Hyatt Earnings Double as Hotels Helped by Increasing Confidence | businessweek.com

Hyatt Hotels Corp., the chain controlled by the Pritzker family, said first-quarter profit doubled as increasing consumer confidence led to rising room demand from travelers. Net income climbed to $10 million, or 6 cents a share, from $5 million, or 3 cents, a year earlier, the Chicago-based company said today in a statement. The hotelier was expected to earn 5 cents, the average estimate of nine analysts in a Bloomberg survey.