Hyatt Hotels Slashes Forecast on Hurricane Melissa Impact

Hospitality stock Hyatt Hotels Corporation (NYSE:H) is down 1.7% to trade at $160.79 at last check, after the company lowered its full-year guidance due to damage stemming from Hurricane Melissa. The Category 5 storm was the strongest on record to hit Jamaica, with seven of Hyatt's properties facing cancellations and closures until late 2026.H maintains a 28.8% nine-month lead, and is on track to close 2025 with a modest 2.6% gain. The stock is now pacing for a third-straight loss, however, and could snap i ...