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Hyatt Boosts Brand Presence With New Hyatt Centric Hotel in CA
ZACKS· 2024-09-19 16:41
Hyatt Hotels Corporation (H) expands its business in California yet again with the opening of Hyatt Centric Delfina Santa Monica, making it the 101st Hyatt hotel in the state. This is also the Hyatt Centric lifestyle brand’s sixth hotel in the Golden State.The H stock inched down 0.1% during the trading hours but gained 1.2% in the after-hours on Wednesday, following the announcement.Perks of Hyatt’s New PropertyThe Hyatt Centric Delfina Santa Monica will offer travelers the best of coastal Los Angeles. Sit ...
SoCalBio's 26th Annual Two-Day Investor Partnership Conference hosted at the Hyatt Regency Newport Beach for the Medical Device and Biotechnology Industry
GlobeNewswire News Room· 2024-09-18 17:14
LOS ANGELES, Sept. 18, 2024 (GLOBE NEWSWIRE) -- SoCalBio (the Southern California Biomedical Council) today announced the full lineup of speakers and presenting companies for its 26th Annual SoCalBio Investor & Partnership Conference, which will be held September 25-26 at the Hyatt Regency Newport Beach. Since 1995, SoCalBio has served as the voice and advocate for the bioscience, medical devices, and digital health industries across the Greater Los Angeles region. Now in its 26th year, the Annual Investor ...
Zacks Industry Outlook Marriott International, Hilton Worldwide and Hyatt Hotels
ZACKS· 2024-09-18 10:01
For Immediate ReleaseChicago, IL – September 18, 2024 – Today, Zacks Equity Research discusses Marriott International, Inc. (MAR) , Hilton Worldwide Holdings Inc. (HLT) and Hyatt Hotels Corp. (H) .Industry: Hotels and MotelsLink: https://www.zacks.com/commentary/2336990/3-hotels-motels-stocks-to-watch-despite-industry-concernsThe Zacks Hotels and Motels industry in 2024 faces challenges from rising costs, geopolitical tensions and ongoing economic uncertainty. However, industry participants are concentratin ...
3 Hotels & Motels Stocks to Watch Despite Industry Concerns
ZACKS· 2024-09-17 15:41
The Zacks Hotels and Motels industry in 2024 faces challenges from rising costs, geopolitical tensions and ongoing economic uncertainty. However, industry participants are concentrating on growth strategies, including expanding their portfolios, converting properties, forging strategic partnerships and enhancing loyalty programs. The industry has shown resilience through cost-cutting measures and digital innovations. Hotel operators remain focused on balancing profitability while ensuring guest satisfaction ...
Why Is Hyatt Hotels (H) Up 13.2% Since Last Earnings Report?
ZACKS· 2024-09-05 16:36
A month has gone by since the last earnings report for Hyatt Hotels (H) . Shares have added about 13.2% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Hyatt Hotels due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Hyatt Q2 Earnings Beat, Revenues Lag EstimatesHyatt ...
Hyatt Stock Rises 13% in a Month: Time to Buy or Hold Back?
ZACKS· 2024-09-03 16:20
Hyatt Hotels Corporation‘s (H) shares rose 13.5% in the past month. The stock surpassed the Zacks Hotels and Motels industry's 9.4% rise and outperformed the broader Zacks Consumer Discretionary sector's 9.3% rise in the same period. Hyatt's impressive stock performance reflects the company's strong position in the industry, driven by robust demand and strategic initiatives aimed at expanding its global footprint.H also outpaced competitors like Choice Hotels International (CHH) , up 2.1%, and Marriott Inte ...
Hyatt (H) on Expansion Spree, To Acquire Standard International
ZACKS· 2024-08-21 16:45
Hyatt Hotels Corporation (H) is set to acquire the brands and most affiliates of Standard International, the parent company of The Standard and Bunkhouse Hotels brands.The base purchase price to be paid by Hyatt upon closure will be $150 million, with an extra $185 million over time as additional properties enter the portfolio. The deal is expected to close in late 2024 upon the satisfaction of customary closing conditions.Perks of the BuyoutUpon acquiring Standard International, Hyatt will welcome manageme ...
Hydro One Limited Declares Quarterly Common Share Dividend
Prnewswire· 2024-08-14 10:58
TORONTO, Aug. 14, 2024 /PRNewswire/ - Hydro One Limited (TSX: H), announced that its Board of Directors has declared a quarterly cash dividend to common shareholders of $0.3142 per share to be paid on September 27, 2024 to shareholders of record on September 11, 2024.Unless indicated otherwise, all common share dividends paid by Hydro One Limited to shareholders are designated as "eligible" dividends for the purpose of the Income Tax Act (Canada) and any similar provincial legislation. Such quarterly divide ...
Hyatt Hotels Analysts Cut Their Forecasts Following Q2 Results
Benzinga· 2024-08-07 13:17
Hyatt Hotels Corporation H reported mixed results for its second quarter on Tuesday.The company posted second-quarter 2024 sales of $1.703 billion, missing the consensus estimate of $1.705 billion. Net room growth was approximately 4.6% year-over-year.Comparable system-wide hotels' RevPAR increased by 4.7%, and comparable system-wide all-inclusive resorts' Net Package RevPAR increased by 3% YoY.Adjusted EPS of $1.53 beats the analyst consensus of $1.17."System-wide RevPAR grew by 4.7% and net rooms growth w ...
Hyatt(H) - 2024 Q2 - Earnings Call Transcript
2024-08-06 19:28
Hyatt Hotels Corporation (NYSE:H) Q2 2024 Earnings Conference Call August 6, 2024 10:00 AM ET Company Participants Adam Rohman - Senior Vice President, Investor Relations & FP&A Mark Hoplamazian - President & Chief Executive Officer Joan Bottarini - Chief Financial Officer Conference Call Participants Shaun Kelley - Bank of America Joseph Greff - JPMorgan Dan Politzer - Wells Fargo Michael Bellisario - Baird Stephen Grambling - Morgan Stanley Richard Clarke - Bernstein Patrick Scholes - Truist Chad Beynon - ...