Hyatt Hotels H Business Segments
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Segment Adjusted EBITDA by Business | ||||||
| Distribution | $100M-33.3% | $120M-14.3% | $133M-12.6% | $150M+2.4% | $150M+10.5% | |
| Management and franchising | $968M+9.1% | $940M+10.1% | $919M+10.7% | $903M+10.7% | $887M+12.3% | |
| Owned and leased | $242M+13.1% | $247M-5.4% | $219M-22.9% | $199M-33.9% | $214M-29.1% | |
| Segment Total | $1.31B+4.7% | $1.31B+4.1% | $1.27B+0.3% | $1.25B-0.9% | $1.25B+1.9% | |
| Other Operating Income by Business | ||||||
| Distribution | $3M0.0% | $3M+113% | $3M+104% | $3M+103% | $3M+102% | |
| Management and franchising | -$49M+32.9% | -$73M-5.8% | -$80M+11.8% | -$77M+28.4% | -$73M+42.6% | |
| Owned and leased | $5M+400% | $5M+66.7% | $3M-33.3% | $3M-40.0% | $1M-84.6% | |
| General And Administrative Expense, Adjusted by Business | ||||||
| Distribution | $0— | $0-100% | $0-100% | $0-100% | $0-100% | |
| Management and franchising | $286M+5.1% | $275M+2.6% | $277M+15.7% | $277M+19.4% | $272M+20.1% | |
| Owned and leased | $10M+11.1% | $10M0.0% | $11M+12.8% | $10M-4.8% | $9M-20.0% | |
| Total revenues by Product | ||||||
| Base management fees | $486M+9.2% | $473M+9.5% | $464M+2.2% | $456M+2.9% | $445M+3.5% | |
| Contra revenue | -$89M-17.1% | -$86M-24.6% | -$82M-18.8% | -$75M-38.9% | -$76M-52.0% | |
| Distribution | $905M-11.2% | $946M-9.8% | $974M-12.6% | $1B-14.4% | $1.02B-15.9% | |
| Food and beverage | $217M-10.3% | $215M-22.9% | $210M-32.9% | $214M-34.8% | $242M-26.9% | |
| Franchise and other fees | $500M+3.7% | $497M+6.9% | $497M+11.9% | $488M+15.9% | $482M+23.6% | |
| Incentive management fees | $290M+11.1% | $280M+11.1% | $270M+4.2% | $268M+4.3% | $261M+0.8% | |
| Other revenues | $28M-37.8% | $39M-43.5% | $46M-61.7% | $46M-75.3% | $45M-81.8% | |
| Other | $144M+9.9% | $144M+2.1% | $137M-8.7% | $127M-19.6% | $131M-18.6% | |
| Revenues for reimbursed costs | $3.69B+7.3% | $3.63B+8.3% | $3.58B+8.3% | $3.54B+11.0% | $3.44B+9.7% | |
| Rooms and packages | $1.04B+41.7% | $1.04B+33.6% | $891M+5.1% | $751M-13.1% | $731M-16.7% | |
| Total by Product | ||||||
| Advanced deposits | $270M+13.9% | $257M+8.0% | $251M+3.7% | $240M-2.4% | $237M-2.1% | |
| Deferred revenue related to distribution and destination management services | $2.22B-12.4% | $2.32B-9.9% | $2.38B-8.0% | $2.45B— | $2.53B— | |
| Deferred revenue related to insurance programs | $246M+4.2% | $244M+15.1% | $254M+45.1% | $253M+54.3% | $236M+44.8% | |
| Deferred Revenue Related To Loyalty Program | $6.29B+18.2% | $6.01B+17.4% | $5.74B+16.8% | $5.53B+17.3% | $5.33B+18.1% | |
| Other deferred revenue | $456M+14.6% | $400M-12.3% | $408M+5.2% | $401M-3.1% | $398M-8.1% |
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.
