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Hyatt Hotels - H STOCK NEWS

Welcome to our dedicated page for Hyatt Hotels news (Ticker: H), a resource for investors and traders seeking the latest updates and insights on Hyatt Hotels stock.

Hyatt Hotels Corporation (H) is a leading global hospitality company managing a portfolio of 20+ distinctive brands across luxury, lifestyle, and resort segments. This news hub provides investors and industry observers with verified corporate updates and financial developments.

Access timely reports on earnings announcements, property acquisitions, management changes, and strategic partnerships. Our curated collection includes official press releases alongside third-party analysis of Hyatt's market position in the Americas, Asia-Pacific, and EMEA regions.

Key coverage areas include portfolio expansions, sustainability initiatives, and operational innovations across Hyatt's managed and franchised properties. Bookmark this page for updates on how the company navigates evolving travel trends through its Inclusive Collection and World of Hyatt loyalty program.

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Hyatt Hotels Corporation (NYSE: H) announced plans to expand its brand portfolio in the Asia Pacific region with a strong pipeline of luxury and lifestyle hotels set to open in late 2022 and 2023. Notable entries include The Unbound Collection by Hyatt in Japan and Andaz in Thailand, coinciding with a rebound in leisure travel. Carina Chorengel, Senior VP for Asia Pacific, expressed confidence in the region's recovery, noting nearly 70% of its global portfolio is Luxury and Upper Upscale, catering to high-end travelers.

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Hyatt Hotels Corporation (NYSE: H) announced that CEO Mark Hoplamazian will present at the Bank of America Securities 2022 Gaming & Lodging Conference in New York, NY on September 8, 2022, at 10:00 a.m. ET. Interested parties can access the live webcast at investors.hyatt.com, with a replay available for 90 days. As of June 30, 2022, Hyatt's portfolio includes over 1,150 hotels in 72 countries, showcasing a diverse range of brands.

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Hyatt Hotels Corporation (NYSE: H) has announced the opening of Magma Resort Santorini, its first property in The Unbound Collection by Hyatt in the Greek Islands. This 59-room luxury resort embodies the tranquil essence of Santorini, combining contemporary design with the island's natural beauty. With features like a subterranean Lava Spa and exclusive dining by two-Michelin-starred chef Arnaud Bignon, the resort aims to appeal to luxury travelers. The company continues to expand its portfolio in key global destinations, reinforcing its commitment to independent brands.

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Hyatt Hotels Corporation reported strong financial results for Q2 2022, showing a net income of $206 million, compared to a loss of $9 million in the same quarter last year. This reflects a remarkable recovery with Total Fee Revenue exceeding $200 million, a 27% year-over-year increase. Comparable system-wide RevPAR grew 82% to $130.16. The company anticipates continued growth with net rooms expected to increase by over 6% this year and optimistic booking trends.

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Hyatt Hotels Corporation (NYSE: H) has opened its first Destination by Hyatt hotel in Italy, the luxurious 7Pines Resort Sardinia, located on the stunning Costa Smeralda. The resort features 76 guest rooms designed with local materials, five secluded beaches, and various culinary experiences, including three restaurants. This opening signifies Hyatt's commitment to expanding its luxury portfolio in prime locations. 7Pines Sardinia offers holistic wellbeing services, event spaces, and yachting services for exploring the nearby La Maddalena archipelago.

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Hyatt has launched a collaboration with CorePower Yoga to introduce rooftop yoga classes at participating Thompson Hotels, starting summer 2022. Guests can enjoy complimentary classes, with additional benefits for CorePower members and locals. Locations include Thompson Austin, Hollywood, Nashville, Seattle, and The Beekman in NYC. This initiative aims to enhance guest wellness experiences with fitness-focused yoga classes and curated playlists, along with discounts on CorePower memberships. The partnership aligns with Hyatt's goal to provide valuable wellness experiences for travelers.

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Hyatt Hotels Corporation (NYSE: H) has made significant progress in its Environmental, Social, and Governance (ESG) efforts, as detailed in its 2021 World of Care Highlights and DEI Report. The company aims to reduce greenhouse gas emissions with a 2030 science-based target and enhance workforce diversity. It has taken steps to increase representation of people of color and has welcomed 220 new Black suppliers in 2021. Additionally, Hyatt has donated $500,000 to support human trafficking prevention through the No Room for Trafficking Survivors Fund.

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Hyatt Hotels Corporation (NYSE: H) has officially opened the Park Hyatt Jakarta, marking the brand's debut in Indonesia. Located in the serene Menteng area, the property features luxurious accommodations and various culinary and wellness offerings. With 220 rooms, including 36 suites, the hotel reflects contemporary design inspired by Indonesian culture. To celebrate the opening, Hyatt is offering guests a 15% discount and 500 bonus points for World of Hyatt members until October 8, 2022.

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Hyatt Hotels Corporation (NYSE: H) will release its second quarter 2022 financial results on August 9, 2022, before the market opens. A conference call will follow at 8:00 a.m. CT, accessible via the Company's website. Participants can listen live or access a replay following the call. As of March 31, 2022, Hyatt operated over 1,150 hotels across 71 countries. The Company aims to care for guests through its extensive range of hospitality brands.

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Hyatt Hotels Corporation (NYSE:H) has inaugurated Caption by Hyatt Beale Street Memphis, debuting its new lifestyle brand. The 136-room hotel is strategically located at the intersection of Beale Street and Front Street, offering guests a unique neighborhood experience. With amenities such as Talk Shop at Ellis, a beer garden, and modern technology for seamless services, the hotel emphasizes local culture and sustainable design. It aims to provide community connections and a vibrant atmosphere for both locals and travelers, showcasing the spirit of Memphis.

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Hyatt Hotels

NYSE:H

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10.11B
40.13M
3.68%
112.12%
5.19%
Lodging
Hotels & Motels
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