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% YoY from $1.8 billion in Q2 2025, and up 4.42% on a QoQ basis from $1.6 billion in Q1 2026.
Hyatt Hotels (H) Operating Expenses (2010 - 2026) Analysis & Trends
Hyatt Hotels (H) has 17 years of Operating Expenses data on file, last reported at $1.7 billion in Q2 2026.
- Quarterly Operating Expenses fell 2.74% year-over-year to $1.7 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $6.7 billion (up 4.8% YoY) and the FY2025 annual result came in at $6.8 billion, up 7.63% from the prior year.
- Operating Expenses climbed to $1.7 billion in Q2 2026, from $1.6 billion in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $1.8 billion in Q2 2025 to a low of $1.3 billion in Q1 2022.
- A 5-year average of $1.6 billion and a median of $1.6 billion in 2023 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2022 — Operating Expenses surged 111.97% — and 2024, when it declined 7.7%.
- Tracing H's Operating Expenses over 5 years: stood at $1.5 billion in 2022, then climbed by 7.57% to $1.6 billion in 2023, then declined by 7.7% to $1.5 billion in 2024, then increased by 11.7% to $1.7 billion in 2025, then climbed by 0.12% to $1.7 billion in 2026.
- The last three Operating Expenses figures came in at $1.7 billion (Q2 2026), $1.6 billion (Q1 2026), and $1.7 billion (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 93.02 Bn | 92.56 Bn | 1.97 Bn | 5.84 Bn |
| 2 | Hilton Worldwide Holdings | 73.87 Bn | 72.89 Bn | 3.08 Bn | 2.48 Bn |
| 3 | Hyatt Hotels | 17.07 Bn | 16.78 Bn | 809.00 Mn | 1.70 Bn |
| 4 | H World | 12.87 Bn | 11.09 Bn | 337.97 Mn | -656.00 Mn |
| 5 | Atour Lifestyle Holdings | 8.56 Bn | -826.02 Bn | 242.81 Mn | -324.67 Mn |
| 6 | Wyndham Hotels & Resorts | 5.47 Bn | 5.40 Bn | 349.00 Mn | 201.00 Mn |
| 7 | Choice Hotels International | 4.72 Bn | 4.68 Bn | 243.10 Mn | 336.62 Mn |
| 8 | Civeo | 364.78 Mn | 344.17 Mn | 41.41 Mn | 174.93 Mn |
| 9 | Intercontinental Hotels | 115.49 Mn | -4.73 Bn | - | - |
| 10 | GreenTree Hospitality | 112.00 Mn | 4,368.01 Bn | 32.55 Mn | -29.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |