Hyatt Hotels Corporation (NYSE:H) shares are trading higher on Thursday.
The company reported second-quarter adjusted earnings per share of 68 cents, beating the analyst consensus estimate of 65 cents. Quarterly sales of $1.81 billion outpaced the Street view of $1.73 billion.
Comparable system-wide hotel revenue per available room, or RevPAR, increased 1.6%, compared to the second quarter of 2024.
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Net rooms grew 11.8% year over year, or 6.5% when excluding acquisitions. Gross fees totaled $301 million, up 9.5% from the second quarter of 2024.
Adjusted EBITDA totaled $303 million in the second quarter, down 1.1% year over year but up 9.0% on a pro forma basis.
The …