In the second quarter of 2026, Hyatt published its business results, enabling a detailed analysis of global hotel performance. Of particular note is the development in Europe, where RevPAR growth of 4.5% was achieved. This figure represents the highest regional RevPAR within the company for the reporting year and was significantly driven by robust domestic leisure demand.
International demand, however, showed a decline, which is attributable to geopolitical uncertainties. Nevertheless, demand in the premium segment remained strong across all business areas. This led to a global comparable system-wide RevPAR growth of 5.9%. Hotels in the luxury and upper upscale segments proved to be above-average performers, supported by continuously solid demand in both leisure tourism and group and business travel.
Strategic Expansion and Development Pipeline
Hyatt strengthened its presence in strategic markets through new hotel projects. A prominent example is the opening of Miraval The Red Sea. This marks the first Miraval hotel outside the United States and the beginning of a planned expansion with several properties in Saudi Arabia in the coming years. This opening underscores Hyatt's endeavour to diversify its portfolio globally and unlock new growth opportunities.
At the end of the quarter, the company's development pipeline showed a record number of 154,000 rooms. This corresponds to an increase of 10% compared to the same period last year and demonstrates the continuous confidence of owners and developers in the brand and its growth strategy. The expansion of the pipeline is an indicator of the company's future expansion and market positioning in a dynamic global environment.
Regional Challenges and Global Outlook
Despite robust performance in Europe, Hyatt pointed to the impact of the ongoing conflict in the Middle East. This situation continues to affect regional business development and is expected to lead to a full-year fee reduction of approximately USD 10 million. Excluding the Middle East, however, international RevPAR growth remained stable. Globally, Hyatt reported gross fees of USD 324 million, an increase of 8%.
- —Europe RevPAR growth: 4.5%
- —Worldwide RevPAR growth: 5.9%
- —Development pipeline: 154,000 rooms
- —Full-year system-wide RevPAR growth forecast: 3.5% to 4.5%
Hyatt reaffirmed its confidence in its long-term growth strategy and adjusted its forecast for system-wide RevPAR growth for the entire financial year to 3.5% to 4.5%. This adjustment reflects the positive developments in key markets and the company's strategic focus on expansion and segment strengthening.
