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) Debuts Andaz Brand in Asia, Expansion on Track
Read MoreHide Full Article
Hyatt Hotels Corporation (H - Free Report) continues to expand presence globally. The company recently announced the opening of Andaz Bali, its first Andaz resort in Asia. Notably, Andaz Bali is located in Sanur, a picturesque seaside village.
Andaz Bali is 22-minute drive from Ngurah Rai International Airport, Sanur. Andaz Bali has 149 guestrooms, which includes 18 Garden Villas and four Beach Villas. David Udell, group president, Asia-Pacific, Hyatt said “Andaz Bali is our first Andaz resort in Asia, adding to the brand’s growing urban portfolio in the region which includes Seoul, Shanghai, Shenzhen, Singapore, Tokyo and Xiamen.”
Global Expansion to Offset Competition
Hyatt aims to differentiate its brands from one another by providing distinct travel experiences. The company is also consistently trying to strengthen presence worldwide and has expansion plans in the Asia-Pacific, Europe, Africa, the Middle East and Latin America.
It also recently announced the addition of The Anndore House to its JdV by Hyatt portfolio in Toronto. Notably, this marks the brands first hotel in Canada. Moreover, the company noted that the joining of The Walper Hotel is on track with an expected launch in May.
Going Forward, the company’s JdV by Hyatt brand expects to open El Capitan Hotel in Merced, CA; Mission Pacific Hotel in Oceanside, CA; Story Hotel Riddargatan and Story Hotel Signalfabriken in Stockholm as well as Story Hotel Studio Malmo in Malmo, Sweden.
We believe this will help the company to counter competition from the likes of Marriott International, Inc. (MAR - Free Report) , Hilton Worldwide Holdings Inc. (HLT - Free Report) and Choice Hotels International, Inc. (CHH - Free Report) . A glimpse of the company’s price trend reveals that it has outperformed the industry in the past six months. Shares of Hyatt have gained 52%, compared with the industry’s growth of 38.9%.
The COVID-19 outbreak has shifted consumer behavior dramatically, and a handful of high-tech companies have stepped up to keep America running. Right now, investors in these companies have a shot at serious profits. For example, Zoom jumped 108.5% in less than 4 months while most other stocks were sinking.
Our research shows that 5 cutting-edge stocks could skyrocket from the exponential increase in demand for “stay at home” technologies. This could be one of the biggest buying opportunities of this decade, especially for those who get in early.
Image: Bigstock
Hyatt (H) Debuts Andaz Brand in Asia, Expansion on Track
Hyatt Hotels Corporation (H - Free Report) continues to expand presence globally. The company recently announced the opening of Andaz Bali, its first Andaz resort in Asia. Notably, Andaz Bali is located in Sanur, a picturesque seaside village.
Andaz Bali is 22-minute drive from Ngurah Rai International Airport, Sanur. Andaz Bali has 149 guestrooms, which includes 18 Garden Villas and four Beach Villas. David Udell, group president, Asia-Pacific, Hyatt said “Andaz Bali is our first Andaz resort in Asia, adding to the brand’s growing urban portfolio in the region which includes Seoul, Shanghai, Shenzhen, Singapore, Tokyo and Xiamen.”
Global Expansion to Offset Competition
Hyatt aims to differentiate its brands from one another by providing distinct travel experiences. The company is also consistently trying to strengthen presence worldwide and has expansion plans in the Asia-Pacific, Europe, Africa, the Middle East and Latin America.
It also recently announced the addition of The Anndore House to its JdV by Hyatt portfolio in Toronto. Notably, this marks the brands first hotel in Canada. Moreover, the company noted that the joining of The Walper Hotel is on track with an expected launch in May.
Going Forward, the company’s JdV by Hyatt brand expects to open El Capitan Hotel in Merced, CA; Mission Pacific Hotel in Oceanside, CA; Story Hotel Riddargatan and Story Hotel Signalfabriken in Stockholm as well as Story Hotel Studio Malmo in Malmo, Sweden.
We believe this will help the company to counter competition from the likes of Marriott International, Inc. (MAR - Free Report) , Hilton Worldwide Holdings Inc. (HLT - Free Report) and Choice Hotels International, Inc. (CHH - Free Report) . A glimpse of the company’s price trend reveals that it has outperformed the industry in the past six months. Shares of Hyatt have gained 52%, compared with the industry’s growth of 38.9%.
Hyatt currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
These Stocks Are Poised to Soar Past the Pandemic
The COVID-19 outbreak has shifted consumer behavior dramatically, and a handful of high-tech companies have stepped up to keep America running. Right now, investors in these companies have a shot at serious profits. For example, Zoom jumped 108.5% in less than 4 months while most other stocks were sinking.
Our research shows that 5 cutting-edge stocks could skyrocket from the exponential increase in demand for “stay at home” technologies. This could be one of the biggest buying opportunities of this decade, especially for those who get in early.
See the 5 high-tech stocks now>>