No, Hyatt did not buy Hilton. As of 2026, Hyatt Hotels Corporation and Hilton Worldwide Holdings remain two of the largest, entirely independent, and fiercely competitive hotel groups in the world. While the hospitality industry has seen massive consolidation—such as Marriott's acquisition of Starwood—Hilton and Hyatt have focused on internal growth and smaller, strategic acquisitions. For instance, Hyatt recently expanded its luxury portfolio by acquiring Standard International (2024) and Playa Hotels & Resorts (2025), while Hilton has focused on expanding its "Spark" and "LivSmart" brands. The two companies operate completely separate loyalty programs (World of Hyatt vs. Hilton Honors) and have distinct business philosophies; Hilton is significantly larger in terms of total properties and global reach, whereas Hyatt focuses more on the high-end, "lifestyle" and luxury segments. Thinking they are the same company is a common mistake because they both operate in the same major cities and often share similar "sub-brand" names, but they are as separate as Coca-Cola and Pepsi.