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March 18, 2014
09:04 EDTHHyatt trying to be more transparent to narrow discount to peers, FT says
Hyatt shares trade at a discount to its peers, with the company’s family controlled structure and history of poor communication with Wall Street partly to blame, but the company is trying to be more transparent and last week hosted its first investor day after almost 60 years in business, reported Financial Times. CEO Mark Hoplamazian, who is facing intense competition from larger rivals and independent operators alike, has invested heavily in destinations and plans to open a super-luxury location this August in Manhattan, the report noted. Reference Link
News For H From The Last 14 Days
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June 29, 2015
05:57 EDTHHyatt and Wyndham invest in Airbnb rivals, Financial Times reports
Hyatt (H) was revealed to be among a group of investors to join a fundraising round for Onefinestay, an upmarket competitor to Airbnb, reports the Financial times. According to two people familiar with the matter, Wyndham Hotels (WYN) has also taken a stake in another London-based startup called LoveHomeSway, a subscription service that allows homeowners to swap their homes. Reference Link
June 18, 2015
10:01 EDTHOn The Fly: Analyst Initiation Summary
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05:43 EDTHHyatt initiated with a Buy at Brean Capital
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