Hyatt Hotels Corporation (NYSE:H) reported fourth-quarter adjusted results that comfortably outpaced Wall Street expectations, though shares edged 0.67% lower in premarket trading.
The hotel operator delivered adjusted earnings per share of $1.33 for the quarter, well ahead of analyst forecasts of $0.37. Comparable system-wide RevPAR rose 4.0% year over year in the fourth quarter, while full-year RevPAR increased 2.9% compared to 2024.
Performance at Hyatt’s all-inclusive properties stood out, with Net Package RevPAR climbing 8.3% in the quarter and 8.6% for the full year.
Adjusted EBITDA reached $292 million in the fourth quarter, up 14.6% from the same period a year earlier. For the full year 2025, Adjusted EBITDA totaled $1,159 million, representing growth of 5.8% versus 2024.
“We ended 2025 with great momentum, marked by strong execution against our strategic priorities and continued progress toward becoming a more brand-focused organization,” said Mark S. Hoplamazian, President and Chief Executive Officer of Hyatt. “We achieved exceptional commercial and operating performance in 2025.”
Hyatt expanded its global footprint, reporting net rooms growth of 7.3% in 2025, or 6.7% on an organic basis excluding acquisitions. Its development pipeline reached roughly 148,000 rooms under executed management and franchise contracts, up 7% year over year.
For 2026, the company projects system-wide RevPAR growth of 1.0% to 3.0% and net rooms expansion of 6.0% to 7.0%. Adjusted EBITDA is expected to range between $1,155 million and $1,205 million, implying growth of 13% to 18% compared with 2025.