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Hyatt Hotels Corporation Announces Q3 Results · RevPAR Growth

The Motley Fool +1 · ·by G4L

H
H Hyatt Hotels Corp
$187.70 +0.26%
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  1. 1Hyatt Hotels Corporation recorded a 7.2% RevPAR growth across the Hyatt system in the third quarter.
  2. 2The Hyatt portfolio achieved a 100bp increase in market share compared to the beginning of the year.
  3. 3World of Hyatt membership grew by 19% year-over-year, reaching 72 million World of Hyatt members.

So what's the key point?

Hyatt Hotels Corporation increased revenue per available room by 7.2% and also grew its market share. Membership numbers also rose significantly, indicating business growth.

Source The Motley Fool +1 · View original ↗

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