Hyatt Reports Strong Q2 Performance with RevPAR Growth, Raised Guidance
Hyatt Hotels Corporation delivered strong second-quarter results in fiscal year 2026, exceeding internal expectations across key metrics. System-wide RevPAR grew by 5.9%, driven primarily by high-end travelers and international demand. The United States saw a robust increase of 6.7% in RevPAR due to leisure travel and the FIFA World Cup's impact on host cities. Gross fees rose 8% year-over-year, reaching $324 million, supported by new hotel openings and strong performance from managed properties. The company raised its full-year guidance for RevPAR growth to a range of 3.5%-4.5%, up from the previous estimate of 2.0%-4.0%. Adjusted EBITDA is now projected between $1.155 billion and $1.205 billion, representing significant year-over-year gains. Hyatt also increased its gross fees guidance to a range of $1.305 billion-$1.335 billion for the full year. Despite strong overall performance, challenges remain in certain regions such as the Middle East where RevPAR dropped 36% due to regional conflict and Mexico's all-inclusive resorts faced booking issues following a security incident.
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Topics: Development Pipeline FIFA World Cup impact Gross Fees Membership growth RevPAR