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The Latest Breaking News from Hyatt

Night of the hurried U-turn: how Truss and Kwarteng dumped their tax cut

Even as Liz Truss was being toasted for her tax-cutting boldness, the PM and chancellor were bowing to clamour to reverse course

The Guardian - UK

3 Hotel REITS With The Highest Upside, According To Analysts

Almost every sub-sector of REITs has been hit hard in 2022 as inflation and recession worries have taken their toll on markets. Hotel REITs have been one of the worst REIT performers during this time. Many in the group are down 40% or more and several of these hotel REITs…

Benzinga

Long gone, the Purple Hotel gets a successor that’s not off-color

The construction project in Lincolnwood promises apartments, hotels and retailers, including an Amazon Fresh store.

Chicago Sun-Times

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Powerful Politicians Fighting For Cannabis: A Hyatt Family Billionaire Is In Strong Company

Regulations are a huge problem for the US cannabis industry as marijuana remains illegal at the federal level, forcing those involved to work around the many hurdles. Fortunately, more and more influential people are joining the effort to help bring about change. We call them friends of the industry.

Benzinga

Apps turning restaurant leftovers into cheap meals take off

With a tantalising array of satay chicken, wok-fried mud crab and chilled tiger prawns, the dinner buffet at Singapore’s Grand Hyatt hotel typically sets diners back about US$70. Those on a tighter budget and with an eye on sustainability can fill a box for a 10th of that price.

Bangkok Post

Students bring beautiful blooms to Canberra icon

The students are thrilled to be working with a real client.

The Canberra Times

Work under way on £62m 12-storey Hyatt hotel in Leeds ahead of 2024 opening

GMI Construction Group says 190 jobs have been created in construction of hotel

Birmingham Post

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349-bed Edinburgh hotel with training school and offices to be built in West End

The construction of the site is set to start as soon as possible with the Edinburgh International Conference Centre to manage the venue on behalf of Hyatt.

Edinburgh Live

Edinburgh will host hotel giant Hyatt's first Scottish location in Haymarket

The hotel giant announced that they are going to launch their first Scottish location in Edinburgh, in association with the Edinburgh International Conference Centre

Edinburgh Live

Hyatt Picks This Apple Leisure Group Executive To Succeed Long-Serving Peter Fulton

Hyatt Hotels Corp (NYSE:H) has appointed Javier Águila as the group President for Europe, Africa & Middle East (EAME) region. Águila succeeds Peter Fulton, who is slated to retire after a 39-year career at Hyatt. Águila will officially assume the role in the next several months. Águila is an internal successor, hailing from Apple Leisure…

Benzinga

Hyatt to open first Scottish hotel in Edinburgh

The Edinburgh International Conference Centre has also taken on management of Convention Edinburgh

Insider UK

2022 is the year of all-inclusive travel, and here’s why

Many major hotel chains are embracing all-inclusive offerings

The Independent UK

2022 is the year of all-inclusive travel, and here’s why

Many major hotel chains are embracing all-inclusive offerings

The Independent UK

Hyatt Hotels Q1 Earnings Top Estimates; RevPAR Strengthens Further In April

Hyatt Hotels Corp (NYSE:H) reported first-quarter FY22 revenues of $1.27 billion, beating the consensus of $1.1 billion. Comparable system-wide RevPAR increased 107% to $93.98. System-wide Net Rooms Growth was 18.6%. Selling, general, and administrative expenses increased 16.8% to $111 million. The company held $1.3 billion in cash and equivalents as of March…

Benzinga

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Chicago Tribune

Proposed class-action lawsuit alleges pay, tip violations by Hyatt Hotels

A former Chicago Athletic Association employee said in a recent federal lawsuit he and others were stiffed on overtime pay and tips by Hyatt Hotels.

StockNews.com

Steer Clear of These 5 Travel & Tourism Stocks as Oil Skyrockets

The oil & gas market has been volatile recently, given the Russia-Ukraine war. This week, U.S. oil prices briefly surpassed the $130 per barrel mark. Rising energy prices might pose a significant headwind for the travel and tourism industry. Therefore, we think the stocks of fundamentally bleak travel and tourism…

Asharq Al-Awsat

6 Ways Technology is Evolving Travel in 2022

For the athletes at the 2022 Winter Olympics in Beijing, travel entailed … robots. Everywhere. These machines prepared and served noodles, rice and burgers, and roamed hallways to take the temperatures of passersby. They even passed the Olympic flame underwater. Yet even if you’re not an Olympian, your travels these…

The Independent UK

6 ways technology is evolving travel in 2022

Driven in part by pressure for contactless interactions during the pandemic, technology is rapidly evolving in the travel industry

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Benzinga

Hyatt Plans To Launch Two New Hotels In UK

Hyatt Hotels Corp (NYSE:H) said its affiliate has entered into management agreements with Stratford City Hotels Limited, a wholly-owned subsidiary of M&L Hospitality, for Hyatt Regency London Stratford and Hyatt House London Stratford. The 225-room Hyatt Regency London Stratford and the 127-room Hyatt House London Stratford are expected to open in Q2 2022.…

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