Source: Business Travel News

New Loyalty: Hyatt's Brief Interest in NH Hotels, Plus a New Loyalty Partnership

Hyatt Hotels Corp. president and CEO Mark Hoplamazian during the company's second-quarter earnings call acknowledged both Hyatt's recent intention to make an offer for Spain's NH Hotel Group and Hyatt's decision days later to withdraw any interest. Hoplamazian said Hyatt sent a letter to NH's board on Thursday, July 26 requesting information that would allow Hyatt to develop an offer for the company.

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