Hyatt(H)

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Hyatt (H) Q2 Earnings Beat, Revenues Lag Estimates, Stock Up
ZACKS· 2024-08-06 15:55
Hyatt Hotels Corporation (H) delivered second-quarter 2024 results, wherein earnings beat the Zacks Consensus Estimate but revenues missed the same. The company’s top line declined year over year.The timing of Easter, renovations at major resort properties and the lingering impact of the 2023 Maui wildfires affected the company's performance. Following the results, shares of this global hospitality company are up 2.7% in the pre-market trading session on Aug 6.Q2 Earnings & RevenuesHyatt reported adjusted e ...
Hyatt(H) - 2024 Q2 - Earnings Call Presentation
2024-08-06 15:24
Hyatt Investor Deck SECOND QUARTER 2024 T H E L E G E N D P A R A C A S R E S O R T N E W L Y O P E N E D Q 2 2 0 2 4 H Y A T T A N D R E L A T E D M A R K S A R E T R A D E M A R K S O F H Y A T T C O R P O R A T I O N O R I T S A F F I L I A T E S . © 2 0 2 4 H Y A T T C O R P O R A T I O N . A L L R I G H T S R E S E R V E D . Disclaimers Forward-Looking Statements Forward-Looking Statements in this presentation, which are not historical facts, are forward-looking statements within the meaning of the Pri ...
Hyatt Hotels (H) Q2 Earnings Surpass Estimates
ZACKS· 2024-08-06 13:06
Hyatt Hotels (H) came out with quarterly earnings of $1.53 per share, beating the Zacks Consensus Estimate of $0.95 per share. This compares to earnings of $0.82 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 61.05%. A quarter ago, it was expected that this hotel operator would post earnings of $0.73 per share when it actually produced earnings of $0.71, delivering a surprise of -2.74%.Over the last four quarters, the company ...
Hyatt(H) - 2024 Q2 - Quarterly Results
2024-08-06 11:00
Exhibit 99.1 HYATT REPORTS SECOND QUARTER 2024 RESULTS CHICAGO (August 6, 2024) - Hyatt Hotels Corporation ("Hyatt" or the "Company") (NYSE: H) today reported second quarter 2024 results. Highlights include: Mark S. Hoplamazian, President and Chief Executive Officer of Hyatt, said, "We posted solid second quarter results demonstrating our differentiated positioning and continued momentum. System-wide RevPAR grew by 4.7% and net rooms growth was 4.6%, generating record gross fee revenue of $275 million in th ...
Exploring Analyst Estimates for Hyatt Hotels (H) Q2 Earnings, Beyond Revenue and EPS
ZACKS· 2024-08-02 14:21
In its upcoming report, Hyatt Hotels (H) is predicted by Wall Street analysts to post quarterly earnings of $1.29 per share, reflecting an increase of 57.3% compared to the same period last year. Revenues are forecasted to be $1.76 billion, representing a year-over-year increase of 3%.The current level reflects an upward revision of 4.5% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial proje ...
Hyatt (H) Gears Up to Report Q2 Earnings: Factors to Consider
ZACKS· 2024-08-01 16:41
Hyatt Hotels Corporation (H) is scheduled to report second-quarter 2024 results on Aug 6 before the opening bell.In the last quarter, the company’s adjusted earnings and revenues missed the Zacks Consensus Estimate by 2.7% and 0.4%, respectively.H’s earnings topped the consensus mark in two of the trailing four quarters and missed on the remaining two occasions, the average surprise being 20.3%.The Trend in Estimate RevisionThe Zacks Consensus Estimate for second-quarter adjusted earnings per share (EPS) ha ...
The 3 Best Hotel Stocks to Buy Now: July 2024
Investor Place· 2024-07-25 10:14
Finding the best hotel stocks to buy can be a strategic move with the travel and tourism sector experiencing a significant rebound in 2024. Strong U.S. consumer spending trends in the first half of the year continue to fill the pent-up demand for both business and leisure travel. UN Tourism, an entity of the United Nations, forecasts international travel to reach pre-pandemic levels this year. A persistent recovery in Asia and the Middle East contributed to tourism reaching 97% of pre-pandemic levels in the ...
Hydro One To Release Second Quarter 2024 Results On August 14, 2024 Before Markets Open
Prnewswire· 2024-07-12 21:00
Investment Community Teleconference Set for August 14, 2024 at 8 a.m. ETTORONTO, July 12, 2024 /PRNewswire/ - Hydro One Limited (TSX: H), the largest electric transmission and distribution utility in Ontario, plans to release its second quarter financial results the morning of August 14, 2024, before North American financial markets open. A summary of the results will be distributed by newswire and the complete MD&A and financial statements will be posted at www.hydroone.com/investors and www.sedarplus.com. ...
Hyatt (H) Expands European Reach With Me and All Hotels Buyout
ZACKS· 2024-07-02 09:16
Hyatt Hotels Corporation (H) aims to expand into new European markets with the acquisition of the me and all hotels brand from Lindner Hotels AG by a Hyatt affiliate.This follows a 2022 collaboration that increased H's brand presence in Germany and Europe, integrating most Lindner Hotels & Resorts and me and all hotels into the World of Hyatt loyalty program. After the transaction, me and all hotels will become a standalone brand within H's global lifestyle portfolio, which quintupled in rooms between 2017 ...
Hyatt Hotels (H) Boosts Presence With Two New Orleans Hotels
ZACKS· 2024-06-26 17:55
Hyatt Hotels Corporation (H) expands its brand presence in New Orleans with the addition of Maison Métier and The Barnett to its portfolio as affiliated hotels. Owned by The Domain Companies and managed by HRI Hospitality, these properties will join Hyatt’s Independent Collection and are expected to participate in the World of Hyatt loyalty program this year.The company's Independent Collection brands feature unique properties, each offering distinctive brands and experiences. These range from storied hotel ...