Playa Hotels & Resorts (PLYA) Tops Q3 EPS by 1c

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Playa Hotels & Resorts N.V. Reports Third Quarter 2017 Results

November 6, 2017 6:04 PM EST

FAIRFAX, Va., Nov. 06, 2017 (GLOBE NEWSWIRE) -- Playa Hotels & Resorts N.V. (the Company) (NASDAQ: PLYA) today announced results of operations for the three and nine months ended September 30, 2017.

Three Months Ended September 30, 2017 Results

Net Loss was $5.7 million compared to a Net Loss of $1.6 million over the comparable 2016 periodComparable Net Package RevPAR(1)  increased 5.9% over the comparable 2016 period to $181.65Total Net Package RevPAR increased 2.0% over the comparable 2016 period to $174.97, driven by Net Package ADR growth of 6.0%Resort EBITDA decreased... More