Latest news with #MarkHoplamazian
Hospitality Net
5 days ago
- Business
- Hospitality Net
Mark Hoplamazian Receives Cornell Hospitality Icon of the Industry Award, Announces Commitment to Hire 5,000 More Opportunity Youth by the End of 2028
CHICAGO – Hyatt Hotels Corporation (NYSE: H) President and CEO Mark Hoplamazian was recognized with the Cornell Hospitality Icon of the Industry Award at the 16th Annual Cornell Hospitality Icon and Innovator Awards Celebration, honoring Mark's visionary leadership and contributions to both Hyatt and the hospitality industry at large. Throughout his eighteen-year CEO tenure at Hyatt, Mark's dedication has created a lasting impact on the hospitality industry and people around the world. During the June 3 award ceremony in New York, Mark shared that Hyatt is proudly renewing its RiseHY commitment beyond 2025 with an expanded goal of Hyatt and Hyatt hotels hiring 5,000 more Opportunity Youth by the end of 2028. Through its continued investment in this global program, Hyatt looks forward to opening doors for untapped talent and helping people disconnected from the economy grow, thrive, and build meaningful careers. We are committed to bringing people who are disconnected from the economy into the workforce. Talent is evenly distributed, but opportunity is not, said Hoplamazian. We view RiseHY as the ultimate expression of our purpose of care, and believe supporting untapped talent will have a lasting, transformative impact on our industry and the communities in which we operate. This is where hospitality meets humanity. Through RiseHY, Hyatt is focused on creating a sustainable and dedicated talent pipeline for untapped talent, including Opportunity Youth, defined as individuals aged 16 to 24 who come from under-resourced communities and are not currently working or going to school. By connecting untapped talent with available jobs across more than 1,450 Hyatt hotels worldwide, Hyatt is helping provide individuals steppingstones for a better future. This renewed goal builds on Hyatt's prior commitment to have Hyatt and Hyatt hotels hire 10,000 Opportunity Youth by the end of 2025, a milestone Hyatt is steadily advancing toward. Hyatt is proud of the progress and recognizes that the program can also help address industry hiring challenges by building a sustainable, dedicated talent pipeline. The hospitality industry is unique for being a field where individuals can enter with minimal experience and have lifelong, fulfilling careers filled with opportunity and mobility. Individuals from Hyatt hotels across the world continue to advance, with many going on to lead their teams and staying within the Hyatt system. My mentors and my colleagues always believed in my potential and encouraged me, said Yemsijongla, Housekeeping Team Leader at Hyatt Hyderabad Gachibowli and RiseHY participant. I was promoted to team leader in housekeeping, and my role now is to inspire and empower my team. My Hyatt journey is far from over, and to anyone who starts in hospitality, my advice is simple – believe in yourself, work hard and never stop learning. Opportunities are endless if you are willing to take them. With more than 1,450 hotels and all-inclusive properties in 79 countries and a pipeline of approximately 138,000 rooms, Hyatt continues to open doors for lifelong careers. To learn more, visit
Yahoo
6 days ago
- Business
- Yahoo
Mark Hoplamazian Receives Cornell Hospitality Icon of the Industry Award, Announces Commitment to Hire 5,000 More Opportunity Youth by the End of 2028
RiseHY program to continue bringing untapped talent into the hospitality industry, with an emphasis on retention and progressive skills training CHICAGO, June 04, 2025--(BUSINESS WIRE)--Hyatt Hotels Corporation (NYSE: H) President and CEO Mark Hoplamazian was recognized with the Cornell Hospitality Icon of the Industry Award at the 16th Annual Cornell Hospitality Icon and Innovator Awards Celebration, honoring Mark's visionary leadership and contributions to both Hyatt and the hospitality industry at large. Throughout his eighteen-year CEO tenure at Hyatt, Mark's dedication has created a lasting impact on the hospitality industry and people around the world. During the June 3 award ceremony in New York, Mark shared that Hyatt is proudly renewing its RiseHY commitment beyond 2025 with an expanded goal of Hyatt and Hyatt hotels hiring 5,000 more Opportunity Youth by the end of 2028. Through its continued investment in this global program, Hyatt looks forward to opening doors for untapped talent and helping people disconnected from the economy grow, thrive, and build meaningful careers. "We are committed to bringing people who are disconnected from the economy into the workforce. Talent is evenly distributed, but opportunity is not," said Hoplamazian. "We view RiseHY as the ultimate expression of our purpose of care, and believe supporting untapped talent will have a lasting, transformative impact on our industry and the communities in which we operate. This is where hospitality meets humanity." Through RiseHY, Hyatt is focused on creating a sustainable and dedicated talent pipeline for untapped talent, including Opportunity Youth, defined as individuals aged 16 to 24 who come from under-resourced communities and are not currently working or going to school. By connecting untapped talent with available jobs across more than 1,450 Hyatt hotels worldwide, Hyatt is helping provide individuals steppingstones for a better future. This renewed goal builds on Hyatt's prior commitment to have Hyatt and Hyatt hotels hire 10,000 Opportunity Youth by the end of 2025, a milestone Hyatt is steadily advancing toward. Hyatt is proud of the progress and recognizes that the program can also help address industry hiring challenges by building a sustainable, dedicated talent pipeline. The hospitality industry is unique for being a field where individuals can enter with minimal experience and have lifelong, fulfilling careers filled with opportunity and mobility. Individuals from Hyatt hotels across the world continue to advance, with many going on to lead their teams and staying within the Hyatt system. "My mentors and my colleagues always believed in my potential and encouraged me," said Yemsijongla, Housekeeping Team Leader at Hyatt Hyderabad Gachibowli and RiseHY participant. "I was promoted to team leader in housekeeping, and my role now is to inspire and empower my team. My Hyatt journey is far from over, and to anyone who starts in hospitality, my advice is simple – believe in yourself, work hard and never stop learning. Opportunities are endless if you are willing to take them." With more than 1,450 hotels and all-inclusive properties in 79 countries and a pipeline of approximately 138,000 rooms, Hyatt continues to open doors for lifelong careers. To learn more, visit The term "Hyatt" is used in this release to refer to Hyatt Hotels Corporation and/or one or more of its affiliates. 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, 2025, the Company's portfolio included more than 1,450 hotels and all-inclusive properties in 79 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, Sunscape® Resorts & Spas, Alua Hotels & Resorts®, and Bahia Principe Hotels & Resorts; 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®, 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 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. 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" 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 and political or civil unrest or changes in trade policy; hostilities, or fear of hostilities, including future terrorist attacks, that affect travel; travel-related accidents; natural or man-made disasters, weather and climate-related events, such as earthquakes, tsunamis, tornadoes, hurricanes, droughts, floods, wildfires, oil spills, nuclear incidents, and global outbreaks of pandemics or contagious diseases, or fear of such outbreaks; our ability to successfully achieve certain 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; 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 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 U.S. Securities and Exchange Commission ("SEC"), including our annual report on Form 10-K and our Quarterly Reports on Form 10-Q, which filings are available from the SEC. These factors are not necessarily all of the important factors that could cause our actual results, performance or achievements to differ materially from those expressed in or implied by any of our forward-looking statements. 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 undertake no 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. View source version on Contacts Mitch
Business Wire
6 days ago
- Business
- Business Wire
Mark Hoplamazian Receives Cornell Hospitality Icon of the Industry Award, Announces Commitment to Hire 5,000 More Opportunity Youth by the End of 2028
CHICAGO--(BUSINESS WIRE)--Hyatt Hotels Corporation (NYSE: H) President and CEO Mark Hoplamazian was recognized with the Cornell Hospitality Icon of the Industry Award at the 16th Annual Cornell Hospitality Icon and Innovator Awards Celebration, honoring Mark's visionary leadership and contributions to both Hyatt and the hospitality industry at large. Throughout his eighteen-year CEO tenure at Hyatt, Mark's dedication has created a lasting impact on the hospitality industry and people around the world. During the June 3 award ceremony in New York, Mark shared that Hyatt is proudly renewing its RiseHY commitment beyond 2025 with an expanded goal of Hyatt and Hyatt hotels hiring 5,000 more Opportunity Youth by the end of 2028. Through its continued investment in this global program, Hyatt looks forward to opening doors for untapped talent and helping people disconnected from the economy grow, thrive, and build meaningful careers. 'We are committed to bringing people who are disconnected from the economy into the workforce. Talent is evenly distributed, but opportunity is not,' said Hoplamazian. 'We view RiseHY as the ultimate expression of our purpose of care, and believe supporting untapped talent will have a lasting, transformative impact on our industry and the communities in which we operate. This is where hospitality meets humanity.' Through RiseHY, Hyatt is focused on creating a sustainable and dedicated talent pipeline for untapped talent, including Opportunity Youth, defined as individuals aged 16 to 24 who come from under-resourced communities and are not currently working or going to school. By connecting untapped talent with available jobs across more than 1,450 Hyatt hotels worldwide, Hyatt is helping provide individuals steppingstones for a better future. This renewed goal builds on Hyatt's prior commitment to have Hyatt and Hyatt hotels hire 10,000 Opportunity Youth by the end of 2025, a milestone Hyatt is steadily advancing toward. Hyatt is proud of the progress and recognizes that the program can also help address industry hiring challenges by building a sustainable, dedicated talent pipeline. The hospitality industry is unique for being a field where individuals can enter with minimal experience and have lifelong, fulfilling careers filled with opportunity and mobility. Individuals from Hyatt hotels across the world continue to advance, with many going on to lead their teams and staying within the Hyatt system. "My mentors and my colleagues always believed in my potential and encouraged me,' said Yemsijongla, Housekeeping Team Leader at Hyatt Hyderabad Gachibowli and RiseHY participant. 'I was promoted to team leader in housekeeping, and my role now is to inspire and empower my team. My Hyatt journey is far from over, and to anyone who starts in hospitality, my advice is simple – believe in yourself, work hard and never stop learning. Opportunities are endless if you are willing to take them.' With more than 1,450 hotels and all-inclusive properties in 79 countries and a pipeline of approximately 138,000 rooms, Hyatt continues to open doors for lifelong careers. To learn more, visit The term 'Hyatt' is used in this release to refer to Hyatt Hotels Corporation and/or one or more of its affiliates. 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, 2025, the Company's portfolio included more than 1,450 hotels and all-inclusive properties in 79 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, Sunscape ® Resorts & Spas, Alua Hotels & Resorts ®, and Bahia Principe Hotels & Resorts; 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 ®, 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 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. 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' 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 and political or civil unrest or changes in trade policy; hostilities, or fear of hostilities, including future terrorist attacks, that affect travel; travel-related accidents; natural or man-made disasters, weather and climate-related events, such as earthquakes, tsunamis, tornadoes, hurricanes, droughts, floods, wildfires, oil spills, nuclear incidents, and global outbreaks of pandemics or contagious diseases, or fear of such outbreaks; our ability to successfully achieve certain 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; 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 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 U.S. Securities and Exchange Commission ('SEC'), including our annual report on Form 10-K and our Quarterly Reports on Form 10-Q, which filings are available from the SEC. These factors are not necessarily all of the important factors that could cause our actual results, performance or achievements to differ materially from those expressed in or implied by any of our forward-looking statements. 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 undertake no 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.
Travel Weekly
6 days ago
- Business
- Travel Weekly
Luxury hotels prevail amid fallen consumer confidence
NEW YORK -- Hotel CEOs on stage at the NYU International Hospitality Investment Forum on June 2 discussed how consumer hesitation is hitting midscale and economy hotels much harder than luxury hotels. Hyatt CEO Mark Hoplamazian talked about a "massive divergence by chain scale," with economic pressure increasing the further down the chain scale you go. A month ago, Hoplamazian discussed the phenomenon during Hyatt's Q1 earnings call, saying luxury and upper-upscale hotels (about 70% of Hyatt's portfolio) were outperforming the company's lower-tier hotels. Hoplamazian's comments jibed with a revised 2025 forecast from CoStar and Tourism Economics at the NYU event. Luxury hotels are expected to achieve 3.4% growth in revenue per available room (RevPAR) this year, and 1.8% growth is expected for upper-upscale hotels. Meanwhile, upscale hotels are projected for 0.5% RevPAR growth, and midscale and economy hotels are expected to record 0.8% and 0.7% RevPAR decreases, respectively. Wyndham Hotels & Resorts CEO Geoff Ballotti said the company's midscale-and-above brands are driving profitability in the U.S., along with extended-stay hotels. Hawthorn Suites is Wyndham's primary extended-stay chain, and it has added Echo Suites and WaterWalk in recent years. "There's just tremendously more demand in extended stay than there is supply right now," said Ballotti, attributing the segment's strength to housing shortages and corporate demand for accommodating blue-collar workers on infrastructure projects. Hotel industry resilience The CEOs also discussed the hotel industry's resilience during a time of economic uncertainty, saying travel demand has continued to hold up relatively well across most sectors. Marriott International CEO Anthony Capuano said that was "pretty encouraging." Hoplamazian said consumers are putting off their booking decisions until the last minute, causing business on the books to initially appear weaker than usual. He's seeing that trend particularly in business travel. "We're seeing the pace for transient business start to slow down maybe two months out, and then it gets weaker, and then as the date of travel gets closer and closer, it comes back up," he said. Hilton CEO Christopher Nassetta acknowledged that most major hotel companies have lowered their 2025 outlook. Despite economic volatility, he expressed optimism that pending legislative packages and trade deals could provide the stability needed to restore consumer confidence. "Getting those things buttoned down at least a little bit more, I think, will allow our customers -- whether that's leisure, business, meetings or events -- to have a little bit more confidence," said Nassetta. The other CEOs on stage were Elie Maalouf of IHG Hotels & Resorts and Sebastien Bazin of Accor. Protestors disrupt CEO panel Midway through the session, the sound of protesting interrupted the proceedings, startling audience members. A security guard said protesters had gathered on the fifth floor of the New York Marriott Marquis. The protest was about the use of eggs from caged hens. The panel resumed shortly after the disruption.
Travel Weekly
19-05-2025
- Business
- Travel Weekly
Defying the trend: Why Mexico and Caribbean all-inclusives are thriving
All-inclusive resorts in Mexico and the Caribbean appear to be defying hospitality industry headwinds. Hyatt Hotels Corp. reported that its all-inclusive business in the first quarter had significantly outperformed domestic U.S. leisure travel, with the booking pace up 7% for the second quarter and actualized April revenues jumping 9% year over year. The sector's RevPAR was also up over 4% compared with the first quarter of 2024. During a May 1 earnings call, Hyatt CEO Mark Hoplamazian described the company's all-inclusive business as "very solid" and a bright leisure spot in the April and May period. "The leisure picture is much weaker in the U.S. resorts than it is in the non-U.S. Americas," he told analysts. Bolstering Hyatt's Inclusive Collection, which comprises more than 120 all-inclusive resorts across Latin America, the Caribbean and Europe, is what Hoplamazian called "consistency" from the dominant U.S. market. That's something travel advisors are seeing, as well. Abbey Meyer, travel consultant and CEO of Altitude Travel, said bookings this year are "pretty similar" to last year's for Hyatt's Inclusive Collection, the agency's top-selling brand. Meyer said there has been a slight dip in Mexico but more requests for places like St. Lucia, Barbados and other Caribbean locations. Geoff Millar Geoff Millar, co-owner of Phoenix-area agency Ultimate All-Inclusive Travel and Ultimate Hawaii Vacations, said factors driving demand for resorts in Mexico and the Caribbean include heightened concerns around the political climate, with some Americans worried about how they'll be welcomed in other regions. "I do see a shift from people going to Europe to people now going to the Caribbean and Mexico because of the political situation, and people are afraid of how they're going to be received," Millar said. He added that reports of overtourism in some European hot spots is tipping decision-making in favor of destinations where guests believe they can "actually relax" without worrying about local sentiment. And while all-inclusive travelers still have a willingness to spend, Millar said, he has seen price sensitivity growing. "Even if people want to go to the high-end resorts, they're still looking for the best deal," he said. "They're doing a lot more price shopping this year." Even on the high end, all-inclusives have long been associated with value. "I will often highlight one of the perks of an all-inclusive is really allowing you to stick to your budget," Meyer said. "What you see is what you get. Outside of tipping for services, your trip is paid in full weeks before you even travel. Abbey Meyer Where as in a trip to, say, Hawaii, it's kind of a roll of the dice to see how much you end up spending. Those $20 mai tais can really add up." Hyatt said that 88% of the company's Q2 all-inclusive business is already booked, providing high confidence in a continued strong performance. However, that sector's strength stands in stark contrast to slowing leisure demand elsewhere. Hyatt revised its full-year RevPAR growth outlook downward to 1% to 3%, anticipating relatively flat performance for the remainder of 2025. "We have seen signs of slowing customer booking behavior, particularly in short-term leisure and business transient demand," said Joan Bottarini, Hyatt's CFO. Canadians choose Mexico over the U.S. A significant boost for Hyatt's all-inclusives, the company said, is coming from Canadian travelers who are increasingly skipping the U.S. for their leisure vacations. It's a shift that began earlier this year, amid escalating trade tensions and controversial remarks President Trump made about making Canada the 51st U.S. state. "We have seen increases in Canadian travelers into Mexico and the Caribbean," Hoplamazian said. "The Canadian travelers are basically adding a boost to overall results in Q1 and in terms of the pace that we see in the next couple months." It's a shift that's becoming more pronounced, said Maureen Barnes-Smith, vice president of sales and marketing for Unique Vacations Canada. McKenzie McMillan "We are seeing an increase in Canadian travelers heading to the region," she said. "Canadian airlines and tour operators are also responding by expanding routes and increasing direct service, including several from new Canadian gateways." McKenzie McMillan, a luxury consultant and supplier relations manager with Vancouver-based The Travel Group, reported increased client interest in Caribbean and Mexico destinations, including a recent "last-minute uptick as clients planned their spring break or pivoted away from U.S. destinations." "We do expect specifically Mexico requests to increase as we head into the fall/winter booking season," McMillan added. Johanna Jainchill contributed to this report.
