Hyatt Hotels profit doubles

Hyatt Hotels profit doubles
News from MarketWatch:

By William Spain, MarketWatch

LONDON (MarketWatch) — Higher management fees and room rates, along with fewer charges, helped offset a slip in profit margins and push Hyatt Hotels Corp.’s first-quarter earnings up sharply, the company said Tuesday.    …………… continues on MarketWatch
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Hospitality Earnings: Hyatt, DineEquity
News from Forbes:

U.S. Equities

MarketNewsVideo.com , 05.03.11, 12:00 PM EDT

Hotel giant Hyatt Hotels (H) reported first quarter earnings today that doubled to $ 10 million, or $ 0. 06 per share, from $ 5 million, or $ 0.

Hotel giant Hyatt Hotels reported first quarter earnings today that doubled to $ 10 million, or $ 0.06 per share, from $ 5 million, or $ 0.03 per share, last year.

Revenue rose to $ 875 million from $ 841 million in last years first quarter, on a 2% increase of revenue per available room.

Adjusted earnings of $ 0.07 per share beat analyst forecasts, as did revenue.

Also today, DineEquity reported first quarter earnings that more than doubled, to $ 28.1 million, or $ 1.53 per share, compared to $ 12.8 million,…………… continues on Forbes

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