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Stock impact report

Hyatt Saw ‘Record Level' of Demand for Leisure Travel. Earnings Beat Estimates. [MarketWatch]

Marriott International - Class A (MAR) 
Last marriott international - class a earnings: 2/26 04:30 pm Check Earnings Report
US:NYSE Investor Relations: investor.shareholder.com/mar
Company Research Source: MarketWatch
An adjusted loss of 33 cents-a-share in the first quarter was narrower than analysts' estimates of 38 cents, according to FactSet data. Total revenue of $1.28 billion for the March quarter was higher than the $1.11 billion analysts predicted. A year earlier the hotel chain generated a $3.57 per share net loss. Revenue per available room, a key hotel industry measure known as RevPAR, which is calculated by dividing room sales by the number of room nights available to guests for a given period, increased 107% year-over-year worldwide and 126% in the U.S. & Canada. Hyatt's (stock: H) stock went up 1.8% to $80.79 in premarket trading on Tuesday, “Record levels of leisure demand fueled nearly 60% of our rooms revenue in the quarter,” said CEO Mark Hoplamazian, who also pointed to strong pace of bookings for business and group travel, which should strengthen the recovery ahead. Last week, rival Marriott International (MAR) said it saw the largest surge in travel demand in the first Show less Read more
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