Hyatt Hotels Corporation · NYSE:H
Hyatt Hotels — Q4 2022 Earnings Presentation
14 slides from Hyatt Hotels's earnings presentation, Feb 16, 2023
Slide 1: Q4 2022 Supplemental Presentation
Q4 2022 Supplemental Presentation 02/16/2023 SECRETS® IMPRESSION MOXCHE
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 m
Slide 3: ALG Momentum Continues
ALG MOMENTUM CONTINUES For Three Months Ended December 31, 2022 $43M + $28M + $15M Adjusted EBITDA† Net Deferrals Net Financed Contracts FOURTH QUARTER KEY HIGHLIGHTS Net Package RevPAR was up 24% to 2019 for hotels in the Americas1 Management, Franchise, License, and Other Fees Revenue of $40M Sign
Slide 4: ALG Contribution to Hyatt Consolidated Statement of Income (Loss)
ALG CONTRIBUTION TO HYATT CONSOLIDATED STATEMENT OF INCOME (LOSS) Three Months Ended December 31, 2022 Year Ended December 31, 2022 Hyatt excl. Hyatt excl. USD in millions ALG Combined ALG Combined ALG ALG REVENUES: Owned and leased hotels $ 323 $ 1 $ 324 $ 1,214 $ 21 $ 1,235 Management, franchise,
Slide 5: ALG Contribution to Hyatt Adjusted EBITDA in Q4 2022
ALG CONTRIBUTION TO HYATT ADJUSTED EBITDA† IN Q4 2022 Three Months Ended December 31, 2022 Year Ended December 31, 2022 Hyatt excl. Hyatt excl. USD in millions ALG Combined ALG Combined ALG ALG Net income (loss) attributable to Hyatt Hotels Corporation $ 345 $ (51) $ 294 $ 508 $ (53) $ 455 Interest
Slide 6: ALG Performance by Quarter in 2022
ALG PERFORMANCE BY QUARTER IN 2022 Q1 Q2 Q3 Q4 Full Year Net Package RevPAR (Americas) $ 214.32 $ 204.51 $ 179.42 $ 200.17 $ 199.28 Net Package RevPAR (Europe) $ 71.03 $ 80.13 $ 134.66 $ 87.08 $ 100.57 Net Package RevPAR (Total) $ 189.46 $ 162.72 $ 162.98 $ 174.38 $ 171.02 Unlimited Vacation Club Si
Slide 7: Appendix
Appendix SECRETS® AKUMAL RIVIERA MAYA 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 supplemental presentation. Adjusted EBITDA and EBITDA, as we define them, are non-GAAP measures. We define consolidate
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
RECONCILIATION OF NON-GAAP FINANCIAL MEASURE Hyatt Hotels Corporation Reconciliation of Non-GAAP Financial Measure: Reconciliation of Apple Leisure Group Segment SG&A Expenses to Segment Adjusted SG&A Expenses Results of operations as presented on the consolidated statements of income (loss) include
Slide 11: Reconciliation of Non-GAAP Financial Measure (Cont.)
RECONCILIATION OF NON-GAAP FINANCIAL MEASURE (CONT.) Hyatt Hotels Corporation Reconciliation of Non-GAAP Financial Measure: Reconciliation of Net Income (Loss) Attributable to Hyatt Hotels Corporation to EBITDA and EBITDA to Adjusted EBITDA (USD in millions) Q1 2022 Q2 2022 Q3 2022 Q4 2022 FY 2022 N
Slide 12: Reconciliation of Non-GAAP Financial Measure (Cont.)
RECONCILIATION OF NON-GAAP FINANCIAL MEASURE (CONT.) Hyatt Hotels Corporation Reconciliation of Non-GAAP Financial Measure: Reconciliation of Net Income (Loss) Attributable to Apple Leisure Group Segment to Segment EBITDA and Segment EBITDA to Segment Adjusted EBITDA (USD in millions) Q1 2022 Q2 202
Slide 13: Reconciliation of Non-GAAP Financial Measure (Cont.)
RECONCILIATION OF NON-GAAP FINANCIAL MEASURE (CONT.) Hyatt Hotels Corporation Reconciliation of Non-GAAP Financial Measure: Reconciliation of Apple Leisure Group Segment Total Revenues to Segment Adjusted Revenues (USD in millions) Q1 2022 Q2 2022 Q3 2022 Q4 2022 FY 2022 ALG Segment Total Revenues $
Slide 14: HY ALT
HY ALT