- 6 - end of 1971, the Hyatt International group7 managed seven hotels located in Hong Kong; Singapore; Manila, the Philippines; Colombo, Ceylon (Sri Lanka); Acapulco, Mexico; Colon, Panama; and Toronto, Canada. Early in the 1970’s, Mr. di Tullio hired Moustaffa Bakry, a former vice president of Hilton International in Cairo, to assist in developing the Middle East. By late 1972, the Hyatt International group had executed nine management contracts, and additional management contract negotiations were in process. By 1973, Mr. di Tullio had become president of HIC. From 1969 through 1975, the number of hotels managed by the Hyatt International group grew from a single property in Hong Kong to 19 hotels located on 4 continents. As of the end of 1979, the Hyatt International group managed 28 hotels in 19 different countries. Mr. di Tullio recruited Roland McCann, another former Hilton colleague, to head the Hyatt International group’s efforts in the Caribbean and Latin America. During the period from 1976 through 1984, the Hyatt International group added 51 properties in Europe, Africa and the Middle East, Mexico and Central America, and Asia, in addition to those already managed. On November 29, 1968, Hyatt Domestic and HIC entered into a licensing agreement for use of certain “Licensed Marks” owned by 7 We use the term “the Hyatt International group” to refer to HIC and its subsidiaries collectively or some combination thereof. That term is in contrast to “HIC” or other instances where we have referred to a specific entity.Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
Last modified: May 25, 2011