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Thursday, October 6, 2022

Hyatt’s Leisure Travelers Are Fueling Its Revenue

Skift Take

Today’s edition of Skift’s daily podcast looks at Hyatt’s strong second quarter earnings, Thailand’s gamble on gaming, and the attraction of digital nomads.

Good morning from Skift. It’s Wednesday, August 10 in New York City. Here’s what you need to know about the business of travel today.

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Episode Notes

Hyatt is historically known for appealing to business travelers, but it was record leisure demand that drove its strong second quarter, reports Senior Hospitality Editor Sean O’Neill.

Hyatt reported during its second quarter earnings call on Tuesday that leisure travelers generated 54 percent of its revenue. The Chicago-based company also saw second quarter revenue from leisure travelers jump 19…

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