World Business Watch: Hyatt posts bigger loss as COVID-19 pandemic keeps people at home

May 05, 2021, 12:00 PM(IST) WION Video Team
US hotel operator Hyatt Hotels reported a bigger loss for the first quarter on Tuesday as people stayed at home due to the COVID-19 pandemic. Net loss attributable to Hyatt was $304 million, or $2.99 per share, in the three months ended March 31, compared with a loss of $103 million, or $1.02 per share, a year earlier.
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