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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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September 18, 2014
17:29 EDTHHyatt Hotels announces sale of 38 select service hotels for $590M
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September 9, 2014
07:02 EDTHCoach names Gebhard Rainer as president and COO, effective September 29
Coach (COH) announced the appointment of Gebhard Rainer, as President and COO, effective September 29. Rainer joins Coach from Hyatt Hotels Corporation (H), where he most recently held the position of Executive Vice President and CFO. Rainer is filling a position that has been vacant since September 2013.
September 8, 2014
16:57 EDTHHyatt Hotels CFO Rainer to step down, effective September 26
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