Form 8-K

8-K — Hyatt Hotels Corp

Accession: 0001104659-26-067209

Filed: 2026-05-28

Period: 2026-05-28

CIK: 0001468174

SIC: 7011 (HOTELS & MOTELS)

Item: Regulation FD Disclosure

Item: Other Events

Item: Financial Statements and Exhibits

Documents

8-K — tm2615108d1_8k.htm (Primary)

EX-99.1 — EXHIBIT 99.1 (tm2615108d1_ex99-1.htm)

EX-99.2 — EXHIBIT 99.2 (tm2615108d1_ex99-2.htm)

GRAPHIC (tm2615108d1_ex99-1img001.jpg)

GRAPHIC (tm2615108d1_ex99-1img002.jpg)

GRAPHIC (tm2615108d1_ex99-1img003.jpg)

GRAPHIC (tm2615108d1_ex99-1img004.jpg)

GRAPHIC (tm2615108d1_ex99-1img005.jpg)

GRAPHIC (tm2615108d1_ex99-1img006.jpg)

GRAPHIC (tm2615108d1_ex99-1img007.jpg)

GRAPHIC (tm2615108d1_ex99-1img008.jpg)

GRAPHIC (tm2615108d1_ex99-1img009.jpg)

GRAPHIC (tm2615108d1_ex99-1img010.jpg)

GRAPHIC (tm2615108d1_ex99-1img011.jpg)

GRAPHIC (tm2615108d1_ex99-1img012.jpg)

GRAPHIC (tm2615108d1_ex99-1img013.jpg)

GRAPHIC (tm2615108d1_ex99-1img014.jpg)

GRAPHIC (tm2615108d1_ex99-1img015.jpg)

GRAPHIC (tm2615108d1_ex99-1img016.jpg)

GRAPHIC (tm2615108d1_ex99-1img017.jpg)

GRAPHIC (tm2615108d1_ex99-1img018.jpg)

GRAPHIC (tm2615108d1_ex99-1img019.jpg)

GRAPHIC (tm2615108d1_ex99-1img020.jpg)

GRAPHIC (tm2615108d1_ex99-1img021.jpg)

GRAPHIC (tm2615108d1_ex99-1img022.jpg)

GRAPHIC (tm2615108d1_ex99-1img023.jpg)

GRAPHIC (tm2615108d1_ex99-1img024.jpg)

GRAPHIC (tm2615108d1_ex99-1img025.jpg)

GRAPHIC (tm2615108d1_ex99-1img026.jpg)

GRAPHIC (tm2615108d1_ex99-1img027.jpg)

GRAPHIC (tm2615108d1_ex99-1img028.jpg)

GRAPHIC (tm2615108d1_ex99-1img029.jpg)

GRAPHIC (tm2615108d1_ex99-1img030.jpg)

GRAPHIC (tm2615108d1_ex99-1img031.jpg)

GRAPHIC (tm2615108d1_ex99-1img032.jpg)

GRAPHIC (tm2615108d1_ex99-1img033.jpg)

GRAPHIC (tm2615108d1_ex99-1img034.jpg)

GRAPHIC (tm2615108d1_ex99-1img035.jpg)

GRAPHIC (tm2615108d1_ex99-1img036.jpg)

GRAPHIC (tm2615108d1_ex99-1img037.jpg)

GRAPHIC (tm2615108d1_ex99-1img038.jpg)

GRAPHIC (tm2615108d1_ex99-1img039.jpg)

GRAPHIC (tm2615108d1_ex99-1img040.jpg)

GRAPHIC (tm2615108d1_ex99-1img041.jpg)

GRAPHIC (tm2615108d1_ex99-1img042.jpg)

GRAPHIC (tm2615108d1_ex99-1img043.jpg)

GRAPHIC (tm2615108d1_ex99-1img044.jpg)

GRAPHIC (tm2615108d1_ex99-1img045.jpg)

GRAPHIC (tm2615108d1_ex99-1img046.jpg)

GRAPHIC (tm2615108d1_ex99-1img047.jpg)

GRAPHIC (tm2615108d1_ex99-1img048.jpg)

GRAPHIC (tm2615108d1_ex99-1img049.jpg)

GRAPHIC (tm2615108d1_ex99-1img050.jpg)

GRAPHIC (tm2615108d1_ex99-1img051.jpg)

GRAPHIC (tm2615108d1_ex99-1img052.jpg)

GRAPHIC (tm2615108d1_ex99-1img053.jpg)

GRAPHIC (tm2615108d1_ex99-1img054.jpg)

GRAPHIC (tm2615108d1_ex99-1img055.jpg)

GRAPHIC (tm2615108d1_ex99-1img056.jpg)

GRAPHIC (tm2615108d1_ex99-1img057.jpg)

GRAPHIC (tm2615108d1_ex99-1img058.jpg)

GRAPHIC (tm2615108d1_ex99-1img059.jpg)

GRAPHIC (tm2615108d1_ex99-1img060.jpg)

GRAPHIC (tm2615108d1_ex99-1img061.jpg)

GRAPHIC (tm2615108d1_ex99-1img062.jpg)

GRAPHIC (tm2615108d1_ex99-1img063.jpg)

GRAPHIC (tm2615108d1_ex99-1img064.jpg)

GRAPHIC (tm2615108d1_ex99-1img065.jpg)

GRAPHIC (tm2615108d1_ex99-1img066.jpg)

GRAPHIC (tm2615108d1_ex99-1img067.jpg)

GRAPHIC (tm2615108d1_ex99-1img068.jpg)

GRAPHIC (tm2615108d1_ex99-1img069.jpg)

GRAPHIC (tm2615108d1_ex99-1img070.jpg)

GRAPHIC (tm2615108d1_ex99-1img071.jpg)

GRAPHIC (tm2615108d1_ex99-1img072.jpg)

GRAPHIC (tm2615108d1_ex99-1img073.jpg)

GRAPHIC (tm2615108d1_ex99-1img074.jpg)

GRAPHIC (tm2615108d1_ex99-1img075.jpg)

GRAPHIC (tm2615108d1_ex99-1img076.jpg)

GRAPHIC (tm2615108d1_ex99-1img077.jpg)

GRAPHIC (tm2615108d1_ex99-1img078.jpg)

GRAPHIC (tm2615108d1_ex99-1img079.jpg)

GRAPHIC (tm2615108d1_ex99-1img080.jpg)

GRAPHIC (tm2615108d1_ex99-1img081.jpg)

GRAPHIC (tm2615108d1_ex99-1img082.jpg)

GRAPHIC (tm2615108d1_ex99-1img083.jpg)

GRAPHIC (tm2615108d1_ex99-1img084.jpg)

GRAPHIC (tm2615108d1_ex99-1img085.jpg)

GRAPHIC (tm2615108d1_ex99-1img086.jpg)

GRAPHIC (tm2615108d1_ex99-1img087.jpg)

GRAPHIC (tm2615108d1_ex99-1img088.jpg)

GRAPHIC (tm2615108d1_ex99-1img089.jpg)

GRAPHIC (tm2615108d1_ex99-1img090.jpg)

GRAPHIC (tm2615108d1_ex99-1img091.jpg)

GRAPHIC (tm2615108d1_ex99-1img092.jpg)

GRAPHIC (tm2615108d1_ex99-1img093.jpg)

GRAPHIC (tm2615108d1_ex99-1img094.jpg)

GRAPHIC (tm2615108d1_ex99-1img096.jpg)

GRAPHIC (tm2615108d1_ex99-1img097.jpg)

GRAPHIC (tm2615108d1_ex99-1img098.jpg)

GRAPHIC (tm2615108d1_ex99-1img100.jpg)

GRAPHIC (tm2615108d1_ex99-1img101.jpg)

GRAPHIC (tm2615108d1_ex99-1img102.jpg)

GRAPHIC (tm2615108d1_ex99-1img103.jpg)

GRAPHIC (tm2615108d1_ex99-1img104.jpg)

GRAPHIC (tm2615108d1_ex99-1img105.jpg)

GRAPHIC (tm2615108d1_ex99-1img106.jpg)

GRAPHIC (tm2615108d1_ex99-1img107.jpg)

GRAPHIC (tm2615108d1_ex99-1img108.jpg)

GRAPHIC (tm2615108d1_ex99-1img109.jpg)

GRAPHIC (tm2615108d1_ex99-1img110.jpg)

GRAPHIC (tm2615108d1_ex99-1img111.jpg)

GRAPHIC (tm2615108d1_ex99-2img01.jpg)

XML — IDEA: XBRL DOCUMENT (R1.htm)

8-K — FORM 8-K

8-K (Primary)

Filename: tm2615108d1_8k.htm · Sequence: 1

false

0001468174

2026-05-28

iso4217:USD

xbrli:shares

iso4217:USD

xbrli:shares

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.

20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13

or 15(d)

of the Securities

Exchange Act of 1934

Date of Report (Date of earliest event reported):

May 28, 2026

HYATT HOTELS CORPORATION

(Exact name of registrant as specified in its

charter)

Delaware

001-34521

20-1480589

(State or other jurisdiction

of incorporation)

(Commission

File Number)

(IRS Employer

Identification No.)

150 North Riverside Plaza

Chicago, IL

60606

(Address of principal executive offices)

(Zip Code)

Registrant’s telephone number, including

area code: (312) 750-1234

Former name or former address, if changed since

last report: Not Applicable

Check the appropriate box below if the Form 8-K filing is intended

to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of

the Act:

Title

of each class

Trading

Symbol

Name

of each exchange on which registered

Class A common stock, $0.01 par value

New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth

company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities

Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging

growth company      ¨

an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying

with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.   ¨

Item 7.01. Regulation FD Disclosure.

As previously announced, members of Hyatt Hotels Corporation’s

(the “Company”) senior management team will host an Investor Day on Thursday, May 28, 2026, beginning at 8:30 a.m. Central

Standard Time. Interested parties can access a simultaneous webcast of the presentation at www.hyatt.com in the Investor Relations section

of the website. For those unable to listen to the live broadcast, an archive of the webcast will be available on the Company’s website.

A copy of the slides that will be used in the presentation at the Investor Day are attached as Exhibit 99.1 and incorporated herein by

reference. On May 28, 2026, the Company also issued a press release related to the Investor Day presentation, a copy of which is

attached as Exhibit 99.2 and incorporated herein by reference.

The information furnished under this Item 7.01, including Exhibit 99.1

and Exhibit 99.2 in Item 9.01, shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange

Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, and shall not be deemed

incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth

by specific reference in such filing.

Item 8.01. Other Events.

On May 28, 2026, the Company announced that its Board of Directors

has authorized the repurchase of up to an additional $1.0 billion of the Company’s common stock. These repurchases may be made

from time to time in the open market, in privately negotiated transactions, or otherwise, including pursuant to a Rule 10b5-1 plan or

an accelerated share repurchase transaction, at prices that the Company deems appropriate and subject to market conditions, applicable

law and other factors deemed relevant in the Company’s sole discretion. The common stock repurchase authorization applies to the

Company’s Class A common stock and/or the Company’s Class B common stock. The common stock repurchase authorization

does not obligate the Company to repurchase any dollar amount or number of shares of common stock and the authorization may be suspended

or discontinued at any time.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

Exhibit

No.

Document Description

99.1

Investor Day Slide Presentation, dated May 28, 2026 (furnished pursuant to Item 7.01)

99.2

Hyatt Hotels Corporation Press Release, dated May 28, 2026 (furnished pursuant to Item 7.01)

104

Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf

by the undersigned hereunto duly authorized.

Hyatt Hotels

Corporation

Date: May 28, 2026

By:

/s/ Joan Bottarini

Name:

Joan Bottarini

Title:

Executive Vice President, Chief Financial Officer

EX-99.1 — EXHIBIT 99.1

EX-99.1

Filename: tm2615108d1_ex99-1.htm · Sequence: 2

Exhibit 99.1

INVESTOR DAY 2026

DISCLAIMERS

Forward-Looking Statements

Forward-Looking Statements in this presentation, which are not historical facts, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include statements about our plans, strategies, positioning, illustrative financial outlook through 2028,

our investment grade credit profile, our incremental debt capacity, growth trends, expectations and investments, growth location opportunities, pipeline expectations, revenue expectations, fee-based earnings expectations, the number of properties we expect to open in the future, any future share

repurchases under the additional repurchase authorization, future dividend expectations, our expectations for the World of Hyatt loyalty program, the amount by which the Company may reduce its real estate asset base and the timeframe for such dispositions, the expected valuations of the Company’s

owned assets, financial performance, prospects or future events, and involve known and unknown risks that are difficult to predict. As a result, our actual results, performance or achievements may differ materially from those expressed or implied by these forward-looking statements. In some cases, you

can identify forward-looking statements by the use of words such as "may," "could," "expect," "intend," "plan," "seek," "anticipate," "believe," "estimate," "predict," "potential," "continue," "likely," "will" "would, “position” and variations of these terms and similar expressions, or the negative of these terms or

similar expressions. Such forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable by us and our management, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, but are not

limited to: general economic uncertainty in key global markets and a worsening of global economic conditions or low levels of economic growth; the rate and pace of economic recovery following economic downturns; global supply chain constraints and interruptions, rising costs of construction-related labor

and materials, and increases in costs due to inflation or other factors that may not be fully offset by increases in revenues in our business; risks affecting the luxury, resort, and all-inclusive lodging segments; levels of spending in business, leisure, and group segments, as well as consumer confidence;

declines in occupancy and average daily rate; limited visibility with respect to future bookings; loss of key personnel; domestic and international political and geopolitical conditions, including political or civil unrest or changes in trade policy; the impact of global tariff policies or regulations; economic

sanctions or other government restrictions that may limit our ability to conduct business or receive payments; hostilities, or fear of hostilities, including the ongoing military conflict in the Middle East and security-related disruptions in Mexico, as well as terrorist attacks or other acts of violence, that affect

travel; travel-related accidents; natural or man-made disasters, weather and climate-related events, such as hurricanes, earthquakes, tsunamis, tornadoes, droughts, floods, wildfires, oil spills, nuclear incidents, and global outbreaks of pandemics or contagious diseases, or fear of such outbreaks; the

impact of government-issued travel advisories, airspace closures, or flight suspensions on international arrivals and hotel bookings in affected regions; our ability to successfully achieve specified levels of operating profits at hotels that have performance tests or guarantees in favor of our third-party owners;

the impact of hotel renovations and redevelopments; risks associated with our capital allocation plans, share repurchase program, and dividend payments, including a reduction in, or elimination or suspension of, repurchase activity or dividend payments; the seasonal and cyclical nature of the real estate

and hospitality businesses; changes in distribution arrangements, such as through internet travel intermediaries; changes in the tastes and preferences of our customers; relationships with colleagues and labor unions and changes in labor laws; the financial condition of, and our relationships with, third-party owners, franchisees, and hospitality venture partners; the possible inability of third-party owners, franchisees, or development partners to access the capital necessary to fund current operations or implement our plans for growth; risks associated with potential acquisitions and dispositions and our

ability to successfully integrate completed acquisitions with existing operations or realize anticipated synergies; failure to successfully complete proposed transactions, including the failure to satisfy closing conditions or obtain required approvals; our ability to maintain effective internal control over financial

reporting and disclosure controls and procedures; declines in the value of our real estate assets; unforeseen terminations of our management and hotel services agreements or franchise agreements; changes in federal, state, local, or foreign tax law; increases in interest rates, wages, and other operating

costs; foreign exchange rate fluctuations or currency restructurings; risks associated with the introduction of new brand concepts, including lack of acceptance of new brands or innovation; general volatility of the capital markets and our ability to access such markets; changes in the competitive

environment in our industry, industry consolidation, and the markets where we operate; our ability to successfully grow the World of Hyatt loyalty program and manage the Unlimited Vacation Club paid membership program; cyber incidents and information technology failures; outcomes of legal or

administrative proceedings; and violations of regulations or laws related to our franchising business and licensing businesses and our international operations; and other risks discussed in the Company's filings with the SEC, including our annual report on Form 10-K, which filings are available from the

SEC. All forward-looking statements attributable to us or persons acting on our behalf are expressly qualified in their entirety by the cautionary statements set forth above. We caution you not to place undue reliance on any forward-looking statements, which are made only as of the date of this

presentation. We do not undertake or assume any obligation to update publicly any of these forward-looking statements to reflect actual results, new information or future events, changes in assumptions or changes in other factors affecting forward-looking statements, except to the extent required by

applicable law. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements.

Non-GAAP Financial Measures

This presentation includes references to certain financial measures, each identified with the symbol "†", that are not calculated or presented in accordance with generally accepted accounting principles in the United States ("GAAP"). These non-GAAP financial measures have important limitations and

should not be considered in isolation or as a substitute for measures of the Company's financial performance prepared in accordance with GAAP. In addition, these non-GAAP financial measures, as presented, may not be comparable to similarly titled measures of other companies due to varying methods

of calculations.

During the first quarter of 2026, the Company revised its definition of Adjusted EBITDA to no longer include its pro rata share of unconsolidated owned and leased hospitality ventures' Adjusted EBITDA and recast prior-period results to provide comparability.

Key Business Metrics

This presentation includes references to certain key business metrics used by the Company, each identified with the symbol "◊".

References

Numerical tickmarks noted throughout this presentation correspond to the slide and tickmark numbers included in the Appendix beginning on slide 21 and the references and general disclaimers referenced therein should be read in conjunction with information presented on each slide.

WELCOME

DIFFERENTIATION AT SCALE,

POSITIONED TO WIN

ELEVATING OUR BRANDS

BREAK

EXPANDING OUR DIFFERENTIATED

FOOTPRINT

DELIVERING LONG-TERM VALUE

FOR SHAREHOLDERS

BREAK

MANAGEMENT Q&A

CLOSING REMARKS

Mark Hoplamazian

CHAIRMAN, PRESIDENT &

CHIEF EXECUTIVE OFFICER

Joan Bottarini

CHIEF FINANCIAL OFFICER

Mark Vondrasek

CHIEF COMMERCIAL OFFICER

Amar Lalvani

PRESIDENT & CREATIVE DIRECTOR,

HYATT LIFESTYLE

Javier Águila

PRESIDENT, INCLUSIVE COLLECTION

Laurie Blair

SVP, GLOBAL MARKETING

Julienne Smith

HEAD OF AMERICAS GROWTH

Catie Cramer

SVP, HEAD OF DEVELOPMENT

Adam Rohman

SVP, INVESTOR RELATIONS, FP&A, AND

TREASURER

INVESTOR DAY 2026

DIFFERENTIATION AT SCALE,

POSITIONED TO WIN

Mark Hoplamazian

CHAIRMAN, PRESIDENT &

CHIEF EXECUTIVE OFFICER

INVESTOR DAY 2026

HYATT: A COMPELLING LONG-TERM INVESTMENT

Global hospitality company serving

the high-end traveler, with

meaningful growth opportunities

Insights-led and brand-focused

organization drives value through

innovation, agility, and speed

INVESTOR DAY 2026

DIFFERENTIATION

AT SCALE

ELEVATING

PERFORMANCE

POSITIONED TO WIN

INVESTOR DAY 2026 6

For nearly 70 years,

we have not followed industry norms –

we have redefined them.

INVESTOR DAY 2026 7

INVESTOR DAY 2026

PURPOSE-DRIVEN CULTURE FUELS PERFORMANCE

COMPETITIVE ADVANTAGES POSITION HYATT TO WIN

Portfolio of

differentiated, premium

brands

Premium guest base

prioritizes travel

Durable owner value

proposition

Meaningful growth

opportunities

Rapidly expanding,

experience-based

loyalty program

INVESTOR DAY 2026

PORTFOLIO OF DIFFERENTIATED, HIGH-PERFORMING BRANDS1

L U X U R Y L I F E S T Y L E I N C L U S I V E C L A S S I C S E S S E N T I A L S

Footnotes:

1 Brand portfolio as of December 31, 2025.

INVESTOR DAY 2026 10

OUR CORE GUESTS IN THE U.S. SPEND ON TRAVEL AND

SPEND MORE WITH HYATT

~75%

of U.S. travel

spend by top two

income quintiles1

>25%

Hyatt guest

spend per stay vs.

competitors2

70%

of Hyatt room

nights originating

from the U.S.3

A L I L A J A B A L A K H D A R

INVESTOR DAY 2026

WORLD OF HYATT DEMONSTRATES LOYALTY IS MORE THAN A TRANSACTION

Strong

Elite Member

Benefits

Transparent

Award

Pricing

High

Redemption

Value

DEEPEN LOYALTY AND INCREASE LIFETIME VALUE

INVESTOR DAY 2026

PREMIUM BRANDS, LOYALTY

PROGRAM, AND CUSTOMER BASE

DRIVE VALUE FOR OUR OWNERS

We deliver strong operating results:

Premium RevPAR Index1

Across Every Brand Portfolio

~50%

World of Hyatt

Occupancy

~70%

Direct Channel

Contribution

G R A N D H Y A T T S I N G A P O R E

INVESTOR DAY 2026

MEANINGFUL GROWTH OPPORTUNITIES FOR HYATT ACROSS THE WORLD

Open Hotels1 Open & Pipeline Hotels2 Open & Pipeline Hotels

& Identified Markets3

>14,000

>80%

>1,800

32%

1,528 2,350

46%

700 1,000

Hotels

Sub-Markets

Global Sub-Market

Representation

INVESTOR DAY 2026

OUR PLAN TO ELEVATE HYATT TO SUSTAIN DURABLE COMPETITIVE

ADVANTAGES

BRANDS DRIVE VALUE ENABLED BY TALENT POWERED BY TECHNOLOGY

• Sharpen brand focus to

maximize operating results

• Even more attractive

choice for owners which

leads to enhanced fees

and greater scale

• AI is a strategic enabler

embedded in Hyatt’s

operating model

• Leverage data and insights

to innovate and unlock

further potential

• Talent advantage enabled

by Hyatt’s culture of care

drives future growth

• Enhance leadership

capabilities and develop

next generation of leaders

INVESTOR DAY 2026

ESSENTIALS BRAND FOCUS IN ACTION:

HYATT SELECT

H Y A T T S E L E C T

INSIGHTS IDENTIFIED FROM CUSTOMERS AND DEVELOPERS:

• Guests wanted to stay with us in

more locations

• Owners desired a transient-focused

Upper-Midscale Hyatt brand

• Announced the Hyatt Select brand

in 2025 and opened the first property

eight months later

• 200+ properties open, in the pipeline,

or in the funnel

INVESTOR DAY 2026

LUXURY BRAND FOCUS IN ACTION:

PARK HYATT NEW YORK

INSIGHTS IDENTIFIED:

• Opportunity to increase

spending from ultra luxury

customers

• Under-utilized space at the

top of the hotel

P A R K H Y A T T N E W Y O R K

ACTIONS TAKEN:

• Invested CapEx to build a

unique suite experience

• Revamped commercial go-to-market strategy

PARK HYATT

NEW YORK NOW

RANKS #1 IN ITS

COMPETITIVE SET1

SINCE 20232

• RevPAR index

increased 18%

• Adjusted EBITDA†

increased 85%

INVESTOR DAY 2026

Responsiveness

through empowered

teams and rapid

experimentation

Hyatt’s culture as a

competitive advantage

backed by disciplined

investment in capabilities

Deep leadership

bench deployed

across brands

and markets

Brand-level

outperformance

through talent

placement in

highest-value roles

CULTURE OF CARE AND PURPOSE

DIFFERENTIATES AND ELEVATES PERFORMANCE

INVESTOR DAY 2026

AI tools streamline

operations and empower

colleagues, improving

service delivery

Data and insights improve

hotel performance, leading

to higher profitability and

owner returns

AI-enabled personalization

at scale enhances the

guest experience and

drives greater loyalty

TECHNOLOGY ENHANCES HOW

HYATT DELIVERS DIFFERENTIATED

EXPERIENCES

INVESTOR DAY 2026 18

H Y A T T S E L E C T

INVESTOR DAY 2026

SUSTAINED DURABLE COMPETITIVE ADVANTAGES

LEAD TO:

COMPOUNDING

FEE GROWTH

PREMIUM REVPAR

GROWTH

S E C R E T S T I D E S PUNTA CANA

INVESTOR DAY 2026

INDUSTRY-LEADING

NET ROOMS GROWTH

INVESTOR DAY 2026

HYATT: A COMPELLING LONG-TERM INVESTMENT

Global hospitality company serving

the high-end traveler, with

meaningful growth opportunities

Insights-led and brand-focused

organization drives value through

innovation, agility, and speed

INVESTOR DAY 2026

DIFFERENTIATION

AT SCALE

ELEVATING

PERFORMANCE

POSITIONED TO WIN

ELEVATING

OUR BRANDS

A differentiated approach

to driving growth

INVESTOR DAY 2026

Amar Lalvani

PRESIDENT AND

CREATIVE DIRECTOR

HYATT LIFESTYLE

Mark Vondrasek

CHIEF COMMERCIAL OFFICER

Javier Águila

PRESIDENT,

INCLUSIVE COLLECTION

Laurie Blair

SVP, GLOBAL MARKETING

Amar Lalvani

PRESIDENT & CREATIVE DIRECTOR,

HYATT LIFESTYLE

INVESTOR DAY 2026

A DIFFERENTIATED GROWTH ENGINE

Insights-Led

Strategy

Personalization & guest

value at scale

OUR BRANDS ATTRACT MORE AFFLUENT,

HIGHER-SPENDING GUESTS

More lodging

spend

More spend on

each stay

Growth,

Differentiation,

& Better Owner

Economics

INVESTOR DAY 2026

+26%

In top 20%

affluence category

38% +25%

INVESTOR DAY 2026

INSIGHT TO IMPACT:

HOW WE BUILD OUR BRANDS

Start with deep

stakeholder insight

Design differentiated

brand experiences

Deliver measurable

customer & financial impact

L I N D N E R H O T E L A N T W E R P , B E L G I U M | J D V B Y H Y A T T

INVESTOR DAY 2026 24

H Y A T T H O U S E T O K Y O S H I B U Y A

INVESTOR DAY 2026

INFUSING WELLBEING INTO MEETINGS & EVENTS IS DRIVING

DIFFERENTIATION AT SCALE

CUSTOMER INSIGHT SCALED WELLBEING PLATFORM

198

hotels

RESULTS

• Wellbeing is increasingly becoming

an expectation in business travel

• Wellness economy growing

at a 7%+ CAGR1

• Miraval guests report 60% lower

stress two months post-stay2

Guest

satisfaction lift +20pt 3

Increased market

share among Top 30

corporate accounts

+70%

125+

experiences

1,500+

trained leaders

INVESTOR DAY 2026 26

THE LIFESTYLE GROUP, HYATT

INVESTOR DAY 2026 27

LIFESTYLE OPEN & OPERATING PROPERTIES

Andaz 5th Ave

INVESTOR DAY 2026 28

The Standard, Austin

LIFESTYLE

OPEN &

OPERATING

PROPERTIES

INVESTOR DAY 2026 29

LIFESTYLE OPEN & OPERATING PROPERTIES

Thompson Madrid

INVESTOR DAY 2026 30

LIFESTYLE OPEN & OPERATING PROPERTIES

The Standard, Midtown Miami Residence The Standard, Miami

INVESTOR DAY 2026 31

Thompson The Cape

LIFESTYLE OPEN & OPERATING PROPERTIES

INVESTOR DAY 2026 32

THE LIFESTYLE GROUP, HYATT

INVESTOR DAY 2026 33

HYATT’S INCLUSIVE COLLECTION

INVESTOR DAY 2026

NO LONGER NICHE

7 in 10 travelers have tried

all-inclusive1

INCLUSIVE COLLECTION EXPANDS

OUR REACH AND DIFFERENTIATION

A structural shift and a long runway for growth

GENERATIONAL SHIFT

of 18–25s more likely

to choose all-inclusive

vs 5 years ago1

DRIVES STRONG LOYALTY

70%+

repeat rate

80%+

D R E A M S C A P C A N A R E S O R T & S P A

+14,000 rooms vs closest competitor

RESORTS

155

ROOMS

58K+

H Y A T T Z I V A P U E R T O V A L L A R T A

INVESTOR DAY 2026

INCLUSIVE COLLECTION EXPANDS

OUR REACH AND DIFFERENTIATION

Differentiated F&B concepts driving guest preference

H Y A T T Z I V A C A P C A N A

S E C R E T S L A R O M A N A R E S O R T & S P A

H Y A T T Z I L A R A C A N C Ú N

INVESTOR DAY 2026

A DIFFERENTIATED GROWTH ENGINE

Stronger

Brands

Deeper loyalty with

high-value guests

INVESTOR DAY 2026

DEEPER LOYALTY

HIGHER-VALUE

NEW MEMBERS

MORE STAYS,

MORE SPEND

ESTABLISHED

POINTS OF

DIFFERENCE

ELEVATING

LOYALTY

INVESTOR DAY 2026

BEYOND TRANSACTIONS TO DRIVE TRUE ENGAGEMENT

Premium point

earning & redemption

Unique, giftable awards

Quality of elite tiers

Member choice

INVESTOR DAY 2026 38

INVESTOR DAY 2026

GUEST OF HONOR DELIVERS NEW

HIGH-VALUE MEMBERS

When gifted a Guest of Honor award,

new members1

2x 5x

more spend

per year

more likely to reach an elite

tier than all new members

A N D A Z S I N G A P O R E

INVESTOR DAY 2026

THE FASTEST GROWING LOYALTY PROGRAM

DELIVERING SCALE AND IMPACT

MEMBERSHIP GROWTH MEMBER PENETRATION

GROWTH

MEMBERS PER

PROPERTY

+78%

2022 Today

+45%

vs 2022

+400bps

vs 2022

INVESTOR DAY 2026

MEMBERS ARE MORE VALUABLE THAN EVER

More spend than

non-members in 2025

93%

Non-Member

Spend

Member

Spend

+20 pts vs. 2022 vs. 2022

Increase in members

with 100+ qualifying

stay nights per year

38%

INVESTOR DAY 2026

MORE STAYS, MORE SPEND, AT MORE BRANDS

Stay outside of the

initial brand group1

Stay at an average of

15 unique properties

THE WORLD OF HYATT NETWORK EFFECT

NEW LUXURY

MEMBERS NEW MEMBERS GLOBALISTS

50% 2x

Spend across

the network1

MEMBER NIGHTS

90%

Paid nights

(vs award nights)

INVESTOR DAY 2026 43

MR & MRS SMITH DRIVES NETWORK EFFECT AND DEEPENS ENGAGEMENT

STAYS

75%

NEW MEMBERS

More likely to stay at

another Hyatt brand

Of member stays were

made by elite members

INVESTOR DAY 2026

A CONNECTED AND GROWING

EXPERIENCES PLATFORM

U N D E R C A N V A S G R A N D C A N Y O N | M R & M R S S M I T H

INVESTOR DAY 2026

CREDIT CARD PORTFOLIO DELIVERS

HIGHEST VALUE, PREMIUM GUESTS

More card spend vs comparable

travel co-brand cards +28% 2

Credit Card and similar 3rd

party fees EBITDA in 2027, $105M doubling 2025 contribution

More stays per year than

non-cardholder members +221% 1

P A R K H Y A T T M A R R A K E C H , M O R O C C O

INVESTOR DAY 2026

ELEVATING THE

FUTURE OF LOYALTY

T H E S T A N D A R D , B A N G K O K M A H A N A K H O N

INVESTOR DAY 2026

A DIFFERENTIATED GROWTH ENGINE

Scaled Through

Technology

Augments and accelerates

performance and growth

INVESTOR DAY 2026

TECHNOLOGY AS A GROWTH MULTIPLIER

Smarter Decisions

Hotel Heartbeat

Deeper Guest Engagement

Intent-based search & ChatGPT

AI RFP Tool

Scalable Platform

Core Technology – CRS, RMS, PMS

INVESTOR DAY 2026 48

M E A N D A L L H O T E L F L I M S , S W I T Z E R L A N D

INVESTOR DAY 2026

A SCALABLE PLATFORM DRIVES GROWTH AND EFFICIENCY

PROFIT-OPTIMIZED

REVENUE MANAGEMENT SYSTEM

Rates and mix optimized for

profitability drives RGI

BEST-IN-CLASS

CENTRAL RESERVATION SYSTEM

Enables new capabilities and

reducing costs and complexity

SPEED-TO-MARKET

PROPERTY MANAGEMENT SYSTEM

Ease of integration and training

reduces operating friction

A L I L A M A N G G I S , I N D O N E S I A 49

M E A N D A L L H O T E L D U S S E L D O R F

INVESTOR DAY 2026 O B E R K A S S E L , G E R M A N Y

INVESTOR DAY 2026

MEETING

GUESTS WHERE

THEY ARE

INVESTOR DAY 2026

UNLOCKING DEEPER ENGAGEMENT AND PRODUCTIVITY

AI-powered RFP streamlines sales

35%

65%

Sales colleagues are

spending 35% of their

time prioritizing,

vetting and gathering

info for proposals

INVESTOR DAY 2026

A DIFFERENTIATED GROWTH ENGINE

Insights-Led

Strategy

Personalization & guest

value at scale

Stronger

Brands

Deeper loyalty with

high-value guests

Scaled Through

Technology

Augments and accelerates

performance and growth

INVESTOR DAY 2026

WE WIN THE GAME DIFFERENTLY

— AND IT’S WORKING

M I R A V A L A U S T I N R E S O R T A N D S P A

Global hospitality company serving

the high-end traveler, with

meaningful growth opportunities

Insights-led and brand-focused

organization drives value through

innovation, agility, and speed

DIFFERENTIATION

AT SCALE

ELEVATING

PERFORMANCE

POSITIONED TO WIN

EXPANDING OUR

DIFFERENTIATED FOOTPRINT

INVESTOR DAY 2026

Mark Hoplamazian

CHAIRMAN, PRESIDENT &

CHIEF EXECUTIVE OFFICER

INVESTOR DAY 2026 55

Hyatt’s intentional growth strategy has

delivered industry-leading net rooms

growth for 9 consecutive years

INVESTOR DAY 2026

HYATT HAS BUILT A DIFFERENTIATED GROWTH PLATFORM

2017

186K

EXISTING

ROOMS

70K

PIPELINE

ROOMS

STRATEGIC GROWTH PLATFORMS

LUXURY &

LIFESTYLE

2018 2024

RESORTS

ESSENTIALS

2020 2023 2025

2021

2025

373K

EXISTING

ROOMS

148K

PIPELINE

ROOMS

TOTAL

9.1%

NET ROOMS GROWTH CAGR1

ORGANIC2

7.0%

2024 & 2025

INVESTOR DAY 2026

HYATT IS WELL POSITIONED IN PREMIUM SEGMENTS

Figures as of fiscal year ends 2017 and 2025 and calculated based on Smith Travel Research classifications.

Luxury and lifestyle hotels as defined by Smith Travel Research. Resort hotels as defined by Hyatt based on hotel type attributes.

2x LUXURY ROOMS

4x RESORT ROOMS

6x LIFESTYLE ROOMS

127K

190K

59K

183K

2017 2025

186K

373K

15.3%

CAGR

Luxury, Lifestyle, or Resort

All Other

49%

Luxury, Lifestyle, or Resort rooms as % of portfolio 2017–2025

Luxury, Lifestyle,

or Resort Rooms

portfolio mix of

Luxury, Lifestyle, or Resort

INVESTOR DAY 2026

HYATT HAS STRENGTHENED TOP MARKET COVERAGE, WITH SIGNIFICANT

WHITESPACE FOR CONTINUED GROWTH

Hyatt Existing Existing + Pipeline

Markets where there is currently at least one hotel

GLOBAL

MARKETS1

HYATT GLOBAL MARKET COVERAGE

Hyatt has opportunity to increase hotel density per market

HOTELS PER MARKET

EXISTING2 + PIPELINE2 PEERS3

TOP 50 10 16 33

51 – 150 5 7 19

151 – 674 3 3 12

92%

77%

46%

84%

56%

HYATT

INVESTOR DAY 2026

GROWTH AT HYATT DRIVES HIGH-QUALITY, DURABLE VALUE CREATION

FOR ALL STAKEHOLDERS

Shareholder

Value

White-space

for Growth

Compounding

Cash Flow

Highest

Fees/Room1

Guest &

Owner Value

Owner

Preference

Fastest

Growing Loyalty

Program

Premium

Guests

Net Rooms

Growth

INVESTOR DAY 2026

DIFFERENTIATED WAYS HYATT CAN DELIVER COMPOUNDING, HIGH-QUALITY,

DURABLE GROWTH

6% TO 8% NET ROOMS GROWTH

(2026 through 2028)

HIGHER FEES

PER ROOM

FASTER, CAPITAL-LIGHT

GROWTH

BROADER

NETWORK REACH

PREMIUM SEGMENTS SCALABLE BRANDS HIGH-GROWTH REGIONS

INVESTOR DAY 2026

LONG-TERM NET ROOMS GROWTH DRIVERS

Positioned to accelerate growth in the

world’s largest travel markets

High-Growth Regions

Intentional growth in segments where

demand, fee generation and network

effects are strongest

Premium Segments

Portfolio of brands that enable faster,

lower-capital expansion into

underpenetrated markets

Scalable Brands

THE STANDARD, MALDIVES HYATT PLACE ATLANTA ALPHARETTA HYATT REGENCY XI'AN CHANBA, CHINA

INVESTOR DAY 2026

PREMIUM SEGMENTS: LUXURY, LIFESTYLE, &

RESORTS REMAIN A CRUCIAL VALUE LEVER

190K

278K

183K

373K 243K

521K

2025 2025 + Pipeline

(49%)

(47%) +33%

(51%)

(53%)

Luxury, Lifestyle, or Resort

All Other

Luxury, Lifestyle, or Resort

rooms as % of portfolio

Higher Fees

per Room

2.0x

vs. non-Luxury, Lifestyle

and Resort properties

New Member

Spend

1.8x

vs. non-Luxury, Lifestyle

and Resort properties1

Skew towards

Top 50 Markets

30%+

of Existing & Pipeline Hotels

vs. ~20% across peers2

INVESTOR DAY 2026

SCALABLE BRANDS: ESSENTIALS DRIVING

ACCELERATED NET ROOMS GROWTH

Upscale Upper Midscale

55K

101K

2017 2025

2025

165K+

2025

+Pipeline

Pipeline

>60% of

Existing

Rooms

ESSENTIALS PORTFOLIO ROOMS

EXPANDED PORTFOLIO ENABLES

ENTRY INTO NEW MARKETS WITH

LOWER COST AND FASTER SPEED

2017

INVESTOR DAY 2026

POSITIONED TO WIN IN HIGH-GROWTH REGIONS

300+

Submarkets where Hyatt doesn’t have a

brand presence1

UNITED

STATES

120%+

Pipeline as % of existing hotels

GREATER

CHINA

90%

Increase in signings2

INDIA

70%

of existing pipeline

INVESTOR DAY 2026

WHERE WE ARE TODAY…

H YATT’S EXISTIN G FO O TPR IN T

Sub-Markets

780+

Hotel Rooms

373K

Hotels

1,528

INVESTOR DAY 2026 66

HYATT’S DIFFERENTIATED BRANDS AND STRONG PERFORMANCE

POSITION IT TO CAPTURE SHARE IN UNDERREPRESENTED MARKETS

Markets where Hyatt

is underrepresented vs.

our closest peers

G LO B A L O PPO R TU NITY:

INVESTOR DAY 2026

HYATT: A COMPELLING LONG-TERM INVESTMENT

Global hospitality company serving

the high-end traveler, with

meaningful growth opportunities

Insights-led and brand-focused

organization drives value through

innovation, agility, and speed

INVESTOR DAY 2026

DIFFERENTIATION

AT SCALE

ELEVATING

PERFORMANCE

POSITIONED TO WIN

EXPANDING OUR

DIFFERENTIATED

FOOTPRINT

INVESTOR DAY 2026

Joan Bottarini

CHIEF FINANCIAL OFFICER

Julienne Smith

HEAD OF AMERICAS

GROWTH

Catie Cramer

SVP, HEAD OF

DEVELOPMENT

Javier Águila

PRESIDENT,

INCLUSIVE COLLECTION

GROWTH PANEL

INVESTOR DAY 2026

Joan Bottarini

CHIEF FINANCIAL OFFICER

DELIVERING SUSTAINABLE

LONG-TERM VALUE FOR

SHAREHOLDERS

INVESTOR DAY 2026

HYATT: A COMPELLING LONG-TERM INVESTMENT

Global hospitality company serving

the high-end traveler, with

meaningful growth opportunities

Insights-led and brand-focused

organization drives value through

innovation, agility, and speed

DIFFERENTIATION

AT SCALE

ELEVATING

PERFORMANCE

POSITIONED TO WIN

INVESTOR DAY 2026

GROSS FEE REVENUE

+14.0%

CAGR

1,088

808

1,198

2022 2025

~10%

Organic

CAGR1

ASSET-LIGHT EARNINGS MIX◊2

+1,300bps

76%

89%

2022 2025

ADJ. FREE CASH FLOW†

55%

Adj. Free Cash Flow

Conversion %†3

3 Year Average

473

527

2022 2025

NET ROOMS GROWTH

+7.0%

CAGR

304

373

2022 2025

SINCE INVESTOR DAY 2023, WE HAVE TRANSFORMED

THE BUSINESS AND DELIVERED STRONG RESULTS

in thousands $ in millions $ in millions

INVESTOR DAY 2026

WHILE RETURNING SIGNIFICANT CAPITAL TO SHAREHOLDERS

AND REDUCING SHARE COUNT BY 11% SINCE 2022

>90%

of Net Capital

Returned to

Shareholders

Free Cash Flow† Net Proceeds

from Debt

Proceeds from Asset Sales;

net of M&A Investments1

Net Total Capital Capital Returns to

Shareholders

$1.2B

$0.1B

$1.0B $2.3B

$2.1B

$ in billions 2023 – 2025 Cumulative

INVESTOR DAY 2026

Premium RevPAR growth and industry-leading Net Rooms Growth fuels

compounding fee growth

Unlock further value through highly-valued owned portfolio and other

investments

Predictable asset-light business model

drives Free Cash Flow conversion

DRIVES GREATER FREE

CASH FLOW† AND

ENHANCES VALUE

INVESTOR DAY 2026 P A R K H Y A T T M A L D I V E S H A D A H A A 73

ENHANCING SHAREHOLDER VALUE INTO THE FUTURE

INVESTOR DAY 2026

PREMIUM REVPAR GROWTH AND STRONG

NET ROOMS GROWTH DRIVES FEES

2025A to 2028E

3-Year CAGR

Low High

System-wide

RevPAR◊

Growth 2

% 4

Net Rooms

Growth 6

% 8

G R A N D H Y A T T B A L I 74

% - 12%

Core Gross Fee Growth

3-Year CAGR

RevPAR◊ Growth + Net

Rooms Growth Fee

Algorithm

INVESTOR DAY 2026

GROSS FEES CONTINUE TO DELIVER STRONG GROWTH RATES

• Gross fees 3-Year CAGR benefits from new

management agreements from Playa Hotels Acquisition

• Base and Franchise & Other fees account for ~75% of

Gross fees

• Incentive fees expand on the strength of international

RevPAR growth

• Gross fees benefit from license fees from co-branded

credit card programs and branded residential license

fees

Gross Fees Modeling Assumptions

2028

% to +13%

2025-2028 3-Year CAGR

~$1.5B -

$1.7B

$1.2B

$ in billions

2026-2028 2-Year CAGR

+13%

2025

INVESTOR DAY 2026

OTHER MODEL ASSUMPTIONS

+2% to 3

Adjusted G&A†

3-Year CAGR

+2% to 4

Owned & Leased

Segment 3-Year CAGR

+2% to 4

Distribution Segment

3-Year CAGR

$150M to $170M

Key Money

per Year

$135Mto $140M

Capital Expenditures

per Year

~27% to 30%

Effective Tax Rate %

T H E S T A N D A R D , I B I Z A

P A R K H Y A T T S T . K I T T S C H R I S T O P H E H A R B O U R A L I L A W U Z H E N

T H E B E E K M A N

2025 - 2028

INVESTOR DAY 2026

2028 ILLUSTRATIVE ADJUSTED EBITDA† AND ADJUSTED FREE CASH FLOW†

OUTLOOK

ADJUSTED

EBITDA†

ADJUSTED

FREE CASH

FLOW†

+11% to +16%

2025-2028 3-Year CAGR

20251

2028

20252

2028

$0.5B

~$1.4B to $1.6B

$1.0B

$ in billions

~$0.8B to $0.9B

+14% to +18%

2025-2028 3-Year CAGR

INVESTOR DAY 2026

COMMITTED TO INVESTMENT GRADE WITH CAPACITY FOR ADDITIONAL DEBT

STARTING IN 2028

2026 2027 2028 2029 2030 & Beyond

SENIOR NOTES MATURITIES BY YEAR1

$4.2B

Total Senior Notes

$1.5B

Revolver Capacity Available

Net of Letters of Credit

Outstanding

$600

$899

$600

$2,140 $ in millions

INVESTOR DAY 2026

DURABLE EARNINGS AND FREE CASH FLOW† TO ENHANCE SHAREHOLDER

VALUE

Incremental

Debt Capacity

~$0.2B –

$0.5B

Adjusted

EBITDA†

~$3.8B –

$4.2B

Free Cash Flow† ~$2.0B –

$2.2B

2026-2028 Cumulative Totals

INVESTOR DAY 2026

BALANCED CAPITAL ALLOCATION STRATEGY TO ENHANCE SHAREHOLDER

VALUE

Accretive Investments in Growth

Maintain Investment Grade Profile

Steady Dividend Payment

Use Excess Cash for Share Repurchases

~$2.2B -

$2.7B

CASH AVAILABLE TO

ENHANCE VALUE

2026 - 2028

INVESTOR DAY 2026

OTHER OPPORTUNITIES TO ENHANCE VALUE

M I R A V A L A R I Z O N A R E S O R T & S P A 81

Highly Valued Owned Portfolio

Other Investments

FURTHER VALUE

UNLOCKS

INVESTOR DAY 2026

HIGHLY VALUED OWNED HOTEL PORTFOLIO

~$ ~$125M ~18x - 20x 25M

$2.2B -

$2.5B

17 Wholly Owned Hotels2

(excludes leases)

ESTIMATED VALUE

OF OWNED ASSETS1

P A R K H Y A T T C H I C A G O M I R A V A L A U S T I N R E S O R T A N D S P A H Y A T T R E G E N C Y I R V I N E

LUXURY WELLBEING BUSINESS/CONVENTION

4 HOTELS 3 HOTELS 10 HOTELS

Implied 2025 Run-Rate Fees

Adjusted EBITDA† Multiple

2025 Adjusted

EBITDA†3

INVESTOR DAY 2026

~$175M

Juniper Common

Equity Value1

$200M

Tortuga

Preferred Equity

$315M

Hyatt Regency Orlando Preferred

Equity and Seller Financing

H Y A T T R E G E N C Y O R L A N D O H Y A T T Z I V A C A N C U N A N D A Z D E L H I

$690M

OTHER

INVESTMENTS

WE HAVE INVESTMENTS TO UNLOCK FURTHER VALUE

INVESTOR DAY 2026

S E C R E T S T I D E S PUNTA CANA

SUSTAINED DURABLE COMPETITIVE ADVANTAGES

LEAD TO:

COMPOUNDING

FEE GROWTH

PREMIUM REVPAR

GROWTH

INDUSTRY-LEADING

NET ROOMS GROWTH

INVESTOR DAY 2026

HYATT: A COMPELLING LONG-TERM INVESTMENT

Global hospitality company serving

the high-end traveler, with

meaningful growth opportunities

Insights-led and brand-focused

organization drives value through

innovation, agility, and speed

DIFFERENTIATION

AT SCALE

ELEVATING

PERFORMANCE

POSITIONED TO WIN

INVESTOR DAY 2026

Mark Hoplamazian

CHAIRMAN, PRESIDENT &

CHIEF EXECUTIVE OFFICER

Joan Bottarini

CHIEF FINANCIAL OFFICER

Mark Vondrasek

CHIEF COMMERCIAL OFFICER

Adam Rohman

SVP, INVESTOR RELATIONS,

FP&A, AND TREASURER

MANAGEMENT Q&A

INVESTOR DAY 2026

REFERENCES

SLIDE 9: PORTFOLIO OF DIFFERENTIATED, HIGH-PERFORMING BRANDS

1 Brand portfolio as of March 31, 2026.

SLIDE 10: OUR CORE GUESTS IN THE U.S. SPEND ON TRAVEL AND SPEND MORE WITH HYATT

1 The Federal Reserve and Bureau of Economic Analysis. U.S. income distribution and GDP growth data (latest available).

2 Aggregated data based on a Visa Consulting and Analytics study, based on consumer data on Hyatt consumer co-brands acquired in 2025, compared to a relevant benchmark acquired in the same period.

3 For the year ended December 31, 2025.

SLIDE 12: PREMIUM BRANDS, LOYALTY PROGRAM, AND CUSTOMER BASE DRIVE VALUE FOR OUR OWNERS

Figures for the year ended December 31, 2025, unless otherwise noted.

1 Represents RevPAR Index from Smith Travel Research for each respective brand group for the year ended December 31, 2025.

SLIDE 13: MEANINGFUL GROWTH OPPORTUNITIES FOR HYATT ACROSS THE WORLD

The Company’s illustrative financial outlook through 2028 is based on a number of assumptions that are subject to change and many of which are outside the control of the Company. If actual results vary from these assumptions, the Company’s

expectations may change. There can be no assurance that the Company will achieve these results. No disposition or acquisition activity beyond what has been completed as of the date of this presentation has been included in the illustrative outlook.

1 Represents hotels that were open as of December 31, 2025.

2 Represents hotels that were open or part of the executed hotel pipeline as of December 31, 2025.

3 Identified markets represent growth opportunities based on Hyatt’s runway for growth, primarily in markets where Hyatt is underrepresented relative to its closest peers across Hyatt’s existing brand portfolio.

Markets as defined by Smith Travel Research: “A geographic area normally composed of a Metropolitan Statistical Area.”

SLIDE 15: ESSENTIALS BRAND FOCUS IN ACTION: HYATT SELECT

Figures as of March 31, 2026, unless otherwise noted.

SLIDE 16: LUXURY BRAND FOCUS IN ACTION: PARK HYATT NEW YORK

1 As of March 31, 2026, for the trailing 12 months.

2 Figures for the year ended December 31, 2023, compared to the year ended December 31, 2025.

SLIDE 19: SUSTAINED DURABLE COMPETITIVE ADVANTAGES LEAD TO:

INVESTOR DAY 2026

REFERENCES

SLIDE 23: OUR BRANDS ATTRACT MORE AFFLUENT, HIGHER-SPENDING GUESTS

Aggregated data based on a Visa Consulting and Analytics study, based on consumer data on Hyatt consumer co-brands acquired in 2025, compared to a relevant benchmark acquired in the same period.

SLIDE 25: INFUSING WELLBEING INTO MEETINGS & EVENTS IS DRIVING DIFFERENTIATION AT SCALE

1 Global Wellness Institute, Global Wellness Economy Monitor, 2025.

2 Miraval Humin Study, 2026.

3 Hyatt Guest Satisfaction Study, 2025.

4 Hyatt Salesforce global enterprise consumer data, 2025.

SLIDE 34: INCLUSIVE COLLECTION EXPANDS OUR REACH AND DIFFERENTIATION

Figures for the year ended December 31, 2025, unless otherwise noted.

1 Hyatt-commissioned Skift survey (U.S. & Canada), 2025.

SLIDE 39: GUEST OF HONOR DELIVERS NEW HIGH-VALUE MEMBERS

1 Trailing 24 months ending March 31, 2026.

SLIDE 40: THE FASTEST GROWING LOYALTY PROGRAM DELIVERING SCALE AND IMPACT

Growth rate figures are for periods ending March 31, 2026, compared to the period ending December 31, 2022.

SLIDE 41: MEMBERS ARE MORE VALUABLE THAN EVER

Growth rate figures are for the full year for periods ending December 31, 2025, compared to the period ending December 31, 2022.

SLIDE 42: MORE STAYS, MORE SPEND, AT MORE BRANDS

Figures for the year ended December 31, 2025, unless otherwise noted.

1 New active members whose first stay occurred between March 31, 2024 and February 28, 2026, and who have stayed two or more times in the past two years.

SLIDE 45: CREDIT CARD PORTFOLIO DELIVERS HIGHEST VALUE, PREMIUM GUESTS

1 For the year ended December 31, 2025.

2 Aggregated data based on a Visa Consulting and Analytics study, based on consumer data on Hyatt consumer co-brands acquired in 2025, compared to a relevant benchmark acquired in the same period.

INVESTOR DAY 2026

REFERENCES

SLIDE 56: HYATT HAS BUILT A DIFFERENTIATED GROWTH PLATFORM

1 Net Rooms Growth CAGR is calculated from the year ended December 31, 2017 to the year ended December 31, 2025.

2 Organic Net Room Growth CAGR excludes rooms associated with the asset-light acquisitions of Two Roads Hospitality, Apple Leisure Group (inclusive of the UVC Transaction), Dream Hotel Group, Me and All Hotels, Standard International, Playa

Hotels, and the Bahia Principe Transaction.

SLIDE 57: HYATT IS WELL POSITIONED IN PREMIUM SEGMENTS

Luxury and resort rooms as defined by Smith Travel Research chain scale classification. Lifestyle includes Alila, Andaz, Bunkhouse Hotels, Dream Hotels, Hyatt Centric, JdV by Hyatt, Me and All Hotels, The Standard, The Standard X, The Unbound

Collection by Hyatt, and Thompson Hotels brands.

SLIDE 58: HYATT HAS STRENGTHENED TOP MARKET COVERAGE, WITH SIGNIFICANT WHITESPACE FOR CONTINUED GROWTH

1 Based on Smith Travel Research Global Census as of December 31, 2025. Global market ranking determined by aggregate room count.

Markets as defined by Smith Travel Research: “A geographic area normally composed of a Metropolitan Statistical Area.”

2 As of December 31, 2025.

3 Peers referenced include Hilton Worldwide Holdings Inc., Marriott International Inc., and IHG Hotels & Resorts.

SLIDE 59: GROWTH AT HYATT DRIVES HIGH-QUALITY, DURABLE VALUE CREATION FOR ALL STAKEHOLDERS

1 Calculated as gross fees divided by total room count for the year ended December 31, 2025. Peers referenced include Hilton Worldwide Holdings Inc., Marriott International Inc., and IHG Hotels & Resorts.

SLIDE 60: DIFFERENTIATED WAYS HYATT CAN DELIVER COMPOUNDING, HIGH-QUALITY, DURABLE GROWTH

SLIDE 62: PREMIUM SEGMENTS: LUXURY, LIFESTYLE, & RESORTS REMAIN A CRUCIAL VALUE LEVER

Figures for the year ended December 31, 2025, unless otherwise noted.

1 Based on member spend for the period from March 31, 2024 through February 28, 2026 for the Luxury, Lifestyle, and Inclusive classifications according to Hyatt’s brand portfolio grouping as of March 31, 2026.

2 Based on Smith Travel Research Global Census as of December 31, 2025. Global market ranking determined by aggregate room count. Peers referenced include Hilton Worldwide Holdings Inc., Marriott International Inc., and IHG Hotels & Resorts.

SLIDE 63: SCALABLE BRANDS: ESSENTIALS DRIVING ACCELERATED NET ROOMS GROWTH

Figures for the respective years ended December 31, unless otherwise noted.

1 Summerfield Suites was acquired in 2006 and rebranded to Hyatt House in 2011.

INVESTOR DAY 2026

REFERENCES

SLIDE 64: POSITIONED TO WIN IN HIGH-GROWTH REGIONS

Figures for the year ended December 31, 2025, unless otherwise noted.

1 Based on Smith Travel Research Global Census as of December 31, 2025. Sub-markets as defined by Smith Travel Research.

2 Year ended December 31, 2025 compared to year ended December 31, 2024.

SLIDE 65: WHERE WE ARE TODAY

Figures for the year ended December 31, 2025.

Sub-markets as defined by Smith Travel Research. Closest peers referenced include Hilton Worldwide Holdings Inc., Marriott International Inc., and IHG Hotels & Resorts.

SLIDE 66: HYATT’S DIFFERENTIATED BRANDS AND STRONG PERFORMANCE POSITION IT TO CAPTURE SHARE IN UNDERREPRESENTED MARKETS

Global opportunity represents Hyatt’s runway for growth, primarily in markets where Hyatt is underrepresented relative to its closest peers across Hyatt’s existing brand portfolio.

SLIDE 71: SINCE INVESTOR DAY 2023, WE HAVE TRANSFORMED THE BUSINESS AND DELIVERED STRONG RESULTS

1 Organic CAGR excludes fees associated with the asset-light acquisitions of Dream Hotel Group, Me and All Hotels, Standard International, Playa Hotels, the Bahia Principe Transaction, and the UVC Transaction.

2 Excludes the impact of the period of ownership of the Playa assets in 2025. Asset-Light Earnings Mix has been adjusted for all years to exclude the pro rata share of JV EBITDA.

3 2025 figures exclude impact of the Playa Hotel Acquisition. Three-year average for full years 2023, 2024, and 2025.

SLIDE 72: WHILE RETURNING SIGNIFICANT CAPITAL TO SHAREHOLDERS AND REDUCING SHARE COUNT BY 11% SINCE 2022

1 Net of cash disposed, cash paid for transaction costs, cash paid or received for proration adjustments, and/or debt assumed by the buyer, as applicable.

SLIDE 73: ENHANCING SHAREHOLDER VALUE INTO THE FUTURE

SLIDE 74: PREMIUM REVPAR GROWTH AND STRONG NET ROOMS GROWTH DRIVES FEES

INVESTOR DAY 2026

REFERENCES

SLIDE 75: GROSS FEES CONTINUE TO DELIVER STRONG GROWTH RATES

SLIDE 76: OTHER MODEL ASSUMPTIONS

SLIDE 77: 2028 ILLUSTRATIVE ADJUSTED EBITDA† AND ADJUSTED FREE CASH FLOW† OUTLOOK

1 Reflects a reduction of $78 million in 2025 owned and leased segment Adjusted EBITDA to account for the period of ownership of hotels acquired as part of the Playa Hotels Acquisition and the impact of assets sold in 2025.

2 Reflects Adjusted Free Cash excluding the impact of the Playa Hotels Acquisition.

SLIDE 78: COMMITTED TO INVESTMENT GRADE WITH CAPACITY FOR ADDITIONAL DEBT STARTING IN 2028

Total debt figures as of March 31, 2026.

1 Chart excludes $51 million of variable rate term loan, $19 million of floating average rate loan, $3 million of finance lease obligations, $32 million of unamortized discounts and deferred financing fees, as well as Hyatt’s revolving credit facility.

SLIDE 79: DURABLE EARNINGS AND FREE CASH FLOW† TO ENHANCE SHAREHOLDER VALUE

SLIDE 80: BALANCED CAPITAL ALLOCATION STRATEGY TO ENHANCE SHAREHOLDER VALUE

Share repurchases may be made from time to time in the open market, in privately negotiated transactions, or otherwise, including pursuant to a Rule 10b5-1 plan or an accelerated share repurchase transaction, at prices that the Company deems

appropriate and subject to market conditions, applicable law, and other factors deemed relevant in the Company's sole discretion. The common stock repurchase program applies to the Company's Class A common stock and/or the Company's Class B

common stock. The share repurchase program does not obligate the Company to repurchase any dollar amount or number of shares, and the program may be suspended or discontinued at any time and does not have an expiration date.

SLIDE 82: HIGHLY VALUED OWNED HOTEL PORTFOLIO

1 Value is based on the estimated gross sales price of the asset and does not include the value of the fee stream that Hyatt could retain upon sale of the asset.

2 Number of hotels remaining in the owned and leased portfolio. Leases are not included in the estimated value remaining or the hotel count.

3 Reflects a reduction of $78 million in 2025 owned and leased segment Adjusted EBITDA to account for period of ownership of hotels acquired as part of the Playa Hotels Acquisition and the impact of assets sold in 2025.

INVESTOR DAY 2026

REFERENCES

SLIDE 83: WE HAVE INVESTMENTS TO UNLOCK FURTHER VALUE

1 Approximate value as of March 31, 2026.

SLIDE 84: SUSTAINED DURABLE COMPETITIVE ADVANTAGES LEAD TO

APPENDIX

INVESTOR DAY 2026

DISCLAIMERS

Forward-Looking Statements

financial outlook through 2028, our investment grade credit profile, our incremental debt capacity, growth trends, expectations and investments, growth location opportunities, pipeline expectations, revenue expectations, fee-based earnings expectations, the number of properties

we expect to open in the future, any future share repurchases under the additional repurchase authorization, future dividend expectations, our expectations for the World of Hyatt loyalty program, the amount by which the Company may reduce its real estate asset base and the

timeframe for such dispositions, the expected valuations of the Company’s owned assets, financial performance, prospects or future events, and involve known and unknown risks that are difficult to predict. As a result, our actual results, performance or achievements may differ

materially from those expressed or implied by these forward-looking statements. In some cases, you can identify forward-looking statements by the use of words such as "may," "could," "expect," "intend," "plan," "seek," "anticipate," "believe," "estimate," "predict," "potential,"

"continue," "likely," "will" "would, “position” and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Such forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable by

us and our management, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: general economic uncertainty in key global markets and a worsening of global economic conditions or low levels of

economic growth; the rate and pace of economic recovery following economic downturns; global supply chain constraints and interruptions, rising costs of construction-related labor and materials, and increases in costs due to inflation or other factors that may not be fully offset by

increases in revenues in our business; risks affecting the luxury, resort, and all-inclusive lodging segments; levels of spending in business, leisure, and group segments, as well as consumer confidence; declines in occupancy and average daily rate; limited visibility with respect to

future bookings; loss of key personnel; domestic and international political and geopolitical conditions, including political or civil unrest or changes in trade policy; the impact of global tariff policies or regulations; economic sanctions or other government restrictions that may limit

our ability to conduct business or receive payments; hostilities, or fear of hostilities, including the ongoing military conflict in the Middle East and security-related disruptions in Mexico, as well as terrorist attacks or other acts of violence, that affect travel; travel-related accidents;

natural or man-made disasters, weather and climate-related events, such as hurricanes, earthquakes, tsunamis, tornadoes, droughts, floods, wildfires, oil spills, nuclear incidents, and global outbreaks of pandemics or contagious diseases, or fear of such outbreaks; the impact of

government-issued travel advisories, airspace closures, or flight suspensions on international arrivals and hotel bookings in affected regions; our ability to successfully achieve specified levels of operating profits at hotels that have performance tests or guarantees in favor of our

third-party owners; the impact of hotel renovations and redevelopments; risks associated with our capital allocation plans, share repurchase program, and dividend payments, including a reduction in, or elimination or suspension of, repurchase activity or dividend payments; the

seasonal and cyclical nature of the real estate and hospitality businesses; changes in distribution arrangements, such as through internet travel intermediaries; changes in the tastes and preferences of our customers; relationships with colleagues and labor unions and changes in

labor laws; the financial condition of, and our relationships with, third-party owners, franchisees, and hospitality venture partners; the possible inability of third-party owners, franchisees, or development partners to access the capital necessary to fund current operations or

implement our plans for growth; risks associated with potential acquisitions and dispositions and our ability to successfully integrate completed acquisitions with existing operations or realize anticipated synergies; failure to successfully complete proposed transactions, including

the failure to satisfy closing conditions or obtain required approvals; our ability to maintain effective internal control over financial reporting and disclosure controls and procedures; declines in the value of our real estate assets; unforeseen terminations of our management and

hotel services agreements or franchise agreements; changes in federal, state, local, or foreign tax law; increases in interest rates, wages, and other operating costs; foreign exchange rate fluctuations or currency restructurings; risks associated with the introduction of new brand

concepts, including lack of acceptance of new brands or innovation; general volatility of the capital markets and our ability to access such markets; changes in the competitive environment in our industry, industry consolidation, and the markets where we operate; our ability to

successfully grow the World of Hyatt loyalty program and manage the Unlimited Vacation Club paid membership program; cyber incidents and information technology failures; outcomes of legal or administrative proceedings; and violations of regulations or laws related to our

franchising business and licensing businesses and our international operations; and other risks discussed in the Company's filings with the SEC, including our annual report on Form 10-K, which filings are available from the SEC. All forward-looking statements attributable to us or

persons acting on our behalf are expressly qualified in their entirety by the cautionary statements set forth above. We caution you not to place undue reliance on any forward-looking statements, which are made only as of the date of this presentation. We do not undertake or

assume any obligation to update publicly any of these forward-looking statements to reflect actual results, new information or future events, changes in assumptions or changes in other factors affecting forward-looking statements, except to the extent required by applicable law. If

we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements.

Non-GAAP Financial Measures

("GAAP"). These non-GAAP financial measures have important limitations and should not be considered in isolation or as a substitute for measures of the Company's financial performance prepared in accordance with GAAP. In

addition, these non-GAAP financial measures, as presented, may not be comparable to similarly titled measures of other companies due to varying methods of calculations.

results to provide comparability.

Key Business Metrics

This presentation includes references to certain key business metrics used by the Company; each identified with the symbol "◊". For how we define these metrics, please refer to the definitions beginning on slide 3 of this

presentation.

INVESTOR DAY 2026

DEFINITIONS

Adjusted Earnings Before Interest Expense, Taxes, Depreciation, and Amortization ("Adjusted EBITDA"): We use the term Adjusted EBITDA throughout this Investor Presentation. Adjusted EBITDA, as we define it, is a non-GAAP measure. We define Adjusted EBITDA as

net income (loss) attributable to Hyatt Hotels Corporation plus net income (loss) attributable to noncontrolling interests, adjusted to exclude the following items:

• payments to customers (“contra revenue”), including performance cure payments and amortization of management and hotel services agreement and franchise agreement assets (“key money assets”);

• revenues for reimbursed costs;

• reimbursed costs that we intend to recover over the long term;

• stock-based compensation expense;

• transaction and integration costs;

• depreciation and amortization;

• equity earnings (losses) from unconsolidated hospitality ventures;

• interest expense;

• gains (losses) on sales of real estate and other;

• asset impairments;

• other income (loss), net; and

• benefit (provision) for income taxes.

We calculate consolidated Adjusted EBITDA by adding the Adjusted EBITDA of each of our reportable segments and eliminations to unallocated overhead expenses.

Our board of directors and executive management team focus on Adjusted EBITDA as one of the key performance and compensation measures both on a segment and on a consolidated basis. Adjusted EBITDA assists us in comparing our performance over various reporting

periods on a consistent basis because it removes from our operating results the impact of items that do not reflect our core operations both on a segment and on a consolidated basis. Our Chairman, President and Chief Executive Officer, who is our chief operating decision maker

(“CODM”), also evaluates the performance of each of our reportable segments and determines how to allocate resources to those segments, in part, by assessing the Adjusted EBITDA of each segment. In addition, the talent and compensation committee of our board of directors

determines the annual variable compensation and long-term incentive compensation for certain members of our management based in part on financial measures including and/or derived from consolidated Adjusted EBITDA, segment Adjusted EBITDA, or some combination of

both.

We believe Adjusted EBITDA is useful to investors because it provides investors with the same information that we use internally for purposes of assessing our operating performance and making compensation decisions and facilitates our comparison of results with our prior-period and forecasted results as well as our industry and competitors.

Adjusted EBITDA excludes certain items that can vary widely across different industries and among companies within the same industry, including interest expense and benefit or provision for income taxes, which are dependent on company specifics, including capital structure,

credit ratings, tax policies, and jurisdictions in which they operate; depreciation and amortization, which are dependent on company policies including how the assets are utilized as well as the lives assigned to the assets; contra revenue, which is dependent on company policies

and strategic decisions regarding payments to hotel owners; and stock-based compensation expense, which varies among companies as a result of different compensation plans companies have adopted.

We exclude revenues for reimbursed costs and reimbursed costs which relate to the reimbursement of payroll costs and system-wide services and programs that we operate for the benefit of our hotel owners as contractually we do not provide services or operate the related

programs to generate a profit or bear a loss over the long term. If we collect amounts in excess of amounts spent, we have a commitment to our hotel owners to spend these amounts on the related system-wide services and programs. Additionally, if we spend in excess of

amounts collected, we have a contractual right to adjust future collections or expenditures to recover prior-period costs. These timing differences are due to our discretion to spend in excess of revenues earned or less than revenues earned in a single period to ensure that the

system-wide services and programs are operated in the best long-term interests of our hotel owners. Over the long term, these programs and services are not designed to impact our economics, either positively or negatively, and instead are designed to result in a cumulative

break-even balance. Therefore, we exclude the net impact when evaluating period-over-period changes in our operating results. Adjusted EBITDA includes reimbursed costs related to system-wide services and programs that we do not intend to recover from hotel owners.

Finally, we exclude other items that are not core to our operations and may vary in frequency or magnitude, such as transaction and integration costs, asset impairments, unrealized and realized gains and losses on marketable securities, and gains and losses on sales of real

estate and other.

Adjusted EBITDA is not a substitute for net income (loss) attributable to Hyatt Hotels Corporation, net income (loss), or any other measure prescribed by GAAP. There are limitations to using non-GAAP measures such as Adjusted EBITDA. Although we believe that Adjusted

EBITDA can make an evaluation of our operating performance more consistent because it removes items that do not reflect our core operations, other companies in our industry may define Adjusted EBITDA differently than we do. As a result, it may be difficult to use Adjusted

EBITDA or similarly named non-GAAP measures that other companies may use to compare the performance of those companies to our performance. Because of these limitations, Adjusted EBITDA should not be considered as a measure of the income or loss generated by our

business. Our management compensates for these limitations by referencing our GAAP results and using Adjusted EBITDA supplementally.

INVESTOR DAY 2026

DEFINITIONS

Adjusted General and Administrative Expenses: Adjusted general and administrative expenses, as we define it, is a non-GAAP measure. Adjusted general and administrative expenses excludes the impact of deferred compensation plans funded through rabbi trusts and stock-based compensation expense. Adjusted general and administrative expenses assists us in comparing our performance over various reporting periods on a consistent basis because it removes from our operating results the impact of items that do not reflect our core operations,

both on a segment and consolidated basis.

Asset-Light Earnings Mix: Asset-Light Earnings Mix is calculated as Adjusted EBITDA from the management and franchising segment and distribution segment divided by Adjusted EBITDA, excluding overhead and eliminations. Our management uses this calculation to assess

the composition of the Company's earnings.

Average Daily Rate ("ADR"): ADR represents hotel room revenues divided by the total number of rooms sold in a given period. ADR measures the average room price attained by a property, and ADR trends provide useful information concerning the pricing environment and the

nature of the customer base of a property or group of properties. ADR is a commonly used performance measure in our industry, and we use ADR to assess the pricing levels that we are able to generate by customer group, as changes in rates have a different effect on overall

revenues and incremental profitability than changes in occupancy, as described below.

Bahia Principe Transaction: During the year ended December 31, 2024, the Company entered into a shareholders' agreement with an unrelated third party and acquired 50% of the outstanding shares of Management Hotelero Piñero, S.L. The joint venture, which is a variable

interest entity, owns the Bahia Principe brand and manages Bahia Principe Hotels & Resorts-branded properties. As we are the primary beneficiary of the joint venture, we consolidate the operating results and financial position of the entity in our consolidated financial statements.

Free Cash Flow and Adjusted Free Cash Flow: Free Cash Flow represents net cash provided by operating activities less capital expenditures. Adjusted Free Cash Flow represents Free Cash Flow less estimated cash taxes on asset sales and costs associated with the Playa

Hotels Acquisition. We believe Free Cash Flow and Adjusted Free Cash Flow to be useful liquidity measures to us and investors to evaluate the ability of our operations to generate cash for uses other than capital expenditures, cash taxes on asset sales, and costs associated

with the Playa Hotels Acquisition and, after debt service and other obligations, our ability to grow our business through acquisitions and investments, as well as our ability to return cash to shareholders through dividends and share repurchases. Free Cash Flow and Adjusted Free

Cash Flow are not necessarily representative of how we will use excess cash. Free Cash Flow and Adjusted Free Cash Flow are not substitutes for net cash provided by operating activities or any other measure prescribed by GAAP. There are limitations to using non-GAAP

measures such as Free Cash Flow and Adjusted Free Cash Flow, and management compensates for these limitations by referencing our GAAP results and using Free Cash Flow and Adjusted Free Cash Flow supplementally.

Net Package ADR: Net Package ADR represents net package revenues divided by the total number of rooms sold in a given period. Net package revenues generally include revenue derived from the sale of packages at all-inclusive resorts comprised of rooms, food and

beverage, and entertainment revenues, net of compulsory tips paid to employees. Net Package ADR measures the average room price attained by a property, and Net Package ADR trends provide useful information concerning the pricing environment and the nature of the

customer base of a property or group of properties. Net Package ADR is a commonly used performance measure in our industry, and we use Net Package ADR to assess the pricing levels that we are able to generate by customer group, as changes in rates have a different

effect on overall revenues and incremental profitability than changes in occupancy, as described below.

Net Package Revenue Per Available Room ("RevPAR"): Net Package RevPAR is the product of the Net Package ADR and the average daily occupancy percentage. Net Package RevPAR generally includes revenue derived from the sale of packages comprised of rooms,

food and beverage, and entertainment revenues, net of compulsory tips paid to employees. Our management uses Net Package RevPAR to identify trend information with respect to room revenues from comparable properties and to evaluate property performance on a

geographical and segment basis. Net Package RevPAR is a commonly used performance measure in our industry. Net Package RevPAR changes that are driven predominantly by changes in occupancy have different implications for overall revenue levels and incremental

profitability than do changes that are driven predominantly by changes in average room rates. For example, increases in occupancy at a property would lead to increases in net package revenues and additional variable operating costs, including housekeeping services, utilities,

and room amenity costs. In contrast, changes in average room rates typically have a greater impact on margins and profitability as average room rate changes result in minimal direct impacts to variable operating costs.

Occupancy: Occupancy represents the total number of rooms sold divided by the total number of rooms available at a property or group of properties. Occupancy measures the utilization of a property's available capacity. We use occupancy to gauge demand at a specific

property or group of properties in a given period. Occupancy levels also help us determine achievable ADR levels as demand for property rooms increases or decreases.

Playa Hotels Acquisition: On June 17, 2025, the Company completed the acquisition of Playa Hotels & Resorts N.V. ("Playa Hotels" or "Playa"), a leading owner, operator, and developer of all-inclusive resorts in Mexico, the Dominican Republic, and Jamaica, for a purchase

price of $13.50 per share, or an enterprise value of approximately $2.6 billion, including approximately $900 million of debt, net of cash acquired.

Playa Real Estate Transaction: On December 30, 2025, affiliates of the Company closed on the sale of the real estate portfolio previously acquired from Playa for approximately $2 billion to Tortuga Resorts ("Tortuga"). As previously disclosed, the Company sold one of these

properties to a separate third-party buyer on September 18, 2025 for $22 million. Between the completion of the earlier sale and the Tortuga transaction, Hyatt has sold the entire Playa real estate portfolio for a total of $2 billion. Hyatt and Tortuga entered into 50-year

management agreements for 13 of 14 properties in the portfolio, with terms consistent with Hyatt's existing all-inclusive fee structure. The remaining property is subject to a separate contractual arrangement.

INVESTOR DAY 2026

DEFINITIONS

RevPAR: RevPAR is the product of the ADR and the average daily occupancy percentage. RevPAR does not include non-room revenues, which consist of ancillary revenues generated by a property, such as food and beverage, parking, and other guest service revenues. Our

management uses RevPAR to identify trend information with respect to room revenues from comparable properties and to evaluate property performance on a geographical and segment basis. RevPAR is a commonly used performance measure in our industry. RevPAR changes

that are driven predominantly by changes in occupancy have different implications for overall revenue levels and incremental profitability than do changes that are driven predominantly by changes in average room rates. For example, increases in occupancy at a property would

lead to increases in room revenues and additional variable operating costs, including housekeeping services, utilities, and room amenity costs, and could also result in increased ancillary revenues, including food and beverage. In contrast, changes in average room rates typically

have a greater impact on margins and profitability as average room rate changes result in minimal direct impacts to variable operating costs.

UVC Transaction: During the year ended December 31, 2024, we completed a restructuring of the entity that owns the Unlimited Vacation Club paid membership program business and sold 80% of the entity to an unrelated third party for $80 million. As a result of the transaction,

we deconsolidated the entity as we no longer have a controlling financial interest, and we account for our remaining 20% ownership interest as an equity method investment in an unconsolidated hospitality venture (the “UVC Transaction”). We continue to manage the Unlimited

Vacation Club business under a long-term management agreement and license and royalty agreement. The operating results of the Unlimited Vacation Club business prior to the UVC Transaction are reported within our distribution segment.

INVESTOR DAY 2026

2028 ILLUSTRATIVE OUTLOOK

(a) Reflects a reduction of $78 million in 2025 owned and leased segment Adjusted EBITDA to account for period of ownership of hotels acquired as part of the Playa Hotels Acquisition and the

impact of assets sold in 2025. During the three months ended March 31, 2026, the Company revised its definition of Adjusted EBITDA to no longer include pro rata share of unconsolidated

hospitality owned and leased ventures’ Adjusted EBITDA and recast prior-period results to provide comparability.

(b) Reflects Capital Expenditures and Adjusted Free Cash Flow for year ended December 31, 2025 for Hyatt (ex-Playa). Please see slide 8 for details.

Illustrative

2028 Outlook 2025 2025-2028 CAGR

System-wide Hotels RevPAR Growth 2.0% to 4.0%

Net Rooms Growth 6.0% to 8.0%

(in millions)

Net income (loss) attributable to Hyatt Hotels Corporation $490 - $635 $(52)

Gross Fees $1,550 - $1,710 $1,198 9% to 13%

Adjusted G&A Expenses $465 - $475 $445 (2)% to (1)%

Adjusted EBITDA (a) $1,400 - $1,585 $1,025 11% to 16%

Capital Expenditures (b) Approx. $140 $148 Approx. (2)%

Adjusted Free Cash Flow (b) $775 - $875 $527 14% to 18%

INVESTOR DAY 2026

NON-GAAP MEASURES RECONCILIATION

RECONCILIATION OF NET INCOME (LOSS) ATTRIBUTABLE TO HYATT HOTELS CORPORATION TO ADJUSTED EBITDA

2022 – 2025

(a) Includes amounts recognized in general and administrative expenses, owned and leased expenses, and distribution expenses; excludes amounts recognized in transaction and integration costs.

(b) During the three months ended March 31, 2026, the Company revised its definition of Adjusted EBITDA to no longer include pro rata share of unconsolidated hospitality owned and leased ventures’

Adjusted EBITDA and recast prior-period results to provide comparability.

(in millions) Year Ended December 31,

2022 2023 2024 2025

Net income (loss) attributable to Hyatt Hotels Corporation $ 455 $ 220 $ 1,296 $ (52)

Contra revenue 31 47 69 86

Revenues for reimbursed costs (2,620) (3,058) (3,352) (3,629)

Reimbursed costs 2,632 3,144 3,457 3,682

Stock-based compensation expense (a) 60 75 62 68

Transaction and integration costs 35 42 42 173

Depreciation and amortization 426 397 333 325

Equity (earnings) losses from unconsolidated hospitality ventures (5) 1 (31) 46

Interest expense 150 145 180 317

(Gains) losses on sales of real estate and other (263) (18) (1,245) 15

Asset impairments 38 30 213 40

Other (income) loss, net 34 (124) (257) (101)

(Benefit) provision for income taxes (92) 90 267 130

Net income attributable to noncontrolling interests — — — 3

Adjusted EBITDA (b) $ 881 $ 991 $ 1,034 $ 1,103

INVESTOR DAY 2026

NON-GAAP MEASURES RECONCILIATION

RECONCILIATION OF NET INCOME (LOSS) ATTRIBUTABLE TO HYATT HOTELS CORPORATION TO ADJUSTED EBITDA

2025

(a) Includes amounts incurred specifically related to Playa, including amounts recognized by Playa during Hyatt's period of ownership; amounts recognized by Hyatt prior to

and following the completion of the acquisition; and amounts related to the Playa Real Estate Transaction.

(b) Includes amounts recognized in general and administrative expenses, owned and leased expenses, and distribution expenses; excludes amounts recognized in

transaction and integration costs.

(c) During the three months ended March 31, 2026, the Company revised its definition of Adjusted EBITDA to no longer include pro rata share of unconsolidated hospitality

owned and leased ventures’ Adjusted EBITDA and recast prior-period results to provide comparability.

(in millions)

Hyatt (ex-Playa) Playa (a) Consolidated

Net income (loss) attributable to Hyatt Hotels Corporation $ 161 $ (213) $ (52)

Contra revenue 86 — 86

Revenues for reimbursed costs (3,629) — (3,629)

Reimbursed costs 3,682 — 3,682

Stock-based compensation expense (b) 64 4 68

Transaction and integration costs 32 141 173

Depreciation and amortization 324 1 325

Equity (earnings) losses from unconsolidated hospitality ventures 46 — 46

Interest expense 206 111 317

(Gains) losses on sales of real estate and other (19) 34 15

Asset impairments 40 — 40

Other (income) loss, net (101) — (101)

Provision for income taxes 130 — 130

Net income attributable to noncontrolling interests 3 — 3

Adjusted EBITDA (c) $ 1,025 $ 78 $ 1,103

Year Ended December 31, 2025

INVESTOR DAY 2026

NON-GAAP MEASURES RECONCILIATION

2025 ADJUSTED EBITDA AS REPORTED TO 2025 ADJUSTED EBITDA BASELINE AFTER ADJUSTING FOR ASSET SALES

(a) During the three months ended March 31, 2026, the Company revised its definition of Adjusted EBITDA to no longer include its pro rata share of unconsolidated owned and leased hospitality

ventures' Adjusted EBITDA and recast prior-period results to provide comparability.

(b) Represents the owned and leased segment Adjusted EBITDA contribution in each period for hotels that have been sold as of March 31, 2026 and for which the company entered into long-term

management or franchise agreements upon sale; excludes gross fee revenues retained following the sale.

(c) Represents the owned and leased segment Adjusted EBITDA contribution for hotels acquired as part of the Playa Hotels Acquisition that were sold as part of the Playa Real Estate Transaction;

excludes gross fee revenues retained following the sale.

(in millions)

2025 Adjusted EBITDA As Recast (a) $ 1,103

Adjustment to owned and leased segment Adjusted EBITDA from sold assets (b) (5)

Adjustment to owned and leased segment Adjusted EBITDA from sold Playa assets (c) (73)

Total adjustment to owned and leased segment Adjusted EBITDA from sold assets (78)

2025 Adjusted EBITDA Baseline $ 1,025

Year Ended

December 31, 2025

INVESTOR DAY 2026

NON-GAAP MEASURES RECONCILIATION

RECONCILIATION OF NET CASH PROVIDED BY OPERATING ACTIVITIES TO FREE CASH FLOW AND ADJUSTED FREE CASH FLOW

2022 – 2025

(a) Includes cash paid for transaction and integration costs, interest on the delayed draw term loan facility, and other costs associated with the acquisition.

(in millions) Year Ended December 31,

2022 2023 2024 2025

Net cash provided by operating activities $ 674 $ 800 $ 633 $ 379

Capital expenditures (201) (198) (170) (220)

Free Cash Flow $ 473 $ 602 $ 463 $ 159

Cash taxes on asset sales — — 77 117

Costs associated with the Playa Hotel Acquisition (a) — — — 198

Adjusted Free Cash Flow $ 473 $ 602 $ 540 $ 474

INVESTOR DAY 2026

NON-GAAP MEASURES RECONCILIATION

RECONCILIATION OF NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES TO FREE CASH FLOW AND ADJUSTED FREE CASH FLOW

2025

(a) Includes cash paid for transaction and integration costs, interest on the delayed draw term loan facility, and other costs associated with the acquisition.

(in millions)

Hyatt (ex-Playa) Playa Consolidated

Net cash provided by (used in) operating activities $ 558 $ (179) $ 379

Capital expenditures (148) (72) (220)

Free Cash Flow $ 410 $ (251) $ 159

Cash taxes on asset sales 117 — 117

Costs associated with the Playa Hotel Acquisition (a) — 198 198

Adjusted Free Cash Flow $ 527 $ (53) $ 474

Year Ended December 31, 2025

INVESTOR DAY 2026

NON-GAAP MEASURES RECONCILIATION

ILLUSTRATIVE OUTLOOK: NET INCOME ATTRIBUTABLE TO HYATT HOTELS CORPORATION TO ADJUSTED EBITDA

2028E

(a) Reimbursed costs are presented net of revenues for reimbursed costs as the Company cannot forecast the gross amounts without unreasonable effort.

(b) Includes amounts recognized in general and administrative expenses and distribution expenses; excludes amounts recognized in transaction and integration costs.

The Company’s illustrative financial outlook through 2028 is based on a number of assumptions that are subject to change and many of which are outside the control of the Company.

If actual results vary from these assumptions, the Company’s expectations may change. There can be no assurance that the Company will achieve these results. No disposition or

acquisition activity beyond what has been completed as of the date of this presentation has been included in the illustrative outlook. 12

(in millions)

Low Case High Case

Net income attributable to Hyatt Hotels Corporation $ 490 $ 635

Contra revenue 75 85

Reimbursed costs, net (a) 110 70

Stock-based compensation expense (b) 60 70

Transaction and integration costs 20 10

Depreciation and amortization 310 310

Equity (earnings) losses from unconsolidated hospitality ventures 5 5

Interest expense 265 290

Asset impairments — —

Other (income) loss, net (140) (160)

Provision for income taxes 205 265

Net income attributable to noncontrolling interests — 5

Adjusted EBITDA $ 1,400 $ 1,585

Year Ending December 31, 2028

Outlook Range

INVESTOR DAY 2026

NON-GAAP MEASURES RECONCILIATION

ILLUSTRATIVE OUTLOOK: NET INCOME ATTRIBUTABLE TO HYATT HOTELS CORPORATION TO ADJUSTED EBITDA

2026E – 2028E

(a) Reimbursed costs are presented net of revenues for reimbursed costs as the Company cannot forecast the gross amounts without unreasonable effort.

(b) Includes amounts recognized in general and administrative expenses, and distribution expenses; excludes amounts recognized in transaction and integration costs.

The Company’s illustrative financial outlook through 2028 is based on a number of assumptions that are subject to change and many of which are outside the control of the Company.

If actual results vary from these assumptions, the Company’s expectations may change. There can be no assurance that the Company will achieve these results. No disposition or

acquisition activity beyond what has been completed as of the date of this presentation has been included in the illustrative outlook. 13

(in millions)

Low Case High Case

Net income attributable to Hyatt Hotels Corporation $ 1,170 $ 1,505

Contra revenue 219 239

Reimbursed costs, net (a) 330 210

Stock-based compensation expense (b) 185 205

Transaction and integration costs 90 60

Depreciation and amortization 930 930

Equity (earnings) losses from unconsolidated hospitality ventures 15 15

Interest expense 785 820

Asset impairments 21 21

Other (income) loss, net (400) (460)

Provision for income taxes 485 605

Net income attributable to noncontrolling interests — 15

Adjusted EBITDA $ 3,830 $ 4,165

2026-2028 Cumulative Illustrative

Outlook Ranges

INVESTOR DAY 2026

NON-GAAP MEASURES RECONCILIATION

ILLUSTRATIVE OUTLOOK: NET CASH PROVIDED BY OPERATING ACTIVITIES TO FREE CASH FLOW AND ADJUSTED FREE CASH FLOW

2028E

(a) Includes taxes and other costs related to the Playa Hotels Acquisition.

The Company’s illustrative financial outlook through 2028 is based on a number of assumptions that are subject to change and many of which are outside the control of the Company.

If actual results vary from these assumptions, the Company’s expectations may change. There can be no assurance that the Company will achieve these results. No disposition or

acquisition activity beyond what has been completed as of the date of this presentation has been included in the illustrative outlook. 14

(in millions)

Low Case High Case

Net cash provided by operating activities $ 910 $ 1,015

Capital expenditures (135) (140)

Free Cash Flow $ 775 $ 875

Cash taxes on asset sales — —

Costs associated with the Playa Hotels Acquisition (a) — —

Adjusted Free Cash Flow $ 775 $ 875

Year Ending December 31, 2028

Outlook Range

INVESTOR DAY 2026

NON-GAAP MEASURES RECONCILIATION

ILLUSTRATIVE OUTLOOK: NET CASH PROVIDED BY OPERATING ACTIVITIES TO FREE CASH FLOW AND ADJUSTED FREE CASH FLOW

2026E - 2028E

(a) Includes taxes and other costs related to the Playa Hotels Acquisition.

The Company’s illustrative financial outlook through 2028 is based on a number of assumptions that are subject to change and many of which are outside the control of the Company.

If actual results vary from these assumptions, the Company’s expectations may change. There can be no assurance that the Company will achieve these results. No disposition or

acquisition activity beyond what has been completed as of the date of this presentation has been included in the illustrative outlook. 15

(in millions)

Low Case High Case

Net cash provided by operating activities $ 2,373 $ 2,603

Capital expenditures (405) (420)

Free Cash Flow $ 1,968 $ 2,183

Cash taxes on asset sales 4 4

Costs associated with the Playa Hotels Acquisition (a) 83 83

Adjusted Free Cash Flow $ 2,055 $ 2,270

2026-2028 Cumulative Illustrative

Outlook Ranges

EX-99.2 — EXHIBIT 99.2

EX-99.2

Filename: tm2615108d1_ex99-2.htm · Sequence: 3

Exhibit 99.2

Hyatt Hotels Corporation Investor Day Highlights

Strategy Driven by Premium Position and Differentiation at Scale

Premium brand and differentiation at scale position

Hyatt to build on strong momentum, compound durable growth and expand long-term shareholder value

Illustrative financial outlook includes 11-16%

Adjusted EBITDA growth and 14-18% Adjusted Free Cash Flow growth annually over three-year period through 2028

$1 billion increase in share repurchase authorization

CHICAGO, IL – May 28, 2026 – Hyatt Hotels Corporation (the

“Company”) (NYSE: H) today will highlight its strategy and illustrative financial outlook at its 2026 Investor Day, outlining

the Company’s competitive advantages and how they position Hyatt to deliver durable long-term value to colleagues, guests, owners,

and shareholders.

“For nearly 70 years, Hyatt has made bold moves, set new standards,

and redefined norms,” said Mark Hoplamazian, Chairman, President and Chief Executive Officer of Hyatt. “Today, Hyatt’s

differentiated premium positioning is stronger than ever. As we continue to elevate our brands, talent, and technology, we believe Hyatt

is uniquely positioned to win by being the most responsive, innovative, and highest-performing hospitality company.”

Key themes include:

· Differentiation at Scale: Hyatt’s global portfolio of premium

brands positions the company to serve high-end travelers in each brand segment across a wide range of stay occasions

· Elevating Our Brands: Hyatt’s insights-led, brand-focused organization

drives performance, enabled by talent and powered by technology

· Expanding Our Differentiated Footprint: Hyatt is well represented

in key global markets, with significant pipeline and substantial opportunity for further expansion

· Delivering Sustainable Long-Term Value for Shareholders: Hyatt’s

asset-light model and global brand footprint support consistent, capital-efficient growth and long-term value creation

Illustrative Financial Outlook

“Hyatt’s competitive advantages have positioned the Company

to continue the industry-leading RevPAR growth experienced over the past five years, industry-leading net rooms growth, and compounding

fee growth,” said Joan Bottarini, Chief Financial Officer of Hyatt. “We believe our

compelling growth strategy paves a clear path for consistent compounding

free cash flow growth and significant shareholder value creation well into the future.”

The Company reaffirms its 2026 fiscal year financial outlook previously

provided on April 30, 2026, and introduces its illustrative financial outlook through 2028, along with three-year compounded annual growth

rates (“CAGRs”) from 2025 to 2028 for certain key metrics:

Illustrative

2028 Outlook

2025

2025-2028

CAGR

System-wide Hotels RevPAR Growth

2.0% to 4.0%

Net Rooms Growth

6.0% to 8.0%

(in millions)

Net income (loss) attributable to Hyatt Hotels Corporation

$490 - $635

$ (52 )

Gross Fees

$1,545 - $1,710

$ 1,198

9% to 13%

Adjusted EBITDA (a)

$1,400 - $1,585

$ 1,025

11% to 16%

Adjusted Free Cash Flow (b)

$775 - $875

$ 527

14% to 18%

(a) Reflects a reduction of $78 million in 2025 owned and leased segment Adjusted EBITDA to account for period of ownership of hotels acquired as part of the Playa Hotels Acquisition and the impact of assets sold in 2025. During the three months ended March 31, 2026, the Company revised its definition of Adjusted EBITDA to no longer include pro rata share of unconsolidated hospitality owned and leased ventures’ Adjusted EBITDA and recast prior-period results to provide comparability.

(b) Reflects Capital Expenditures and Adjusted Free Cash Flow for year ended December 31, 2025 for Hyatt (ex-Playa).

No disposition or acquisition activity beyond what has been completed as of the date of this release has been included in the illustrative financial outlook through 2028. The Company’s long-term outlook is based on a number of assumptions that are subject to change and many of which are outside the control of the Company. If actual results vary from these assumptions, the Company’s expectations may change. There can be no assurance that the Company will achieve these results.

The Company also announced a $1 billion increase to Hyatt’s share

repurchase authorization, resulting in a total repurchase authorization of approximately $1.5 billion.

Event and Presentation Details

The Investor Day event will begin at 8:30 a.m. CT and will include

presentations from Hyatt’s leadership team.

Attendance is in person by invitation only. A live webcast and presentation

materials will be available on Hyatt’s Investor Relations website at investors.hyatt.com.

An archive of the webcast will be available on the Company's website.

Forward-Looking Statements

Forward-Looking Statements in this press release, which are

not historical facts, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.

These statements include statements about our plans, strategies, positioning, illustrative financial outlook through 2028 including

expected Adjusted EBITDA and expected Adjusted Free Cash Flow, growth trends and expectations, pipeline expectations, the number of

properties we expect to open in the future, any future share repurchases under the additional repurchase

authorization, financial performance, prospects or future events and involve known and unknown risks that are difficult to

predict. As a result, our actual results, performance or achievements may differ materially from those expressed or implied by these

forward-looking statements. In some cases, you can identify forward-looking statements by the use of words such as "may,"

"could," "expect," "intend," "plan," "seek," "anticipate,"

"believe," "estimate," "predict," "potential," "continue," "likely,"

"will," "would," “position” and variations of these terms and similar expressions, or the negative

of these terms or similar expressions. Such forward-looking statements are necessarily based upon estimates and assumptions that,

while considered reasonable by us and our management, are inherently uncertain. Factors that may cause actual results to differ

materially from current expectations include, but are not limited to: general economic uncertainty in key global markets and a

worsening of global economic conditions or low levels of economic growth; the rate and pace of economic recovery following economic

downturns; global supply chain constraints and interruptions, rising costs of construction-related labor and materials, and

increases in costs due to inflation or other factors that may not be fully offset by increases in revenues in our business; risks

affecting the luxury, resort, and all-inclusive lodging segments; levels of spending in business, leisure, and group segments, as

well as consumer confidence; declines in occupancy and average daily rate; limited visibility with respect to future bookings; loss

of key personnel; domestic and international political and geopolitical conditions, including political or civil unrest or changes

in trade policy; the impact of global tariff policies or regulations; economic sanctions or other government restrictions that may

limit our ability to conduct business or receive payments; hostilities, or fear of hostilities, including the ongoing military

conflict in the Middle East and security-related disruptions in Mexico, as well as terrorist attacks or other acts of violence, that

affect travel; travel-related accidents; natural or man-made disasters, weather and climate-related events, such as hurricanes,

earthquakes, tsunamis, tornadoes, droughts, floods, wildfires, oil spills, nuclear incidents, and global outbreaks of pandemics or

contagious diseases, or fear of such outbreaks; the impact of government-issued travel advisories, airspace closures, or flight

suspensions on international arrivals and hotel bookings in affected regions; our ability to successfully achieve specified levels

of operating profits at hotels that have performance tests or guarantees in favor of our third-party owners; the impact of hotel

renovations and redevelopments; risks associated with our capital allocation plans, share repurchase program, and dividend payments,

including a reduction in, or elimination or suspension of, repurchase activity or dividend payments; the seasonal and cyclical

nature of the real estate and hospitality businesses; changes in distribution arrangements, such as through internet travel

intermediaries; changes in the tastes and preferences of our customers; relationships with colleagues and labor unions and changes

in labor laws; the financial condition of, and our relationships with, third-party owners, franchisees, and hospitality venture

partners; the possible inability of third-party owners, franchisees, or development partners to access the capital necessary to fund

current operations or implement our plans for growth; risks associated with potential acquisitions and dispositions and our ability

to successfully integrate completed acquisitions with existing operations or realize anticipated synergies; failure to successfully

complete proposed transactions, including the failure to satisfy closing conditions or obtain required approvals; our ability to

maintain effective internal control over financial reporting and disclosure controls and procedures; declines in the value of our

real estate assets; unforeseen terminations of our management and hotel services agreements or franchise agreements; changes in

federal, state, local, or foreign tax law; increases in interest rates, wages, and other operating costs; foreign exchange rate

fluctuations or currency restructurings; risks associated with the introduction of new brand concepts, including lack of acceptance

of new brands or innovation; general volatility of the capital markets and our ability to access such markets; changes in the

competitive environment in our industry, industry consolidation, and the markets where we operate; our ability to successfully grow

the World of Hyatt loyalty program and manage the Unlimited Vacation Club paid membership program; cyber incidents and information

technology failures; outcomes of legal or administrative proceedings; and violations of regulations or laws related to our

franchising business and licensing businesses and our international operations; and other risks discussed in the Company's filings

with the SEC, including our annual report on Form 10-K, which filings are available from the SEC. All forward-looking statements

attributable to us or persons acting on our behalf are expressly qualified in their entirety by the cautionary statements set forth

above. We caution you not to place undue reliance on any forward-looking statements, which are made only as of the date of this

press release. We do not undertake or assume any obligation to update publicly any of these forward-looking statements to reflect

actual results, new information or future events, changes in assumptions or changes in other factors affecting forward-looking

statements, except to the extent required by applicable law. If we update one or more forward-looking statements, no inference

should be drawn that we will make additional updates with respect to those or other forward-looking statements.

About Hyatt Hotels Corporation

Hyatt Hotels Corporation, headquartered in Chicago, is a leading global

hospitality company guided by its purpose – to care for people so they can be their best. As of March 31, 2026, the Company's

portfolio included more than 1,500 hotels and all-inclusive properties in 83 countries across six continents. The Company's offering

includes brands in the Luxury Portfolio, including Park Hyatt®, Alila®, Miraval®,

Impression by Secrets, and The Unbound Collection by Hyatt®; the Lifestyle Portfolio, including

Andaz®, Thompson Hotels®, The Standard®, Dream® Hotels,

The StandardX®, Breathless Resorts & Spas®, JdV by Hyatt®, Bunkhouse®

Hotels, and Me and All Hotels; the Inclusive Collection, including Zoëtry®

Wellness & Spa Resorts, Hyatt Ziva®, Hyatt Zilara®, Secrets®

Resorts & Spas, Dreams® Resorts & Spas, Hyatt Vivid® Hotels

& Resorts, Bahia Principe Hotels & Resorts, Alua Hotels & Resorts®, and Sunscape®

Resorts & Spas; the Classics Portfolio, including Grand Hyatt®, Hyatt Regency®,

Destination by Hyatt®, Hyatt Centric®, Hyatt Vacation Club®, and Hyatt®;

and the Essentials Portfolio, including Caption by Hyatt®, Unscripted by Hyatt, Hyatt Place®,

Hyatt House®, Hyatt Studios®, Hyatt Select, and UrCove. Subsidiaries of the

Company operate the World of Hyatt® loyalty program, ALG Vacations®, Mr & Mrs Smith, Unlimited Vacation Club®, Amstar®

DMC destination management services, and Trisept Solutions® technology services. For more information, please visit www.hyatt.com.

The term “Hyatt” is used for convenience in this release

to refer to Hyatt Hotels Corporation and/or one or more of its affiliates.

HHC-FIN

Investor Contacts

Adam Rohman, 312.780.5834, adam.rohman@hyatt.com

Ryan Nuckols, 312.780.5784, ryan.nuckols@hyatt.com

Media Contact

Franziska Weber, 312.780.6106, franziska.weber@hyatt.com

Hyatt Hotels Corporation

Reconciliation of Non-GAAP Financial Measure:

2025 Net Income (Loss) Attributable to Hyatt Hotels Corporation to Adjusted EBITDA

(in millions)

Year Ended December 31, 2025

Hyatt (ex-Playa)

Playa (a)

Consolidated

Net income (loss) attributable to Hyatt Hotels Corporation

$ 161

$ (213 )

$ (52 )

Contra revenue

—

Revenues for reimbursed costs

(3,629 )

—

(3,629 )

Reimbursed costs

3,682

—

3,682

Stock-based compensation expense (b)

Transaction and integration costs

141

173

Depreciation and amortization

324

325

Equity (earnings) losses from unconsolidated hospitality ventures

—

Interest expense

206

111

317

(Gains) losses on sales of real estate and other

(19 )

Asset impairments

—

Other (income) loss, net

(101 )

—

(101 )

Provision for income taxes

130

—

130

Net income attributable to noncontrolling interests

—

Adjusted EBITDA (c)

$ 1,025

$ 78

$ 1,103

(a) Includes amounts incurred specifically related

to Playa, including amounts recognized by Playa during Hyatt's period of ownership; amounts recognized by Hyatt prior to and following

the completion of the acquisition; and amounts related to the Playa Real Estate Transaction.

(b) Includes amounts recognized in general and

administrative expenses, owned and leased expenses, and distribution expenses; excludes amounts recognized in transaction and integration

costs.

the Company revised its definition of Adjusted EBITDA to no longer include pro rata share of unconsolidated hospitality owned and leased

ventures’ Adjusted EBITDA and recast prior-period results to provide comparability.

Hyatt Hotels Corporation

Reconciliation of Non-GAAP Financial Measure:

2025 Adjusted EBITDA As Reported to 2025 Adjusted EBITDA Baseline After Adjusting for Asset Sales

(in millions)

2025

2025 Adjusted EBITDA As Recast (a)

$ 1,103

Adjustment to owned and leased segment Adjusted EBITDA from sold assets (b)

(5 )

Adjustment to owned and leased segment Adjusted EBITDA from sold Playa assets (c)

(73 )

Total adjustment to owned and leased segment Adjusted EBITDA from sold assets

(78 )

2025 Adjusted EBITDA Baseline

$ 1,025

(a) During the three months ended March 31, 2026, the Company revised its definition of Adjusted EBITDA to no longer include its pro rata share of unconsolidated owned and leased hospitality ventures' Adjusted EBITDA and recast prior-period results to provide comparability.

(b) Represents the owned and leased segment Adjusted EBITDA contribution for hotels that have been sold as of March 31, 2026 and for which the company entered into long-term management or franchise agreements upon sale; excludes gross fee revenues retained following the sale.

(c) Represents the owned and leased segment Adjusted EBITDA contribution for hotels acquired as part of the Playa Hotels Acquisition that were sold as part of the Playa Real Estate Transaction; excludes gross fee revenues retained following the sale.

Hyatt Hotels Corporation

Reconciliation of Non-GAAP Financial Measure:

2025 Net Cash Provided by Operating Activities to Free Cash Flow and Adjusted Free Cash Flow

(in millions)

Year Ended December 31, 2025

Hyatt (ex-Playa)

Playa

Consolidated

Net cash provided by (used in) operating activities

$ 558

$ (179 )

$ 379

Capital expenditures

(148 )

(72 )

(220 )

Free Cash Flow

$ 410

$ (251 )

$ 159

Cash taxes on asset sales

117

—

117

Costs associated with the Playa Hotels Acquisition (a)

—

198

Adjusted Free Cash Flow

$ 527

$ (53 )

$ 474

(a) Includes cash paid for transaction and integration costs, interest on the delayed draw term loan facility, and other costs associated with the acquisition.

Hyatt Hotels Corporation

Reconciliation of Non-GAAP Financial Measures:

2028 Outlook: Net Income Attributable to Hyatt Hotels Corporation to Adjusted EBITDA and Net Cash Provided by Operating Activities to

Free Cash Flow and Adjusted Free Cash Flow

No additional disposition or acquisition activity

beyond what has been completed as of the date of this release has been included in the 2028 outlook. The Company's outlook is based on

a number of assumptions that are subject to change and many of which are outside the control of the Company. If actual results vary from

these assumptions, the Company's expectations may change. There can be no assurance that the Company will achieve these results. Results

of operations as presented on the condensed consolidated statements of income include expenses recognized with respect to deferred compensation

plans funded through rabbi trusts. Below is a reconciliation of this forecasted measure excluding the impact of our rabbi trust investments

and forecasted stock-based compensation expense.

(in millions)

Year Ending

December 31, 2028

Outlook

Range

Low Case

High Case

Net income attributable to Hyatt Hotels Corporation

$ 490

$ 635

Contra revenue

Reimbursed costs, net (a)

110

Stock-based compensation expense (b)

Transaction and integration costs

Depreciation and amortization

310

Equity (earnings) losses from unconsolidated hospitality ventures

Interest expense

265

290

Asset impairments

—

Other (income) loss, net

(140 )

(160 )

Provision for income taxes

205

265

Net income attributable to noncontrolling interests

—

Adjusted EBITDA

$ 1,400

$ 1,585

(a) Reimbursed costs are presented net of revenues for reimbursed costs as the Company cannot forecast the gross amounts without unreasonable effort.

(b) Includes amounts recognized in general and administrative expenses and distribution expenses; excludes amounts recognized in transaction and integration costs.

(in millions)

Low Case

High Case

Net cash provided by operating activities

$ 910

$ 1,015

Capital expenditures

(135 )

(140 )

Free Cash Flow

$ 775

$ 875

Cash taxes on asset sales

—

Costs associated with the Playa Hotels Acquisition (a)

—

Adjusted Free Cash Flow

$ 775

$ 875

(a) Includes taxes and other costs related to the Playa

Hotels Acquisition.

Definitions

Adjusted Earnings Before Interest Expense,

Taxes, Depreciation, and Amortization ("Adjusted EBITDA")

We use the term Adjusted EBITDA throughout this

press release. Adjusted EBITDA, as we define it, is a measure that is not recognized under U.S. generally accepted accounting principles

(“GAAP”). We define Adjusted EBITDA as net income (loss) attributable to Hyatt Hotels Corporation plus net income (loss) attributable

to noncontrolling interests, adjusted to exclude the following items:

· payments to customers (“contra revenue”), including performance cure payments and amortization

of management and hotel services agreement and franchise agreement assets (“key money assets”);

· revenues for reimbursed costs;

· reimbursed costs that we intend to recover over the long term;

· stock-based compensation expense;

· transaction and integration costs;

· depreciation and amortization;

· equity earnings (losses) from unconsolidated hospitality ventures;

· interest expense;

· gains (losses) on sales of real estate and other;

· asset impairments;

· other income (loss), net; and

· benefit (provision) for income taxes.

We calculate consolidated Adjusted EBITDA by adding

the Adjusted EBITDA of each of our reportable segments and eliminations to unallocated overhead expenses.

Our board of directors and executive management

team focus on Adjusted EBITDA as one of the key performance and compensation measures both on a segment and on a consolidated basis. Adjusted

EBITDA assists us in comparing our performance over various reporting periods on a consistent basis because it removes from our operating

results the impact of items that do not reflect our core operations both on a segment and on a consolidated basis. Our Chairman, President

and Chief Executive Officer, who is our chief operating decision maker (“CODM”), also evaluates the performance of each of

our reportable segments and determines how to allocate resources to those segments, in part, by assessing the Adjusted EBITDA of each

segment. In addition, the talent and compensation committee of our board of directors determines the annual variable compensation and

long-term incentive compensation for certain members of our management based in part on financial measures including and/or derived from

consolidated Adjusted EBITDA, segment Adjusted EBITDA, or some combination of both.

We believe Adjusted EBITDA is useful to investors

because it provides investors with the same information that we use internally for purposes of assessing our operating performance and

making compensation decisions and facilitates our comparison of results with our prior-period and forecasted results as well as our industry

and competitors.

Adjusted EBITDA excludes certain items that can

vary widely across different industries and among companies within the same industry, including interest expense and benefit or provision

for income taxes, which are dependent on company specifics, including capital structure, credit ratings, tax policies, and jurisdictions

in which they operate; depreciation and amortization, which are dependent on company policies including how the assets are utilized as

well as the lives assigned to the assets; contra revenue, which is dependent on company policies and strategic decisions regarding payments

to hotel owners; and stock-based compensation expense, which varies among companies as a result of different compensation plans companies

have adopted.

We exclude revenues for reimbursed costs and reimbursed

costs which relate to the reimbursement of payroll costs and system-wide services and programs that we operate for the benefit of our

hotel owners as contractually we do not provide services or operate the related programs to generate a profit or bear a loss over the

long term. If we collect amounts in excess of amounts spent, we have a commitment to our hotel owners to spend these amounts on the related

system-wide services and programs. Additionally, if we spend in excess of amounts collected, we have a contractual right to adjust future

collections or expenditures to recover prior-period costs. These timing differences are due to our discretion to spend in excess of revenues

earned or less than revenues earned in a single period to ensure that the system-wide services and programs are operated in the best long-term

interests of our hotel owners. Over the long term, these programs and services are not designed to impact our economics, either positively

or negatively, and instead are designed to result in a cumulative break-even balance. Therefore, we exclude the net impact when evaluating

period-over-period changes in our operating results. Adjusted EBITDA includes reimbursed costs related to system-wide services and programs

that we do not intend to recover from hotel owners. Finally, we exclude other items that are not core to our operations and may vary in

frequency or magnitude, such as transaction and integration costs, asset impairments, unrealized and realized gains and losses on marketable

securities, and gains and losses on sales of real estate and other.

Adjusted EBITDA is not a substitute for net income

(loss) attributable to Hyatt Hotels Corporation, net income (loss), or any other measure prescribed by GAAP. There are limitations to

using non-GAAP measures such as Adjusted EBITDA. Although we believe that Adjusted EBITDA can make an evaluation of our operating performance

more consistent because it removes items that do not reflect our core operations, other companies in our industry may define Adjusted

EBITDA differently than we do. As a result, it may be difficult to use Adjusted EBITDA or similarly named non-GAAP measures that other

companies may use to compare the performance of those companies to our performance. Because of these limitations, Adjusted EBITDA should

not be considered as a measure of the income or loss generated by our business. Our management compensates for these limitations by referencing

our GAAP results and using Adjusted EBITDA supplementally.

Free Cash Flow and Adjusted Free Cash Flow

Free Cash Flow represents net cash provided

by operating activities less capital expenditures. Adjusted Free Cash Flow represents Free Cash Flow less estimated cash taxes on

asset sales and costs associated with the Playa Hotels Acquisition. We believe Free Cash Flow and Adjusted Free Cash Flow to be

useful liquidity measures to us and investors to evaluate the ability of our operations to generate cash for uses other than capital

expenditures, cash taxes on asset sales, and costs associated with the Playa Hotels Acquisition and, after debt service and other

obligations, our ability to grow our business through acquisitions and investments, as well as our ability to return cash to

shareholders through dividends and share repurchases. Free Cash Flow and Adjusted Free Cash Flow are not necessarily representative

of how we will use excess cash. Free Cash Flow and Adjusted Free Cash Flow are not substitutes for net cash provided by operating

activities or any other measure prescribed by GAAP. There are limitations to using non-GAAP measures such as Free Cash Flow and

Adjusted Free Cash Flow, and management compensates for these limitations by referencing our GAAP results and using Free Cash Flow

and Adjusted Free Cash Flow supplementally.

Average Daily Rate (“ADR”)

ADR represents hotel room revenues divided by

the total number of rooms sold in a given period. ADR measures the average room price attained by a property, and ADR trends provide useful

information concerning the pricing environment and the nature of the customer base of a property or group of properties. ADR is a commonly

used performance measure in our industry, and we use ADR to assess the pricing levels that we are able to generate by customer group,

as changes in rates have a different effect on overall revenues and incremental profitability than changes in occupancy, as described

below.

Playa Hotels Acquisition

On June 17, 2025, the Company completed the acquisition

of Playa Hotels & Resorts N.V. ("Playa Hotels" or "Playa"), a leading owner, operator, and developer of all-inclusive

resorts in Mexico, the Dominican Republic, and Jamaica, for a purchase price of $13.50 per share, or an enterprise value of approximately

$2.6 billion, including approximately $900 million of debt, net of cash acquired.

Playa Real Estate Transaction

On December 30, 2025, affiliates of the Company

closed on the sale of the real estate portfolio previously acquired from Playa for approximately $2 billion to Tortuga Resorts ("Tortuga"),

As previously disclosed, the Company sold one of these properties to a separate third-party buyer on September 18, 2025 for $22 million.

Between the completion of the earlier sale and the Tortuga transaction, Hyatt has sold the entire Playa real estate portfolio for a total

of $2 billion. Hyatt and Tortuga entered into 50-year management agreements for 13 of 14 properties in the portfolio, with terms consistent

with Hyatt's existing all-inclusive fee structure. The remaining property is subject to a separate contractual arrangement.

Revenue Per Available Room (“RevPAR”)

RevPAR is the product of the ADR and the average

daily occupancy percentage. RevPAR does not include non-room revenues, which consist of ancillary revenues generated by a property, such

as food and beverage, parking, and other guest service revenues. Our management uses RevPAR to identify trend information with respect

to room revenues from comparable properties and to evaluate property performance on a geographical and segment basis. RevPAR is a commonly

used performance measure in our industry.

RevPAR changes that are driven predominantly by

changes in occupancy have different implications for overall revenue levels and incremental profitability than do changes that are driven

predominantly by changes in average room rates. For example, increases in occupancy at a property would lead to increases in room revenues

and additional variable operating costs, including housekeeping services, utilities, and room amenity costs, and could also result in

increased ancillary revenues, including food and beverage. In contrast, changes in average room rates typically have a greater impact

on margins and profitability as average room rate changes result in minimal direct impacts to variable operating costs.

GRAPHIC

Filename: tm2615108d1_ex99-1img001.jpg · Sequence: 7

Binary file (322678 bytes)

Download tm2615108d1_ex99-1img001.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img002.jpg · Sequence: 8

Binary file (730624 bytes)

Download tm2615108d1_ex99-1img002.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img003.jpg · Sequence: 9

Binary file (121405 bytes)

Download tm2615108d1_ex99-1img003.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img004.jpg · Sequence: 10

Binary file (68140 bytes)

Download tm2615108d1_ex99-1img004.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img005.jpg · Sequence: 11

Binary file (456724 bytes)

Download tm2615108d1_ex99-1img005.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img006.jpg · Sequence: 12

Binary file (65103 bytes)

Download tm2615108d1_ex99-1img006.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img007.jpg · Sequence: 13

Binary file (48175 bytes)

Download tm2615108d1_ex99-1img007.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img008.jpg · Sequence: 14

Binary file (146259 bytes)

Download tm2615108d1_ex99-1img008.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img009.jpg · Sequence: 15

Binary file (180432 bytes)

Download tm2615108d1_ex99-1img009.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img010.jpg · Sequence: 16

Binary file (245024 bytes)

Download tm2615108d1_ex99-1img010.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img011.jpg · Sequence: 17

Binary file (212297 bytes)

Download tm2615108d1_ex99-1img011.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img012.jpg · Sequence: 18

Binary file (297016 bytes)

Download tm2615108d1_ex99-1img012.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img013.jpg · Sequence: 19

Binary file (105559 bytes)

Download tm2615108d1_ex99-1img013.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img014.jpg · Sequence: 20

Binary file (439114 bytes)

Download tm2615108d1_ex99-1img014.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img015.jpg · Sequence: 21

Binary file (244189 bytes)

Download tm2615108d1_ex99-1img015.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img016.jpg · Sequence: 22

Binary file (250200 bytes)

Download tm2615108d1_ex99-1img016.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img017.jpg · Sequence: 23

Binary file (161197 bytes)

Download tm2615108d1_ex99-1img017.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img018.jpg · Sequence: 24

Binary file (222876 bytes)

Download tm2615108d1_ex99-1img018.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img019.jpg · Sequence: 25

Binary file (223252 bytes)

Download tm2615108d1_ex99-1img019.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img020.jpg · Sequence: 26

Binary file (457093 bytes)

Download tm2615108d1_ex99-1img020.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img021.jpg · Sequence: 27

Binary file (92933 bytes)

Download tm2615108d1_ex99-1img021.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img022.jpg · Sequence: 28

Binary file (81508 bytes)

Download tm2615108d1_ex99-1img022.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img023.jpg · Sequence: 29

Binary file (734279 bytes)

Download tm2615108d1_ex99-1img023.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img024.jpg · Sequence: 30

Binary file (156604 bytes)

Download tm2615108d1_ex99-1img024.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img025.jpg · Sequence: 31

Binary file (362219 bytes)

Download tm2615108d1_ex99-1img025.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img026.jpg · Sequence: 32

Binary file (199170 bytes)

Download tm2615108d1_ex99-1img026.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img027.jpg · Sequence: 33

Binary file (134261 bytes)

Download tm2615108d1_ex99-1img027.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img028.jpg · Sequence: 34

Binary file (216056 bytes)

Download tm2615108d1_ex99-1img028.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img029.jpg · Sequence: 35

Binary file (187812 bytes)

Download tm2615108d1_ex99-1img029.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img030.jpg · Sequence: 36

Binary file (147800 bytes)

Download tm2615108d1_ex99-1img030.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img031.jpg · Sequence: 37

Binary file (128073 bytes)

Download tm2615108d1_ex99-1img031.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img032.jpg · Sequence: 38

Binary file (199166 bytes)

Download tm2615108d1_ex99-1img032.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img033.jpg · Sequence: 39

Binary file (212361 bytes)

Download tm2615108d1_ex99-1img033.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img034.jpg · Sequence: 40

Binary file (193535 bytes)

Download tm2615108d1_ex99-1img034.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img035.jpg · Sequence: 41

Binary file (274012 bytes)

Download tm2615108d1_ex99-1img035.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img036.jpg · Sequence: 42

Binary file (81248 bytes)

Download tm2615108d1_ex99-1img036.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img037.jpg · Sequence: 43

Binary file (178220 bytes)

Download tm2615108d1_ex99-1img037.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img038.jpg · Sequence: 44

Binary file (251589 bytes)

Download tm2615108d1_ex99-1img038.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img039.jpg · Sequence: 45

Binary file (174690 bytes)

Download tm2615108d1_ex99-1img039.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img040.jpg · Sequence: 46

Binary file (194083 bytes)

Download tm2615108d1_ex99-1img040.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img041.jpg · Sequence: 47

Binary file (322101 bytes)

Download tm2615108d1_ex99-1img041.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img042.jpg · Sequence: 48

Binary file (204965 bytes)

Download tm2615108d1_ex99-1img042.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img043.jpg · Sequence: 49

Binary file (166983 bytes)

Download tm2615108d1_ex99-1img043.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img044.jpg · Sequence: 50

Binary file (236916 bytes)

Download tm2615108d1_ex99-1img044.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img045.jpg · Sequence: 51

Binary file (196557 bytes)

Download tm2615108d1_ex99-1img045.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img046.jpg · Sequence: 52

Binary file (143995 bytes)

Download tm2615108d1_ex99-1img046.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img047.jpg · Sequence: 53

Binary file (81778 bytes)

Download tm2615108d1_ex99-1img047.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img048.jpg · Sequence: 54

Binary file (147820 bytes)

Download tm2615108d1_ex99-1img048.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img049.jpg · Sequence: 55

Binary file (188325 bytes)

Download tm2615108d1_ex99-1img049.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img050.jpg · Sequence: 56

Binary file (137780 bytes)

Download tm2615108d1_ex99-1img050.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img051.jpg · Sequence: 57

Binary file (168821 bytes)

Download tm2615108d1_ex99-1img051.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img052.jpg · Sequence: 58

Binary file (87313 bytes)

Download tm2615108d1_ex99-1img052.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img053.jpg · Sequence: 59

Binary file (457054 bytes)

Download tm2615108d1_ex99-1img053.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img054.jpg · Sequence: 60

Binary file (66989 bytes)

Download tm2615108d1_ex99-1img054.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img055.jpg · Sequence: 61

Binary file (86136 bytes)

Download tm2615108d1_ex99-1img055.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img056.jpg · Sequence: 62

Binary file (107980 bytes)

Download tm2615108d1_ex99-1img056.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img057.jpg · Sequence: 63

Binary file (83457 bytes)

Download tm2615108d1_ex99-1img057.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img058.jpg · Sequence: 64

Binary file (97057 bytes)

Download tm2615108d1_ex99-1img058.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img059.jpg · Sequence: 65

Binary file (96877 bytes)

Download tm2615108d1_ex99-1img059.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img060.jpg · Sequence: 66

Binary file (99821 bytes)

Download tm2615108d1_ex99-1img060.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img061.jpg · Sequence: 67

Binary file (232464 bytes)

Download tm2615108d1_ex99-1img061.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img062.jpg · Sequence: 68

Binary file (108850 bytes)

Download tm2615108d1_ex99-1img062.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img063.jpg · Sequence: 69

Binary file (104537 bytes)

Download tm2615108d1_ex99-1img063.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img064.jpg · Sequence: 70

Binary file (126448 bytes)

Download tm2615108d1_ex99-1img064.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img065.jpg · Sequence: 71

Binary file (109008 bytes)

Download tm2615108d1_ex99-1img065.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img066.jpg · Sequence: 72

Binary file (135733 bytes)

Download tm2615108d1_ex99-1img066.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img067.jpg · Sequence: 73

Binary file (457034 bytes)

Download tm2615108d1_ex99-1img067.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img068.jpg · Sequence: 74

Binary file (95252 bytes)

Download tm2615108d1_ex99-1img068.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img069.jpg · Sequence: 75

Binary file (78842 bytes)

Download tm2615108d1_ex99-1img069.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img070.jpg · Sequence: 76

Binary file (457056 bytes)

Download tm2615108d1_ex99-1img070.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img071.jpg · Sequence: 77

Binary file (111247 bytes)

Download tm2615108d1_ex99-1img071.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img072.jpg · Sequence: 78

Binary file (83296 bytes)

Download tm2615108d1_ex99-1img072.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img073.jpg · Sequence: 79

Binary file (207496 bytes)

Download tm2615108d1_ex99-1img073.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img074.jpg · Sequence: 80

Binary file (141840 bytes)

Download tm2615108d1_ex99-1img074.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img075.jpg · Sequence: 81

Binary file (99936 bytes)

Download tm2615108d1_ex99-1img075.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img076.jpg · Sequence: 82

Binary file (76659 bytes)

Download tm2615108d1_ex99-1img076.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img077.jpg · Sequence: 83

Binary file (81269 bytes)

Download tm2615108d1_ex99-1img077.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img078.jpg · Sequence: 84

Binary file (81279 bytes)

Download tm2615108d1_ex99-1img078.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img079.jpg · Sequence: 85

Binary file (75195 bytes)

Download tm2615108d1_ex99-1img079.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img080.jpg · Sequence: 86

Binary file (101018 bytes)

Download tm2615108d1_ex99-1img080.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img081.jpg · Sequence: 87

Binary file (318893 bytes)

Download tm2615108d1_ex99-1img081.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img082.jpg · Sequence: 88

Binary file (184420 bytes)

Download tm2615108d1_ex99-1img082.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img083.jpg · Sequence: 89

Binary file (185626 bytes)

Download tm2615108d1_ex99-1img083.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img084.jpg · Sequence: 90

Binary file (223256 bytes)

Download tm2615108d1_ex99-1img084.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img085.jpg · Sequence: 91

Binary file (457008 bytes)

Download tm2615108d1_ex99-1img085.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img086.jpg · Sequence: 92

Binary file (84902 bytes)

Download tm2615108d1_ex99-1img086.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img087.jpg · Sequence: 93

Binary file (24155 bytes)

Download tm2615108d1_ex99-1img087.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img088.jpg · Sequence: 94

Binary file (154536 bytes)

Download tm2615108d1_ex99-1img088.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img089.jpg · Sequence: 95

Binary file (140707 bytes)

Download tm2615108d1_ex99-1img089.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img090.jpg · Sequence: 96

Binary file (200780 bytes)

Download tm2615108d1_ex99-1img090.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img091.jpg · Sequence: 97

Binary file (204676 bytes)

Download tm2615108d1_ex99-1img091.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img092.jpg · Sequence: 98

Binary file (289483 bytes)

Download tm2615108d1_ex99-1img092.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img093.jpg · Sequence: 99

Binary file (48945 bytes)

Download tm2615108d1_ex99-1img093.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img094.jpg · Sequence: 100

Binary file (236340 bytes)

Download tm2615108d1_ex99-1img094.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img096.jpg · Sequence: 101

Binary file (251180 bytes)

Download tm2615108d1_ex99-1img096.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img097.jpg · Sequence: 102

Binary file (321032 bytes)

Download tm2615108d1_ex99-1img097.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img098.jpg · Sequence: 103

Binary file (106710 bytes)

Download tm2615108d1_ex99-1img098.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img100.jpg · Sequence: 104

Binary file (158897 bytes)

Download tm2615108d1_ex99-1img100.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img101.jpg · Sequence: 105

Binary file (157249 bytes)

Download tm2615108d1_ex99-1img101.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img102.jpg · Sequence: 106

Binary file (124156 bytes)

Download tm2615108d1_ex99-1img102.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img103.jpg · Sequence: 107

Binary file (92974 bytes)

Download tm2615108d1_ex99-1img103.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img104.jpg · Sequence: 108

Binary file (91064 bytes)

Download tm2615108d1_ex99-1img104.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img105.jpg · Sequence: 109

Binary file (140202 bytes)

Download tm2615108d1_ex99-1img105.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img106.jpg · Sequence: 110

Binary file (140497 bytes)

Download tm2615108d1_ex99-1img106.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img107.jpg · Sequence: 111

Binary file (100651 bytes)

Download tm2615108d1_ex99-1img107.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img108.jpg · Sequence: 112

Binary file (100499 bytes)

Download tm2615108d1_ex99-1img108.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img109.jpg · Sequence: 113

Binary file (24510 bytes)

Download tm2615108d1_ex99-1img109.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img110.jpg · Sequence: 114

Binary file (591732 bytes)

Download tm2615108d1_ex99-1img110.jpg

GRAPHIC

Filename: tm2615108d1_ex99-1img111.jpg · Sequence: 115

Binary file (225666 bytes)

Download tm2615108d1_ex99-1img111.jpg

GRAPHIC

Filename: tm2615108d1_ex99-2img01.jpg · Sequence: 116

Binary file (2737 bytes)

Download tm2615108d1_ex99-2img01.jpg

XML — IDEA: XBRL DOCUMENT

XML

Filename: R1.htm · Sequence: 118

v3.26.1

Cover

May 28, 2026

Cover [Abstract]

Document Type

8-K

Amendment Flag

false

Document Period End Date

May 28, 2026

Entity File Number

001-34521

Entity Registrant Name

HYATT HOTELS CORPORATION

Entity Central Index Key

0001468174

Entity Tax Identification Number

20-1480589

Entity Incorporation, State or Country Code

Entity Address, Address Line One

150 North Riverside Plaza

Entity Address, City or Town

Chicago

Entity Address, State or Province

Entity Address, Postal Zip Code

60606

City Area Code

312

Local Phone Number

750-1234

Written Communications

false

Soliciting Material

false

Pre-commencement Tender Offer

false

Pre-commencement Issuer Tender Offer

false

Title of 12(b) Security

Class A common stock, $0.01 par value

Trading Symbol

Security Exchange Name

NYSE

Entity Emerging Growth Company

false

- Definition

Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.

+ References

No definition available.

+ Details

Name:

dei_AmendmentFlag

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Area code of city

+ References

No definition available.

+ Details

Name:

dei_CityAreaCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Cover page.

+ References

No definition available.

+ Details

Name:

dei_CoverAbstract

Namespace Prefix:

dei_

Data Type:

xbrli:stringItemType

Balance Type:

Period Type:

duration

- Definition

For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.

+ References

No definition available.

+ Details

Name:

dei_DocumentPeriodEndDate

Namespace Prefix:

dei_

Data Type:

xbrli:dateItemType

Balance Type:

Period Type:

duration

- Definition

The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.

+ References

No definition available.

+ Details

Name:

dei_DocumentType

Namespace Prefix:

dei_

Data Type:

dei:submissionTypeItemType

Balance Type:

Period Type:

duration

- Definition

Address Line 1 such as Attn, Building Name, Street Name

+ References

No definition available.

+ Details

Name:

dei_EntityAddressAddressLine1

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Name of the City or Town

+ References

No definition available.

+ Details

Name:

dei_EntityAddressCityOrTown

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Code for the postal or zip code

+ References

No definition available.

+ Details

Name:

dei_EntityAddressPostalZipCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Name of the state or province.

+ References

No definition available.

+ Details

Name:

dei_EntityAddressStateOrProvince

Namespace Prefix:

dei_

Data Type:

dei:stateOrProvinceItemType

Balance Type:

Period Type:

duration

- Definition

A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityCentralIndexKey

Namespace Prefix:

dei_

Data Type:

dei:centralIndexKeyItemType

Balance Type:

Period Type:

duration

- Definition

Indicate if registrant meets the emerging growth company criteria.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityEmergingGrowthCompany

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.

+ References

No definition available.

+ Details

Name:

dei_EntityFileNumber

Namespace Prefix:

dei_

Data Type:

dei:fileNumberItemType

Balance Type:

Period Type:

duration

- Definition

Two-character EDGAR code representing the state or country of incorporation.

+ References

No definition available.

+ Details

Name:

dei_EntityIncorporationStateCountryCode

Namespace Prefix:

dei_

Data Type:

dei:edgarStateCountryItemType

Balance Type:

Period Type:

duration

- Definition

The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityRegistrantName

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityTaxIdentificationNumber

Namespace Prefix:

dei_

Data Type:

dei:employerIdItemType

Balance Type:

Period Type:

duration

- Definition

Local phone number for entity.

+ References

No definition available.

+ Details

Name:

dei_LocalPhoneNumber

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 13e

-Subsection 4c

+ Details

Name:

dei_PreCommencementIssuerTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14d

-Subsection 2b

+ Details

Name:

dei_PreCommencementTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Title of a 12(b) registered security.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b

+ Details

Name:

dei_Security12bTitle

Namespace Prefix:

dei_

Data Type:

dei:securityTitleItemType

Balance Type:

Period Type:

duration

- Definition

Name of the Exchange on which a security is registered.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection d1-1

+ Details

Name:

dei_SecurityExchangeName

Namespace Prefix:

dei_

Data Type:

dei:edgarExchangeCodeItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14a

-Subsection 12

+ Details

Name:

dei_SolicitingMaterial

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Trading symbol of an instrument as listed on an exchange.

+ References

No definition available.

+ Details

Name:

dei_TradingSymbol

Namespace Prefix:

dei_

Data Type:

dei:tradingSymbolItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Securities Act

-Number 230

-Section 425

+ Details

Name:

dei_WrittenCommunications

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration