Hyatt 2Q Swings To 2Q Profit As Occupancies Rise | wsj.com

Hyatt Hotels Corp. (H) swung to second-quarter profit absent prior-year charges as the hotelier's occupancies increased and it had a strong performance in North America. The result beat analysts' expectations. Travel and tourism companies continued to experience improving demand in the latest quarter, with a number of airlines and hotel companies recently posting stronger profits for the latest quarter.