Hyatt Hotels Corporation (H)
|Net Income (ttm)||586.00M|
|Day's Range||109.70 - 112.01|
|52-Week Range||70.12 - 125.07|
|Price Target||122.30 (+10.96%)|
|Earnings Date||May 4, 2023|
Hyatt Hotels Corporation operates as a hospitality company in the United States and internationally. It operates through Owned and Leased Hotels, Americas Management and Franchising, ASPAC Management and Franchising, EAME/SW Asia Management and Franchising, and Apple Leisure Group segments. The company manages, franchises, licenses, owns, and leases portfolio of properties, consisting of full-service hotels, select service hotels, resorts, and other properties, including timeshare, fractional, residential, vacation, and condominium units. It op... [Read more]
Financial PerformanceFinancial Statements
According to 12 analysts, the average rating for H stock is "Buy." The 12-month stock price forecast is $122.3, which is an increase of 10.96% from the latest price.
Construction contract in Estonia (Hyatt hotel building in Tallinn)
On 25 May 2023, AS Merko Ehitus Eesti, part of AS Merko Ehitus group, and Estma HPT OÜ entered into a contract for the construction of the first stage of hotel and office building located at Sadama 4,...
Hyatt Regency Brand Sustains Thoughtful Growth in Key Markets with Debut of Hyatt Regency Baytown-Houston and Hyatt Regency Conroe in Texas
CHICAGO--(BUSINESS WIRE)--The Hyatt Regency brand footprint increases to 13 hotels in the Lone Star state with two new Houston-area openings in May 2023.
Thompson Hotels Brand to Launch in Palm Springs, California
CHICAGO--(BUSINESS WIRE)--Hyatt Hotels Corporation (NYSE: H) announced today plans for the 168-room Thompson Palm Springs, which will join the award-winning luxury lifestyle Thompson Hotels portfolio ...
WeHo Housekeepers File Class Action Suit Against Hyatt Alleging Violations of Hotel Worker Protection Ordinance, Championed by UNITE HERE Local 11
WEST HOLLYWOOD, Calif.--(BUSINESS WIRE)--Last week, a room attendant at the Andaz West Hollywood, a Hyatt property, filed a class-action lawsuit against the hotel alleging violations of the West Holly...
Grand Hyatt Celebrates Its Spanish Debut With Opening of Grand Hyatt La Manga Club Golf & Spa
CHICAGO--(BUSINESS WIRE)--Grand Hyatt celebrates its Spanish debut with opening of Grand Hyatt La Manga Club Golf & Spa.
Hyatt Hotels forecasts 'sustained' travel demand throughout 2023, CEO says
Hyatt Hotels CEO Mark Hoplamazian joins Yahoo Finance Live anchors Akiko Fujita and Seana Smith to discuss the company's investor day, leisure demand, business travel, and AI's applications in travel.
Hyatt Investor Day to Highlight Asset-Light Transformation and Expectations for Significant Expansion in Free Cash Flow
CHICAGO--(BUSINESS WIRE)--At its Investor Day today, Hyatt Hotels Corporation (“Hyatt” or the “Company”) (NYSE: H) intends to highlight the strategic actions the Company has taken to position it to be...
Hyatt to Live Stream Investor Day
CHICAGO--(BUSINESS WIRE)--Hyatt Hotels Corporation (“Hyatt” or the “Company”) (NYSE: H) announced today additional details for its Investor Day on Thursday, May 11, 2023. The event, which is themed "T...
Hyatt Hotels CEO Mark Hoplamazian: Our resorts rates grow as total demand for leisure increases
Hyatt Hotels CEO Mark Hoplamazian joins 'Squawk on the Street' to discuss a rebound in travel based to and from China, Hyatt's focus on high-end travelers, and forecasts for continued growth in 2023.
Hyatt Reports First Quarter 2023 Results
CHICAGO--(BUSINESS WIRE)--Hyatt Hotels Corporation ("Hyatt" or the "Company") (NYSE: H) today reported first quarter 2023 financial results. Highlights include: Net income was $58 million in the first...
Earnings Preview: What To Expect From Hyatt on Thursday
Hyatt is scheduled to report earnings before Thursday's open. Here's a closer look.
Hotel-housekeeping jobs have fallen by 102,000 during the pandemic. What happened?
As some U.S. hotels hung onto practices they adopted during the coronavirus pandemic — such as eliminating daily cleanings of hotel rooms — the number of hotel housekeepers fell by more than 102,000 l...
Hyatt to Further Strengthen Position in Luxury with Plans to Acquire Mr & Mrs Smith
CHICAGO--(BUSINESS WIRE)--Planned acquisition of global travel club platform presents opportunity for World of Hyatt loyalty program to expand and welcome even more members.
Owners, Operators and Developers Celebrated for Design, Development and Operational Excellence at Hyatt's 2023 Americas Owners Conference
CHICAGO--(BUSINESS WIRE)--Hyatt Hotels Corporation (NYSE: H) recognized outstanding owners, operators and developers at its 2023 Americas Owners Conference, held at Secrets Moxché Playa del Carmen. Du...
Hyatt Regency Mexico City Insurgentes Announces Official Opening
CHICAGO--(BUSINESS WIRE)--Hyatt Hotels Corporation (NYSE: H) today announced the official opening of Hyatt Regency Mexico City Insurgentes, offering domestic and international travelers a modern hotel...
Introducing The Pell, The First JdV By Hyatt Hotel In Rhode Island
Extensive renovation renews boutique hotel into vibrant, modern bohemian destination minutes from Newport MIDDLETOWN, R.I. , April 19, 2023 /PRNewswire/ -- Hyatt Hotels Corporation (NYSE: H) announced...
Checking In On Hotel Stocks: Room for Growth?
There was a time, known as June 2020, when you could check into a hotel and essentially have the place to yourself. But those days are long gone, and chains InterContinental Hotels Group Plc (NYSE: IG...
Hyatt's Transformative Growth Continues with Announcement of Hyatt Studios, Hyatt's First Upper-Midscale Brand in the Americas
CHICAGO--(BUSINESS WIRE)--The Hyatt Studios brand is an extended-stay brand created with the needs of both hotel developers and World of Hyatt loyalty members in mind.
Hyatt Announces Timing of First Quarter 2023 Earnings Release and Investor Conference Call
CHICAGO--(BUSINESS WIRE)--Hyatt Hotels Corporation (“Hyatt” or the “Company”) (NYSE: H) announced today that it will release first quarter 2023 financial results on Thursday, May 4, 2023, before the s...
Hyatt Centric Ville-Marie Montréal Celebrates Official Opening
CHICAGO--(BUSINESS WIRE)--Hyatt Hotels Corporation (NYSE: H) officially announced today the first Hyatt Centric hotel in Canada, Hyatt Centric Ville-Marie Montréal, in collaboration with global real e...
Hyatt's Transformative Growth Across Europe, the Middle East & Africa Bolsters Position as a Global Leader in Luxury, Lifestyle & Leisure
CHICAGO--(BUSINESS WIRE)--Hyatt Hotels Corporation (NYSE: H) today shared that 45 percent of the properties that joined Hyatt's system in 2022 were based in EAME markets and the region's contribution ...
Hyatt to Host an Investor Day on May 11, 2023
CHICAGO--(BUSINESS WIRE)--Hyatt Hotels Corporation (NYSE: H) will host an Investor Day on Thursday, May 11, 2023, at Secrets Moxché and Secrets Impression Moxché, two luxury all-inclusive properties i...
Unlock A World of Possibilities with World of Hyatt Bonus Journeys Offer that Turns Stays into Rewarding Adventures
CHICAGO--(BUSINESS WIRE)--World of Hyatt invites all members to celebrate travel and explore new destinations with the return of Bonus Journeys, making it easy to earn Bonus Points on upcoming stays. ...
3 Travel Stocks Unfazed By Recession Fears
The travel industry has been one of the most challenging sectors to invest in for the past few years, as COVID-19 was such a gut shot to the industry. Travel volume went to near-zero virtually overnig...
Hyatt profit, boosted by a tax benefit, beats expectations by a wide margin
Hyatt Hotels Corp. H, +0.97% reported Thursday fourth-quarter profit that beat expectations by a wide margin, boosted by a noncash benefit of $250 million from the release of a valuation allowance on ...