Hyatt's Loss Narrows | wsj.com

Hyatt Hotels Corp.'s fourth-quarter loss narrowed sharply because of bigger write-downs a year earlier, as the upscale hotelier's core operations nearly swung to a profit. Fresh off its November initial public offering, Hyatt said it was starting to see year-over-year increases in occupancy in a number of markets globally, but warned about mixed signs of economic recovery in the U.S. Chief Executive Mark S.