Hyatt Hotels Corporation · NYSE:H
Hyatt Hotels — Investor Presentation (November 2014)
17 slides from Hyatt Hotels's investor presentation, November 2014
Slide 1: Hyatt Hotels Corporation Investor Presentation
Hyatt Hotels Corporation Investor Presentation November 2014
Slide 2: Forward-Looking Statements
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, occupancy and ADR tr
Slide 3: Hyatt at a Glance
Hyatt at a Glance Global hospitality company with 55+ year history and a long-term strategic focus 573 properties across 10 premier brands 48 countries with presence in many key gateway cities Owner, manager, franchisor Multiple earnings tools with strong balance sheet 95,000+ associates and experie
Slide 4: Ten Brands – All Focused on High End Travelers
Ten Brands – All Focused on High End Travelers % of Systemwide Rooms Luxury 21% 4% 2% 15% Upper 53% Upscale 6% 47% Upscale 24% 19% 5% Other 2% 1% 1% As of September 30, 2014. Chain scale defined by STR. 4
Slide 5: Strong and Differentiated Rate Profile Across Brands
Strong and Differentiated Rate Profile Across Brands Average Daily Rate (ADR) $349 $294 $241 $176 $176 $133 $113 Nine months ended September 30, 2014 for comparable locations. 5
Slide 6: Diverse Portfolio with Strong Base of Owned and Managed Properties
Diverse Portfolio with Strong Base of Owned and Managed Properties 152,351 rooms / 573 properties Total Room Portfolio Mix Rooms by Region (1) Other Americas 7,174 5% Franchised ASPAC Unconsolidated Southwest Asia Hospitality Ventures 32,107 24,410 21% 8,003 16% 8,581 6% 5% Managed 82,677 Vacation O
Slide 7: Presence in Key Global Markets
Presence in Key Global Markets Americas Asia Pacific 414 Hotels 65 Hotels EAME / SW Asia 68 Hotels As of September 30, 2014. Excludes vacation ownership and residential units. 7
Slide 8: Diverse Earnings Mix with High Operating Leverage
Diverse Earnings Mix with High Operating Leverage Adjusted EBITDA Composition (1) ASPAC ~10% EAME / SW Asia Management ~10% Owned and and Leased Franchising (2) 60% Americas 40% ~80% Trailing twelve months ended September 30, 2014. (1) Excludes corporate and other. (2) Includes Americas, EAME/SWA an
Slide 9: Margin and Earnings Progression
Margin and Earnings Progression Owned and Leased Hotel Operating Margin (1) 26% 25% 24% 24% 18% FY 2008 FY 2009 FY 2013 YTD 2013 YTD 2014 Adjusted EBITDA (Millions) $708 $680 $582 $502 $406 FY 2007 FY 2009 FY 2013 YTD 2013 YTD 2014 YTD period refers to the nine months ended September 30. (1) Owned a
Slide 10: Owned Hotels in Key Gateway Cities
Owned Hotels in Key Gateway Cities Park Hyatt New York Hyatt Regency Orlando Grand Hyatt Seoul Park Hyatt Zurich 210 Rooms 1,641 Rooms 601 Rooms 142 Rooms Park Hyatt Paris – Grand Hyatt New York Hyatt Regency Grand Hyatt 1,305 Rooms Vendôme Mexico City San Francisco 153 Rooms 755 Rooms 660 Rooms 10
Slide 11: Recent Openings Provide Entry into Attractive Markets
Recent Openings Provide Entry into Attractive Markets Grand Hyatt Park Hyatt Andaz Tokyo Hyatt Place Washington Dalian Vienna Toranomon Hills D.C. / U.S. Capitol 370 Rooms 143 Rooms 164 Rooms 200 Rooms Opened 3Q’14 Opened 2Q’14 Opened 2Q’14 Opened 2Q’14 Hyatt Place Hyatt Regency Hyatt Times Square H
Slide 12: Recent and Potential Activity
Recent and Potential Activity • Repurchased approximately $378M of stock year-to-date and have approximately $110M remaining under the Company’s share repurchase authorization (1) • Acquired Hyatt Regency Lost Pines Resort and Spa for approximately $143M plus the assumption of approximately $65M of
Slide 13: Meaningful Executed Contract Base Growth
Meaningful Executed Contract Base Growth • Approximately 250 hotels or 55,000 rooms in executed contract base — Mix of rooms is weighted towards managed, full service and international hotels — Expect to open about 40 hotels in 2014 Existing Contract Base Rooms 150,203 Rooms 55,000 Rooms* *37% of ex
Slide 14: Strong Balance Sheet
Strong Balance Sheet • Maintain investment grade credit rating through the cycle • One of the highest credit ratings among lodging peers • Undrawn borrowing capacity of approximately $1.4B under revolving credit facility • Limited near-term debt maturities • Gross debt / TTM Adjusted EBITDA of appro
Slide 15: 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 Multiple earnings tools and growth opportunities Disciplined financial approach with strong balance sheet Significant operating
Slide 16: Glossary
Glossary Non-GAAP Reconciliation In this presentation, management has referred to Adjusted EBITDA, which is not presented in accordance with US GAAP. The Company defines consolidated Adjusted EBITDA as net income attributable to Hyatt Hotels Corporation plus our pro-rata share of unconsolidated hosp
Slide 17: HYALT
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