Hyatt's Stock Up 20%, What's Next?
1. Hyatt's stock gained nearly 19% in 2024, underperforming peers. 2. Q3 2024 revenues flat at $1.6 billion with decelerating RevPAR growth. 3. European operations drove growth despite challenges in Greater China. 4. Projected FY 2024 RevPAR growth of 3-4% and net room growth of 7.75-8.25%. 5. Hyatt aims for over 80% of earnings from fee-based revenues by 2025.