Hyatt Hotel

Hyatt Hotel
Diversity & Inclusion Companies:
Hyatt Hotel
About the Diversity & Inclusion Company:
Minority Business Enterprise (MBE) – a sole proprietorship, partnership, corporation, or joint venture in which a minimum of 51% is owned, operated and controlled by one of more minorities. In the case of a corporation, minority stockholders must be in control of the management and daily business operations, and a majority of the directors must be minority group members.
How this Equity, Diversity, Inclusion focused company manages EDI?:

Diversity Resource Business Groups (DBRG)

 

Components of a Successful DBRG Group

  • Talent Acquisition, Engagement, Retention & Recruitment – The DBRGs partner with Hyatt’s talent acquisition team through recruitment/ referral opportunities.
  • Executive Business Sponsor – Sponsorship and support offered to Hyatt Diversity Business Resource Group; Attends events and activities hosted by that DBRG
  • Corporate Responsibility – Making connections to lines of business, supporting the efforts and vision of corporate responsibility related activities.
  • Mentoring – Alignment with key external growth program matching emerging leaders with senior executives at different companies.
  • External Partners – Leveraging the work of the organization; attending conference, nominates for awards, and contributes to research.
  • Financial Literacy – Financial literacy empowerment for all.
  • Health & Well-being – Physical and financial wellness opportunities & partnerships sponsored by DBRG members for all colleagues
  • Brand Products and Services – Allow the DBRG to help provide connections to possible brand recognition & associated products and services.
  • Onboarding – Encouraging new associates to engage in DBRG opportunities, feel a sense of belonging, and participate in events and activities.

About Our Supplier Diversity Program

Hyatt, founded in 1957 by Jay Pritzker, continues to be guided by the spirit that fostered the formation and growth of our company for more than fifty years. Our roots give us a perspective shared by businesspeople seeking to develop their companies and reach new levels of success. In our efforts to increase our overall purchasing with minority and women-owned businesses, we established benchmarks/goals for our managed properties. To help us reach our goals, we contracted with CVM Solutions, a company that provides supplier relationship management tools to manage the location, registration, and qualification of suppliers.

Program Guidelines

To be a part of Hyatt’s Supplier Diversity Program, a supplier must meet one of the following criteria:

 

Minority Business Enterprise (MBE) – a sole proprietorship, partnership, corporation, or joint venture in which a minimum of 51% is owned, operated and controlled by one of more minorities. In the case of a corporation, minority stockholders must be in control of the management and daily business operations, and a majority of the directors must be minority group members.

 

Women Business Enterprise (WBE) – a sole proprietorship, partnership, corporation, or joint venture in which a minimum of 51% is owned, operated and controlled by a woman. In the case of a corporation, women stockholders must be in control of the management and daily business operations, and a majority of the directors must be women.

 

Disabled Veterans (DVBE) – a privately or publicly owned company where one or more disabled veterans hold at least 51% of the control or ownership. Nationwide, the Association of Service Disabled Veterans certifies DVBEs.

 

Lesbian, Gay, Bisexual, and/or Transgender owned Business Enterprise (LGBTBE) – be at least fifty-one percent (51%) owned, operated, managed, and controlled by an LGBT person or persons who are either U.S. citizens or lawful permanent residents. Exercise independence from any non-LGBT business enterprise, have its principal place of business (headquarters) in the United States and have been formed as a legal entity in the United States

Hyatt Hotels Corporation (NYSE:H) announced today that Hyatt has joined the CEO ACT!ON for Diversity & Inclusion™ initiative and signed the United Nations LGBTI Standards of Conduct for Business. Hyatt’s commitment underscores its long-standing dedication to creating an inclusive workplace, led by a CEO-chaired Global Inclusion and Diversity Council tasked with driving Hyatt’s culture of inclusion and diversity.

“Our purpose is to care for people so they can be their best, and that includes taking actions to create an inclusive environment for our colleagues around the world,” said Mark Hoplamazian, Hyatt’s chief executive officer. “We’ve laid a strong foundation—from an active network of employee-led diversity business resource groups to our focus on diverse leadership development—and our work is ongoing. Supporting these important initiatives reinforces my personal commitment to embedding inclusion and diversity into all areas of our business.”

CEO ACT!ON

The CEO ACT!ON for Diversity & Inclusion™ is a unique collaboration of chief executives across industries, committed to advancing their workplaces through discussion, education and training. Building on existing inclusion and diversity integrations, Hoplamazian’s pledge requires three actions:

  • Support open dialogue within the company regarding diversity and inclusion
  • Share best practices within the greater business community
  • Expand unconscious bias training
Over 400 CEOs have signed the pledge so far to share their experiences and best practices, supporting those who are in the process of developing diversity strategies. Hoplamazian is one of few executives within the hospitality industry to join the CEO ACT!ON initiative.

LGBTI Standards of Conduct

Hyatt has also signed on as a supporter of the United Nations LGBTI Standards of Conduct for Business – a set of five core standards of conduct developed by the United Nations Human Rights Office to protect lesbian, gay, bi, trans and intersex (LGBTI) people from discrimination across business sectors. Hyatt has become the third company within the hospitality sector to formalize its support of the standards of conduct.

“On a global scale, we’re standing up against all forms of discrimination,” said Malaika Myers, Hyatt’s chief human resources officer. “We know that we can only be a truly inclusive workplace if we create an environment that allows our colleagues to bring their whole selves to work every day so they can be their best and better care for others.”

Hyatt has long been recognized for its efforts in supporting inclusion and diversity in the workplace. Hyatt received a perfect 100 percent rating on the annual Human Rights Campaign Corporate Equality Index every year since 2005, earning the organization’s designation as a “Best Place to Work for LGBTQ Equality.” Hyatt has also been named among Forbes’ “America’s Best Employers for Diversity” and was ranked No. 2 on FORTUNE’S 2017 list of “Best Workplaces for Diversity.”

The term “Hyatt” is used in this release for convenience to refer to Hyatt Hotels Corporation and/or one or more of its affiliates.

About Hyatt Hotels Corporation

Hyatt Hotels Corporation, headquartered in Chicago, is a leading global hospitality company with a portfolio of 20 premier brands. As of September 30, 2019, the Company’s portfolio included more than 875 properties in over 60 countries across six continents. The Company’s purpose to care for people so they can be their best informs its business decisions and growth strategy and is intended to attract and retain top employees, build relationships with guests and create value for shareholders. The Company’s subsidiaries develop, own, operate, manage, franchise, license or provide services to hotels, resorts, branded residences, vacation ownership properties, and fitness and spa locations, including under the Park Hyatt®, Miraval®, Grand Hyatt®,Alila®, Andaz®, The Unbound Collection by Hyatt®, Destination®, Hyatt Regency®,Hyatt®,Hyatt Ziva, Hyatt Zilara, Thompson Hotels®, Hyatt Centric®, Caption by HyattJoie de Vivre®Hyatt House®,Hyatt Place®,tommie™, Hyatt Residence Club® and Exhale® brand names, and operates the World of Hyatt® loyalty program that provides distinct benefits and exclusive experiences to its valued members. For more information, please visit www.hyatt.com.

 

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