Hyatt Hotels reports Q2 earnings and lowers full‑year room growth forecast
Hyatt Hotels Corporation posted an adjusted net profit of $108 million (about €92.4 million) for the second quarter of 2026. Revenue per available room (RevPAR) across its global portfolio rose 5.9%, driven by strength in luxury and upper‑upscale brands. However, geopolitical tensions in the Middle East shaved roughly 110 basis points from Q2 room‑revenue growth, and unrest in Mexico after a cartel boss killing dampened demand for all‑inclusive resorts.
The company trimmed its outlook for net rooms growth for the full year to about 6%, down from a prior 6‑7% range, and now expects annual adjusted EBITDA of roughly $1.1 billion and net profit between $250 million and $335 million. Shares fell about 9% after the forecast revision. Hyatt added 3,585 rooms during the quarter, opening its first Miraval The Red Sea property outside the United States and signing a development agreement with Dossen Group for the Hyatt Select brand in mainland China. Total debt stood at $4.3 billion with $2.1 billion of liquidity, and the board approved a quarterly dividend of $0.15 per share.
Entities: Dossen Group · Hyatt Hotels Corporation · Joan Bottarini · Mark Hoplamazian · Miraval The Red Sea