Hyatt's co-branded credit card bonus just ended, but the real story isn't the free nights... it's a loyalty program growing at 30% annually with 60 million members, and hotel owners footing a bigger bill every year for the privilege of filling rooms they might have filled anyway.
IHG promised a 46% emissions cut by 2030. Instead, emissions climbed nearly 8% above baseline. Now they're "reviewing" the target, which is corporate for "we're not going to hit it and we need a graceful exit."
Hyatt pitched Wall Street a 90% fee-based earnings mix by year-end and a record pipeline of 148,000 rooms. The per-key economics for the people actually signing the checks deserve a closer look.
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