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Wolfe Research analyst Peter Supino initiates coverage on Hyatt Hotels (NYSE:H) with a Outperform rating and announces Price Target of $203.
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Delta Air Lines announced a strategic partnership with Hyatt to integrate their loyalty programs, enabling SkyMiles members to earn rewards on hotel stays and World of Hyatt members to earn points on Delta flights. The collaboration aims to strengthen Delta's loyalty ecosystem and enhance the premium travel experience, though the full financial impact remains unclear pending more details on eligibility and benefits.
Truist Securities analyst Patrick Scholes maintains Hyatt Hotels (NYSE:H) with a Buy and raises the price target from $187 to $198.
A new, exclusive loyalty relationship launching in the coming months will bring together Delta SkyMiles and World of Hyatt programs to help connect the air and hotel experience for their most loyal customers. Initial