Hyatt Updates 2020 Outlook Due to Evolving COVID-19 Impact
Hyatt Hotels Corporation Class A (H)
Last hyatt hotels corporation class a earnings: 2/19 04:30 pm
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Source: Business Wire
CHICAGO--(BUSINESS WIRE)--Hyatt Hotels Corporation (NYSE: H) today announced it is withdrawing its previously announced 2020 outlook and earnings sensitivity based on Greater China RevPAR due to the impact on travel demand outside of Greater China, in part as a result of new corporate travel restrictions in North America and Europe, as well as near-term cancellations outside of Greater China, as a result of the COVID-19 outbreak.Mark S. Hoplamazian, president and chief executive officer, said, “We are very proud of what our colleagues in the Hyatt family are doing to provide care for our guests, customers, hotel owners, and the communities in which our hotels operate, as the impact of COVID-19 continues to be felt in an increasing number of communities around the world. It is in these types of circumstances that our purpose – to care for people so they can be their best – has the greatest impact.”“This is an evolving situation, and our ability to assess the financial impact of COV
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Earnings
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Sec Filings
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- 11/19/24 - Form 424B2
- 11/18/24 - Form FWP
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