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Hyatt Hotels Corporation - H STOCK NEWS

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.

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Hyatt collaborates with KultureCity for a survey of neurodivergent individuals and caregivers, revealing the need for more inclusive hotel stays. The survey highlights the importance of self-disclosure during booking, visual aids for preparation, room flexibility, and personalized pre-arrival communications. Hyatt's efforts to train staff, provide sensory aids, offer 3D room tours, and enhance digital accessibility showcase their commitment to serving neurodivergent guests.
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Hyatt Hotels (NYSE: H) executives will present at upcoming investor conferences organized by Morgan Stanley and Baird in June 2024. Mark Hoplamazian, President and CEO, and Joan Bottarini, CFO, will share insights about the company's performance and future plans. Interested parties can access webcasts of the presentations on the Hyatt website.
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Hyatt Hotels (NYSE: H) announces that World of Hyatt is offering members new access to earn and redeem at a collection of more than 700 boutique and luxury hotels and villas around the globe with Mr & Mrs Smith. The partnership expands the World of Hyatt portfolio to include sought-after destinations like Namibia, Fiji, and the British Virgin Islands, providing members with unique and luxurious experiences. This collaboration underscores Hyatt's commitment to offering guests exceptional stays and rewarding them for exploring the world.
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The Bentley Hotel Southampton is set to join the JdV by Hyatt brand in mid-2024 after a renovation, offering 40 all-suite accommodations in the Hamptons. Hyatt Hotels collaborates with Bijal Hospitality for this venture, providing guests with a luxurious experience and access to local attractions. The hotel features opulent design elements, on-property amenities like a heated pool, and event spaces for weddings or special occasions.
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Hyatt Hotels (NYSE: H) and El Pardo Hospitality are set to introduce The Legend Paracas Resort in Paracas, Peru as part of the Destination by Hyatt brand, marking the brand's debut in South America. The hotel is undergoing enhancements to elevate guestrooms, offer new culinary options, and redesign public areas, expected to be completed by June 2024.
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Hyatt Hotels (NYSE: H) will release its first quarter 2024 financial results on May 9, 2024, followed by a conference call. Participants can access the webcast or dial in to listen. An archive of the webcast will be available on the Company's website for 90 days.
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Hyatt Hotels Corporation (H) announces the transformation of The Confidante Miami Beach into the new Andaz Miami Beach, set to open in late 2024. The luxury hotel will feature redesigned spaces, immersive experiences, and a culinary collaboration with José Andrés Group.
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Hyatt Hotels Corporation (H) announced an exclusive collaboration with Future, offering 130 complimentary guided workouts at participating Hyatt Regency hotels in the U.S. The workouts are custom-designed for all fitness levels and aim to enhance guests' wellbeing journeys. Guests can access personalized virtual workouts via the Future app, tailored to each hotel's fitness center and equipment.
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Hyatt Hotels Corporation (NYSE:H) collaborates with Rio Hotel & Casino for a $340 million transformation project in Las Vegas. The iconic hotel will be rebranded under the Destination by Hyatt brand, offering a unique and immersive experience to guests. Phase one renovations are set to be completed by fall 2024, with phase two to follow, enhancing the hotel's offerings and services.
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Hyatt Hotels Corporation (NYSE: H) reported strong financial results for Q4 and full year 2023, with net income of $26 million and $220 million respectively. Adjusted EBITDA was $241 million in Q4 and $1,029 million for the full year, exceeding outlook. RevPAR increased 17% for the full year, leading to record fee revenue and highest cash flow in company history. Share repurchases totaled $453 million, returning $500 million to shareholders.
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FAQ

What is the current stock price of Hyatt Hotels Corporation (H)?

The current stock price of Hyatt Hotels Corporation (H) is $156.23 as of November 22, 2024.

What is the market cap of Hyatt Hotels Corporation (H)?

The market cap of Hyatt Hotels Corporation (H) is approximately 15.9B.

What is Hyatt Hotels Corporation?

Hyatt Hotels Corporation is a global hospitality company headquartered in Chicago, offering a portfolio of 13 premier brands across 698 properties in 56 countries.

What are some of Hyatt’s well-known brands?

Some of Hyatt’s well-known brands include Park Hyatt®, Miraval®, Grand Hyatt®, Hyatt Regency®, Andaz®, Hyatt Centric®, Hyatt Ziva™, and Hyatt Zilara™.

How is Hyatt's portfolio distributed globally?

Hyatt's portfolio distribution is 54% in the Americas, 22% in the rest of the world, and 23% in the Asia-Pacific region.

What significant acquisitions has Hyatt made recently?

Hyatt acquired Two Roads Hospitality in 2018 and Apple Leisure Group in 2021, expanding its presence in upscale and luxury segments.

How does Hyatt's ownership structure of properties look?

Approximately 4% of Hyatt's rooms are owned, while the remaining 96% are managed or franchised.

What is Hyatt's primary business focus?

Hyatt focuses on caring for people so they can be their best, which drives its business decisions, growth strategies, and value creation for shareholders.

Where is Hyatt Hotels Corporation headquartered?

Hyatt Hotels Corporation is headquartered in Chicago, United States.

What are Hyatt's vacation brands?

Hyatt's vacation brands include Apple Leisure Group, Hyatt Ziva™, and Hyatt Zilara™.

What is the operational mix of Hyatt properties?

Hyatt operates a mix of owned, managed, and franchised properties, with a significant portion being managed or franchised.

What is the company's purpose?

Hyatt’s purpose is to care for people so they can be their best, guiding its growth strategies and relationship-building efforts.

Hyatt Hotels Corporation

NYSE:H

H Rankings

H Stock Data

15.94B
40.68M
3.6%
112.07%
4.69%
Lodging
Hotels & Motels
Link
United States of America
CHICAGO