Hyatt Hotels Posts 4Q Revenue Decline, Swings to Loss

Dow Jones

13 Feb

By Denny Jacob

Hyatt Hotels posted a decline in fourth-quarter revenue despite strong demand from business and leisure travelers.

The hotel operator on Thursday said it swung to a loss of $56 million, or 58 cents a share, compared with net income of $26 million, or 25 cents a share, a year earlier.

Stripping out certain one-time items, earnings came in at 42 cents a share. Analysts polled by FactSet expected 75 cents a share.

Revenue declined to $1.6 billion from $1.66 billion. Analysts polled by FactSet expected $1.66 billion.

Hyatt said its results reflected strong business and leisure transient travel. It noted that group demand during the quarter was impacted by the shift of the Jewish holidays and the U.S. election in November.

The Chicago company said comparable revenue growth across all the properties the company manages, franchises or provides services for was 5% in the fourth quarter and 4.6% in 2024.

For 2025, Hyatt guided for comparable revenue growth of between 2% and 4% for across all the properties the company manages, franchises or provides services for, and it sees net income of $190 million to $240 million.

Hyatt earlier this month agreed to acquire Playa Hotels & Resorts for roughly $2.6 billion, including $900 million in debt.

Write to Denny Jacob at denny.jacob@wsj.com

(END) Dow Jones Newswires

February 13, 2025 07:25 ET (12:25 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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It noted that group demand during the quarter was impacted by the shift of the Jewish holidays and the U.S. election in November. \n</p>\n<p>\n  The Chicago company said comparable revenue growth across all the properties the company manages, franchises or provides services for was 5% in the fourth quarter and 4.6% in 2024. \n</p>\n<p>\n  For 2025, Hyatt guided for comparable revenue growth of between 2% and 4% for across all the properties the company manages, franchises or provides services for, and it sees net income of $190 million to $240 million. \n</p>\n<p>\n  Hyatt earlier this month agreed to acquire Playa Hotels &amp; Resorts for roughly $2.6 billion, including $900 million in debt. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Denny Jacob at denny.jacob@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 13, 2025 07:25 ET (12:25 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hyatt Hotels Posts 4Q Revenue Decline, Swings to Loss</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHyatt Hotels Posts 4Q Revenue Decline, Swings to Loss\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-02-13 20:25</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Denny Jacob \n</p>\n<pre>\n \n</pre>\n<p>\n  Hyatt Hotels posted a decline in fourth-quarter revenue despite strong demand from business and leisure travelers. \n</p>\n<p>\n  The hotel operator on Thursday said it swung to a loss of $56 million, or 58 cents a share, compared with net income of $26 million, or 25 cents a share, a year earlier. \n</p>\n<p>\n  Stripping out certain one-time items, earnings came in at 42 cents a share. 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It noted that group demand during the quarter was impacted by the shift of the Jewish holidays and the U.S. election in November.For 2025, Hyatt guided for comparable revenue growth of between 2% and 4% for across all the properties the company manages, franchises or provides services for, and it sees net income of $190 million to $240 million.Hyatt earlier this month agreed to acquire Playa Hotels & Re","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"H":"凯悦酒店"},"translate_title":"凯悦酒店第四季度收入下降，陷入亏损","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"H":1},"content_text":"By Denny Jacob \n\n\n \n\n\n  Hyatt Hotels posted a decline in fourth-quarter revenue despite strong demand from business and leisure travelers. \n\n\n  The hotel operator on Thursday said it swung to a loss of $56 million, or 58 cents a share, compared with net income of $26 million, or 25 cents a share, a year earlier. \n\n\n  Stripping out certain one-time items, earnings came in at 42 cents a share. Analysts polled by FactSet expected 75 cents a share. \n\n\n  Revenue declined to $1.6 billion from $1.66 billion. Analysts polled by FactSet expected $1.66 billion. \n\n\n  Hyatt said its results reflected strong business and leisure transient travel. It noted that group demand during the quarter was impacted by the shift of the Jewish holidays and the U.S. election in November. \n\n\n  The Chicago company said comparable revenue growth across all the properties the company manages, franchises or provides services for was 5% in the fourth quarter and 4.6% in 2024. \n\n\n  For 2025, Hyatt guided for comparable revenue growth of between 2% and 4% for across all the properties the company manages, franchises or provides services for, and it sees net income of $190 million to $240 million. \n\n\n  Hyatt earlier this month agreed to acquire Playa Hotels & Resorts for roughly $2.6 billion, including $900 million in debt. \n\n\n \n\n\n  Write to Denny Jacob at denny.jacob@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 13, 2025 07:25 ET (12:25 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1}}}