Strong Quarterly Performance
Adjusted EBITDAre of $496 million, up 3.1% year-over-year, and adjusted FFO per share of $0.58, up 1.8% year-over-year.
RevPAR Growth
Comparable hotel total RevPAR improved by 4.2% compared to Q2 2024, driven by stronger transient demand and higher ADR.
Maui Recovery
Maui resorts showed 19% RevPAR growth, contributing significantly to portfolio performance.
Capital Allocation and Share Repurchase
Repurchased 6.7 million shares for $105 million in Q2, bringing total repurchases to $205 million year-to-date.
Portfolio Reinvestment Progress
Hyatt Transformational Capital Program is 50% complete and tracking under budget, with significant renovations underway at key properties.