Hyatt Hotels Corporation (Hyatt) is a global hospitality company. The Company manages, franchises, owns and develops Hyatt-branded hotels, resorts and residential and vacation ownership properties globally. As of December 31, 2011, the Company's portfolio consisted of 483 properties (132,727 rooms and units). During the year ended December 31, 2011, the Company acquired three Woodfin Suites properties and 20 hotels. In May 2013, Chesapeake Lodging Trust acquired the Hyatt Fisherman's Wharf from the Company. In September 2013, Inland American Lodging Group, Inc., a wholly owned subsidiary of Inland American Real Estate Trust, Inc. and Hyatt Hotels Corporation announced the respective purchase and sale of the 14-story, 501-room Hyatt Regency Santa Clara in Santa Clara, Calif.