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Marriott
Marriott traces its origins to 1927, when J. Willard Marriott and his wife Alice opened a root beer stand in Washington, D.C., which grew into a restaurant chain before the couple opened their first hotel, the Twin Bridges Motor Hotel, in 1957. The company grew substantially under J.W. Marriott Jr.'s leadership through both new construction and major acquisitions, and its 2016 acquisition of Starwood Hotels & Resorts for $13.6 billion created the largest hotel company in the world by number of rooms, combining Marriott's brands with Starwood's portfolio including Westin and Sheraton. Marriott Bonvoy, the company's unified loyalty program formed by merging several previously separate rewards programs following the Starwood acquisition, became one of the largest hotel loyalty programs in the world by membership, spanning more than 30 distinct hotel brands under one corporate umbrella. Marriott's combination of its origins as a root beer stand and its landmark Starwood acquisition creating the world's largest hotel company has made it one of the most commercially significant hospitality companies in history.
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Hyatt
Hyatt was founded in 1957 when Jay Pritzker purchased the Hyatt House motel near Los Angeles International Airport, and the Pritzker family built the company into a major international hotel chain over subsequent decades while maintaining significant family ownership and control. The company became particularly known for pioneering the modern atrium-style hotel lobby design, introduced at the Hyatt Regency Atlanta in 1967, featuring a dramatic multi-story open interior space that became widely copied across the hotel industry and remains closely associated with Hyatt's architectural identity. Hyatt has positioned itself with a somewhat smaller, more selectively curated portfolio of hotel brands compared to larger competitors like Marriott and Hilton, while pursuing significant acquisitions including Two Roads Hospitality and Apple Leisure Group to expand its luxury and all-inclusive resort offerings. Hyatt's combination of its sustained Pritzker family ownership and its pioneering atrium-style hotel architecture has made it one of the most architecturally influential hotel chains in the industry's history.
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