Hyatt Reports First-Quarter 2019 Results
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Hyatt Hotels (H) Tops Q1 EPS by 17c, Comp. RevPAR Up 2.7%; Provides FY19 Outlook
May 1, 2019 4:47 PM EDTHyatt Hotels (NYSE: H) reported Q1 EPS of $0.45, $0.17 better than the analyst estimate of $0.28.
Mark S. Hoplamazian, president and chief executive officer of Hyatt Hotels Corporation, said, "We had a strong start to the year, highlighted by continued growth of management and franchising fees. The integration of the Two Roads brands remains on track and is expected to fuel future growth in our managed and franchised business. We are pleased to see continued demand for our brands among developers which drove sequential expansion of our pipeline of executed contracts even as we maintained... More
