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Stock impact report

Hyatt to Advance Leadership Role in Luxury and Lifestyle With Over 50 Hotel Openings Planned in Next Two Years [Yahoo! Finance]

Hyatt Hotels Corporation Class A (H) 
Last hyatt hotels corporation class a earnings: 2/19 04:30 pm Check Earnings Report
Company Research Source: Yahoo! Finance
CHICAGO, December 04, 2024 BUSINESS WIRE Hyatt Hotels Corporation (NYSE: H) today showcased during ILTM Cannes, the world's leading luxury travel trade show, an impressive pipeline of over 50 luxury and lifestyle hotels set to open worldwide by 2026. Luxury travel demand surged in 2023 and continues to rise and with Savills forecasting a 52.8% increase in Europe's existing luxury hotel stock by 2028, highlighting strong investor confidence in the segment's long-term growth potential. With 70% of Hyatt's global rooms categorized as luxury and upper upscale and Hyatt having expanded this portfolio by an impressive 28 luxury hotels and resorts in the past three years and doubled its luxury room count since 2017, Hyatt is perfectly positioned to seize this opportunity both globally and in the priority growth market of Europe. The lifestyle hotel segment is similarly thriving, driven by experience-focused offerings that appeal to new generations of travelers. Hyatt has established a s Show less Read more
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