H
Hyatt Hotels Corporation162.69
-3.71-2.23%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
AI gains, brand momentum affirmed
Q&A reinforced the 6%-7% net rooms growth guidance with granular pipeline acceleration across new upper midscale brands—Hyatt Select jumping to 32 hotels, Studios and Unscripted advancing rapidly—while confirming portfolio deals as upside. Management detailed AI agentic platforms live in production, boosting group sales productivity nearly 20% and enabling G&A efficiencies beyond cost cuts. They committed to monetizing nonconsolidated JVs over time, aligning with the EBITDA definition change, and openness to ALG Vacations alternatives if strategic value holds. January RevPAR topped the range amid firming business transient. AI delivers tangible wins. Investors will eye conversion execution and Jamaica recovery.
Key Stats
Market Cap
15.53BP/E (TTM)
-Basic EPS (TTM)
-0.73Dividend Yield
0%Recent Filings
8-K
Pritzker retires; Hoplamazian named Chairman
Hyatt Hotels disclosed on February 16, 2026, that Thomas J. Pritzker retired as Executive Chairman effective immediately and won't seek re-election at the May annual meeting, with no disagreements cited. Mark S. Hoplamazian steps up as Chairman alongside his CEO role. Pritzker's exit terminates voting provisions on 2,270,395 Class B shares (4.0% voting power) under the 2007 Stockholders' Agreement. Leadership consolidates smoothly.
10-K
FY2025 results
Hyatt Hotels posted FY2025 revenues of $7,101 million alongside a $52 million net loss attributable to common stockholders, pressured by $173 million in transaction/integration costs from the Playa Hotels acquisition and $40 million in asset impairments, yet delivered Adjusted EBITDA of $1,159 million, up 5.8% y/y. Q4 drove momentum with comparable system-wide RevPAR +2.9% y/y (constant $), fueled by leisure transient strength outside the U.S. and all-inclusive Net Package RevPAR +8.6% y/y; owned/leased RevPAR climbed 5.7% y/y on group/business transient gains. Fee revenues surged 9.0% y/y to $1,198 million on portfolio expansion via Bahia Principe and base/incentive fees, while capex held to $220 million. Balance sheet stays solid with $813 million cash/short-term investments and $1.5 billion revolver capacity; $678 million remains for buybacks after $293 million repurchases. Global economic uncertainty risks quarterly momentum.
8-K
Hyatt's 2025 results, 2026 outlook
Hyatt reported Q4 and full-year 2025 results on February 12, 2026, with system-wide hotels RevPAR up 4.0% in Q4 and 2.9% for the year, all-inclusive Net Package RevPAR surging 8.3% and 8.6%. Gross fees hit $1,198M, up 9.0%; Adjusted EBITDA reached $1,159M, up 5.8%. Pipeline swelled 7% to 148,000 rooms. Guides 2026 RevPAR 1-3%, Adjusted EBITDA $1.155-1.205B. Fees drive growth.
8-K
Closes $2B Playa sale
Hyatt closed the $1,977.5 million all-cash sale of its Playa real estate portfolio to Tortuga on December 30, 2025, after a prior $22.5 million property sale, totaling $2.0 billion. It secured 50-year management agreements for 13 resorts and retained $200 million preferred equity plus up to $143 million earnout. Hurricane Melissa slashed Playa's 2025 Adjusted EBITDA outlook by $10 million midpoint. Hyatt goes fully asset-light.
8-K
Hyatt issues $400M notes
Hyatt issued $400M 5.4% senior notes due 2035 on November 26, netting $396.2M to redeem all $400M 4.85% notes due 2026, with redemption set for December 15. This extends maturities nine years while raising the coupon 55bps. Notes rank equally with other senior unsecured debt. Redemption notice went out November 20.
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