secwatch.observer — SEC 8-K summary
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Issuer:     Playa Hotels & Resorts N.V. (—)
CIK:        0001692412
Form:       8-K
Filed at:   2024-05-06T23:59:59+00:00
Accession:  0001692412-24-000107
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Playa Hotels Q1 net income $54.3M, Adjusted EBITDA $113.5M, reaffirms FY2024 guidance $250-275M
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- Net income $54.3M vs $42.7M YoY; Adjusted Net Income $55.2M vs $49.0M.
- Net Package RevPAR up 20.2% to $427.17 (comparable up 7.8% to $450.33).
- Owned Resort EBITDA $124.0M (13.4% YoY); margin 43.3% (up 1.4 pts).
- FY 2024 Adjusted EBITDA guidance reaffirmed at $250M-$275M despite Jamaica demand weakness and FX headwinds.
- Repurchased nearly $50M shares year-to-date; cash $285.3M, debt $1.09B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1692412/000169241224000107/0001692412-24-000107-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1692412/000169241224000107/plya-20240506.htm
  HTML page:      https://secwatch.observer/filing/0001692412-24-000107

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer