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.
Hyatt Hotels Corporation (NYSE: H) reported an operational update for May, highlighting a continuing recovery in the hospitality sector. System-wide RevPAR reached approximately
Hyatt Hotels Corporation reports a significant recovery in operating results for May, with system-wide RevPAR rising approximately $127, marking the highest monthly performance since November 2019. The company successfully completed four asset dispositions generating $812 million, contributing to its $2 billion disposition target. Leisure transient revenue surged 18% from May 2019, while business and group revenues also improved, signaling strong summer travel bookings. Overall, the company anticipates a busy travel season ahead, with positive growth metrics and strong forward booking trends.
Hyatt Hotels Corporation (NYSE: H) announces the appointment of Javier Águila as the new group president for Europe, Africa, and the Middle East (EAME) region, following the planned retirement of Peter Fulton. Águila's leadership is expected to drive strategic growth, leveraging his extensive experience from Apple Leisure Group, which Hyatt acquired in 2021. This move, praised by global president Chuck Floyd, aligns with Hyatt's ambitious expansion plans, reflecting a strong pipeline of 113,000 rooms globally, supporting Hyatt’s vision for accelerated growth in the hospitality sector.
Hyatt Hotels Corporation (NYSE: H) has announced plans for the new Grand Hyatt Cancún Beach Resort in Quintana Roo, Mexico, set to open in 2024. This luxury resort will offer 500 rooms and numerous amenities, including 11 dining options, a spa, and event spaces totaling over 16,000 square feet. This development is part of Hyatt's strategy to expand its luxury presence in Latin America, driven by increasing leisure travel demand. The resort will be part of Puerto Cancún, a master-planned community blending urban and resort experiences.
Hyatt Hotels Corporation (NYSE: H) has entered a franchise agreement with the Edinburgh International Conference Centre for a new Hyatt Centric hotel in Edinburgh, Scotland. The 349-room property, set to open in mid-2025, marks Hyatt's first hotel in Scotland and second Hyatt Centric hotel in the UK. Located close to the EICC and Edinburgh’s iconic landmarks, the hotel aims to attract leisure and business travelers. It will feature sustainable design, various dining options, and amenities like a gym and meeting rooms, enhancing Hyatt's portfolio in a key market.
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.
