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, 2020

Revenue from Contract with Customer [Abstract]

Deferred revenues as of March 31, 2020 and December 31, 2019 are as follows:



	March 31, 2020		December 31, 2019
Deferred initial franchise fee revenues	$	138	$	136
Deferred loyalty program revenues	88		86
Deferred co-branded credit card program revenues	28		34
Deferred hotel management fee revenues	1		—
Deferred other revenues	25		27
Total	$	280	$	283

Schedule of Performance Obligations

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



	4/1/2020- 3/31/2021		4/1/2021- 3/31/2022		4/1/2022- 3/31/2023		Thereafter		Total
Initial franchise fee revenues	$	21	$	10	$	8	$	99	$	138
Loyalty program revenues	54		22		10		2		88
Co-branded credit card program revenues	28		—		—		—		28
Hotel management fee revenues	1		—		—		—		1
Other revenues	17		1		1		6		25
Total	$	121	$	33	$	19	$	107	$	280

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,
	2020		2019
Hotel Franchising
Royalties and franchise fees	$	84	$	99
Marketing, reservation and loyalty	106		112
License and other revenues from former Parent	21		29
Other	32		29
Total Hotel Franchising	243		269

Hotel Management
Royalties and franchise fees	8		2
Marketing, reservation and loyalty	—		1
Owned hotel revenues	22		26
Management fees	10		13
Cost reimbursements	126		155
Other	1		—
Total Hotel Management	167		197

Corporate and Other	—		2

Net revenues	$	410	$	468