What was learned from the Hyatt Regency walkway collapse?
What was learned from the Hyatt Regency walkway collapse? Investigators found that the collapse was the result of changes to the design of the walkway's steel hanger rods. The two walkways were suspended from a set of 1.25-inch-diameter (32 mm) steel hanger rods, with the second-floor walkway hanging directly under the fourth-floor walkway.
What was the name of the hotel that collapsed?
The Hyatt Regency collapse remains the deadliest non-deliberate structural failure in American history, and it was the deadliest structural collapse in the U.S. until the collapse of the World Trade Center towers 20 years later.
Is Hyatt owned by Trump?
With the deteriorating partnership between Trump and Hyatt, the Pritzker family, which operated the Grand Hyatt, acquired Trump's stake in the hotel in 1996. The Project Commodore skyscraper was announced for the site in 2019, and the Grand Hyatt temporarily closed in 2020 during the COVID-19 pandemic in New York City.
Who owns Hyatt now?
Hyatt is 85% owned by the Pritzker family. The other 15% was sold in 2007 to affiliates of Goldman Sachs and Madrone Capital for $1 billion. Currently, the largest institutional investors in Hyatt are BAMCO, Inc (10.6% of total shares) and The Vanguard Group Inc.