The Hotels and Motels industry exhibited consistent performance, driven by significant growth in group room nights. Amanda Hite, president of STR, highlighted the U.S. hotel industry's robust performance in 2023, with a 5% increase in Revenue per Available Room (RevPAR) compared with the previous year’s levels. Occupancy rates steadily approached 2019 levels. Average Daily Rate (ADR) and RevPAR levels were consistently above the industry benchmark in nominal terms. The metrics demonstrate progress even when ...

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 Thursday, February 15, 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 fo ...

Financial Data and Key Metrics Changes - Hyatt reported net income of $68 million and diluted earnings per share of $0.63 for Q3 2023, with adjusted EBITDA at $247 million [23] - Total management franchise license and other fees reached a historic milestone of $250 million, reflecting nearly 70% growth from Q3 2019 [24] - Adjusted EBITDA for the owned and leased segments increased approximately 6% from Q3 2022 and 42% from Q3 2019 [27] Business Line Data and Key Metrics Changes - RevPAR increased by 8.9% in Q3 2023, with occupancy growing by 420 basis points and average daily rates up by 2.6% [8] - Leisure transient revenue increased by 4% year-over-year, while business transient revenue rose by 19%, recovering to approximately 90% of Q3 2019 levels [9] - Group room revenue increased by 10% compared to 2022 and was up 5% compared to 2019, with group production for America's full-service managed properties booking approximately $450 million, a 17% increase [9] Market Data and Key Metrics Changes - Greater China led the recovery with RevPAR up 56% year-over-year and 20% compared to 2019 [26] - The Asia-Pacific region contributed $42 million in fees, up 40% year-over-year [26] - The Americas region saw solid fee growth of 7%, with RevPAR in the U.S. increasing by 3% [26] Company Strategy and Development Direction - The company aims to maintain industry-leading growth driven by an 8% increase in its pipeline, reaching a record of 123,000 rooms [11] - The introduction of Homes & Hideaways by World of Hyatt is part of the strategy to enhance member experience and drive growth [11] - The company is focused on expanding its asset-light earnings mix, which reached approximately 80% for the quarter [24] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the long-term outlook, citing strong demand for travel, particularly among leisure and group customers [20] - The recovery in Greater China is expected to be a continued tailwind for management fees and net room growth [20] - Management acknowledged challenges in the short term due to increased costs but remains optimistic about future growth prospects [31] Other Important Information - The company achieved a net rooms growth of 6.2% and expanded its select service footprint in both the Americas and Asia-Pacific regions [12] - As of September 30, 2023, Hyatt reported total liquidity of approximately $2.2 billion, including $727 million in cash [30] - The company reaffirmed its full-year 2023 system-wide RevPAR growth expectations to a range of 15% to 16% compared to 2022 [31] Q&A Session Summary Question: Thoughts on hotel developments in China amid economic slowdown - Management noted strong demand in China with a steady recovery in international travel, optimistic about maintaining net room and pipeline growth despite challenges in the private sector [36][39] Question: Insights on UVC and its outlook - Management indicated that the tempering seen in UVC is temporary, with confidence in recovery based on upcoming festive periods and first-quarter demand [40][41] Question: Clarification on ALG's performance and future expectations - Management views the current performance of ALG as a strong baseline for growth, with expectations for continued demand and increased airline schedules into Cancun [49][52] Question: Updates on property disposals and capital return guidance - Management confirmed progress on property transactions but refrained from disclosing specific details until closures are finalized, maintaining a focus on returning capital to shareholders [63][65] Question: Perspectives on high-end leisure travel trends - Management expressed confidence in the continued strength of leisure demand, noting a significant increase in departures to Europe and a balanced recovery across domestic and international destinations [70][72]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Delaware 20-1480589 (State or Other Jurisdiction of Incorporation or Organization) (I.R.S. Employer Identification No.) 150 North Riverside Plaza 8th Floor, Chicago, Ill ...

Hyatt Hotels Corporation (NYSE:H) Q2 2023 Earnings Conference Call August 3, 2023 9:00 AM ET Company Participants Joan Bottarini - Chief Financial Officer Adam Rohman - Investor Relations & Global Financial Planning & Analysis Mark Hoplamazian - President & Chief Executive Officer Conference Call Participants Joseph Greff - JPMorgan Patrick Scholes - Truist Securities Duane Pfennigwerth - Evercore ISI Chad Beynon - Macquarie Stephen Grambling - Morgan Stanley Shaun Kelley - Bank of America Operator Good mor ...

For the quarterly period ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File No. 001-34521 HYATT HOTELS CORPORATION (Exact Name of Registrant as Specified in Its Charter) (State or Other Jurisdiction o ...

Hyatt Hotels Corporation (NYSE:H) Q1 2023 Earnings Conference Call May 4, 2023 9:00 AM ET Company Participants Noah Hoppe - SVP, IR and Financial Planning & Analysis Mark Hoplamazian - President, CEO & Director Joan Bottarini - EVP & CFO Conference Call Participants Stephen Grambling - Morgan Stanley Joseph Greff - JPMorgan Chase & Co. Dori Kesten - Wells Fargo Securities William Crow - Raymond James & Associates Charles Scholes - Truist Securities Shaun Kelley - Bank of America Merrill Lynch Richard Clarke ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 001-34521 HYATT HOTELS CORPORATION (Exact Name of Registrant as Specified in Its Charter) (State or Other Jurisdiction ...

Raymond James & Associates Institutional Investors Conference Joan Bottarini Chief Financial Officer Hyatt Hotels Corporation March 7, 2023 INVESTOR DAY LOCATION SECRETS® IMPRESSION MOXCHE FORWARD-LOOKING STATEMENTS Forward-Looking Statements in this presentation, which are not historical facts, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include statements about Hyatt Hotels Corporation's (the "Company") plans, strategies, outl ...

J.P. Morgan Gaming, Lodging, Restaurant and Leisure Management Access Forum J o a n B o t t a r i n i C h i e f F i n a n c ia l O f f i c e r H y a t t H o t e l s C o r p o r a t io n M a r c h 1 5 , 2 0 2 3 INV E S TOR DAY LOCAT ION S E CRE TS® IMP RE S SION MOX CHE F OR WA R D- L OOKIN G S TAT E ME N T S Forward-Looking Statements in this presentation, which are not historical facts, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statemen ...