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) announced its executives' participation in two upcoming conferences in New York, NY. CEO Mark Hoplamazian will present at the Goldman Sachs Travel and Leisure Conference on June 7, 2022, at 11:20 a.m. ET. CFO Joan Bottarini will present at the Baird 2022 Global Consumer, Technology & Services Conference on June 8, 2022, at 9:05 a.m. ET. Interested parties can listen to the presentations via a webcast on the company's website, with replays available for 90 days.
Hyatt Hotels Corporation (NYSE: H) has entered a management agreement with The Red Sea Development Company to open Miraval The Red Sea, a luxury wellness resort on Shura Island, Saudi Arabia. This 180-room property aims to enhance wellness tourism by introducing mindfulness practices and features the region's largest spa. Scheduled to open with phase one of The Red Sea Project, this resort marks Miraval's first international venture, complementing Hyatt's luxury offerings in a growing market.
Hyatt Hotels Corporation (NYSE: H) has opened the Alila Kothaifaru Maldives, a luxurious all-pool-villa resort located on a 27.6-acre island in Raa Atoll. Accessible via a 45-minute seaplane ride from Malé, this retreat offers 80 villas, including beach and overwater options, all featuring private pools. The resort emphasizes relaxation, nature, and unique culinary experiences with multiple dining options. With the growing travel confidence, Hyatt aims to enhance its Alila portfolio in sought-after destinations, marking a strategic move in the hospitality industry.
Hyatt Hotels Corporation (NYSE: H) reported a net loss of $73 million in Q1 2022, an improvement from $304 million in Q1 2021. Adjusted EBITDA rose to $169 million, significantly up from a loss of $20 million in the prior year. Comparable system-wide RevPAR jumped 107% to $93.98, fueled by robust leisure demand. The company is on track to achieve over 40% of its $2.0 billion asset disposition goal, with significant sales expected. Forward bookings indicate an optimistic outlook for the rest of the year.
Hyatt Hotels Corporation (NYSE: H) has launched the Inclusive Collection, a new portfolio comprising nine luxury all-inclusive resort brands, catering to growing leisure demand. This initiative offers guests seamless all-inclusive experiences across brands like Hyatt Ziva and Zoëtry Wellness & Spa Resorts. World of Hyatt members can earn rewards at over 50 Inclusive Collection resorts in destinations including Mexico and the Caribbean. A promotional offer allows members to earn 5,000 Bonus Points for qualifying stays of three or more nights from May 15 to September 15, 2022.
Hyatt Hotels Corporation (NYSE: H) is launching Caption by Hyatt, a new lifestyle brand, with the first hotel set to open in summer 2022 in Memphis. This 136-room hotel features self-activated rooms, dynamic dining, and sustainable design. Caption by Hyatt aims to expand globally, establishing locations in major cities such as Shanghai and Tokyo by 2024. The brand emphasizes community engagement, diverse hiring, and tech-forward amenities, including mobile key access. Hyatt has a strong portfolio with over 1,150 properties in 70 countries, showcasing its commitment to innovative hospitality.
Hyatt Hotels Corporation (NYSE: H) will announce its first quarter 2022 financial results on May 10, 2022, before market opening, with a conference call scheduled for 8:00 a.m. CT. Investors can participate via webcast on the Company's website, and an archive will be accessible for 90 days. For live participation, dial-ins are provided: toll-free in the U.S. at 888-412-4131 and internationally at 646-960-0134. The replay will be available starting at 12:00 p.m. CT on the same day.
Hyatt Hotels Corporation (NYSE: H) announced that Joan Bottarini, CFO, will present at the 43rd Annual Institutional Investors Conference by Raymond James on March 8, 2022, at 11:00 a.m. ET. Investors can access the webcast via the company’s website, with a replay available for 90 days. Hyatt operates over 1,150 properties across 70 countries as of December 31, 2021, under various brands including Park Hyatt, Hyatt Regency, and Grand Hyatt. For further details, visit investors.hyatt.com.
Hyatt Hotels Corporation (NYSE: H) reported its fourth quarter 2021 financial results, showing a net loss of
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