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Hyatt Hotels Corp (H.N)

H.N on New York Stock Exchange

54.44USD
20 Jan 2017
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Latest Key Developments (Source: Significant Developments)

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

Hyatt Hotels Corp appoints interim chief financial officer
Monday, 20 Apr 2015 04:43pm EDT 

Hyatt Hotels Corp:Announced the selection of Atish Shah as Senior Vice President, Interim Chief Financial Officer, pending the company's selection of a permanent Chief Financial Officer.  Full Article

Hyatt Hotels Corp gives FY 2015 revenue outlook above analysts' estimates - Conference Call
Wednesday, 18 Feb 2015 11:30am EST 

Hyatt Hotels Corp:Says group revenue pace remains strong for FY 2015, up slightly over 7 pct.Reported revenue of $4.415 bln in FY 2014.FY 2015 revenue of $4.575 bln - Thomson Reuters I/B/E/S.  Full Article

Hyatt Hotels Corporation announces sale of Hyatt Regency Indianapolis
Monday, 2 Feb 2015 05:15pm EST 

Hyatt Hotels Corporation:Says that a Hyatt affiliate has sold the 499-room Hyatt Regency Indianapolis to a private equity joint venture for about $71 mln.Joint venture members include Silverpeak Real Estate Partners, a privately held real estate investment advisory business, and executives of Davidson Hotels & Resorts.Purchaser intends to spend about $4 mln in additional capital expenditures over the next three years.  Full Article

BRIEF-HYATT HOTELS SAYS ACQUIRED MIRAVAL GROUP FROM AN AFFILIATE OF KSL CAPITAL PARTNERS

* HYATT ACCELERATES GROWTH STRATEGY INTO ADJACENT SPACES WITH ACQUISITION OF WELLNESS LEADER MIRAVAL GROUP