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

Quarterly report pursuant to Section 13 or 15(d)

Revenue Recognition (Tables)

Revenue Recognition (Tables)

9 Months Ended

Sep. 30, 2018

Revenue from Contract with Customer [Abstract]

Contract liabilities as of September 30, 2018 and December 31, 2017 are as follows:



	September 30, 2018		December 31, 2017
Deferred initial franchise fee revenue	$	128	$	116
Deferred loyalty program revenue	74		54
Deferred co-branded credit card programs revenue	—		37
Deferred hotel management fee revenue	24		19
Deferred other revenue	21		22
Total	$	247	$	248

Schedule of Performance Obligations

The following table summarizes the Company’s remaining performance obligations for the twelve-month periods set forth below:



	10/1/2018- 9/30/2019		10/1/2019- 9/30/2020		10/1/2020- 9/30/2021		Thereafter		Total
Initial franchise fee revenue	$	10	$	14	$	13	$	91	$	128
Loyalty program revenue	46		18		7		3		74
Hotel management fee revenue	2		—		2		20		24
Other revenue	17		1		1		2		21
Total	$	75	$	33	$	23	$	116	$	247

Schedule of Disaggregation of Net Revenues

The table below presents a disaggregation of the Company’s net revenues from contracts with customers by major services and products for each of the Company’s segments:



	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2018		2017		2018		2017
Hotel Franchising
Royalties and franchise fees	$	137	$	104	$	326	$	271
Marketing, reservation and loyalty	151		109		357		281
License and other revenues from former Parent	36		20		79		56
Other	24		25		78		74
Total Hotel Franchising	348		258		840		682

Hotel Management
Royalties and franchise fees	1		3		6		6
Marketing, reservation, and loyalty	—		—		2		1
Hotel management - owned properties	17		16		58		60
Hotel management - managed properties	15		6		32		18
Cost reimbursements	219		64		398		199
Other	—		—		1		1
Total Hotel Management	252		89		497		285

Corporate and Other	4		—		4		—

Net Revenues	$	604	$	347	$	1,341	$	967