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| 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 |