Hyatt Hotels Corporation · NYSE:H
Hyatt Hotels — Raymond James 47th Annual Institutional Investors Conference 2026
17 slides from Hyatt Hotels's conference presentation, Mar 3, 2026
Slide 1: Investor Presentation
Investor Presentation JOAN BOTTARINI | CHIEF FINANCIAL OFFICER ADAM ROHMAN | SVP, INVESTOR RELATIONS
Slide 2: Disclaimers
Disclaimers Forward-Looking Statements Forward-Looking Statements in this presentation, which are not historical facts, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include statements about Hyatt Hotels Corporation’s (“Hy
Slide 3: Global Hospitality Company Focused on Serving the High-End Traveler
PARK HYATT LONDON RIVER THAMES GLOBAL HOSPITALITY COMPANY FOCUSED ON SERVING THE HIGH-END TRAVELER 83 36 #1 Countries Around Global Brands 1 World's Largest Portfolio the World and 6 Continents of Luxury Branded Rooms in Resort Locations 2 1,528 372,763 ~148,000 Hotels and All-Inclusive Rooms Rooms
Slide 4: Hyatt Key Investment Considerations
HYATT KEY INVESTMENT CONSIDERATIONS • Purpose driven company: We Care For People So They Can Be Their Best • Global portfolio of premium brands • World of Hyatt’s differentiated membership benefits drive loyalty • Significant white space enables long-term organic growth • Asset-light business model
Slide 5: Brand Portfolios Demonstrate Focus & Differentiation
BRAND PORTFOLIOS 1 DEMONSTRATE FOCUS & DIFFERENTIATION Luxury Lifestyle Inclusive Classics Essentials 5
Slide 6: Well Represented in the Top Global Markets with Significant Opportunity for Future Growth
MIRAVAL ARIZONA RESORT & SPA WELL REPRESENTED IN THE TOP GLOBAL 1 MARKETS WITH SIGNIFICANT OPPORTUNITY FOR FUTURE GROWTH Global Markets Global Market Coverage Hotels per Market A s d e f in e d b y S m it h T r a v e l R e s e a r c h H y a t t h a s s ig n if ic a n t o p p o r t u n it y t o e x p
Slide 7: Evolution to Asset-Light Business Model Driving Adjusted Free Cash Flow Expansion
EVOLUTION TO ASSET-LIGHT BUSINESS MODEL DRIVING ADJUSTED FREE CASH FLOW † EXPANSION Adjusted Free Cash Flow† Adjusted Free Cash Flow† Conversion % 1 2 3 40% 51% THOMPSON CENTRAL PARK Adjusted EBITDA† used to calculate Adjusted Free Cash Flow† Conversion % has been adjusted for all years to exclude t
Slide 8: Capital Allocation Strategy
PARK HYATT PARIS-VENDÔME CAPITAL ALLOCATION STRATEGY WE HAVE AND WILL CONTINUE TO: Invest in growth to increase shareholder value Return excess cash to shareholders Maintain an investment-grade profile 8
Slide 9: What to Expect in 2026
HOTEL FLÜELA DAVOS WHAT TO EXPECT IN 2026… Award-winning loyalty program and focused portfolio of brands drive commercial results Growth strategy enhances network effect, creating value for all stakeholders Asset-Light Earnings Mix ◊ of ~90% 9
Slide 10: Hyatt: We care for people so they can be their best
HYATT We ©”. for people so they can be their best.
Slide 11: Appendix
HYATT APPENDIX
Slide 12: References
References SLIDE 3: GLOBAL HOSPITALITY COMPANY FOCUSED ON SERVING THE HIGH-END TRAVELER Figures as of December 31, 2025. 1 Global brands inclusive of December 31, 2025 brand bar, displayed on slide 5. 2 Source: Smith Travel Research Global Census as of December 31, 2025. Luxury branded rooms as defi
Slide 13: Definitions
Definitions Adjusted Earnings Before Interest Expense, Taxes, Depreciation, and Amortization ("Adjusted EBITDA"): We use the term Adjusted EBITDA throughout this Investor Presentation. Adjusted EBITDA, as we define it, is a measure that is not recognized in accordance with accounting principles gene
Slide 14: Definitions
Definitions Asset-Light Earnings Mix: Asset-Light Earnings Mix is calculated as Adjusted EBITDA from the management and franchising segment and distribution segment divided by Adjusted EBITDA, excluding overhead and eliminations. Our management uses this calculation to assess the composition of the
Slide 15: Definitions
Definitions Occupancy: Occupancy represents the total number of rooms sold divided by the total number of rooms available at a property or group of properties. Occupancy measures the utilization of a property's available capacity. We use occupancy to gauge demand at a specific property or group of p
Slide 16: Non-GAAP Reconciliations
Non-GAAP Reconciliations (in millions) Three Months Ended December 31, Year Ended December 31, 2025 2024 2025 2024 Net income (loss) attributable to Hyatt Hotels Corporation $ (20) $ (56) $ (52) $ 1,296 Contra revenue 17 13 86 69 Revenues for reimbursed costs (895) (841) (3,629) (3,352) Reimbursed c
Slide 17: Non-GAAP Reconciliations
Non-GAAP Reconciliations (in millions) Year Ending December 31, 2017 Net income attributable to Hyatt Hotels Corporation $ 389 Contra revenue 18 Revenues for the reimbursement of costs incurred on behalf of managed and franchised properties (1,762) Costs incurred on behalf of managed and franchised
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