Hyatt Q4 2019 Earnings Report

Hyatt reported strong Q4 2019 results driven by record openings and net rooms growth.

Key Takeaways

Hyatt Hotels Corporation reported a net income of $321 million for Q4 2019, a significant increase compared to Q4 2018. The company experienced growth in fee revenues and net rooms, fueled by a record number of new hotel openings. Adjusted EBITDA also saw an increase, while comparable system-wide RevPAR decreased slightly.

Net income increased 621.5% to $321 million.

Adjusted EBITDA increased 5.3% to $191 million.

Total fee revenues increased 11.8% to $161 million.

The Company repurchased 1,791,854 shares of Class A common stock for an aggregate purchase price of $141 million.

Total Revenue

$1.28B

Previous year: $1.14B