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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (LOSS) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
REVENUES:        
Total revenues $ 1,808 $ 1,703 $ 3,526 $ 3,417
DIRECT AND GENERAL AND ADMINISTRATIVE EXPENSES:        
General and administrative 152 117 278 286
Other direct costs 20 17 44 62
Transaction and integration costs 82 10 105 18
Depreciation and amortization 82 84 162 176
Total direct and general and administrative expenses 1,750 1,553 3,365 3,227
Net gains (losses) and interest income from marketable securities held to fund rabbi trusts 31 4 19 28
Equity earnings (losses) from unconsolidated hospitality ventures 6 (30) (6) 45
Interest expense (74) (40) (140) (78)
Gains (losses) on sales of real estate and other (2) 350 (2) 753
Asset impairments (10) 0 (14) (17)
Other income (loss), net 29 28 72 82
Income before income taxes 38 462 90 1,003
Provision for income taxes (42) (103) (70) (122)
Net income (loss) (4) 359 20 881
Net income (loss) attributable to noncontrolling interests (1) 0 3 0
Net income (loss) attributable to Hyatt Hotels Corporation $ (3) $ 359 $ 17 $ 881
EARNINGS (LOSSES) PER CLASS A AND CLASS B SHARE:        
Net income (loss) attributable to Hyatt Hotels Corporation - Basic (in dollars per share) $ (0.03) $ 3.55 $ 0.17 $ 8.64
Net income (loss) attributable to Hyatt Hotels Corporation - Diluted (in dollars per share) $ (0.03) $ 3.46 $ 0.17 $ 8.42
Net fees        
REVENUES:        
Total revenues $ 286 $ 259 $ 573 $ 508
Gross fees        
REVENUES:        
Total revenues 301 275 608 537
Base management fees        
REVENUES:        
Total revenues 113 100 227 198
Incentive management fees        
REVENUES:        
Total revenues 62 54 138 118
Franchise and other fees        
REVENUES:        
Total revenues 126 121 243 221
Contra revenue        
REVENUES:        
Total revenues (15) (16) (35) (29)
Owned and leased        
REVENUES:        
Total revenues 304 314 523 623
DIRECT AND GENERAL AND ADMINISTRATIVE EXPENSES:        
Costs of goods and services sold 246 238 440 488
Distribution        
REVENUES:        
Total revenues 262 278 577 597
DIRECT AND GENERAL AND ADMINISTRATIVE EXPENSES:        
Costs of goods and services sold 219 234 485 508
Other revenues        
REVENUES:        
Total revenues 11 10 22 45
Revenues for reimbursed costs        
REVENUES:        
Total revenues 945 842 1,831 1,644
Reimbursed costs        
DIRECT AND GENERAL AND ADMINISTRATIVE EXPENSES:        
Costs of goods and services sold $ 949 $ 853 $ 1,851 $ 1,689