Hyatt (H) Q4 Earnings & Revenues Beat, System-Wide RevPAR Up Y/Y

Hyatt Hotels Corporation (H) delivered fourth-quarter 2023 results, wherein earnings topped the Zacks Consensus Estimate but declined on a year-over-year basis.The company's revenues surpassed the consensus mark and increased year over year.Hyatt’s quarterly results reflected 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 strong global travel demand, especially among leisur ...