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Hyatt Hotels (H) Q4 Earnings and Revenues Surpass Estimates
Zacks Investment Research· 2024-02-23 14:11
Hyatt Hotels (H) came out with quarterly earnings of $0.64 per share, beating the Zacks Consensus Estimate of $0.38 per share. This compares to earnings of $2.55 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 68.42%. A quarter ago, it was expected that this hotel operator would post earnings of $0.60 per share when it actually produced earnings of $0.70, delivering a surprise of 16.67%.Over the last four quarters, the company ...
Hyatt Announces Updated Timing of Fourth Quarter and Full Year 2023 Earnings Release and Investor Conference Call
Businesswire· 2024-02-22 01:22
CHICAGO--(BUSINESS WIRE)--Hyatt Hotels Corporation (“Hyatt” or the “Company”) (NYSE: H) announced today that it will release fourth quarter and full year 2023 financial results on Friday, February 23, 2024, before the stock market opens, followed by a conference call at 9:00 a.m. CT. Participants are encouraged to listen to a simultaneous webcast of the conference call, accessible through the Company’s website at investors.hyatt.com. An archive of the webcast will be available on the Company’s website for ...
Hyatt Announces New Americas Organizational Structure and Senior Leadership Appointments
Businesswire· 2024-02-20 14:28
CHICAGO--(BUSINESS WIRE)--As a result of strong growth in the Americas region, Hyatt today announced new senior leadership appointments in the Americas region and subregional structure designed to further support Hyatt’s continued focus on growth, operational excellence and performance optimization within its largest region. With this new organizational structure, Hyatt’s Americas region is now comprised of two subregions: U.S. & Canada and Latin America & the Caribbean (LAC), led by two newly appointed sub ...
Destination by Hyatt Brand Set to Debut in the Caribbean With Cas en Bas Beach Resort
Businesswire· 2024-02-19 16:41
CHICAGO--(BUSINESS WIRE)--Hyatt Hotels Corporation (NYSE:H) and Wellington Estates today announced the planned debut of Cas en Bas Beach Resort, marking the introduction of the Destination by Hyatt brand in the Caribbean. Expected to open in late 2024, Cas en Bas Beach Resort will invite global escapists to discover St. Lucia through a cosmopolitan Caribbean perspective including one-of-a-kind programming, hyper-personalized amenities, and dynamic culinary offerings. Nestled on the northern tip of St. Lu ...
Hyatt Hotels' (H) Delays Q4 Earnings, Announces Q4 Highlights
Zacks Investment Research· 2024-02-15 15:36
Hyatt Hotels Corporation (H) has delayed the issuance of its fourth-quarter 2023 results, which was scheduled for Feb 15, 2024. The company has stated that they need more time to complete the accounting procedures related to the Unlimited Vacation Club deferred cost activity within its Apple Leisure Group segment.Q4 & 2023 HighlightsThe company announced its fourth-quarter and full-year 2023 highlights. System-wide comparable RevPAR demonstrated a 9.1% increase in the fourth quarter compared with the year-a ...
Hyatt to Delay Issuance of Fourth Quarter and Full Year 2023 Earnings Release and Investor Conference Call
Businesswire· 2024-02-15 01:29
CHICAGO--(BUSINESS WIRE)--Hyatt Hotels Corporation ("Hyatt" or the "Company") (NYSE: H) today announced that it will delay the issuance of its fourth quarter and full year 2023 earnings release and investor conference call previously scheduled for February 15, 2024, as additional time is required to finalize accounting related to Unlimited Vacation Club deferred cost activity in its Apple Leisure Group segment, which has no cash impact. The Company will issue a separate press release when a rescheduled date ...
Hyatt (H) Gears Up to Report Q4 Earnings: What's in Store?
Zacks Investment Research· 2024-02-13 13:31
Hyatt Hotels Corporation (H) is scheduled to report fourth-quarter 2023 results on Feb 15, before the opening bell. In the last reported quarter, the company reported an earnings surprise of 16.7%.The Trend in Estimate RevisionThe Zacks Consensus Estimate for fourth-quarter earnings per share is pegged at 38 cents, indicating a decline of 85.1% from $2.55 reported in the year-ago quarter.For revenues, the consensus mark is pegged at approximately $1.56 billion. The metric suggests a decrease of 1.5% from th ...
Hyatt to Present at Upcoming Investor Conferences
Businesswire· 2024-02-01 22:30
CHICAGO--(BUSINESS WIRE)--Hyatt Hotels Corporation (NYSE: H) announced today participation by Joan Bottarini, Chief Financial Officer, at the following conferences: Presenting at the Raymond James & Associates’ 45th Annual Institutional Investors Conference at 11:35 a.m. ET on Tuesday March 5, 2024 in Orlando, FL. Presenting at the J.P. Morgan Gaming, Lodging, Restaurant, and Leisure Management Access Forum at 10:15 a.m. PT on Thursday, March 14, 2024 in Las Vegas, NV. All interested persons may liste ...
HGV vs. H: Which Stock Is the Better Value Option?
Zacks Investment Research· 2024-02-01 17:46
Investors with an interest in Hotels and Motels stocks have likely encountered both Hilton Grand Vacations (HGV) and Hyatt Hotels (H) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank favors stocks with strong earnings estimate revisio ...
Hyatt (H) Unveils Strong Growth Plans for 2024 and Beyond
Zacks Investment Research· 2024-01-22 19:50
Hyatt Hotels Corporation (H) unveiled its growth strategy for 2024 and beyond, citing a remarkable year in 2023 with record deal signings. The company's commitment to becoming the preferred brand for guests, customers and owners resulted in a substantial pipeline of 127,000 rooms worldwide as of the end of 2023.This record-breaking pipeline, representing nearly 40% of its existing portfolio, is expected to drive future earnings in an asset-light manner.The company strategically expanded its portfolio, prior ...