Hospitality group Hyatt launches fund to support financially strained staff

Hospitality group Hyatt has launched its Hyatt Care Fund, to help colleagues who are financially strained due to the economic implications of the Covid-19 pandemic, it announced on April 23.

The fund will support colleagues with the most pressing financial needs due to Covid-19 virus, through a series of efforts worldwide. Impacted Hyatt colleagues in owned, managed and franchised hotels and in Hyatt’s corporate offices around the world, are eligible to apply.

“At Hyatt, our purpose is to care for people so they can be their best. There is no better proof of that than the more than 151,000 members of the Hyatt family who care for our guests, customers and communities around the world every day,” said Hyatt president and CEO Mark Hoplamazian.

“The Hyatt Care Fund is just one way that we can now care for them, allowing us to emerge in a position of strength when our industry rebounds, and our guests and customers once again choose Hyatt.”

Grants will be prioritised at first, for colleagues who are neither currently working nor stand eligible for government assistance. 

The grants will provide compensation for essential requirements such as rent payments, groceries, childcare assistance, utilities and other monthly payments.

The Hyatt Care Fund has been launched with initial contributions by the Hyatt Hotels Foundation, salary reductions of Hyatt’s senior leadership team and board of directors, and donations from Pritzker family foundations.