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Dec 31, 2022
Hyatt Q4 2022 Earnings Report
Reported fourth quarter and full year 2022 financial results, achieving record cash flow and exceeding net rooms growth expectations.
Key Takeaways
Hyatt's Q4 2022 results showed a net income of $294 million and an Adjusted EBITDA of $232 million. Comparable system-wide RevPAR increased by 34.8%. The company also completed the acquisition of Dream Hotel Group and repurchased 1.15 million shares for $106 million during the quarter.
Net income was $294 million in the fourth quarter of 2022.
Adjusted EBITDA was $232 million in the fourth quarter of 2022.
Comparable system-wide RevPAR increased 34.8% in the fourth quarter of 2022.
The Company repurchased approximately 1.15 million shares for $106 million in the fourth quarter of 2022.
Hyatt
Hyatt
Forward Guidance
The Company is providing the following guidance for the 2023 fiscal year:
Positive Outlook
- System-Wide RevPAR 10% to 15%
- Net Rooms Growth Approx. 6.0%