Hyatt Hotels Corporation (NYSE:H) shares surged after reporting Q4 earnings and revenue that beat analyst expectations. Adjusted EPS was 64 cents, surpassing the forecast of 39 cents, with revenue at $1.66 billion against the expected $1.61 billion. The company saw a 9.1% increase in system-wide RevPAR and a 5.9% increase in owned and leased hotels RevPAR, attributed to recovery in Greater China and stronger U.S. group demand. Hyatt added 29 new hotels to its portfolio, including six in Greater China through a strategic relationship. The company forecasts a 3% to 5% growth in FY24 system-wide RevPAR and a net room growth of 5.5% to 6%. FY24 net income is expected to be around $560 million, with adjusted EBITDA between $1.175 billion and $1.225 billion. Shares rose 8.84% to $147.52.