Hyatt Hotels Corp Files 8-K
Ticker: H · Form: 8-K · Filed: Apr 25, 2024 · CIK: 1468174
Sentiment: neutral
Topics: regulatory-filing, 8-K
Related Tickers: H
TL;DR
Hyatt filed a routine 8-K, no new info for traders.
AI Summary
Hyatt Hotels Corporation filed an 8-K on April 25, 2024, to report information under Regulation FD and to file financial statements and exhibits. The filing does not detail specific financial transactions or events beyond its procedural nature.
Why It Matters
This filing indicates Hyatt Hotels Corporation is complying with regulatory reporting requirements, but it does not contain new operational or financial information for investors.
Risk Assessment
Risk Level: low — The filing is a standard procedural disclosure and does not contain material non-public information that would impact risk.
Key Players & Entities
- Hyatt Hotels Corp (company) — Registrant
- April 25, 2024 (date) — Date of report
FAQ
What is the purpose of this 8-K filing by Hyatt Hotels Corp?
The 8-K filing is to report information under Regulation FD Disclosure and to file Financial Statements and Exhibits as of April 25, 2024.
What is the exact name of the registrant?
The exact name of the registrant is Hyatt Hotels Corporation.
In which state was Hyatt Hotels Corporation incorporated?
Hyatt Hotels Corporation was incorporated in Delaware.
What is the principal executive office address for Hyatt Hotels Corp?
The principal executive offices are located at 150 North Riverside Plaza, 8th Floor, Chicago, Illinois, 60606.
What is the telephone number for Hyatt Hotels Corp?
The telephone number, including area code, is (312) 750-1234.
Filing Stats: 993 words · 4 min read · ~3 pages · Grade level 12.8 · Accepted 2024-04-25 16:20:30
Key Financial Figures
- $0.01 — which registered Class A Common Stock, $0.01 par value H New York Stock Exchange I
Filing Documents
- h-20240425.htm (8-K) — 38KB
- supplementalfinancialinfor.htm (EX-99.1) — 548KB
- pressrelease-recastedhisto.htm (EX-99.2) — 18KB
- image_0a.jpg (GRAPHIC) — 1058KB
- 0001468174-24-000051.txt ( ) — 2214KB
- h-20240425.xsd (EX-101.SCH) — 2KB
- h-20240425_lab.xml (EX-101.LAB) — 22KB
- h-20240425_pre.xml (EX-101.PRE) — 13KB
- h-20240425_htm.xml (XML) — 3KB
01. Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure. As previously announced, during the quarter ended March 31, 2024, Hyatt Hotels Corporation (the "Company") realigned its reportable segments to align with the Company's business strategy, the organizational changes for certain members of its leadership team, and the manner in which the Company's chief operating decision maker ("CODM") assesses performance and makes decisions regarding the allocation of resources. A summary of the Company's revised reportable segments is as follows: Management and franchising, which consists of the provision of management, franchising, and hotel services, or the licensing of the Company's intellectual property to, (i) the Company's property portfolio, (ii) the Company's co-branded credit card programs, and (iii) other hospitality-related businesses, including the Unlimited Vacation Club; Owned and leased, which consists of the Company's owned and leased hotel portfolio and, for purposes of owned and leased segment Adjusted EBITDA, the Company's pro rata share of unconsolidated hospitality ventures' Adjusted EBITDA based on the Company's ownership percentage of each venture; and Distribution, which consists of distribution and destination management services offered through ALG Vacations and the boutique and luxury global travel platform offered through Mr & Mrs Smith. For informational purposes and to assist investors in making comparisons of the Company's historical financial information with financial information to be made available in the future that will reflect the revised reportable segments, the Company has furnished as Exhibit 99.1 to this Form 8-K certain supplemental financial information for the year ended December 31, 2023. The recast unaudited historical financial information was prepared on a basis consistent with the Company's revised segment structure. The recast information reflects segment allocation of the Company's results of operations and financial statement line item r
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits. 99.1 Supplemental Financial Information - Segment Realignment (furnished pursuant to Item 7.01) 99.2 Hyatt Hotels Corporation Press Release, dated April 25, 2024 (furnished pursuant to Item 7.01) 101 Interactive Data File - XBRL tags are embedded within the Inline XBRL document 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Hyatt Hotels Corporation Date: April 25, 2024 By: /s/ Joan Bottarini Joan Bottarini Executive Vice President, Chief Financial Officer