Hyatt's Management and Franchise Fees Rise on Room Growth
Hyatt (NYSE: H) was able to parry a lack of growth in revenue per room with higher fee and management income during the last three months. Third-quarter 2019 results released Wednesday displayed a healthy top-line increase, despite industrywide pressures of moderating occupancy and flat daily room rates. As we walk through the global hotel franchise's filing below, note that all comparable numbers refer to those of the prior-year quarter.
Data source: Hyatt.
Image source: Getty Images.
Source Fool.com
