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Will Hyatt Hotels (H) Beat Estimates Again in Its Next Earnings Report?
Zacks Investment Research· 2024-04-18 17:16
Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Hyatt Hotels (H) , which belongs to the Zacks Hotels and Motels industry, could be a great candidate to consider.This hotel operator has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 42.54%.For the last reported quarter, Hyatt Hotels came out wit ...
Hyatt (H) on Expansion Spree, Boosts Presence in South America
Zacks Investment Research· 2024-04-18 16:41
Hyatt Hotels Corporation (H) , in collaboration with El Pardo Hospitality, recently announced the addition of the Legend Paracas Resort in Paracas to the Destination by Hyatt brand. This marks the brand's first property in South America and the 15th Hyatt hotel in the region.Nestled on the coast of Peru, the hotel comprises 124 rooms, a fitness center, a pool and dining spaces. The property is designed to facilitate immersive experiences, featuring authentic designs and hospitality. It offers convenient acc ...
3 Hotels & Motels Stocks to Look at Despite Industry Woes
Zacks Investment Research· 2024-04-03 13:11
The Zacks Hotels and Motels industry performance in 2024 is likely to be impacted by high costs, heightened geopolitical risks and persistent macroeconomic uncertainty. However, industry participants’ focus on expansion efforts, hotel conversions, strategic partnerships and loyalty programs bode well. The industry exhibited resilience behind cost-saving initiatives and digital enhancements. Hotel owners continue to focus on maintaining a balance between maximizing hotel profitability and driving guest satis ...
Up 50% Over The Last 12 Months, Is Hyatt Stock Still Attractive?
Forbes· 2024-04-01 11:30
NEW YORK, NY - MAY 21: One of the entrance of the International Hotel Grand Hyatt is seen shuttered ... [+] during the outbreak of the COVID-19 pandemic on May 21, 2020 in New York City. (Photo by Eduardo MunozAlvarez/VIEWpress via Getty Images)Corbis via Getty ImagesHyatt stock has rallied by almost 22% since early 2024, outperforming the broader S&P 500 which remains up by about 10% over the same period. There are a couple of trends driving the recent price appreciation. Travel and leisure demand has rema ...
Hyatt (H) Up 52% in the Past 6 Months: Here's What's Driving It
Zacks Investment Research· 2024-03-20 14:01
Hyatt Hotels Corporation (H) is benefiting from robust leisure and business transient demand, expansion initiatives and loyalty program. Also, strengthening group demand in the United States is encouraging.Shares of this Zacks Rank #2 (Buy) company grew 52.4% in the past six months, outperforming the Zacks Hotels and Motels industry’s 29.7% growth. The uptrend is most likely attributable to the strong global travel demand, especially improvements in Greater China, resulting in the increase in occupancy and ...
Hyatt to Debut the Andaz Brand in Florida with Vibrant Miami Beach Haven
Businesswire· 2024-03-11 19:00
MIAMI BEACH, Fla.--(BUSINESS WIRE)--Hyatt Hotels Corporation (NYSE: H) announced an update on the anticipated renovation of The Confidante Miami Beach and its complete transformation into the new Andaz Miami Beach, which is slated to open in the fourth quarter of 2024. The new hotel, which is owned by Sunstone Hotel Investors, Inc., will go beyond the familiar to discover and define guests’ personal essence while immersing themselves in the spirit of the eclectic culture around them through a barrier-free r ...
Check In, Work Out: Hyatt Regency Debuts New Collaboration with Personal Training Platform, Future, to Enhance Guest Wellbeing
Businesswire· 2024-03-07 15:00
Guests and members at participating Hyatt Regency hotels in the U.S., including Hyatt Regency Irvine, will have access to 130 complimentary guided workouts, custom-designed for all fitness levels (Photo: Business Wire)Guests and members at participating Hyatt Regency hotels in the U.S., including Hyatt Regency Irvine, will have access to 130 complimentary guided workouts, custom-designed for all fitness levels (Photo: Business Wire)Guests and members at participating Hyatt Regency hotels in the U.S., includ ...
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
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 research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.Zacks Premium also includes the Zacks Style Scores.What are the Zacks Style Scores?The Zack ...
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 ...