When Should You Buy Hyatt Hotels Corporation (NYSE:H)?
Today we’re going to take a look at the well-established Hyatt Hotels Corporation (NYSE:H). The company’s stock received a lot of attention from a substantial price movement on the NYSE over the last few months, increasing to US$123 at one point, and dropping to the lows of US$104. Some share price movements can give investors a better opportunity to enter the stock, and potentially buy at a lower price. A question to answer is whether Hyatt Hotels’ current trading price of US$110 reflects the actual value of the large-cap? Or is it currently undervalued, providing us with the opportunity to…
HNZ23 Hospitality and Accommodation Conference –
The industry-led event of the year showing innovative trends, industry insights, and networking opportunities for the hospitality and accommodation sector. The HNZ23 Hospitality and Accommodation Conference is an eagerly anticipated event that brings together professionals from the hospitality and accommodation sector. This immersive conference, organized by Hospitality New Zealand, offers a unique platform for industry leaders, experts, and enthusiasts to explore the latest trends, gain valuable insights, and network with like-minded individuals. The HNZ23 Conference has partnered with Maximum Occupancy, a renowned organization dedicated to the accommodation industry. This collaboration introduces a dedicated accommodation stream, ensuring that participants in the…
Steve Armitage appointed new CEO of Hospitality New Zealand –
Steve Armitage, Independent Chair of Business Events Industry Aotearoa, has been appointed CEO of Hospitality New Zealand. Following his appointment Armitage will be stepping down from his role at BEIA in August. Hospitality NZ President Nick Keene has thanked Steve’s predecessor, Julie White, for her significant contributions to Hospitality New Zealand over the past five years. “We extend our heartfelt gratitude to Julie for her dedication and achievements during her tenure.” BEIA Chief Executive, Lisa Hopkins says the board and members of BEIA wanted to thank Steve Armitage for his outstanding leadership and support during the past two years and…
TIA appoints Dame Kerry Prendergast as independent chair –
Tourism Industry Aotearoa (TIA)’s Board of Directors has appointed a new independent chair, Dame Kerry Prendergast (DNZM, CNZM) for a period of three years from 1 June 2023. TIA Deputy Chair and head of the Board appointment committee, Fergus Brown says he is delighted to welcome Dame Kerry’s wealth of experience as former Mayor of Wellington, former Chair of Tourism New Zealand and former Vice-President of Local Government New Zealand to TIA at this critical junctures. “This is an exciting time to be a part of TIA. We’re about to launch a future-focused Industry Strategy, we’ve just hosted a very…
voco Auckland City treads lightly with sustainability trifecta –
the voco brand made its New Zealand debut with the opening of voco Auckland City Centre, and this May the hotel is celebrating its first year of sky-high stays, accolades and sustainable milestones centered on its ‘tread light’ philosophy. Last week, the dual-branded tower development voco Auckland City Center that also includes the Holiday Inn Express City Center was awarded a trifecta of Master Builders Commercial Project awards and were crowned winners of the Commercial Project Award Over $25m, Built Tourism and Leisure Project Category, and the Master Builders Supreme Award for 2023. Pro-invest Hotels, Area General Manager, New Zealand,…
Reusable milk kegs launched today will eliminate thousands of single-use bottles –
An innovative reusable milk keg could see the average New Zealand café eliminate up to 10,000 single-use milk bottles a year. The Udder Way officially launched in New Zealand today, ahead of World Milk Day – June 1, which this year focuses on how the dairy industry is reducing its environmental footprint. The Tasmanian company has joined forces with Waikato owned and operated Green Valley Dairies, which is filling the reusable milk kegs in New Zealand with organic and non-organic milk. Each The Udder Way keg holds 18 liters of milk and has a lifespan of at least eight years…
Scheduled bumper agenda for Fine Food New Zealand –
The country’s premiere event for the hospitality, food retail and food service industries is making a record return in June 2023. Fine Food New Zealand has attracted more than 250 exhibitors, converging at the Auckland Showgrounds to share the latest flavours, trends, equipment, ingredients and beverages, contributing to quintessentially Kiwi experiences across the country. A packed agenda includes training and education, demonstrations, the NZ Chefs Championships and Global Chefs Challenge, the introduction of the Restaurant Association’s ‘Hospo Hui’, and much more. The strictly trade-only event takes place from June 25-27. “We’re thrilled to have the biggest event ever planned for…