Global Hyatt Corporation Acquires Full Ownership Interest in Park Hyatt Paris-Vendome.CHICAGO -- Global Hyatt Global Hyatt Corporation is a Chicago, Illinois, based holding company for several hotel brands and related businesses. Subsidiaries
1. A company licensed for the purpose of carrying out improvements, by means of loans and advances upon real securities. . The purchase price was not disclosed. Affiliates of the three companies developed the hotel, which opened in 2002 after a full rehabilitation by Bouygues Immobilier of a historic bank complex situated adjacent to Place Vendome, the landmark square originally built in 1702 as a monument to the glory of the armies of Louis XIV Louis XIV, king of France Louis XIV, 1638–1715, king of France (1643–1715), son and successor of King Louis XIII. Early Reign . The hotel will continue to operate as Park Hyatt Paris-Vendome. Designed by renowned architect Ed Tuttle, Park Hyatt Paris-Vendome combines classical French and contemporary styles. Park Hyatt Paris-Vendome offers its discerning clientele premier accommodations in a preferred location, within walking distance of the Louvre Museum Louvre Museum National museum and art gallery of France, in Paris. It was built as a royal residence, begun under Francis I in 1546 on the site of a 12th-century fortress. , Place de la Concorde For the painting, see . The Place de la Concorde is one of the major squares in Paris, France. and exclusive shopping. Park Hyatt Paris-Vendome recently received prominent recognition as the #1 Hotel in Europe and the #2 Hotel in the World in Institutional Investor's World's Best Hotels Poll, an annual survey of top financial executives with an average household income exceeding $800,000 and who spent more than 60 nights in hotel rooms in 2005. About Global Hyatt Corporation There are 215 Hyatt hotels and resorts (over 90,000 rooms) in 43 countries around the world, operating under the Hyatt(R), Hyatt Regency(R), Grand Hyatt(R) and Park Hyatt(R) brands. Currently, there are an additional 30 Hyatt hotels and resorts under development, including 11 new hotels in China. Hyatt Corporation (domestic U.S., Canada and Caribbean hotels) and Hyatt International Corporation (international properties) are subsidiaries of Chicago-based Global Hyatt Corporation. Global Hyatt Corporation is also the owner of Hyatt Vacation Ownership, Inc. operators of the Hyatt Vacation Club (timeshare and fractional residential product), Hyatt Equities, L.L.C. (hotel ownership), Select Hotel Group L.L.C. (which owns, operates and franchises AmeriSuites hotels, Hyatt Place  This article or section is written like an .Please help [ rewrite this article] from a neutral point of view. Mark blatant advertising for , using . and Summerfield Suites In June 2005 the Blackstone Group acquired Wyndham International for $3.2 billion. Summerfield Suites, Wyndham’s extended stay offering, was included in the deal. On December 1st 2005 Global Hyatt confirmed that it had entered into a definitive agreement to acquire the hotels) and U.S. Franchise Systems, Inc. (which franchises Hawthorn Suites Hawthorn Suites is a chain of hotels in the United States. Hawthorn Suites is among the key players in the midscale hotels category, according to CNN.com [1]. Most Hawthorn Suites offer amenities such as meeting rooms, exercise facilities, swimming pools, and a free hot , and Microtel Inns and Suites). From the U.S. and Canada, reservations for any Hyatt hotel worldwide may be obtained by calling 1-800-233-1234 or logging onto www.hyatt.com. |
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