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The California Franchise Tax Board completed an audit in 1993 of Hyatt's tax returns, and determined that Hyatt's primary residence was actually California in 1991 and 1992; the FTB assessed Hyatt $13.3 million in back taxes and fraud penalties. [17] Hyatt filed a protest but after 11 years of administrative proceedings, it was upheld.
Hyatt has expanded its footprint through a number of acquisitions, including the acquisition of AmeriSuites (later rebranded Hyatt Place) in 2004, Summerfield Suites (later rebranded Hyatt House) in 2005, Two Roads Hospitality in 2018, Apple Leisure Group in 2021, Dream Hotel Group in 2023 and Standard International in 2024.
The steps taken after the Hyatt helped the industry recover from failure. — Paul Munger, chairman of the Missouri architectural board [ 8 ] The American Society of Civil Engineers adopted a clear policy—which carries weight in court—that structural engineers are now ultimately responsible for reviewing shop drawings by fabricators. [ 8 ]
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Hyatt Regency Houston was a host hotel for the 1992 Republican National Convention, the 16th G7 Economic Summit in 1990, and the 1998 World Energy Congress. [8] The hotel completed a $40 million renovation in 2008 that included all 947 guestrooms, a redesigned lobby bar, 64,000 square feet (5,900 m 2 ) of meeting space, and the addition of the ...
Destination by Hyatt is a privately held lodging management company headquartered in Englewood, Colorado. It is the United States' largest independent hospitality management company, representing 40 luxury and upscale hotels , resorts and golf clubs internationally. [ 1 ]
On August 28, 2013, UST Hotel Joint Venture Ltd. sold The Peabody Orlando for $717 million, to Hyatt. [4] The hotel was renamed Hyatt Regency Orlando on October 1, 2013. [5] In 2024, Hyatt announced that it had agreed to sell the hotel and 45 acres of adjacent land to RIDA Development Corporation and Ares Management Real Estate for $1.07 billion.
The Hyatt Regency Dallas is a 28-story, 1,120-room hotel in the Reunion district of Dallas, Texas, United States [1] The building is connected to Union Station and Reunion Tower, which is the city's landmark observation tower in downtown Dallas. The Y-shaped building has an atrium on the south side.