Hyatt ended 2025 on a high note, with its all-inclusive portfolio delivering standout performance that underscored the company’s broader shift toward leisure and luxury-driven growth.
During its fourth-quarter earnings call, executives described the year as exceptional for the Inclusive Collection, with net package RevPAR rising 8.3% in the fourth quarter and 8.6% for the full year.
The metric, which combines room, food and beverage, and entertainment revenue, reflects the strength of the all-inclusive model as travelers continue to prioritize bundled, experience-led vacations.
Performance was particularly robust across the Americas and Europe, and early 2026 indicators suggest continued acceleration. Hyatt reported that its all-inclusive resorts in the Americas are already tracking approximately 9% ahead in the first quarter.
The company’s portfolio includes brands such as Hyatt Ziva, Hyatt Zilara, Secrets, Dreams, Breathless, Zoetry, Vivid, Alua and Sunscape, forming a diversified platform across upper-upscale and luxury tiers.
Executives again credited ALG Vacations, part of Hyatt since its acquisition of Apple Leisure Group in 2021, as a key driver of demand and distribution. Loyalty from Unlimited Vacation Club members has also supported consistent outperformance.
According to leadership, the Inclusive Collection has surpassed broader market benchmarks every year since the acquisition, reinforcing Hyatt’s conviction in the segment.
Luxury Strength and Expansion Pipeline Signal 2026 Momentum
Hyatt’s fourth-quarter results were not limited to all-inclusives. Luxury properties also delivered strong gains, with leisure transient RevPAR rising 6% overall and 9% within the luxury segment. Business transient demand declined slightly, particularly at select-service hotels in the U.S., highlighting a continued divergence between leisure and corporate travel trends.
Total fourth-quarter revenue reached $1.79 billion, up 11.7% year over year, while adjusted EBITDA increased to $292 million. For full-year 2026, Hyatt is forecasting systemwide RevPAR growth between 1% and 3%, signaling a more normalized pace but sustained expansion.
Beyond performance metrics, Hyatt continues to expand aggressively. Net rooms growth reached 7.3% in 2025, marking the ninth consecutive year the company led the industry in rooms expansion. Leadership expects growth of 6% to 7% in 2026, supported by both new builds and conversions.
Newly launched brands are gaining traction. Hyatt Select has rapidly expanded its pipeline, largely through conversions, while the extended-stay Hyatt Studios brand has multiple properties under construction. The Unscripted collection has also scaled quickly since its launch. At the luxury end, recent openings such as Park Hyatt Cabo del Sol in Mexico and Andaz One Bangkok reinforce Hyatt’s commitment to high-end destinations.
Executives emphasized that portfolio acquisitions and market entries are designed to create long-term value through management and franchise relationships rather than short-term scale. Combined with strong leisure demand and continued loyalty engagement, Hyatt enters 2026 with diversified growth drivers spanning all-inclusive, luxury, and select-service segments.
