Professional
Added to YB: 2025-05-02
Pitch date: 2025-03-31
H [neutral]
Hyatt Hotels Corporation
+32.38%
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 Owned and Leased Hotels, Americas Management and Franchising, ASPAC Management and Franchising, EAME Management and Franchising, and Apple Leisure Group segments.
Market Cap
$10.8B
Pitch Price
$122.04
Price Target
N/A
Dividend
0.53%
EV/EBITDA
16.07
P/E
8.92
EV/Sales
4.16
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.
Read full article (2 min)