Hyatt Hotels (H) Misses Q1 EPS by 45c

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Hyatt Reports First-Quarter 2020 Results

May 6, 2020 4:30 PM EDT

RevPAR Decline of 28% Due to COVID-19 Pandemic

Net Rooms Growth of Over 6%

CHICAGO--(BUSINESS WIRE)-- Hyatt Hotels Corporation ("Hyatt" or the "Company") (NYSE: H) today reported first-quarter 2020 financial results. Net loss attributable to Hyatt was $103 million, or $1.02 per diluted share, in the first quarter of 2020, compared to net income attributable to Hyatt of $63 million, or $0.59 per diluted share, in the first quarter of 2019. Adjusted net loss attributable to Hyatt was $35 million, or $0.35 per diluted share, in the first quarter of 2020, compared to Adjusted net... More