Information AboutHyatt |
| CATEGORIES ABOUT HYATT | |
| braniff | |
| hotel chains | |
| companies established in 1957 | |
| modernist architecture | |
| global hyatt | |
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Hyatt is a family of hotel brands owned by Global Hyatt Corporation . HISTORY In December of 2004, Global Hyatt announced it would acquire AmeriSuites, an upscale chain of all suite business class hotels from affiliates of the Blackstone Group, a New York based private equity investment firm. Blackstone had inherited AmeriSuites from its 2004 acquisition of Prime Hospitality. The AmeriSuites chain will be rebranded and converted to a new concept called Hyatt Place. With Hyatt Place, Global Hyatt will better compete with the limited service products Courtyard by Marriott and Hilton Garden Inn offered by industry leaders Marriott International and Hilton Hotels Corp. In December of 2005, Global Hyatt announced a second limited service acquisition, Summerfield Suites. Again the seller was the Blackstone Group. Blackstone had inherited Summerfield Suites from its purchase of Wyndham International. Summerfield Suites will be rebranded as Hyatt Summerfield Suites and positioned to compete in the upscale extended stay market against brands such as Residence Inn, Homewood Suites, and Extended Stay Deluxe. BRANDS The Hyatt brands are:
LOCATIONS Hyatt Corporation
Hyatt International Corporation
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