Hyatt Hotels H Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Segment Adjusted EBITDA by Business | ||||||
| Distribution | $29M-40.8% | $7M-65.0% | $21M-44.7% | $43M0.0% | $49M+25.6% | |
| Management and franchising | $264M+11.9% | $240M+9.6% | $226M+7.6% | $238M+7.2% | $236M+16.3% | |
| Owned and leased | $10M-33.3% | $85M+49.1% | $83M+31.7% | $64M-19.0% | $15M-75.8% | |
| Segment Total | $303M+1.0% | $332M+12.2% | $330M+6.1% | $345M+0.3% | $300M-1.3% | |
| Other Operating Income by Business | ||||||
| Distribution | $2M0.0% | $0— | $0— | $1M0.0% | $2M+108% | |
| Management and franchising | $0+100% | -$7M+50.0% | -$22M-15.8% | -$20M-25.0% | -$24M-20.0% | |
| Owned and leased | $0— | $2M— | $1M0.0% | $2M— | $0-100% | |
| General And Administrative Expense, Adjusted by Business | ||||||
| Distribution | $0— | $0— | $0— | $0— | $0-100% | |
| Management and franchising | $78M+16.4% | $81M-2.4% | $62M0.0% | $65M+8.3% | $67M+6.3% | |
| Owned and leased | $2M0.0% | $2M-33.3% | $3M+50.0% | $3M+50.0% | $2M-33.3% | |
| Total revenues by Product | ||||||
| Base management fees | $133M+10.8% | $120M+8.1% | $113M+7.6% | $120M+10.1% | $120M+12.1% | |
| Contra revenue | -$23M-15.0% | -$17M-30.8% | -$34M-25.9% | -$15M+6.3% | -$20M-53.8% | |
| Distribution | $274M-13.0% | $177M-13.7% | $192M-13.1% | $262M-5.8% | $315M-8.7% | |
| Food and beverage | $48M+4.3% | $62M+8.8% | $54M-6.9% | $53M-34.6% | $46M-44.6% | |
| Franchise and other fees | $122M+2.5% | $120M0.0% | $130M+7.4% | $128M+4.9% | $119M+16.7% | |
| Incentive management fees | $87M+13.0% | $84M+13.5% | $55M+3.8% | $64M+12.3% | $77M+13.2% | |
| Other revenues | $0-100% | $4M-63.6% | $13M0.0% | $11M+10.0% | $11M-68.6% | |
| Other | $29M0.0% | $41M+20.6% | $41M+32.3% | $33M-10.8% | $29M-25.6% | |
| Revenues for reimbursed costs | $945M+6.7% | $895M+6.4% | $903M+4.2% | $945M+12.2% | $886M+10.5% | |
| Rooms and packages | $146M-1.4% | $326M+82.1% | $341M+69.7% | $223M+9.9% | $148M-23.7% | |
| Total by Product | ||||||
| Advanced deposits | $78M+20.0% | $59M+11.3% | $66M+20.0% | $67M+4.7% | $65M-1.5% | |
| Deferred revenue related to distribution and destination management services | $543M-16.3% | $643M-8.8% | $480M-12.2% | $549M-12.6% | $649M-6.6% | |
| Deferred revenue related to insurance programs | $80M+2.6% | $102M-8.9% | $17M+6.3% | $47M+56.7% | $78M+44.4% | |
| Deferred Revenue Related To Loyalty Program | $1.71B+20.1% | $1.6B+20.3% | $1.51B+16.0% | $1.47B+16.0% | $1.42B+17.2% | |
| Initial application fees from franchisees | $50M— | $50M+6.4% | —— | —— | —— | |
| Other deferred revenue | $138M+68.3% | $138M-5.5% | $89M+8.5% | $91M+3.4% | $82M-41.4% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →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.
