In a report released today, Richard Clarke from Bernstein maintained a Buy rating on Hyatt Hotels (H – Research Report), with a price target of $173.00.
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Richard Clarke’s rating is based on Hyatt Hotels’ strong performance in the first quarter of 2025, where the company reported a significant EBITDA beat, driven by an impressive RevPAR growth of 5.7%, surpassing expectations. The managed and franchised EBITDA increased by 16% year-over-year, indicating robust operational performance. Despite a slight downward revision in expectations for the rest of the year due to changes in booking behavior, the market had already adjusted to these expectations, minimizing any negative impact.
Additionally, Hyatt’s net rooms growth and a healthy pipeline of new rooms reflect a positive outlook for future expansion. The World of Hyatt program also showed substantial growth, which, along with potential catalysts from dispositions and credit card deals, suggests a promising trajectory for the company’s financial health. These factors collectively contribute to Richard Clarke’s Buy rating, as they indicate that Hyatt is on a path to regain investor confidence after a challenging 2024.
Clarke covers the Consumer Cyclical sector, focusing on stocks such as Hyatt Hotels, Airbnb, and Carnival. According to TipRanks, Clarke has an average return of -3.0% and a 39.52% success rate on recommended stocks.
In another report released on April 21, Melius Research also maintained a Buy rating on the stock with a $150.00 price target.