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Hyatt Hotels H Net 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%
Incentive management fees
$87M+13.0%
Food and beverage
$48M+4.3%
Other
$29M0.0%
Contra revenue
-$23M-15.0%
Other revenues
$0-100%

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$1.43B+12.4%
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$1.86M-22.5%
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$149.63M+3.1%
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$47.26M+5.7%
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MARFranchise fees — Gross fee revenues
$872M+16.9%

Other financials

Income statement

See full
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$17.62B+24.9%
Enterprise value$22.15B+13.0%
P/S2.5×+0.4×

Profitability

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

Returns & leverage

See full
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 net fees — total revenues?
Hyatt Hotels (H) reported net fees — total revenues of $310M in Q1 2026.
How has Hyatt Hotels's net fees — total revenues changed year-over-year?
Hyatt Hotels's net fees — total revenues increased by 8.0% year-over-year, from $287M to $310M.
What is the long-term trend for Hyatt Hotels's net fees — total revenues?
Over 3 years (2022 to 2025), Hyatt Hotels's net fees — total revenues has grown at a 12.7% compound annual growth rate (CAGR), from $777M to $1.11B.
What does net fees — total revenues mean?
This metric represents the total revenue generated from management and franchise fees within the company's asset-light business segment. It reflects the income earned by providing brand, operational, and marketing services to third-party hotel owners rather than through direct property ownership. This revenue stream is a critical indicator of the company's ability to scale its brand presence and generate high-margin, recurring cash flows without significant capital expenditure.