Hyatt Targets 90% Asset-Light Business, Plans More Hotel Sales

Hyatt is closing in on a milestone it has been working toward for nearly a decade: becoming almost entirely asset-light.

“We are now fully transformed into an asset-light business, and we expect asset-light earnings of 90% in 2026,” president and CEO Mark Hoplamazian said on the company’s earnings call on Thursday.

Hyatt currently derives more than 80% of its earnings from asset-light operations, up from roughly 40% when i