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 has 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 sa ...

42nd Street with traffic and view of Hyatt hotel, Pershing Square Plaza and Grand Central station, ... [+] New York City. (Photo by: Lindsey Nicholson/UCG/Universal Images Group via Getty Images)UCG/Universal Images Group via Getty ImagesHyatt stock has gained close to 14% since early 2024, roughly in line with the S&P 500. In comparison, rival Hilton stock is up about 17% over the same period. There are a couple of trends driving the recent price appreciation. Travel and leisure demand has remained robust, ...

Hyatt Hotels Corporation’s (H) performance is benefiting from the consistent focus on an asset-light model initiative and footprint expansion plans in new and existing markets accompanied by strategic partnerships.Shares of this Zacks Rank #3 (Hold) company gained 14.6% in the past six months, outperforming the Zacks Hotels and Motels industry’s 8.8% growth. The uptrend is most likely attributable to the solid leisure and business travel demand, especially strong outbound travel from Greater China, which re ...

Hyatt Hotels Corporation (H) has set a new benchmark in global expansion by increasing its pipeline approximately 85% since 2017, reaching a record 129,000 rooms. This remarkable feat underscored not only the unwavering trust of hotel owners but also the resounding allure of the Hyatt brand.Hyatt's president and CEO, Mark Hoplamazian, highlighted the company's strategic vision, which positioned it as a leader in the hospitality industry. This vision is evident in Hyatt's consistent efforts to enhance luxury ...

Hyatt Hotels Corporation (H) announced the upcoming debut of its reportable brand, Hyatt Centric, in Puerto Rico, in partnership with Interlink and Vivo Beach Club.The former Verdanza Hotel is currently undergoing a $25 million-dollar worth enhancement, which is inspired by Puerto Rico’s enchanted landscape including the amalgamation of the island’s captivating land and sea elements. The refurbished property will join the Hyatt portfolio under the name Hyatt Centric San Juan Isla Verde and is expected to op ...

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Hyatt Hotels Corporation (NYSE:H) Q1 2024 Earnings Conference Call May 9, 2024 10:00 AM ET Company Participants Adam Rohman - SVP, IR and FP&A Mark Hoplamazian - President and CEO Joan Bottarini - CFO Conference Call Participants Daniel Politzer - Wells Fargo Shaun Kelley - Bank of America Stephen Grambling - Morgan Stanley Joe Greff - JPMorgan Richard Clarke - Bernstein Meredith Jensen - HSBC Patrick Scholes - Truist Securities Michael Bellisario - Baird Operator Good morning, and welcome to Hyatt's First ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ 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) (State or Other Jurisdiction ...

Hyatt Hotels Corporation (H) delivered tepid first-quarter 2024 results, wherein earnings and revenues missed the Zacks Consensus Estimate. Then again, the top and bottom lines increased on a year-over-year basis.Hyatt’s results reflect 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 solid demand across all customer segments. Travel demand by leisure guests, especially in Me ...