Hyatt Q1 net income $522M, RevPAR +5.5%; board authorizes $1B buyback

Hyatt Hotels Corp

2024-Q1 EPS reported $4.93 revenue$1,714,000,000

Q1 RevPAR +5.5% YoY; net income $522M ($4.93 diluted EPS); adjusted EBITDA $252M.
Adjusted net income $75M ($0.71 adjusted EPS); gross fee revenue record $262M.
Full-year guidance: RevPAR +3-5%, adjusted EBITDA $1,150-1,190M, net income $1,135-1,195M.
Board authorized additional $1B share repurchase; Q1 repurchased $388M of shares.
Pipeline record ~129k rooms; World of Hyatt members 46M (+22% YoY).

item 2.02 item 7.01 item 8.01 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.8

Hyatt Hotels Corp reported quarter ended March 31, 2024 results: net income $522 million, EPS $4.93.

Period: quarter ended March 31, 2024
Net income: $522 million
EPS: $4.93
Result: reported results

Exact text from the filing

On May 9, 2024, Hyatt Hotels Corporation (the "Company") issued a press release announcing its results for its quarter ended March 31, 2024.

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Source: SEC EDGAR

accession 0001468174-24-000058

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