Hyatt Hotels (H) Tops Q3 EPS by 7c, to Sell $1.5B in Real Estate Over Next Three Years

Hyatt Hotels (NYSE: H) reported Q3 EPS of $0.26, $0.07 better than the analyst estimate of $0.19.

CAPITAL STRATEGY UPDATE

The Company is announcing plans to sell approximately $1.5 billion of real estate over the next three years. This represents an evolution of Hyatt's capital strategy to unlock additional shareholder value and provide funds for future growth investments, while maintaining balance sheet capacity that will continue to fuel growth. These plans will also accelerate the shift to a more fee-driven business model.

For earnings history and earnings-related data on Hyatt Hotels (H) click here.

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