During the Recession of 1958, entrepreneur Jay Pritzker purchased the Hyatt House motel near Los Angeles International Airport.
Even with business activity and travel slowing during the tough economic times, Pritzker pushed on, opening two additional hotels before the end of the decade. This collection would grow to nearly 900 properties, and annual revenues exceeding $5 billion dollars!
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"There's no money in poetry, but then there's no poetry in money, either." ~ Robert Graves
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