Stock decline doesn’t dissuade Hyatt analysts
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
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. […]
