Hyatt Hotels Corp — Form 10-Q filed 2026-04-30

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Hyatt Hotels reported Q1 2026 revenue of $1,748 million, up 1.7% YoY, and net income of $41 million, up 70.8% YoY, with net income attributable to Hyatt of $38 million, up 90% YoY. Growth was driven by higher management and franchise fees, partially offset by asset impairments and equity losses. The company completed the Playa Hotels acquisition, recording $969 million goodwill, and recognized tax settlement benefits. Share repurchases totaled $135 million and dividends were $14 million.