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Global hospitality company Hyatt Hotels Co. NYSE: H shares are surging to all-time highs riding the travel boom, with shares trading up 21% year-to-date (YTD). Hyatt operates over 1,300 hotels and properties in 77 countries.
Mark Hoplamazian, President and Chief Executive Officer of Hyatt Hotels, joins program to discuss Q4 earnings, hotel industry outlook/business trends. He spoke to Alix Steel and Paul Sweeney on Bloomberg Radio.
Hyatt CEO Mark Hoplamazian says the hotel chain is focusing on the luxury traveler. Speaking with Katie Greifeld on Bloomberg Television, Hoplamazian also discusses Hyatt's revenue growth, occupancy rates and his views on "revenge travel.
Hyatt's (H) fourth-quarter 2023 results reflect robust global travel demand, thanks to increased leisure and group travel. Yet, increased costs and expenses dent the bottom line.
While the top- and bottom-line numbers for Hyatt Hotels (H) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Hyatt Hotels (H) came out with quarterly earnings of $0.64 per share, beating the Zacks Consensus Estimate of $0.38 per share. This compares to earnings of $2.55 per share a year ago.
CHICAGO--(BUSINESS WIRE)--Hyatt Hotels Corporation (“Hyatt” or the “Company”) (NYSE: H) announced today that it will release fourth quarter and full year 2023 financial results on Friday, February 23, 2024, before the stock market opens, followed by a conference call at 9:00 a.m. CT. Participants are encouraged to listen to a simultaneous webcast of the conference call, accessible through the Company's website at investors.hyatt.com. An archive of the webcast will be available on the Company's.
Hyatt Hotels' (H) system-wide comparable RevPAR demonstrates a 9.1% increase in the fourth quarter.
CHICAGO--(BUSINESS WIRE)--Hyatt Hotels Corporation ("Hyatt" or the "Company") (NYSE: H) today announced that it will delay the issuance of its fourth quarter and full year 2023 earnings release and investor conference call previously scheduled for February 15, 2024, as additional time is required to finalize accounting related to Unlimited Vacation Club deferred cost activity in its Apple Leisure Group segment, which has no cash impact. The Company will issue a separate press release when a res.