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| Date | Value |
|---|---|
| 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 |