Hyatt Hotels Corporation is an American multinational owner, operator, and franchiser of hotels, resorts, and vacation properties. The Hyatt Corporation came into being upon purchase of the Hyatt House, at Los Angeles International Airport, on September 27, 1957. As of September 30, 2016, Hyatt has 679 properties in 54 countries. In 2017, Fortune magazine listed Hyatt as the 32nd-best U.S. company to work for.