Wyndham Hotels & Resorts (WH) Operating Expenses (2017 - 2026)
Wyndham Hotels & Resorts (WH) posted Operating Expenses of $201.0 million for Q2 2026, down 5.63% on a QoQ basis from $213.0 million in Q1 2026, and down 18.62% year-over-year from $247.0 million in Q2 2025.
Analysis
Wyndham Hotels & Resorts (WH) Operating Expenses (2017 - 2026) Analysis & Trends
Wyndham Hotels & Resorts has reported Operating Expenses for 10 years, with the latest figure at $201.0 million in Q2 2026.
- On a quarterly basis, Operating Expenses fell 18.62% year-over-year to $201.0 million in Q2 2026; TTM through Jun 2026 was $988.0 million, a 11.26% increase from a year earlier, with the FY2025 full-year figure at $1.0 billion, up 12.49% from the prior year.
- Operating Expenses was $201.0 million for Q2 2026 at Wyndham Hotels & Resorts, 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.
- Average Operating Expenses over 5 years is $232.7 million, with a median of $223.5 million recorded in 2024.
- The sharpest annual moves came in 2022 and 2025: Operating Expenses dropped 20.72% in 2022, then soared 74.53% in 2025.
- Over 5 years, Operating Expenses stood at $241.0 million in 2022, then fell by 9.96% to $217.0 million in 2023, then declined by 2.3% to $212.0 million in 2024, then jumped by 74.53% to $370.0 million in 2025, then slumped by 45.68% to $201.0 million in 2026.
- The last three Operating Expenses figures came in at $201.0 million (Q2 2026), $213.0 million (Q1 2026), and $370.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 87.75 Bn | 87.29 Bn | 1.97 Bn | 5.84 Bn |
| 2 | Hilton Worldwide Holdings | 70.18 Bn | 69.20 Bn | 3.08 Bn | 2.48 Bn |
| 3 | Hyatt Hotels | 15.65 Bn | 15.36 Bn | 809.00 Mn | 1.70 Bn |
| 4 | H World | 14.06 Bn | 11.97 Bn | 453.94 Mn | -753.00 Mn |
| 5 | Atour Lifestyle Holdings | 8.60 Bn | 7.76 Bn | 511.83 Mn | 80.75 Mn |
| 6 | Wyndham Hotels & Resorts | 5.33 Bn | 5.26 Bn | 349.00 Mn | 201.00 Mn |
| 7 | Choice Hotels International | 4.55 Bn | 4.50 Bn | 243.10 Mn | 336.62 Mn |
| 8 | Hotel101 Global Holdings | 1.22 Bn | 1.20 Bn | - | - |
| 9 | Studio City International Holdings | 329.33 Mn | 206.54 Mn | 144.08 Mn | -14.78 Mn |
| 10 | GreenTree Hospitality | 113.35 Mn | 117.86 Mn | 34.50 Mn | -27.95 Mn |
Historic Data
Download Data
Historic 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 |