H - Why Is Hyatt Hotels Stock Sliding Today? | Benzinga
Hyatt Hotels Corporation (NYSE:H) shares are trading lower after the company reported first-quarter adjusted EPS below street view.
The company reported first-quarter FY24 sales growth of 2% year-on-year to $1.714 billion, beating the analyst consensus estimate of $1.707 billion.
Comparable system-wide RevPAR increased 5.5% to $131.86. System-wide Net Rooms Growth was 5.5%. Comparable owned and leased hotels RevPAR increased 0.1% to $178.04.
Adjusted EBITDA fell 5.9% to $252 million from $268 million last year. Adjusted EPS of ...