by Michael J. Shapiro | February 20, 2013

 Group rooms revenue at full-service Hyatt Hotels in the U.S. was up 3.3 percent year-over-year for the fourth quarter of 2012, the company reported last week. That said, group room nights were virtually flat, with a 0.4 percent increase, and group average daily rate rose by just 2.9 percent for the quarter. Transient ADR, meanwhile, increased by 4.7 percent for the quarter. But group bookings for 2013 currently are up by 4 percent over last year, according to M&C sister publication Business Travel News. "Our sentiment about group was a glass half-empty as we were sitting here in November," said Hyatt president and CEO Mark Hoplamazian in the earnings call, "but while it's still not evenly disbursed, we would now say it feels more like a glass half-full." Smaller meetings and room blocks are rebounding faster than large meetings among Hyatt's bookings, noted the BTN report. Overall for the fourth quarter, Hyatt reported a 7.5 percent year-over-year increase in revenue per available room.