What To Know
- The answer to the question of whether Hyatt Place is owned by Marriott lies in the ownership structure of the parent companies.
- Hyatt Place is owned and operated by Hyatt Hotels Corporation, a separate entity from Marriott International.
- Yes, if you book your Hyatt Place stay through Marriott channels and are a Marriott Bonvoy member, you will earn Marriott Bonvoy points based on your stay.
In the realm of hospitality, the names Hyatt and Marriott evoke images of luxury and comfort. However, a common question that arises among travelers is: “Is Hyatt Place owned by Marriott?” This blog post delves into the intricate web of hotel ownership to provide a comprehensive answer to this intriguing query.
Hyatt Place vs. Marriott: A Tale of Two Brands
Hyatt Place and Marriott are two distinct hotel brands with unique identities and target audiences. Hyatt Place is an upscale extended-stay brand that caters to business and leisure travelers seeking a comfortable and convenient experience. Marriott, on the other hand, is a global hotel chain known for its diverse portfolio of brands, including luxury, mid-scale, and extended-stay options.
The Parent Company: Hyatt Hotels Corporation
The answer to the question of whether Hyatt Place is owned by Marriott lies in the ownership structure of the parent companies. Hyatt Place is owned and operated by Hyatt Hotels Corporation, a publicly traded company headquartered in Chicago, Illinois. Hyatt Hotels Corporation also owns and manages other hotel brands, including Hyatt Regency, Grand Hyatt, and Andaz.
Marriott International: A Separate Entity
Marriott International is a separate publicly traded company based in Bethesda, Maryland. It owns and operates a vast portfolio of hotel brands, including Marriott Hotels, Sheraton, Westin, and Ritz-Carlton. Marriott International does not own or operate any Hyatt-branded hotels, including Hyatt Place.
Distribution and Licensing Agreements
While Hyatt Place is not directly owned by Marriott, the two companies have entered into distribution and licensing agreements. These agreements allow Marriott International to distribute and sell Hyatt Place rooms through its global reservation system and loyalty programs. This collaboration enables travelers to book Hyatt Place stays through Marriott channels and earn Marriott Bonvoy points.
Independent Ownership and Management
Despite the distribution agreements, Hyatt Place hotels are independently owned and managed by franchisees. Franchisees purchase the rights to use the Hyatt Place brand and operating system, but they are responsible for their own financial performance and management decisions.
Key Points: Uniting for Convenience, Preserving Independence
The answer to the question “Is Hyatt Place owned by Marriott?” is a resounding no. Hyatt Place is owned and operated by Hyatt Hotels Corporation, a separate entity from Marriott International. However, through distribution and licensing agreements, Marriott International plays a role in making Hyatt Place accessible to its customers. This collaboration provides travelers with the convenience of booking Hyatt Place stays through Marriott channels, while preserving the independent ownership and management of Hyatt Place hotels.
Answers to Your Most Common Questions
Q: Can I book a Hyatt Place stay through Marriott channels?
A: Yes, Marriott International has distribution agreements with Hyatt Hotels Corporation, allowing you to book Hyatt Place rooms through Marriott’s reservation system and loyalty programs.
Q: Will I earn Marriott Bonvoy points for staying at a Hyatt Place hotel?
A: Yes, if you book your Hyatt Place stay through Marriott channels and are a Marriott Bonvoy member, you will earn Marriott Bonvoy points based on your stay.
Q: Are Hyatt Place hotels managed by Marriott International?
A: No, Hyatt Place hotels are independently owned and managed by franchisees. Marriott International does not directly manage Hyatt Place properties.
Q: Can I use my Marriott Bonvoy Elite status at Hyatt Place hotels?
A: No, Marriott Bonvoy Elite status benefits are not valid at Hyatt Place hotels. However, some Hyatt Place hotels may offer their own loyalty programs with similar benefits.
Q: Can I transfer Marriott Bonvoy points to Hyatt World of Hyatt points?
A: No, there is no direct transfer program between Marriott Bonvoy and Hyatt World of Hyatt points.
