Back to top

Analyst Blog

In a bid to expand its presence in the promising Latin American market, Chicago, Illinois-based, leading global hotel chain, Hyatt Hotels Corp. (H - Snapshot Report) recently launched an Andaz-branded property in Guanacaste, Costa Rica. The five-star property, named Andaz Peninsula Papagayo, marks the debut of the brand in the country.

Andaz Peninsula Papagayo is strategically positioned at the Peninsula Papagayo in the northwest Pacific coast and is in close proximity to the Bay of Culebra. Reputed for its scenic beauty and cultural heritage, Costa Rica is an attractive tourist destination. Travelers staying at Andaz Peninsula Papagayo will be able to enjoy the view of the ocean as well as the forest.

We expect the strategic position, wide range of amenities offered at the 127-room hotel and its contemporary ambience to create a strong guest base, going ahead.

Hyatt has set a trend in hotel designs with the luxury boutique brand Andaz which has spread its operations globally with 11 hotels across four countries since its launch in 2007. It is currently on a high growth trajectory.

With the rise of the affluent middle-class population in Latin America, the inclination to spend on travel and leisure has somewhat risen. Apart from tourism, the region is also successfully emerging as a business hub. In fact, the select service segment in Latin America remains fairly underserved. All these factors justify Hyatt’s decision to have one of the largest hotel development pipelines in the region.

Hyatt presently has a Zacks Rank #3 (Hold). Some better-ranked stocks in the hotels sector include Orient-Express Hotels Ltd. , Home Inns & Hotels Management Inc. (HMIN - Snapshot Report) and Wyndham Worldwide Corporation (WYN - Analyst Report). All these companies sport a Zacks Rank #1 (Strong Buy).

Please login to Zacks.com or register to post a comment.

New to Zacks?

Start Here

Zacks Investment Research

Close

Are you a new Zacks Member or a visitor to Zacks.com?

Top Zacks Features

My Portfolio Tracker

Is it Time to Sell?

One of the most important steps you can take today is to set up your portfolio tracker on Zacks.com. Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
RPC INC RES 24.91 +8.35%
LITHIA MOTO… LAD 94.59 +4.60%
DELTA AIR L… DAL 39.15 +3.90%
FLAMEL TECH… FLML 14.51 +3.50%
SOUTHWEST A… LUV 28.87 +2.92%