10-K · February 13, 2026
Hyatt's 2025 10-K highlights a larger global footprint following the June 17, 2025 acquisition of Playa Hotels, with a year-end portfolio of 1,528 hotels and all‑inclusive resorts (372,763 rooms) and consolidated 2025…
Earnings analysis · 10-Q
H earnings analysis
Filed April 30, 2026 · Our reading of the company's report
The latest report
Hyatt Hotels Corporation's Q1 2026 results revealed revenues of $1.54 billion, which was a 1.8% increase compared to Q1 2025, though it fell short of estimates by 7.8%. EPS for the quarter was $0.40, below the consensus…
Read full summary
Hyatt Hotels Corporation's Q1 2026 results revealed revenues of $1.54 billion, which was a 1.8% increase compared to Q1 2025, though it fell short of estimates by 7.8%. EPS for the quarter was $0.40, below the consensus estimate of $0.57, despite a notable increase in net income to $38 million, up from $20 million in the previous year. The company has adjusted its full-year guidance positively, forecasting net income between $255 million and $350 million, and an Adjusted EBITDA of $1.155 billion to $1.205 billion.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $0.4
What stood out
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Revenue Increase YoY
Total revenues increased by $30 million, or 1.8%, to $1.54 billion compared to $1.51 billion in Q1 2025.
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Net Income Up
Net income attributable to Hyatt Hotels Corporation rose to $38 million, up from $20 million a year ago.
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Adjusted EBITDA Growth
Adjusted EBITDA for Q1 2026 was reported at $266 million, up $5 million from the prior year's $261 million.
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RevPAR Improvement
Comparable system-wide hotels' RevPAR increased by 5.4% YoY to $143.04, supported by strong leisure transient travel.
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Franchise Fee Growth
Franchise and other fees grew by 3.1% to $120 million compared to $117 million in Q1 2025.
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Strong Booking Pace
Group booking pace for April through December 2026 increased by 4.7% compared to the same period in 2025.
What to watch
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Reduced Travel Demand
A decrease in distribution revenues by $41 million due to lower booking volumes from reduced travel demand in Mexico and Jamaica.
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Geopolitical Conflicts Impact
The performance in the Middle East & Africa was negatively impacted by ongoing geopolitical conflicts, affecting demand.
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Integration Challenges
Ongoing integration issues from the Playa Hotels Acquisition could hinder operational improvement and synergies.
Management's outlook
Full year 2026 guidance projects net income of $255M to $350M and Adjusted EBITDA of $1.155B to $1.205B.
Earlier filings 4
10-Q · August 8, 2025
Hyatt's Q2 2025 results show a strong recovery with total revenues increasing to $1.81 billion, up 6.5% quarter-over-quarter and 4.1% year-over-year. However, the company reported a diluted EPS loss of $0.03,…
10-Q · May 9, 2024
Hyatt reported quarter revenues of $1,714 million (up $34 million vs. Q1 2023) and net income of $522 million versus $58 million a year ago, driven largely by $403 million of gains on sales (including a $231 million…
10-K · February 23, 2024
Hyatt presents itself as a premium, global hospitality operator focused on growing its management, franchising, and new growth platforms (including ALG) while reducing its real estate footprint. For the year ended…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.