Average daily rates at Hyatt Hotels Corp. properties increased by 3 percent year over year during the first quarter of 2012.

Rates in North America were up 2.7 percent at full-service properties and up 3.5 percent at select-service properties. Outside of North America, rates increased by 3.6 percent. Occupancy increased globally by 2.7 percentage points to 68.8 percent. Strong corporate demand pushed revenue at full-service hotels in North America up by 9 percent. Group revenue at those properties also increased 9 percent year over year, driven by corporate demand but hindered by softer association demand, according to Hyatt. Net income for the quarter was $10 million, the same as in the first quarter of 2011.