Hyatt Hotels Corporation (Hyatt), incorporated on August 4, 2004, is a global hospitality company. The Company manages, franchises, owns and develops Hyatt-branded hotels, resorts and residential and vacation ownership properties globally. As of December 31, 2011, the Company�s portfolio consisted of 483 properties (132,727 rooms and units). It also owns 491-room Hyatt Regency Lost Pines Resort and Spa located in Austin/Bastrop, Texas. In September 2013, Inland American Lodging Group, Inc., a wholly owned subsidiary of Inland American Real Estate Trust, Inc. and Hyatt Hotels Corporation announced the respective purchase and sale of the 14-story, 501-room Hyatt Regency Santa Clara in Santa Clara, Calif. In August 2014, Hyatt Hotels Corp announced that its subsidiary acquired 210-room Park Hyatt New York.