Hyatt Hotels (H) Boosts Presence With Two New Orleans Hotels

Zacks06-27

Hyatt Hotels Corporation H expands its brand presence in New Orleans with the addition of Maison Métier and The Barnett to its portfolio as affiliated hotels. Owned by The Domain Companies and managed...

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Owned by The Domain Companies and managed...</p>\n\n<a href=\"https://finance.yahoo.com/news/hyatt-hotels-h-boosts-presence-165400868.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"RCL","symbol_name":"皇家加勒比邮轮","start_time":0,"source_url":"https://finance.yahoo.com/news/hyatt-hotels-h-boosts-presence-165400868.html","article_id":"2446231212","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/.LhGDOdnYNP2mYKNAZhTsw--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/e55f284d49d0e58e9fe35e3cd9f8bf42"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2446231212","pubTimestamp":1719420840,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Hyatt is consistently trying to expand its presence worldwide and has further expansion plans in Asia-Pacific, Europe, Africa, the Middle East and Latin America. Expansion in these markets would help the company gain market share in the hospitality industry, boosting business.During the first quarter of 2024, Hyatt added 12 new hotels  to its portfolio. Notable openings included Thompson Houston, Secrets Tides Punta Cana, Secrets Playa Blanca Costa Mujeres, five UrCove properties in China, and Hyatt Regency Nairobi Westlands, which marked the company’s first hotel in Kenya. As of Mar 31, 2024, it had a pipeline of executed management or franchise contracts for approximately 670 hotels . The company anticipates net room growth in the range of 5.5-6% year over year in 2024.Shares of the company have gained 15.1% in the past six months compared with the Zacks Hotels and Motels industry’s 10.9% growth. The company is benefiting","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"RCL":"皇家加勒比邮轮","LU2517655374.HKD":"WELLINGTON NEXT GENERATION EDUCATION \"A\" (HKD) ACC","BK4566":"资本集团","BK4517":"邮轮概念","LU2517655028.SGD":"WELLINGTON NEXT GENERATION EDUCATION \"A\" (SGDHDG) ACC","BK4142":"酒店、度假村与豪华游轮","BK4150":"赌场与赌博","BK4204":"教育服务","BK4588":"碎股","H":"凯悦酒店","AGS":"Playags Inc.","BK4585":"ETF&股票定投概念","LU2517655291.USD":"WELLINGTON NEXT GENERATION EDUCATION \"A\" (USD) ACC","ATGE":"DeVry Education Group Inc"},"translate_title":"凯悦酒店(H)通过两家新奥尔良酒店扩大影响力","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AGS":1,"ATGE":1,"H":1,"RCL":1},"content_text":"Hyatt Hotels Corporation H expands its brand presence in New Orleans with the addition of Maison Métier and The Barnett to its portfolio as affiliated hotels. Owned by The Domain Companies and managed by HRI Hospitality, these properties will join Hyatt’s Independent Collection and are expected to participate in the World of Hyatt loyalty program this year.The company's Independent Collection brands feature unique properties, each offering distinctive brands and experiences. These range from storied hotels and vibrant neighborhood locales to immersive retreats. Each property enhances the modern traveler's experience in a unique and exciting way. Hyatt's growth is driven by the leisure and lifestyle segment. This expansion in the New Orleans market highlights its commitment to strategic growth in key destinations for Hyatt guests and World of Hyatt members.Situated on Carondelet Street, just one block from New Orleans’ Lafayette Square, these two properties will soon offer unique guest experiences, stylish accommodations and bold food and beverage options.Maison Métier, formerly Maison de la Luz, is a Parisian luxury guesthouse with 67 lavish rooms. It blends historic architecture with modern design and is expected to join The Unbound Collection by Hyatt in 2024. The hotel's salon-style bar, formerly known as Bar Marilou, continues its partnership with Paris-based Quixotic Projects, offering culinary delights and creative cocktails.The Barnett, formerly Ace Hotel New Orleans, honors its history as Barnett’s Furniture Store. It features Art Deco and French Modernism influences and is expected to join JdV by Hyatt in 2024. Located in the Warehouse District, it offers a live music venue and revamped culinary spaces. These include the former mainstay Italian restaurant Josephine Estelle, rooftop and pool bar Alto and music venue Three Keys. The Seaworthy restaurant will remain under the same brand and culinary leadership.\nFocus on Expansion Bodes Well\nHyatt is consistently trying to expand its presence worldwide and has further expansion plans in Asia-Pacific, Europe, Africa, the Middle East and Latin America. Expansion in these markets would help the company gain market share in the hospitality industry, boosting business.During the first quarter of 2024, Hyatt added 12 new hotels (or 2,425 rooms) to its portfolio. Notable openings included Thompson Houston, Secrets Tides Punta Cana, Secrets Playa Blanca Costa Mujeres, five UrCove properties in China, and Hyatt Regency Nairobi Westlands, which marked the company’s first hotel in Kenya. As of Mar 31, 2024, it had a pipeline of executed management or franchise contracts for approximately 670 hotels (or about 129,000 rooms). The company anticipates net room growth in the range of 5.5-6% year over year in 2024. \nImage Source: Zacks Investment Research\nShares of the company have gained 15.1% in the past six months compared with the Zacks Hotels and Motels industry’s 10.9% growth. The company is benefiting from the consistent focus on an asset-light model initiative and footprint expansion plans in new and existing markets accompanied by strategic partnerships.\nZacks Rank & Key Picks\nHyatt Hotels currently carries a Zacks Rank #3 (Hold).Here are some better-ranked stocks from the Consumer Discretionary sector.Royal Caribbean Cruises Ltd. RCL currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks Rank #1 stocks here.RCL has a trailing four-quarter earnings surprise of 18.3%, on average. The stock has gained 58.5% in the past year. The Zacks Consensus Estimate for RCL’s 2024 sales and earnings per share (EPS) implies growth of 16.8% and 64%, respectively, from the year-ago levels.PlayAGS, Inc. AGS presently sports a Zacks Rank of 1. AGS has a trailing four-quarter earnings surprise of 33.3%, on average. The stock has hiked 102.7% in the past year.The consensus estimate for AGS’s 2024 sales and EPS implies growth of 6.5% and 3,000%, respectively, from the year-ago levels.Adtalem Global Education Inc. ATGE currently sports a Zacks Rank of 1. ATGE has a trailing four-quarter earnings surprise of 18.8%, on average. The stock has surged 92.5% in the past year.The Zacks Consensus Estimate for ATGE’s fiscal 2025 sales and EPS indicates an increase of 5.3% and 16.6%, respectively, from year-ago levels.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nHyatt Hotels Corporation (H) : Free Stock Analysis Report\nRoyal Caribbean Cruises Ltd. (RCL) : Free Stock Analysis Report\nAdtalem Global Education Inc. (ATGE) : Free Stock Analysis Report\nPlayAGS, Inc. (AGS) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.24.2","shortVersion":"4.24.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2446231212"}