In 2023, hotel giant Hyatt Hotels Corporation generated approximately 6.67 billion U.S. dollars in revenue from operations worldwide. This shows a slight increase when compared to the previous year's total of 5.89 billion. Since 2020, the company's revenue has increased year-over-year.
Brand value
A hotel’s brand value is most commonly determined using the Royalty Relief approach. This involves calculating a brand’s strength and estimating forecast revenue to give the company a better grasp of its position on the market. In 2022, Hyatt Hotels Corporation garnered a global brand value of 5.9 billion U.S. dollars. That being said, the global brand value of Hilton was worth over twice as much as Hyatt.
The Hyatt brand
Despite not having the highest brand value of the world's leading hotel companies, Hyatt Hotels Corporation is still ranked highly among its competitors. In 2023, the number of Hyatt Hotels Corporation hotels worldwide, exceeded 1,200. According to the American Customer Satisfaction Index (ACSI), guests in the United States gave Hyatt a 80 out of 100 rating in 2023, which was higher than the industry average of 75.
Revenue of Hyatt Hotels Corporation worldwide from 2008 to 2023
(in billion U.S. dollars)
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Hyatt. (February 23, 2024). Revenue of Hyatt Hotels Corporation worldwide from 2008 to 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/257362/revenue-of-the-hyatt-hotels-corporation/
Hyatt. "Revenue of Hyatt Hotels Corporation worldwide from 2008 to 2023 (in billion U.S. dollars)." Chart. February 23, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/257362/revenue-of-the-hyatt-hotels-corporation/
Hyatt. (2024). Revenue of Hyatt Hotels Corporation worldwide from 2008 to 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/257362/revenue-of-the-hyatt-hotels-corporation/
Hyatt. "Revenue of Hyatt Hotels Corporation Worldwide from 2008 to 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 23 Feb 2024, https://www.statista.com/statistics/257362/revenue-of-the-hyatt-hotels-corporation/
Hyatt, Revenue of Hyatt Hotels Corporation worldwide from 2008 to 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/257362/revenue-of-the-hyatt-hotels-corporation/ (last visited November 21, 2024)
Revenue of Hyatt Hotels Corporation worldwide from 2008 to 2023 (in billion U.S. dollars) [Graph], Hyatt, February 23, 2024. [Online]. Available: https://www.statista.com/statistics/257362/revenue-of-the-hyatt-hotels-corporation/