Hyatt Hotels has released its second quarter 2025 results, revealing strong growth in fee revenue and significant expansion of its portfolio, despite a net loss.
Gross fee revenue reached $301 million, up 9.5% year-on-year. Revenue per available room (RevPAR) for comparable hotels across the group also increased, up 1.6% compared to the second quarter of the previous year. This performance was largely driven by upscale properties, while select-service hotels in the United States recorded a decline.
Growth driven by hotel development
Base management fees increased by 13%, supported by higher RevPAR and the opening of new hotels, while incentive management fees rose by 15%, benefiting in particular from all-inclusive resorts and favorable currency effects. Franchise fees and other revenues grew by 4%.
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