Hyatt Hotels — Oct 31, 2024 release
Fiscal 2024 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001468174-24-000105
Showing in the filing
Adjusted G&A Expenses
“$425 - $435”
Period
FY2024
Measure
Company-defined measure
Source
Guidance table
All guidance in this release · 12
Net Income for FY2024
“between $1,400 million and $1,450 million”
Adjusted EBITDA for FY2024
“between $1,100 million and $1,120 million”
Capital Returns to Shareholders for FY2024
“approximately $1,250 million”
Asset-light earnings mix for FY2025
“exceed 80%”
Cash dividend per share for Q4 FY2024
“$0.15 per share”
Comparable system-wide hotels RevPAR (consta… for FY2024
“3.0% to 4.0%”
Net Rooms Growth for FY2024
“7.75% to 8.25%”
Net Rooms Growth excluding Bahia Principe Tr… for FY2024
“4.0% to 4.5%”
Gross Fees for FY2024
“$1,085 - $1,110”
Adjusted G&A Expenses for FY2024
“$425 - $435”
Capital Expenditures for FY2024
“Approx. $170”
Free Cash Flow for FY2024
“$380 - $410”
Exhibit 99.1 · the passage around this item
… earlier in the release
2023 System-Wide Hotels RevPAR 1 3.0% to 4.0% Net Rooms Growth 7.75% to 8.25% Net Rooms Growth excluding Bahia Principe Transaction 4.0% to 4.5% (in millions) Full Year 2024 Net Income $1,400 - $1,450 Gross Fees $1,085 - $1,110 Adjusted G&A Expenses 2 $425 - $435 Adjusted EBITDA 2, 3 $1,100 - $1,120 Capital Expenditures Approx. $170 Free Cash Flow 2 $380 - $410 Capital Returns to Shareholders 4 Approx. $1,250 1 RevPAR is based on constant currency whereby previous periods are translated based on the current period exchange rate. RevPAR percentage for 2024 vs. 2023 is based on comparable hotels. 2 Refer to the tables on schedule A-9 for a reconciliation of estimated Net Income attributable to Hyatt Hotels Corporation to Adjusted EBITDA, G&A expenses to Adjusted G&A Expenses, and net cash provided by operating activities to Free Cash Flow. 3 During the nine months ended September 30, 2024, the Company revised its definition of Adjusted EBITDA to exclude transaction and integration costs and recast prior-period results to provide comparability. Adjusted EBITDA outlook reflects the removal of approximately $26 million relating to this definition revision. Refer to page A-5 of the schedules for additional detail. 4 The Company expects to return capital to shareholders through a combination of cash dividends on its common stock and share repurchases. No disposition or acquisition activity beyond what has been completed as of the date of this rel
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.