What To Know
- The Hyatt-UVC partnership has a positive impact on guests who stay at UVC resorts managed by Hyatt.
- How do I book a stay at a UVC resort managed by Hyatt.
- You can book a stay at a UVC resort managed by Hyatt through Hyatt’s website or by calling Hyatt’s reservations line.
The world of vacation ownership is vast and complex, with numerous players offering a wide range of options. Among the most prominent names in the industry are Hyatt and UVC (Ultimate Vacation Club). Given their prominence, it’s natural to wonder about the nature of their relationship: does Hyatt own UVC?
Hyatt’s Ownership Structure
Hyatt Hotels Corporation is a publicly traded company, with its shares listed on the New York Stock Exchange (NYSE). Hyatt owns and operates a portfolio of over 1,000 hotels and resorts in more than 65 countries worldwide.
UVC’s Ownership Structure
UVC is a private company, owned by a group of investors led by Interval Leisure Group (ILG). ILG is a publicly traded company that specializes in vacation ownership and exchange services. UVC operates a network of over 40 resorts in popular vacation destinations around the world.
Does Hyatt Own UVC?
The answer to the question “does Hyatt own UVC?” is a resounding no. Hyatt does not own UVC, and the two companies are separate entities with their own distinct ownership structures.
Hyatt’s Relationship with UVC
While Hyatt does not own UVC, the two companies have a long-standing partnership that dates back to 2009. Under this partnership, Hyatt provides management services for a number of UVC resorts. This includes handling the day-to-day operations of the resorts, such as reservations, housekeeping, and guest services.
Benefits of the Hyatt-UVC Partnership
The Hyatt-UVC partnership benefits both companies in several ways:
- For Hyatt: It allows Hyatt to expand its reach into the vacation ownership market without having to invest in developing and managing its own resorts.
- For UVC: It gives UVC access to Hyatt’s world-renowned brand and its extensive customer base.
Impact on Guests
The Hyatt-UVC partnership has a positive impact on guests who stay at UVC resorts managed by Hyatt. Guests benefit from:
- Hyatt’s high standards of service: Hyatt is known for its exceptional customer service, which extends to its management of UVC resorts.
- Hyatt’s loyalty program: Guests who stay at UVC resorts managed by Hyatt can earn Hyatt loyalty points, which can be redeemed for free nights, upgrades, and other perks.
In a nutshell
In conclusion, Hyatt does not own UVC. The two companies are separate entities with their own distinct ownership structures. However, they have a long-standing partnership that allows Hyatt to provide management services for a number of UVC resorts. This partnership benefits both companies and provides guests with a high level of service and valuable loyalty perks.
Frequently Asked Questions
Q: Is Hyatt a part of UVC?
A: No, Hyatt is not a part of UVC. The two companies are separate entities.
Q: Can I use my Hyatt points at UVC resorts?
A: Yes, you can earn and redeem Hyatt points at UVC resorts managed by Hyatt.
Q: Are UVC resorts as nice as Hyatt hotels?
A: UVC resorts managed by Hyatt offer a similar level of quality and service to Hyatt hotels.
Q: How do I book a stay at a UVC resort managed by Hyatt?
A: You can book a stay at a UVC resort managed by Hyatt through Hyatt’s website or by calling Hyatt‘s reservations line.
Q: Is it worth it to buy a UVC membership?
A: Whether or not it is worth it to buy a UVC membership depends on your individual travel needs and preferences.
