Hyatt Hotels lifts 2026 RevPAR growth outlook to 5.0 to 5.5 per cent
Full-year Adjusted EBITDA is now projected at $1,170 million to $1,200 million, up 14% to 17% from 2025.
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Hyatt Hotels reported third-quarter earnings of $1.27 per share, $0.49 above expectations. Revenue was $1.74 billion, against $1.78 billion expected.
The company raised its full-year 2026 outlook for comparable system-wide RevPAR, or revenue per available room, a common measure of hotel sales. It now expects growth of 5.0 to 5.5 per cent compared with 2025. The change covers the full year, not only the quarter, and it is the main change in the outlook.
Hyatt expects net rooms growth of about 6 per cent in 2026. It projects gross fees of $1,320 million to $1,335 million, up 10% to 11% from 2025, and Adjusted EBITDA of $1,170 million to $1,200 million. Net income attributable to Hyatt Hotels Corporation is projected at $240 million to $310 million.
Hyatt also raised its expected capital returns to shareholders for 2026 to $375 million to $425 million, through dividends and share repurchases. The board declared a fourth-quarter cash dividend of $0.15 per share, payable December 7, 2026, to stockholders of record as of November 23, 2026.
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