Professional
Added to YB: 2025-05-02
Pitch date: 2025-03-31
H [neutral]
Hyatt Hotels Corporation
+57.01%
current return
Author Info
No bio for this author
Company Info
Hyatt Hotels Corporation operates as a hospitality company in the United States and internationally. It operates through Management and Franchising, Owned and Leased, and Distribution segments.
Market Cap
N/A
Pitch Price
$121.82
Price Target
N/A
Dividend
0.34%
EV/EBITDA
23.32
P/E
-487.26
EV/Sales
N/A
Sector
Hotels, Restaurants and Leisure
Category
N/A
Baron Real Estate Fund Portfolio Holding: Hyatt Hotels Corporation
H (holding update): Shares declined on slower 2025 growth and $2B+ Playa Hotels acquisition requiring asset sales. Expect 2024 revenue +high single digits, units +mid single digits, RevPAR +low single digits, EBITDA +double digits. Playa deal accretive, retains Ziva/Zilara brands. Post-sale, 90%+ fee revenue should narrow multiple discount vs peers. Strong shareholder returns from EBITDA growth & capital returns.
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