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Wyndham Hotels & Resorts, Inc. (NYSE: WH) is the world's largest hotel franchising company, renowned for its expansive portfolio of approximately 9,200 hotels across over 95 countries. Headquartered in Parsippany, New Jersey, Wyndham is a global leader with a commanding presence in the economy and midscale segments of the hospitality industry. The company's network includes more than 876,000 rooms designed to cater to the needs of the everyday traveler.
Wyndham's impressive collection of 25 brands features household names such as Super 8®, Days Inn®, Ramada®, Microtel®, Baymont®, and Wingate®. The company's flagship brand, Wyndham Hotels and Resorts®, represents the upper-upscale segment, while other well-known brands like La Quinta®, AmericInn®, Hawthorn Suites®, Trademark Collection®, and more offer diverse lodging choices tailored to various customer preferences.
Wyndham's business model extends beyond traditional hotel franchising to include comprehensive hotel management services. The company employs over 9,000 associates worldwide, with offices in strategic locations such as London, Shanghai, and Dubai. This extensive network allows Wyndham to deliver exceptional customer service and great value to its guests and franchisees.
Wyndham Rewards®, the company's award-winning loyalty program, boasts approximately 108 million enrolled members. This program provides members with the opportunity to earn and redeem points at thousands of hotels, vacation club resorts, and vacation rentals globally, making it a top choice for travelers seeking rewards and personalized perks.
Recent noteworthy developments include Wyndham's strategic alliance with Decameron All Inclusive Hotels & Resorts, significantly expanding its all-inclusive offerings to over 50 resorts worldwide. Additionally, the launch of Project HQ Hotels & Residences in partnership with Sam Nazarian aims to redefine luxury and lifestyle hospitality with upcoming locations in Montreux, Switzerland, and Detroit, Michigan.
Wyndham remains committed to innovation and growth, as evidenced by its continuous investment in technology and strategic acquisitions. The company's development pipeline reached a record 243,000 rooms in March 2024, reflecting robust interest from hotel owners and a strong balance sheet that supports significant shareholder returns through share repurchases and dividends.
By consistently delivering high-quality experiences and maintaining a focus on growth and innovation, Wyndham Hotels & Resorts continues to solidify its position as a leader in the global hospitality industry.
Wyndham Hotels & Resorts (NYSE: WH) is presenting at the Jefferies 2021 Consumer Conference today at 9:45 a.m. ET. CEO Geoffrey A. Ballotti and CFO Michele Allen will represent the company. Investors can listen to a live audio webcast on the company’s investor relations website, with a replay available for 30 days. Wyndham is the largest hotel franchising company globally, boasting over 8,900 hotels and 797,000 rooms across nearly 95 countries. Its portfolio includes 20 brands and the Wyndham Rewards program, featuring 87 million members.
Wyndham Hotels & Resorts (NYSE: WH) announced that CEO Geoffrey A. Ballotti and CFO Michele Allen will participate in the Jefferies 2021 Consumer Conference on June 22, 2021, at 9:45 a.m. ET. A live audio webcast will be accessible via the investor relations section of the company's website, with a replay available for 30 days. Wyndham is the largest hotel franchising company globally, with over 8,900 hotels in nearly 95 countries and a leading presence in the economy and midscale lodging segments.
Wyndham Hotels & Resorts has demonstrated strong momentum in new construction, executing nearly 100 deals from April 2020 to March 2021, achieving about 90% of pre-pandemic levels. The company’s construction pipeline now includes over 260 hotels, contributing to a total pipeline of 950 hotels, which will add approximately 140,000 rooms. In Q2 2021, several La Quinta and Microtel prototypes opened, and 35 dual-brand hotels are under development. Wyndham aims to capitalize on diverse customer segments with these innovative concepts.
Wyndham Hotels & Resorts is launching a summer promotion titled "Stay Two Nights, Earn a Free Night," encouraging travelers to book direct and enjoy up to three free nights. Members of Wyndham Rewards can earn 6,500 bonus points for each two-night stay, totaling 7,500 points for a free night. Bookings must be made through Wyndham Rewards by September 2, 2021, with stays completed by September 6, 2021. The promotion highlights Wyndham's commitment to welcoming back travelers with flexible policies and extend member benefits through the end of the year.
Wyndham Hotels & Resorts (NYSE: WH) is participating in the Goldman Sachs Travel and Leisure Conference on June 7, 2021. CEO Geoffrey A. Ballotti and CFO Michele Allen will present at 1:45 p.m. ET. A live audio webcast will be accessible via the investor relations section of their website, with a replay available for 30 days. Wyndham is the largest hotel franchising company globally, with over 8,900 properties in nearly 95 countries. It boasts a portfolio of 20 hotel brands and a loyalty program with 87 million members.
Wyndham Hotels & Resorts launched its 21st brand, Registry Collection Hotels, on June 2, 2021, enhancing its portfolio with a luxury offering. This brand caters to independent luxury hotel owners, allowing them to maintain individuality while benefiting from Wyndham's global presence and resources. The flagship property, Grand Residences Riviera Cancun, features 144 luxury suites and premium amenities. The initiative responds to increased demand from hotel owners seeking recovery post-pandemic, supported by Wyndham’s award-winning Wyndham Rewards loyalty program.
Wyndham Hotels & Resorts (NYSE: WH) announced that CEO Geoffrey A. Ballotti and CFO Michele Allen will speak at the Goldman Sachs Travel and Leisure Conference on June 7, 2021, at 1:45 p.m. ET. A live audio webcast of the event will be available on the company's investor relations website. Wyndham is the world's largest hotel franchising company, with over 8,900 hotels in nearly 95 countries and more than 797,000 rooms. The company operates a portfolio of 20 brands and offers the Wyndham Rewards loyalty program with 87 million members.
Wyndham Hotels & Resorts is expanding its presence in Turkey, with the upcoming opening of Days Hotel by Wyndham Istanbul Maltepe, its first property under the economy brand. This 80-room hotel, located near Maltepe's business district, is set to open later this summer. Alongside it, Days Hotel by Wyndham Istanbul Esenyurt, a 176-room hotel, will also debut later this year. Wyndham currently operates 80 hotels in Turkey and has a development pipeline of over 2,000 rooms. This expansion is part of Wyndham's strategy to cater to growing travel demand in the region.
Wyndham Hotels & Resorts has announced the global rollout of Oracle's OPERA Cloud Property Management System (PMS), making it the first major hotel company to implement this technology. Following successful trials at nearly 50 hotels, about 20% of Wyndham's full-service portfolio is expected to adopt the new PMS within the next year. This move is part of a broader digital transformation aimed at enhancing guest experiences and operational efficiencies. The cloud-based system allows for mobile access, streamlined operations, and reduced costs, fostering a competitive edge for Wyndham's franchisees.
Wyndham Hotels & Resorts (NYSE: WH) announced a quarterly cash dividend of $0.16 per share, payable on June 30, 2021, to shareholders recorded by June 16, 2021. This action reflects the company's commitment to returning value to shareholders despite ongoing challenges in the hospitality industry, especially amid the effects of COVID-19. Wyndham operates over 8,900 hotels globally, catering to everyday travelers with a portfolio of 20 brands including Super 8® and Days Inn®.
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