The school year is beginning all over the country and I realized our blog has been hard at play all summer. Attention, folks—time for a timeshare lesson!
Did you know that the international, multibillion dollar industry of hotels with the Hyatt name was actually founded by someone with the first name “Hyatt?” Hyatt R. von Dehn and Jack D. Crouch were the original entrepreneurs who began the business. When Hyatt—uh, Mr. von Dehn—wanted out, he sold his share to Jay Pritzker, who, interestingly, heard that the hotel was for sale while he was waiting in a coffee shop for a flight. He scribbled an amount of 2.2 million on a napkin and the deal was made and the Hyatt Corporation was born.
The Pritzker name might be familiar, as it is attached to one of the wealthiest families in America, being near the top of Forbes magazine’s “America’s Richest Families” list since the magazine began it in 1982. Especially in Chicago, where the family has its roots, public parks, universities, research centers for architecture, law, medicine, zoos, art galleries and military libraries all bear its name.
Jay Pritzker and Jack D. Crouch bought the Hyatt House motel adjacent to the Los Angeles International Airport in 1957. From there, the company expanded rapidly over the next decade, and it became publicly traded in 1962. In 1969, Hyatt opened its first overseas hotel, the Hyatt Regency Hong Kong. Hyatt has become known for its resorts after the opening of Hyatt Regency Maui in 1980. Today Hyatt has over 490 hotels worldwide, encompassing business suites, boutique hotels, timeshares, and extended stay lodging.
Because of the superiority of its business practices, locations, and accommodations, Hyatt timeshares are consistently in high demand on the resale market. This makes Hyatt timeshare resales a valuable sell and a better investment in the timeshare resale market than lesser-known properties. Check out some of what Premier Timeshare Resale has advertised for Hyatt timeshare resales now, or do an online search for Hyatt timeshares in your favorite vacation spot and gorge yourself on the beautiful photos. Then contact us so we can help you buy the Hyatt timeshare resale you like.
