Stock decline doesn’t dissuade Hyatt analysts
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By Xuanyan Ouyang Hyatt Hotels Corp. is facing headwinds under the influence of the recent market slide, but analysts are expressing optimism about the year ahead. The Chicago-based company, which owns, operates, manages, franchises and licenses hotels, resorts branded residences and vacation properties as well as provides hospitality services, has a portfolio of 627 properties […]
Hyatt’s earning land just short of analyst estimates
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By Xiumei Dong Hyatt Hotels Corp. turned in fourth-quarter earnings that, while slightly below analyst forecasts, underscored how the hotel chain is currently benefiting from having a smaller international presence than its rivals. Net income dropped to $37 million, or 26 cents per share, from $182 million, or $1.20 per share, in the year-ago quarter. […]