Hyatt Reports Second Quarter 2022 Results

CHICAGO (August 9, 2022) – Hyatt Hotels Corporation (“Hyatt” or the “Company”) (NYSE: H) today reported second quarter 2022 financial results. Net income attributable to Hyatt was $206 million, or…

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Sydney Hilton Hotel Sold for A$530 Million (US$370 Million)

Baring Private Equity Asia announced on Wednesday that its affiliated real estate funds have completed the acquisition of the Sydney Hilton hotel for A$530 million (US$370 million). The deal is the largest-ever single asset transaction in the Australian hospitality sector.
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Extended Stay America Adds 100 Hotels

Extended Stay America announced today that subsidiaries of ESH Hospitality, Inc. are converting more than 100 recently acquired WoodSpring Suites hotels to the Extended Stay America family of brands later this year.
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