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Hyatt Hotels Corporation (H) CEO Mark Hoplamazian on Q1 2021 Results - Earnings Call Transcript

May 05, 2021 6:02 PM ETHyatt Hotels Corporation (H)
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Hyatt Hotels Corporation (NYSE:H) Q1 2021 Results Conference Call May 5, 2021 12:30 PM ET

Company Participants

Noah Hoppe - SVP, IR and Financial Planning & Analysis

Mark Hoplamazian - President and CEO

Joan Bottarini - CFO

Conference Call Participants

Stephen Grambling - Goldman Sachs

Thomas Allen - Morgan Stanley

Shaun Kelley - Bank of America

Michael Bellisario - Baird

Chad Beynon - Macquarie

David Katz - Jefferies

Vince Ciepiel - Cleveland Research


Good day, and thank you for standing by, and welcome to the Hyatt First Quarter 2021 Earnings Conference Call. [Operator Instructions] Please be advised that today’s conference is being recorded. [Operator Instructions]

I would now like to hand the conference over to your speaker today, Mr. Noah Hoppe. Please go ahead, sir.

Noah Hoppe

Thank you, Polly. Good morning, everyone, and thank you for joining us for Hyatt’s first quarter 2021 earnings conference call.

Joining me on today’s call are Mark Hoplamazian, Hyatt’s President and Chief Executive Officer; and Joan Bottarini, Hyatt’s Chief Financial Officer.

Before we get started, I’d like to remind everyone that our comments today will include forward-looking statements under federal securities laws. These statements are subject to numerous risks and uncertainties as described in our annual report on Form 10-K, quarterly reports on Form 10-Q and other SEC filings.

These risks could cause our actual results to differ materially from those expressed in or implied by our comments. Forward-looking statements in the earnings release that we issued yesterday, along with comments on this call, are made only as of today and will not be updated as actual events unfold.

In addition, you can find a reconciliation of non-GAAP financial measures referred to in today’s remarks on our website at hyatt.com under the financial reporting section of our Investor Relations link and in yesterday’s

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