Below are the financial statements of Hyatt Hotels, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
All figures in millions of USD | 2024 | 2023 | 2022 |
---|---|---|---|
Revenues | — | — | — |
Base management fees | 399a | 374a | 319a |
Incentive management fees | 242a | 232a | 192a |
Franchise and other fees | 458a | 364a | 297a |
Gross fees | 1,099a | 970a | 808a |
Contra revenue | -69a | -47a | -31a |
Net fees | 1,030a | 923a | 777a |
Owned and leased | 1,174a | 1,339a | 1,235a |
Distribution | 1,023a | 1,047a | 986a |
Other revenues | 69a | 300a | 273a |
Revenues for reimbursed costs | 3,352a | 3,058a | 2,620a |
Total revenues | 6,648a | 6,667a | 5,891a |
Direct and general and administrative expenses | — | — | — |
General and administrative | -548a | -578a | -435a |
Owned and leased | -925a | -1,022a | -916a |
Distribution | -875a | -859a | -775a |
Other direct costs | -94a | -336a | -280a |
Transaction and integration costs | -42a | -42a | -35a |
Depreciation and amortization | -333a | -397a | -426a |
Reimbursed costs | -3,457a | -3,144a | -2,632a |
Total direct and general and administrative expenses | -6,274a | -6,378a | -5,499a |
Net gains (losses) and interest income from marketable securities held to fund rabbi trusts | 49a | 55a | -75a |
Equity earnings (losses) from unconsolidated hospitality ventures | 31a | -1a | 5a |
Interest expense | -180a | -145a | -150a |
Gains (losses) on sales of real estate and other | 1,245a | 18a | 263a |
Asset impairments | -213a | -30a | -38a |
Other income (loss), net | 257a | 124a | -34a |
Income before income taxes | 1,563a | 310a | 363a |
Benefit (provision) for income taxes | -267a | -90a | 92a |
Net income | 1,296a | 220a | 455a |
Net income attributable to noncontrolling interests | 0a | 0a | 0a |
Net income attributable to Hyatt Hotels Corporation | 1,296a | 220a | 455a |
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