Thu, May 1, 6:30 PM (14 days ago)
**Hyatt Hotels Corporation (H, NYSE) Q1 2025 Financial Summary** **Financial Health & Performance:** - **Revenue:** $1.718B, up 0.2% YoY. - **Net Income:** $20M, down 96.4% YoY. - **EPS:** $0.19 (diluted), down from $4.93 YoY. - **Adjusted EBITDA:** $273M, up 5.4% YoY. - **Cash Flow from Operations:** $153M, down 36.8% YoY. **Key Metrics:** - **RevPAR:** $135, up 5.7% YoY in constant currency. - **Net Package RevPAR:** $305, up 4.5% YoY. - **Occupancy:** 66.6%, up 2.1% YoY. - **ADR:** $202, up 2.3% YoY. **Segment Performance:** - **Management & Franchising:** Revenues up 14.1% YoY, Adjusted EBITDA up 16.5% YoY. - **Owned & Leased:** Revenues down 29.2% YoY, Adjusted EBITDA down 57.2% YoY. - **Distribution:** Revenues down 8.7% YoY, Adjusted EBITDA up 25.2% YoY. **Trends & Uncertainties:** - Strong demand in business transient and group travel. - Planned acquisition of Playa Hotels for $2.6B. - Increased interest expense due to senior notes issuance. - Uncertain tax positions and potential legal proceedings. **Future Operations Impact:** - Continued focus on portfolio growth and integration of acquisitions. - Potential divestitures and capital expenditures. - Ongoing share repurchase program and dividend payments. **Notable Changes:** - Issuance of $500M 5.050% senior notes due 2028 and $500M 5.750% senior notes due 2032. - Repayment of $450M 5.375% senior notes due 2025. - Entry into a $1.7B delayed draw term loan facility for the Playa Hotels acquisition.