Like other hotel companies that have reported Q4 earnings this month, Hyatt Hotels Corp. is seeing a more meaningful pickup in group bookings for the second half of 2021 compared with the first half of the year, said president and CEO Mark Hoplamazian on a Thursday earnings call. "We have previously been saying that the sequence [for the recovery] would be leisure transient, followed by business transient, followed by group. And I think the potential upside surprise in that progression is that we might see group come back in a more purposeful way “sooner than expected,” he said.
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