Hyatt Hotels reported first‑quarter 2026 results driven by RevPAR growth, fee expansion and continued momentum in development.
For the quarter ended March 31, Hyatt reported net income attributable to the company of $38 million, while adjusted net income reached $61 million. Adjusted EBITDA totaled $266 million, reflecting year-over-year growth despite geopolitical and regional demand headwinds in certain international markets.
“Our strong first quarter results reflect the continued strength of our core fee business and the resilience of our differentiated portfolio of high-quality brands,” Chairman, President and CEO Mark Hoplamazian said in a statement. “As we look to the balance of the year and beyond, we are focused on further elevating Hyatt by strengthening the performance of our brands, our talent and our technology to enhance how we operate and build on our competitive advantages.”
Development Pipeline
Hyatt continued to expand its global footprint, reporting net rooms growth of 5.0 percent over the trailing 12 months. During the quarter, the company opened 3,966 rooms, including the Andaz Lisbon, Andaz Shanghai ITC, and The Livingston in Brooklyn, Hyatt’s first branded hotel in the borough.
The company’s pipeline grew to approximately 151,000 rooms, up 9.4 percent year over year, marking a new record. Management said the pipeline reflects strong owner demand across Hyatt’s luxury, lifestyle and essentials brands.
RevPAR and Fee Growth
Hyatt’s comparable systemwide hotel RevPAR increased 5.4 percent year over year, supported by strength in leisure travel and continued performance in the luxury segment, which led chain-scale growth during the quarter. Leisure transient demand remained the strongest contributor, while group and business transient segments posted low single-digit gains.
The company’s comparable all‑inclusive resorts net package RevPAR climbed 7.4 percent, reflecting ongoing demand for high-end inclusive travel, even as security concerns in select destinations weighed on travel patterns.
Gross fees rose 8.6 percent to $333 million, driven by growth across management, incentive and franchise fees. Base management fees increased nearly 11 percent, supported by managed hotel RevPAR gains, resort performance in the U.S. and contributions from newly opened hotels. Incentive management fees grew almost 14 percent, fueled by openings, acquisitions and strong performance in Asia Pacific.