asset disposition
Hyatt Shares Operating Update, Summer Travel Booking Trends, and Closes on Asset Dispositions
Hyatt Hotels Corporation | June 6, 2022
System-wide RevPAR Accelerates in May; Future Bookings Continue to Strengthen CHICAGO (June 6, 2022) - In conjunction with the start of the NYU International Hospitality Industry Investment Conference, Hyatt Hotels Corporation ("Hyatt" or the "Company") (NYSE: H) is pleased to share an update on operating results for May, summer travel booking trends, and confirmation of the closing of previously announced asset dispositions. “We are delighted that we closed on the last of four previously announced owned hotel dispositions. In total, these four dispositions generated $812 million in gross proceeds and demonstrate meaningful and e...
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