Traditional Culture Encyclopedia - Hotel reservation - The Development History of Hyatt Hotel

The Development History of Hyatt Hotel

The first hotel of Hyatt Regency Hotel Group opened on September 27th, 1957, located at Los Angeles International Airport, formerly known as Hyatt House. This group developed rapidly in the 1960s.

On September 27th, 1957, the first hotel managed by Hyatt opened in Los Angeles.

1969, entering Hong Kong.

1986, entered Tianjin.

1989, enter Xi 'an.

During the period of 1994, in order to find more development opportunities, Hyatt Regency Hotel Group launched a new expansion mode, and diversified into some risky industries, including franchising, time-sharing sales, independent golf course management and gambling.

1999, Grand Hyatt Shanghai opened.

On August 28th, 20001year, Hyatt Regency Shanghai was renamed as Grand Hyatt Shanghai. The annual turnover is 433 million RMB, and the owner's profit is 65.438+09.2 million USD.

On June 28th, 2005, Hyatt Regency Hangzhou opened, which is the fifth hotel of Hyatt International Hotel Group in Chinese mainland after Beijing, Shanghai, Xi and Tianjin.