v3.24.3
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
REVENUES:        
Total revenues $ 1,629 $ 1,622 $ 5,046 $ 5,007
DIRECT AND GENERAL AND ADMINISTRATIVE EXPENSES:        
General and administrative 126 122 412 411
Other direct costs 19 81 81 266
Transaction and integration costs 8 8 26 31
Depreciation and amortization 81 100 257 297
Total direct and general and administrative expenses 1,525 1,516 4,752 4,729
Net gains (losses) and interest income from marketable securities held to fund rabbi trusts 18 (9) 46 26
Equity earnings (losses) from unconsolidated hospitality ventures (13) 7 32 4
Interest expense (50) (41) (128) (105)
Gains (losses) on sales of real estate and other 514 18 1,267 18
Asset impairments (35) (6) (52) (13)
Other income (loss), net 70 26 152 93
Income before income taxes 608 101 1,611 301
Provision for income taxes (137) (33) (259) (107)
Net income 471 68 1,352 194
Net income attributable to noncontrolling interests 0 0 0 0
Net income attributable to Hyatt Hotels Corporation $ 471 $ 68 $ 1,352 $ 194
EARNINGS PER CLASS A AND CLASS B SHARE:        
Net income attributable to Hyatt Hotels Corporation - Basic (in dollars per share) $ 4.75 $ 0.65 $ 13.38 $ 1.84
Net income attributable to Hyatt Hotels Corporation - Diluted (in dollars per share) $ 4.63 $ 0.63 $ 13.04 $ 1.80
Net fees        
REVENUES:        
Total revenues $ 241 $ 231 $ 749 $ 686
Gross fees        
REVENUES:        
Total revenues 268 243 805 720
Base management fees        
REVENUES:        
Total revenues 97 94 295 281
Incentive management fees        
REVENUES:        
Total revenues 52 51 170 167
Franchise and other fees        
REVENUES:        
Total revenues 119 98 340 272
Contra revenue        
REVENUES:        
Total revenues (27) (12) (56) (34)
Owned and leased        
REVENUES:        
Total revenues 287 329 910 984
DIRECT AND GENERAL AND ADMINISTRATIVE EXPENSES:        
Costs of goods and services sold 228 256 716 753
Distribution        
REVENUES:        
Total revenues 221 229 818 832
DIRECT AND GENERAL AND ADMINISTRATIVE EXPENSES:        
Costs of goods and services sold 182 185 690 669
Other revenues        
REVENUES:        
Total revenues 13 79 58 238
Revenues for reimbursed costs        
REVENUES:        
Total revenues 867 754 2,511 2,267
Reimbursed costs        
DIRECT AND GENERAL AND ADMINISTRATIVE EXPENSES:        
Costs of goods and services sold $ 881 $ 764 $ 2,570 $ 2,302