Hyatt Hotels H
NYSE H
$165.98 +0.60 (+0.36%)
At close: Sep 4, 2026 · 4:00 PM EDT

Hyatt Hotels (H) Operating Expenses (2010 - 2026)

Hyatt Hotels' (H) quarterly Operating Expenses came in at $1.7 billion in Q2 2026, down 2.74% on a YoY basis from $1.8 billion in Q2 2025, and up 4.42% quarter-over-quarter from $1.6 billion in Q1 2026.

Analysis

Hyatt Hotels (H) Operating Expenses (2010 - 2026) Analysis & Trends

Hyatt Hotels (H) has reported Operating Expenses for 17 consecutive years, with $1.7 billion the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Operating Expenses fell 2.74% year-over-year to $1.7 billion; the trailing twelve-month figure through Jun 2026 stood at $6.7 billion (up 4.8% YoY), and the FY2025 full-year result was $6.8 billion, up 7.63% from the prior year.
  • Operating Expenses grew to $1.7 billion in Q2 2026 per H's latest filing, from $1.6 billion in the prior quarter.
  • Across five years, Operating Expenses topped out at $1.8 billion in Q2 2025 and bottomed at $1.3 billion in Q1 2022.
  • Historically, Operating Expenses has averaged $1.6 billion across 5 years, with a median of $1.6 billion in 2023.
  • The sharpest annual moves came in 2022 and 2024: Operating Expenses soared 111.97% in 2022, then fell 7.7% in 2024.
  • Over 5 years, Operating Expenses stood at $1.5 billion in 2022, then increased by 7.57% to $1.6 billion in 2023, then retreated by 7.7% to $1.5 billion in 2024, then gained by 11.7% to $1.7 billion in 2025, then increased by 0.12% to $1.7 billion in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $1.7 billion, $1.6 billion, and $1.7 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Marriott International 87.75 Bn 87.29 Bn 1.97 Bn 5.84 Bn
2 Hilton Worldwide Holdings 70.18 Bn 69.20 Bn 3.08 Bn 2.48 Bn
3 Hyatt Hotels 15.65 Bn 15.36 Bn 809.00 Mn 1.70 Bn
4 H World 14.06 Bn 11.97 Bn 453.94 Mn -753.00 Mn
5 Atour Lifestyle Holdings 8.60 Bn 7.76 Bn 511.83 Mn 80.75 Mn
6 Wyndham Hotels & Resorts 5.33 Bn 5.26 Bn 349.00 Mn 201.00 Mn
7 Choice Hotels International 4.55 Bn 4.50 Bn 243.10 Mn 336.62 Mn
8 Hotel101 Global Holdings 1.22 Bn 1.20 Bn - -
9 Studio City International Holdings 329.33 Mn 206.54 Mn 144.08 Mn -14.78 Mn
10 GreenTree Hospitality 113.35 Mn 117.86 Mn 34.50 Mn -27.95 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 1.70 Bn
Mar 31, 2026 1.63 Bn
Dec 31, 2025 1.70 Bn
Sep 30, 2025 1.69 Bn
Jun 30, 2025 1.75 Bn
Mar 31, 2025 1.62 Bn
Dec 31, 2024 1.52 Bn
Sep 30, 2024 1.53 Bn
Jun 30, 2024 1.55 Bn
Mar 31, 2024 1.67 Bn
Dec 31, 2023 1.65 Bn
Sep 30, 2023 1.52 Bn
Jun 30, 2023 1.60 Bn
Mar 31, 2023 1.60 Bn
Dec 31, 2022 1.53 Bn
Sep 30, 2022 1.40 Bn
Jun 30, 2022 1.31 Bn
Mar 31, 2022 1.26 Bn
Dec 31, 2021 1.11 Bn
Sep 30, 2021 844.00 Mn