Automatic

🏨 Hyatt Hotels Corporation ended 2024 with $1.296 billion in revenue, up $220 million from 2023, and an adjusted EBITDA of $1.096 billion. Total debt was $3.782 billion and liquidity stood at $2.9 billion. Q4 was impacted by Hurricane Milton and lower booking volumes, resulting in a $56 million loss. Yearly RevPAR grew 4.6% to $142.48, ADR by 1.6% to $203.7, and occupancy reached 69.9%. All-inclusive resorts saw RevPAR rise by 4.4%. Room growth was 7.8%, with 81 new hotels and 20,721 rooms added in Q4. Contracts for approximately 720 hotels (138,000 rooms) were signed, a 9% year-over-year portfolio expansion. Projections for 2025 include a 2-4% RevPAR growth, a net increase of 2,025 rooms, revenues between $190-240 million, and an adjusted EBITDA of $1.1-1.15 billion.

📊 Fergus Group's revenue in 2024 reached a record €154 million, a 14% increase from the previous year. In 2025, they aim to surpass €200 million with a forecast of €207 million, attributing growth to new asset additions and investments in repositioning. The company will open new hotels in Menorca, Ibiza, and Playa de Palma. Fergus Group operates with various private equities and has partnerships with companies like Atom Hoteles and HI Partners. They also plan to expand their portfolio with more property acquisitions without solely relying on purchases.

🏑 26% of Spaniards take up to a month to plan their yearly vacations, while 41% find the process exceedingly difficult, according to a Skyscanner survey. The study, which included 1,000 participants in Spain, reveals that 80% hesitate due to potential better deals, 97% are influenced by price, and 89% are hindered by overthinking. January is the prime planning month for 41% of Spaniards, with 65% aligning their vacation planning with New Year's resolutions.