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Here's Why Investors Must Retain Hyatt (H) Stock for Now
ZACKS· 2024-06-11 15:16
Hyatt Hotels Corporation’s (H) performance is benefiting from the consistent focus on an asset-light model initiative and footprint expansion plans in new and existing markets accompanied by strategic partnerships.Shares of this Zacks Rank #3 (Hold) company gained 14.6% in the past six months, outperforming the Zacks Hotels and Motels industry’s 8.8% growth. The uptrend is most likely attributable to the solid leisure and business travel demand, especially strong outbound travel from Greater China, which re ...
Hyatt (H) Announces Record-Breaking Global Unit Expansion
ZACKS· 2024-06-04 15:05
Hyatt Hotels Corporation (H) has set a new benchmark in global expansion by increasing its pipeline approximately 85% since 2017, reaching a record 129,000 rooms. This remarkable feat underscored not only the unwavering trust of hotel owners but also the resounding allure of the Hyatt brand.Hyatt's president and CEO, Mark Hoplamazian, highlighted the company's strategic vision, which positioned it as a leader in the hospitality industry. This vision is evident in Hyatt's consistent efforts to enhance luxury ...
Hyatt (H) to Expand Footprint in Puerto Rico With New Hotel
zacks.com· 2024-05-21 17:16
Hyatt Hotels Corporation (H) announced the upcoming debut of its reportable brand, Hyatt Centric, in Puerto Rico, in partnership with Interlink and Vivo Beach Club.The former Verdanza Hotel is currently undergoing a $25 million-dollar worth enhancement, which is inspired by Puerto Rico’s enchanted landscape including the amalgamation of the island’s captivating land and sea elements. The refurbished property will join the Hyatt portfolio under the name Hyatt Centric San Juan Isla Verde and is expected to op ...
Why Hyatt Hotels (H) is a Top Momentum Stock for the Long-Term
zacks.com· 2024-05-16 14:51
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.It also includes access to the Zacks Style Scores.What are the Zacks Style Scores?The Zacks Style Score ...
Here's Why Hyatt Hotels (H) is a Strong Growth Stock
Zacks Investment Research· 2024-05-10 14:46
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.Zacks Premium includes access to the Zacks Style Scores as well.What are the Zacks Style Scores?Develop ...
Hyatt(H) - 2024 Q1 - Earnings Call Transcript
2024-05-09 19:51
Hyatt Hotels Corporation (NYSE:H) Q1 2024 Earnings Conference Call May 9, 2024 10:00 AM ET Company Participants Adam Rohman - SVP, IR and FP&A Mark Hoplamazian - President and CEO Joan Bottarini - CFO Conference Call Participants Daniel Politzer - Wells Fargo Shaun Kelley - Bank of America Stephen Grambling - Morgan Stanley Joe Greff - JPMorgan Richard Clarke - Bernstein Meredith Jensen - HSBC Patrick Scholes - Truist Securities Michael Bellisario - Baird Operator Good morning, and welcome to Hyatt's First ...
Hyatt(H) - 2024 Q1 - Quarterly Report
2024-05-09 18:50
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 001-34521 HYATT HOTELS CORPORATION (Exact Name of Registrant as Specified in Its Charter) (State or Other Jurisdiction ...
Hyatt (H) Q1 Earnings & Revenues Miss Estimates, RevPAR Up Y/Y
Zacks Investment Research· 2024-05-09 17:36
Hyatt Hotels Corporation (H) delivered tepid first-quarter 2024 results, wherein earnings and revenues missed the Zacks Consensus Estimate. Then again, the top and bottom lines increased on a year-over-year basis.Hyatt’s results reflect year-over-year growth in comparable system-wide revenue per available room (RevPAR), driven by an increase in occupancy and average daily rate (ADR). This uptrend is mainly driven by solid demand across all customer segments. Travel demand by leisure guests, especially in Me ...
Hyatt Hotels (H) Reports Q1 Earnings: What Key Metrics Have to Say
Zacks Investment Research· 2024-05-09 15:01
Hyatt Hotels (H) reported $1.71 billion in revenue for the quarter ended March 2024, representing a year-over-year increase of 2%. EPS of $0.71 for the same period compares to $0.41 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $1.72 billion, representing a surprise of -0.37%. The company delivered an EPS surprise of -2.74%, with the consensus EPS estimate being $0.73.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how the ...
Hyatt Hotels (H) Misses Q1 Earnings and Revenue Estimates
Zacks Investment Research· 2024-05-09 13:06
Hyatt Hotels (H) came out with quarterly earnings of $0.71 per share, missing the Zacks Consensus Estimate of $0.73 per share. This compares to earnings of $0.41 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -2.74%. A quarter ago, it was expected that this hotel operator would post earnings of $0.38 per share when it actually produced earnings of $0.64, delivering a surprise of 68.42%.Over the last four quarters, the company ...