- Hyatt Hotels Corp (NYSE:H) has put forward its strategic brand growth plan in the Latin America and Caribbean region.
- The company plans more than 20 luxury and lifestyle hotels and resort openings through 2024, including expanding Hyatt brands into new markets.
- As a result of the acquisition of Apple Leisure Group, Hyatt’s Latin America and Caribbean region expected growth includes a nearly 20% expansion of Hyatt’s Inclusive Collection expected by the end of 2024.
- “Latin America and the Caribbean are top leisure destinations for global travelers, and we continue to grow Hyatt’s brand presence in this important region to offer unique experiences to high-end travelers in new markets and sought-after destinations,” said Camilo Bolaños, senior vice president of development, Latin America & the Caribbean, Hyatt.
- Also Read: Hyatt Launches Thompson Hotels Brand In Spain
- Price Action: H shares are trading lower by 2.22% at $87.28 on the last check Wednesday.
- Photo Via Company
Dow Drops Over 100 Points; US Weekly Jobless Claims Rise To 232,000
U.S. stocks traded mostly lower this morning, with the Dow Jones dropping over 100 points on Thursday.
Following the market opening Thursday, the Dow traded down 0.44% to 32,763.39 while the NASDAQ fell 0.10% to 12,922.99. The S&P 500, also fell, dropping, 0.08% to 4,176.37.