Coronavirus pandemic guts hotel stay demand - data [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
Coronavirus pandemic guts hotel stay demand - data March 18 (Reuters) - Hotel revenue slumped globally in February as the coronavirus outbreak across the world led to travel bans and canceled vacations, with Hong Kong taking the biggest hit, according to analytics firm STR. Data from STR, which runs a benchmarking platform for over 68,000 registered chains, groups and individual properties, showed revenue per available room (RevPAR) - a key metric for the industry - in Hong Kong fell 85.9% in February from a year earlier and 82.2% in mainland China. Chinese-ruled Hong Kong city had already been reeling under disruptions caused by intense clashes since pro-democracy protests escalated in June last year. Interactive graphic tmsnrt.rs/33sqi4b on February RePAR The highly contagious novel coronavirus that has exploded into a global pandemic has forced major hotel operators including Hyatt Hotels, Marriott and IHG to offer waivers on cancellations and changes in bookings for travelers in s
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H
Earnings
- 10/31/24 - Beat
H
Sec Filings
- 12/17/24 - Form 4
- 12/16/24 - Form 4
- 12/16/24 - Form 4
- H's page on the SEC website