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

Hyatt Hotels (H) reported Operating Expenses of $1.6 billion for Q1 2026, up 0.93% on a YoY basis from $1.6 billion in Q1 2025, and down 4.12% quarter-over-quarter from $1.7 billion in Q4 2025.

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

Hyatt Hotels has reported Operating Expenses for 17 years, with the latest figure 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.
  • The five-year high for Operating Expenses was $1.8 billion in Q2 2025, with the low 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.
  • Annual changes were most pronounced in 2022 — Operating Expenses surged 111.97% — and 2024, when it declined 7.7%.
  • Hyatt Hotels' Operating Expenses 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 declined 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 106.28 Bn 105.82 Bn 6.38 Bn 5.59 Bn
2 Hilton Worldwide Holdings 80.50 Bn 79.97 Bn - 2.26 Bn
3 Intercontinental Hotels 26.35 Bn 25.21 Bn - -
4 Hyatt Hotels 18.67 Bn 18.32 Bn 1.75 Bn 1.63 Bn
5 Wyndham Hotels & Resorts 6.42 Bn 6.34 Bn 302.00 Mn 213.00 Mn
6 Choice Hotels International 5.30 Bn 5.26 Bn 316.92 Mn 280.54 Mn
7 Atour Lifestyle Holdings 2.06 Bn -359.74 Bn 241.80 Mn -324.67 Mn
8 Civeo 370.36 Mn 353.81 Mn 40.16 Mn 169.54 Mn
9 GreenTree Hospitality 5.49 Mn -227.74 Mn 26.57 Mn -50.43 Mn
10 H World 1,693.88 -1.44 Bn 824.36 Mn -656.00 Mn

Historic Data

Download Data
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