Hyatt to Delay Issuance of Fourth Quarter and Full Year 2023 Earnings Release and Investor Conference Call
The Company also announced the following fourth quarter and full year 2023 highlights:
- The Company also announced the following fourth quarter and full year 2023 highlights:
Comparable system-wide RevPAR increased 9.1% in the fourth quarter and 17.0% for the full year of 2023, compared to the same periods in 2022, and exceeded full year outlook for 2023. - Comparable owned and leased hotels RevPAR increased 5.9% in the fourth quarter and 15.5% for the full year of 2023, compared to the same periods in 2022.
- Comparable owned and leased hotels operating margin was 26.2% in the fourth quarter and 25.4% for the full year of 2023.
- Management, Franchise, License, and other fees were $256 million in the fourth quarter and $985 million for the full year of 2023.