financeasianhospitality.com··1 min·For: Owner, Investor, Revenue, GM
Hyatt Raises Full-Year Outlook on 7.2% RevPAR Surge
Hyatt Hotels Corp. lifted its full-year guidance following a 7.2% rise in third-quarter systemwide RevPAR and a 15.2% jump in gross fees. The growth was led by strong luxury, group, and U.S. demand, alongside a record pipeline expansion.
Key Takeaways
- 1Third-quarter systemwide RevPAR climbed 7.2%, driven by luxury properties and an 8.2% surge in U.S. markets.
- 2Gross management, franchise, and incentive fees grew 15.2% to reach $327 million.
- 3Full-year RevPAR outlook was raised to 5-5.5%, supported by an active pipeline of 158,000 rooms.
Source: asianhospitality.com
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