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Hyatt Hotels: Favorable Internal And External Developments (Rating Upgrade)
Seeking Alpha· 2024-10-07 12:47
Asia Value & Moat Stocks is a research service for value investors seeking Asia-listed stocks with a huge gap between price and intrinsic value, leaning towards deep value balance sheet bargains (i.e. buying assets at a discount e.g. net cash stocks, net-nets, low P/B stocks, sum-of-the-parts discounts) and wide moat stocks (i.e. buying earnings power at a discount in great companies like "Magic Formula" stocks, high-quality businesses, hidden champions and wide moat compounders). Sign up here to get starte ...
Hydro One To Release Third Quarter 2024 Results On November 7, 2024 Before Markets Open
Prnewswire· 2024-10-04 21:00
Investment Community Teleconference Set for November 7, 2024 at 8 a.m. ETTORONTO, Oct. 4, 2024 /PRNewswire/ - Hydro One Limited (TSX: H), the largest electric transmission and distribution utility in Ontario, plans to release its third quarter financial results the morning of November 7, 2024, before North American financial markets open. A summary of the results will be distributed by newswire and the complete MD&A and financial statements will be posted at www.hydroone.com/investors and www.sedarplus.com. ...
Hyatt's Luxury & Lifestyle Expansion: Things Investors Need to Know
ZACKS· 2024-09-24 13:35
Hyatt Hotels Corporation (H) continues its strategic focus on expanding luxury and lifestyle properties across the Americas, capitalizing on a strong demand for high-end travel experiences. According to Hyatt’s Mid-Year 2024 Consumer Sentiment and Travel Expectations Report, 88% of consumers still plan to travel for leisure, bolstering the company’s approach of delivering unique, memorable stays for its guests and World of Hyatt members.With a development pipeline of over 20 new and planned openings through ...
Hyatt Boosts Brand Presence With New Hyatt Centric Hotel in CA
ZACKS· 2024-09-19 16:41
Core Insights - Hyatt Hotels Corporation has opened the Hyatt Centric Delfina Santa Monica, marking its 101st hotel in California and the sixth Hyatt Centric property in the state [1][2] Expansion and Growth - The company added 18 new hotels (3,251 rooms) to its portfolio in Q2 2024, achieving a net room growth of 4.6% [4] - As of June 30, 2024, Hyatt has a pipeline of approximately 670 hotels (about 130,000 rooms) under executed management or franchise contracts [5] - The company anticipates a year-over-year net room growth of 5.5-6% for 2024, driven by organic growth and conversion opportunities [6] Property Features and Promotions - The new property offers proximity to major attractions like Santa Monica Pier and Venice Beach, and is part of Hyatt's World of Hyatt loyalty program [2] - To celebrate the opening, the hotel will provide a 15% discount for stays between September 18, 2024, and October 31, 2025, with a 17% discount for World of Hyatt members during a specific booking period [2] Refurbishment Plans - A $16 million refurbishment is planned for the Hyatt Centric Delfina Santa Monica, focusing on guest rooms and common areas, set to begin in fall 2024 [3] Stock Performance - Hyatt's shares have increased by 13.7% year-to-date, outperforming the Zacks Hotels and Motels industry's growth of 9.9% [6]
SoCalBio's 26th Annual Two-Day Investor Partnership Conference hosted at the Hyatt Regency Newport Beach for the Medical Device and Biotechnology Industry
GlobeNewswire News Room· 2024-09-18 17:14
LOS ANGELES, Sept. 18, 2024 (GLOBE NEWSWIRE) -- SoCalBio (the Southern California Biomedical Council) today announced the full lineup of speakers and presenting companies for its 26th Annual SoCalBio Investor & Partnership Conference, which will be held September 25-26 at the Hyatt Regency Newport Beach. Since 1995, SoCalBio has served as the voice and advocate for the bioscience, medical devices, and digital health industries across the Greater Los Angeles region. Now in its 26th year, the Annual Investor ...
Zacks Industry Outlook Marriott International, Hilton Worldwide and Hyatt Hotels
ZACKS· 2024-09-18 10:01
For Immediate ReleaseChicago, IL – September 18, 2024 – Today, Zacks Equity Research discusses Marriott International, Inc. (MAR) , Hilton Worldwide Holdings Inc. (HLT) and Hyatt Hotels Corp. (H) .Industry: Hotels and MotelsLink: https://www.zacks.com/commentary/2336990/3-hotels-motels-stocks-to-watch-despite-industry-concernsThe Zacks Hotels and Motels industry in 2024 faces challenges from rising costs, geopolitical tensions and ongoing economic uncertainty. However, industry participants are concentratin ...
3 Hotels & Motels Stocks to Watch Despite Industry Concerns
ZACKS· 2024-09-17 15:41
The Zacks Hotels and Motels industry in 2024 faces challenges from rising costs, geopolitical tensions and ongoing economic uncertainty. However, industry participants are concentrating on growth strategies, including expanding their portfolios, converting properties, forging strategic partnerships and enhancing loyalty programs. The industry has shown resilience through cost-cutting measures and digital innovations. Hotel operators remain focused on balancing profitability while ensuring guest satisfaction ...
Why Is Hyatt Hotels (H) Up 13.2% Since Last Earnings Report?
ZACKS· 2024-09-05 16:36
A month has gone by since the last earnings report for Hyatt Hotels (H) . Shares have added about 13.2% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Hyatt Hotels due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Hyatt Q2 Earnings Beat, Revenues Lag EstimatesHyatt ...
Hyatt Stock Rises 13% in a Month: Time to Buy or Hold Back?
ZACKS· 2024-09-03 16:20
Hyatt Hotels Corporation‘s (H) shares rose 13.5% in the past month. The stock surpassed the Zacks Hotels and Motels industry's 9.4% rise and outperformed the broader Zacks Consumer Discretionary sector's 9.3% rise in the same period. Hyatt's impressive stock performance reflects the company's strong position in the industry, driven by robust demand and strategic initiatives aimed at expanding its global footprint.H also outpaced competitors like Choice Hotels International (CHH) , up 2.1%, and Marriott Inte ...
Hyatt (H) on Expansion Spree, To Acquire Standard International
ZACKS· 2024-08-21 16:45
Hyatt Hotels Corporation (H) is set to acquire the brands and most affiliates of Standard International, the parent company of The Standard and Bunkhouse Hotels brands.The base purchase price to be paid by Hyatt upon closure will be $150 million, with an extra $185 million over time as additional properties enter the portfolio. The deal is expected to close in late 2024 upon the satisfaction of customary closing conditions.Perks of the BuyoutUpon acquiring Standard International, Hyatt will welcome manageme ...