Hyatt's total group production—bookings made for future events—during the first quarter increased 11 percent year over year, marking four quarters in a row of "solid year-over-year increases," according to Hoplamazian. Group revenues at U.S. managed full-service hotels increased 9 percent during the quarter. Association business largely has been steady, but Hyatt was "struck by how strong corporate was this past quarter," he said. Group business from the technology sector - including hardware and software manufacturers as well as consultants - has led the growth, and group business from the manufacturing, insurance and pharmaceutical sectors also has shown strength, Hoplamazian said. Even government group business, which of late has been a drag on overall group numbers, was up for the quarter, though it did not indicate a "material or significant trend," he said. Corporate group growth also contributed to "an expansion of banquet revenue, as corporate groups are bringing more spend into their meetings," Hoplamazian said. "As this continues, we expect to see more rate movement." Get the full story at Business Travel News