Hyatt Hotels Corp Files 8-K

TL;DR

Hyatt filed an 8-K, standard disclosure, no major news.

AI Summary

Hyatt Hotels Corporation filed an 8-K on August 16, 2024, to report a Regulation FD Disclosure and Financial Statements and Exhibits. The filing does not contain specific details about new agreements, financial figures, or significant events beyond the standard reporting requirements.

Why It Matters

This filing serves as a standard disclosure for Hyatt Hotels Corporation, indicating that the company has submitted required information to the SEC.

Risk Assessment

Risk Level: low — The filing is a routine 8-K report and does not contain information that suggests an immediate change in risk for the company.

Key Players & Entities

• Hyatt Hotels Corporation (company) — Registrant
• August 16, 2024 (date) — Date of Report
• Delaware (jurisdiction) — State of Incorporation
• 150 North Riverside Plaza Chicago, IL 60606 (address) — Principal Executive Offices
• (312) 750-1234 (phone_number) — Registrant's telephone number

FAQ

Key Financial Figures

• $0.01 — which registered Class A common stock, $0.01 par value H New York Stock Exchange
• $1.07 b — er, the "Purchasers") for approximately $1.07 billion, while retaining a long-term mana
• $265 million — Sale Transaction, the Company retained $265 million of non-controlling preferred equity and
• $50 million — erred equity and provided an additional $50 million of seller financing for the adjacent 45
• $2 billion — , the Company has exceeded its expanded $2 billion asset-disposition commitment announced
• $2.6 billion — 2021, and the Company has now realized $2.6 billion of gross proceeds, net of acquisitions,
• $35 million — ovided on August 6, 2024 adjusted for a $35 million reduction attributed to the Sale Transa
• $135 million — illion reduction to Adjusted EBITDA and $135 million of cash tax payments related to the Sal
• $400 million — l Returns to Shareholders has increased $400 million compared to the outlook provided on Aug
• $1,425 — illions) Full Year 2024 Net Income $1,425 -$1,495 Gross Fees $1,085 -$1,115
• $1,495 — Full Year 2024 Net Income $1,425 -$1,495 Gross Fees $1,085 -$1,115 Adjusted
• $1,085 — et Income $1,425 -$1,495 Gross Fees $1,085 -$1,115 Adjusted G&A Expenses 2 $42
• $1,115 — e $1,425 -$1,495 Gross Fees $1,085 -$1,115 Adjusted G&A Expenses 2 $425 - $435
• $425 — 085 -$1,115 Adjusted G&A Expenses 2 $425 - $435 Adjusted EBITDA 2 $1,100 -$1
• $435 — ,115 Adjusted G&A Expenses 2 $425 - $435 Adjusted EBITDA 2 $1,100 -$1,140

Filing Documents

• d890006d8k.htm (8-K) — 40KB
• d890006dex991.htm (EX-99.1) — 21KB
• d890006dex992.htm (EX-99.2) — 45KB
• g890006g0816074748215.jpg (GRAPHIC) — 2KB
• g890006g0816074814860.jpg (GRAPHIC) — 13KB
• 0001193125-24-202136.txt ( ) — 263KB
• h-20240816.xsd (EX-101.SCH) — 3KB
• h-20240816_lab.xml (EX-101.LAB) — 17KB
• h-20240816_pre.xml (EX-101.PRE) — 11KB
• d890006d8k_htm.xml (XML) — 3KB

Forward-Looking Statements

Forward-Looking Statements Forward-Looking Statements in this Current Report on Form 8-K, which are not historical facts, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements related to the Company's outlook, plans, objectives, goals, expectations, beliefs, business strategies, future events, business conditions, business trends and expectations, 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, among others, the risks discussed in the Company's filings with the SEC, including our annual report on Form 10-K and subsequent reports, which filings are available from the SEC. We caution you not to place undue reliance on any forward-looking statements, which are made only as of the date of this Current Report on Form 8-K. We do not undertake or assume any obligation to update publicly any of these forward-looking statements to reflect actual results, new information or future events, changes in assumptions or changes in other factors affecting forward-looking statements, except to the extent required by applicable law. If we update one or more forward-looking statements, no inference shou

Financial Statements and Exhibits

Financial Statements and Exhibits. (d) Exhibits . Exhibit No. Document Description 99.1 Hyatt Hotels Corporation Press Release, dated August 16, 2024 99.2 Non-GAAP Reconciliation Schedule 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: August 16, 2024 By: /s/ Joan Bottarini Name: Joan Bottarini Title: Executive Vice President, Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR