Playa Hotels & Resorts (PLYA) Tops Q4 EPS by 5c

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

February 27, 2020 5:01 PM EST

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%... More