Analyst Richard Clarke of Bernstein maintained a Buy rating on Hyatt Hotels, retaining the price target of $177.00.
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Richard Clarke has given his Buy rating due to a combination of factors that highlight Hyatt Hotels’ strong financial performance and growth prospects. Despite concerns about potential disruptions from a major hurricane and a slowdown in US RevPAR, Hyatt reported a robust third-quarter performance, with demand remaining strong and a minimal impact from the hurricane on their fiscal year guidance. This resilience, combined with a beat in third-quarter earnings and a favorable outlook for future EBITDA, underscores the company’s solid position.
Furthermore, Hyatt’s strategic initiatives, such as a new credit card partnership with Chase and a cost-saving program, are expected to enhance margins and cash conversion rates. The anticipated sale of six properties in early 2026 is also projected to boost capital returns. With luxury and leisure travel demand continuing to grow and the company’s asset-light model gaining traction, Hyatt is positioned as a high-end, fast-growing hotel group, trading at an attractive valuation. These factors collectively support the Buy rating, suggesting potential upside for investors.
H’s price has also changed moderately for the past six months – from $123.850 to $155.340, which is a 25.43% increase.