Hotel group Hyatt has presented its financial results for the third quarter of 2026. Globally, the group recorded a 7.2 per cent increase in comparable system-wide revenue per available room (RevPAR) compared to the prior-year period. The luxury segment achieved the strongest growth, underpinned by sustained robust travel demand.
Earnings strength in Europe and stabilisation in the Middle East
Europe maintained its position as the company's highest-earning region during the reporting period. With an average daily rate (ADR) of 308.21 US dollars, the European market achieved the highest figure across the entire global portfolio. At the same time, regional RevPAR rose by 4.3 per cent. This result was driven by stable domestic demand alongside continuous growth in international travel to Europe.
A clear turnaround emerged in the Middle East. While RevPAR had dropped by 36 per cent in the second quarter, the year-on-year decline in the third quarter was limited to just 3 per cent. Strong domestic travel demand largely offset the noticeable decline in international guest arrivals.
Growth drivers and portfolio expansion
Alongside the operational earnings increase, Hyatt continued to expand its global project pipeline. Contracted development projects reached a new record level of around 158,000 rooms, representing a 12 per cent increase year-on-year. In addition, the World of Hyatt loyalty programme supported commercial performance, with its membership base expanding by 19 per cent year-on-year to more than 72 million registered members.
- —RevPAR growth: System-wide increase of 7.2 per cent across the group
- —Top figures in Europe: Highest daily rate of all regions at 308.21 US dollars and RevPAR growth of 4.3 per cent
- —Pipeline record: Global project pipeline climbs by 12 per cent to around 158,000 rooms
- —Fee revenue: 15 per cent increase in gross fees for the quarter
As part of its international expansion, the group recently opened Thompson Seville as well as Beldersoy Resort and Spa in Uzbekistan, the country's first premium mountain resort. Both properties fit into the global growth strategy through which Hyatt is strengthening its presence in key tourist destinations and niche markets.
Mark S. Hoplamazian, Chairman, President and Chief Executive Officer of Hyatt, stated that the 15 per cent increase in gross fees demonstrated the strength of the differentiated brands, the expanded distribution platform and the asset-light business model. The momentum across all areas, the record pipeline and the growing membership base reflected the strong appeal to guests, hotel owners and developers. These competitive advantages ensured profitable growth, reliable fee streams, rising free cash flow and long-term shareholder value.
