[SCHEDULE 13G/A] Hyatt Hotels Corporation SEC Filing

Rhea-AI Filing Summary

Massachusetts Financial Services Company (MFS) filed Amendment No. 2 to Schedule 13G reporting a 5.3 % beneficial ownership of Hyatt Hotels Corporation (NYSE: H) common stock as of 30 June 2025. The filing shows MFS holds 2,220,782 shares, of which 2,163,195 shares carry sole voting power; the entire position is subject to sole dispositive power, with no shared voting or disposition rights.

MFS classifies itself as an investment adviser under Rule 13d-1(b)(1)(ii)(E) and certifies the shares are held in the ordinary course of business, not to influence control of Hyatt. No group affiliations, subsidiary details, or other reportable events are disclosed. The document is signed by Compliance Officer Lisa Neaves on 4 Aug 2025.

Crossing the 5 % threshold triggers mandatory disclosure but does not imply activist intentions. The position may nevertheless be read as a sign of continued institutional confidence in Hyatt’s equity.

Positive

• MFS now publicly discloses a 5.3 % stake in Hyatt, underscoring ongoing institutional confidence in the company.

Negative

• None.

Insights

Securities Analyst

TL;DR: Passive 5.3 % stake by MFS signals institutional support but no strategic pressure on Hyatt.

MFS’s disclosure confirms it remains a significant, yet passive, holder of Hyatt shares. The 5.3 % stake is meaningful but well below levels associated with control or activism. Because MFS claims sole voting/dispositive power and ordinary-course intent, the filing is largely informational. It may modestly bolster investor sentiment by highlighting continued institutional ownership, but does not alter Hyatt’s governance, capital structure, or earnings outlook. Impact on valuation or liquidity should be minimal.

Corporate Governance Expert

TL;DR: Filing obliges transparency, adds no governance pressure; impact neutral.

Schedule 13G filings at the 5 % threshold are routine compliance events. MFS’s passive stance—no group formation, no intent to influence control—means Hyatt’s board composition and strategic direction remain unaffected. The filing does, however, ensure the market has an updated view of significant shareholders, which supports governance transparency. Given the absence of activist language or collaborative groups, I classify the governance impact as neutral.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 2)

HYATT HOTELS CORPORATION

(Name of Issuer)

Common Stock

(Title of Class of Securities)

448579102

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 448579102

1

Names of Reporting Persons

Massachusetts Financial Services Company

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 2,163,195.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 2,220,782.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2,220,782.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.3 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: HYATT HOTELS CORPORATION
(b)	Address of issuer's principal executive offices: 150 North Riverside Plaza, 8th Floor, Chicago, IL 60606
Item 2.
(a)	Name of person filing: Massachusetts Financial Services Company
(b)	Address or principal business office or, if none, residence: 111 Huntington Avenue, Boston, MA 02199
(c)	Citizenship: Delaware
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 448579102
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 2,220,782 shares of Common Stock consisting of shares beneficially owned by MFS and/or certain other non-reporting entities
(b)	Percent of class: 5.3 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 2,163,195
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 2,220,782
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Massachusetts Financial Services Company

Signature:	Lisa Neaves
Name/Title:	Compliance Officer
Date:	08/04/2025

FAQ

How many Hyatt (H) shares does MFS own?

MFS reports beneficial ownership of 2,220,782 common shares.

What percentage of Hyatt’s outstanding stock does this represent?

The holding equals 5.3 % of Hyatt’s outstanding common shares.

Does MFS have shared voting power over Hyatt shares?

No. MFS lists 0 shares with shared voting or disposition power.

Is MFS’s position activist or passive?

The filing is on Schedule 13G and states the shares are held in the ordinary course of business, indicating a passive position.

When was the ownership threshold crossed?

The reportable event date is 30 June 2025.

Who signed the Schedule 13G/A for MFS?

The document was signed by Lisa Neaves, Compliance Officer, on 4 Aug 2025.