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-on-year from $247.0 million in Q2 2025, and down 5.63% on a QoQ basis from $213.0 million in Q1 2026.

Wyndham Hotels & Resorts (WH) Operating Expenses (2017 - 2026) Analysis & Trends

Wyndham Hotels & Resorts (WH) has reported Operating Expenses for 10 consecutive years, with $201.0 million the latest figure, recorded in Q2 2026.

  • Quarterly Operating Expenses fell 18.62% year-over-year to $201.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $988.0 million (up 11.26% YoY) and the FY2025 annual result came in at $1.0 billion, up 12.49% from the prior year.
  • Operating Expenses eased to $201.0 million in Q2 2026 per WH's latest filing, from $213.0 million in the prior quarter.
  • Over the last five years, Operating Expenses for WH reached as high as $370.0 million in Q4 2025 and fell as low as $200.0 million in Q1 2023.
  • A 5-year average of $232.7 million and a median of $223.5 million in 2024 frame the typical range for Operating Expenses.
  • Annual changes were most pronounced in 2022 — Operating Expenses dropped 20.72% — and 2025, when it soared 74.53%.
  • Year by year, Operating Expenses stood at $241.0 million in 2022, then retreated by 9.96% to $217.0 million in 2023, then fell by 2.3% to $212.0 million in 2024, then surged by 74.53% to $370.0 million in 2025, then tumbled by 45.68% to $201.0 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $201.0 million, $213.0 million, and $370.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.

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
DateValue
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