Hyatt Hotels Corporation · NYSE:H
Hyatt Hotels — Q1 2022 Earnings Presentation
15 slides from Hyatt Hotels's earnings presentation, May 10, 2022
Slide 1: Q1 2022 Supplemental Presentation
Q1 2022 Supplemental Presentation 05/10/2022 SECRETS® BAHIA MITA
Slide 2: Disclaimers
DISCLAIMERS NON-GAAP FINANCIAL MEASURES This presentation includes references to certain financial measures, each identified with the symbol“†”, that are not calculated or presented in accordance with generally accepted accounting principles in the United States (“GAAP”). These non-GAAP financial me
Slide 3: ALG Significantly Exceeds Expectations: First Quarter Key Highlights
A L G S I G N I F I C A N T LY E X C E E D S E X P E C TAT I O N S FOR THREE MONTHS ENDED MARCH 31, 2022 $56M + $24M + $7M Adjusted EBITDA† Net Deferrals Net Financed Contracts FIRST QUARTER KEY HIGHLIGHTS Net Package RevPAR was 92% recovered to 2019 for hotels in the Americas; exceeded 2019 in Marc
Slide 4: ALG Contribution to Hyatt Condensed Consolidated Statement of Income
A L G C O N T R I B U T I O N TO H YAT T C O N D E N S E D C O N S O L I D AT E D S TAT E M E N T O F I N C O M E Three Months Ended March 31, 2022 USD in millions Hyatt excluding ALG ALG Combined REVENUES: Owned and leased hotels $ 271 $ - $ 271 Management, franchise, and other fees 124 30 154 Cont
Slide 5: ALG Contribution to Hyatt Adjusted EBITDA in Q1 2022
A L G C O N T R I B U T I O N TO H YAT T A D J U S T E D E B I T D A † I N Q 1 2 0 2 2 Three Months Ended March 31, 2022 USD in millions Hyatt excluding ALG ALG Combined Net loss attributable to Hyatt Hotels Corporation $ (64) $ (9) $ (73) Interest expense 40 - 40 (Benefit) provision for income taxe
Slide 6: ALG Performance by Quarter in 2022
ALG PERFORMANCE BY QUARTER IN 2022 Q1 Q2 Q3 Q4 Year to Date Net Package RevPAR (Americas) $ 214.32 $ 214.32 Net Package RevPAR (Europe) $ 71.03 $ 71.03 Net Package RevPAR (Total) $ 189.46 $ 189.46 Unlimited Vacation Club Signed Contracts 7,805 7,805 Departures 579,110 579,110 USD in millions Managem
Slide 7: Appendix
Appendix DREAMS® VISTA CANCUN GOLF & SPA RESORT 7
Slide 8: Definitions
DEFINITIONS Adjusted Earnings Before Interest Expense, Taxes, Depreciation and Amortization (Adjusted EBITDA) and EBITDA We use the terms Adjusted EBITDA and EBITDA throughout this presentation. Adjusted EBITDA and EBITDA, as we define them, are non-GAAP measures. We define consolidated Adjusted EBI
Slide 9: Definitions
DEFINITIONS Adjusted Selling, General, and Administrative (SG&A) Expenses Adjusted SG&A expenses, as we define it, is a non-GAAP measure. Adjusted SG&A expenses exclude the impact of deferred compensation plans funded through rabbi trusts and stock-based compensation expense. Adjusted SG&A expenses
Slide 10: Reconciliation of Non-GAAP Financial Measure: SG&A to Adjusted SG&A
R E C O N C I L I AT I O N O F N O N - G A A P F I N A N C I A L M E A S U R E Hyatt Hotels Corporation Reconciliation of Non-GAAP Financial Measure: SG&A Expenses to Adjusted SG&A Expenses Results of operations as presented on the condensed consolidated statements of income (loss) include expenses
Slide 11: Reconciliation: ALG Segment SG&A to Segment Adjusted SG&A
R E C O N C I L I AT I O N O F N O N - G A A P F I N A N C I A L M E A S U R E ( C O N T. ) Hyatt Hotels Corporation Reconciliation of Non-GAAP Measure: Reconciliation of Apple Leisure Group Segment SG&A Expenses to Segment Adjusted SG&A Expenses Results of operations as presented on the condensed c
Slide 12: Reconciliation: Net Loss to EBITDA and Adjusted EBITDA
R E C O N C I L I AT I O N O F N O N - G A A P F I N A N C I A L M E A S U R E ( C O N T. ) Hyatt Hotels Corporation Reconciliation of Non-GAAP Measure: Reconciliation of Net Loss Attributable to Hyatt Hotels Corporation to EBITDA and EBITDA to Adjusted EBITDA (USD in millions) Q1 2022 FY 2022 Net l
Slide 13: Reconciliation: ALG Segment Net Loss to Segment Adjusted EBITDA
R E C O N C I L I AT I O N O F N O N - G A A P F I N A N C I A L M E A S U R E ( C O N T. ) Hyatt Hotels Corporation Reconciliation of Non-GAAP Measure: Reconciliation of Net Loss Attributable to Apple Leisure Group Segment to Segment EBITDA and Segment EBITDA to Segment Adjusted EBITDA (USD in mill
Slide 14: Reconciliation: ALG Segment Total Revenues to Adjusted Revenues
R E C O N C I L I AT I O N O F N O N - G A A P F I N A N C I A L M E A S U R E ( C O N T. ) Hyatt Hotels Corporation Reconciliation of Non-GAAP Measure: Reconciliation of Apple Leisure Group Segment Total Revenues to Segment Adjusted Revenues (USD in millions) Q1 2022 FY 2022 ALG Segment Total Reven
Slide 15: HYALT
HYALT