Playa Hotels & Resorts N.V. Reports Second Quarter 2019 Results
(WorldNews Netherlands)

PDF Version FAIRFAX, Va., Aug. 06, 2019 (GLOBE NEWSWIRE) -- Playa Hotels & Resorts N.V. (the `Company` or `Playa`) (NASDAQ: PLYA) today announced results of operations for the three and six months ended June 30, 2019. Three Months Ended June 30, 2019 Results Net Income was $1.0 million compared to $16.8 million in 2018 Adjusted Net Income was $1.3 million compared to $13.4 million in 2018 Net Package RevPAR increased 1.1% over 2018 to $205.55, driven by a 6.3% increase in Net Package ADR, and partially offset by a 400 basis points decrease in Occupancy Comparable Net Package RevPAR increased 3.6% over 2018 to $217.65, driven by a 6.4% increase in Net Package ADR, and partially offset by a...