Investor Presentaiton
Capital Allocation Strategy - Recent Discretionary Capex Spend
Hyatt Ziva & Zilara Cap Cana
Hilton Playa del Carmen
Hyatt Ziva & Zilara Cap Cana
Resort
Hyatt Ziva & Zilara Cap Cana
Hilton Playa del Carmen
Hilton La Romana
PLAYA
1)
Project costs are net of key money
HOTELS & RESORTS"
2)
Hilton Playa del Carmen
Completion Date
Q4 2019
Q4 2019
Q4 2019
Project Cost (1)
~$265M
~$15M
~$50M
Hilton La Romana
Cash-on-Cash Return Target(2)
Stabilized Year: ~12% - 15%
Stabilized Year: ~13% -17%
Stabilized Year: ~11% - 14%
Cash-on-Cash return calculated by dividing the incremental EBITDA generated by the renovation (Stabilized Year incremental EBITDA over 2018) by the redevelopment cost. Project cost is net of key money and VAT.
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