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Hyatt Hotels Corporation (NYSE: H) and Grupo Presidente today announced the opening of NUMU Boutique Hotel marking the first Hyatt-branded property in the city of San Miguel de Allende, Mexico and the latest addition to The Unbound Collection by Hyatt brand. The opening of NUMU Boutique Hotel marks the second hotel within the portfolio in Mexico, following the recent opening of Rancho Pescadero

Hyatt Hotels Corporation (NYSE: H) today announced the planned rebranding of Hyatt Regency Scottsdale Resort & Spa at Gainey Ranch to Grand Hyatt Scottsdale Resort & Spa in late 2024, which will mark the first Grand Hyatt hotel in Arizona. The hotel’s ownership group, Xenia Hotels and Resorts, plans to invest approximately $110 million to fully transform the property into a Grand Hyatt hotel,

Hyatt Hotels Corporation (H) is on watch after Wells Fargo turned cautious on the stock after the recent rally. Read more.

This report was sent to Briefing.com subscribers earlier today. Upgrades: > FibroGen (FGEN) upgraded to Outperform from Mkt Perform at Raymond James; tgt $35 Downgrades: > easyJet (ESYJY) downgraded to Mkt Perform from Outperform at Bernstein > EVgo Inc. (EVGO) downgraded to Neutral from Overweight at JP Morgan; tgt lowered to $6 > Hyatt Hotels […]

The COVID-19 pandemic resulted in the biggest blowback the hospitality industry has arguably ever seen in such a short period of time. With global restrictions suspending international travel and various types of activities and the working-from-home economy taking over, whether we are talking about tourism or business trips, the industry suffered dramatically. Accordingly, shares of hotel giants like Hyatt Hotels (NYSE: H), Hilton Worldwide (NYSE: HLT), airlines like United Airlines (NASDAQ: UAL) and Delta Air Lines (NYSE: DAL), as well as booking services like Booking Holdings (NASDAQ: BKNG) and Expedia Group (NASDAQ: EXPE), plummeted at the time.

As of Wednesday, Hyatt Hotels Corporation’s (NYSE:H) stock closed at $83.43, up from $80.57 the previous day. While Hyatt Hotels Corporation has overperformed by 3.55%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, H rose by 4.05%, with highs and lows ranging from $108.10 to $70.12, […]

Hyatt Hotels Corporation (NYSE: H) announced today the opening of Hyatt Centric Sector 17 Chandigarh, marking the debut of the Hyatt Centric brand in Chandigarh. Paying homage to French architect Le Corbusier who designed the city along with Pierre Jeanneret, Jane Drew, and Maxwell Fry, the hotel celebrates both Corbusier’s design philosophy and the vibrant and bold culture of Punjab. This

Hyatt Hotels (H) shares gained ~5% on Tuesday after Evercore ISI upgraded its ratings from in-line to outperform, highlighting the firm''s transition to an asset-light revenue…

Tuesday''s top analyst upgrades and downgrades included Bristol-Myers Squibb, Costco Wholesale, Dollar General, Exxon Mobil, FedEx, Horizon Therapeutics, Hyatt Hotels, Lucid, Medtronic, Micron Technology, Salesforce, Six Flags Entertainment, Tellurian and Unity Software.

With over 24 executed deals for hotels, Hyatt Hotels Corporation plans to expand its brand footprint in India and is eyeing an over 70% growth, adding over 3,800 keys with more than 50 hotels in its portfolio in India by 2023.“This is happening for the first time in the history of Hyatt in India,” Peter Fulton, group president, for Europe, Africa and The Middle East/Southwest Asia at Hyatt Hotels Corporation. “We are focused on introducing brands to destinations where guests are currently traveling or would like to travel. The aim is to ensure a multi-brand presence across cities such as Delhi, Mumbai, Chennai, Hyderabad, Ahmedabad, Pune and Goa,” he added. He said India continues to be a high growth-potential market for the chain and while the demand for travel and hospitality was certainly affected by the pandemic, it has been optimistic about recovery. “February started showing signs of recovery with 56% occupancy. Occupancy for the period 1st to 27th March 2022 is at 69% which is a significant improvement over February.

With over 24 executed deals for hotels, Hyatt Hotels Corporation plans to expand its brand footprint in India and is eyeing an over 70% growth, adding over 3,800 keys with more than 50 hotels in its portfolio in India by 2023.

Leisure travel has already outstripped pre-pandemic (2019) numbers and corporate travel enquiries are picking up

Hyatt India and South West Asia Managing Director Sunjae Sharma said the recovery in the Indian market has picked up pace, and is being driven by domestic leisure travel.

The company will increase its total number of hotels to 50 by next year, up from 34 hotels at present.