Hyatt's 2023 Financials Show Revenue Focus, Share Structure
Ticker: H · Form: 10-K · Filed: 2024-02-23T00:00:00.000Z
Sentiment: neutral
Topics: earnings, financial-report, hospitality
TL;DR
**Hyatt's 2023 10-K is out, showing a solid revenue focus and detailing its share classes.**
AI Summary
Hyatt Hotels Corp's 10-K filing for the fiscal year ended December 31, 2023, indicates a focus on revenue generation from customer contracts. The company reported its business address as 150 North Riverside Plaza, 8th Floor, Chicago, IL 60606, and its fiscal year ends on December 31. The filing was made on February 23, 2024, and includes details on common Class A and Class B shares as of January 31, 2024.
Why It Matters
This filing provides a detailed look into Hyatt's financial health and operational structure, crucial for investors to assess its performance and future prospects in the competitive hospitality industry.
Risk Assessment
Risk Level: medium — The filing provides financial data but lacks specific risk factors in the provided snippet, making a full assessment difficult, hence a medium risk level.
Key Numbers
- 2023-12-31 — Fiscal Year End (Indicates the period covered by the financial report.)
- 001-34521 — SEC File Number (Unique identifier for the company's filings with the SEC.)
- 2024-01-31 — Common Class A and B Shares Date (Date for which common share information is provided.)
Key Players & Entities
- Hyatt Hotels Corp (company) — filer of 10-K
- 0001468174 (company) — Central Index Key (CIK)
- December 31, 2023 (date) — Conformed Period of Report
- February 23, 2024 (date) — Filed As Of Date
- 150 North Riverside Plaza, 8th Floor, Chicago, IL 60606 (company) — Business Address
FAQ
What is the Central Index Key (CIK) for Hyatt Hotels Corp?
The Central Index Key (CIK) for Hyatt Hotels Corp is 0001468174.
When was the 10-K filing submitted to the SEC?
The 10-K filing was submitted to the SEC on February 23, 2024.
What is the business address of Hyatt Hotels Corp as stated in the filing?
The business address of Hyatt Hotels Corp is 150 North Riverside Plaza, 8th Floor, Chicago, IL 60606.
What is the fiscal year end for Hyatt Hotels Corp?
The fiscal year end for Hyatt Hotels Corp is December 31.
What type of shares are mentioned in the filing as of January 31, 2024?
The filing mentions us-gaap:CommonClassAMember and us-gaap:CommonClassBMember shares as of January 31, 2024.
From the Filing
0001468174-24-000014.txt : 20240223 0001468174-24-000014.hdr.sgml : 20240223 20240223140453 ACCESSION NUMBER: 0001468174-24-000014 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 204 CONFORMED PERIOD OF REPORT: 20231231 FILED AS OF DATE: 20240223 DATE AS OF CHANGE: 20240223 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Hyatt Hotels Corp CENTRAL INDEX KEY: 0001468174 STANDARD INDUSTRIAL CLASSIFICATION: HOTELS & MOTELS [7011] ORGANIZATION NAME: 05 Real Estate & Construction IRS NUMBER: 201480589 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-34521 FILM NUMBER: 24670074 BUSINESS ADDRESS: STREET 1: 150 NORTH RIVERSIDE PLAZA STREET 2: 8TH FLOOR CITY: CHICAGO STATE: IL ZIP: 60606 BUSINESS PHONE: (312) 750-1234 MAIL ADDRESS: STREET 1: 150 NORTH RIVERSIDE PLAZA STREET 2: 8TH FLOOR CITY: CHICAGO STATE: IL ZIP: 60606 10-K 1 h-20231231.htm 10-K h-20231231 0001468174 2023 FY FALSE P1Y P3Y P3Y http://fasb.org/us-gaap/2023#ReceivablesNetCurrent 0 http://fasb.org/us-gaap/2023#GainLossOnSaleOfProperties http://fasb.org/us-gaap/2023#PropertyPlantAndEquipmentNet http://fasb.org/us-gaap/2023#PropertyPlantAndEquipmentNet http://fasb.org/us-gaap/2023#LongTermDebtAndCapitalLeaseObligationsCurrent http://fasb.org/us-gaap/2023#LongTermDebtAndCapitalLeaseObligationsCurrent http://fasb.org/us-gaap/2023#LongTermDebtNoncurrent http://fasb.org/us-gaap/2023#LongTermDebtNoncurrent http://fasb.org/us-gaap/2023#RevenueFromContractWithCustomerExcludingAssessedTax http://fasb.org/us-gaap/2023#RevenueFromContractWithCustomerExcludingAssessedTax http://fasb.org/us-gaap/2023#RevenueFromContractWithCustomerExcludingAssessedTax http://fasb.org/us-gaap/2023#AssetImpairmentCharges 0 — 0001468174 2023-01-01 2023-12-31 0001468174 2023-06-30 iso4217:USD 0001468174 us-gaap:CommonClassAMember 2024-01-31 xbrli:shares 0001468174 us-gaap:CommonClassBMember 2024-01-31 0001468174 h:DeferredRevenueRelatedToLoyaltyProgramMember 2023-12-31 0001468174 h:OwnedAndLeasedHotelsMember 2023-01-01 2023-12-31 0001468174 h:OwnedAndLeasedHotelsMember 2022-01-01 2022-12-31 0001468174 h:OwnedAndLeasedHotelsMember 2021-01-01 2021-12-31 0001468174 h:ManagementFranchiseLicenseAndOtherFeesMember 2023-01-01 2023-12-31 0001468174 h:ManagementFranchiseLicenseAndOtherFeesMember 2022-01-01 2022-12-31 0001468174 h:ManagementFranchiseLicenseAndOtherFeesMember 2021-01-01 2021-12-31 0001468174 h:ContraRevenueMember 2023-01-01 2023-12-31 0001468174 h:ContraRevenueMember 2022-01-01 2022-12-31 0001468174 h:ContraRevenueMember 2021-01-01 2021-12-31 0001468174 h:NetManagementFranchiseLicenseAndOtherFeesMember 2023-01-01 2023-12-31 0001468174 h:NetManagementFranchiseLicenseAndOtherFeesMember 2022-01-01 2022-12-31 0001468174 h:NetManagementFranchiseLicenseAndOtherFeesMember 2021-01-01 2021-12-31 0001468174 h:DistributionAndDestinationManagementMember 2023-01-01 2023-12-31 0001468174 h:DistributionAndDestinationManagementMember 2022-01-01 2022-12-31 0001468174 h:DistributionAndDestinationManagementMember 2021-01-01 2021-12-31 0001468174 h:OtherRevenuesMember 2023-01-01 2023-12-31 0001468174 h:OtherRevenuesMember 2022-01-01 2022-12-31 0001468174 h:OtherRevenuesMember 2021-01-01 2021-12-31 0001468174 h:RevenuesForReimbursementOfCostsIncurredForManagedAndFranchisedPropertiesMember 2023-01-01 2023-12-31 0001468174 h:RevenuesForReimbursementOfCostsIncurredForManagedAndFranchisedPropertiesMember 2022-01-01 2022-12-31 0001468174 h:RevenuesForReimbursementOfCostsIncurredForManagedAndFranchisedPropertiesMember 2021-01-01 2021-12-31 0001468174 2022-01-01 2022-12-31 0001468174 2021-01-01 2021-12-31 0001468174 h:CostsIncurredOnBehalfOfManagedAndFranchisedPropertiesMember 2023-01-01 2023-12-31 0001468174 h:CostsIncurredOnBehalfOfManagedAndFranchisedPropertiesMember 2022-01-01 2022-12-31 0001468174 h:CostsIncurredOnBehalfOfManagedAndFranchisedPropertiesMember 2021-01-01 2021-12-31 iso4217:USD xbrli:shares 0001468174 2023-12-31 0001468174 2022-12