earnings
confidence high
sentiment positive
materiality 0.75
Hyatt Q4 net income $294M, RevPAR up 34.8% YoY, net rooms growth 6.7%
Hyatt Hotels Corp
2022-FY EPS reported
$4.09
revenue$5,891,000,000
- Net income $294M ($2.69 diluted EPS), adjusted net income $278M ($2.55 adjusted diluted EPS); includes $250M non-cash deferred tax benefit.
- Adjusted EBITDA $232M in Q4, $908M for full year; comparable system-wide RevPAR +34.8% Q4, +60.2% FY vs 2021.
- Net rooms growth of 6.7% for FY 2022; pipeline of ~117,000 rooms, inclusive of 8,000 from Apple Leisure Group.
- Record cash flow from operations of $674M; share repurchases ~$106M in Q4 and ~$369M for full year 2022.
- ALG contributed $43M to Q4 Adjusted EBITDA; all-inclusive Net Package RevPAR $190.64 in Q4.