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Investor Presentation Hyatt Hotels Corporation August, 2011 Forward Looking Statements Forward-Looking Statements in this presentation, which are not historical facts, are forward-looking statements within the meaning of the Private Securities


  1. Investor Presentation Hyatt Hotels Corporation August, 2011

  2. Forward Looking Statements Forward-Looking Statements in this presentation, which are not historical facts, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include statements about our plans, strategies, occupancy and ADR trends, market share, the number of properties we expect to open in the future, our expected capital expenditures, depreciation and amortization expense and interest expense, estimates, financial performance, prospects or future events and involve known and unknown risks that are difficult to predict. As a result, our actual results, performance or achievements may differ materially from those expressed or implied by these forward-looking statements. In some cases, you can identify forward-looking statements by the use of words such as “ may, ” “ could, ” “ expect, ” “ intend, ” “ plan, ” “ seek, ” “ anticipate, ” “ believe, ” “ estimate, ” “ predict, ” “ potential, ” “ continue, ” “ likely, ” “ will, ” “ would ” and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Such forward- looking statements are necessarily based upon estimates and assumptions that, while considered reasonable by us and our management, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, among others, the rate and the pace of economic recovery following the recent economic downturn; levels of spending in business and leisure segments as well as consumer confidence; declines in occupancy and average daily rate; hostilities, including future terrorist attacks, or fear of hostilities that affect travel; travel-related accidents; changes in the tastes and preferences of our customers; relationships with associates and labor unions and changes in labor law; the financial condition of, and our relationships with, third-party property owners, franchisees and hospitality venture partners; if our third-party owners, franchisees or development partners are unable to access the capital necessary to fund current operations or implement our plans for growth; risk associated with potential acquisitions and dispositions and the introduction of new brand concepts; changes in the competitive environment in our industry and the markets where we operate; outcomes of legal proceedings; changes in federal, state, local or foreign tax law; fluctuations in currency exchange rates; general volatility of the capital markets and our ability to access the capital markets; and other risks discussed in the Company ’ s filings with the U.S. Securities and Exchange Commission, including our Annual Report on Form 10-K, which filings are available from the SEC. We caution you not to place undue reliance on any forward-looking statements, which are made as of the date of this presentation. We undertake no obligation to update publicly any of these forward-looking statements to reflect actual results, new information or future events, changes in assumptions or changes in other factors affecting forward-looking statements, except to the extent required by applicable laws. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements. In this presentation, management has referred to Adjusted EBITDA, which is not presented in accordance with US GAAP. For our definition of Adjusted EBITDA and a reconciliation of consolidated Adjusted EBITDA to EBITDA and a reconciliation of EBITDA to net income (loss) attributable to Hyatt Hotels Corporation, please refer to Part I, Item 7 “ Management ’ s Discussion and Analysis of Financial Condition and Results of Operations – Results of Operations ” of our Annual Report on Form 10-K for fiscal year 2010 or the information posted on the Investor Relations page of the Company ’ s website, which can be accessed at http://www.hyatt.com and by selecting the Investor Relations link located at the bottom of the page.

  3. Mission / Goal / Values Mission To provide authentic hospitality by making a difference in the lives of the people we touch every day, including our associates, guests and owners To Goal become the most preferred brand in each customer segment that we serve for our associates, guests and owners We aim to Values foster a common purpose and culture within the Hyatt family through shared core values of mutual respect, intellectual honesty and integrity, humility, fun, creativity and innovation

  4. Hyatt at a Glance Global hospitality company with 50+ year history and a long-term strategic focus 450+ properties across 7 premier lodging brands and one residential brand 44 countries with presence in many key gateway cities Owner, manager, franchisor Diverse earnings streams with strong balance sheet and liquidity position 85,000+ associates and experienced management team

  5. Strategy Drives Brand Preference and Shareholder Value Focus on Improvement in the Expanding Our Presence Performance of Existing Hotels in Attractive Markets § Increase share of hotel stays § Increase presence − existing markets § Enhance operational efficiency − emerging market expansion § Enhance customer satisfaction § Renovate / re-invest in owned hotels § Increase focus on franchising, primarily in North America § Emphasize associate engagement § Utilize our capital and asset base for targeted growth § Pursue strategic acquisitions and alliances Delivering on the above is designed to create shareholder value and brand preference over the long-term

  6. Portfolio of Brands Luxury Upper Upscale (4%) (75%) Select Service Upscale Select Service Extended Stay Vacation Ownership / Residential (16%) (3%) (2%) Note: Percentages based upon room/unit counts as of June 30, 2011

  7. Distribution Overview We have 127,474 rooms / units in our worldwide portfolio Total Rooms by Brand Rooms By Region Total Room Portfolio Mix Summerfield Hyatt Residential Andaz Residential Property Other Americas Vacation Suites 1,230 ¡ ¡ 1,101 ¡ ¡ Unconsolidated 1,230 5,249 ¡ ¡ Southwest Asia Ownership 1,918 1% Hospitality Venture 1% 1% 4% 2% 5,238 963 Park Hyatt 12,174 4% 1% Hyatt Vacation 5,313 ¡ ¡ 10% Ownership ASPAC 4% 963 ¡ ¡ 20,521 Hyatt 1% 16% 5,462 ¡ ¡ 4% Franchised 20,799 Managed Hyatt Regency Hyatt Place North America EAME 16% 66,899 66,926 ¡ ¡ 20,432 ¡ ¡ 7,936 91,861 6% 53% 52% 72% 16% Owned & Leased Grand Hyatt 25,409 20,798 ¡ ¡ 20% 16% Note: Room / unit counts as of June 30, 2011

  8. We Have a Global Footprint Europe / Middle Subtotal: 34 East / Africa Asia Pacific Subtotal: 345 North America Subtotal: 52 Southwest Asia Subtotal: 18 Other Americas Subtotal: 7 Global Headquarters Offices Owned, Leased and Unconsolidated Hospitality Ventures Managed and Franchised Vacation Ownership and Residential Note: Property counts as of June 30, 2011

  9. Attractive Business Model Attractive Business Model 2010 Adjusted EBITDA ($476mm) 1 12% Owned & Leased 13% North America Management & Franchising 50% International Management & Franchising 25% Unconsolidated Hospitality Ventures 2Q 2011 Adjusted EBITDA up approximately 12% compared to 2Q 2010 1 Corporate and other EBITDA of ($101) million not included in percent breakdown.

  10. Historical Performance Attractive Business Model Owned and Leased Operating Margin 1 26% 25% 23% 21% 21% 20% 18% 2006 2007 2008 2009 2010 1H 2010 1H 2011 Adjusted EBITDA 2 708 687 628 476 406 260 247 2006 2007 2008 2009 2010 1H 2010 1H 2011 1 Owned and leased operating margin is defined as the margin on owned and leased hotel results calculated as the difference between owned and leased hotels revenue and owned and leased hotels expense as reflected on our consolidated statements of income (loss). 2 For our definition of Adjusted EBITDA and a reconciliation of consolidated Adjusted EBITDA to EBITDA and a reconciliation of EBITDA to its most directly comparable GAAP measure, net income (loss) attributable to Hyatt Hotels Corporation, see Part I, Item 7 “Management’s Discussion and Analysis of Financial Condition and Results of Operations – Results of Operations” of our Annual Report on Form 10-K for fiscal year 2010 or the information posted on the Investor Relations website, which can be accessed at http://www.hyatt.com and by selecting the Investor Relations link located at the bottom of the page. For our Adjusted EBITDA YTD 2010 and 2011 see ‘Segment Information’ in Part I, Item 1 of the Form 10-Q for quarter-ended 06/30/11.

  11. Owned / Venture Hotels in Key Gateway Cities Washington, D.C. Los Angeles, CA Seattle, WA Chicago, IL New York, NY Park Hyatt Chicago Park Hyatt Washington Grand Hyatt New York Hyatt at Olive 8 Andaz West Hollywood 198 Rooms 216 Rooms 1,311 Rooms 346 Rooms 238 Rooms Zurich, Switzerland São Paulo, Brazil Paris, France Mumbai, India Seoul, Korea Park Hyatt Paris - Vendôme Park Hyatt Zurich Grand Hyatt Mumbai Grand Hyatt Seoul Grand Hyatt São Paulo 162 Rooms 142 Rooms 547 Rooms 601 Rooms 466 Rooms

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