Wyndham Hotels & Resorts, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Segment Information (Tables)

Segment Information (Tables)

6 Months Ended

Jun. 30, 2018

Segment Reporting [Abstract]

Summary of Net Revenues and Adjusted EBITDA by Segment



	Three Months Ended June 30,
	2018								2017
	Net Revenues				Adjusted EBITDA				Net Revenues				Adjusted EBITDA
Hotel Franchising	$	289			$	129			$	233			$	111
Hotel Management	146				8				98				4
Total Reportable Segments	435				137				331				115
Corporate and Other	—				(12		)		—				(10		)
Total Company	$	435			$	125			$	331			$	105



	Six Months Ended June 30,
	2018								2017
	Net Revenues				Adjusted EBITDA				Net Revenues				Adjusted EBITDA
Hotel Franchising	$	491			$	214			$	424			$	189
Hotel Management	246				24				196				14
Total Reportable Segments	737				238				620				203
Corporate and Other	—				(21		)		—				(20		)
Total Company	$	737			$	217			$	620			$	183

Reconciliation of Net Income to Adjusted EBITDA

Reconciliation of Net income to Adjusted EBITDA



	Three Months Ended June 30,
	2018				2017
Net income	$	21			$	48
Provision for income taxes	8				34
Depreciation and amortization	22				19
Interest expense, net	10				2
Stock-based compensation	1				2
Separation-related	35				—
Transaction-related, net	28				—
Adjusted EBITDA	$	125			$	105

Reconciliation of Net income to Adjusted EBITDA



	Six Months Ended June 30,
	2018				2017
Net income	$	61			$	81
Provision for income taxes	24				55
Depreciation and amortization	41				37
Interest expense, net	11				4
Stock-based compensation	4				5
Separation-related	46				—
Transaction-related, net	30				—
Restructuring	—				1
Adjusted EBITDA	$	217			$	183