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)

3 Months Ended

Mar. 31, 2018

Revenue from Contract with Customer [Abstract]

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



	March 31, 2018		December 31, 2017
Deferred initial franchise fee revenue	$	98	$	98
Deferred loyalty program revenue	53		54
Deferred co-branded credit card programs revenue	27		37
Deferred hotel management fee revenue	21		19
Deferred other revenue	7		8
Total	$	206	$	216

Schedule of Performance Obligations

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



	4/1/2018- 3/31/2019		4/1/2019- 3/31/2020		4/1/2020- 3/31/2021		Thereafter		Total
Initial franchise fee revenue	$	11	$	10	$	8	$	69	$	98
Loyalty program revenue	34		13		5		1		53
Co-branded credit card programs revenue	22		3		2		—		27
Hotel management fee revenue	1		—		—		20		21
Other revenue	1		1		1		4		7
Total	$	69	$	27	$	16	$	94	$	206

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
	March 31,
	2018		2017
Hotel Franchising
Royalties and franchise fees	$	79	$	73
Marketing, reservation and loyalty	84		77
License and other revenues from Parent	17		16
Other	23		25
Total Hotel Franchising	203		191

Hotel Management
Owned	23		23
Managed	7		7
Royalties and franchise fees	3		2
Cost reimbursements	66		66
Total Hotel Management	99		98

Net Revenues	$	302	$	289