CORONAVIRUS SEVERELY IMPACTS BUSINESS FOR THE HYATT HOTELS GROUP

Highlights:

• The Hyatt Hotels Group expects a full-year RevPAR growth in the range of negative 0.5 to 1.5 percent for the year 2020.
• Growth of Net Rooms is expected to be in the range of 6.5 to 7 percent, representing 80 planned new hotel openings.

Sources said their anticipated net income is in the range of USD 113 million to USD 144 million. However, the company&....