NYSE$H
Hyatt Hotels Corp · Q3 2023 earnings
Q3 2023 earnings · · Investor relations
Briefing
Hyatt's Q3 2023 performance was driven by the strength in its core business, resulting in a tremendous quarter.
Hyatt reported a strong third quarter in 2023, with net income of $68 million and adjusted EBITDA of $247 million. The company saw an increase in comparable system-wide RevPAR by 8.9% and net rooms growth of approximately 6.2%. A record level of total fee revenue of $250 million was achieved.
- Net Income was $68 million, up from $28 million in Q3 2022.
- Adjusted EBITDA reached $247 million compared to $252 million in Q3 2022.
- Comparable system-wide RevPAR increased by 8.9% compared to Q3 2022.
- Net Rooms Growth was approximately 6.2%.
Headline financials
Revenue & EPS history
Hyatt · Revenue · Quarterly
$1.62B
Forward guidance
The Company is providing the following guidance for full year 2023:
Tailwinds
- System-Wide RevPAR is expected to increase by 15% to 16%.
- Net Rooms Growth is projected to be approximately 6.0%.
- Net Income is expected to be approximately $210 million.
- Adjusted EBITDA is forecasted to be between $1,005 million and $1,025 million.
- Free Cash Flow is expected to be approximately $550 million.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2023
+0.6%
Avg return
Earnings day
+2.0%
Avg return
5 days after
+3.0%
Avg return
30 days after
57%
37 / 65 earnings
Positive
+11.5%
Q4 2023
Best reaction
-9.1%
Q4 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +5.5% | +1.9% | +14.1% | |
| Q4 2025 | +0.3% | +0.6% | -17.4% | |
| Q3 2025 | +6.1% | +13.4% | +13.0% | |
| Q1 2025 | +5.3% | +7.9% | +17.2% | |
| Q4 2024 | -9.1% | -9.9% | -24.6% | |
| Q3 2024 | -7.7% | -8.9% | +0.5% | |
| Q2 2024 | -2.7% | +0.9% | +10.0% | |
| Q1 2024 | +3.0% | +1.8% | -1.8% | |
| Q4 2023 | +11.5% | +2.5% | +19.0% | |
| Q3 2023 | +0.6% | +2.6% | +13.6% | |
| Q2 2023 | -8.3% | -5.6% | -6.2% | |
| Q1 2023 | -1.6% | +0.7% | -2.6% | |
| Q4 2022 | -3.0% | -3.8% | -9.5% | |
| Q3 2022 | +0.0% | -0.9% | +8.3% | |
| Q2 2022 | +3.4% | +8.6% | +6.9% | |
| Q1 2022 | +4.4% | +4.8% | +13.2% | |
| Q4 2021 | -3.8% | -4.9% | -11.2% | |
| Q3 2021 | +6.4% | +8.8% | -3.7% | |
| Q2 2021 | -5.8% | -2.4% | -4.6% | |
| Q1 2021 | -2.4% | -1.8% | -4.2% | |
| Q4 2020 | -0.2% | +6.3% | +10.6% | |
| Q3 2020 | -2.6% | +15.8% | +29.8% | |
| Q2 2020 | +2.6% | +6.5% | +19.7% | |
| Q1 2020 | -1.5% | -2.3% | +24.1% | |
| Q4 2019 | +4.7% | -3.3% | -47.3% | |
| Q3 2019 | +2.5% | +5.8% | +10.8% | |
| Q2 2019 | -3.1% | -6.3% | -8.6% | |
| Q1 2019 | +0.8% | +0.9% | -5.9% | |
| Q4 2018 | +3.1% | +2.8% | +2.9% | |
| Q3 2018 | +5.4% | +8.8% | +10.0% | |
| Q2 2018 | +3.2% | +1.8% | +1.0% | |
| Q1 2018 | +1.4% | +2.8% | +9.4% | |
| Q4 2017 | +1.4% | +1.4% | +1.7% | |
| Q3 2017 | +7.2% | +10.7% | +15.3% | |
| Q2 2017 | +8.3% | +5.7% | +7.0% | |
| Q1 2017 | +3.2% | +3.1% | +2.9% | |
| Q4 2016 | -6.0% | -6.2% | -6.5% | |
| Q3 2016 | +0.9% | +5.3% | +6.4% | |
| Q2 2016 | +1.1% | +3.1% | +4.8% | |
| Q1 2016 | +2.4% | — | — | |
| Q4 2015 | +8.0% | — | — | |
| Q3 2015 | -0.1% | — | — | |
| Q2 2015 | -6.6% | — | — | |
| Q1 2015 | -1.4% | — | — | |
| Q4 2014 | -1.2% | — | — | |
| Q3 2014 | -3.4% | — | — | |
| Q2 2014 | -4.9% | — | — | |
| Q1 2014 | +7.0% | — | — | |
| Q4 2013 | +0.2% | — | — | |
| Q3 2013 | +1.7% | — | — | |
| Q2 2013 | +9.1% | — | — | |
| Q1 2013 | -6.1% | — | — | |
| Q4 2012 | -1.5% | — | — | |
| Q3 2012 | -5.0% | — | — | |
| Q2 2012 | -0.4% | — | — | |
| Q1 2012 | +0.2% | — | — | |
| Q4 2009 | +0.3% | — | — | |
| Q2 2011 | +0.3% | — | — | |
| Q4 2011 | +0.3% | — | — | |
| Q3 2011 | +5.8% | — | — | |
| Q3 2010 | +5.8% | — | — | |
| Q2 2010 | -3.8% | — | — | |
| Q1 2011 | -1.7% | — | — | |
| Q4 2010 | -1.7% | — | — | |
| Q1 2010 | -1.7% | — | — |
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