Hyatt Hotels (H) is up about 5% in Thursday, April 30, 2026 trading after reporting first-quarter 2026 earnings that beat consensus expectations on adjusted EPS and updating its full-year 2026 outlook higher. The move follows a report that showed resilient demand trends, with comparable system-wide RevPAR up mid-single digits year over year and management pointing to continued fee-based earnings strength.

For the quarter ended March 31, 2026, Hyatt posted GAAP diluted EPS of about $0.40 and adjusted diluted EPS of about $0.63, ahead of expectations cited around the release. Operationally, Hyatt reported comparable system-wide RevPAR growth of 5.4% year over year and all-inclusive Net Package RevPAR growth of 7.4%, alongside net rooms growth of about 5.0%. The development pipeline reached a record of roughly 151,000 rooms, reinforcing the market’s focus on longer-term growth and the company’s asset-light strategy.

Hyatt’s guidance update was a central catalyst for the share move, as investors treated the raised 2026 outlook as a signal that demand strength is outweighing pockets of regional softness. The company also highlighted ongoing shareholder returns, including about $135 million of share repurchases during the quarter, and ended the quarter with debt around $4.3 billion and liquidity around $2.2 billion. Hyatt also noted a change in its Adjusted EBITDA definition that excludes certain unconsolidated ventures, which investors will factor into year-over-year comparisons.