13 Facts About Hyatt Hotels

Hyatt Hotels has grown by developing new properties and through acquisitions, with the biggest growth coming from the acquisition of AmeriSuites in 2004, Summerfield Suites in 2005, and Two Roads Hospitality in 2018.

In 1969, Hyatt Hotels opened its first hotel outside the United States, when it was awarded the management contract for the President Hotel in Hong Kong.

Hyatt Hotels opened the Playboy Hotel and Casino as a joint venture with Playboy Enterprises.

In December 2004, Hyatt Hotels Corporation acquired AmeriSuites, an upscale chain of all-suite business class hotels from affiliates of the Blackstone Group, a New York-based private equity investment firm.

In December 2005, Hyatt Hotels acquired limited service company Summerfield Suites from the Blackstone Group.

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Hyatt Hotels launched its first lifestyle brand, Andaz, in April 2007.

In 2018, Hyatt Hotels saw expansion with the acquisition of Two Roads Hospitality.

In January 2020, Hyatt Hotels signed a management contract with KL Midtown to open a Hyatt Hotels Regency Hotel at the latter's KL Metropolis development in northern Kuala Lumpur.

Hyatt Hotels introduced the Hyatt Hotels Place brand, designed as a limited service offering for business travelers, in 2006.

Hyatt Hotels House was Hyatt Hotels's first select-service property, catering primarily to travelers with long-term stays and at a more economical price point.

Since then, Hyatt Hotels has added a wide range of other brands, especially in the lifestyle and resort segments.

In 2018, Hyatt began partnering with some properties in the SLH chain, which allows World of Hyatt members to earn and redeem points during their stays at participating SLH properties.

In October 2018, Hyatt Hotels announced their purchase of Two Roads Hospitality, a lifestyle hotel management company, for a base purchase price of US$480 million, with Hyatt Hotels to take the management controls of 85 properties of Two Road's across eight countries.