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Hyatt Hotels H Business Segments

Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Segment Adjusted EBITDA by Business
Distribution$29M+314%$7M-66.7%$21M-51.2%$43M-12.2%$49M+145%
Management and franchising$264M+10.0%$240M+6.2%$226M-5.0%$238M+0.8%$236M+7.8%
Owned and leased$10M-88.2%$85M+2.4%$83M+29.7%$64M+327%$15M-73.7%
Segment Total$303M-8.7%$332M+0.6%$330M-4.3%$345M+15.0%$300M+1.4%
Total revenues by Product
Base management fees$133M+10.8%$120M+6.2%$113M-5.8%$120M0.0%$120M+8.1%
Contra revenue-$23M-35.3%-$17M+50.0%-$34M-127%-$15M+25.0%-$20M-53.8%
Distribution$274M+54.8%$177M-7.8%$192M-26.7%$262M-16.8%$315M+53.7%
Food and beverage$48M-22.6%$62M+14.8%$54M+1.9%$53M+15.2%$46M-19.3%
Franchise and other fees$122M+1.7%$120M-7.7%$130M+1.6%$128M+7.6%$119M-0.8%
Incentive management fees$87M+3.6%$84M+52.7%$55M-14.1%$64M-16.9%$77M+4.1%
Other revenues$0-100%$4M-69.2%$13M+18.2%$11M0.0%$11M0.0%
Other$29M-29.3%$41M0.0%$41M+24.2%$33M+13.8%$29M-14.7%
Revenues for reimbursed costs$945M+5.6%$895M-0.9%$903M-4.4%$945M+6.7%$886M+5.4%
Rooms and packages$146M-55.2%$326M-4.4%$341M+52.9%$223M+50.7%$148M-17.3%

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Questions, answered.

How does Hyatt Hotels break its business down?
Hyatt Hotels (H) reports segment adjusted ebitda by business across 4 parts — Distribution, Management and franchising, Owned and leased and Segment Total. Each is extracted from the segment footnotes and tracked over time.
Where does Hyatt Hotels's segment data come from?
Segment breakdowns are pulled from the segment footnotes in Hyatt Hotels's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.