An update from Hyatt Hotels Corp (H) is now available.
Hyatt Hotels Corporation has restructured its reportable segments to better align with its business strategy and resource allocation processes. The new segments focus on management and franchising, owned and leased properties, and distribution services through various platforms and ventures. To help investors compare past and future financials under this new structure, Hyatt provided recast 2023 financial information and will discuss these changes in a conference call, which interested parties can join online or via phone. Hyatt encourages investors to pre-submit questions regarding the segment realignment for the upcoming call.
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