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Hyatt Hotels Corp (H.N)

H.N on New York Stock Exchange

55.33USD
24 Apr 2017
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Latest Key Developments (Source: Significant Developments)

Hyatt Hotels Corp reports 12.3 pct stake in Playa Hotels & Resorts as of March 11
Tuesday, 21 Mar 2017 05:25pm EDT 

Hyatt Hotels Corp :Hyatt Hotels Corp reports 12.3 percent stake in Playa Hotels & Resorts N.V. as of March 11 - sec filing.  Full Article

Hyatt announces redemption of $290 million Playa preferred stock investment
Thursday, 16 Mar 2017 07:25am EDT 

Hyatt Hotels Corp : Hyatt announces redemption of $290 million Playa preferred stock investment; commences $300 million accelerated share repurchase; updates 2017 outlook . Hyatt Hotels Corp - 2017 net income is expected to be approximately $130 million to $166 million .Hyatt Hotels - entered accelerated share repurchase agreement with affiliate of Deutsche Bank AG to repurchase $300 million of Hyatt's class A common stock.  Full Article

Morgan Stanley reports 5.1 pct passive stake in Hyatt Hotels
Friday, 3 Mar 2017 04:56pm EST 

Hyatt Hotels Corp :Morgan stanley reports a 5.1 percent passive stake in Hyatt Hotels Corp as of Feb 22, 2017 - SEC filing.  Full Article

Hyatt Hotels says Q4 EPS of $0.31
Thursday, 16 Feb 2017 07:30am EST 

Hyatt Hotels Corp : Hyatt reports fourth quarter 2016 results . Q4 adjusted earnings per share $0.29 . Q4 earnings per share $0.31 . Q4 earnings per share view $0.28 -- Thomson Reuters I/B/E/S . Says expects systemwide REVPAR growth of 0-2 percent in 2017 . Qtrly comparable U.S. hotel REVPAR increased 2.4 pct . Sees 2017 adjusted EBIDA growth of approximately 3-7 percent in constant currency . FY 2017 net income is expected to be approximately $94 million to $129 million . Says company expects to open approximately 60 hotels in 2017 . Sees 2017 net income is expected to be approximately $94 million to $129 million. . Sees FY 17 capital expenditures are expected to be approximately $430 million . FY 2017 capital expenditures are expected to be approximately $430 million .Sees 2017 capital expenditures are expected to be approximately $430 million.  Full Article

HYATT HOTELS SAYS ACQUIRED MIRAVAL GROUP FROM AN AFFILIATE OF KSL CAPITAL PARTNERS
Wednesday, 18 Jan 2017 12:00pm EST 

Hyatt Hotels Corp : HYATT ACCELERATES GROWTH STRATEGY INTO ADJACENT SPACES WITH ACQUISITION OF WELLNESS LEADER MIRAVAL GROUP . HAS ACQUIRED MIRAVAL GROUP FROM AN AFFILIATE OF KSL CAPITAL PARTNERS, LLC . EXPECTS TO INVEST AN ADDITIONAL $160 MILLION OVER NEXT TWO TO THREE YEARS TO FUND EXPANSION OF TUCSON RESORT AMONG OTHERS . TRANSACTION ALSO INCLUDES ACQUISITION OF MIRAVAL LIFE IN BALANCE SPA BRAND . COMPANY EXPECTS THE INVESTMENTS TO BE MARGINALLY ACCRETIVE TO ADJUSTED EBITDA IN 2017 AND 2018 . ACQUISITION INCLUDES AN INITIAL INVESTMENT OF $215 MILLION FOR MIRAVAL BRAND AND RESORTS IN TUCSON AND AUSTIN .SAYS WILL FUND DEAL WITH CURRENT OPERATING CASH FLOWS, PROCEEDS FROM SALE OF EXISTING ASSETS, CONSISTENT WITH CO'S ASSET RECYCLING PROGRAM.  Full Article

Hyatt Hotels announces new authorization of $250 mln in share repurchases
Tuesday, 13 Dec 2016 04:05pm EST 

Hyatt Hotels Corp : Hyatt Hotels Corp - has repurchased $2.2 billion of shares from stockholders since 2011, including $268 million repurchased in 2016 through November 3 .Hyatt Hotels Corp announces new authorization of $250 million in share repurchases.  Full Article

Hyatt reports Q2 adjusted earnings per share $0.64
Tuesday, 2 Aug 2016 07:30am EDT 

Hyatt Hotels Corp : Q2 adjusted earnings per share $0.64 . Q2 earnings per share $0.49 . Q2 earnings per share view $0.47 -- Thomson Reuters I/B/E/S . Q2 comparable systemwide REVPAR increased 2.3 percent, including an increase of 4.5 percent at comparable owned and leased hotels . Q2 comparable U.S. hotel REVPAR increased 4.2 percent .FY comparable systemwide REVPAR is expected to increase about 2 percent to 3 percent.  Full Article

Hyatt Hotels Corp appoints Patrick Grismer CFO
Thursday, 11 Feb 2016 07:30am EST 

Hyatt Hotels Corp:Announces Patrick Grismer as new chief financial officer.Says Grismer joins Hyatt from his post as chief financial officer at Yum Brands!.  Full Article

Hyatt Hotels Corp attacked with payment-card stealing malware - Reuters
Wednesday, 23 Dec 2015 10:24pm EST 

Hyatt Hotels Corp:Hyatt Hotels Corp said on Wednesday that its payment processing system was infected with credit-card-stealing malware in an attack discovered three weeks ago, the latest in a series of breaches at hospitality firms - RTRS.Company spokeswoman Stephanie Sheppard said in an email late on Wednesday that the attack was discovered on Nov. 30 - RTRS.She did not say if the attackers succeeded in stealing payment card numbers, how long its network was infected or how many of the chain's 627 hotels were affected. - RTRS."Customers should review their payment-card account statements closely and report any unauthorized charges to their card issuer immediately," she said. - RTRS.Hyatt, controlled by the billionaire Pritzker family, is the fourth major hotel operator to warn of a breach since October. - RTRS.FireEye Inc FEYE.O said that Hyatt had hired it to help the company investigate the attack - RTRS.  Full Article

More From Around the Web

Hyatt heir Pritzker opens Democratic bid to unseat Illinois governor

CHICAGO Billionaire investor J.B. Pritzker, heir to the Hyatt Hotels Corp fortune, formally entered a growing Democratic field for Illinois governor on Thursday, labeling Republican Bruce Rauner a "failure" as the state's chief executive.