Wyndham Hotels & Resorts (WH) Operating Expenses (2017 - 2026)
Wyndham Hotels & Resorts (WH) reported Operating Expenses of $201 million for Q2 2026, down 18.6% from $247 million a year earlier and down 5.6% from the prior quarter.
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Analysis
Wyndham Hotels & Resorts (WH) Operating Expenses (2017 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Wyndham Hotels & Resorts' Operating Expenses came in at $988 million, up 11.3% year-over-year; for FY2025, it came in at $1.03 billion, up 12.5% from FY2024.
- Operating Expenses has a five-year compound annual growth rate of -5.3% (FY2020 to FY2025).
- By year, Operating Expenses came in at $913 million in FY2024 (+2.1%), $894 million in FY2023 (-4.9%), $940 million in FY2022 (-16.0%) and $1.12 billion in FY2021 (-16.9%).
- The Q2 2026 figure ranks as the lowest quarterly Operating Expenses since Q1 2023.
- Year over year, Operating Expenses gained in three of the last eight quarters, with growth averaging 4.3%.
- The high point for year-over-year Operating Expenses in five years was Q4 2025 (growth of 74.5%); the low point was Q4 2022 (a decline of 20.7%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $213 million (Q1 2026), $370 million (Q4 2025) and $204 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 93.50 Bn | 91.55 Bn | 1.55 Bn | 5.84 Bn |
| 2 | Hilton Worldwide Holdings | 72.30 Bn | 68.78 Bn | 3.08 Bn | 2.48 Bn |
| 3 | Royal Caribbean Cruises | 64.91 Bn | 62.49 Bn | 2.29 Bn | 513.00 Mn |
| 4 | Viking Holdings | 35.75 Bn | 20.87 Bn | 996.62 Mn | -268.67 Mn |
| 5 | Carnival | 30.35 Bn | 23.01 Bn | - | 4.23 Bn |
| 6 | Intercontinental Hotels | 26.52 Bn | 22.08 Bn | - | - |
| 7 | Trip.com | 25.92 Bn | -19.63 Bn | 1.84 Bn | -1.49 Bn |
| 8 | Hyatt Hotels | 15.20 Bn | 12.68 Bn | 388.00 Mn | 1.70 Bn |
| 9 | H World | 13.30 Bn | 4.22 Bn | - | -753.00 Mn |
| 10 | Wyndham Hotels & Resorts | 5.26 Bn | 4.98 Bn | 244.00 Mn | 201.00 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 |
API Access
Wyndham Hotels & Resorts Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=WH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "WH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=WH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();