KPIs & Operating Metrics(New)
Growth Metrics

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

Hyatt Hotels posted quarterly Operating Expenses of $1.6 billion for Q1 2026, up 0.93% year-on-year from $1.6 billion in Q1 2025, and down 4.12% on a QoQ basis from $1.7 billion in Q4 2025.

Hyatt Hotels (H) has 17 years of Operating Expenses data on file, last reported at $1.6 billion in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 0.93% year-over-year to $1.6 billion; the trailing twelve-month figure through Mar 2026 stood at $6.8 billion (up 8.9% YoY), and the FY2025 full-year result was $6.8 billion, up 7.63% from the prior year.
  • Operating Expenses for Q1 2026 stood at $1.6 billion, down from $1.7 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.
  • The 5-year median for Operating Expenses is $1.6 billion (2023), against an average of $1.6 billion.
  • The widest annual swing landed in 2022, when Operating Expenses surged 111.97%; it then declined 7.7% in 2024.
  • A 5-year view of Operating Expenses shows it stood at $1.5 billion in 2022, then grew by 7.57% to $1.6 billion in 2023, then fell by 7.7% to $1.5 billion in 2024, then rose by 11.7% to $1.7 billion in 2025, then fell by 4.12% to $1.6 billion in 2026.
  • The last three Operating Expenses figures came in at $1.6 billion (Q1 2026), $1.7 billion (Q4 2025), and $1.7 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Marriott International 98.23 Bn 97.78 Bn 6.38 Bn 5.59 Bn
2 Hilton Worldwide Holdings 73.53 Bn 72.99 Bn - 2.26 Bn
3 Intercontinental Hotels 23.64 Bn 22.51 Bn - -
4 Hyatt Hotels 16.45 Bn 16.11 Bn 1.75 Bn 1.63 Bn
5 Wyndham Hotels & Resorts 5.97 Bn 5.89 Bn 302.00 Mn 213.00 Mn
6 Choice Hotels International 5.17 Bn 5.13 Bn 316.92 Mn 280.54 Mn
7 Civeo 373.70 Mn 357.15 Mn 40.16 Mn 169.54 Mn
8 GreenTree Hospitality 5.49 Mn -227.74 Mn 30.29 Mn -50.43 Mn
9 Atour Lifestyle Holdings 1.18 Mn -299.91 Bn 241.80 Mn -324.67 Mn
10 H World 1,745.92 -1.44 Bn 824.36 Mn -656.00 Mn

Historic Data

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DateValue
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
Jun 30, 2021 733.00 Mn
Mar 31, 2021 593.00 Mn
Dec 31, 2020 635.00 Mn
Sep 30, 2020 567.00 Mn
Jun 30, 2020 508.00 Mn
Mar 31, 2020 988.00 Mn
Dec 31, 2019 1.23 Bn
Sep 30, 2019 1.18 Bn
Jun 30, 2019 1.21 Bn
Mar 31, 2019 1.22 Bn
Dec 31, 2018 1.05 Bn
Sep 30, 2018 1.01 Bn
Jun 30, 2018 1.03 Bn
Mar 31, 2018 1.03 Bn
Dec 31, 2017 1.07 Bn
Sep 30, 2017 1.01 Bn
Jun 30, 2017 1.05 Bn
Mar 31, 2017 1.07 Bn
Dec 31, 2016 1.03 Bn
Sep 30, 2016 1.02 Bn
Jun 30, 2016 1.06 Bn
Mar 31, 2016 1.02 Bn
Dec 31, 2015 1.05 Bn
Sep 30, 2015 965.00 Mn
Jun 30, 2015 998.00 Mn
Mar 31, 2015 995.00 Mn
Dec 31, 2014 1.04 Bn
Sep 30, 2014 1.03 Bn
Jun 30, 2014 1.04 Bn
Mar 31, 2014 1.02 Bn
Dec 31, 2013 1.04 Bn
Sep 30, 2013 973.00 Mn
Jun 30, 2013 984.00 Mn
Mar 31, 2013 958.00 Mn
Dec 31, 2012 961.00 Mn
Sep 30, 2012 937.00 Mn
Jun 30, 2012 941.00 Mn
Mar 31, 2012 951.00 Mn
Dec 31, 2011 962.00 Mn
Sep 30, 2011 844.00 Mn
Jun 30, 2011 881.00 Mn
Mar 31, 2011 858.00 Mn
Dec 31, 2010 902.00 Mn
Sep 30, 2010 867.00 Mn
Jun 30, 2010 830.00 Mn
Mar 31, 2010 820.00 Mn