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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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World of Hyatt (H) redefines loyalty with enhanced program benefits, offering more flexibility and choices for members starting January 1, 2024. The program introduces the industry's first 150-night Milestone Reward and the reimagined Guest of Honor award, aiming to provide more awards and choice at more milestones for members.
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Hyatt Hotels Corporation (NYSE: H) introduces Hyatt Studios, its first upper-midscale extended-stay brand, with the groundbreaking of the first property in Mobile, Ala. and a growing pipeline including a deal for a hotel in Portland, Maine. The brand aims to transform the upper-midscale, extended-stay experience by providing exceptional value, best-in-class amenities, and high-quality care. The brand's growth is supported by a franchise agreement with 3H Group Inc. and a deal with Giri Hotel Management, showcasing strong interest from developers. Hyatt Studios will join the Hyatt Place, Hyatt House, and Caption by Hyatt brands in Hyatt’s select service category, enhancing the guest experiences offered by World of Hyatt loyalty program.
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Hyatt Hotels Corporation (H) announces the launch of Andaz's 'Be Like No One's Watching' campaign, encouraging transformative travel experiences. The campaign celebrates individuality and self-expression, offering unique on-property offerings and a new visual identity. With 29 global properties and more on the horizon, Andaz aims to provide distinctive local experiences to its guests, recognizing the ever-changing identities that transform through travel. The campaign focuses on three key areas: 'Indulge,' 'Play,' and 'Move,' offering experiences that connect guests to culinary, mixology, digital exploration, music, fitness, and wellbeing. Examples include culinary escapes, DJ experiences, and sweet pastry-making classes.
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Hyatt Hotels Corporation (NYSE:H) and Extell Development Company announced the planned expansion of the Grand Hyatt brand in Park City, Utah. Expected to open late 2024, Grand Hyatt Deer Valley will offer 387 guestrooms, 55 private residences, 38,900 sq ft of event space, and world-class dining options. The hotel will be part of the expansion of Deer Valley Resort, doubling the skiable terrain and featuring 16 new ski lifts and a state-of-the-art 10-passenger gondola.
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Hyatt Hotels Corporation and Parks Hospitality Holdings are collaborating to develop four new properties in Mexico, including two Grand Hyatt hotels, a select-service offering near Cancun International Airport, and the debut of the Park Hyatt brand in Cancun. The properties are expected to open starting in 2024 and will expand Hyatt's luxury and leisure offerings in Mexico's most sought-after destinations.
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Hyatt Hotels Corporation reported third quarter 2023 financial results, with net income of $68 million, a 143% increase compared to the same period last year. Adjusted net income was $75 million, a 4% increase. Diluted EPS was $0.63, a 152% increase, and adjusted diluted EPS was $0.70, a 9% increase. Adjusted EBITDA was $247 million, a 2% decrease. Comparable system-wide RevPAR increased by 8.9% and net rooms growth was approximately 6.2%. The pipeline of executed management or franchise contracts reached a new high of approximately 123,000 rooms. The company repurchased approximately 1.25 million Class A shares for $144 million.
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Hyatt Hotels Corporation plans to double its brand footprint in Canada by the end of 2026 with over 20 managed and franchised agreements. This strategic growth reflects Hyatt's focus on destinations important to guests and World of Hyatt members. By the end of 2026, Hyatt expects to have 23 additional hotels open in Canada, expanding its Canadian brand presence and enhancing guest experiences. The expansion includes luxury and lifestyle hotels, as well as properties in leisure and tertiary markets and airport locations.
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Hyatt and Mr & Mrs Smith are offering exclusive benefits to World of Hyatt members. Members can earn five base points for every $1 spent on eligible Mr & Mrs Smith gift cards purchased through Hyatt. They can also earn 1 tier qualifying night credit for every $300 spent on gift cards. Additionally, Mr & Mrs Smith is offering up to 40% off eligible reservations at participating properties. This promotion allows World of Hyatt members to maximize their membership and enjoy luxury experiences.
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Hyatt Hotels Corporation announced the opening of Hyatt Regency Changshu Kuncheng Lake, a new hotel in Changshu, China. The hotel offers modern guestrooms, delightful culinary experiences, and flexible event spaces. It also provides stunning views of Kuncheng Lake and the surrounding area.
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Hyatt Hotels to participate in panel discussion at Citi 2023 China Investor Conference
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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