Park Hospitality Holdings Receives Award Honoring Corry Oakes, OTO Development’s Co-Founder and CEO; Additional Owners, Operators and Developers Received Honors
CHICAGO, March 10, 2025–(BUSINESS WIRE)–Hyatt Hotels Corporation (NYSE: H) announced the renaming of its Strategic Partner award to The Corry Oakes Strategic Partner Award, honoring the legacy of OTO Development’s co-founder and CEO who passed away unexpectedly in 2022. This award, as well as additional honors including two new categories, Purpose & Care and Operational Excellence, were presented at Grand Hyatt Baha Mar during Hyatt’s 2025 Americas Owners Conference. The theme of the conference, Business is Personal, was reflected throughout the award presentations, which celebrated the deep relationships and personal commitments that drive success across Hyatt’s owner, operator, and developer community.
Oakes was remembered as a strategic partner and close friend of the Hyatt family. Hyatt’s relationship with OTO Development has resulted in developing Hyatt Centric, Hyatt House and Hyatt Place properties across the United States. Amy Oakes, Corry’s wife, was present for the award renaming announcement, led by Jim Chu, chief growth officer, Hyatt.
“The impact that Corry Oakes had on Hyatt is immeasurable, and it was my honor to celebrate his legacy by announcing The Corry Oakes Strategic Partner Award. Corry was an exemplary partner for many years, and he is deeply missed,” said Jim Chu, chief growth officer, Hyatt. “As Hyatt continues to evolve, we are deeply appreciative of all our valued owners, operators and developers, and we extend our congratulations to this year’s award recipients.”
The 2025 Hyatt Americas Owners Conference Awards include:
The Corry Oakes Strategic Partner Award celebrates a company’s culture, philosophies, and strong, multi-brand relationship with Hyatt. These meaningful attributes exemplify Corry Oakes’ legacy.
Parks Hospitality Holdings has played an instrumental role in expanding Hyatt’s portfolio in Mexico. They continue to embrace thoughtful growth, sustainability, and lead with a deep respect for local communities. Parks Hospitality Holdings’ highly anticipated openings include Park Hyatt Cancun, Grand Hyatt Mexico Santa Fe, Grand Hyatt Los Cabos and Hyatt Place Cancun Airport. The group’s focus on thoughtful growth, sustainability and local craftsmanship continues to set Hyatt apart in the region.
Purpose & Care (NEW) celebrates a company’s demonstration of Hyatt’s purpose, to care for people so they can be their best, and meaningful support of local communities.
Host Hotels & Resorts received the inaugural Purpose & Care Award for their unwavering commitment to supporting communities in times of crisis, particularly following the August 2023 Maui wildfires. As wildfires devastated Lāhainā, Host Hotels & Resorts provided immediate relief and long-term support for displaced colleagues, guests, first responders, and the broader Maui community. Their dedication to recovery and rebuilding exemplifies Hyatt’s purpose of care.
Developer of the Year recognizes developers for their design creativity, construction quality, attention to detail and excellence in hotel development.
Extell Development is a two-time Developer of the Year recipient known for transformative projects including their latest achievement, Grand Hyatt Deer Valley, which opened in November 2024. This property anchors the newly developed Deer Valley East Village—the first luxury mountain village of its kind in North America since 1981. With 436 luxury accommodations, including 55 residences, Deer Valley sets a new standard for mountain hospitality.
K Inmuebles was one of the first Hyatt Inclusive Collection owners to invest in Mexico and the company’s Secrets properties consistently rank in the top 10% for guest experience. Since Secrets Playa Blanca Costa Mujeres opened just over a year ago, it has become one of the top performing resorts within the entire Cancun/Riviera Maya area. The 507-room adults-only resort places an emphasis on thoughtful architecture, breathtaking views, and proximity to some of Mexico’s most beautiful natural treasures.
3H Group was among the first to embrace the Hyatt Studios brand and committed to developing five properties, including the recently opened Hyatt Studios Mobile/Tillmans Corner. 3H Group also broke ground on Hyatt Studios locations in Huntsville, Al and Jacksonville, Fl, along with Caption by Hyatt Chattanooga. They also recently acquired Hyatt Place Tampa Airport / Westshore, which is set for a transformative renovation.
For more information, please visit hyatt.com/development.
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 guided by its purpose – to care for people so they can be their best. As of December 31, 2024, the Company’s portfolio included more than 1,400 hotels and all-inclusive properties in 79 countries across six continents. The Company’s offering includes brands in the Luxury Portfolio, including Park Hyatt®, Alila®, Miraval®, Impression by Secrets, and The Unbound Collection by Hyatt®; the Lifestyle Portfolio, including Andaz®, Thompson Hotels®, The Standard®, Dream® Hotels, The StandardX, Breathless Resorts & Spas®, JdV by Hyatt®, Bunkhouse® Hotels, and Me and All Hotels; the Inclusive Collection, including Zoëtry® Wellness & Spa Resorts, Hyatt Ziva®, Hyatt Zilara®, Secrets® Resorts & Spas, Dreams® Resorts & Spas, Hyatt Vivid Hotels & Resorts, Sunscape® Resorts & Spas, and Alua Hotels & Resorts®; the Classics Portfolio, including Grand Hyatt®, Hyatt Regency®, Destination by Hyatt®, Hyatt Centric®, Hyatt Vacation Club®, and Hyatt®; and the Essentials Portfolio, including Caption by Hyatt®, Hyatt Place®, Hyatt House®, Hyatt Studios, and UrCove. Subsidiaries of the Company operate the World of Hyatt® loyalty program, ALG Vacations®, Mr & Mrs Smith, Unlimited Vacation Club®, Amstar® DMC destination management services, and Trisept Solutions® technology services. For more information, please visit www.hyatt.com.
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Contacts
Media Contact Melissa Wright Hyatt melissa.wright@hyatt.com
