Back to top

Analyst Blog

One of Hyatt Hotels Corporation’s (H - Snapshot Report) upscale brands, HYATT house, recently made its debut in Georgia with the opening of a hotel in Atlanta. Christened HYATT house Atlanta/Cobb Galleria – the new property was developed and unveiled by Noble Investment Group and Interstate Hotels & Resorts.

HYATT house Atlanta/Cobb Galleria is ideally positioned at the juncture of Cobb Galleria’s Interstate-75 and Interstate-285 in Northwest Corridor, Atlanta. The hotel lies in close proximity to One Overton Park Galleria, Life University and Cobb Galleria Centre.

HYATT house Atlanta/Cobb Galleria featuring 149 guestrooms and suites, also has meeting space measuring 2,000 square feet. The resort will offer various other amenities like restaurants, swimming pools, spa and a fitness center.

Atlanta, the capital of Georgia, is home to the world's largest home improvement retailer, The Home Depot, Inc.(HD - Analyst Report). Other big companies like IBM (IBM - Analyst Report) and General Electric Company (GE - Analyst Report) also have their offices here. Hence, Atlanta is of strategic importance for a hotel company as it is an important destination for business travelers. HYATT house Atlanta/Cobb Galleria, which is easily accessible from various corporate hubs and social centers, will likely create a strong guest base, going ahead.

Introduced in 2012, the company’s HYATT house brand was previously known as Hyatt Summerfield Suites and Hotel Sierra. It comprises small-to-mid sized residential-type contemporary hotels. As of now, nearly 54 unique properties are currently under the HYATT house brand spread throughout 50 locations in the U.S.

HYATT house boasts prestigious hotels such as HYATT house Charlotte Airport, North Carolina, HYATT house Hartford North/Windsor, Connecticut and HYATT house Chicago/Naperville/Warrenville, Ill. As a part of the Hyatt group, these properties get to reap the benefits of its much greater scale in the industry.

Hyatt currently carries a Zacks Rank #3 (Hold).

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
UTD THERAPE… UTHR 117.83 +28.51%
TRIQUINT SE… TQNT 20.67 +6.52%
RF MICRO DE… RFMD 12.47 +6.04%
VASCO DATA… VDSI 14.77 +4.68%
BANCO DO BR… BDORY 15.53 +3.95%