Welcome to our dedicated page for Wyndham Hotels & Resorts news (Ticker: WH), a resource for investors and traders seeking the latest updates and insights on Wyndham Hotels & Resorts stock.
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) reported its Q2 2021 results, showing significant recovery from the pandemic. Diluted EPS reached $0.73, up from a loss of $1.86 in Q2 2020, with adjusted EPS at $0.95. Net income surged to $68 million, compared to a net loss of $174 million last year. Adjusted EBITDA increased to $168 million, reflecting a 155% rise. The company also saw a 67% increase in fee-related revenues. A 50% dividend increase to $0.24 per share was approved, signaling strong cash flow with $104 million in free cash flow generated. RevPAR increased 110% over 2020 but declined 17% compared to 2019.
Wyndham Hotels & Resorts has opened the La Quinta Inn & Suites by Wyndham Nashville Downtown/Stadium, featuring the new Del Sol prototype. The hotel includes 205 guest rooms, event space, and modern amenities aimed at both business and leisure travelers. Wyndham's La Quinta brand is experiencing growth, with 175 hotels in the development pipeline, including locations in Austin, Brooklyn, and Denver. The brand reported a 490 basis point increase in RevPAR Index in 2020, reflecting strong market performance.
Wyndham Hotels & Resorts has announced the opening of the H2 Hotel Budapest, the first Trademark Collection property in Hungary. This addition expands Wyndham's presence in Europe and enhances its portfolio in the region. The hotel features 157 rooms and is strategically located near key attractions in Budapest. This development aligns with Wyndham's growth strategy for the Trademark Collection brand, which now encompasses 115 hotels worldwide. The collaboration with H-Hotels.com is pivotal for this expansion, highlighting Wyndham's commitment to unique hospitality experiences.
Wyndham Hotels & Resorts (NYSE: WH) will report its second quarter 2021 financial results on July 28, 2021, at approximately 4:30 p.m. ET. A conference call featuring CEO Geoffrey A. Ballotti and CFO Michele Allen is scheduled for July 29, 2021, at 8:30 a.m. ET to discuss the results and explore the company's business outlook. Investors can access the call through the company's website or by calling 877-876-9173. Wyndham, the largest hotel franchising company with over 8,900 hotels worldwide, emphasizes its growth and expansion in the economy and midscale segments.
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.
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