Hyatt (H) Unveils Strong Growth Plans for 2024 and Beyond
HHyatt(H) Zacks Investment Research·2024-01-23 03:50

Hyatt Hotels Corporation (H) unveiled its growth strategy for 2024 and beyond, citing a remarkable year in 2023 with record deal signings. The company's commitment to becoming the preferred brand for guests, customers and owners resulted in a substantial pipeline of 127,000 rooms worldwide as of the end of 2023.This record-breaking pipeline, representing nearly 40% of its existing portfolio, is expected to drive future earnings in an asset-light manner.The company strategically expanded its portfolio, prior ...