Featuredfinanceasianhospitality.com··1 min·For: Owner, Investor, Revenue
Hyatt Posts 5.9% Q2 RevPAR Growth Led by Luxury
Hyatt Hotels Corp. reported a 5.9 percent increase in Q2 RevPAR, driven by strong luxury and upper-upscale performance alongside a 10 percent pipeline expansion. Despite regional headwinds in Mexico and the Middle East, the company reaffirmed its full-year outlook.
Key Takeaways
- 1Comparable systemwide RevPAR increased 5.9% in Q2, led by luxury and upper-upscale segments.
- 2Development pipeline grew 10% year-over-year to approximately 154,000 rooms.
- 3Full-year RevPAR growth outlook maintained at 3.5% to 4.5% with gross fees up 7.8%.
Source: asianhospitality.com
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