Hyatt Hotels Corporation · NYSE:H
Hyatt Hotels — Investor Day (May 2026)
16 slides from Hyatt Hotels's investor day presentation, May 28, 2026
Slide 1: Appendix
APPENDIX HYALT | INVESTOR DAY 2026
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 our plans, strategies, position
Slide 3: 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 non-GAAP measure. We define Adjusted EBITDA as net income (loss) attributabl
Slide 4: Definitions
DEFINITIONS Adjusted General and Administrative Expenses: Adjusted general and administrative expenses, as we define it, is a non-GAAP measure. Adjusted general and administrative expenses excludes the impact of deferred compensation plans funded through rabbi trusts and stock- based compensation ex
Slide 5: Definitions
DEFINITIONS RevPAR: RevPAR is the product of the ADR and the average daily occupancy percentage. RevPAR does not include non-room revenues, which consist of ancillary revenues generated by a property, such as food and beverage, parking, and other guest service revenues. Our management uses RevPAR to
Slide 6: 2028 Illustrative Outlook
2028 ILLUSTRATIVE OUTLOOK Illustrative 2025 2025-2028 CAGR 2028 Outlook System-wide Hotels RevPAR Growth 2.0% to 4.0% Net Rooms Growth 6.0% to 8.0% (in millions) Net income (loss) attributable to Hyatt Hotels Corporation $490 - $635 $(52) Gross Fees $1,550 - $1,710 $1,198 9% to 13% Adjusted G&A Expe
Slide 7: Non-GAAP Measures Reconciliation
NON-GAAP MEASURES RECONCILIATION RECONCILIATION OF NET INCOME (LOSS) ATTRIBUTABLE TO HYATT HOTELS CORPORATION TO ADJUSTED EBITDA 2022 – 2025 (in millions) Year Ended December 31, 2022 2023 2024 2025 Net income (loss) attributable to Hyatt Hotels Corporation $ 455 $ 220 $ 1,296 $ (52) Contra revenue
Slide 8: Non-GAAP Measures Reconciliation
NON-GAAP MEASURES RECONCILIATION RECONCILIATION OF NET INCOME (LOSS) ATTRIBUTABLE TO HYATT HOTELS CORPORATION TO ADJUSTED EBITDA 2025 (in millions) Year Ended December 31, 2025 Hyatt (ex-Playa) Playa (a) Consolidated Net income (loss) attributable to Hyatt Hotels Corporation $ 161 $ (213) $ (52) Con
Slide 9: Non-GAAP Measures Reconciliation
NON-GAAP MEASURES RECONCILIATION 2025 ADJUSTED EBITDA AS REPORTED TO 2025 ADJUSTED EBITDA BASELINE AFTER ADJUSTING FOR ASSET SALES Year Ended (in millions) December 31, 2025 2025 Adjusted EBITDA As Recast (a) $ 1,103 Adjustment to owned and leased segment Adjusted EBITDA from sold assets (b) (5) Adj
Slide 10: Non-GAAP Measures Reconciliation
NON-GAAP MEASURES RECONCILIATION RECONCILIATION OF NET CASH PROVIDED BY OPERATING ACTIVITIES TO FREE CASH FLOW AND ADJUSTED FREE CASH FLOW 2022 – 2025 (in millions) Year Ended December 31, 2022 2023 2024 2025 Net cash provided by operating activities $ 674 $ 800 $ 633 $ 379 Capital expenditures (201
Slide 11: Non-GAAP Measures Reconciliation
NON-GAAP MEASURES RECONCILIATION RECONCILIATION OF NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES TO FREE CASH FLOW AND ADJUSTED FREE CASH FLOW 2025 (in millions) Year Ended December 31, 2025 Hyatt (ex-Playa) Playa Consolidated Net cash provided by (used in) operating activities $ 558 $ (179) $
Slide 12: Non-GAAP Measures Reconciliation
NON-GAAP MEASURES RECONCILIATION ILLUSTRATIVE OUTLOOK: NET INCOME ATTRIBUTABLE TO HYATT HOTELS CORPORATION TO ADJUSTED EBITDA 2028E (in millions) Year Ending December 31, 2028 Outlook Range Low Case High Case Net income attributable to Hyatt Hotels Corporation $ 490 $ 635 Contra revenue 75 85 Reimbu
Slide 13: Non-GAAP Measures Reconciliation
NON-GAAP MEASURES RECONCILIATION ILLUSTRATIVE OUTLOOK: NET INCOME ATTRIBUTABLE TO HYATT HOTELS CORPORATION TO ADJUSTED EBITDA 2026E – 2028E (in millions) 2026-2028 Cumulative Illustrative Outlook Ranges Low Case High Case Net income attributable to Hyatt Hotels Corporation $ 1,170 $ 1,505 Contra rev
Slide 14: Non-GAAP Measures Reconciliation
NON-GAAP MEASURES RECONCILIATION ILLUSTRATIVE OUTLOOK: NET CASH PROVIDED BY OPERATING ACTIVITIES TO FREE CASH FLOW AND ADJUSTED FREE CASH FLOW 2028E (in millions) Year Ending December 31, 2028 Outlook Range Low Case High Case Net cash provided by operating activities $ 910 $ 1,015 Capital expenditur
Slide 15: Non-GAAP Measures Reconciliation
NON-GAAP MEASURES RECONCILIATION ILLUSTRATIVE OUTLOOK: NET CASH PROVIDED BY OPERATING ACTIVITIES TO FREE CASH FLOW AND ADJUSTED FREE CASH FLOW 2026E - 2028E (in millions) 2026-2028 Cumulative Illustrative Outlook Ranges Low Case High Case Net cash provided by operating activities $ 2,373 $ 2,603 Cap
Slide 16: Hyatt
HYALT