Hyatt Hotels Corp (H) Earnings History

Hyatt Hotels Corp - Q4 2025 Earnings

Filed at: Feb 12, 2026, 6:58 AM EST|Read from source

EXECUTIVE SUMMARY

Hyatt Hotels Corporation ended 2025 with strong momentum, driven by exceptional commercial and operating performance, portfolio expansion through disciplined transactions, and robust organic growth. The company is focused on accelerating this momentum by advancing brand evolution, talent development, and technology adoption to become the most responsive, innovative, and best-performing hospitality company.

POSITIVE HIGHLIGHTS

  • •

    Comparable system-wide hotels RevPAR growth was 4.0% in the fourth quarter and 2.9% for the full year of 2025.

    positive
  • •

    Comparable system-wide all-inclusive resorts Net Package RevPAR growth was 8.3% in the fourth quarter and 8.6% for the full year of 2025.

    positive
  • •

    Net rooms growth was 7.3% for the full year of 2025 and net rooms growth excluding acquisitions was 6.7%.

    positive
  • •

    Pipeline of executed management and franchise contracts was approximately 148,000 rooms, up 7% compared to 2024.

    positive
  • •

    Gross fees increased 4.5% in the fourth quarter to $307 million and 9.0% for the full year to $1,198 million.

    positive
  • •

    Adjusted EBITDA increased 14.6% in the fourth quarter to $292 million and 5.8% for the full year to $1,159 million.

    positive
  • •

    The Company's board of directors declared a cash dividend of $0.15 per share for the first quarter of 2026.

    positive

CONCERNS & RISKS

  • •

    Net income (loss) attributable to Hyatt Hotels Corporation was $(20) million in the fourth quarter and $(52) million for the full year of 2025, a significant decline from $1,296 million in the prior year.

    negative
  • •

    Diluted EPS was $(0.21) in the fourth quarter and $(0.55) for the full year of 2025, compared to $12.65 in the prior year.

    negative
  • •

    Owned and leased segment Adjusted EBITDA declined 1.5% in the fourth quarter compared to the fourth quarter of 2024 after adjusting for assets sold and period of ownership.

    attention
  • •

    Distribution segment Adjusted EBITDA declined in the fourth quarter due to the impact of Hurricane Melissa and lower booking volumes.

    attention
  • •

    The Company closed on the sale of the Alua Portfolio for approximately $140 million and entered into long-term management agreements.

    attention

FINANCIAL METRICS

Revenue
Quarterly
$-17.00M
N/A
Net Income
Quarterly
$-20.00
-64.3%
Prior year: $-56.00
Annual (YTD)
$-52.00
N/A
Prior year: $1.30K
EPS (Diluted)
Quarterly
$-0.21
-63.8%
Prior year: $-0.58
Operating Income
Quarterly
N/A
N/A
EPS (Basic)
Quarterly
$-0.21
-63.8%
Prior year: $-0.58

MARGIN ANALYSIS

Net Margin
Current Quarter
-1.1%
Prior Year
-3.5%
YoY Change
+238 bps

Margin expansion indicates improving profitability and operational efficiency. Measured in basis points (bps): 100 bps = 1.0%.

REVENUE BY SEGMENT — Q4 2025 2025

VISUAL OVERVIEW

|
Management and franchising
0.0%
N/A
Owned and leased
0.0%
N/A
Distribution
0.0%
N/A

DETAILED BREAKDOWN

|
SegmentCurrentPrior YrYoY% Total
Management and franchising
N/A———
Owned and leased
N/A———
Distribution
N/A———
Total Revenue$0.00M——100.0%

Segment performance shows business unit health and growth drivers.

MANAGEMENT GUIDANCE

FY2026

System-Wide Hotels RevPAR Growth
1—3
Mid-point: 2
Net Rooms Growth
6—7
Mid-point: 6.5
Net income (loss) attributable to Hyatt Hotels Corporation
235—320
Mid-point: 277.5
Gross Fees
1,295—1,335
Mid-point: 1,315
Adjusted G&A Expenses
440—450
Mid-point: 445
Adjusted EBITDA
1,155—1,205
Mid-point: 1,180
Adjusted Free Cash Flow
580—630
Mid-point: 605

Forward-looking guidance is subject to change and does not constitute a guarantee. Actual results may differ materially from these estimates.

MANAGEMENT COMMENTARY

We ended 2025 with great momentum, marked by strong execution against our strategic priorities and continued progress toward becoming a more brand-focused organization.

— Hyatt Hotels Corp, Q4 2025 2025 Earnings Call

We achieved exceptional commercial and operating performance in 2025 and expanded our portfolio and network effect through disciplined transactions and strong organic growth.

— Hyatt Hotels Corp, Q4 2025 2025 Earnings Call

As we look to the future, we are focused on accelerating this momentum by further advancing the evolution of our brands, our talent, and our use of technology.

— Hyatt Hotels Corp, Q4 2025 2025 Earnings Call

Commentary excerpts from earnings call transcripts provide management's perspective on performance, strategy, and outlook. Always review full transcripts for complete context.

OPERATIONAL METRICS

Net rooms growth
7.3
%
Pipeline of executed management and franchise contracts
148.0K
+7.0% YoY
rooms
System-wide all-inclusive resorts Net Package RevPAR growth
8.3
%
System-wide hotels RevPAR growth
4
%

Operational metrics provide insight into business drivers and customer engagement beyond traditional financial measures.