Hyatt Hotels Corporation announced its third quarter 2025 results, reporting a comparable system-wide hotels RevPAR increase of 0.3% compared to the third quarter of 2024. Net rooms growth was 12.1%, with net rooms growth excluding acquisitions at 7.0%. The company reported a net loss attributable to Hyatt Hotels Corporation of $(49) million and an adjusted net loss of $(29) million. Diluted earnings per share were $(0.51), with adjusted diluted EPS at $(0.30). Gross fees totaled $283 million, representing a 5.9% increase from the prior year period. The distribution segment's adjusted EBITDA declined year-over-year due to lower booking volumes and the absence of a one-time benefit experienced last year. During the quarter, Hyatt opened 5,163 rooms, including notable properties such as Park Hyatt Kuala Lumpur and Hyatt Regency Times Square. The company also announced a master franchise agreement with HomeInns Hotel Group to develop 50 Hyatt Studios branded hotels in China. Hyatt expects to return approximately $350 million in capital to shareholders through dividends and share repurchases.