Overview

* Hyatt Q2 Adjusted EPS beat analyst expectations, per LSEG data

* Adjusted EBITDA missed analyst estimates, per LSEG data

* Company completed Playa Hotels acquisition and plans to sell real estate portfolio

Outlook

* Hyatt projects 2025 RevPAR growth between 1% to 3%

* Company expects 2025 net rooms growth of 6% to 7%

* Hyatt sees 2025 net income between $135 mln and $165 mln

* Company projects 2025 adjusted EBITDA of $1,085 mln to $1,130 mln

Result Drivers

* LUXURY CHAIN SCALES - RevPAR growth of 1.6% driven by luxury chain scales, despite decline in select service hotels in the U.S.

* GROSS FEES GROWTH - Gross fees increased 10%, with significant contributions from Bahia Principe and Standard International Transactions

* ROOMS GROWTH - Net rooms growth was 11.8%, with a 6.5% increase excluding acquisitions

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Beat $0.68 $0.6 (16

Adjusted Analysts

EPS )

Q2 EPS -$0.03

Q2 $66 mln

Adjusted

Net

Income

Q2 Net -$3 mln

Income

Q2 Miss $303 mln $312.40

Adjusted mln (15

EBITDA Analysts

)

Q2 $0.016

Adjusted

RevPAR

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy", 11 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the hotels, motels & cruise lines peer group is "buy"

* Wall Street's median 12-month price target for Hyatt Hotels Corp ( H ) is $150.00, about 9.3% above its August 6 closing price of $136.05

* The stock recently traded at 44 times the next 12-month earnings vs. a P/E of 34 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)