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Hyatt Hotels H Incentive management fees — Total revenues

Other product segments

Revenues for reimbursed costs
$945M+6.7%
Distribution
$274M-13.0%
Rooms and packages
$146M-1.4%
Base management fees
$133M+10.8%
Franchise and other fees
$122M+2.5%
Food and beverage
$48M+4.3%
Other
$29M0.0%
Contra revenue
-$23M-15.0%
Other revenues
$0-100%

Similar metrics at other companies

Marriott International logo
MARIncentive management fees — Gross fee revenues
$222M+8.8%
Diamondrock Hospitality Company
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DRHManagement fees — Incentive management fees
$1.29M-10.9%
Hilton Worldwide logo
HLTManagement Service Incentive — Revenue
$69M-8.0%
The RMR Group logo
RMRIncentive fees — Total revenues
$0-100%
Braemar Hotels & Resorts logo
BHRDirect Hotel Investments — Incentive management fee
$5.14M+21.6%
Hamilton Lane logo
HLNEIncentive fees — Total revenues
$38.39M-45.3%

Other financials

Income statement

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Revenue$1.7B+1.7%
Net income$38.0M+90.0%
EPS (diluted)$0.40+111%

Balance sheet

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Cash & equivalents$594.0M-65.8%
Total debt$5.1B+11.1%
Total equity$3.2B-6.7%
Total assets$13.9B-0.7%

Cash flow

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Operating cash flow$100.0M-34.6%
CapEx$23.0M-23.3%
Free cash flow$77.0M-37.4%

Valuation

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Market cap$18B+27.6%
Enterprise value$22.53B+15.0%
P/S2.5×+0.4×

Profitability

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Net margin-0.5%-13.3pp
FCF margin9.8%+2.0pp

Returns & leverage

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Return on equity-1%-24.9pp
Debt / equity1.6×+0.3×
Current ratio0.6×-0.4×

Where this comes from

Reported directly by Hyatt Hotels in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: Hyatt Hotels’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Hyatt Hotels's incentive management fees — total revenues?
Hyatt Hotels (H) reported incentive management fees — total revenues of $87M in Q1 2026.
How has Hyatt Hotels's incentive management fees — total revenues changed year-over-year?
Hyatt Hotels's incentive management fees — total revenues increased by 13.0% year-over-year, from $77M to $87M.
What is the long-term trend for Hyatt Hotels's incentive management fees — total revenues?
Over 4 years (2021 to 2025), Hyatt Hotels's incentive management fees — total revenues has grown at a 48.2% compound annual growth rate (CAGR), from $58M to $280M.
What does incentive management fees — total revenues mean?
This metric represents the revenue generated from performance-based management fees earned by the company for operating third-party owned hotel properties. These fees are typically contingent upon the hotel achieving specific profitability thresholds, such as exceeding a target level of gross operating profit. This revenue stream serves as a key indicator of the operational success and efficiency of the company's managed property portfolio.