Hyatt Hotels Reports Strong First-Quarter Results and Raises Full-Year Outlook
Hyatt Hotels reported first-quarter results that exceeded expectations, with system-wide RevPAR rising by 5.4%, driven primarily by luxury brands and premium leisure demand in the U.S., where RevPAR increased by 3.3%. The company raised its full-year guidance for system-wide RevPAR to a range of 2–4% while also increasing outlooks for fees, adjusted EBITDA, and free cash flow.