Forecast of The Day: Hyatt Hotels Occupancy Rate
What?
Hyatt Hotels (NYSE:H) Occupancy rate for its owned and leased hotels fell from 77% in 2019 to 23% in 2020 although it recovered to 54% in 2021. Trefis expects the metric to rise to almost 80% by 2023.
Why?
- More Room Left For Hyatt Stock Gains After 15% Growth This Year?
- Up 14% This Year As Travel Demand Holds Up, Will Hyatt Stock See Further Gains?
- Up 50% Over The Last 12 Months, Is Hyatt Stock Still Attractive?
- What’s Happening With Hyatt Stock?
- What’s New With Hyatt Stock?
- Is Hyatt Stock Still A Buy Following Its Recent Rally?
Occupancy took a hit in 2020, due to the impact of Covid-19 and the related travel restrictions. However, occupancy rates are recovering with the pandemic gradually easing.
So What?
However, we think the recovery is more than priced into Hyatt stock. We value H stock at $93 per share, a 7% discount on the current market price.
See Our Complete Analysis For Hyatt Hotels
What if you’re looking for a more balanced portfolio instead? Our high-quality portfolio and multi-strategy portfolio have beaten the market consistently since the end of 2016.
| Returns | Apr 2022 MTD [1] |
2022 YTD [1] |
2017-22 Total [2] |
| H Return | 4% | 3% | 79% |
| S&P 500 Return | -2% | -6% | 99% |
| Trefis Multi-Strategy Portfolio | -2% | -9% | 257% |
[1] Month-to-date and year-to-date as of 4/21/2022
[2] Cumulative total returns since the end of 2016
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