What is Hilton Worldwide's costof reimbursable expense — expenses?

Hilton Worldwide (HLT) reported costof reimbursable expense — expenses of $810.00M in Q2 2021.

What does costof reimbursable expense — expenses mean?

These are operational costs incurred on behalf of property owners that are fully reimbursed by those owners.

Discontinued — last reported Q2 '21

Products & Services · Expenses

Costof Reimbursable Expense — Expenses

Analysis

StatementSegment

CategoryEfficiency

SignalContext dependent

VolatilityStable

First reportedQ1 2016

Last reportedQ2 2021

Rolls up toTotal Cost of Revenue

How to read this metric

An increase indicates growth in the managed and franchised property portfolio or an expansion of centralized services provided to owners, while a decrease may suggest a reduction in the number of managed units or a shift in service delivery models.

Detailed definition

This metric represents the pass-through costs incurred by the company on behalf of managed or franchised property owners...

Peer comparison

Similar to 'reimbursable expenses' or 'pass-through costs' found in other hospitality management companies, this metric is generally neutral to profitability as it is matched by equivalent revenue.

Metric ID: hlt_segment_other_expenses_from_managed_and_franchised_properties_expenses

Historical Data

1 periods

	Q2 '21
Value	$810.00M

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Frequently Asked Questions

What is Hilton Worldwide's costof reimbursable expense — expenses?: Hilton Worldwide (HLT) reported costof reimbursable expense — expenses of $810.00M in Q2 2021.
What does costof reimbursable expense — expenses mean?: These are operational costs incurred on behalf of property owners that are fully reimbursed by those owners.