Playa Hotels & Resorts (PLYA) Misses Q3 EPS by 7c

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Go back to Playa Hotels & Resorts (PLYA) Misses Q3 EPS by 7c

Playa Hotels & Resorts N.V. Reports Third Quarter 2019 Results

November 6, 2019 4:10 PM EST

FAIRFAX, Va., Nov. 06, 2019 (GLOBE NEWSWIRE) -- Playa Hotels & Resorts N.V. (the Company or Playa) (NASDAQ: PLYA) today announced results of operations for the three and nine months ended September 30, 2019.

Three Months Ended September 30, 2019 Results

Net Loss was $30.5 million compared to a Net Loss of $5.4 million in 2018Adjusted Net Loss was $30.2 million compared to $9.8 million in 2018Net Package RevPAR decreased 3.2% over 2018 to $169.58, driven by a 370 basis point decrease in Occupancy and partially offset by a 1.4% increase in Net... More