Comparable system-wide RevPAR decreased 48.9% compared to the first quarter of 2020, and decreased 65.4% compared to the first quarter 2019 on a reported basis.
Net income (loss) decreased from $321 million to $(203) million.
Recovery Led by Greater China and U.S. Select Service Net Rooms Growth of 6.0%
Hyatt Reports Second-Quarter 2020 Results
Net income (loss) decreased 262.8% to a net loss of $103 million
Net income increased 10.6% to $86 million. Adjusted EBITDA decreased 2.1% to $213 million, a decrease of 1.0% in constant currency.
Hyatt Hotels Corporation (NYSE: H) today reported first-quarter 2019 financial results. Net income attributable to Hyatt was $63 million, or $0.59 per diluted share, in the first quarter of 2019, compared to $411 million, or $3.40 per diluted share, in the first quarter of 2018.
Net Rooms Growth of 13.6% in 2018 Including Two Roads Acquisition - 26.7% Increase in Cash Dividend
Raises Full-Year Outlook for Shareholder Capital Returns to Approximately $1.0 Billion
Raises Full-Year Outlook for RevPAR Growth, Earnings and Shareholder Capital Returns - Declares $0.15 Cash Dividend for the Third Quarter