Hyatt Hotels rises after quarterly results beat estimates

** Shares of Hyatt Hotels H.N rise 2% to $138.94, after the hotel chain's results beat analyst estimates

** Revenue rose 6.2% to $1.81 bln from a year ago; analysts expected $1.73 bln.

** Adj. EPS came in at 68 cents, compared with the consensus analyst estimate of 60 cents

** In line with its asset-light business model, Hyatt sold off the entirety of Playa Hotels real estate portfolio for $2 bln; it completed the $2.6 bln Playa Hotels acquisition in June

** Among 22 analysts that cover Hyatt, avg. rating is "buy" and median PT is $150, according to data compiled by LSEG

** Hyatt is down about 12% YTD