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Hyatt Hotels' CEO Discusses Q1 2012 Results - Earnings Call Transcript

Hyatt Hotels (H)

Q1 2012 Earnings Call

May 03, 2012 11:30 am ET

Executives

Atish Shah -

Mark S. Hoplamazian - Chief Executive Officer, President and Director

Harmit J. Singh - Chief Financial Officer, Principal Accounting Officer and Executive Vice President

Analysts

Carlo Santarelli - Deutsche Bank AG, Research Division

Joseph Greff - JP Morgan Chase & Co, Research Division

Presentation

Operator

Good day, ladies and gentlemen, and welcome to the First Quarter 2012 Hyatt Hotels Corporation Earnings Conference Call. My name is Shequan, and I will be your coordinator for today. [Operator Instructions] I would now like to turn the presentation over to your host for today's call, Mr. Atish Shah, Head of Investor Relations. Please proceed, sir.

Atish Shah

Thank you very much. Good day, everyone, and thank you for joining us for Hyatt's first quarter 2012 earnings call.

Here with me in Chicago today are Mark Hoplamazian, Hyatt's President and Chief Executive Officer; and Harmit Singh, Hyatt's Chief Financial Officer.

Before we get started, I would like to remind everyone that we have a different format to our earnings call this quarter. Mark will make a few introductory comments, and then we will read and respond to the questions which we have received by email this morning. We've not screened the questions, but have grouped them by category. We intend to take follow-up questions via live Q&A for the final 15 to 20 minutes of the call.

Before I turn it over to Mark, let me remind everyone that certain statements made on this call are not historical facts and are considered forward-looking statements. These statements are subject to numerous risks and uncertainties as described in our annual report on Form 10-K and other SEC filings, which could cause our actual results to differ materially from those expressed in or implied by our comments.

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