Explore Jobs
Find Specific Jobs
Explore Careers
Explore Professions
Best Companies
Explore Companies
This question is about Hyatt Hotels.
Who owns Hyatt?
Family members and institutional investors own Hyatt. Hyatt is 85% owned by the Pritzker family. The other 15% was sold in 2007 to affiliates of Goldman Sachs and Madrone Capital for $1 billion. Currently, the largest institutional investors in Hyatt are BAMCO, Inc (10.6% of total shares) and The Vanguard Group Inc. (8.3% of total shares).
The Hyatt Corporation came into being when they purchased the Hyatt House, at Los Angeles International Airport, on September 27, 1957. The Pritzker family founded and expanded upon the Hyatt hotel corporation. In 2009, Hyatt opened for trading on the New York Stock Exchange under the ticker symbol "H" after its successful initial public offering.
The Pritzker family created The Marmon Group, a conglomerate of manufacturing and industrial service companies, in 1953. In 2019, The Marmon Group was taken over by Berkshire, an American multinational conglomerate holding company founded by Warren Buffett and Oliver Chace. They own a 60% stake in The Marmon Group.
Pritzkers' ownership has declined to less than half of Hyatt's outstanding common stock for the first time since the company went public in November 2009. The Pritzker family members still continue to control 73% of the voting power thanks to a dual-stock structure that gives the Pritzkers ten times the voting power of other shareholders.
Choose from 10+ customizable resume templates
Zippia allows you to choose from different easy-to-use templates, and provides you with expert advice. Using the templates, you can rest assured that the structure and format of your resume is top notch. Choose a template with the colors, fonts & text sizes that are appropriate for your industry.
Hyatt Hotels Jobs
Learn More About Hyatt Hotels Jobs
- Reviews
