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Wyndham Hotels & Resorts (WH) backlog: remaining performance obligations

How much revenue Wyndham Hotels & Resorts already has under contract, how fast it converts, and who it is with.

Data as of .

Wyndham Hotels & Resorts backlog history

$0$500M$1B$2BSep 2018Dec 2021Dec 2023Jun 2024Dec 2024Jun 2025Dec 2025Jun 2026Sep 2026Backlog (RPO)Trailing 12-month revenue
Remaining performance obligations at each quarter end (bars) against trailing twelve-month revenue (line).
Amounts in USD. Source: SEC XBRL filings.
Quarter endBacklog (RPO)TTM revenueCoverageCustomer prepayments
30 Sep 2026$354M$1.45B0.2 yrs$354M
30 Jun 2026$371M$1.42B0.3 yrs$371M
31 Mar 2026$342M$1.44B0.2 yrs$342M
31 Dec 2025$354M$1.43B0.2 yrs$354M
30 Sep 2025$318M$1.43B0.2 yrs$318M
30 Jun 2025$319M$1.45B0.2 yrs$319M
31 Mar 2025$342M$1.42B0.2 yrs$342M
31 Dec 2024$290M$1.41B0.2 yrs$290M
30 Sep 2024$263M$1.38B0.2 yrs$263M
30 Jun 2024$270M$1.38B0.2 yrs$270M
31 Mar 2024$281M$1.38B0.2 yrs$281M
31 Dec 2023$258M$1.40B0.2 yrs$258M

Questions

What is Wyndham Hotels & Resorts's backlog?
Wyndham Hotels & Resorts reported $354M of remaining performance obligations at 30 Sep 2026, up 11% from a year earlier and down 5% from the previous quarter. That is 0.2 years of trailing revenue already under contract. Book-to-bill last quarter: 0.96.
How fast does Wyndham Hotels & Resorts's backlog turn into revenue?
Over the last twelve months Wyndham Hotels & Resorts recognised revenue equal to about 418% of the backlog it started each quarter with.

About these numbers

Remaining performance obligations (RPO) are revenue a company has contracted but not yet recognised, as reported in its SEC filings (XBRL tag RevenueRemainingPerformanceObligation). Coverage = backlog ÷ trailing twelve-month revenue. Book-to-bill = (change in backlog + revenue) ÷ revenue. Conversion = revenue recognised ÷ the backlog at the start of each quarter, summed over four quarters. Counterparty values come from company filings and releases.