Hyatt Hotels CORP 10-K Filing
Ticker: H · Form: 10-K · Filed: Feb 13, 2025 · CIK: 1468174
| Field | Detail |
|---|---|
| Company | Hyatt Hotels CORP (H) |
| Form Type | 10-K |
| Filed Date | Feb 13, 2025 |
| Pages | 15 |
| Reading Time | 18 min |
| Key Dollar Amounts | $0.01, $6,648 m, $1,296 m, $1,096 million, $1,383 million |
| Sentiment | neutral |
Sentiment: neutral
FAQ
What type of filing is this?
This is a 10-K filing submitted by Hyatt Hotels CORP (ticker: H) to the SEC on Feb 13, 2025.
What are the key financial figures in this filing?
Key dollar amounts include: $0.01 (which registered Class A Common Stock, $0.01 par value H New York Stock Exchange S); $6,648 m (ded December 31, 2024, revenues totaled $6,648 million, net income attributable to Hyatt); $1,296 m (ble to Hyatt Hotels Corporation totaled $1,296 million, and Adjusted EBITDA totaled $1,0); $1,096 million (96 million, and Adjusted EBITDA totaled $1,096 million. S ee Part II, Item 7, "Management's Di); $1,383 million (downturns. At December 31, 2024, we had $1,383 million of cash and cash equivalents and short-).
How long is this filing?
Hyatt Hotels CORP's 10-K filing is 15 pages with approximately 4,419 words. Estimated reading time is 18 minutes.
Where can I view the full 10-K filing?
The complete filing is available on SEC EDGAR. You can also read the AI-decoded analysis with risk assessment and key highlights on ReadTheFiling.
Filing Stats: 4,419 words · 18 min read · ~15 pages · Grade level 18.4 · Accepted 2025-02-13 16:00:53
Key Financial Figures
- $0.01 — which registered Class A Common Stock, $0.01 par value H New York Stock Exchange S
- $6,648 m — ded December 31, 2024, revenues totaled $6,648 million, net income attributable to Hyatt
- $1,296 m — ble to Hyatt Hotels Corporation totaled $1,296 million, and Adjusted EBITDA totaled $1,0
- $1,096 million — 96 million, and Adjusted EBITDA totaled $1,096 million. S ee Part II, Item 7, "Management's Di
- $1,383 million — downturns. At December 31, 2024, we had $1,383 million of cash and cash equivalents and short-
- $1.5 billion — hort-term investments and approximately $1.5 billion of available borrowing capacity under o
- $2.0 billion — ent announced in August 2021 to realize $2.0 billion of gross proceeds from the disposition
Filing Documents
- h-20241231.htm (10-K) — 4637KB
- a123124exhibit31.htm (EX-3.1) — 572KB
- a123124exhibit424.htm (EX-4.24) — 66KB
- a123124exhibit191.htm (EX-19.1) — 92KB
- a123124exhibit211.htm (EX-21.1) — 113KB
- a123124exhibit231.htm (EX-23.1) — 3KB
- a123124exhibit311.htm (EX-31.1) — 9KB
- a123124exhibit312.htm (EX-31.2) — 9KB
- a123124exhibit321.htm (EX-32.1) — 6KB
- a123124exhibit322.htm (EX-32.2) — 6KB
- a123124exhibit991.htm (EX-99.1) — 2903KB
- a123124exhibit992.htm (EX-99.2) — 1419KB
- h-20241231_g1.jpg (GRAPHIC) — 1107KB
- h-20241231_g10.jpg (GRAPHIC) — 505KB
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- h-20241231_g9.jpg (GRAPHIC) — 705KB
- image_0.jpg (GRAPHIC) — 118KB
- 0001468174-25-000009.txt ( ) — 71632KB
- h-20241231.xsd (EX-101.SCH) — 151KB
- h-20241231_cal.xml (EX-101.CAL) — 187KB
- h-20241231_def.xml (EX-101.DEF) — 798KB
- h-20241231_lab.xml (EX-101.LAB) — 1576KB
- h-20241231_pre.xml (EX-101.PRE) — 1221KB
- h-20241231_htm.xml (XML) — 4116KB
Risk Factors
Item 1A. Risk Factors 23
Unresolved Staff Comments
Item 1B. Unresolved Staff Comments 51
Cybersecurity
Item 1C. Cybersecurity 51
Properties
Item 2. Properties 54
Legal Proceedings
Item 3. Legal Proceedings 57
Mine Safety Disclosures
Item 4. Mine Safety Disclosures 58 Information about our Executive Officers 59 PART II
Market for Registrant's Common Equity, Related Stockholder Matters, and Issuer Purchases of Equity Securities
Item 5. Market for Registrant's Common Equity, Related Stockholder Matters, and Issuer Purchases of Equity Securities 62
(Removed and Reserved)
Item 6. (Removed and Reserved) 64
Management's Discussion and Analysis of Financial Condition and Results of Operations
Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations 65
Quantitative and Qualitative Disclosures About Market Risk
Item 7A. Quantitative and Qualitative Disclosures About Market Risk 97
Financial Statements and Supplementary Data
Item 8. Financial Statements and Supplementary Data 98
Changes in and Disagreements w ith Accountants on Accounting and Financial Disclosure
Item 9. Changes in and Disagreements w ith Accountants on Accounting and Financial Disclosure 98
Controls and Procedures
Item 9A. Controls and Procedures 98
Other Information
Item 9B. Other Information 99
Disclosure Regarding Foreign Jurisdictions that Prevent Inspections
Item 9C. Disclosure Regarding Foreign Jurisdictions that Prevent Inspections 99 PART III
Directors, Executive Officers, and Corporate Governance
Item 10. Directors, Executive Officers, and Corporate Governance 100
Executive Compensation
Item 11. Executive Compensation 100
Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters
Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters 101
Certain Relationships and Related Transactions, and Director Independence
Item 13. Certain Relationships and Related Transactions, and Director Independence 101
Principal Accountant Fees and Services
Item 14. Principal Accountant Fees and Services 101 PART IV
Exhibits and Financial Statement Schedule
Item 15. Exhibits and Financial Statement Schedule 102
Form 10-K Summary
Item 16. Form 10-K Summary 102
Signatures
Signatures 103 Table of Contents Disclosure Regarding Forward-Looking Statements This annual report contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include statements about the Company's plans, strategies, and financial performance, and prospective or future events and involve known and unknown risks that are difficult to predict. As a result, our actual results, performance or achievements may differ materially from those expressed or implied by these forward-looking statements. In some cases, you can identify forward-looking statements by the use of words such as "may," "could," "expect," "intend," "plan," "seek," "anticipate," "believe," "estimate," "predict," "potential," "continue," "likely," "will," "would," and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Such forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable by us and our management, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: the factors discussed in this annual report set forth under the sections titled "Risk Factors" in Part I, Item 1A and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in Part II, Item 7; general economic uncertainty in key global markets and a worsening of global economic conditions or low levels of economic growth; the rate and pace of economic recovery following economic downturns; global supply chain constraints and interruptions, rising costs of construction-related labor and materials, and increases in costs due to inflation or other factors that may not be fully offset by increases in revenues in our business; risks affecting the luxury, resort, and all-inclusive lodging segments; levels of spending in business, leisure, and gr
Business
Item 1. Business. Overview Hyatt Hotels Corporation is a global hospitality company with widely recognized, industry-leading brands and a tradition of innovation developed over our more than 65-year history. Hyatt's portfolio of properties consists of full service hotels and resorts, select service hotels, all-inclusive resorts, and other properties, including timeshare, fractional, and other forms of residential and vacation units. We also offer distribution and destination management services through ALG Vacations and distribution services through Mr & Mrs Smith, a boutique and luxury global travel platform. At December 31, 2024, our hotel portfolio consisted of 1,442 hotels and all-inclusive resorts (347,301 rooms). See Part II, Item 7, "Management's Discussion and Analysis of Financial Condition and Results of Operations—Overview" for a breakdown of our portfolio. Our colleagues and hotel general managers are supported by our regional management teams, located in cities around the world, and our executive management team, headquartered in Chicago. Our offering includes brands across five distinct portfolios. The Luxury Portfolio , includes Park Hyatt, Alila, Miraval, Impression by Secrets, and The Unbound Collection by Hyatt; the Lifestyle Portfolio , includes Andaz, Thompson Hotels, The Standard, Dream Hotels, The StandardX, Breathless Resorts & Spas, JdV by Hyatt, Bunkhouse Hotels, and Me and All Hotels; the Inclusive Collection , includes Zotry Wellness & Spa Resorts, Hyatt Ziva, Hyatt Zilara, Secrets Resorts & Spas, Dreams Resorts & Spas, Hyatt Vivid Hotels & Resorts, Sunscape Resorts & Spas, and Alua Hotels & Resorts; the Classics Portfolio , includes Grand Hyatt, Hyatt Regency, Destination by Hyatt, Hyatt Centric, Hyatt Vacation Club, and Hyatt; and the Essentials Portfolio , includes Caption by Hyatt, Hyatt Place, Hyatt House, Hyatt Studios, and UrCove. We also manage, provide services to, or license our trademarks with respect to residential units of