Hyatt cited an “uneven recovery” hampered by COVID-19’s continued surge and widespread travel and quarantine restrictions in reporting a second quarter decline in revenue per available room (RevPAR) of 89.4% compared with the previous year.  Revenues were $250 million, down from $1.29 billion for the same period last year. Mark Hoplamazian, CEO, said in an earnings call that leisure demand was the principal driver of 13 weeks of increases in occupancy and net bookings globally. However, he said, the rate of growth “moderated” in the middle of July. Hoplamazian said the company has seen increased momentum in the latter half of July but, he said, “until meaningful and consistent progress is made toward slowing the spread of the virus, international travel will continue to be negatively impacted.” Hyatt reported that about 87% of the company’s global portfolio was open by the end of July, up from a low of about 65% at the end of April. Hyatt said there was strong business in China, where occupancy reached 65% by the end of July, bolstered by midweek business travel with the business transient category now accounting for about a quarter of total demand in China. Other bright spots included Hyatt’s select-service brands, which are outperforming full-service properties and resorts because of drive-to demand.