Playa Hotels & Resorts (PLYA) Misses Q4 EPS by 1c

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Playa Hotels & Resorts N.V. Reports Fourth Quarter and Full Year 2018 Results

February 28, 2019 4:11 PM EST

FAIRFAX, Va., Feb. 28, 2019 (GLOBE NEWSWIRE) -- Playa Hotels & Resorts N.V. (the Company) (NASDAQ: PLYA) today announced results of operations for the three months and year ended December 31, 2018.

Three Months Ended December 31, 2018 Results

Net Loss was $14.2 million compared to a Net Loss of $11.7 million in 2017Adjusted Net Loss(1) was $0 million compared to Adjusted Net Income of $12.5 million in 2017Comparable Net Package RevPAR increased 1.3% over 2017 to $188.02Net Package RevPAR decreased 1.1% over 2017 to $183.59, driven by a 0.8%... More