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Hyatt reports Q2 adjusted EPS 68c, consensus 67c

Reports Q2 adjusted EBITDA $303M, a decrease of 1.1% vs. last year, or an increase of 9.0% after adjusting for assets sold in 2024. Comparable system-wide hotels RevPAR increased 1.6%, compared to the second quarter of 2024. Net rooms growth was 11.8% and net rooms growth excluding acquisitions was 6.5%. CEO Mark Hoplamazian said, “Q2’s results reflect solid performance across our business, including strong fee contribution in a lower RevPAR growth environment. As we look ahead, we are encouraged by recent booking trends, leaving us optimistic about improving performance in the fourth quarter and into next year. We are confident that we will continue to deliver strong financial results as we leverage our brand-led strategy and long history of industry leading net rooms growth. The Playa transactions, including the agreement to sell the entirety of Playa’s real estate portfolio, reinforce our commitment to our asset-light business model and solidifies our leadership in the fast-growing luxury all-inclusive segment. The acquisition and planned disposition of the Playa real estate portfolio, at an attractive multiple, allows us to once again create highly durable fees and long term value for shareholders.”

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