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Who owns the Grand Hyatt Hong Kong?
The hotel currently has 549 rooms, 60% of which overlook the sea view of Victoria Harbour, and there are many commercial buildings and shopping malls nearby.
Hyatt Hotels and Resorts is the world's top multinational hotel group and one of the top ten famous hotel brands in the world. It manages hundreds of hotels around the world, owns and manages more than 140000 rooms, and is famous for its luxury and comfort. Its founder is Jay Pritzker.
The first hotel of Hyatt Hotels Group opened on September 27th, 1957, located at Los Angeles International Airport, named Hyatt House Motel, which is the predecessor of Hyatt Hotels. The group developed rapidly in 1960s and became a hotel management and ownership company in North America. 1968, Hyatt International Hotel Group was established and listed.
1969, Hyatt International Hotels Group owned 13 Hyatt Hotels in the United States, and opened its first hotel overseas in the same year.
Hyatt Hotels Group and Hyatt International privatized the commercial assets of Pritzker family in 1979 and 1982 respectively. In 1980s, Grand Hyatt and Park Hyatt were introduced, but Hyatt remained the main hotel brand of the Group.
In 2004, the Pritzker family owned all the property assets of the hotel, including Hyatt Hotels Group and Hyatt International, and merged them into a single entity, now known as Hyatt Hotels Group.
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