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The rest of the year and quarter will see slower North American and international growth for Hyatt, and that'll continue to put pressure on its stock.
Skift | 12 years ago
There are few destinations left where travelers can’t brand-name hotels, which either provides the comforts of home or diminishes the novelty of travel depending on how you look at it.
Acquisitions ran rampant last year as operators that couldn’t keep up brand standards were dropped and then picked up by brands looking to renovate the space, or left to become individually owned.
Hyatt doesn’t seem phased by Unite Here’s growing movement to get guests to boycott the hotel, despite the union's history of uncanny successes in unlikely situations.
Naomi Wolf, The Guardian | 12 years ago
More in hotels trying to develop ancillary revenues, in this case smart use of space that may sit empty otherwise. Soho House in reverse, with a location right near Grand Central also helps too.
Luxury hotels, used to catering wealthy or business-oriented guests, are now offering princess pedicures and breakfast on pirate ships since happy kids equal happy parents, and happy parents rebook.
Hyatt is suspicious of the motives behind the impressively diverse group of unions boycotting, but they certainly can't ignore them. Especially the linebackers.
