Companies · H
Hyatt Hotels
AI-generated · informational only · not investment advice · verify before relying.
Latest analysis
Updated Jul 30, 2026
Hyatt Q2 2026: System-Wide RevPAR +5.9%, Fee Business Resilient Despite Middle East and Mexico Headwinds
Hyatt's Q2 2026 results demonstrate the resilience of its asset-light fee model, with gross fees up 7.8% to $324 million and Adjusted EBITDA up 3.4% to $297 million despite a 110-basis-point RevPAR drag from Middle East geopolitical conflict and softer all-inclusive demand in Mexico. The company held its full-year 2026 Adjusted EBITDA outlook at $1,155–$1,205 million (13–18% growth versus 2025 on an asset-sale-adjusted basis), reflecting confidence that core fee strength offsets regional disruptions. World of Hyatt membership reached approximately 69 million, a 17% year-over-year record, reinforcing the loyalty flywheel that underpins Hyatt's premium RevPAR positioning relative to peers.
Tone: mixedRevenue
$7.1B
H 10-K · FY 2025
Employees
242,000
Revenue FY2024
$6.6B
Headquarters
Chicago, IL
Profile
H 10-K Item 1 · Feb 13, 2026Hyatt Hotels Corporation is a global hospitality company operating a portfolio of 1,528 hotels and all-inclusive resorts across five brand portfolios — Luxury, Lifestyle, Inclusive Collection, Classics, and Essentials. The company generates revenue primarily through management and franchising fees, owned and leased hotel operations, and distribution and destination management services via ALG Vacations and Mr & Mrs Smith. In June 2025, Hyatt completed the acquisition of Playa Hotels & Resorts, expanding its all-inclusive resort footprint in Mexico, the Dominican Republic, and Jamaica.
Read filing description ↓ Collapse description ↑
Hyatt Hotels Corporation is a global hospitality company with widely recognized, industry-leading brands and a tradition of innovation developed over our almost 70-year history. Hyatt's portfolio of properties consists of full service hotels and resorts, select service hotels, all-inclusive resorts, and other properties, including timeshare, fractional, and other forms of residential and vacation units. We also offer distribution and destination management services through ALG Vacations and distribution services through Mr & Mrs Smith, a boutique and luxury global travel platform. On June 17, 2025, we completed the acquisition of Playa Hotels & Resorts N.V., a leading owner, operator, and developer of all-inclusive resorts in Mexico, the Dominican Republic, and Jamaica. At December 31, 2025, our hotel portfolio consisted of 1,528 hotels and all-inclusive resorts (372,763 rooms). Our offering includes brands across five distinct portfolios. The Luxury Portfolio includes Park Hyatt, Alila, Miraval, Impression by Secrets, and The Unbound Collection by Hyatt; the Lifestyle Portfolio includes Andaz, Thompson Hotels, The Standard, Dream Hotels, The StandardX, Breathless Resorts & Spas, JdV by Hyatt, Bunkhouse Hotels, and Me and All Hotels; the Inclusive Collection includes Zoetry Wellness & Spa Resorts, Hyatt Ziva, Hyatt Zilara, Secrets Resorts & Spas, Dreams Resorts & Spas, Hyatt Vivid Hotels & Resorts, Bahia Principe Hotels & Resorts, Alua Hotels & Resorts, and Sunscape Resorts & Spas; the Classics Portfolio includes Grand Hyatt, Hyatt Regency, Destination by Hyatt, Hyatt Centric, Hyatt Vacation Club, and Hyatt; and the Essentials Portfolio includes Caption by Hyatt, Unscripted by Hyatt, Hyatt Place, Hyatt House, Hyatt Studios, Hyatt Select, and UrCove. We primarily derive our revenues from the provision of management, franchising, and hotel services, licensing of our portfolio of brands to franchisees and other hospitality-related businesses, including the Unlimited Vacation Club, operation of our owned and leased hotel portfolio, and provision of distribution and destination management services.
Primary products
- Management and hotel services
- Franchise agreements
- Owned and leased hotel operations
- ALG Vacations distribution and destination management services
- Mr & Mrs Smith boutique and luxury global travel platform
- World of Hyatt loyalty program
Business segments
End markets
Geographies
Named customers
No single customer is material to our business.
Named competitors
“The number of branded lodging operators with a global reach and depth of products and offerings similar to us is limited. We believe our strong customer base, prominent brand recognition, strategic property locations, and global development team enable us to compete effectively.” Competitive position, as stated in the filing
Revenue commentary · FY 2025
Total revenues increased from $6,648 million in 2024 to $7,101 million in 2025, driven in part by the June 2025 acquisition of Playa Hotels & Resorts and growth in the management and franchising segment.
The rest of H is for subscribers
Analysis, signals, diligence answers, M&A activity and every quote, each citing the filing it came from.