Hyatt Hotels Stock Price, News & Analysis

Hyatt Hotels Corporation (NYSE: H) will release its third quarter 2022 financial results on November 3, 2022, ahead of market opening, followed by a conference call at 8:00 a.m. CT. Interested parties can access the call via the company's website or dial in using the provided numbers. An archive of the webcast will be available for 90 days. As of June 30, 2022, Hyatt had over 1,150 hotels across 72 countries.

Hyatt Hotels Corporation (NYSE: H) announces the opening of Thompson Madrid, the first Thompson Hotels property in Spain. The 175-room luxury hotel aims to redefine modern stays with its curated design and local flair. Located on Calle De La Montera, the hotel offers signature dining, unique architecture, and proximity to cultural sites. Its motto, ‘Con la cultura por Montera,’ highlights the blend of culture and luxury. The property is part of Hyatt's strategy to expand its portfolio in Europe, with a second Thompson Hotels location in Vienna set to open in 2024.

Hyatt Hotels Corporation announces its first Miraval mindful wedding offering, set to launch this fall at Miraval Berkshires. This unique multi-day experience focuses on couple wellbeing, featuring a customized wellness itinerary, mindfulness activities, and dedicated event planners. Couples will engage in programs promoting connection and communication, along with activities such as culinary workshops and forest-bathing. The wedding culminates in a personalized ceremony that incorporates mindfulness practices. The initiative aims to equip couples and guests with lasting wellbeing tools.

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.

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.

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.

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.

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.