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 ...

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 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 ...

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 ...

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 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 ...

CHICAGO--(BUSINESS WIRE)--Hyatt Hotels Corporation (NYSE: H) highlighted today its expected growth trajectory for 2024 and beyond, underscored by a record year of deal signings in 2023. Hyatt’s commitment to be the preferred brand for guests, customers and owners has resulted in a record pipeline of 127,000 rooms worldwide as of year-end 2023, which is expected to fuel asset-light earnings into the future. This record pipeline represents nearly 40% of existing rooms in the Hyatt portfolio. "We have been ...

CHICAGO--(BUSINESS WIRE)--Hyatt is unveiling “Be More Here,” a new brand platform that invites guests, members and customers to lean into the transformative powers of travel and be more present. In a fast-paced world of what’s next and how to get there, World of Hyatt’s people, places, spaces and experiences encourage guests to truly be in the moment. Setting Hyatt apart as a leader in care and wellbeing, the brand platform launch coincides with new World of Hyatt loyalty program updates enabling members to ...

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 companies is the best option for those looking for undervalued stocks? Let's take a closer look.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The Zacks Rank is a proven strategy that targets companies with positive earnings estimate revision trends, whi ...

The Hotels and Motels industry exhibited consistent performance, driven by significant growth in group room nights. Amanda Hite, president of STR, highlighted the U.S. hotel industry's robust performance in 2023, with a 5% increase in Revenue per Available Room (RevPAR) compared with the previous year’s levels. Occupancy rates steadily approached 2019 levels. Average Daily Rate (ADR) and RevPAR levels were consistently above the industry benchmark in nominal terms. The metrics demonstrate progress even when ...