Hyatt Hotels Reports $1.808 Billion Revenue with Net Loss of $4 Million for Quarter Ending June 30, 2025

Hyatt Hotels Corporation reported a total revenue of $1.808 billion for the quarter ending June 30, 2025, marking a 6.2% increase from $1.703 billion in the same period last year. The growth was primarily driven by a $26 million rise in gross fee revenues and a $103 million increase in revenues for reimbursed costs, attributed to improved operating performance and portfolio expansion. However, the company experienced a net loss of $4 million, a significant decline from a net income of $359 million in the prior year, largely due to decreased gains on real estate sales and increased transaction costs related to the recent acquisition of Playa Hotels.

In terms of operational metrics, the company reported a comparable system-wide Revenue per Available Room (RevPAR) of $151, reflecting a 1.6% increase in constant currency compared to the previous year. The all-inclusive resorts segment saw a more pronounced growth, with a Net Package RevPAR of $210, an 8.6% increase. The overall occupancy rate for comparable hotels was stable, with leisure transient travel showing strong performance, particularly outside the United States.

Hyatt's strategic developments included the completion of the Playa Hotels acquisition, which added 15 all-inclusive resorts to its portfolio. The acquisition was financed through a $1.7 billion delayed draw term loan facility and the issuance of senior notes totaling $1 billion. Following the acquisition, Hyatt entered into a definitive agreement to sell the Playa Hotels Portfolio for $2 billion, expected to close by the end of 2025. This transaction is part of Hyatt's strategy to streamline its operations and focus on management agreements.

The company’s total assets increased to $15.907 billion as of June 30, 2025, up from $13.324 billion at the end of 2024, driven by the acquisition and other investments. However, total liabilities also rose to $12.020 billion, reflecting increased debt levels associated with the acquisition financing. The company reported a total debt of $6.034 billion, with a debt-to-total capital ratio of 62.9%. Hyatt's cash and cash equivalents stood at $846 million, down from $1.011 billion at the end of 2024, indicating a tighter liquidity position.

Looking ahead, Hyatt anticipates continued growth driven by strong leisure demand and the integration of Playa Hotels into its operations. The company expects to leverage its expanded portfolio to enhance revenue streams while managing costs effectively. However, it remains cautious about potential market volatility and economic uncertainties that could impact travel demand and operational performance.