Hyatt Hotels: Still Years Of Asset-Light Earnings Growth Ahead

Core Viewpoint - The article expresses a bullish outlook on Hyatt Hotels, emphasizing its long-term growth potential due to an industry-leading pipeline and a shift towards a fee-based, asset-light business model [1]. Company Analysis - Hyatt Hotels has been rated a "Buy" for nearly three years, indicating confidence in its growth trajectory [1]. - The company is noted for its strong pipeline, which is expected to drive future growth [1]. - The transition to a more asset-light business model is highlighted as a key factor in enhancing profitability [1]. Investment Strategy - The investment approach suggested is long-term and buy-and-hold, focusing on stocks that can deliver sustainable high-quality earnings [1].