How the Hyatt hotel empire started and has grown since 1957 - Business Insider

A spokesperson for the Hyatt didn't immediately respond to a request for comment from Business Insider.In 1957, a Chicago-based lawyer took a business trip to Los Angeles that resulted in the purchase of the hotel closest to the airport.

University of Southern California/Corbis Historical via Getty Imagestook a business trip to Los Angeles in 1957.At the time, he felt there was a market for high-quality hotels near large airports, specifically to ameliorate business trips. The thought resulted in Pritzker scribbling a price on a diner napkin and leaving as the owner of the Hyatt House, according to hisA view of the international terminal at San Francisco International Airport.

For a second thought this was going to be the MichaelHyatt story…

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