Hyatt reports Q1 adjusted EPS 46, consensus 36

Comparable system-wide hotels RevPAR increased 5.7%, compared to the first quarter of 2024. Mark Hoplamazian, President and Chief Executive Officer of Hyatt (H), said, “In the face of growing volatility in the economy and financial markets, we continue to deliver strong performance, highlighted by our first quarter results. As we look ahead, recent shifts in booking behavior-particularly in shorter-term demand-have led us to modestly revise our outlook for the remainder of the year. That said, we remain confident in the resilience of our asset-light business model, the strength of our brand portfolio, and our ability to adapt to evolving market conditions. We are excited about the momentum in our pipeline and the continued strong demand we’re seeing for our brands around the world.”