Hyatt Q4 2024 Earnings Report

Key Takeaways

Hyatt reported a net loss of $56 million in Q4 2024, with revenue estimated at $1.6 billion. RevPAR grew by 5.0% year-over-year, and adjusted EBITDA increased to $255 million. The company continued its asset-light strategy, completing acquisitions and repurchasing $1.19 billion in shares.

Total Revenue

$1.61B

Previous year: $1.69B

-5.0%

EPS

$0.42

Previous year: $0.64

-34.4%

System-wide RevPAR Growth

Net Rooms Growth

7.8%

Adjusted EBITDA

$255M

Previous year: $249M

+2.4%

Cash and Equivalents

$1.38B

Previous year: $896M

+54.5%

Free Cash Flow

$184M

Previous year: $310M

-40.6%

Total Assets

$13.3B

Previous year: $896M

+1387.1%

Hyatt Revenue

Hyatt EPS

Hyatt Revenue by Segment

Forward Guidance

Hyatt expects 2025 RevPAR growth between 2.0% and 4.0%, with net income projected between $190 million and $240 million. The company remains committed to its asset-light strategy and anticipates further expansion in key markets.

Positive Outlook

Projected system-wide RevPAR growth of 2.0% to 4.0% in 2025.
Net rooms expected to grow by 6.0% to 7.0%.
Planned adjusted EBITDA between $1.1 billion and $1.15 billion.
Continued expansion through acquisitions and strategic partnerships.
Strong liquidity position with $2.9 billion available.

Challenges Ahead

Potential economic headwinds affecting travel demand.
Ongoing integration risks from recent acquisitions.
Fluctuations in international travel recovery trends.
Possible impact of rising interest rates on financing costs.
Uncertainty surrounding future asset sales to support the asset-light strategy.