Playa Hotels & Resorts (PLYA) reported earnings on Mon 7 May 2018 (b/o)

Playa Hotels & Resorts N.V. is an all-inclusive resort company focused on the Caribbean and Mexico. As of December 31, 2017, it owned a portfolio consisting of 13 resorts comprising 6,130 rooms located in Mexico, the Dominican Republic, and Jamaica.

• Headquarters: Netherlands
• Founded: 2006
• Sector: Consumer Cyclical
• Industry: Resorts & Casinos
• Full Time Employees: 9,900
• playaresorts.com

** charts after earnings **

  

Playa Hotels & Resorts beats by $0.04, beats on revs

• Reports Q1 (Mar) earnings of $0.32 per share, excluding non-recurring items, $0.04 better than the Capital IQ Consensus of $0.28; revenues rose 1.6% year/year to $176.85 mln vs the $172.88 mln Capital IQ Consensus.

Playa Hotels & Resorts (PLYA) began trading on Nasdaq on 8 May 2017

Playa Hotels & Resorts began trading on the Nasdaq on Monday, May 8, after the all-inclusive resorts operator completed its merger with Pace Holdings Corp., a division of private equity company TPG.

• Playa CEO and chairman Bruce Wardinski and his management team will continue to run the combined company. Pace CEO Karl Peterson and former Sabre Corp. CEO Tom Klein have been appointed to Playa's board of directors.
• On March 1, Pace shareholders approved the transaction, which makes Playa the only publicly traded all-inclusive resorts company.
• Playa's portfolio consists of 13 resorts across Mexico, the Dominican Republic and Jamaica, including properties operating under Hyatt's Ziva and Zilara brands.