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Stock impact report

Playa Hotels & Resorts N.V. Reports Fourth Quarter and Full Year 2019 Results

Playa Hotels & Resorts N.V. - Ordinary Shares (PLYA) 
Last playa hotels & resorts n.v. - ordinary shares earnings: 2/27 05:02 pm Check Earnings Report
US:NASDAQ Investor Relations: playaresorts.com
Company Research Source: GlobeNewswire
FAIRFAX, Va., Feb. 27, 2020 (GLOBE NEWSWIRE) -- Playa Hotels & Resorts N.V. (the “Company”) (NASDAQ: PLYA) today announced results of operations for the three months and year ended December 31, 2019. Three Months Ended December 31, 2019 Results Net Loss was $17.9 million compared to a Net Loss of $14.2 million in 2018Adjusted Net Loss(1) was $9.9 million compared to an Adjusted Net Loss of $0.0 million in 2018Comparable Net Package RevPAR decreased 6.1% over 2018 to $178.19Net Package RevPAR decreased 6.0% over 2018 to $172.49, driven by a 1.0% decrease in Net Package ADR and a 400 basis points decrease in OccupancyOwned Resort EBITDA decreased 37.6% over 2018 to $28.3 millionOwned Resort EBITDA Margin decreased 10.4 percentage points over 2018 to 20.7%Adjusted EBITDA decreased 46.1% over 2018 to $20.0 millionAdjusted EBITDA Margin decreased 10.7 percentage points over 2018 to 14.7% Year Ended December 31, 2019 Results Net Loss was $4.4 million compared to Net Income of Show less Read more
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