Originally Posted by
notquiteaff
The slide below is from the Investor Day 2016 presentation (p20).
Yes, Hyatt's ADR is higher than Marriott's and Hilton's. But they also claim to have 73% of their rooms in the Luxury and Upper Upscale category, with Marriott at 58% and Hilton at 38%. So how much of Hyatt's higher ADR can be attributed to a larger mix of inherently more expensive rooms?
The question I would have is whether they have and will continue to have pricing power for rooms in the same category as their competition.
I also wonder if the Starwood properties are included in that Marriott calculation. (Probably not so Hyatt looks better.) I would think SPG had higher ADRs that Marriott due to the larger luxury footprint vs budget footprint.