Hyatt Hotels Corporation, a global hospitality company based in Chicago, Illinois, operates a diverse portfolio of properties including full-service hotels and resorts, select service hotels, and vacation condominium units. The company operates across five segments, including Owned and Leased Hotels, Americas Management and Franchising, ASPAC Management and Franchising, EAME/SW Asia Management and Franchising, and Apple Leisure Group. Hyatt manages, franchises, licenses, owns, and leases multiple properties under several brands such as Park Hyatt, Grand Hyatt, Hyatt Regency, Hyatt Place, Hyatt House, UrCove, Miraval, Alila, Andaz, Thompson Hotels, and Hyatt Centric among others. Hyatt primarily caters to corporations, national, state, and regional associations, as well as travel agencies, luxury organizations, and individual consumers. It also operates the World of Hyatt loyalty program, which rewards points that can be redeemed for hotel stays and other rewards. The company was established in 1957, and since then, it has expanded its global footprint to include markets in the United States and internationally.