The FINANCIAL — Hyatt Hotels Corporation announced its long-term commitment to education and workforce readiness with Ready To Thrive, a new global philanthropy program focused on literacy and career development.
Ready to Thrive will lend critical support to the company’s corporate responsibility platform, Hyatt Thrive, which strives to make local communities places where Hyatt associates are proud to work, where guests want to visit, where neighbors want to live and where hotel owners want to invest, according to Hyatt Hotels Corporation.
Through Ready to Thrive, Hyatt will invest its corporate dollars in education, a key issue that not only impacts many local communities around the world but is also critical to Hyatt’s long term business goals and global expansion efforts. Hyatt will make a commitment to serving its local communities, many with youth and schools in need of educational resources, by helping to provide rich and meaningful career paths to community members with diverse background and skillsets.
This commitment and philanthropy strategy is designed to increase the quality of life in communities around the world, and in turn, build a strong foundation for Hyatt’s future associates. First year investments will include support for global literacy initiatives, as well as training programs in Brazil, a strategic location for Hyatt with the anticipated opening of Grand Hyatt Rio de Janeiro in 2015, according to Hyatt Hotels Corporation.
“Our focus on literacy and career development goes beyond charitable giving – it is a strategic investment of our resources to create a lasting impact for local communities and for our company,” said Mark Hoplamazian, President and Chief Executive Officer for Hyatt Hotels Corporation. “We know that a solid education is essential for economic growth, job creation and income generation, all of which are critical to creating thriving communities and to the success of our businessm,” he added.
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