Hyatt Hotels Raises Its Outlook as Pricing and Occupancy Rates Improve

Hyatt Hotels Raises Its Outlook as Pricing and Occupancy Rates Improve

The hotel business is looking up. Hyatt Hotels (NYSE: H), one of the world's biggest hospitality chains, this week announced broadly improving operating trends, which the company paired with an aggressive new promise to return capital to shareholders. Hyatt also raised its 2017 outlook for the second straight time this year.

More on that improving forecast in a moment. First, here's how the latest headline numbers compare to the prior-year period:

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Source: Fool.com