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Hyatt Raises Full-Year Outlook on Luxury Leisure Boom
financeSkift··1 min·For: Owner, Investor, Revenue, GM

Hyatt Raises Full-Year Outlook on Luxury Leisure Boom

Hyatt boosted its full-year RevPAR forecast following strong Q3 luxury leisure demand and an 8.2% climb in U.S. RevPAR.

Key Takeaways

  1. 1U.S. RevPAR climbed 8.2% in Q3, partly boosted by the FIFA World Cup.
  2. 2Adjusted EBITDA rose 19% year-over-year to $295 million.
  3. 3Hyatt raised its full-year RevPAR growth projection to 5%-5.5%.

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Source: Skift

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