Hyatt(H)

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Here's Why Hyatt Hotels (H) is a Strong Momentum Stock
Zacks Investment Research· 2024-03-05 15:55
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.It also includes access to the Zacks Style Scores.What are the Zacks Style Scores?The Zacks Style ...
Why Hyatt Hotels (H) is a Top Growth Stock for the Long-Term
Zacks Investment Research· 2024-03-04 15:51
Core Insights - Zacks Premium offers various tools for investors to enhance their stock market strategies and confidence [1] - The Zacks Style Scores provide a unique rating system for stocks based on value, growth, and momentum [2][5] Zacks Style Scores - The Style Scores categorize stocks into four types: Value Score, Growth Score, Momentum Score, and VGM Score [2][3][4] - Value Score identifies attractive stocks using ratios like P/E and Price/Sales [2] - Growth Score focuses on a company's future prospects through earnings and sales analysis [2] - Momentum Score helps investors capitalize on price trends using recent price changes and earnings estimates [3] - VGM Score combines all three styles to provide a comprehensive rating for stocks [4] Zacks Rank - The Zacks Rank is a proprietary model that uses earnings estimate revisions to identify winning stocks [5] - Stocks rated 1 (Strong Buy) have historically produced an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [5] - Investors are encouraged to select stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B for optimal success [6] Company Spotlight: Hyatt Hotels (H) - Hyatt Hotels Corporation operates a global portfolio of approximately 1,300 properties in 76 countries as of September 30, 2023 [7] - The company holds a Zacks Rank of 3 (Hold) and a VGM Score of B, indicating potential for growth [7][8] - Hyatt is forecasted to achieve year-over-year earnings growth of 33.6% for the current fiscal year, with upward revisions in earnings estimates from analysts [7] - The Zacks Consensus Estimate for Hyatt's earnings has increased by $0.37 to $3.42 per share, with an average earnings surprise of 17.8% [7]
Hyatt Hotels Surges on the Leisure and Business Travel Boom
MarketBeat· 2024-03-04 11:21
Key PointsHyatt Hotels operates over 1,300 hotels and resorts in over 77 countries.Hyatt Hotels grew its pipeline to 127,000 new rooms, or 40% of its existing rooms, in 2023.Hyatt Hotels plans to sell $2 billion of property in 2024.5 stocks we like better than Hyatt HotelsGlobal hospitality company Hyatt Hotels Co. NYSE: H shares are surging to all-time highs riding the travel boom, with shares trading up 21% year-to-date (YTD). Hyatt operates over 1,300 hotels and properties in 77 countries. Their hotels a ...
Hyatt Announces That the Rio Hotel & Casino, Las Vegas has Joined World of Hyatt Amid Multi-Million-Dollar Renovation
Businesswire· 2024-03-01 14:25
CHICAGO--(BUSINESS WIRE)--Hyatt Hotels Corporation (NYSE:H), together with Rio Hotel & Casino, announced today that World of Hyatt members can now earn and redeem points for qualifying stays at the Hyatt-affiliated hotel, which is in the midst of a multi-phased, $340 million transformation. Phase one of the hotel’s two-phase renovation is expected to be completed in fall 2024, when the reimagined all-suite hotel will move into Hyatt’s Independent Collection under the Destination by Hyatt brand. “We’re pr ...
Hyatt(H) - 2023 Q4 - Annual Report
2024-02-23 19:04
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 Form 10-K (Mark One) ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 001-34521 HYATT HOTELS CORPORATION (Exact Name of Registrant as Specified in Its Charter) Delaware 20-1480589 (State or Other J ...
Hyatt (H) Q4 Earnings & Revenues Beat, System-Wide RevPAR Up Y/Y
Zacks Investment Research· 2024-02-23 18:31
Hyatt Hotels Corporation (H) delivered fourth-quarter 2023 results, wherein earnings topped the Zacks Consensus Estimate but declined on a year-over-year basis.The company's revenues surpassed the consensus mark and increased year over year.Hyatt’s quarterly results reflected year-over-year growth in comparable system-wide revenue per available room (RevPAR), driven by an increase in occupancy and average daily rate (ADR). This uptrend is mainly driven by strong global travel demand, especially among leisur ...
Compared to Estimates, Hyatt Hotels (H) Q4 Earnings: A Look at Key Metrics
Zacks Investment Research· 2024-02-23 16:01
For the quarter ended December 2023, Hyatt Hotels (H) reported revenue of $1.66 billion, up 4.5% over the same period last year. EPS came in at $0.64, compared to $2.55 in the year-ago quarter.The reported revenue represents a surprise of +6.08% over the Zacks Consensus Estimate of $1.56 billion. With the consensus EPS estimate being $0.38, the EPS surprise was +68.42%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expe ...
Hyatt Hotels (H) Q4 Earnings and Revenues Surpass Estimates
Zacks Investment Research· 2024-02-23 14:11
Company Performance - Hyatt Hotels reported quarterly earnings of $0.64 per share, exceeding the Zacks Consensus Estimate of $0.38 per share, but down from $2.55 per share a year ago, indicating an earnings surprise of 68.42% [1] - The company generated revenues of $1.66 billion for the quarter ended December 2023, surpassing the Zacks Consensus Estimate by 6.08% and up from $1.59 billion year-over-year [1] - Over the last four quarters, Hyatt has surpassed consensus EPS estimates two times and revenue estimates three times [1] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $0.76 on revenues of $1.74 billion, and for the current fiscal year, it is $2.99 on revenues of $6.9 billion [4] - The estimate revisions trend for Hyatt Hotels is mixed, resulting in a Zacks Rank 3 (Hold), suggesting the stock is expected to perform in line with the market in the near future [4] Industry Context - The Hotels and Motels industry is currently in the top 29% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [5] - Civeo, another company in the same industry, is expected to report quarterly earnings of $0.07 per share, reflecting a year-over-year increase of 107.1%, with revenues anticipated to be $151.12 million, down 6.8% from the previous year [5][6]
Hyatt Announces Updated Timing of Fourth Quarter and Full Year 2023 Earnings Release and Investor Conference Call
Businesswire· 2024-02-22 01:22
Group 1 - Hyatt Hotels Corporation will release its fourth quarter and full year 2023 financial results on February 23, 2024, before the stock market opens [1] - A conference call will follow at 9:00 a.m. CT, with participants encouraged to listen via a webcast on the company's website [1] - An archive of the webcast will be available for 90 days after the call [1] Group 2 - As of December 31, 2023, Hyatt's portfolio includes over 1,300 hotels and all-inclusive properties across 77 countries and six continents [2] - The company offers a variety of brands categorized into Timeless Collection, Boundless Collection, Independent Collection, and Inclusive Collection [2] - Hyatt operates the World of Hyatt loyalty program and several subsidiaries providing vacation and destination management services [2]
Hyatt Announces New Americas Organizational Structure and Senior Leadership Appointments
Businesswire· 2024-02-20 14:28
Core Insights - Hyatt announced new senior leadership appointments and a subregional structure in the Americas to enhance growth and operational excellence [1][3] - The Americas region is now divided into two subregions: U.S. & Canada and Latin America & the Caribbean, each led by newly appointed presidents [1][2] Leadership Appointments - Susan Santiago has been appointed as President, U.S. & Canada, responsible for growth and performance optimization of Hyatt's owned and managed portfolio [2] - Gabriel Felip has been appointed as President, Latin America & Caribbean, overseeing operational performance for all managed and owned Hyatt hotels in the region [2] Organizational Structure - The new structure includes three newly created roles in operations, commercial services, and finance [3] - Yvette Martinez-Edwards is promoted to Senior Vice President, Field Operations, Luxury & Miraval, reporting to Santiago [3] - Shyla Gardner re-joins Hyatt as Vice President, Commercial Services, Latin America & the Caribbean, reporting to Asad Ahmed [3] - Juan Pablo Puerta serves as Senior Vice President, Finance, Latin America & the Caribbean, reporting to Liz Bauer [3][5] Focus on Operational Excellence - Martinez-Edwards will oversee Hyatt's managed luxury and Miraval hotel portfolio, focusing on operational excellence [4] - Gardner will lead a cross-functional team to develop specialized commercial strategies for the LAC market [4] - Puerta is responsible for leading the finance function and driving property performance optimization in Latin America & the Caribbean [5] Company Overview - As of December 31, 2023, Hyatt's portfolio includes over 1,300 hotels and all-inclusive properties in 77 countries [6] - The company operates various brands across different collections, including the Timeless Collection, Boundless Collection, Independent Collection, and Inclusive Collection [7]