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The latest announcement is out from Hyatt Hotels ( (H) ).
On February 13, 2025, Hyatt Hotels Corporation reported its financial results for the fourth quarter and full year of 2024, highlighting a 4.6% increase in full year RevPAR and a net income of $1,296 million. The company executed several strategic acquisitions, including Standard International and Bahia Principe, and announced plans to acquire Playa Hotels & Resorts N.V. for $2.6 billion. Hyatt’s strategic focus on expanding its portfolio and asset-light model positions it to exceed a 90% asset-light earnings mix by 2027, benefiting stakeholders through improved operational efficiency and shareholder returns.
More about Hyatt Hotels
Hyatt Hotels Corporation is a prominent player in the hospitality industry, primarily involved in the management and franchising of hotels, resorts, and vacation properties worldwide. The company focuses on providing luxury and upscale accommodations and has a significant presence in both leisure and business travel markets.
YTD Price Performance: 3.71%
Average Trading Volume: 526,915
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $15.57B
Learn more about H stock on TipRanks’ Stock Analysis page.
