Hyatt Hotels Stock Price, News & Analysis

Hyatt Hotels Corporation (NYSE: H) reported third quarter 2022 results, revealing a net income of $28 million, a decrease from $120 million in Q3 2021. Adjusted net income fell to $72 million compared to $241 million the previous year. However, total fee revenue exceeded 2019 levels by 50%, with comparable system-wide RevPAR up 45.9% to $133.31. The company raised its 2022 Net Rooms Growth outlook to 6.5% and reported an Adjusted EBITDA of $252 million, a significant increase from $110 million in Q3 2021.

Hyatt Hotels Corporation launches FIND, a new platform offering over 200 experiences across 85 destinations in 30+ countries, tailored to enhance members' wellbeing journeys. Experiences range from culinary offerings to immersive cultural activities, focusing on emotional, physical, and mental wellness. Members can book experiences with money or points starting at $15 USD or 1,000 points, and earn 10 base points per dollar spent. This initiative aims to meet the evolving needs of travelers prioritizing their wellbeing.

Hyatt Hotels Corporation (NYSE: H) and Grupo Presidente recently launched the Hyatt Place Monterrey Valle and Hyatt House Monterrey Valle, marking the first dual-branded Hyatt property in Latin America. This development is situated in the rapidly growing San Pedro Garza García neighborhood of Monterrey, Mexico, featuring over 100,000 square feet of office and retail space. The hotels offer modern amenities, including complimentary breakfast, fitness centers, and flexible meeting spaces, catering to both transient and extended-stay guests. The project responds to increasing travel demand in the region.

Hyatt Hotels Corporation has opened its first Hyatt Centric hotel in Southeast Asia, located in Kota Kinabalu, Malaysia. The 222-room hotel, situated in a vibrant dining and entertainment district, offers modern amenities, including an infinity pool and a rooftop restaurant. This strategic launch aims to enhance Hyatt's presence in Malaysia, building on over 40 years of brand history. Guests can enjoy local experiences and cultural activities, linking to the natural beauty of Borneo.

Hyatt Hotels Corporation (NYSE: H) has announced the opening of its new Hyatt Regency Hainan Ocean Paradise Resort, featuring 1,000 ocean-themed rooms and direct access to the Hainan R&F Ocean Paradise theme park. Located in Hainan, the resort offers a variety of amenities including three waterfront restaurants, a fitness center, and extensive event spaces, ideal for weddings and meetings. The resort emphasizes a seamless guest experience with ocean views and state-of-the-art facilities, aimed at enhancing relaxation and connection to nature.

Hyatt Hotels Corporation (NYSE: H) has officially opened the Hyatt Regency Salt Lake City, a 25-story hotel, on October 17. This marks the first Hyatt Regency in Utah and adds 60,000 square feet of event space near the Salt Palace Convention Center. The hotel features 700 modern rooms, four dining options, and extensive meeting facilities, making it ideal for large-scale events. The opening aims to position Salt Lake City as a premier destination for leisure and business travel, catering to both local and international visitors.

Hyatt Hotels Corporation (NYSE: H) has opened the Fuji Speedway Hotel in Shizuoka, Japan, the first property in The Unbound Collection by Hyatt brand in the country. Located near the iconic Fuji Speedway, the hotel features 120 luxurious accommodations, including dog-friendly villas and a wellness spa. With its unique motorsports theme, the hotel offers two restaurants, an exclusive motorsports museum, and facilities for conferences and gatherings.

World of Hyatt members can earn 500 Bonus Points for qualifying stays from October 7, 2022 to January 31, 2023.

Hyatt Hotels Corporation (NYSE:H) has announced an exclusive collaboration with Lindner Hotels AG, expanding its footprint in Germany. This partnership will see over 30 hotels from Lindner integrated into the World of Hyatt loyalty program, predominantly under the JdV by Hyatt brand. This deal adds approximately 5,500 rooms across key European markets, enhancing Hyatt's presence in cities like Düsseldorf, Frankfurt, and Hamburg. The collaboration aims to strengthen Hyatt’s asset-light growth strategy while maintaining Lindner's unique hospitality identity.