Hyatt Reports Third Quarter 2023 Results
Total fees were up 6.6% compared to the third quarter of 2022, offset by an increase in certain expenses.
- Total fees were up 6.6% compared to the third quarter of 2022, offset by an increase in certain expenses.
- EAME management and franchising segment: Results were impacted by a significant termination fee from a pipeline hotel recognized in the third quarter of 2022.
- The Company's board of directors has declared a cash dividend of $0.15 per share for the fourth quarter of 2023.
- The dividend is payable on December 6, 2023 to Class A and Class B stockholders of record as of November 22, 2023.