Hyatt Hotels Corporation (H) has opened TOOR Hotel in Toronto’s Garden District. This marks the company’s second JdV by Hyatt hotel in the city and third in Canada.The new property expands the company’s presence in Toronto and supports its focus on growing the lifestyle portfolio.Hyatt Strengthens Brand Presence in Growing Toronto MarketTOOR Hotel is owned and managed by Manga Hotel Group, based in Toronto, Ontario. The property is located downtown and designed to reflect the city’s culture and energy. As T ...

Company Overview - Hydro One Limited is Ontario's largest electricity transmission and distribution provider, serving 1.5 million customers and holding $36.7 billion in assets as of December 31, 2024 [4] - The company reported annual revenues of $8.5 billion for the year 2024 [4] - Hydro One employs 10,100 skilled employees dedicated to maintaining a reliable electricity system [5] Financial Performance - In 2024, Hydro One invested $3.1 billion in its transmission and distribution networks [5] - The company supported the economy by purchasing $2.9 billion worth of goods and services [5] Upcoming Events - Hydro One plans to release its first quarter financial results on May 8, 2025, before North American financial markets open [1] - A teleconference will be held on the same day at 8 a.m. ET to discuss the results and outlook, accessible via a live webcast [2] - Participants wishing to ask questions during the call must register in advance to receive personalized dial-in details [3]

The Zacks Hotels and Motels industry faces challenges from rising costs, reduced travel from lower-income consumers, geopolitical tensions and ongoing economic uncertainty. However, industry participants are concentrating on growth strategies, including expanding their portfolios, converting properties, forging partnerships and enhancing loyalty programs. The industry has shown resilience through cost-cutting measures and digital innovations. Industry players, such as Marriott International, Inc. (MAR) , Hi ...

Financial Performance - For the year ended December 31, 2024, Hyatt Hotels Corporation reported total revenues of $6,648 million and net income of $1,296 million[24]. - Adjusted EBITDA for the same period was $1,096 million, reflecting the company's operational efficiency[24]. - Hyatt had $1,383 million in cash and cash equivalents and approximately $1.5 billion of available borrowing capacity under its credit facility as of December 31, 2024[32]. - The company exceeded its commitment to realize $2.0 billion in gross proceeds from the disposition of owned assets, net of acquisitions, during the year[32]. Portfolio and Operations - As of December 31, 2024, Hyatt's hotel portfolio consisted of 1,442 properties with a total of 347,301 rooms[22]. - The Luxury Portfolio includes brands such as Park Hyatt and Alila, with a total of 8,390 managed rooms and 549 owned and leased rooms[33]. - The Inclusive Collection features 13,741 rooms, emphasizing family-friendly and adult-only luxury all-inclusive experiences[35]. - The company manages approximately 2,200 boutique and luxury properties through the Mr & Mrs Smith platform, with around 1,000 available for booking via hyatt.com[76]. Business Strategy - Hyatt's strategy focuses on maximizing core business operations while integrating new growth platforms to enhance guest loyalty[32]. - The company aims to maintain appropriate levels of financial leverage through industry cycles, ensuring long-term sustainable growth[32]. - The company has realigned its operating segments to better align with its business strategy and leadership changes, impacting performance assessment and resource allocation[77]. - The company is committed to creating fair, ethical, and transparent business practices as part of its responsible business strategy[114]. Market and Competitive Landscape - The hospitality industry is cyclical, with demand for hotel rooms generally following economic trends, leading to potential volatility in revenues and profits[106]. - The company faces risks from global economic conditions and the cyclical nature of the hospitality industry, which could adversely affect demand and revenues[143]. - The company is subject to competitive pressures that could harm its revenues, profits, or market share if it cannot compete effectively[143]. - The company faces competition from both traditional hotel operators and new distribution channels, which could affect its market share and profitability[156][157]. Labor and Human Resources - Approximately 227,000 colleagues were employed across corporate, regional offices, and properties as of December 31, 2024, with about 52,000 directly employed by the company[110]. - Labor shortages may restrict the company's ability to operate properties or grow the business, potentially increasing labor costs[143]. - The company has experienced challenges in hiring for certain positions, which may continue to affect operational efficiency and costs[175]. Environmental and Regulatory Considerations - The company is committed to advancing environmental action with a focus on climate change, water conservation, waste management, and responsible sourcing as part of its 2030 environmental goals[113]. - The company is subject to various environmental laws and regulations, which may impose substantial costs for investigating or remediating hazardous substances[115]. - The company may incur additional operating costs and capital expenditures if more stringent environmental requirements are enacted in the future[116]. Technology and Innovation - The proprietary revenue management tool, Hyatt PrO, is being transitioned to enhance modularity, flexibility, and collaboration across commercial teams[90]. - The company is migrating to a new central reservation system to enhance booking capabilities and streamline operations[93]. - The company incorporates AI solutions into its operations, which may present challenges in terms of costs, expertise, and potential ethical issues[220]. Risks and Challenges - Cyber risks and data integrity failures could harm the company's reputation and lead to significant costs, fines, or lawsuits[145]. - The company is exposed to risks from natural disasters and climate change, which could reduce demand for lodging and adversely affect financial performance[153][155]. - The company faces increasing regulatory demands regarding data security and privacy, which could complicate compliance efforts[213]. - The company may need to postpone or cancel planned renovations or developments if capital access is limited, impacting competitive ability[209]. Loyalty and Customer Engagement - As of December 31, 2024, the World of Hyatt loyalty program had approximately 53.5 million members, with member stays representing about 45% of total system-wide room nights[98]. - The World of Hyatt loyalty program is crucial for driving hotel revenue and enhancing guest engagement, with a focus on personal relationships and emotional connections[170]. - The marketing strategy focuses on high-end travelers, aiming to build loyalty through the World of Hyatt loyalty program and digital platforms[91]. Acquisitions and Growth - Recent acquisitions include Apple Leisure Group in 2021 and several lifestyle hotel brands in 2023 and 2024, which are part of the company's growth strategy[191]. - The company plans to continue selling selected properties to reinvest proceeds for business growth, but economic conditions and rising interest rates may hinder these sales[190]. - The company anticipates significant growth in franchise ownership over time, but maintaining brand standards among third-party owners and franchisees is crucial for brand integrity and profitability[185].

Financial Data and Key Metrics Changes - System-wide RevPAR growth was reported at 5% for Q4 2024 and 4.6% for the full year, indicating strong performance particularly among luxury brands [4][24] - Adjusted EBITDA for Q4 was $255 million, reflecting a 20% increase excluding the impact of asset sales compared to the previous year [31] - Gross fees reached a record $294 million in Q4, up 17% year-over-year, driven by franchise and other fees which increased by 27% [27] Business Line Data and Key Metrics Changes - Leisure transient rooms revenue increased approximately 4% in Q4, while group rooms revenue was flat but up 5% when adjusted for holiday timing [5][6] - Business transient revenue rose by 12% for the year, benefiting major urban markets in the U.S. [8] - World of Hyatt membership reached approximately 54 million, a 22% increase year-over-year, with multi-room night penetration at a record high [9] Market Data and Key Metrics Changes - RevPAR in the U.S. increased over 3%, with the Americas (excluding the U.S.) seeing a 9% increase [24] - Greater China reported flat RevPAR, but there was significant improvement from Q3 results, while Asia Pacific (excluding Greater China) saw RevPAR up approximately 12% [25] - Europe finished strong with a 7% increase in RevPAR, driven by both leisure and business transient travel [26] Company Strategy and Development Direction - The company aims for organic net rooms growth to accelerate in 2025, with a strong pipeline of openings expected [3][34] - Hyatt is focusing on a brand-led organization to enhance customer engagement and loyalty, with a commitment to growing luxury and lifestyle segments intentionally [11][16] - The strategy includes expanding into upper midscale segments and enhancing the all-inclusive offerings, leveraging insights from customer preferences [12][17] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the operating environment, citing strong demand from corporate customers and a healthy growth outlook for 2025 [34][46] - The company anticipates RevPAR growth in the range of 2% to 4% for 2025, with expectations for strong group and business transient demand [34][35] - Management noted that the first quarter of 2025 is expected to be strong, driven by leisure transient growth and favorable holiday timing [43] Other Important Information - The company repurchased approximately $1.2 billion in shares in 2024, with $1 billion remaining under its share repurchase authorization [32] - Adjusted free cash flow is expected to range from $450 million to $500 million for 2025, excluding deferred cash taxes related to asset sales [41] - The company is not providing an outlook for capital returns to shareholders at this time due to a pending transaction with Playa [42] Q&A Session Summary Question: Insights on net rooms growth and attrition - Management indicated that net rooms growth is expected to be significantly better in 2025, with 9,000 new rooms already opened in early 2025, representing about 40% of the annual growth target [49][50] Question: Update on the Playa deal and brand strategy - Management refrained from commenting on specific details of the Playa transaction but emphasized the focus on expanding management platforms and distribution channels [64] Question: Appetite for further M&A activity - Management confirmed that while there will be a calm period following the Playa deal, they remain open to further asset sales and optimizing their brand portfolio [70][72] Question: Expectations for demand segments in 2025 - Management expects strong growth in group bookings, with a 7% pace anticipated for 2025, alongside continued momentum in business transient and leisure segments [146][147] Question: Clarification on EBITDA and free cash flow expectations - Management acknowledged that accelerated asset sales and lower-than-expected RevPAR growth contributed to changes in EBITDA and free cash flow projections for 2025 [155]

Hyatt Hotels Corporation (H) has delivered fourth-quarter 2024 results, wherein earnings and revenues missed the Zacks Consensus Estimate. Following the results, the company’s shares moved down 4.4% in today’s pre-market trading session.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Hyatt’s Q4 Earnings & RevenuesHyatt reported adjusted earnings per share (EPS) of 42 cents, missing the Zacks Consensus Estimate of 68 cents. In the year-ago quarter, the company reported an EPS of 70 c ...

Hyatt Hotels reported a decline in both earnings and revenue, missing analysts' estimates for the fourth quarter of 2024.Global hospitality company Hyatt Hotels (H -10.09%) reported fourth-quarter earnings on Thursday, Feb. 13, that missed analysts' consensus expectations. Adjusted earnings per share (EPS) of $0.42 fell short of the expected $0.76 while Q4 revenue of $1.6 billion came in below the anticipated $1.66 billion. Overall, the quarter reflected challenges in meeting market expectations, though gro ...

Shares of Hyatt Hotels fell as the company said fourth-quarter business was hurt by the presidential election—and the High Holy Days. Hyatt (H) on Thursday on Thursday reported its latest financial results, which came in worse than Wall Street expected. The news sent its shares down nearly 10% in early trading. Part of the reason, the company said: group demand that was impacted by the election—something other travel companies have noted in their own results—but also "the shift of the Jewish holidays." Ros ...

Hyatt Hotels (H) came out with quarterly earnings of $0.42 per share, missing the Zacks Consensus Estimate of $0.68 per share. This compares to earnings of $0.64 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -38.24%. A quarter ago, it was expected that this hotel operator would post earnings of $0.90 per share when it actually produced earnings of $0.94, delivering a surprise of 4.44%.Over the last four quarters, the company ...

Exhibit 99.1 HYATT REPORTS FOURTH QUARTER AND FULL YEAR 2024 RESULTS As of December 31, 2024, the Company had a pipeline of executed management or franchise contracts for approximately 720 hotels (or approximately 138,000 rooms), representing pipeline expansion of approximately 9% year over year. CHICAGO (February 13, 2025) - Hyatt Hotels Corporation ("Hyatt," "the Company," "we," "us," or "our") (NYSE: H) today reported fourth quarter and full year 2024 results. Highlights include: Mark S. Hoplamazian, Pre ...