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Earnings
Playa Hotels & Resorts reports Q3 adjusted EPS 4c, consensus 6c » 16:31
11/03/22
11/03
16:31
11/03/22
16:31
PLYA

Playa Hotels & Resorts

$5.79 /

-0.21 (-3.50%)

Reports Q3 revenue…

Reports Q3 revenue $204.62M, consensus $195.34M. Reports Q3 comparable Net Package RevPAR increased 41.4% over 2021 to $257.08, driven by a 16.3 percentage point increase in Occupancy and an 11.2% increase in Net Package ADR. "We continued to execute on our strategic objectives during the third quarter despite the uncertain macroeconomic backdrop, above-average inflation and hurricane-related disruption in the Dominican Republic. Our business momentum was broad-based as we successfully lapped last year's record ADR and Owned Resort EBITDA Margins. The underlying performance in the quarter and our current strength in booking demand give us a continued sense of optimism as we approach our high season. Demand has remained strong across our portfolio, and as of mid-October, our revenue on the books for the first quarter of 2023 is up nearly 40% year-over-year for our Playa owned and managed resorts, with increased ADRs driving nearly one-third of the gains", said Bruce D. Wardinski, Chairman and CEO of Playa Hotels & Resorts.

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PLYA Playa Hotels & Resorts
$5.79 /

-0.21 (-3.50%)

PLYA Playa Hotels & Resorts
$5.79 /

-0.21 (-3.50%)

11/03/22 Deutsche Bank
Playa Hotels & Resorts price target lowered to $14 from $15 at Deutsche Bank
05/09/22 Truist
Playa Hotels & Resorts upgraded to Buy from Hold at Truist
05/09/22 Deutsche Bank
Playa Hotels & Resorts price target raised to $15 from $13 at Deutsche Bank
05/09/22 Truist
Playa Hotels & Resorts upgraded to Buy from Hold at Truist
PLYA Playa Hotels & Resorts
$5.79 /

-0.21 (-3.50%)

  • 09
    Nov
PLYA Playa Hotels & Resorts
$5.79 /

-0.21 (-3.50%)

Recommendations
Playa Hotels & Resorts price target lowered to $14 from $15 at Deutsche Bank » 07:49
11/03/22
11/03
07:49
11/03/22
07:49
PLYA

Playa Hotels & Resorts

$6.00 /

-0.215 (-3.46%)

Deutsche Bank analyst…

Deutsche Bank analyst Chris Woronka lowered the firm's price target on Playa Hotels & Resorts to $14 from $15 and keeps a Buy rating on the shares. The analyst adjusted estimates to reflect the contemplated impact of property closures in the Dominican Republic following Hurricane Fiona in mid-September.

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PLYA Playa Hotels & Resorts
$6.00 /

-0.215 (-3.46%)

PLYA Playa Hotels & Resorts
$6.00 /

-0.215 (-3.46%)

05/09/22 Truist
Playa Hotels & Resorts upgraded to Buy from Hold at Truist
05/09/22 Deutsche Bank
Playa Hotels & Resorts price target raised to $15 from $13 at Deutsche Bank
05/09/22 Truist
Playa Hotels & Resorts upgraded to Buy from Hold at Truist
04/21/22 Oppenheimer
Oppenheimer starts 'well positioned' Playa Hotels & Resorts at Outperform
PLYA Playa Hotels & Resorts
$6.00 /

-0.215 (-3.46%)

  • 09
    Nov
PLYA Playa Hotels & Resorts
$6.00 /

-0.215 (-3.46%)

Conference/Events
Playa Hotels & Resorts management to meet with Truist » 04:55
10/05/22
10/05
04:55
10/05/22
04:55
PLYA

Playa Hotels & Resorts

$5.98 /

+0.21 (+3.64%)

Meetings to be held in…

Meetings to be held in Kansas City on October 4 and in Texas on October 5 hosted by Truist.

ShowHide Related Items >><<
PLYA Playa Hotels & Resorts
$5.98 /

+0.21 (+3.64%)

PLYA Playa Hotels & Resorts
$5.98 /

+0.21 (+3.64%)

05/09/22 Truist
Playa Hotels & Resorts upgraded to Buy from Hold at Truist
05/09/22 Deutsche Bank
Playa Hotels & Resorts price target raised to $15 from $13 at Deutsche Bank
05/09/22 Truist
Playa Hotels & Resorts upgraded to Buy from Hold at Truist
04/21/22 Oppenheimer
Oppenheimer starts 'well positioned' Playa Hotels & Resorts at Outperform
PLYA Playa Hotels & Resorts
$5.98 /

+0.21 (+3.64%)

  • 09
    Nov
PLYA Playa Hotels & Resorts
$5.98 /

+0.21 (+3.64%)

Conference/Events
Playa Hotels & Resorts management to meet with Truist » 09:22
10/04/22
10/04
09:22
10/04/22
09:22
PLYA

Playa Hotels & Resorts

$5.78 /

-0.05 (-0.86%)

Meetings to be held in…

Meetings to be held in Kansas City on October 4 and in Texas on October 5 hosted by Truist.

ShowHide Related Items >><<
PLYA Playa Hotels & Resorts
$5.78 /

-0.05 (-0.86%)

PLYA Playa Hotels & Resorts
$5.78 /

-0.05 (-0.86%)

05/09/22 Truist
Playa Hotels & Resorts upgraded to Buy from Hold at Truist
05/09/22 Deutsche Bank
Playa Hotels & Resorts price target raised to $15 from $13 at Deutsche Bank
05/09/22 Truist
Playa Hotels & Resorts upgraded to Buy from Hold at Truist
04/21/22 Oppenheimer
Oppenheimer starts 'well positioned' Playa Hotels & Resorts at Outperform
PLYA Playa Hotels & Resorts
$5.78 /

-0.05 (-0.86%)

  • 09
    Nov
PLYA Playa Hotels & Resorts
$5.78 /

-0.05 (-0.86%)

Hot Stocks
Playa Hotels & Resorts provides update on impact from Hurricane Fiona » 08:08
09/26/22
09/26
08:08
09/26/22
08:08
PLYA

Playa Hotels & Resorts

$5.80 /

-0.175 (-2.93%)

Playa Hotels &…

Playa Hotels & Resorts announced an update on the impact of Hurricane Fiona on the Hyatt Ziva & Zilara Cap Cana, Hilton La Romana, Dreams Palm Beach and Dreams Punta Cana. While there was no structural damage at any of the Company's resorts in the Dominican Republic, the Hyatt Ziva & Zilara Cap Cana and the Hilton La Romana will be closed for a period of time to expedite necessary clean up and repair work as a result of Hurricane Fiona. The resorts are expected to reopen during the fourth quarter of 2022. The Dreams Palm Beach and Dreams Punta Cana both remain open and operational. The Company carries property and business interruption insurance and is currently working with its insurance partners to reopen the Hyatt Ziva & Zilara Cap Cana and the Hilton La Romana in a timely manner.

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PLYA Playa Hotels & Resorts
$5.80 /

-0.175 (-2.93%)

PLYA Playa Hotels & Resorts
$5.80 /

-0.175 (-2.93%)

05/09/22 Truist
Playa Hotels & Resorts upgraded to Buy from Hold at Truist
05/09/22 Deutsche Bank
Playa Hotels & Resorts price target raised to $15 from $13 at Deutsche Bank
05/09/22 Truist
Playa Hotels & Resorts upgraded to Buy from Hold at Truist
04/21/22 Oppenheimer
Oppenheimer starts 'well positioned' Playa Hotels & Resorts at Outperform
PLYA Playa Hotels & Resorts
$5.80 /

-0.175 (-2.93%)

  • 09
    Nov
PLYA Playa Hotels & Resorts
$5.80 /

-0.175 (-2.93%)

Hot Stocks
Playa Hotels & Resorts re-authorizes $100M share repurchase program » 08:05
09/20/22
09/20
08:05
09/20/22
08:05
PLYA

Playa Hotels & Resorts

$6.13 /

-0.045 (-0.73%)

Playa Hotels &…

Playa Hotels & Resorts has re-authorized the repurchase of up to $100M of the company's outstanding ordinary shares. Depending on market conditions and other factors, these repurchases may be commenced or suspended from time to time without prior notice.

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PLYA Playa Hotels & Resorts
$6.13 /

-0.045 (-0.73%)

05/09/22 Truist
Playa Hotels & Resorts upgraded to Buy from Hold at Truist
05/09/22 Deutsche Bank
Playa Hotels & Resorts price target raised to $15 from $13 at Deutsche Bank
05/09/22 Truist
Playa Hotels & Resorts upgraded to Buy from Hold at Truist
04/21/22 Oppenheimer
Oppenheimer starts 'well positioned' Playa Hotels & Resorts at Outperform
PLYA Playa Hotels & Resorts
$6.13 /

-0.045 (-0.73%)

  • 09
    Nov
PLYA Playa Hotels & Resorts
$6.13 /

-0.045 (-0.73%)

Over a quarter ago
Earnings
Playa Hotels & Resorts reports Q2 EPS 18c, consensus 10c » 17:11
08/04/22
08/04
17:11
08/04/22
17:11
PLYA

Playa Hotels & Resorts

$7.16 /

+0.085 (+1.20%)

Reports Q2 revenue…

Reports Q2 revenue $221.27M, consensus $206.51M. Net Package RevPAR increased 79.8% over 2021 to $271.40, driven by a 25.2 percentage point increase in Occupancy and a 19.4% increase in Net Package ADR. CEO Bruce Wardinski said, "Playa had another excellent quarter and continues to execute on our strategy of delivering a high-quality experience at attractive prices to both our guests and our stakeholders. Our value proposition is resonating with guests, as our Occupancy rate in the second quarter improved to a post-pandemic high, our NPS scores remain at healthy levels, and our bookings pace remains strong...We continued to see solid guest demand, with our second half 2022 booked revenue position remaining well ahead of last year and MICE group bookings for 2023 building a base to carry momentum into next year."

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PLYA Playa Hotels & Resorts
$7.16 /

+0.085 (+1.20%)

05/09/22 Truist
Playa Hotels & Resorts upgraded to Buy from Hold at Truist
05/09/22 Deutsche Bank
Playa Hotels & Resorts price target raised to $15 from $13 at Deutsche Bank
05/09/22 Truist
Playa Hotels & Resorts upgraded to Buy from Hold at Truist
04/21/22 Oppenheimer
Oppenheimer starts 'well positioned' Playa Hotels & Resorts at Outperform
PLYA Playa Hotels & Resorts
$7.16 /

+0.085 (+1.20%)

  • 09
    Nov
PLYA Playa Hotels & Resorts
$7.16 /

+0.085 (+1.20%)

Upgrade
Playa Hotels & Resorts upgraded to Buy from Hold at Truist » 07:05
05/09/22
05/09
07:05
05/09/22
07:05
PLYA

Playa Hotels & Resorts

$8.84 /

+0.49 (+5.87%)

Truist analyst Patrick…

Truist analyst Patrick Scholes upgraded Playa Hotels & Resorts to Buy from Hold with an $11 price target, up from $8. While the analyst had been on the sidelines until now with Playa, the blowout Q1 earnings, driven by both revenues and margins, and forward booking and pricing statistics that are highly encouraging fuel the upgrade. Barring any black swan events, Scholes believe the firm's estimates are conservative as is the target valuation, he tells investors in a research note.

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PLYA Playa Hotels & Resorts
$8.84 /

+0.49 (+5.87%)

PLYA Playa Hotels & Resorts
$8.84 /

+0.49 (+5.87%)

05/09/22 Deutsche Bank
Playa Hotels & Resorts price target raised to $15 from $13 at Deutsche Bank
05/09/22 Truist
Playa Hotels & Resorts upgraded to Buy from Hold at Truist
04/21/22 Oppenheimer
Oppenheimer starts 'well positioned' Playa Hotels & Resorts at Outperform
04/21/22 Oppenheimer
Playa Hotels & Resorts initiated with an Outperform at Oppenheimer
PLYA Playa Hotels & Resorts
$8.84 /

+0.49 (+5.87%)

  • 09
    Nov
PLYA Playa Hotels & Resorts
$8.84 /

+0.49 (+5.87%)

Recommendations
Playa Hotels & Resorts price target raised to $15 from $13 at Deutsche Bank » 06:55
05/09/22
05/09
06:55
05/09/22
06:55
PLYA

Playa Hotels & Resorts

$8.84 /

+0.49 (+5.87%)

Deutsche Bank analyst…

Deutsche Bank analyst Chris Woronka raised the firm's price target on Playa Hotels & Resorts to $15 from $13 and keeps a Buy rating on the shares. The company's forward pricing continues to accelerate, Woronka tells investors in a research note. The analyst continues to view Playa as a niche way to play continued strength in leisure travel.

ShowHide Related Items >><<
PLYA Playa Hotels & Resorts
$8.84 /

+0.49 (+5.87%)

PLYA Playa Hotels & Resorts
$8.84 /

+0.49 (+5.87%)

05/09/22 Truist
Playa Hotels & Resorts upgraded to Buy from Hold at Truist
04/21/22 Oppenheimer
Oppenheimer starts 'well positioned' Playa Hotels & Resorts at Outperform
04/21/22 Oppenheimer
Playa Hotels & Resorts initiated with an Outperform at Oppenheimer
02/28/22 Deutsche Bank
Playa Hotels & Resorts price target raised to $13 from $11 at Deutsche Bank
PLYA Playa Hotels & Resorts
$8.84 /

+0.49 (+5.87%)

  • 09
    Nov
PLYA Playa Hotels & Resorts
$8.84 /

+0.49 (+5.87%)

Upgrade
Playa Hotels & Resorts upgraded to Buy from Hold at Truist » 06:10
05/09/22
05/09
06:10
05/09/22
06:10
PLYA

Playa Hotels & Resorts

$8.84 /

+0.49 (+5.87%)

Truist analyst Patrick…

Truist analyst Patrick Scholes upgraded Playa Hotels & Resorts to Buy from Hold with an $11 price target.

ShowHide Related Items >><<
PLYA Playa Hotels & Resorts
$8.84 /

+0.49 (+5.87%)

PLYA Playa Hotels & Resorts
$8.84 /

+0.49 (+5.87%)

04/21/22 Oppenheimer
Oppenheimer starts 'well positioned' Playa Hotels & Resorts at Outperform
04/21/22 Oppenheimer
Playa Hotels & Resorts initiated with an Outperform at Oppenheimer
02/28/22 Deutsche Bank
Playa Hotels & Resorts price target raised to $13 from $11 at Deutsche Bank
12/03/21 Truist
Playa Hotels & Resorts price target raised to $8 from $7 at Truist
PLYA Playa Hotels & Resorts
$8.84 /

+0.49 (+5.87%)

  • 09
    Nov
PLYA Playa Hotels & Resorts
$8.84 /

+0.49 (+5.87%)

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