Welcome to our dedicated page for Hyatt Hotels Corporation news (Ticker: H), a resource for investors and traders seeking the latest updates and insights on Hyatt Hotels Corporation stock.
Hyatt Hotels Corporation (symbol: H), headquartered in Chicago, is a global leader in the hospitality industry with a diverse portfolio of 13 premier brands. As of December 31, 2016, Hyatt's impressive portfolio included 698 properties spanning 56 countries. The company’s commitment to caring for people so they can be their best underpins its business decisions and strategic growth, aiming to create value for shareholders, foster lasting relationships with guests, and attract top-tier talent.
Hyatt's subsidiaries are involved in various aspects of the hospitality sector, including the development, ownership, operation, management, franchising, and licensing of hotels, resorts, branded residences, and vacation ownership properties. The brands under its umbrella include Park Hyatt®, Miraval®, Grand Hyatt®, Hyatt Regency®, Hyatt®, Andaz®, Hyatt Centric®, The Unbound Collection by Hyatt™, Hyatt Place®, Hyatt House®, Hyatt Ziva™, Hyatt Zilara™, and Hyatt Residence Club®. These brands collectively offer a wide range of experiences to meet diverse customer needs.
As an operator of various properties, Hyatt boasts a balanced mix with 4% of its rooms being owned and 96% being managed or franchised. The company’s portfolio also includes notable vacation brands like Apple Leisure Group, Hyatt Ziva, and Hyatt Zilara, the full-service lifestyle brand Hyatt Centric, the soft lifestyle brand Unbound, the wellness-focused Miraval brand, and the midscale extended-stay brand Studios.
Recently, Hyatt expanded its reach by acquiring Two Roads Hospitality in 2018 and Apple Leisure Group in 2021. This expansion bolstered its presence in the upscale and luxury segments. In terms of regional exposure, Hyatt's portfolio distribution is 54% in the Americas, 22% in the rest of the world, and 23% in the Asia-Pacific region.
Hyatt's strategic focus on growth and its dedication to guest satisfaction continue to distinguish it in the competitive hospitality market, ensuring a strong operational framework and a robust future outlook.
Hyatt Hotels Corporation (NYSE: H) has unveiled the Hyatt Regency Mexico City Insurgentes, marking its sixth Hyatt Regency hotel in Mexico and the second in Mexico City. Located on Insurgentes Sur avenue in the Colonia del Valle area, this 201-room hotel features modern accommodations designed for business and leisure travelers. With amenities including three dining options, meeting spaces, and a fitness center, the hotel aims to cater to the growing demand for business travel in the region. It is strategically positioned near the World Trade Center and various business districts, enhancing its appeal for corporate guests.
Hyatt Hotels Corporation (NYSE: H) has officially opened The Pell, the first JdV by Hyatt hotel in Rhode Island, following a $9 million renovation. Located in Middletown, just minutes from Newport, this boutique hotel embodies modern bohemian design reflecting its coastal surroundings. Featuring 127 guest rooms and suites, The Pell offers upscale amenities including premium linens and a signature restaurant, The Helmway, focusing on locally sourced ingredients. Guests can enjoy easy access to nearby beaches and attractions, as well as customizable event space for up to 40 guests. The hotel's design incorporates a calming palette and natural materials, aiming to create an inviting atmosphere for guests.
Hyatt Hotels Corporation (NYSE: H) has announced the launch of Hyatt Studios, marking its entry into the upper-midscale lodging segment in the Americas. This extended-stay brand has garnered significant interest, with development agreements signed for over 100 hotels, expected to begin construction in 2023 and open by 2024. The brand aims to cater to both extended-stay and transient guests, emphasizing flexibility and adaptability to local market needs. Jim Chu, chief growth officer, highlighted the opportunity to accelerate net rooms growth and enhance direct bookings. Hyatt Studios will compete with hotels in the select service category, offering amenities such as kitchen suites and a complimentary grab-and-go breakfast while maintaining the consistent quality of Hyatt standards.
Miraval Resorts & Spas has announced its 2023 brand collaborations focused on mental wellbeing, mindfulness, and inclusivity.
Continuing its partnership with the National Alliance on Mental Illness (NAMI), Miraval aims to support caregivers and promote balanced living among guests and employees. Highlights include retreats for NAMI staff at Miraval Austin and mental wellbeing sessions throughout the year.
The brand has also partnered with Dr. Alfiee Breland-Noble, founder of The AAKOMA Project, to enhance mental health awareness for diverse youth. Programs are set to include retreats and trainings aimed at fostering inclusion and self-care.
These initiatives underscore Miraval's commitment to holistic wellbeing and positive community impacts.
Hyatt Hotels Corporation (NYSE: H) has announced plans to release its first quarter 2023 financial results on May 4, 2023, before the market opens. A conference call will be held at 8:00 a.m. CT to discuss the earnings, accessible via a live webcast on the Company’s website, with a 90-day archive available post-call. The U.S. Toll-Free Number for the call is 888-412-4131. Hyatt operates over 1,250 hotels across 75 countries, focusing on hospitality through various brand collections.
Hyatt Hotels Corporation (NYSE: H) announced significant growth in its EAME pipeline, with 45% of new properties in 2022 from this region. Looking into 2023, the company expects 10% of its 117,000-room pipeline to originate from EAME markets. Notable developments include a strong focus on lifestyle hotels and the expansion of the Inclusive Collection in Europe. The JDV by Hyatt brand will launch in Germany, adding over 5,500 rooms. Hyatt's luxury portfolio has doubled, and it leads in luxury branded resorts globally. The company’s successful growth strategy emphasizes organic growth and strategic partnerships.
Hyatt Hotels Corporation (NYSE: H) is set to host an Investor Day on May 11, 2023, at Secrets Moxché and Secrets Impression Moxché in Playa del Carmen, Mexico. The event will feature presentations and Q&A sessions with Hyatt’s senior management team. Due to limited capacity, in-person attendance is by invitation only, but the event will be recorded and available for public viewing on the Company’s website at investors.hyatt.com from 2:30 PM CT on the event day. As of December 31, 2022, Hyatt's portfolio includes over 1,250 hotels in 75 countries.
FAQ
What is the current stock price of Hyatt Hotels Corporation (H)?
What is the market cap of Hyatt Hotels Corporation (H)?
What is Hyatt Hotels Corporation?
What are some of Hyatt’s well-known brands?
How is Hyatt's portfolio distributed globally?
What significant acquisitions has Hyatt made recently?
How does Hyatt's ownership structure of properties look?
What is Hyatt's primary business focus?
Where is Hyatt Hotels Corporation headquartered?
What are Hyatt's vacation brands?
What is the operational mix of Hyatt properties?
What is the company's purpose?
