Hyatt Hotels Corp.'s systemwide fourth-quarter business transient revenue per available room fell 1 percent year over year, weighed down by low demand at select-service properties, the company reported Thursday.
Group RevPAR increased 3 percent year over year, bolstered by group growth in “the mid-single-digits” at full-service hotels, according to CEO Mark Hoplamazian.
Looking to 2026, CFO Joan Bottarini said Hyatt continues to hear “positive feedback” about intent to travel from group and corporate customers. Group booking pace for full-service hotels in the U.S. in 2026 is up mid-single-digits from the prior year.
Hyatt projects first-quarter systemwide RevPAR growth of about 2 percent year over year, and full-year RevPAR growth of 1 percent to 3 percent.
Hyatt Q4 and Full-Year 2025 Metrics
Systemwide fourth-quarter RevPAR growth increased 4 percent year over year to $146.01, led by a 3.4 percent increase in average daily rate to $210.47. Occupancy hit 69.4 percent, a 0.5 percentage-point bump from the prior year.
Full-year systemwide RevPAR increased 2.9 percent year over year to $144.63. ADR rose 1.6 percent to $204.88, and occupancy reached 70.6 percent, up 0.9 percentage points year over year.
Hyatt’s total fourth-quarter revenue increased 11 percent year over year to $1.8 billion. Full-year total revenue grew to $7.1 billion, up 6 percent from 2024. The company’s fourth-quarter loss was $20 million, compared to a $56 million loss in the prior year. Hyatt’s full-year net loss was $52 million, compared with a net income of $1.3 billion in 2024.
The company’s full-year net rooms growth was 7.3 percent. As of Dec. 31, its pipeline of executed management and franchise contracts was approximately 148,000 rooms, up 7 percent compared to 2024.
The World of Hyatt loyalty program ended 2025 with more than 63 million members, a 19 percent year-over-year increase. Loyalty members accounted for nearly half of Hyatt’s total occupied hotel rooms globally in 2025.
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