Playa Hotels & Resorts Nv Stock Price, News & Analysis

Playa Hotels & Resorts N.V. (NASDAQ: PLYA) announced the opening of bookings for the new Hyatt Zilara Riviera Maya, starting December 1, 2022. Offering all-inclusive rates from $149 per person per night, the resort features 291 suites in a romantic, upscale environment. Located in Riviera Maya, it aims to enhance Playa's portfolio of Hyatt Zilara resorts to four locations in Mexico and the Caribbean. Playa Hotels & Resorts will manage this facility, promising a luxurious experience for guests.

Playa Hotels & Resorts N.V. (NASDAQ: PLYA) announced the release of its second quarter 2022 financial results, scheduled for August 4, 2022, after market close. A conference call to discuss the results will take place on August 5, 2022, at 11:00 a.m. EDT. Interested parties can join the call by dialing (888) 317-6003 for domestic or (412) 317-6061 for international access. A replay of the call will be available from August 5 through August 12, 2022. Playa operates 22 resorts across Mexico, Jamaica, and the Dominican Republic, focusing on a premium all-inclusive experience.

Playa Hotels & Resorts (NASDAQ: PLYA) collaborates with Marriott International to debut Sanctuary Cap Cana as the first Luxury Collection all-inclusive resort in the Dominican Republic. Slated to open in summer 2022, this adults-only resort in Cap Cana features 325 rooms and offers amenities like five restaurants, six bars, and pools. The agreement marks Playa's first partnership with Marriott, highlighting its operational expertise in luxury all-inclusive services. The Luxury Collection brand boasts 123 hotels globally, reinforcing Playa's presence in the Caribbean and enhancing its upscale offerings.

Playa Hotels & Resorts N.V. (NASDAQ: PLYA) reported strong Q1 2022 results. Net Income reached $42.7 million, a significant recovery from a $69.7 million loss in 2021. Adjusted EBITDA soared 3,171.6% to $76.9 million. Key metrics included a 72.4% occupancy rate and 207.2% increase in Net Package RevPAR to $280.78. The company's cash position was robust at $299.8 million. CEO Bruce D. Wardinski noted strong booking momentum and an optimistic outlook for recovery in key markets.

Playa Hotels & Resorts N.V. (NASDAQ: PLYA) has announced that its first quarter 2022 financial results will be released after market close on May 5, 2022. A conference call to discuss these results is scheduled for May 6, 2022, at 12:00 p.m. EDT. Participants can access the call via phone or listen to a replay available shortly after the call concludes. Playa operates a portfolio of 22 resorts in Mexico, Jamaica, and the Dominican Republic, focusing on all-inclusive vacation experiences.

Playa Hotels & Resorts N.V. (NASDAQ: PLYA) reported significant operational improvements for the fourth quarter and year ended December 31, 2021. Net income reached $0.2 million, up from a loss of $73.8 million in 2020, while Adjusted EBITDA surged 436.2% to $47 million. The owned resort portfolio's EBITDA experienced a 1,267.1% increase to $56.8 million. The company continues to see robust demand and occupancy improvements, particularly in the Dominican Republic. As of the end of 2021, Playa held $270.1 million in cash, with total interest-bearing debt at $1,145.2 million.

Playa Hotels & Resorts N.V. (NASDAQ: PLYA) will release its fourth quarter 2021 financial results on February 24, 2022, post-market. A conference call is scheduled for February 25 at 12:00 p.m. ET to discuss the results. Investors can access the call by dialing (888) 317-6003 for domestic calls and (412) 317-6061 for international participants, using conference ID 4707291. A replay will be available two hours after the call through March 4, 2022. Playa owns and manages 22 resorts across Mexico, Jamaica, and the Dominican Republic, offering all-inclusive services to enhance guest experiences.

Playa Hotels & Resorts N.V. (NASDAQ: PLYA) released preliminary fourth quarter 2021 operating statistics for its portfolio of 7,124 rooms. The company reported an occupancy rate of 66% and an Average Daily Rate (ADR) of $325, marking a 39% increase compared to 2019. The Owned Resort EBITDA Margin is approximately 33%. CEO Bruce Wardinski acknowledged challenges due to COVID-19 but expressed optimism due to recent booking acceleration. Final financial results are expected on February 24, 2022, and may differ from these preliminary figures.