Hyatt Hotels Corporation beat Wall Street estimates with a strong opening quarter to kick off 2026.
The hotel giant published its Q1 results on Thursday, reporting that comparable system-wide hotels RevPAR (revenue per available room) increased 5.4 percent, compared to the first quarter of 2025, led by its luxury chain scale.
Meanwhile, comparable system-wide all-inclusive resorts Net Package RevPAR increased 7.4 percent, compared to the first quarter of 2025.
Like rival Hilton, Hyatt raised its full-year outlook as a result, with comparable system-wide hotels RevPAR growth projected to be between 2.0 percent and 4.0 percent, compared to the full year 2025.
Other Q1 highlights included net rooms growth of 5 percent for the trailing 12 months, diluted EPS (earnings per share) of $0.40 and adjusted diluted EPS of $0.63, net income attributable to Hyatt of $38 million and adjusted net income of $61 million.
Hyatt also reported that gross fees were $333 million, an increase of 8.6 percent, compared to the first quarter of 2025.
A King Sea View room inside the upcoming Andaz Doha. (Photo Credit: Hyatt Hotels)
"Our strong first quarter results reflect the continued strength of our core fee business and the resilience of our differentiated portfolio of high-quality brands," Hyatt Chairman, President and CEO Mark S. Hoplamazian said in a statement.
"As we look to the balance of the year and beyond, we are focused on further elevating Hyatt by strengthening the performance of our brands, our talent, and our technology to enhance how we operate and build on our competitive advantages," he added.
"We believe this foundation, combined with our high-end customer base, robust pipeline with significant opportunities for expansion, and rapidly growing loyalty program, position us to drive sustained growth and create long-term value for shareholders."
Hyatt opened nearly 4,000 hotel rooms during the first quarter of 2026, including new properties such as Andaz Lisbon and The Livingston in Brooklyn, New York, among others.
The company's pipeline of executed management or franchise contracts grew 9.4 percent for the period, compared to the first quarter of 2025, reaching a new record of 151,000 rooms.
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