Hyatt Releases 2020 Results – Lost $203M
LoyaltyLobby Feb 17, 2021 Hyatt today released its fourth quarter and the full 2020 results, and they were what everyone was expecting and already knew â bad. The hotel company lost $203M in 2020 and has 982 hotels + 16 Residence Club properties. Hyatt is expected to lose 22 Hyatt Place hotels in the US that they will hand over back to the owner (SVC), who will convert them under Sonesta’s brands (read more here). You can access Hyatt here. Properties by Brand Hyatt has 982 hotels, of which select-service Hyatt Place and Hyatt House represent close to exactly half (498 hote...
Source: loyaltylobby.com
