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Hyatt Hotels has reported a 5.4% increase in comparable group-wide RevPAR for the first quarter of 2026, as the company saw net rooms grow by 5% over the last 12 months.
The Chicago-based company’s pipeline of executed contracts reached approximately 151,000 rooms, spelling a 9.4% increase, over the past year.
As a result, net income attributable to the corporation reached $38m (£28m), while adjusted EBITDA rose 2.1% to $266 (£196.5m).
Gross fees also grew 8.6% to £333m during the first quarter, which was supported by a 10.9% rise in base management fees, driven by performance in international markets and newly opened hotels.
According to Hyatt, its luxury hotels led growth during the period despite geopolitical conflict in the Middle East reducing RevPAR growth by some 50 basis points.
Hyatt opened 3,966 rooms in the quarter, with new properties including Andaz Lisbon, Andaz Shanghai ITC and The Livingston in Brooklyn, the first Hyatt hotel in that borough.
For the full year 2026, the company expects RevPAR growth between 2% and 4% and net income between $255m (£188m) and $350m (£258m).
Mark Hoplamazian, chief executive of Hyatt, said: “Our strong first quarter results reflect the continued strength of our core fee business and the resilience of our differentiated portfolio of high-quality brands.
“As we look to the balance of the year and beyond, we are focused on further elevating Hyatt by strengthening the performance of our brands, our talent, and our technology to enhance how we operate and build on our competitive advantages.”
He added: “We believe this foundation, combined with our high-end customer base, robust pipeline with significant opportunities for expansion, and rapidly growing loyalty programme, position us to drive sustained growth and create long-term value for shareholders.”
