- Hyatt’s 1Q Adjusted Ebitda came in at $252 million, falling short of the estimated $302.5 million.
- The projected net income for the full year is between $1,135 million and $1,195 million.
- RevPAR, which compares revenue to available rooms, is expected to rise 3% to 5% on a constant currency basis for the full year when compared to 2023.
- Hyatt expects to return between $800 million and $850 million to shareholders in capital during the full year.
- Full year Adjusted EBITDA is projected between $1,150 million and $1,190 million, consistent with the previously provided 2024 Outlook after adjusting for $30 million of reduced Adjusted EBITDA due to transactions.
- The company has made substantial progress in offloading assets, which is contributing to a more asset-light earnings mix and indicating efforts to lessen owned real estate.
- Currently, the hotel group stands at 9 buys, 13 holds, and no sells from investors.
Hyatt Hotels Corp Cl A on Smartkarma
Analysts at Baptista Research on Smartkarma have been closely following Hyatt Hotels Corp Cl A, providing insights into the company’s performance and growth prospects.
Highlighted reports such as “Hyatt Hotels Corporation: What Is Their 2024 Outlook & Their Future Growth Prospects?” and “Hyatt Hotels Corporation: Riding the Hospitality Wave!” delve into Hyatt’s strategic accomplishments, revenue sources mainly from leisure travel and group room bookings, as well as the company’s robust demand for its hotel facilities. With positive sentiments leaning towards bullish, the analysts note Hyatt’s strong financial figures, including record free cash flow, robust top-line growth, and solid demand across customer segments, positioning the company well in the hospitality industry.
A look at Hyatt Hotels Corp Cl A Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Hyatt Hotels Corp Cl A, a global hospitality company known for managing, franchising, owning, and developing branded hotels, resorts, and residential properties worldwide, has received a mix of Smart Scores in various categories. With a strong Growth score of 4 and impressive Momentum score of 5, Hyatt Hotels Corp Cl A seems to have a promising long-term outlook for expansion and market performance. However, the company’s Value, Dividend, and Resilience scores indicate room for improvement in aspects like financial strength, dividend yield, and ability to weather economic uncertainties.
Despite facing challenges in certain areas, the overall trajectory for Hyatt Hotels Corp Cl A appears positive, particularly in terms of growth potential and market momentum. By leveraging its strengths in growth and momentum, the company may strategically position itself for sustained success and bolster its competitive standing in the global hospitality industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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