Dive Brief:
- Hyatt Hotels’ systemwide RevPAR increased slightly in the third quarter of 2025, up 0.3% year over year, according to a Thursday earnings report. On the results, the company held its full-year RevRAR growth outlook stable, expecting growth in the range of 2% to 2.5%.
- Luxury chain scales drove systemwide RevPAR gains for Hyatt in the quarter, with leisure transient RevPAR being the strongest area of growth, according to the report. In the U.S., specifically, though, RevPAR declined 1.6% year over year in Q3, CFO Joan Bottarini said during a Thursday earnings call.
- Bottarini, along with CEO Mark Hoplamazian, said on the call that continued momentum from the luxury segment is expected. The executives said they are also encouraged by growth on the development, loyalty and technology fronts.
Dive Insight:
Hyatt’s “high-end customer base, robust pipeline with significant white space for growth, and rapidly expanding loyalty program” position the company to drive sustained growth, Hoplamazian said in the report.
On the call, Bottarini said, “sustained demand for luxury all-inclusive travel gives us confidence as we look ahead to 2026.”
In the fourth quarter, Hyatt anticipates its luxury portfolio and international markets to perform well, “supported by strong demand trends and high-end consumer resilience,” Bottarini added.
Amid a growing wealth bifurcation in the hotel industry, luxury travelers are thriving, experts shared at this year’s Lodging Conference.
On strong pipeline and portfolio gains in the third quarter, Hyatt now expects its system size to grow between 6.3% to 7% for full-year 2025, up from its previous forecast of 6% to 7%.
“Organic growth is extremely strong,” Hoplamazian said on the call. “We have real momentum in signings as we head into the fourth quarter.”
Hyatt opened 5,163 rooms in Q3, including its first Hyatt Regency hotel in Manhattan.
Also in the quarter, the World of Hyatt Loyalty program surpassed 61 million members, representing 20% year-over-year growth, according to Hoplamazian. On Wednesday, Hyatt expanded its loyalty partnership with Chase Bank.
Meanwhile, on the technology front, Hyatt is leaning into agentic development. Hoplamazian said on the call that the company has “built several agentic platforms already, internally.” Some of the platforms, Hoplamazian said, have been solely focused on driving top-line revenue, while others have been focused on cost efficiency, but all aim to drive performance.
Marriott International and Wyndham Hotels & Resorts are also expanding in the agentic development space.
