We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Hyatt (H) Opens Pacific Northwest's Largest Hotel in Seattle
Read MoreHide Full Article
The U.S. hotel industry has been benefiting from several factors like a strong economy, higher income, increased consumer confidence and a solid labor market. As people are steadfast on spending time with loved ones and keep looking for unique experiences at all price points, the companies in this space believe that the diverse portfolio of offerings will continue to meet the growing demand.
Leading hotelier, Hyatt Hotels Corporation (H - Free Report) is also undertaking various steps to cash in on this opportunity. Recently, the company announced the opening of Hyatt Regency Seattle, which is the largest hotel in the Pacific Northwest.
The 1,260-roomed hotel encompasses 103,000-square-feet of floor-to-ceiling windows, StayFit Fitness Center, 65-inch TVs and Technogym state-of-the-art cardio and strength equipment, among other amenities.
Backed by consistent efforts toward expanding its brands globally, Hyatt is gaining market share in the hospitality industry. Additionally, Hyatt’s aim to differentiate its brands from one another by providing distinct travel experiences lends it a competitive edge.
Hyatt also has expansion plans in diverse international markets, including Australia, Brazil, Germany, Indonesia and others. Internationally, the company’s new signings across its brands have consistently outpaced its hotel openings, and this trend is expected to continue in 2018.
During third-quarter 2018, Hyatt registered net room growth of 7.6% on a year-over-year basis, which marked the 14th successive quarter of growth above 6%. Also, the company’s development pipeline grew roughly 6% from the figure registered a year ago. For 2018, it expects to grow units by 6.5-7% (on a net room basis), reflecting 60 hotel openings.
Hyatt, which shares space with Extended Stay America, Inc. and Hilton Worldwide Holdings Inc. (HLT - Free Report) , carries a Zacks Rank #2 (Buy). In a year’s time, shares of Hyatt have lost 2.1% compared with the industry’s 20.6% decline.
Belmond has an impressive long-term earnings growth rate of 15%.
Will You Make a Fortune on the Shift to Electric Cars?
Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.
With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.
Image: Bigstock
Hyatt (H) Opens Pacific Northwest's Largest Hotel in Seattle
The U.S. hotel industry has been benefiting from several factors like a strong economy, higher income, increased consumer confidence and a solid labor market. As people are steadfast on spending time with loved ones and keep looking for unique experiences at all price points, the companies in this space believe that the diverse portfolio of offerings will continue to meet the growing demand.
Leading hotelier, Hyatt Hotels Corporation (H - Free Report) is also undertaking various steps to cash in on this opportunity. Recently, the company announced the opening of Hyatt Regency Seattle, which is the largest hotel in the Pacific Northwest.
The 1,260-roomed hotel encompasses 103,000-square-feet of floor-to-ceiling windows, StayFit Fitness Center, 65-inch TVs and Technogym state-of-the-art cardio and strength equipment, among other amenities.
Backed by consistent efforts toward expanding its brands globally, Hyatt is gaining market share in the hospitality industry. Additionally, Hyatt’s aim to differentiate its brands from one another by providing distinct travel experiences lends it a competitive edge.
Hyatt also has expansion plans in diverse international markets, including Australia, Brazil, Germany, Indonesia and others. Internationally, the company’s new signings across its brands have consistently outpaced its hotel openings, and this trend is expected to continue in 2018.
During third-quarter 2018, Hyatt registered net room growth of 7.6% on a year-over-year basis, which marked the 14th successive quarter of growth above 6%. Also, the company’s development pipeline grew roughly 6% from the figure registered a year ago. For 2018, it expects to grow units by 6.5-7% (on a net room basis), reflecting 60 hotel openings.
Hyatt, which shares space with Extended Stay America, Inc. and Hilton Worldwide Holdings Inc. (HLT - Free Report) , carries a Zacks Rank #2 (Buy). In a year’s time, shares of Hyatt have lost 2.1% compared with the industry’s 20.6% decline.
Key Pick
A top-ranked stock worth considering in the same space is Belmond Ltd. , which sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Belmond has an impressive long-term earnings growth rate of 15%.
Will You Make a Fortune on the Shift to Electric Cars?
Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.
With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.
It's not the one you think.
See This Ticker Free >>