Hyatt profit remained flat for Q1 2012

An 11% rise in total expenses during the first quarter of 2012 negated a 9.5% growth in revenue at Hyatt Hotels, which reported relatively flat profit growth for the quarter. Hyatt's net income reached $10 million on revenues amounting to $958 million, missing analysts' predictions.

View Full Article in:

UPDATE 2-Hyatt Hotels misses estimates as costs rise | Reuters - Reuters

Published in Briefs: