Hyatt Hotels Corporation Reports 8.2% RevPAR Increase in US Portfolio
1 report, 1 independent
Updated Sat 00:00
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What happened
Hyatt Hotels Corporation reported that room revenue per available room climbed 8.2% year over year across its US portfolio in the third quarter. This growth was attributed to rate increases and continued strength in leisure and group travel. The company subsequently raised its full-year RevPAR guidance for 2026 to between 5% and 5.5%.
From travelerstoday.com
Why it matters
The strong third-quarter results, which included 15% growth in Gross Fees, reinforce the strength of Hyatt Hotels Corporation's brands and asset-light business model. Operational commentary noted that leisure transient and group revenue per available room showed strong growth.
From travelerstoday.com
Who's involved
- Hyatt Hotels CorporationAmerican multinational hospitality company reporting Q3 financial results