Travel and Vacation Providers Stocks Q4 Results: Benchmarking Hyatt Hotels (NYSE:H)

Travel and Vacation Providers Stocks Q4 Results: Benchmarking Hyatt Hotels (NYSE:H)

The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Hyatt Hotels (NYSE:H) and the rest of the travel and vacation providers stocks fared in Q4.

Airlines, hotels, resorts, and cruise line companies often sell experiences rather than tangible products, and in the last decade-plus, consumers have slowly shifted from buying "things" (wasteful) to buying "experiences" (memorable). In addition, the internet has introduced new ways of approaching leisure and lodging such as booking homes and longer-term accommodations. Traditional airlines, hotel, resorts, and cruise line companies must innovate to stay relevant in a market rife with innovation.

The 19 travel and vacation providers stocks we track reported a satisfactory Q4. As a group, revenues beat analysts’ consensus estimates by 2.2% while next quarter’s revenue guidance was 6.8% above.

Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 29.9% since the latest earnings results.

Weakest Q4: Hyatt Hotels (NYSE:H)

Founded in 1957, Hyatt Hotels (NYSE:H) is a global hospitality company with a portfolio of 20 premier brands and over 950 properties across 65 countries.

Hyatt Hotels reported revenues of $1.60 billion, down 3.5% year on year. This print fell short of analysts’ expectations by 3.1%. Overall, it was a softer quarter for the company with a significant miss of analysts’ adjusted operating income and EPS estimates.

Travel and Vacation Providers Stocks Q4 Results: Benchmarking Hyatt Hotels (NYSE:H)

Hyatt Hotels delivered the weakest performance against analyst estimates of the whole group. The stock is down 35.8% since reporting and currently trades at $104.17.

Read our full report on Hyatt Hotels here, it’s free .

Best Q4: Pursuit (NYSE:PRSU)

With attractions ranging from glacier tours in the Canadian Rockies to an oceanfront geothermal lagoon in Iceland, Pursuit Attractions and Hospitality (NYSE:PRSU) operates iconic travel experiences, experiential marketing services, and exhibition management across North America and Europe.

Pursuit reported revenues of $45.8 million, down 84.3% year on year, outperforming analysts’ expectations by 8.8%. The business had a stunning quarter with an impressive beat of analysts’ EPS estimates and full-year EBITDA guidance exceeding analysts’ expectations.

Travel and Vacation Providers Stocks Q4 Results: Benchmarking Hyatt Hotels (NYSE:H)

The market seems unhappy with the results as the stock is down 19.4% since reporting. It currently trades at $29.93.

Is now the time to buy Pursuit? Access our full analysis of the earnings results here, it’s free .

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