Hyatt Hotels Corporation (NYSE:H) shares are trading lower premarket on Thursday after the company reported mixed fourth-quarter FY25 results.

Sales of $1.789 billion, marginally missing the Street view of $1.802 billion.

Adjusted EBITDA was $292 million, up 14.6% Y/Y. Excluding 2024 asset sales, adjusted EBITDA rose 3.8% Y/Y.

Gross fees rose 4.5% Y/Y to $307 million in the quarter.

Hyatt Hotels reported adjusted profit of $1.33, exceeding the consensus of 45 cents.

As of Dec. 31, the company had $4.3 billion in total debt and $813 million in cash, cash equivalents and short-term investments.

Key Metrics

Hyatt’s comparable system-wide hotel revenue per available room (RevPAR) rose 4.0% year over year (Y/Y), ...