Reimbursed costs — Costs of goods and services sold
Hyatt Hotels Reimbursed costs — Costs of goods and services sold increased by 4.0% to $963M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 6.8%, from $902M to $963M. Over 3 years (FY 2022 to FY 2025), Reimbursed costs — Costs of goods and services sold shows an upward trend with a 11.8% CAGR.
Analysis
How to read this metric
An increase in reimbursed costs generally signals growth in the number of managed or franchised properties or an increase in the scale of services provided to those properties. A decrease may indicate a reduction in the managed portfolio size or a shift toward a more asset-light model with fewer centralized services.
Detailed definition
This metric represents the pass-through expenses incurred by the company on behalf of managed or franchised properties,...
Peer comparison
Most global hotel operators report similar pass-through revenue and expense lines, often labeled as 'reimbursable revenues' or 'managed property costs,' which are standard in the industry for fee-based management models.
h_segment_reimbursed_costs_costs_of_goods_and_services_soldHistorical Data
| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $658M | $658M | $658M | $658M | $749M | $789M | $764M | $842M | $836M | $853M | $881M | $887M | $902M | $949M | $905M | $926M | $963M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +13.8% | +5.3% | -3.2% | +10.2% | -0.7% | +2.0% | +3.3% | +0.7% | +1.7% | +5.2% | -4.6% | +2.3% | +4.0% |
| YoY Change | — | — | — | — | +13.8% | +19.9% | +16.1% | +28.0% | +11.6% | +8.1% | +15.3% | +5.3% | +7.9% | +11.3% | +2.7% | +4.4% | +6.8% |
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Frequently Asked Questions
- What is Hyatt Hotels's reimbursed costs — costs of goods and services sold?
- Hyatt Hotels (H) reported reimbursed costs — costs of goods and services sold of $963M in Q1 2026.
- How has Hyatt Hotels's reimbursed costs — costs of goods and services sold changed year-over-year?
- Hyatt Hotels's reimbursed costs — costs of goods and services sold increased by 6.8% year-over-year, from $902M to $963M.
- What is the long-term trend for Hyatt Hotels's reimbursed costs — costs of goods and services sold?
- Over 3 years (2022 to 2025), Hyatt Hotels's reimbursed costs — costs of goods and services sold has grown at a 11.8% compound annual growth rate (CAGR), from $2.63B to $3.68B.
- What does reimbursed costs — costs of goods and services sold mean?
- These are expenses paid by the company on behalf of hotel owners that are later fully repaid by those owners.