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| Name | Why Hyatt Is Selling $2B in Assets | WSJ |
| Video Uploader | Video From The Wall Street Journal |
| Upload Date | This Video Uploaded At 03-04-2024 10:00:34 |
| Video Discription | Hyatt Hotels Corporation plans on selling off up to $2 billion worth of its real estate assets — mimicking a business strategy implemented by its competitors Marriott and Hilton years ago. WSJ sits down with the hospitality company’s CEO Mark Hoplamazian for an extended interview to discuss why Hyatt jumped onto the asset-light strategy, and what this means for the company's future. Chapters: 0:00 Focus on luxury 0:25 Hyatt’s shifting business model 4:25 Risks in the transition 6:03 Operating costs 9:44 Airbnb vs. hotels Hyatt is smaller than its hotel chain competitors. So how did it get to be the most expensive? Watch the Economics of Hyatt: https://on.wsj.com/3xplJuQ How did Marriott become the largest hotel chain, with over 30 brands? Marriott’s CFO explains why this is just the beginning for the hospitality giant: https://on.wsj.com/3J4RhZy #Travel #Hotels #WSJ |
| Category | News & Politics |
| Tags | hyatt | hotels | hyatt hotels | hyatt ceo | Hyatt Hotels Corporation | marriott | hilton | hospitality industry | luxury hotels | Mark Hoplamazian | wsj | wsj interview | hyatt ceo interview | hyatt hotels corporation | hotel | asset light model | asset management | real estate | hotel management | management franchise company | capital intensive | mival | two roads hospitality | dream hotel group | apple leisure group | resorts | lifestyle hotels | park hotels | real estate investment | building a brand | bnss |
