Wyndham Hotels & Resorts, Inc. Quarterly report [Sections 13 or 15(d)]

Quarterly report [Sections 13 or 15(d)]

Revenue Recognition (Tables)

Revenue Recognition (Tables)

3 Months Ended

Mar. 31, 2026

Revenue from Contract with Customer [Abstract]

Deferred revenues as of March 31, 2026 and December 31, 2025 are as follows:


	March 31, 2026		December 31, 2025
Deferred initial franchise fee revenues	$	154	$	151
Deferred loyalty program revenues	85		91
Deferred co-branded credit card program revenues	85		98
Deferred other revenues	18		14
Total	$	342	$	354

Schedule of Performance Obligations

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


	4/1/2026 - 3/31/2027		4/1/2027 - 3/31/2028		4/1/2028 - 3/31/2029		Thereafter		Total
Initial franchise fee revenues	$	17	$	8	$	8	$	121	$	154
Loyalty program revenues	53		23		8		1		85
Co-branded credit card program revenues	26		11		11		37		85
Other revenues	14		1		—		3		18
Total	$	110	$	43	$	27	$	162	$	342

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:


	Three Months Ended March 31,
	2026		2025
Royalties and franchise fees	$	114	$	126
Marketing and reservation fees	98		98
Loyalty revenue	24		18
Management fees	3		2
Owned hotel revenues	1		—
License and other fees	30		27
Partnership fees (a)	33		23
Other revenue	24		22
Net revenues	$	327	$	316

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(a) Partnership fees are related to third-party partnership agreements, including the Company's co-branded credit card program. Such fees were previously reported within other revenue as it relates to this table.