Hyatt Hotels Corporation (NYSE:H) shares are trading higher on Thursday.The company reported second-quarter adjusted earnings per share of 68 cents, beating the analyst consensus estimate of 65 cents. Quarterly sales of $1.81 billion outpaced the Street view of $1.73 billion.Comparable system-wide hotel revenue per available room, or RevPAR, increased 1.6%, compared to the second quarter of 2024.Also Read: Elanco Animal Health Soars Past 52-Week High On Strong Sales, Raised Annual OutlookNet rooms grew 11.8% year over year, or 6.5% when excluding acquisitions. Gross fees totaled $301 million, up 9.5% from the second quarter of 2024.Adjusted EBITDA totaled $303 million in the second quarter, down 1.1% year over year but up 9.0% on a pro forma basis.The ...Full story available on Benzinga.com
What's Going On With Hyatt Hotels Stock Thursday?
