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Compared to Estimates, Hyatt Hotels (H) Q4 Earnings: A Look at Key Metrics
Zacks Investment Research· 2024-02-23 16:01
For the quarter ended December 2023, Hyatt Hotels (H) reported revenue of $1.66 billion, up 4.5% over the same period last year. EPS came in at $0.64, compared to $2.55 in the year-ago quarter.The reported revenue represents a surprise of +6.08% over the Zacks Consensus Estimate of $1.56 billion. With the consensus EPS estimate being $0.38, the EPS surprise was +68.42%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expe ...
Hyatt Hotels (H) Q4 Earnings and Revenues Surpass Estimates
Zacks Investment Research· 2024-02-23 14:11
Hyatt Hotels (H) came out with quarterly earnings of $0.64 per share, beating the Zacks Consensus Estimate of $0.38 per share. This compares to earnings of $2.55 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 68.42%. A quarter ago, it was expected that this hotel operator would post earnings of $0.60 per share when it actually produced earnings of $0.70, delivering a surprise of 16.67%.Over the last four quarters, the company ...
Hyatt Announces Updated Timing of Fourth Quarter and Full Year 2023 Earnings Release and Investor Conference Call
Businesswire· 2024-02-22 01:22
CHICAGO--(BUSINESS WIRE)--Hyatt Hotels Corporation (“Hyatt” or the “Company”) (NYSE: H) announced today that it will release fourth quarter and full year 2023 financial results on Friday, February 23, 2024, before the stock market opens, followed by a conference call at 9:00 a.m. CT. Participants are encouraged to listen to a simultaneous webcast of the conference call, accessible through the Company’s website at investors.hyatt.com. An archive of the webcast will be available on the Company’s website for ...
Hyatt Announces New Americas Organizational Structure and Senior Leadership Appointments
Businesswire· 2024-02-20 14:28
Core Insights - Hyatt announced new senior leadership appointments and a subregional structure in the Americas to enhance growth and operational excellence [1][3] - The Americas region is now divided into two subregions: U.S. & Canada and Latin America & the Caribbean, each led by newly appointed presidents [1][2] Leadership Appointments - Susan Santiago has been appointed as President, U.S. & Canada, responsible for growth and performance optimization of Hyatt's owned and managed portfolio [2] - Gabriel Felip has been appointed as President, Latin America & Caribbean, overseeing operational performance for all managed and owned Hyatt hotels in the region [2] Organizational Structure - The new structure includes three newly created roles in operations, commercial services, and finance [3] - Yvette Martinez-Edwards is promoted to Senior Vice President, Field Operations, Luxury & Miraval, reporting to Santiago [3] - Shyla Gardner re-joins Hyatt as Vice President, Commercial Services, Latin America & the Caribbean, reporting to Asad Ahmed [3] - Juan Pablo Puerta serves as Senior Vice President, Finance, Latin America & the Caribbean, reporting to Liz Bauer [3][5] Focus on Operational Excellence - Martinez-Edwards will oversee Hyatt's managed luxury and Miraval hotel portfolio, focusing on operational excellence [4] - Gardner will lead a cross-functional team to develop specialized commercial strategies for the LAC market [4] - Puerta is responsible for leading the finance function and driving property performance optimization in Latin America & the Caribbean [5] Company Overview - As of December 31, 2023, Hyatt's portfolio includes over 1,300 hotels and all-inclusive properties in 77 countries [6] - The company operates various brands across different collections, including the Timeless Collection, Boundless Collection, Independent Collection, and Inclusive Collection [7]
Destination by Hyatt Brand Set to Debut in the Caribbean With Cas en Bas Beach Resort
Businesswire· 2024-02-19 16:41
CHICAGO--(BUSINESS WIRE)--Hyatt Hotels Corporation (NYSE:H) and Wellington Estates today announced the planned debut of Cas en Bas Beach Resort, marking the introduction of the Destination by Hyatt brand in the Caribbean. Expected to open in late 2024, Cas en Bas Beach Resort will invite global escapists to discover St. Lucia through a cosmopolitan Caribbean perspective including one-of-a-kind programming, hyper-personalized amenities, and dynamic culinary offerings. Nestled on the northern tip of St. Lu ...
Hyatt Hotels' (H) Delays Q4 Earnings, Announces Q4 Highlights
Zacks Investment Research· 2024-02-15 15:36
Hyatt Hotels Corporation (H) has delayed the issuance of its fourth-quarter 2023 results, which was scheduled for Feb 15, 2024. The company has stated that they need more time to complete the accounting procedures related to the Unlimited Vacation Club deferred cost activity within its Apple Leisure Group segment.Q4 & 2023 HighlightsThe company announced its fourth-quarter and full-year 2023 highlights. System-wide comparable RevPAR demonstrated a 9.1% increase in the fourth quarter compared with the year-a ...
Hyatt to Delay Issuance of Fourth Quarter and Full Year 2023 Earnings Release and Investor Conference Call
Businesswire· 2024-02-15 01:29
CHICAGO--(BUSINESS WIRE)--Hyatt Hotels Corporation ("Hyatt" or the "Company") (NYSE: H) today announced that it will delay the issuance of its fourth quarter and full year 2023 earnings release and investor conference call previously scheduled for February 15, 2024, as additional time is required to finalize accounting related to Unlimited Vacation Club deferred cost activity in its Apple Leisure Group segment, which has no cash impact. The Company will issue a separate press release when a rescheduled date ...
Hyatt (H) Gears Up to Report Q4 Earnings: What's in Store?
Zacks Investment Research· 2024-02-13 13:31
Hyatt Hotels Corporation (H) is scheduled to report fourth-quarter 2023 results on Feb 15, before the opening bell. In the last reported quarter, the company reported an earnings surprise of 16.7%.The Trend in Estimate RevisionThe Zacks Consensus Estimate for fourth-quarter earnings per share is pegged at 38 cents, indicating a decline of 85.1% from $2.55 reported in the year-ago quarter.For revenues, the consensus mark is pegged at approximately $1.56 billion. The metric suggests a decrease of 1.5% from th ...
Hyatt to Present at Upcoming Investor Conferences
Businesswire· 2024-02-01 22:30
CHICAGO--(BUSINESS WIRE)--Hyatt Hotels Corporation (NYSE: H) announced today participation by Joan Bottarini, Chief Financial Officer, at the following conferences: Presenting at the Raymond James & Associates’ 45th Annual Institutional Investors Conference at 11:35 a.m. ET on Tuesday March 5, 2024 in Orlando, FL. Presenting at the J.P. Morgan Gaming, Lodging, Restaurant, and Leisure Management Access Forum at 10:15 a.m. PT on Thursday, March 14, 2024 in Las Vegas, NV. All interested persons may liste ...
HGV vs. H: Which Stock Is the Better Value Option?
Zacks Investment Research· 2024-02-01 17:46
Investors with an interest in Hotels and Motels stocks have likely encountered both Hilton Grand Vacations (HGV) and Hyatt Hotels (H) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank favors stocks with strong earnings estimate revisio ...