Hyatt faces delays in hotel openings originally scheduled for the fourth quarter of 2026, with some properties now anticipated to open in 2027, leading the company to reduce its net rooms growth forecast for 2026 to roughly 6% from an earlier estimate of 6% to 7%, according to a report by Skift on July 30, 2026.
Hyatt Speeding Up Mid-Tier Hotel Development
To counter the impact of slower-than-expected room growth, Hyatt is expediting expansion in the mid-tier hotel segment through its Hyatt Studios brand. The company has announced a credit facility of about $500 million to assist developers with financing projects under this brand. Additionally, Hyatt
partnered with Hall Structured Finance to launch a dedicated construction loan program aimed at supporting Hyatt Studios newbuilds.
CEO Comments on Opening Timelines
Hyatt CEO Mark Hoplamazian addressed the delays in hotel openings, stating, “We’re taking a measured view on the timing of openings later this year.” This cautious approach reflects the adjustments made in the company’s growth projections amid ongoing challenges in the rollout schedule.
Hyatt’s Strategic Focus on Mid-Market Growth
While Hyatt’s fee revenue growth continues to be primarily driven by its luxury and lifestyle brands, the company is targeting smaller destinations through expansion in mid-market segments. Hyatt Studios serves as a strategic solution for these locations where full-service
hotels are not viable. The dedicated financing initiatives and partnerships are designed to accelerate development in this segment to complement Hyatt’s broader portfolio.
