STOCK TITAN
  1. Home
  2. News
  3. WH

Wyndham Hotels & Resorts, Inc. - WH STOCK NEWS

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.

News

Choice Hotels Urges Wyndham Stockholders to Tender Their Shares Before the March 8th Deadline

Rhea-AI Summary
Choice Hotels International, Inc. urges Wyndham Hotels & Resorts, Inc. stockholders to tender their shares into the exchange offer to engage constructively. Choice intends to either extend or terminate the offer based on participation, aiming to nominate independent directors for Wyndham's board. Despite offering a value of $90 per share, Wyndham has not provided specific feedback on transaction terms. Choice emphasizes the benefits of a merger, regulatory approvals, and the need for Wyndham stockholders to send a message to the board.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.66%
Tags
none
-
News

WYNDHAM HOTELS & RESORTS DECLARES QUARTERLY CASH DIVIDEND

Rhea-AI Summary
Wyndham Hotels & Resorts, Inc. (WH) declared a quarterly cash dividend of $0.38 per share, a 9% increase from 2023, payable on March 29, 2024, to shareholders of record as of March 15, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.76%
Tags
dividends
-
News

Wyndham Rewards' Member Month is Back with Five Weeks of Deals, Discounts, Bonus Points and More

Rhea-AI Summary
WH announces a new promotion offering up to two free nights for customers staying two nights or more, aiming to attract more guests and increase occupancy rates.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.08%
Tags
none
News

Days Inn Will Pay You and Your BFF to Capture the Solar Eclipse from 10,000 Feet

Rhea-AI Summary
Days Inn by Wyndham offers two Solar Sun-terns a $10,000 payday to witness the 2024 total solar eclipse from a private helicopter, capturing the experience for social media. The Sun-terns will receive a photography class, accommodation, travel stipend, and Days Inn swag, along with the opportunity to inspire others through their social media channels.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.74%
Tags
none
-
News

Travel + Leisure Co. Reports Fourth Quarter and Full-Year 2023 Results and Provides 2024 Outlook

Rhea-AI Summary
Travel + Leisure Co. (TNL) reported strong financial results for Q4 and full-year 2023, with net income of $129 million and $396 million respectively. Adjusted EBITDA for Q4 was $240 million and $908 million for the full year. The company repurchased $40 million of common stock in Q4 and $307 million for the full year. The outlook for FY 2024 shows an expected Adjusted EBITDA of $910-$930 million. The acquisition of Accor Vacation Club in Asia-Pacific is a key highlight for the company.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.54%
Tags
earnings
-
News

WYNDHAM HOTELS & RESORTS REPORTS STRONG FOURTH QUARTER RESULTS WITH RECORD OPENINGS, RETENTION AND SYSTEM GROWTH

Rhea-AI Summary
Wyndham Hotels & Resorts (WH) announced a 9% increase in quarterly dividend, with strong financial results for Q4 2023 and full-year 2023. The company reported a record high global system-wide rooms growth, opened 66,000 organic rooms, and improved retention rates. The development pipeline grew by 10% to 240,000 rooms. Despite challenges from Choice Hotels, the company saw accelerated room openings and franchisee engagement. RevPAR declined in the U.S. but grew internationally. Adjusted EBITDA increased by 6% in Q4 and 2023. The company returned $515 million to shareholders through share repurchases and dividends. The Board authorized a 9% dividend increase to $0.38 per share. The full-year 2024 outlook includes rooms growth of 3-4%, global RevPAR growth of 2-3%, and adjusted EBITDA of $690-$700 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.62%
Tags
earnings
News

Wyndham Simplifies Group Travel, Brings Instant Booking to 5,600+ U.S. Hotels

Rhea-AI Summary
Wyndham Hotels & Resorts partners with Groups360 to offer real-time rates and availability for group bookings, aiming to simplify the process for travel planners and managers across economy and midscale hotels.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.14%
Tags
none
-
News

WYNDHAM COMMENTS ON CHOICE'S SELF-SERVING DIRECTOR NOMINATIONS

Rhea-AI Summary
Wyndham Hotels & Resorts (NYSE: WH) confirmed receipt of a notice from Choice Hotels International, Inc. (NYSE: CHH) of its intent to nominate directors to the Wyndham Board of Directors at the Company's 2024 annual meeting of shareholders. The Wyndham Board considers this action as an attempt by Choice to advance its inadequate and risk-laden hostile exchange offer, which the Board unanimously determined is not in the best interests of shareholders. The Board is executing the Company's strategic plan, expected to deliver shareholder value well in excess of Choice's offer.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.82%
Tags
none
-
News

SAM NAZARIAN'S SBE FORMS STRATEGIC ALLIANCE WITH WYNDHAM, LAUNCHES NEW SMART LIFESTYLE BRAND, PROJECT HQ HOTELS & RESIDENCES

Rhea-AI Summary
sbe and Wyndham Hotels & Resorts have announced the launch of Project HQ Hotels & Residences, a new smart lifestyle brand that aims to adapt legacy hotels into exceptional centers for dining, nightlife, and wellness. The brand will be affiliated with Wyndham's Registry Collection Hotels, targeting 50 open hotels by 2030. The partnership also includes strategic investment from entertainment icon and entrepreneur, Marc Anthony.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.07%
Tags
none
News

Choice Hotels Proposes a Full Slate of Independent, Highly Qualified Individuals for Election at the 2024 Annual Meeting of Wyndham Hotels & Resorts

Rhea-AI Summary
Choice Hotels International, Inc. has proposed eight independent, highly qualified individuals to stand for election at the 2024 Annual Shareholder Meeting of Wyndham Hotels & Resorts, Inc. These nominees have extensive expertise in hospitality, franchising, finance, governance, and board experience, which Choice believes will greatly benefit Wyndham shareholders. Choice is urging Wyndham shareholders to support these nominees and participate in their exchange offer to maximize shareholder value.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.82%
Tags
none

FAQ

What is the current stock price of Wyndham Hotels & Resorts (WH)?

The current stock price of Wyndham Hotels & Resorts (WH) is $96.79 as of November 15, 2024.

What is the market cap of Wyndham Hotels & Resorts (WH)?

The market cap of Wyndham Hotels & Resorts (WH) is approximately 7.5B.

What is Wyndham Hotels & Resorts known for?

Wyndham Hotels & Resorts is known for being the world's largest hotel franchising company with a portfolio of approximately 9,200 hotels across over 95 countries.

What brands are included in Wyndham's portfolio?

Wyndham's portfolio includes well-known brands such as Super 8®, Days Inn®, Ramada®, Microtel®, La Quinta®, Baymont®, Wingate®, AmericInn®, Hawthorn®, Trademark Collection®, and Wyndham®.

How can I join Wyndham Rewards?

You can join Wyndham Rewards by visiting their website and signing up. The program offers members the ability to earn and redeem points at thousands of hotels globally.

Where is Wyndham Hotels & Resorts headquartered?

Wyndham Hotels & Resorts is headquartered in Parsippany, New Jersey, USA.

What recent developments have been announced by Wyndham Hotels & Resorts?

Recent developments include a strategic alliance with Decameron All Inclusive Hotels & Resorts, the launch of Project HQ Hotels & Residences, and a record development pipeline of 243,000 rooms as of March 2024.

What is Wyndham's approach to loyalty and rewards?

Wyndham Rewards, the company's loyalty program, offers approximately 108 million members the opportunity to earn and redeem points at various properties, providing personalized perks and benefits.

What is the focus of Project HQ Hotels & Residences?

Project HQ Hotels & Residences, a partnership with Sam Nazarian, aims to redefine luxury and lifestyle hospitality with innovative features and locations in Montreux, Switzerland, and Detroit, Michigan.

How does Wyndham support its franchisees?

Wyndham supports its franchisees with world-class marketing, distribution, technology investments, and a loyalty program, all designed to help owners succeed.

What is the scale of Wyndham's operations globally?

Wyndham operates approximately 9,200 hotels with over 876,000 rooms in more than 95 countries, making it one of the largest and most extensive hotel franchising companies globally.

What is the significance of the Wyndham and Decameron partnership?

The partnership with Decameron expands Wyndham's all-inclusive offerings to over 50 resorts globally, leveraging Wyndham's marketing and distribution platforms to reach more travelers.

Stock WH logo
Wyndham Hotels & Resorts, Inc.

NYSE:WH

WH Rankings

#1025 Ranked by Market Cap
#1543 Ranked by Dividends

WH Stock Data

7.51B
77.79M
2.14%
99.5%
4.82%
Lodging
Hotels & Motels
Link
United States of America
PARSIPPANY