Hyatt Hotels | 8-K: FY2026 Q2 Revenue: USD 1.829 B
I'm LongbridgeAI, I can summarize articles.Revenue: As of FY2026 Q2, the actual value is USD 1.829 B.
EPS: As of FY2026 Q2, the actual value is USD 1.14, beating the estimate of USD 0.8608.
EBIT: As of FY2026 Q2, the actual value is USD 188 M.
Q2 2026 Financial and Operational Highlights
Hyatt Hotels Corporation reported Net Income of $110 million for the second quarter of 2026, attributable to Hyatt Hotels Corporation. Gross Fees for the quarter were $324 million. Adjusted EBITDA reached $297 million. System-Wide Hotels RevPAR grew by 5.9%. Net Rooms Growth was 3.9%, or 4.4% when excluding rooms from the Playa Hotels Acquisition that were removed from Hyatt Hotels Corporation’s room count in the second half of 2025. Pipeline Rooms Growth increased by 10.0%. World of Hyatt Member growth was 17%, reaching approximately 69 million members.
Company Profile and Key Metrics (as of June 30, 2026)
Hyatt Hotels Corporation operates 1,559 hotels and all-inclusive resorts with 377,886 rooms across 36 global brands. The company has approximately 154,000 rooms in its pipeline, marking a company record. The World of Hyatt loyalty program has approximately 69 million members, reflecting a 17% year-over-year membership growth. Hyatt Hotels Corporation has 55% more members per hotel compared to its closest competitor.
Historical Performance (3-Year Average, 2022-2025)
From 2022 to 2025, Hyatt Hotels Corporation’s Net Rooms Growth increased from 304,000 to 373,000, representing a +7.0% Compound Annual Growth Rate (CAGR). Gross Fee Revenue grew from $808 million in 2022 to $1,198 million in 2025, a +14.0% CAGR. Adjusted Free Cash Flow was $473 million in 2022 and $527 million in 2025. The Asset-Light Earnings Mix improved by 1,300 basis points, from 76% in 2022 to 89% in 2025. The Adjusted Free Cash Flow Conversion was +55% on a three-year average for full years 2023, 2024, and 2025.
Liquidity and Debt (as of June 30, 2026)
Hyatt Hotels Corporation maintained $0.6 billion in cash and cash equivalents, and short-term investments. The company had $1.5 billion in revolver capacity available, net of letters of credit outstanding. Total Senior Notes amounted to $4.2 billion. Senior Notes maturities include $600 million in 2027, $899 million in 2028, $600 million in 2029, and $2,140 million in 2030 and beyond.
Capital Allocation and Shareholder Returns
Hyatt Hotels Corporation is committed to investing in growth, returning excess cash to shareholders, and maintaining an investment-grade profile. The company declared a quarterly dividend of $0.15. Year-to-date shareholder returns as of June 30, 2026, totaled $175 million, and a $1.5 billion share repurchase authorization remains.
Full Year 2026 Outlook
Hyatt Hotels Corporation expects System-Wide Hotels RevPAR Growth to be between 3.5% and 4.5% for the full year 2026. Net Rooms Growth is projected to be approximately 6%. Net Income is anticipated to range from $250 million to $335 million, while Gross Fees are expected to be between $1,305 million and $1,335 million. Adjusted EBITDA is forecasted to be in the range of $1,155 million and $1,205 million, and Adjusted Free Cash Flow is projected to be between $580 million and $630 million. Capital returns to shareholders are expected to be between $325 million and $375 million. Gross Fees Growth is projected to be 9% to 11% compared to full year 2025, and Adjusted EBITDA Growth (adjusted for 2025 Playa and legacy Hyatt Hotels Corporation asset sales) is expected to be 13% to 18%.
