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0 0 -0.00134507606084873 0.000480384307446066 -0.000288230584467494 0.00182546036829461 0.00509207365892724 0.00931945556445164
Stock impact report

Hyatt Hotels Corporation (H) is Leveraging Strategic Acquisitions for Long-Term Growth [Yahoo! Finance Canada]

Hyatt Hotels Corporation Class A (H) 
Last hyatt hotels corporation class a earnings: 2/19 04:30 pm Check Earnings Report
According to Cognitive Market Research, the size of the global hotel market was $784.82 billion in 2023 and is projected to grow to $1,126.04 billion by 2030. From 2023 to 2030, the hotel industry's compound annual growth rate is anticipated to be . Regionally, North America holds a substantial 30.66% market share, mostly because of the region's abundance of hotels and resorts. Recently, in Q2 2024, demand for hotels rose 1.3% year over year, above a 0.6% increase in supply and leading to a 0.7% increase in occupancy in the US. Secondly, a 2.2% year-over-year rise in Q2 2024 revenue per available room (RevPAR) was driven by higher occupancy combined with a 1.5% increase in average daily rate (ADR) YoY. The benefits were mostly due to two factors: the early Easter this year, which came in late Q1 2024 and contributed to higher business travel in the second quarter of this year compared to the previous year, and the complete solar eclipse, which encouraged more leisure travel through Show less Read more
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