H earnings call for the period ending June 30, 2020.
News & Analysis: Hyatt Hotels
The company also has ample liquidity and has resumed opening new hotels.
The sector fell on concerns about a second wave of coronavirus infections.
Shares of Marriott, Hyatt, TripAdvisor, and Expedia are all up on positive macroeconomic news.
Good news on multiple fronts lifted sector stocks.
The company’s recovery from the coronavirus is slow and difficult.
The three-day vacations will be in both the U.S. and the Caribbean.
H earnings call for the period ending December 31, 2019.
Some investors bet on a quick rebound ahead for the hotel industry.
Positive news on the novel coronavirus brings hope for an end to the recession.