STOCK TITAN

Hyatt Hotels Corporation - H STOCK NEWS

Welcome to our dedicated news page for Hyatt Hotels Corporation (Ticker: H), a resource for investors and traders seeking the latest updates and insights on Hyatt Hotels Corporation.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Hyatt Hotels Corporation's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Hyatt Hotels Corporation's position in the market.

Rhea-AI Summary
Hyatt Hotels Corporation (NYSE: H) announced that H. Charles “Chuck” Floyd will transition to a role of Senior Advisor to the President and CEO before retiring in June 2024. Regional Group Presidents and Chief Growth Officer will report directly to Mark Hoplamazian after Floyd's departure.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.53%
Tags
none
-
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.83%
Tags
none
-
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.83%
Tags
none
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.74%
Tags
none
-
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.61%
Tags
none
-
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.75%
Tags
none
News
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.8%
Tags
-
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.52%
Tags
none
-
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.52%
Tags
none
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.23%
Tags
none
Hyatt Hotels Corporation

NYSE:H

H Rankings

H Stock Data

15.45B
40.77M
3.4%
109.53%
3.71%
Hotels (except Casino Hotels) and Motels
Accommodation and Food Services
Link
US
Chicago

About H

hyatt hotels corporation, headquartered in chicago, is a leading global hospitality company with a portfolio of 13 premier brands. as of december 31, 2016, the company's portfolio included 698 properties in 56 countries. the company's purpose to care for people so they can be their best informs its business decisions and growth strategy and is intended to create value for shareholders, build relationships with guests and attract the best colleagues in the industry. the company's subsidiaries develop, own, operate, manage, franchise, license or provide services to hotels, resorts, branded residences and vacation ownership properties, including under the park hyatt®, miraval®, grand hyatt®, hyatt regency®, hyatt®, andaz®, hyatt centric®, the unbound collection by hyatttm, hyatt place®, hyatt house®, hyatt zivatm, hyatt zilaratm and hyatt residence club® brand names and have locations on six continents.