Hyatt reported higher third-quarter hotel room revenue and fees, while its all-inclusive resorts recorded a decline in revenue per available room. The company also reported growth in its hotel pipeline, returned capital to shareholders through buybacks and dividends, and forecast full-year growth in both hotel room revenue and its room count.
Key details
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Hotel performance: Comparable system-wide hotel RevPAR—revenue per available room—rose 7.2% from the third quarter of 2025. At comparable all-inclusive resorts, Net Package RevPAR fell 2.5%.
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Earnings: Hyatt reported net income attributable to the company of $58 million, or diluted earnings of $0.60 per share. Adjusted net income was $122 million, with adjusted diluted earnings of $1.27 per share.
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Fees and EBITDA: Gross fees increased 15.2% to $327 million. Adjusted EBITDA rose 6.2% to $295 million; measured after adjusting for assets sold in 2025, the increase was 19%.
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Room growth and development pipeline: Net room growth over the 12 months through the quarter was 3.8%, or 3.9% excluding rooms from the Playa Hotels acquisition that Hyatt removed from its room count in the fourth quarter of 2025. Hyatt’s pipeline of rooms covered by signed management or franchise contracts reached approximately 158,000, up 12.1% from a year earlier.
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Shareholder returns: Hyatt repurchased 867,109 shares for $147 million during the quarter. Through September 30, it had returned $336 million to shareholders through dividends and share repurchases.
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Full-year outlook: Hyatt forecast comparable system-wide hotel RevPAR growth of 5.0% to 5.5% for 2026 versus 2025, and net room growth of approximately 6%.
Hyatt also published a supplemental investor presentation. The results point to stronger hotel performance and a larger contracted room pipeline, alongside weaker RevPAR at all-inclusive resorts.