Cancelled bookings, empty rooms: coronavirus takes toll on tourism [Reuters]
Hyatt Hotels Corporation Class A (H)
Last hyatt hotels corporation class a earnings: 2/19 04:30 pm
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Source: Reuters
Canceled bookings, empty rooms: coronavirus takes toll on tourism MILAN/LONDON/PARIS (Reuters) - Venice hotelier Judith Boulbain has to go back almost two decades to the 9/11 attacks to recall a time when business was this bad. Only a month before Easter, one of the busiest holidays in the European calendar, the owner of the Hotel San Samuele in the heart of Venice has seen more than 80% of reservations canceled, and future bookings have evaporated. The coronavirus, which emerged in the central Chinese city of Wuhan late last year, has spread around the world, with more new cases now appearing outside China than inside. Italy is the worst-hit country in Europe, preparing to close schools, cinemas and theaters after more than 100 people died and confirmed coronavirus cases rose above 3,000. “People are scared, some left early, others didn’t show up, others called to ask for a refund,” says Boulbain, 46, originally from France, who has been running the Italian hotel since 2006 and has b
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H
Earnings
- 10/31/24 - Beat
H
Sec Filings
- 11/20/24 - Form 8-K
- 11/19/24 - Form 424B2
- 11/18/24 - Form FWP
- H's page on the SEC website