Hyatt Delivers 4% Q4 RevPAR Growth and $292M Adjusted EBITDA
Hyatt Hotels saw Q4 RevPAR rise 4.0% (full-year 2.9%) and adjusted EBITDA climb 14.6% to $292M in Q4, driven by 7.3% net rooms growth and a 7% larger pipeline now at 148,000 rooms. Adjusted EPS was $1.33 in Q4 and $2.19 for full-year 2025.
1. Comparable Performance and Fees
In Q4 2025, Hyatt’s comparable system-wide RevPAR increased 4.0% versus Q4 2024, with full-year RevPAR up 2.9%. All-inclusive resorts Net Package RevPAR rose 8.3% in Q4 and 8.6% for the full year, while gross fees grew 4.5% to $307 million in Q4 and 9.0% to $1.198 billion for 2025.
2. Profitability and Earnings
Hyatt reported a Q4 net loss of $20 million and a full-year loss of $52 million, offset by adjusted net income of $126 million in Q4 and $209 million for 2025. Adjusted EBITDA climbed 14.6% to $292 million in Q4 and 5.8% to $1.159 billion for the year, producing adjusted diluted EPS of $1.33 in Q4 and $2.19 for 2025.
3. Growth Pipeline and Rooms
Net rooms growth reached 7.3% for 2025 (6.7% excluding acquisitions), with 8,253 rooms opened in Q4—including Hyatt’s first Park Hyatt in Mexico. The pipeline of executed management and franchise contracts expanded 7% year-over-year to roughly 148,000 rooms.