Hotel Brands
Hyatt lowers RevPAR guidance despite ‘solid’ Q2
Net income hit $359m (£282m), while adjusted net income reached $158m (£124m) during the period
Hyatt Hotels has lowered its full year RevPAR guidance to a rise of between 3% and 4% on a constant currency basis, despite company-wide RevPAR rising by 4.7% during the second quarter as net rooms grew by about 4.6%.
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