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HYATT HOTELS (H) Stocks

ABOUT HYATT HOTELS

📊 Hyatt Hotels Corporation is a hospitality company. Its portfolio includes vacation properties, luxury hotels and resorts.

📊 The company has more than nearly 900 properties located in 60 countries across 6 continents. Hyatt Hotels Corporation is a global leader and well-known for its 19 premier brands, some of which is Alila, Grand Hyatt, Park Hyatt, The Unbound Collection by Hyatt, Thompson Hotels, Exhale, World of Hyatt and Miravel.

📊 Hyatt Hotels Corporation is a Russell 1000 component.

📊 The company employs approximately 45 000 people and is headquartered in Chicago, Illinois, United States.

HISTORY OF HYATT HOTELS

  • In 1954 the Hyatt House is opened by Hyatt Robert von Dehn and Dyer Crouch. It operates as a motel in Los Angeles near LAX.

  • In 1957 Jay Pritzker buys it for a price of $ 2.2 million.

  • During the next two years another two motels are opened in San Francisco and Seattle, both near major airports. The Regency Hyatt House is opened in 1967 in Atlante, Georgia.

  • Its first international hotel is opened in 1969 in Hong Kong. In 1972 the company creates a subsidiary, Elsinore Corporation.

  • Several brands are introduced during the following years such as Park Hyatt and Grand Hyatt.

  • The company starts operating resort hotels in 1980 and it buys numerous more hotels.

  • In 2009 the company changes its name to Hyatt Hotels Corporation.

  • The same year it starts trading on the New York Stock Exchange and the company adds hundreds of hotels to its portfolio in the following years.

VISION & VALUES OF HYATT HOTELS

  • Hyatt Hotels Corporation’s purpose is to care for people and create a positive experience.

  • The company’s vision is to create a world of care and understanding for its guests and other people it comes into contact. Its mission is to deliver high earnings to shareholders.

  • The company values humility, respect, integrity, creativity, empathy and fun.

  • The company is always on the lookout for new opportunities that will improve itself. In 2018 the company is ranked #186 on Fortune magazine’s list of America’s Best Employers.

MARKET PERFORMANCE OF HYATT HOTELS

  • Hyatt Hotels Corporation trades on the New York Stock Exchange under the NYSE stock symbol H.

  • Data analysis for the company’s quarterly period ending June 30, 2019 reports total revenues of $ 1,289 million. Net income attributable to Hyatt Hotels Corporation is $ 86 million.

  • Total assets are $ 8,082 million. Cash and cash equivalents are $ 515 million. Restricted cash is $ 32 million. For the six months ending June 30, 2019 the company reports net cash provided by operating activities of $ 95 million.

  • Net cash used in financing activities are $ 143 million. Dividends paid are $ 40 million.

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