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Hyatt (H) Up 52% in the Past 6 Months: Here's What's Driving It
HHyatt(H) 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 ...