0001193125-21-184913.txt : 20210608 0001193125-21-184913.hdr.sgml : 20210608 20210608064602 ACCESSION NUMBER: 0001193125-21-184913 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20210608 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20210608 DATE AS OF CHANGE: 20210608 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Hyatt Hotels Corp CENTRAL INDEX KEY: 0001468174 STANDARD INDUSTRIAL CLASSIFICATION: HOTELS & MOTELS [7011] IRS NUMBER: 201480589 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-34521 FILM NUMBER: 211001223 BUSINESS ADDRESS: STREET 1: 150 NORTH RIVERSIDE PLAZA STREET 2: 8TH FLOOR CITY: CHICAGO STATE: IL ZIP: 60606 BUSINESS PHONE: (312) 750-1234 MAIL ADDRESS: STREET 1: 150 NORTH RIVERSIDE PLAZA STREET 2: 8TH FLOOR CITY: CHICAGO STATE: IL ZIP: 60606 8-K 1 d175239d8k.htm 8-K 8-K
Hyatt Hotels Corp false 0001468174 0001468174 2021-06-08 2021-06-08

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): June 8, 2021

 

 

HYATT HOTELS CORPORATION

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   001-34521   20-1480589

(State or other jurisdiction

of incorporation)

  

(Commission

File Number)

  

(IRS Employer

Identification No.)

 

150 North Riverside Plaza

Chicago, IL

   60606
(Address of principal executive offices)   (Zip Code)

Registrant’s telephone number, including area code: (312) 750-1234

Former name or former address, if changed since last report: Not Applicable

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

  

Trading

Symbol

  

Name of each exchange

on which registered

Class A common stock, $0.01 par value   H   New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

Item 7.01. Regulation FD Disclosure.

On June 8, 2021, Hyatt Hotels Corporation (“Hyatt” or the “Company”) announced that a Hyatt affiliate and Service Properties Trust (“SVC”) reached an agreement with respect to 22 Hyatt Place hotels owned by subsidiaries of SVC (the “Agreement”). Under the terms of the amended Agreement effective April 1, 2021, Hyatt will continue to manage 17 of the 22 Hyatt Place hotels owned by subsidiaries of SVC for a 10-year term.

As a result of the amended Agreement, the Company is increasing its net rooms growth outlook for 2021 to approximately 6%, up from the prior expectation of greater than 5%.

In addition, on June 8, 2021, the Company announced the completion of two separate transactions as part of its capital strategy:

 

  •  

on June 4, 2021, a Hyatt affiliate sold the 490-room Hyatt Regency Lost Pines Resort and Spa near Austin, Texas for approximately $275 million to an unrelated third party and entered into a long-term management agreement for the property upon sale. The owner anticipates enhancing and expanding this unique resort destination located on 405 acres along the banks of the Colorado River.

 

  •  

on June 3, 2021, a Hyatt affiliate acquired the 59-room Ventana Big Sur, an Alila Resort, located in Big Sur, California for approximately $148 million, securing the Company’s long-term brand presence in a highly sought-after resort destination. The resort, situated on 162 acres in one of the world’s premier leisure destinations, also includes 63 distinctive camping areas and 15 tent cabins and is one of three world-class Alila resorts operating in California. The resort is well-positioned to be considered as part of Hyatt’s capital strategy and Hyatt intends to turn to evaluating the sale of this asset while retaining a long-term management agreement.

With the completion of both asset transactions at attractive values, Hyatt remains on track to realize net proceeds from the sale of real estate of approximately $1.5 billion by March 2022 as part of its capital strategy announced in March 2019. To date, and including the net proceeds from the aforementioned transactions, the Company has realized approximately $1.1 billion in net proceeds while continuing to expand its management and franchising business. In addition to reducing the earnings from owned and leased hotels, Hyatt has expanded its managed and franchised property base by approximately 150 hotels, or by 18%, from March 2019 to May 2021 that will drive an increased percentage of earnings coming from management and franchising activity.

The Company’s outlook is based on a number of assumptions that are subject to change, many of which are outside the control of the Company. If actual results vary from these assumptions, the Company’s expectations may change. There can be no assurance that the Company will achieve these results.

The full text of the press release is attached as Exhibit 99.1 to this Form 8-K and is incorporated herein by reference.

The information furnished under Item 7.01 in this Form 8-K shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section and shall not be deemed incorporated by reference in any filing made by Hyatt Hotels Corporation under the Securities Act of 1933, as amended, or the Exchange Act, except as set forth by specific reference in such filing.

Item 9.01. Financial Statements and Exhibits.

 

(d)

Exhibits.

 

Exhibit

No.

    Document Description
99.1    Hyatt Hotels Corporation Press Release, dated June 8, 2021 (furnished pursuant to Item 7.01)
104    Cover Page Interactive Data File (embedded within the Inline XBRL document)

Forward-Looking Statements

Forward-Looking Statements in this Current Report on Form 8-K, which are not historical facts, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements related to the Company’s net rooms growth outlook, the amount by which the Company intends to reduce its real estate asset base and the anticipated timeframe for such asset dispositions, and involve known and unknown risks that are difficult to predict. As a result, our actual results, performance or achievements may differ materially from those expressed or implied by these forward-looking statements. In some cases, you can identify forward-looking statements by the use of words such as “may,” “could,” “expect,” “intend,” “plan,” “seek,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,” “likely,” “will,” “would” and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Such forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable by us and our management, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, among others, the risks discussed in the Company’s filings with the SEC, including our annual report on Form 10-K and subsequent reports, which filings are available from the SEC. We caution you not to place undue reliance on any forward-looking statements, which are made only as of the date of this Current Report on Form 8-K. We do not undertake or assume any obligation to update publicly any of these forward-looking statements to reflect actual results, new information or future events, changes in assumptions or changes in other factors affecting forward-looking statements, except to the extent required by applicable law. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  Hyatt Hotels Corporation
Date: June 8, 2021   By:  

/s/ Joan Bottarini

    Name:   Joan Bottarini
    Title:   Executive Vice President, Chief Financial Officer
 EX-99.1 2 d175239dex991.htm EX-99.1 EX-99.1

Exhibit 99.1

 

LOGO

 

Investor Contact:

   

Media Contact:

Amanda Bryant, 312.780.5539

   

Franziska Weber, 312.780.6106

amanda.bryant@hyatt.com

   

franziska.weber@hyatt.com

HYATT INCREASES 2021 NET ROOMS GROWTH OUTLOOK

RECENT TRANSACTIONS DEMONSTRATE CAPITAL STRATEGY PROGRESS

CHICAGO (June 8, 2021) – Hyatt Hotels Corporation (“Hyatt” or the “Company”) (NYSE:H) today announced an increase to its 2021 net rooms growth outlook and the completion of two transactions as part of its ongoing capital strategy. Details are as follows:

 

  •  

On June 4, 2021, a Hyatt affiliate and Service Properties Trust, or SVC, reached an agreement with respect to 22 Hyatt Place hotels in the U.S. owned by subsidiaries of SVC. Under the terms of the amended agreement effective April 1, 2021, Hyatt will continue to manage 17 of the 22 Hyatt Place hotels owned by subsidiaries of SVC for a 10-year term. As a result of the amended agreement, Hyatt is increasing its net rooms growth outlook for 2021 to approximately 6.0%, up from the prior expectation of greater than 5.0%.

 

  •  

On June 4, 2021, a Hyatt affiliate sold the 490-room Hyatt Regency Lost Pines Resort and Spa near Austin, Texas for approximately $275 million to an unrelated third party and entered into a long-term management agreement for the property upon sale. The owner anticipates enhancing and expanding this unique resort destination located on 405 acres along the banks of the Colorado River.

 

  •  

On June 3, 2021, a Hyatt affiliate acquired the 59-room Ventana Big Sur, an Alila Resort, located in Big Sur, California for approximately $148 million, securing the Company’s long-term brand presence in a highly sought-after resort destination. The resort, situated on 162 acres in one of the world’s premier leisure destinations, also includes 63 distinctive camping areas and 15 tent cabins and is one of three world-class Alila resorts operating in California. The resort is well-positioned to be considered as part of Hyatt’s capital strategy and Hyatt intends to turn to evaluating the sale of this asset while retaining a long-term management agreement.

With the completion of both asset transactions at attractive values, Hyatt remains on track to realize net proceeds from the sale of real estate of approximately $1.5 billion by March 2022 as part of its capital strategy announced in March 2019. To date, and including the net proceeds from the aforementioned transactions, the Company has realized approximately $1.1 billion in net proceeds while continuing to expand its management and franchising business. In addition to reducing the earnings from owned and leased hotels, Hyatt has expanded its managed and franchised property base by approximately 150 hotels, or by 18%, from March 2019 to May 2021 that will drive an increased percentage of earnings coming from management and franchising activity.

The Company’s 2021 outlook is based on a number of assumptions that are subject to change and many of which are outside the control of the Company. If actual results vary from these assumptions, the Company’s expectations may change. There can be no assurance that Hyatt will achieve these results.

About Hyatt Hotels Corporation

Hyatt Hotels Corporation, headquartered in Chicago, is a leading global hospitality company offering 20 premier brands. As of March 31, 2021, the Company’s portfolio included more than 1,000 hotel, all-inclusive, and wellness resort properties in 68 countries across six continents. The Company’s purpose to care for people so they can be their best informs its business decisions and growth strategy and is intended to attract and retain top employees, build relationships with guests and create value for shareholders. The Company’s subsidiaries operate, manage, franchise, own, lease, develop, license, or provide services to hotels, resorts, branded residences, and vacation ownership properties, including under the Park Hyatt®, Miraval®, Grand Hyatt®, Alila®, Andaz®, The Unbound Collection by Hyatt®, Destination by Hyatt™, Hyatt Regency®, Hyatt®, Hyatt Ziva™, Hyatt Zilara™, Thompson Hotels®, Hyatt Centric®, Caption by Hyatt, JdV by Hyatt™, Hyatt House®, Hyatt Place®, tommie™, UrCove, and Hyatt Residence Club® brand names, and operates the World of Hyatt® loyalty program that provides distinct benefits and exclusive experiences to its valued members. For more information, please visit www.hyatt.com.

Forward-Looking Statement

Forward-Looking Statements in this press release, which are not historical facts, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include statements about our plans, strategies, outlook, expected net rooms growth, the amount by which the Company intends to reduce its real estate asset base and the anticipated timeframe for such asset dispositions, prospects or future events and involve known and unknown risks that are difficult to predict. As a result, our actual results, performance or achievements may differ materially from those expressed or implied by these forward-looking statements. In some cases, you can identify forward-looking statements by the use of words such as “may,” “could,” “expect,” “intend,” “plan,” “seek,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,” “likely,” “will,” “would” and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Such forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable by us and our management, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: the duration of the COVID-19 pandemic and its short and longer-term effects, including the demand for travel, transient and group business, and levels of consumer confidence, and the pace of

recovery following the pandemic, any additional resurgence, or COVID-19 variants; the impact of the COVID-19 pandemic, any additional resurgence, or COVID-19 variants, and the impact of actions that governments, businesses, and individuals take in response, on global and regional economies, travel limitations or bans, and economic activity, including the duration and magnitude of its impact on unemployment rates and consumer discretionary spending; the broad distribution of COVID-19 vaccines and wide acceptance by the general population of such vaccines; the ability of third-party owners, franchisees, or hospitality venture partners to successfully navigate the impacts of the COVID-19 pandemic, any additional resurgence, or COVID-19 variants; general economic uncertainty in key global markets and a worsening of global economic conditions or low levels of economic growth; the rate and the pace of economic recovery following economic downturns; levels of spending in business and leisure segments as well as consumer confidence; declines in occupancy and average daily rate (“ADR”); limited visibility with respect to future bookings; loss of key personnel; domestic and international political and geo-political conditions, including political or civil unrest or changes in trade policy; hostilities, or fear of hostilities, including future terrorist attacks, that affect travel; travel-related accidents; natural or man-made disasters such as earthquakes, tsunamis, tornadoes, hurricanes, floods, wildfires, oil spills, nuclear incidents, and global outbreaks of pandemics or contagious diseases, such as the COVID-19 pandemic, or fear of such outbreaks; our ability to successfully achieve certain levels of operating profits at hotels that have performance tests or guarantees in favor of our third-party owners; the impact of hotel renovations and redevelopments; risks associated with our capital allocation plans, share repurchase program, and dividend payments, including a reduction in, or elimination or suspension of, repurchase activity or dividend payments; the seasonal and cyclical nature of the real estate and hospitality businesses; changes in distribution arrangements, such as through internet travel intermediaries; changes in the tastes and preferences of our customers; relationships with colleagues and labor unions and changes in labor laws; the financial condition of, and our relationships with, third-party property owners, franchisees, and hospitality venture partners; the possible inability of third-party owners, franchisees, or development partners to access capital necessary to fund current operations or implement our plans for growth; risks associated with potential acquisitions and dispositions and the introduction of new brand concepts; the timing of acquisitions and dispositions and our ability to successfully integrate completed acquisitions with existing operations; failure to successfully complete proposed transactions (including the failure to satisfy closing conditions or obtain required approvals); our ability to successfully execute on our strategy to expand our management and franchising business while at the same time reducing our real estate asset base within targeted timeframes and at expected values; declines in the value of our real estate assets; unforeseen terminations of our management or franchise agreements; changes in federal, state, local, or foreign tax law; increases in interest rates and operating costs; foreign exchange rate fluctuations or currency restructurings; lack of acceptance of new brands or innovation; general

volatility of the capital markets and our ability to access such markets; changes in the competitive environment in our industry, including as a result of the COVID-19 pandemic, industry consolidation, and the markets where we operate; our ability to successfully grow the World of Hyatt loyalty program; cyber incidents and information technology failures; outcomes of legal or administrative proceedings; and violations of regulations or laws related to our franchising business; and other risks discussed in the Company’s filings with the SEC, including our annual report on Form 10-K, which filings are available from the SEC. All forward-looking statements attributable to us or persons acting on our behalf are expressly qualified in their entirety by the cautionary statements set forth above. We caution you not to place undue reliance on any forward-looking statements, which are made only as of the date of this press release. We do not undertake or assume any obligation to update publicly any of these forward-looking statements to reflect actual results, new information or future events, changes in assumptions or changes in other factors affecting forward-looking statements, except to the extent required by applicable law. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements.

EX-101.SCH 3 h-20210608.xsd XBRL TAXONOMY EXTENSION SCHEMA 100000 - Document - Document and Entity Information link:calculationLink link:presentationLink link:definitionLink EX-101.LAB 4 h-20210608_lab.xml XBRL TAXONOMY EXTENSION LABEL LINKBASE Cover [Abstract] Cover [Abstract] Entity Registrant Name Entity Registrant Name Amendment Flag Amendment Flag Entity Central Index Key Entity Central Index Key Document Type Document Type Document Period End Date Document Period End Date Entity Incorporation State Country Code Entity Incorporation State Country Code Entity File Number Entity File Number Entity Tax Identification Number Entity Tax Identification Number Entity Address, Address Line One Entity Address, Address Line One Entity Address, City or Town Entity Address, City or Town Entity Address, State or Province Entity Address, State or Province Entity Address, Postal Zip Code Entity Address, Postal Zip Code City Area Code City Area Code Local Phone Number Local Phone Number Written Communications Written Communications Soliciting Material Soliciting Material Pre Commencement Tender Offer Pre Commencement Tender Offer Pre Commencement Issuer Tender Offer Pre Commencement Issuer Tender Offer Security 12b Title Security 12b Title Trading Symbol Trading Symbol Security Exchange Name Security Exchange Name Entity Emerging Growth Company Entity Emerging Growth Company EX-101.PRE 5 h-20210608_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE GRAPHIC 6 g175239g39e43.jpg GRAPHIC begin 644 g175239g39e43.jpg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end XML 7 d175239d8k_htm.xml IDEA: XBRL DOCUMENT 0001468174 2021-06-08 2021-06-08 Hyatt Hotels Corp false 0001468174 8-K 2021-06-08 DE 001-34521 20-1480589 150 North Riverside Plaza Chicago IL 60606 (312) 750-1234 false false false false Class A common stock, $0.01 par value H NYSE false XML 8 R1.htm IDEA: XBRL DOCUMENT v3.21.1
Document and Entity Information
Jun. 08, 2021
Cover [Abstract]  
Entity Registrant Name Hyatt Hotels Corp
Amendment Flag false
Entity Central Index Key 0001468174
Document Type 8-K
Document Period End Date Jun. 08, 2021
Entity Incorporation State Country Code DE
Entity File Number 001-34521
Entity Tax Identification Number 20-1480589
Entity Address, Address Line One 150 North Riverside Plaza
Entity Address, City or Town Chicago
Entity Address, State or Province IL
Entity Address, Postal Zip Code 60606
City Area Code (312)
Local Phone Number 750-1234
Written Communications false
Soliciting Material false
Pre Commencement Tender Offer false
Pre Commencement Issuer Tender Offer false
Security 12b Title Class A common stock, $0.01 par value
Trading Symbol H
Security Exchange Name NYSE
Entity Emerging Growth Company false
EXCEL 9 Financial_Report.xlsx IDEA: XBRL DOCUMENT begin 644 Financial_Report.xlsx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how.js IDEA: XBRL DOCUMENT // Edgar(tm) Renderer was created by staff of the U.S. Securities and Exchange Commission. Data and content created by government employees within the scope of their employment are not subject to domestic copyright protection. 17 U.S.C. 105. var Show={};Show.LastAR=null,Show.showAR=function(a,r,w){if(Show.LastAR)Show.hideAR();var e=a;while(e&&e.nodeName!='TABLE')e=e.nextSibling;if(!e||e.nodeName!='TABLE'){var ref=((window)?w.document:document).getElementById(r);if(ref){e=ref.cloneNode(!0); e.removeAttribute('id');a.parentNode.appendChild(e)}} if(e)e.style.display='block';Show.LastAR=e};Show.hideAR=function(){Show.LastAR.style.display='none'};Show.toggleNext=function(a){var e=a;while(e.nodeName!='DIV')e=e.nextSibling;if(!e.style){}else if(!e.style.display){}else{var d,p_;if(e.style.display=='none'){d='block';p='-'}else{d='none';p='+'} e.style.display=d;if(a.textContent){a.textContent=p+a.textContent.substring(1)}else{a.innerText=p+a.innerText.substring(1)}}} XML 11 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; white-space: normal; /* word-wrap: break-word; */ } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; overflow: hidden; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } XML 12 FilingSummary.xml IDEA: XBRL DOCUMENT 3.21.1 html 1 96 1 false 0 0 false 0 false false R1.htm 100000 - Document - Document and Entity Information Sheet http://www.hyatt.com//20210608/taxonomy/role/DocumentDocumentAndEntityInformation Document and Entity Information Cover 1 false false All Reports Book All Reports d175239d8k.htm d175239dex991.htm h-20210608.xsd h-20210608_lab.xml h-20210608_pre.xml http://xbrl.sec.gov/dei/2020-01-31 true false JSON 15 MetaLinks.json IDEA: XBRL DOCUMENT { "instance": { "d175239d8k.htm": { "axisCustom": 0, "axisStandard": 0, "contextCount": 1, "dts": { "inline": { "local": [ "d175239d8k.htm" ] }, "labelLink": { "local": [ "h-20210608_lab.xml" ], "remote": [ "https://xbrl.sec.gov/dei/2020/dei-doc-2020-01-31.xml" ] }, "presentationLink": { "local": [ "h-20210608_pre.xml" ] }, "referenceLink": { "remote": [ "https://xbrl.sec.gov/dei/2020/dei-ref-2020-01-31.xml" ] }, "schema": { "local": [ "h-20210608.xsd" ], "remote": [ "http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd", "http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd", "http://www.xbrl.org/2003/xl-2003-12-31.xsd", "http://www.xbrl.org/2003/xlink-2003-12-31.xsd", "https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd", "http://www.xbrl.org/2005/xbrldt-2005.xsd", "http://www.xbrl.org/dtr/type/nonNumeric-2009-12-16.xsd", "http://www.xbrl.org/dtr/type/numeric-2009-12-16.xsd", "http://xbrl.sec.gov/sic/2011/sic-2011-01-31.xsd", "https://xbrl.sec.gov/naics/2017/naics-2017-01-31.xsd", "http://www.xbrl.org/lrr/role/deprecated-2009-12-16.xsd", "http://www.xbrl.org/2006/ref-2006-02-27.xsd" ] } }, "elementCount": 23, "entityCount": 1, "hidden": { "http://xbrl.sec.gov/dei/2020-01-31": 3, "total": 3 }, "keyCustom": 0, "keyStandard": 96, "memberCustom": 0, "memberStandard": 0, "nsprefix": "h", "nsuri": "http://www.hyatt.com/20210608", "report": { "R1": { "firstAnchor": { "ancestors": [ "span", "p", "div", "div", "body", "html" ], "baseRef": "d175239d8k.htm", "contextRef": "duration_2021-06-08_to_2021-06-08", "decimals": null, "first": true, "lang": "en-US", "name": "dei:DocumentType", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "document", "isDefault": "true", "longName": "100000 - Document - Document and Entity Information", "role": "http://www.hyatt.com//20210608/taxonomy/role/DocumentDocumentAndEntityInformation", "shortName": "Document and Entity Information", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "p", "div", "div", "body", "html" ], "baseRef": "d175239d8k.htm", "contextRef": "duration_2021-06-08_to_2021-06-08", "decimals": null, "first": true, "lang": "en-US", "name": "dei:DocumentType", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } } }, "segmentCount": 0, "tag": { "dei_AmendmentFlag": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.", "label": "Amendment Flag", "terseLabel": "Amendment Flag" } } }, "localname": "AmendmentFlag", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.hyatt.com//20210608/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "booleanItemType" }, "dei_CityAreaCode": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Area code of city", "label": "City Area Code", "terseLabel": "City Area Code" } } }, "localname": "CityAreaCode", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.hyatt.com//20210608/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_CoverAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Cover page.", "label": "Cover [Abstract]", "terseLabel": "Cover [Abstract]" } } }, "localname": "CoverAbstract", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "xbrltype": "stringItemType" }, "dei_DocumentPeriodEndDate": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented. If there is no historical data in the report, use the filing date. The format of the date is YYYY-MM-DD.", "label": "Document Period End Date", "terseLabel": "Document Period End Date" } } }, "localname": "DocumentPeriodEndDate", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.hyatt.com//20210608/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "dateItemType" }, "dei_DocumentType": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.", "label": "Document Type", "terseLabel": "Document Type" } } }, "localname": "DocumentType", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.hyatt.com//20210608/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "submissionTypeItemType" }, "dei_EntityAddressAddressLine1": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Address Line 1 such as Attn, Building Name, Street Name", "label": "Entity Address, Address Line One", "terseLabel": "Entity Address, Address Line One" } } }, "localname": "EntityAddressAddressLine1", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.hyatt.com//20210608/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressCityOrTown": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Name of the City or Town", "label": "Entity Address, City or Town", "terseLabel": "Entity Address, City or Town" } } }, "localname": "EntityAddressCityOrTown", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.hyatt.com//20210608/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressPostalZipCode": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Code for the postal or zip code", "label": "Entity Address, Postal Zip Code", "terseLabel": "Entity Address, Postal Zip Code" } } }, "localname": "EntityAddressPostalZipCode", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.hyatt.com//20210608/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressStateOrProvince": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Name of the state or province.", "label": "Entity Address, State or Province", "terseLabel": "Entity Address, State or Province" } } }, "localname": "EntityAddressStateOrProvince", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.hyatt.com//20210608/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "stateOrProvinceItemType" }, "dei_EntityCentralIndexKey": { "auth_ref": [ "r5" ], "lang": { "en-us": { "role": { "documentation": "A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.", "label": "Entity Central Index Key", "terseLabel": "Entity Central Index Key" } } }, "localname": "EntityCentralIndexKey", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.hyatt.com//20210608/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "centralIndexKeyItemType" }, "dei_EntityEmergingGrowthCompany": { "auth_ref": [ "r5" ], "lang": { "en-us": { "role": { "documentation": "Indicate if registrant meets the emerging growth company criteria.", "label": "Entity Emerging Growth Company", "terseLabel": "Entity Emerging Growth Company" } } }, "localname": "EntityEmergingGrowthCompany", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.hyatt.com//20210608/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "booleanItemType" }, "dei_EntityFileNumber": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.", "label": "Entity File Number", "terseLabel": "Entity File Number" } } }, "localname": "EntityFileNumber", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.hyatt.com//20210608/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "fileNumberItemType" }, "dei_EntityIncorporationStateCountryCode": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Two-character EDGAR code representing the state or country of incorporation.", "label": "Entity Incorporation State Country Code", "terseLabel": "Entity Incorporation State Country Code" } } }, "localname": "EntityIncorporationStateCountryCode", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.hyatt.com//20210608/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "edgarStateCountryItemType" }, "dei_EntityRegistrantName": { "auth_ref": [ "r5" ], "lang": { "en-us": { "role": { "documentation": "The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.", "label": "Entity Registrant Name", "terseLabel": "Entity Registrant Name" } } }, "localname": "EntityRegistrantName", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.hyatt.com//20210608/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityTaxIdentificationNumber": { "auth_ref": [ "r5" ], "lang": { "en-us": { "role": { "documentation": "The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.", "label": "Entity Tax Identification Number", "terseLabel": "Entity Tax Identification Number" } } }, "localname": "EntityTaxIdentificationNumber", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.hyatt.com//20210608/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "employerIdItemType" }, "dei_LocalPhoneNumber": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Local phone number for entity.", "label": "Local Phone Number", "terseLabel": "Local Phone Number" } } }, "localname": "LocalPhoneNumber", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.hyatt.com//20210608/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_PreCommencementIssuerTenderOffer": { "auth_ref": [ "r2" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.", "label": "Pre Commencement Issuer Tender Offer", "terseLabel": "Pre Commencement Issuer Tender Offer" } } }, "localname": "PreCommencementIssuerTenderOffer", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.hyatt.com//20210608/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "booleanItemType" }, "dei_PreCommencementTenderOffer": { "auth_ref": [ "r3" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.", "label": "Pre Commencement Tender Offer", "terseLabel": "Pre Commencement Tender Offer" } } }, "localname": "PreCommencementTenderOffer", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.hyatt.com//20210608/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "booleanItemType" }, "dei_Security12bTitle": { "auth_ref": [ "r0" ], "lang": { "en-us": { "role": { "documentation": "Title of a 12(b) registered security.", "label": "Security 12b Title", "terseLabel": "Security 12b Title" } } }, "localname": "Security12bTitle", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.hyatt.com//20210608/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "securityTitleItemType" }, "dei_SecurityExchangeName": { "auth_ref": [ "r1" ], "lang": { "en-us": { "role": { "documentation": "Name of the Exchange on which a security is registered.", "label": "Security Exchange Name", "terseLabel": "Security Exchange Name" } } }, "localname": "SecurityExchangeName", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.hyatt.com//20210608/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "edgarExchangeCodeItemType" }, "dei_SolicitingMaterial": { "auth_ref": [ "r4" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.", "label": "Soliciting Material", "terseLabel": "Soliciting Material" } } }, "localname": "SolicitingMaterial", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.hyatt.com//20210608/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "booleanItemType" }, "dei_TradingSymbol": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Trading symbol of an instrument as listed on an exchange.", "label": "Trading Symbol", "terseLabel": "Trading Symbol" } } }, "localname": "TradingSymbol", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.hyatt.com//20210608/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "tradingSymbolItemType" }, "dei_WrittenCommunications": { "auth_ref": [ "r6" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.", "label": "Written Communications", "terseLabel": "Written Communications" } } }, "localname": "WrittenCommunications", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.hyatt.com//20210608/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "booleanItemType" } }, "unitCount": 0 } }, "std_ref": { "r0": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "b" }, "r1": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "d1-1" }, "r2": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "13e", "Subsection": "4c" }, "r3": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "14d", "Subsection": "2b" }, "r4": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "14a", "Subsection": "12" }, "r5": { "Name": "Regulation 12B", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "b-2" }, "r6": { "Name": "Securities Act", "Number": "230", "Publisher": "SEC", "Section": "425" } }, "version": "2.1" } ZIP 16 0001193125-21-184913-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001193125-21-184913-xbrl.zip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