v3.25.0.1
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
REVENUES:      
Total revenues $ 6,648 $ 6,667 $ 5,891
DIRECT AND GENERAL AND ADMINISTRATIVE EXPENSES:      
General and administrative 548 578 435
Other direct costs 94 336 280
Transaction and integration costs 42 42 35
Depreciation and amortization 333 397 426
Total direct and general and administrative expenses 6,274 6,378 5,499
Net gains (losses) and interest income from marketable securities held to fund rabbi trusts 49 55 (75)
Equity earnings (losses) from unconsolidated hospitality ventures 31 (1) 5
Interest expense (180) (145) (150)
Gains (losses) on sales of real estate and other 1,245 18 263
Asset impairments (213) (30) (38)
Other income (loss), net 257 124 (34)
Income before income taxes 1,563 310 363
Benefit (provision) for income taxes (267) (90) 92
Net income 1,296 220 455
Net income attributable to noncontrolling interests 0 0 0
Net income attributable to Hyatt Hotels Corporation $ 1,296 $ 220 $ 455
EARNINGS PER CLASS A AND CLASS B SHARE:      
Net income attributable to Hyatt Hotels Corporation—Basic (in dollars per share) $ 12.99 $ 2.10 $ 4.17
Net income attributable to Hyatt Hotels Corporation—Diluted (in dollars per share) $ 12.65 $ 2.05 $ 4.09
Net fees      
REVENUES:      
Total revenues $ 1,030 $ 923 $ 777
Gross fees      
REVENUES:      
Total revenues 1,099 970 808
Base management fees      
REVENUES:      
Total revenues 399 374 319
Incentive management fees      
REVENUES:      
Total revenues 242 232 192
Franchise and other fees      
REVENUES:      
Total revenues 458 364 297
Contra revenue      
REVENUES:      
Total revenues (69) (47) (31)
Owned and leased      
REVENUES:      
Total revenues 1,174 1,339 1,235
DIRECT AND GENERAL AND ADMINISTRATIVE EXPENSES:      
Revenues for reimbursed costs 925 1,022 916
Distribution      
REVENUES:      
Total revenues 1,023 1,047 986
DIRECT AND GENERAL AND ADMINISTRATIVE EXPENSES:      
Revenues for reimbursed costs 875 859 775
Other revenues      
REVENUES:      
Total revenues 69 300 273
Revenues for reimbursed costs      
REVENUES:      
Total revenues 3,352 3,058 2,620
Reimbursed costs      
DIRECT AND GENERAL AND ADMINISTRATIVE EXPENSES:      
Revenues for reimbursed costs $ 3,457 $ 3,144 $ 2,632