Hyatt Unveils 2028 Financial Targets, Boosts Stock Buyback Plans

Dow Jones
May 28
 

By Colin Kellaher

 

Hyatt Hotels boosted its share-repurchase program by $1 billion and unveiled its three-year financial outlook through 2028.

Hyatt on Thursday said it is targeting 11% to 16% adjusted earnings before interest, taxes, depreciation and amortization growth and 14% to 18% adjusted free cash flow annually through 2028.

The Chicago hotel operator said it also aims for compound annual growth of 2% to 4% in systemwide hotel revenue per available room and 6% to 8% in net rooms over the same period.

Hyatt also reaffirmed the 2026 financial outlook it provided on April 30.

Hyatt, which sports a market capitalization of around $16.9 billion, said it now has about $1.5 billion available for stock buybacks.

 

Write to Colin Kellaher at colin.kellaher@wsj.com

 

(END) Dow Jones Newswires

May 28, 2026 07:18 ET (11:18 GMT)

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