Hyatt Hotels forecasts 2026 net income of $240 mln to $310 mln

Hyatt Hotels

29/10/2026 11:07

Overview
US hotel operator's Q3 comparable system-wide RevPAR rose 7.2% yr/yr
Adjusted EPS for Q3 beat analyst expectations
Adjusted EBITDA for Q3 beat analyst expectations

Outlook
Hyatt projects 2026 system-wide hotels RevPAR growth of 5.0% to 5.5%
Company expects net rooms growth of about 6% for 2026
Hyatt forecasts 2026 net income of $240 mln to $310 mln

Result Drivers
LUXURY AND LEISURE DEMAND - Co said luxury segment, leisure transient, and group travel drove RevPAR growth, with U.S. RevPAR boosted by consumer strength and event timing
FEE GROWTH - Co attributed fee growth to managed hotel RevPAR, new management agreements from Playa Hotels Acquisition, and new hotel openings
LOWER MEXICO DEMAND - Co said decline in Net Package RevPAR was mainly due to reduced travel demand to certain destinations in Mexico

Company press release: ID:nBw84PXWya

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Adjusted EPS
Beat
$1.27
$0.77 (22 Analysts)
Q3 EPS
 
$0.60
 
Q3 Adjusted Net Income
 
$122 mln
 
Q3 Net Income
 
$58 mln
 
Q3 Adjusted EBITDA
Beat
$295 mln
$285.20 mln (18 Analysts)

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 16 "strong buy" or "buy", 10 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the hotels, motels & cruise lines peer group is "buy"
Wall Street's median 12-month price target for Hyatt Hotels Corp is $197.50, about 13.9% above its October 28 closing price of $173.35
The stock recently traded at 38 times the next 12-month earnings vs. a P/E of 46 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)