Hyatt Posts $1.79B Q4 Revenue, EPS $1.33, EBITDA Up 14.6%
Hyatt Hotels reported Q4 revenue of $1.79 billion, slightly below the $1.80 billion consensus, while adjusted EPS of $1.33 beat estimates by nearly 300%. Adjusted EBITDA rose 14.6% to $292 million, driven by 4.0% systemwide RevPAR growth and an 8.3% increase at all-inclusive resorts, as the company declared a $0.15 dividend.
1. Q4 Financial Performance
Hyatt reported fourth-quarter revenue of $1.79 billion versus a $1.80 billion consensus and delivered adjusted EPS of $1.33, significantly above the $0.45 Street estimate. Adjusted EBITDA climbed 14.6% year-over-year to $292 million, reflecting stronger high-margin fee revenues and operational efficiencies.
2. RevPAR and Growth Metrics
Comparable systemwide hotel RevPAR increased 4.0% year-over-year, while all-inclusive resorts Net Package RevPAR rose 8.3%. The company opened 8,253 net rooms in Q4 and has a pipeline of 148,000 executed management or franchise contracts, up 7% year-over-year.
3. Balance Sheet and Dividend
As of December 31, Hyatt held $813 million in cash and equivalents against $4.3 billion in total debt. The board declared a $0.15 per share cash dividend payable March 12 to shareholders of record on March 2.
4. 2026 Outlook
Hyatt expects comparable systemwide hotel RevPAR growth of 1.0%–3.0% and net rooms growth of 6.0%–7.0% in 2026. The company is guiding adjusted EBITDA of $1.155 billion to $1.205 billion and approximately $135 million in capital expenditures.