HighGravityData

Hyatt Hotels — May 1, 2025 release

Fiscal 2025 first-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001468174-25-000054
Open on SEC.gov ↗
Showing in the filing
Adjusted EBITDA
“$1,080 million and $1,135 million”
Period
FY2025
Measure
Company-defined measure
Source
Prose
All guidance in this release · 10
Net income for FY2025
“$95 million and $150 million”
Adjusted EBITDA for FY2025
“$1,080 million and $1,135 million”
Adjusted Free Cash Flow for FY2025
“$450 million and $500 million”
Cash dividend for Q2 FY2025
“$0.15 per share”
Comparable system-wide hotels RevPAR growth for FY2025
“1% to 3%”
Net rooms growth for FY2025
“6% to 7%”
Gross Fees for FY2025
“$1,185 - $1,215”
Adjusted G&A Expenses for FY2025
“$450 - $460”
Capital Expenditures for FY2025
“Approx. $150 Approx. (12)%”
System-wide RevPAR implied balance of year g… for FY2025
“0% at the low end of our range and 2% at the high end of our range”
Exhibit 99.1 · the passage around this item
… earlier in the release
Highlights include: • Comparable system-wide hotels RevPAR increased 5.7%, compared to the first quarter of 2024 • Net rooms growth wa s 10.5% • Net income attributable to Hyatt Hotels Corporation was $20 million and Adjusted Net Income was $46 million • Diluted EPS was $0.19 and Adjusted Diluted EPS was $0.46 • Gross fees were $307 million, an increase of 16.9%, compared to the first quarter of 2024 • Adjusted EBITDA was $273 million, an increase of 5.4%, or an increase of 24.4% after adjusting for assets sold in 2024, compared to the first quarter of 2024 • Pipeline of executed management or franchise contracts was approximately 138,000 rooms • Repurchased approximat ely 1.1 million shares of Class A common stock for an aggregate purchase price of $149 million • Full Year 2025 Outlook: ◦ Comparable system-wide hotels RevPAR growth is projected between 1% to 3%, compared to the full year 2024 ◦ Net rooms growth is projected between 6% to 7%, compared to the full year 2024 ◦ Net income is projected between $95 million and $150 million ◦ Adjusted EBITDA is projected between $1,080 million and $1,135 million, an increase of 6% to 12% after adjusting for assets sold in 2024, compared to the full year 2024 ◦ Adjusted Free Cash Flow is projected between $450 million and $500 million, excluding approximately $117 million of cash taxes on asset sales and approximately $43 million of costs associated with the Playa Hotels Acquisition Mark S. Hoplamazian, President and Chief Executive Officer of Hyatt, said, "In the face of growing volatility in the economy and financial markets, we continue to deliver strong performance, highlighted by our first quarter results. As we look ahead, recent shifts in booking behavior—particularly in shorter-term demand—have led us to modestly revise our outlook for the remainder of the year. That said, we remain confident in the resilience of our asset-light business model, the strength of our brand portfolio, and our ability to adapt to evolving market conditions. We are excited about the momentum in our pipeline and the continued strong demand we're seeing for our brands around the world." Refer to the table on schedule A-8 for a summary of special items impacting Adjusted Net Income and Adjusted Diluted EPS for the three months ended March 31, 2025. Note: Al
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.