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- Asset Impairments (worsened) — Intangible asset impairment charges increased from $4M to $21M, indicating greater asset write-downs in the current period.
Hyatt Q1 revenue up 1.8% on RevPAR gains; distribution sales fall $41M on Mexico security, Jamaica storm
Filed April 30, 2026 · Period ending March 31, 2026 · Compared to 10-Q May 1, 2025 · ~1 min read
Key Changes
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high
Distribution revenues dropped $41M vs. prior year on lower booking volumes, driven by security incidents in Mexico and Hurricane Melissa in Jamaica reducing travel demand to key destinations.
MD&A: Distribution Revenues verify on EDGAR → -
high
Net income rose $18M to $38M, aided by a tax benefit from settling an assumed liability in the Playa Hotels acquisition; effective tax rate fell from 55.1% to 27.0%.
MD&A: Net Income & Tax Rate verify on EDGAR → -
high
Adjusted EBITDA definition changed to exclude pro rata share of unconsolidated ventures; prior periods recast for comparability with management's internal reporting.
MD&A: Non-GAAP Measures verify on EDGAR →
2 more material changes behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.
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Source-verified from EDGAR · Narrative written by AI · Jun 2, 2026 · How we verify