What To Know
- Hyatt Residence Club is a vacation ownership program that offers spacious and well-equipped suites in prime locations around the world.
- This difference in ownership structure reflects the different business models of the two companies, with Marriott focusing on traditional hotel operations and Hyatt having a strong presence in the vacation ownership market.
- In addition to the benefits mentioned in the blog post, Hyatt Residence Club members also receive exclusive access to Hyatt’s loyalty program, World of Hyatt.
The world of hospitality is a vast and complex one, with countless hotel brands and management companies vying for your business. It can be difficult to keep track of who owns what, especially when it comes to the larger hotel chains. One common question that arises is whether Marriott owns Hyatt Residence Club. In this comprehensive blog post, we will delve into the intricate web of hotel ownership to uncover the truth behind this intriguing question.
Hyatt Residence Club: A Brief Overview
Hyatt Residence Club is a vacation ownership program that offers spacious and well-equipped suites in prime locations around the world. Members of the program can enjoy exclusive access to these suites, which typically feature full kitchens, separate living and sleeping areas, and private balconies or patios. Hyatt Residence Club is a popular choice for families and travelers who desire the comforts of home while on vacation.
Marriott: A Global Hospitality Giant
Marriott is one of the largest hotel companies in the world, with a diverse portfolio of brands that includes Marriott Hotels, Sheraton, Ritz-Carlton, and Westin. Marriott also operates a vacation ownership program called Marriott Vacation Club. However, despite the similarities in their offerings, Marriott does not own Hyatt Residence Club.
Who Owns Hyatt Residence Club?
Hyatt Residence Club is owned by Hyatt Hotels Corporation, which is a publicly traded company. Hyatt Hotels Corporation also owns other hotel brands such as Hyatt Regency, Park Hyatt, and Andaz.
Why Doesn’t Marriott Own Hyatt Residence Club?
There are several reasons why Marriott does not own Hyatt Residence Club. First and foremost, Hyatt Hotels Corporation is a separate and independent company from Marriott. While Marriott and Hyatt have collaborated on various projects in the past, they have never merged or acquired each other.
Secondly, Marriott and Hyatt have different business models. Marriott primarily focuses on traditional hotel operations, while Hyatt has a strong presence in the vacation ownership market. This difference in focus makes it less likely that Marriott would acquire Hyatt Residence Club.
Benefits of Hyatt Residence Club Membership
As mentioned earlier, Hyatt Residence Club members enjoy exclusive access to spacious and well-equipped suites in prime locations around the world. In addition, members also receive the following benefits:
- Priority access to reservations
- Member-only discounts on room rates
- Complimentary Wi-Fi and parking
- Access to exclusive events and activities
Alternatives to Hyatt Residence Club
If you are considering joining a vacation ownership program but are not interested in Hyatt Residence Club, there are several other options available. Some popular alternatives include:
- Marriott Vacation Club
- Disney Vacation Club
- Wyndham Vacation Club
- Hilton Grand Vacations Club
Conclusion: The Ownership Divide
In conclusion, Marriott does not own Hyatt Residence Club. Hyatt Residence Club is owned by Hyatt Hotels Corporation, a separate and independent company. While Marriott and Hyatt have collaborated on various projects in the past, they have never merged or acquired each other. This difference in ownership structure reflects the different business models of the two companies, with Marriott focusing on traditional hotel operations and Hyatt having a strong presence in the vacation ownership market.
FAQ
Q: Does Marriott own any other vacation ownership programs?
A: Yes, Marriott owns Marriott Vacation Club.
Q: Can I use my Hyatt Residence Club points to book Marriott hotels?
A: No, Hyatt Residence Club points can only be used to book Hyatt properties.
Q: Can I use my Marriott Vacation Club points to book Hyatt Residence Club suites?
A: No, Marriott Vacation Club points can only be used to book Marriott properties.
Q: Are there any other benefits to being a Hyatt Residence Club member?
A: In addition to the benefits mentioned in the blog post, Hyatt Residence Club members also receive exclusive access to Hyatt’s loyalty program, World of Hyatt. This program offers a range of benefits, including free nights, room upgrades, and priority access to reservations.
Q: How much does it cost to join Hyatt Residence Club?
A: The cost of joining Hyatt Residence Club varies depending on the location and size of the suite you choose. However, you can expect to pay an initial membership fee of several thousand dollars, as well as annual maintenance fees.
