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)

6 Months Ended

Jun. 30, 2020

Revenue from Contract with Customer [Abstract]

Deferred revenues as of June 30, 2020 and December 31, 2019 are as follows:



	June 30, 2020		December 31, 2019
Deferred initial franchise fee revenues	$	139	$	136
Deferred loyalty program revenues	78		86
Deferred co-branded credit card program revenues	21		34
Deferred hotel management fee revenues	1		—
Deferred other revenues	22		27
Total	$	261	$	283

Schedule of Performance Obligations

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



	7/1/2020- 6/30/2021		7/1/2021- 6/30/2022		7/1/2022- 6/30/2023		Thereafter		Total
Initial franchise fee revenues	$	24	$	9	$	9	$	97	$	139
Loyalty program revenues	40		25		11		2		78
Co-branded credit card program revenues	21		—		—		—		21
Hotel management fee revenues	1		—		—		—		1
Other revenues	13		2		1		6		22
Total	$	99	$	36	$	21	$	105	$	261

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 June 30,				Six Months Ended June 30,
	2020		2019		2020		2019
Hotel Franchising
Royalties and franchise fees	$	59	$	124	$	144	$	223
Marketing, reservation and loyalty	82		139		187		252
License and other fees	21		33		42		61
Other	20		35		52		64
Total Hotel Franchising	182		331		425		600

Hotel Management
Royalties and franchise fees	2		2		10		5
Marketing, reservation and loyalty	—		1		1		2
Owned hotel revenues	2		23		23		49
Management fees	4		13		15		26
Cost reimbursements	66		160		192		315
Other	2		2		1		1
Total Hotel Management	76		201		242		398

Corporate and Other	—		1		—		3

Net revenues	$	258	$	533	$	667	$	1,001