Strong Group Demand
Group demand remained strong throughout the third quarter and is expected to continue into 2026, with robust group room revenues already on the books.
Grand Hyatt Scottsdale Performance
Grand Hyatt Scottsdale continues to show significant year-over-year growth, contributing to a 0.9% increase in same-property RevPAR when excluding Houston assets.
RevPAR Growth
For the first nine months of 2025, the same-property portfolio achieved a 3.7% increase in RevPAR, driven by an 80 basis points higher occupancy and a 2.4% increase in average daily rate.
Food & Beverage Revenue Increase
Third quarter same-property total RevPAR increased by 3.7% due to a significant increase in food and beverage revenue.
W Nashville F&B Relaunch
Agreement with Jose Andres Group to operate food and beverage outlets is expected to add $3 million to $5 million to hotel EBITDA.