Hyatt Hotels ( (H) ) has released its Q4 earnings. Here is a breakdown of the information Hyatt Hotels presented to its investors.
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Hyatt Hotels Corporation is a leading global hospitality company based in Chicago, managing a diverse portfolio of luxury, lifestyle, and all-inclusive properties worldwide. The company is known for its commitment to caring for people and operates brands including Park Hyatt, Andaz, and Grand Hyatt, among others.
In its latest earnings report, Hyatt Hotels announced strong financial results for both the fourth quarter and the full year of 2024. The company reported a notable increase in system-wide RevPAR and net rooms growth, alongside a substantial net income for the year, reflecting robust performance despite a challenging fourth quarter.
Key financial highlights include a 7.8% net rooms growth for the year, aligning with the company’s outlook, and a full-year net income of $1,296 million. Adjusted EBITDA for the year reached $1,096 million, and the company repurchased $1,190 million in common stock. Strategic acquisitions and property sales were also significant, including the acquisition of Standard International and Bahia Principe.
Looking ahead, Hyatt projects continued growth in 2025, with expected RevPAR growth between 2.0% and 4.0% and net rooms growth from 6.0% to 7.0%. The company aims for a net income between $190 million and $240 million and plans to enhance its asset-light model further.
Hyatt’s management remains focused on evolving its business model and expanding its global presence, leveraging strong brand recognition and loyalty program growth to deliver value to stakeholders in the upcoming year.
