Hyatt Hotels' systemwide fourth-quarter business transient revenue per available room fell 1 per cent year over year, weighed down by low demand at select-service properties, the company reported on Thursday (12 February).
Group RevPAR increased 3 per cent year over year, bolstered by group growth in “the mid-single-digits” at full-service hotels, according to CEO Mark Hoplamazian.
Looking to 2026, CFO Joan Bottarini said Hyatt continues to hear “positive feedback” about intent to travel from group and corporate customers. Group booking pace for full-service hotels in the US in 2026 is up mid-single-digits from the prior year.
Hyatt projects first-quarter systemwide RevPAR growth of about 2 per cent year over year, and full-year RevPAR growth of 1 per cent to 3 per cent.
Hyatt Q4 and full-year 2025 metrics
Systemwide fourth-quarter RevPAR growth increased 4 per cent year over year to $146.01, led by a 3.4 per cent increase in average daily rate to $210.47. Occupancy hit 69.4 per cent, a 0.5 percentage-point bump from the prior year.
Full-year systemwide RevPAR increased 2.9 per cent year over year to $144.63. ADR rose 1.6 per cent to $204.88, and occupancy reached 70.6 per cent, up 0.9 percentage points year over year.
In Europe, however, RevPAR for the year increased 4.7 per cent to $189.81 and ADR rose 1.9 per cent to $269.52, while occupancy reached 70.4 per cent, up 1.8 percentage points from 2024.
Hyatt’s total fourth-quarter revenue increased 11 per cent year over year to $1.8 billion. Full-year total revenue grew to $7.1 billion, up 6 per cent from 2024. The company’s fourth-quarter loss was $20 million, compared to a $56 million loss in the prior year. Hyatt’s full-year net loss was $52 million, compared with a net income of $1.3 billion in 2024.
The company’s full-year net rooms growth was 7.3 per cent. As of 31 December its pipeline of executed management and franchise contracts was approximately 148,000 rooms, up 7 per cent compared to 2024.
The World of Hyatt loyalty programme ended 2025 with more than 63 million members, a 19 per cent year-over-year increase. Loyalty members accounted for nearly half of Hyatt’s total occupied hotel rooms globally in 2025.