Hyatt Q3 net income $68M, record fee revenue $250M, pipeline 123k rooms

Hyatt Hotels Corp

2023-Q3 EPS reported $1.80 revenue$5,007,000,000

Net income $68M ($0.63 EPS) vs $28M prior year; adjusted net income $75M ($0.70 adjusted EPS).
Total fee revenue record $250M; comparable system-wide RevPAR up 8.9% YoY.
Pipeline expands to record 123,000 rooms; net rooms growth ~6.2%.
Share repurchases ~1.25M shares for $144M in Q3 2023.
Adj. EBITDA $247M vs $252M year ago; comparable owned/leased margins 23.5%.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Hyatt Hotels Corp reported third quarter 2023 results: net income $68 million, EPS $0.63.

Period: third quarter 2023
Net income: $68 million
EPS: $0.63
Result: reported results

Exact text from the filing

today reported third quarter 2023 financial results. Highlights include: • Net Income was $68 million in the third quarter of 2023 compared to $28 million in the third quarter of 2022. Adjusted net income was $75 million in the third quarter of 2023 compared to $72 million in the third quarter of 2022. • Diluted EPS was $0.63 in the third quarter of 2023 compared to $0.25 in the third quarter of 2022.

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Hyatt Hotels Corp filing history →

Source: SEC EDGAR

accession 0001468174-23-000093

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