Deals

Hyatt Still Eyeing European Growth After Retreat From NH Hotel

Signage is displayed outside the Hyatt Place hotel in Chicago, Illinois, U.S., on Monday, Oct. 30, 2017. Hyatt Hotels Corp. is scheduled to release earnings figures on November 2.Photographer: Christopher Dilts/Bloomberg

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By Patrick Clark

August 1, 2018 at 5:25 PM UTC

This article is for subscribers only.

Hyatt Hotels Corp.’s pursuit of the Spanish hotel operator NH Hotel Group SA was short-lived, but Chief Executive Officer Mark Hoplamazian said that Europe remains a “key area” for future expansion.

“We are focused on acquisitions and investments that first and foremost help expand our presence and distribution in places where we are underrepresented,” Hoplamazian said on an earnings call Wednesday. “Europe has been and remains a key area of focus for us.”