Hyatt Hotels Corporation · NYSE:H
Hyatt Hotels — Baird 2012 Growth Stock Conference
18 slides from Hyatt Hotels's conference presentation, May 9, 2012
Slide 1: Baird 2012 Growth Stock Conference
Baird 2012 Growth Stock Conference May 9, 2012
Slide 2: Forward Looking Statements
Forward Looking Statements This quarterly report contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include statements about the Company's plans, strategies, financial performance, prospects or future events and involve
Slide 3: Mission / Goal / Values
Mission / Goal / Values To Mission provide authentic hospitality by making a difference in the lives of the people we touch every day, including our associates, guests and owners To Goal become the most preferred brand in each customer segment that we serve for our associates, guests and owners We a
Slide 4: Hyatt at a Glance
Hyatt at a Glance Global hospitality company with 50+ year history and a long-term strategic focus 488 properties across 7 premier lodging brands and one residential brand 45 countries with presence in many key gateway cities Owner, manager, franchisor Diverse earnings streams with strong balance sh
Slide 5: Experienced Operating and Executive Teams
Experienced Operating and Executive Teams • Over 90,000 associates in 45 countries • GM’s have an average tenure of more than 21 years • Executive team has an average of 30 years of experience • Tom Pritzker, Executive Chairman of Hyatt’s Board of Directors, continues a legacy of strategic leadershi
Slide 6: Strategy Drives Brand Preference and Shareholder Value
Strategy Drives Brand Preference and Shareholder Value Focus on Improvement in the Expanding Our Presence Performance of Existing Hotels in Attractive Markets § Increase share of hotel stays § Increase presence § Enhance operational efficiency − existing markets § Enhance customer satisfaction −
Slide 7: World Class Portfolio of Brands Serving Multiple Segments
World Class Portfolio of Brands Serving Multiple Segments Luxury Upper Upscale (4%) (73%) Select Service Upscale Select Service Extended Stay* Vacation Ownership / Residential (16%) (6%) (1%) Note: Percentages based upon room/unit counts as of March 31, 2012 *Hyatt House is changing its brand identi
Slide 8: Worldwide Portfolio Overview
Worldwide Portfolio Overview 133,689 rooms / 488 properties* Total Room Portfolio Mix Total Rooms by Brand Rooms by Region Residential Property Hyatt House Hyatt Residences Andaz Other Americas Vacation 7,455 1,230 1,701 Southwest Asia Unconsolidated 1,230 Park Ownership 1,918 Hospitality Venture 1%
Slide 9: We Have a Global Footprint
We Have a Global Footprint Europe / Middle East / Africa Subtotal: 35 Asia Pacific North America Subtotal: 54 Subtotal: 369 Southwest Asia Subtotal: 23 Other Americas Subtotal: 7 Global Headquarters Offices Owned, Leased and Unconsolidated Hospitality Ventures Managed and Franchised Vacation Ownersh
Slide 10: Attractive Business Model
Attractive Business Model 2011 Adjusted EBITDA ($538mm) 1 12% Owned & Leased 13% North America Management & Franchising 49% International Management & Franchising 26% Unconsolidated Hospitality Ventures 1 Corporate and other EBITDA of ($116) million not included in percent breakdown. 10
Slide 11: Historical Performance Attractive Business Model
Historical Performance Attractive Business Model Owned and Leased Operating Margin 1 26% 25% 23% 22% 20% 20% 18% 18% 2006 2007 2008 2009 2010 2011 YTD 2011 YTD 2012 Adjusted EBITDA 2 708 687 628 538 476 406 109 125 2006 2007 2008 2009 2010 2011 YTD 2011 YTD 2012 1 Owned and leased operating margin i
Slide 12: Owned / Venture Hotels in Key Gateway Cities
Owned / Venture Hotels in Key Gateway Cities Chicago, IL New York, NY Seattle, WA Los Angeles, CA Washington, D.C. Park Hyatt Chicago Grand Hyatt New York Hyatt at Olive 8 Andaz West Hollywood Park Hyatt Washington 198 Rooms 1,301 Rooms 346 Rooms Andaz West 238 Hollywood Rooms 216 Rooms 238 Rooms Mu
Slide 13: Strong Capital Base
Strong Capital Base • One of the highest credit ratings among lodging peers • Modest current debt levels and significant liquidity • Over $1 billion of cash, equivalents and short-term investments and undrawn borrowing capacity of $1.4 billion • Approximately $200 million in maturities over the next
Slide 14: Recent Activity
Recent Activity • Mexico City • ~$190 million acquisition of 756-room hotel scheduled to close this month • To be rebranded Hyatt Regency Mexico City • ~$40 million, three-year renovation • Mexico City is the premier political, business and commercial hub in Mexico • Gateway to Latin America • Lodge
Slide 15: Recent and Near-Term Hotel Openings Provide Entry Into New Markets
Recent and Near-Term Hotel Openings Provide Entry Into New Markets Abu Dhabi, UAE Shanghai, China Kuala Lumpur, Malaysia New Orleans, USA Hyatt at Capital Gate, Abu Dhabi Andaz Shanghai Grand Hyatt Kuala Lumpur Hyatt Regency New Orleans 189 Rooms 307 Rooms 412 Rooms 1,193 Rooms 4Q 2011 4Q 2011 Openi
Slide 16: Expected Future Expansion
Expected Future Expansion • Executed contracts for more than 170 hotels (more than 38,000 rooms) across all brands1 • ~70% outside North America • Future expansion into key markets • Abu Dhabi • Amsterdam • Bahamas • China • Hawaii • India • Mexico • New York • Vienna • Russia • Expect to open over
Slide 17: Investment Highlights
Investment Highlights Global hospitality platform with high quality hotels located in desirable markets World class brands and long-term strategic focus on brand preference Diverse earnings streams and growth opportunities Disciplined financial approach with strong balance sheet and significant liqu
Slide 18: HYALT
HYALT YOU’RE More THAN WELCOME