earnings
confidence high
sentiment positive
materiality 0.80
Hyatt reports Q4 net income $26M, adjusted EPS $0.64; record fees, highest cash flow in history
Hyatt Hotels Corp
2023-FY EPS reported
$2.05
revenue$6,667,000,000
- Net income $26M in Q4 ($220M FY); diluted EPS $0.25 ($2.05 FY); adjusted EPS $0.64 ($2.56 FY).
- Adjusted EBITDA $241M Q4 ($1,029M FY), exceeding full-year outlook; system-wide RevPAR +9.1% Q4 (+17% FY).
- Net rooms growth 5.9% in 2023; pipeline ~127K rooms; asset-light earnings mix ~76%.
- Returned $500M to shareholders in 2023, including $453M share repurchases (4.1M shares).
- Sold 80% of Unlimited Vacation Club for $80M; will continue to manage under long-term agreement.