Hyatt Reports Fourth Quarter And Full Year Results
- EDITOR
- Feb 13
- 3 min read
Mark S. Hoplamazian, President and Chief Executive Officer of Hyatt, said, "The purposeful evolution of our business model and strong brand focus has accelerated our network effect benefiting each of our stakeholders. Our fourth quarter results demonstrate the strength of our commercial offerings, as evidenced by the growth of the World of Hyatt loyalty program, which reached approximately 54 million members. Our operating results and industry leading net rooms growth allowed us to achieve record levels of gross fees while returning over $1.2 billion to shareholders in 2024."
Highlights include:
Comparable system-wide hotels RevPAR growth was 5.0% in the fourth quarter and 4.6% for the full year of 2024, compared to the same periods in 2023
Comparable system-wide all-inclusive resorts Net Package RevPAR growth was 2.9% in the fourth quarter and 4.4% for the full year of 2024
Net rooms growth was 7.8% for the full year of 2024, in line with the full year outlook for 2024
Net income (loss) was $(56) million in the fourth quarter and $1,296 million for the full year of 2024. Adjusted net income was $40 million in the fourth quarter and $375 million for the full year of 2024
Diluted EPS was $(0.58) in the fourth quarter and $12.65 for the full year of 2024. Adjusted Diluted EPS was $0.42 in the fourth quarter and $3.66 for the full year of 2024
Adjusted EBITDA was $255 million in the fourth quarter and $1,096 million for the full year of 2024 Pipeline of executed management or franchise contracts was approximately 138,000 rooms
Repurchased approximately 8 million shares of Class A and Class B common stock for an aggregate purchase price of $1,190 million for the full year of 2024, returning $1,250 million to shareholders through dividends and share repurchases
2025 full year comparable system-wide hotels RevPAR growth is projected to increase
2.0% to 4.0% on a constant currency basis, compared to the full year of 2024
2025 full year net rooms growth is projected to be 6.0% to 7.0%, compared to the full year of 2024
2025 full year net income is projected between $190 million and $240 million
2025 full year Adjusted EBITDA is projected between $1,100 million and $1,150 million
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