Wyndham Hotels & Resorts (WH) Operating Expenses (2017 - 2026)
Wyndham Hotels & Resorts (WH) posted quarterly Operating Expenses of $201.0 million for Q2 2026, down 18.62% year-over-year from $247.0 million in Q2 2025, and down 5.63% quarter-over-quarter from $213.0 million in Q1 2026.
Wyndham Hotels & Resorts (WH) Operating Expenses (2017 - 2026) Analysis & Trends
Wyndham Hotels & Resorts' Operating Expenses history runs 10 years deep, the most recent figure standing at $201.0 million for Q2 2026.
- In Q2 2026, Operating Expenses fell 18.62% year-over-year to $201.0 million; the TTM figure through Jun 2026 stood at $988.0 million (up 11.26% YoY), while the FY2025 annual figure was $1.0 billion, up 12.49% from the prior year.
- Operating Expenses for Q2 2026 stood at $201.0 million, down from $213.0 million in the prior quarter.
- The five-year high for Operating Expenses was $370.0 million in Q4 2025, with the low at $200.0 million in Q1 2023.
- The 5-year median for Operating Expenses is $223.5 million (2024), against an average of $232.7 million.
- The sharpest annual moves came in 2022 and 2025: Operating Expenses decreased 20.72% in 2022, then jumped 74.53% in 2025.
- Wyndham Hotels & Resorts' Operating Expenses stood at $241.0 million in 2022, then dropped by 9.96% to $217.0 million in 2023, then slipped by 2.3% to $212.0 million in 2024, then surged by 74.53% to $370.0 million in 2025, then slumped by 45.68% to $201.0 million in 2026.
- Business Quant data shows WH's Operating Expenses at $201.0 million in Q2 2026, $213.0 million in Q1 2026, and $370.0 million in Q4 2025.
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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 | 201.00 Mn |
| Mar 31, 2026 | 213.00 Mn |
| Dec 31, 2025 | 370.00 Mn |
| Sep 30, 2025 | 204.00 Mn |
| Jun 30, 2025 | 247.00 Mn |
| Mar 31, 2025 | 204.00 Mn |
| Dec 31, 2024 | 212.00 Mn |
| Sep 30, 2024 | 225.00 Mn |
| Jun 30, 2024 | 222.00 Mn |
| Mar 31, 2024 | 255.00 Mn |
| Dec 31, 2023 | 217.00 Mn |
| Sep 30, 2023 | 239.00 Mn |
| Jun 30, 2023 | 239.00 Mn |
| Mar 31, 2023 | 200.00 Mn |
| Dec 31, 2022 | 241.00 Mn |
| Sep 30, 2022 | 247.00 Mn |
| Jun 30, 2022 | 241.00 Mn |
| Mar 31, 2022 | 211.00 Mn |
| Dec 31, 2021 | 304.00 Mn |
| Sep 30, 2021 | 302.00 Mn |