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

Wyndham Hotels & Resorts (WH) recorded quarterly Operating Expenses of $213.0 million in Q1 2026, down 42.43% quarter-over-quarter from $370.0 million in Q4 2025, and up 4.41% on a YoY basis from $204.0 million in Q1 2025.

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 $213.0 million for Q1 2026.

  • In Q1 2026, Operating Expenses rose 4.41% year-over-year to $213.0 million; the TTM figure through Mar 2026 stood at $1.0 billion (up 19.81% YoY), while the FY2025 annual figure was $1.0 billion, up 12.49% from the prior year.
  • Operating Expenses was $213.0 million for Q1 2026 at Wyndham Hotels & Resorts, down from $370.0 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $370.0 million in Q4 2025 to a low of $200.0 million in Q1 2023.
  • Historically, Operating Expenses has averaged $234.5 million across 5 years, with a median of $225.0 million in 2024.
  • The sharpest annual moves came in 2022 and 2025: Operating Expenses slipped 20.72% in 2022, then surged 74.53% in 2025.
  • A 5-year view of Operating Expenses shows it stood at $241.0 million in 2022, then declined by 9.96% to $217.0 million in 2023, then dropped by 2.3% to $212.0 million in 2024, then soared by 74.53% to $370.0 million in 2025, then plunged by 42.43% to $213.0 million in 2026.
  • The last three Operating Expenses figures came in at $213.0 million (Q1 2026), $370.0 million (Q4 2025), and $204.0 million (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 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
Jun 30, 2021 273.00 Mn