Hyatt Hotels (H +6.3%) Q2 beats on a 48% jump in profits as higher revenue per-room improved...

|About: Hyatt Hotels Corporation (H)|By:, SA News Editor

Hyatt Hotels (H +6.3%) Q2 beats on a 48% jump in profits as higher revenue per-room improved margins. The company has seen a solid improvement in its bottom line over the past few quarters, as a recovery in demand among business travelers has translated into higher occupancy and room rates.