Hyatt Hotels Corp reports $105M loss in pro forma net income

By Hao Liu • Monday, November 17 15:36 • Permanent Link

In the press release from Hyatt Hotels Corporation, the unaudited pro forma condensed combined financial information for the nine months ended September 30, 2025, and the year ended December 31, 2024, is presented.

For the nine months ended September 30, 2025, the pro forma combined revenues amounted to $5,166 million. This represents a decrease compared to the combined historical revenues of Hyatt and Playa, which totaled $5,312 million. The net fees for the same period were $859 million, adjusted for various items including financing and disposition adjustments.

In the same period, the pro forma combined direct and general administrative expenses were $4,980 million, reflecting a decrease from the combined historical expenses of $5,053 million.

In terms of net income, the pro forma combined net income attributable to Hyatt Hotels Corporation was a loss of $105 million, down from the combined historical net income of $30 million.

For the year ended December 31, 2024, the pro forma combined revenues amounted to $6,563 million, reflecting a decrease from the combined historical revenues of $6,648 million. The pro forma combined net fees were $1,086 million, adjusted for various items including financing and disposition adjustments.

The pro forma combined direct and general administrative expenses for the same period were $6,235 million, down from the combined historical expenses of $6,274 million.

The pro forma combined net income attributable to Hyatt Hotels Corporation for the year ended December 31, 2024, amounted to $367 million, reflecting a decrease from the combined historical net income of $1,296 million.

In addition, the unaudited pro forma condensed combined balance sheet as of September 30, 2025, shows total current assets of $1,977 million, adjusted for probable disposition, and various other items.

These figures indicate changes in various financial metrics following the completion of the Playa Acquisition and related transactions. As a result of these announcements, the company's shares have moved -1.71% on the market, and are now trading at a price of $149.70. For more information, read the company's full 8-K submission here.

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