Hyatt Q3 2026 RevPAR up 7.2%, raises full-year outlook
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From October 29 to 30, 2026, Hyatt Hotels Corporation announced its third-quarter 2026 results. Systemwide revenue per available room (RevPAR) increased 7.2% year over year to US$154.80, and the U.S. market grew 8.2% year over year, exceeding expectations; average daily rate rose across all brand categories, contributing nearly 80% of the quarter's RevPAR growth. Business transient RevPAR increased 1% year over year, with September growth exceeding 4%; group RevPAR increased 8% year over year, and corporate negotiated revenue increased 4.8% year over year. Subsequent reports said that of the 8.2% U.S. market growth, about 50 basis points came from the FIFA World Cup, and adjusted EBITDA grew 19% to US$295 million. The company raised its full-year RevPAR growth outlook to 5% to 5.5%; earlier reports did not mention the prior outlook range, and subsequent reports said the range was raised from 3.5% to 4.5% given in July and was above the Wall Street analyst average expectation of 4.7%. CEO Mark Hoplamazian said luxury leisure business remains the main growth driver, but all-inclusive resorts are lagging, and said corporate group business is expected to grow about 7% year over year in 2026, with corporate group bookings for 2027 up nearly 10% year over year on the books. As of the end of the quarter, the development pipeline was about 158,000 rooms, a record high, and signings during the year increased 70% year over year.
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- Skift FeedHyatt Raises Full-Year Outlook, but All-Inclusive Resort Business Lags
Hyatt's U.S. RevPAR grew 8.2% in the third quarter, of which about 50 basis points came from the FIFA World Cup, and adjusted EBITDA rose 19% to $295 million. The company raised its full-year 2026 RevPAR growth forecast to 5% to 5.5% from the 3.5% to 4.5% given in July, above the Wall Street analyst average estimate of 4.7%. CEO Mark Hoplamazian said the luxury leisure business remains the main growth driver, but all-inclusive resorts are underperforming.
- Hotel Dive FeedHyatt Q3 2026 RevPAR up 7.2% year over year, full-year outlook raised
Hyatt's systemwide RevPAR rose 7.2% year over year in Q3 2026, with the U.S. market up 8.2% year over year, exceeding expectations. Average daily rate rose across all brand categories, contributing nearly 80% of this quarter's RevPAR growth, and the company accordingly raised its full-year RevPAR growth forecast to 5% to 5.5%. As of the end of the quarter, the development pipeline stood at about 158,000 rooms, a record high, with year-to-date signings up 70% year over year.
- Business Travel NewsHyatt's Q3 business transient and group business strengthen
Hyatt Hotels Corporation's system-wide business transient revenue per available room grew 1% year over year in the third quarter, with September's year-over-year increase exceeding 4%. Third-quarter group revenue per available room grew 8% year over year, corporate negotiated revenue grew 4.8% year over year, and system-wide revenue per available room rose 7.2% to US$154.80. Hyatt CEO Mark Hoplamazian said corporate group business is expected to grow about 7% year over year in 2026, and corporate group booking pace for 2027 is up nearly 10% year over year.
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