Q 3 2 0 2 2 E A R N I N G S U P D AT E

T H O M P S O N ® M A D R I D N E W L Y O P E N E D I N Q 3 2 0 2 2

Total fee revenue

System-wideRevPAR

exceeds 2019

up 2% compared to

by 50%

2019; up 5% excluding

Greater China

Raises full-year outlook for Net Rooms Growth to approximately 6.5%

Expands pipeline to 114,000 rooms, a new record

Hyatt Continues to Transform Through Recently Announced Asset-Light Deals

  • Joint Venture with Kiraku to launch the ATONA brand of Ryokans in Japan
  • Agreement with Lindner Hotels to increase our franchised portfolio in Europe
  • Five ALG branded all-inclusive resorts in Bulgaria; majority expected to open 2023

S T R AT E G I C A G I L I T Y

Driving Results

$28M INCOME

$0.25 EPS

NET

DILUTED

$224M FEES1

18.7% GROWTH2

TOTAL

NET ROOMS

Mark Hoplamazian

President & CEO

Hyatt

  • We had a tremendous quarter that demonstrates our unique positioning and differentiated model. We reported total fee revenue that exceeded 2019 by 50%, raised our full-year 2022 Net Rooms Growth outlook to approximately 6.5%, and expanded our pipeline to 114,000 rooms. Our greater mix of fee- based earnings is driving record results and significant free cash flow. We continue to see demand accelerating

and our outlook remains optimistic based

on our latest booking trends.

"

ADJUSTED

ALG'S NET

ALG'S NET

$252M EBITDA3

$17M DEFERRALS4

$26M FINANCED CONTRACTS4

  1. Represents gross Management, Franchise, and Other Fees.
  2. Represents Total Net Rooms Growth over the trailing 12-month period; Excluding ALG, Net Rooms Growth is 4.5% over the trailing 12-month period.
  3. Adjusted EBITDA is a non-GAAP measure that is not calculated or presented in accordance with generally accepted accounting principles in the United States ("GAAP") and may not be comparable to similarly titled measures of other companies due to varying methods of calculations. For how we define Adjusted EBITDA and for a reconciliation to the most directly comparable GAAP measure, please see Hyatt's Q3 2022 earnings release available at investors.hyatt.com.
  4. Relates to Net Deferrals and Net Financed Contracts associated with Unlimited Vacation Club contracts. Refer to Hyatt's Q3 2022 earnings release available at investors.hyatt.com for definitions of Net Deferrals and Net Financed Contracts.

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Hyatt Hotels Corporation published this content on 03 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 November 2022 11:02:01 UTC.