Hyatt Hotels (H) Operating Expenses (2010 - 2026)
Hyatt Hotels (H) posted Operating Expenses of $1.6 billion for Q1 2026, down 4.12% on a QoQ basis from $1.7 billion in Q4 2025, and up 0.93% year-over-year from $1.6 billion in Q1 2025.
Hyatt Hotels (H) Operating Expenses (2010 - 2026) Analysis & Trends
Hyatt Hotels' Operating Expenses history runs 17 years deep, the most recent figure standing at $1.6 billion for Q1 2026.
- Quarterly Operating Expenses rose 0.93% year-over-year to $1.6 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $6.8 billion (up 8.9% YoY) and the FY2025 annual result came in at $6.8 billion, up 7.63% from the prior year.
- Operating Expenses was $1.6 billion for Q1 2026 at Hyatt Hotels, 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.
- 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 decreased 7.7%.
- Hyatt Hotels' 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 retreated by 4.12% to $1.6 billion in 2026.
- Business Quant data shows H's Operating Expenses at $1.6 billion in Q1 2026, $1.7 billion in Q4 2025, and $1.7 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Intercontinental Hotels | 24,088,955.24 Bn | 24,088,950.39 Bn | - | - |
| 2 | Marriott International | 96.11 Bn | 95.65 Bn | 6.38 Bn | 5.59 Bn |
| 3 | Hilton Worldwide Holdings | 73.11 Bn | 73.08 Bn | 2.70 Bn | 2.26 Bn |
| 4 | Hyatt Hotels | 17.34 Bn | 16.99 Bn | 1.75 Bn | 1.63 Bn |
| 5 | Atour Lifestyle Holdings | 12.95 Bn | -818.18 Bn | 241.80 Mn | -324.67 Mn |
| 6 | Wyndham Hotels & Resorts | 5.54 Bn | 5.46 Bn | 349.00 Mn | 201.00 Mn |
| 7 | Choice Hotels International | 4.94 Bn | 4.90 Bn | 316.92 Mn | 280.54 Mn |
| 8 | H World | 1.80 Bn | 19.15 Mn | 337.97 Mn | -656.00 Mn |
| 9 | Civeo | 398.09 Mn | 381.54 Mn | 40.16 Mn | 169.54 Mn |
| 10 | Mdjm | 2,036.85 | -698,442.15 | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |