Hyatt Posts Q2 RevPAR Growth Amid Net Loss, Expands Luxury Portfolio

Hyatt Hotels Corp. reported mixed second-quarter 2025 results, driven primarily by growth in its luxury segment while select-service hotels in the U.S. experienced a decline in revenue per available room (RevPAR). The company completed a $2.6 billion acquisition of Playa Hotels & Resorts and concurrently agreed to sell Playa’s real estate portfolio for $2 billion, reinforcing its asset-light business model and leadership in luxury all-inclusive resorts. Despite a net loss of $3 million for the quarter, comparable system-wide RevPAR increased by 1.6%, with full-service properties seeing modest business transient travel growth. Hyatt projects full-year 2025 net income between $135 million and $165 million and anticipates comparable system-wide RevPAR growth between 1% and 3%. The company also launched its Unscripted by Hyatt brand to expand its market presence and expects rapid scaling through conversions. Overall, Hyatt is optimistic about improving performance in the latter half of 2025 and into 2026, supported by strong pipeline growth and increased management and franchise fee revenues.