Hyatt swings to £123m loss in Q3

Hyatt Hotels Corporation has reported that net loss attributable to the group was $161m (£123m) in the third quarter of 2020, down by 154.2% against the $296m (£227m) net income reported the prior year.
Join over 9,000 hotel professionals with a membership
Get unlimited access and stay in the know. First-year special offer pricing. Cancel any time.
You have read 2/2 free articles this month.
How many members should have access to the subscription?
Monthly
Yearly
Save £9.89
No, thanks
I already have an account
A weekly podcast produced by Hotel Owner, tailored for hoteliers and professionals navigating the dynamic world of hospitality. Join us as we delve into insightful conversations with industry experts, trailblazing entrepreneurs, and ambitious newcomers.
Hyatt Hotels Corporation has reported that net loss attributable to the group was $161m (£123m) in the third quarter of 2020, down by 154.2% against the $296m (£227m) net income reported the prior year.