The Zacks Hotels and Motels industry performance in 2024 is likely to be impacted by high costs, heightened geopolitical risks and persistent macroeconomic uncertainty. However, industry participants focus on expansion efforts, hotel conversions, strategic partnerships and loyalty programs bode well. The industry has exhibited resilience behind cost-saving initiatives and digital enhancements. Hotel owners continue to focus on maintaining a balance between maximizing hotel profitability and driving guest sa ...

42nd Street with traffic and view of Hyatt hotel, Pershing Square Plaza and Grand Central station, ... [+] New York City. (Photo by: Lindsey Nicholson/UCG/Universal Images Group via Getty Images) UCG/Universal Images Group via Getty Images Hyatt stock has gained close to 14% since early 2024, roughly in line with the S&P 500. In comparison, rival Hilton stock is up about 17% over the same period. There are a couple of trends driving the recent price appreciation. Travel and leisure demand has remained robus ...

Hyatt Hotels Corporation’s (H) performance is benefiting from the consistent focus on an asset-light model initiative and footprint expansion plans in new and existing markets accompanied by strategic partnerships. Shares of this Zacks Rank #3 (Hold) company gained 14.6% in the past six months, outperforming the Zacks Hotels and Motels industry’s 8.8% growth. The uptrend is most likely attributable to the solid leisure and business travel demand, especially strong outbound travel from Greater China, which r ...

Hyatt Hotels Corporation (H) announced the upcoming debut of its reportable brand, Hyatt Centric, in Puerto Rico, in partnership with Interlink and Vivo Beach Club. The former Verdanza Hotel is currently undergoing a $25 million-dollar worth enhancement, which is inspired by Puerto Rico’s enchanted landscape including the amalgamation of the island’s captivating land and sea elements. The refurbished property will join the Hyatt portfolio under the name Hyatt Centric San Juan Isla Verde and is expected to o ...

文章核心观点 - Zacks Premium是一个可以帮助投资者更自信地投资股市的研究服务 [1][2] - Zacks Style Scores是一组辅助指标,可以帮助投资者选择有更好机会战胜市场的股票 [3][4] - Style Scores包括价值、成长和动量三个维度,评分越高表示股票越具有相应的特征 [5][6][7][8] - Style Scores与Zacks Rank结合使用,可以帮助投资者构建更成功的投资组合 [9][10][12][13][14] 公司概况 - Hyatt Hotels是一家全球领先的酒店公司,拥有约1,300家酒店遍布全球77个国家 [15] - Hyatt Hotels目前在Zacks Rank中评级为3(Hold),VGM评分为B [15] - 公司预计在当前财年的收益将同比增长28.5%,两名分析师在过去60天内上调了2024财年的盈利预测 [16][17]

财务数据和关键指标变化 - 第一季度系统范围内的RevPAR增长5.5% [10] - 毛费用达到创纪录的2.62亿美元,同比增长13% [42] - 特许经营和其他费用增长21%,激励性费用增长16%,基本费用增长8% [42] - 管理和特许经营分部的调整后EBITDA增长约10% [42] - 拥有和租赁分部的调整后EBITDA下降9% [44] - 总公司调整后EBITDA增长约3% [47] 各条业务线数据和关键指标变化 - 休闲客运收入增长7% [11][12] - 团体客房收入增长约6% [14] - 商务客运收入增长约6% [15] - 全包度假村的净包价RevPAR增长10% [41] - 欧洲全包度假村的净包价RevPAR增长约25% [41] 各个市场数据和关键指标变化 - 亚太地区(不含大中国)RevPAR增长21% [40] - 大中国地区RevPAR增长约12% [40] - 美洲(不含美国)地区RevPAR增长约12% [40] - 欧洲地区RevPAR增长10% [40] - 美国地区RevPAR增长约2% [40] 公司战略和发展方向及行业竞争 - 公司正在积极拓展网络效应,通过在新市场和不同价位点增加产品供给来满足客户需求 [25] - 公司管道达到创纪录的约12.9万间客房,同比增长10% [22] - 公司正在与Mr & Mrs Smith合作,将其700多家精品和奢华酒店和别墅纳入公司渠道 [17][18] - 公司正在与Peloton合作,为会员提供健康福利 [19] - 公司正在积极处置资产,已完成3笔出售交易,获得5.35亿美元的收益 [30] - 公司将在今年底前完成20亿美元的资产出售承诺 [33] 管理层对经营环境和未来前景的评论 - 公司对全年3%-5%的RevPAR增长目标保持信心 [51] - 公司预计国际市场的RevPAR增长将超过5%-3%的指导区间上限,而美国市场将位于下限附近 [51] - 公司对集团和商务客运的贡献以及休闲客运的温和增长保持乐观 [51] - 公司认为通胀和利率上升对高端客户群体的影响有限 [116] - 公司对未来几年的集团业务预订情况保持乐观,认为这将是一个持续贡献的"礼物" [110][111] 问答环节重要的提问和回答 问题1 **Daniel Politzer 提问** 公司未来是否会继续大规模出售资产 [59] **Mark Hoplamazian 回答** 公司不会再设定新的资产出售目标,未来将根据具体机会进行选择性出售,但不会追求完全无资产运营 [60][61][62][63][64] 问题2 **Shaun Kelley 提问** ALG Vacations业务的表现与公司度假村业务的强劲表现存在差异的原因 [74] **Mark Hoplamazian 和 Joan Bottarini 回答** ALG Vacations业务受到去年同期非常出色表现的基数影响,但公司自有度假村的需求仍然很强劲 [75][76][77][78][79] 问题3 **Stephen Grambling 提问** 公司未来的资本配置策略 [88] **Joan Bottarini 回答** 公司将继续保持投资级别的资本结构,同时积极回报股东,未来如有新的收购机会将根据具体情况进行评估和平衡 [89][90]

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, 2024 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) Delaware 20-1480589 (State or ...

Hyatt Hotels Corporation (H) delivered tepid first-quarter 2024 results, wherein earnings and revenues missed the Zacks Consensus Estimate. Then again, the top and bottom lines increased on a year-over-year basis. Hyatt’s results reflect year-over-year growth in comparable system-wide revenue per available room (RevPAR), driven by an increase in occupancy and average daily rate (ADR). This uptrend is mainly driven by solid demand across all customer segments. Travel demand by leisure guests, especially in M ...

Hyatt Hotels (H) reported $1.71 billion in revenue for the quarter ended March 2024, representing a year-over- year increase of 2%. EPS of $0.71 for the same period compares to $0.41 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $1.72 billion, representing a surprise of -0.37%. The company delivered an EPS surprise of -2.74%, with the consensus EPS estimate being $0.73. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how ...

Hyatt Hotels (H) came out with quarterly earnings of $0.71 per share, missing the Zacks Consensus Estimate of $0.73 per share. This compares to earnings of $0.41 per share a year ago. These figures are adjusted for non- recurring items. This quarterly report represents an earnings surprise of -2.74%. A quarter ago, it was expected that this hotel operator would post earnings of $0.38 per share when it actually produced earnings of $0.64, delivering a surprise of 68.42%. Over the last four quarters, the comp ...