WYNDHAM HOTELS & RESORTS DECLARES QUARTERLY CASH DIVIDEND

Rhea-AI Summary

Wyndham Hotels & Resorts (NYSE: WH) has announced a quarterly cash dividend of $0.41 per share on its common stock, representing an 8% increase from the $0.38 per share quarterly dividend paid during 2024. The dividend will be payable on March 31, 2025, to shareholders of record as of March 17, 2025.

Wyndham is the world's largest hotel franchising company with approximately 9,300 hotels across over 95 countries. The company operates a portfolio of 25 hotel brands and manages approximately 903,000 rooms focused on economy and midscale segments. Their Wyndham Rewards loyalty program serves approximately 114 million enrolled members.

Positive

• 8% dividend increase shows strong shareholder returns
• World's largest hotel franchising company with 9,300 properties
• Extensive global presence across 95+ countries
• Large loyalty program with 114M members

Negative

• Exposure to economic risks including inflation and recession
• Vulnerable to travel industry disruptions
• Geopolitical risks from global conflicts

PARSIPPANY, N.J., March 4, 2025 /PRNewswire/ -- Wyndham Hotels & Resorts, Inc. (NYSE: WH) announced today its Board of Directors declared a quarterly cash dividend of $0.41 per share on its common stock, payable March 31, 2025 to shareholders of record as of March 17, 2025.  The cash dividend represents an 8% increase from the $0.38 per share quarterly dividend paid during 2024.

About Wyndham Hotels & Resorts
Wyndham Hotels & Resorts (NYSE: WH) is the world's largest hotel franchising company by the number of franchised properties, with approximately 9,300 hotels across over 95 countries on six continents.  Through its network of approximately 903,000 rooms appealing to the everyday traveler, Wyndham commands a leading presence in the economy and midscale segments of the lodging industry.  The Company operates a portfolio of 25 hotel brands, including Super 8®, Days Inn®, Ramada®, Microtel®, La Quinta®, Baymont®, Wingate®, AmericInn®, ECHO Suites®, Registry Collection Hotels®, Trademark Collection® and Wyndham®.  The Company's award-winning Wyndham Rewards loyalty program offers approximately 114 million enrolled members the opportunity to redeem points at thousands of hotels, vacation club resorts and vacation rentals globally.  For more information, visit https://investor.wyndhamhotels.com.  The Company may use its website and social media channels as means of disclosing material non-public information and for complying with its disclosure obligations under Regulation FD. Disclosures of this nature will be included on the Company's website in the Investors section, which can currently be accessed at https://investor.wyndhamhotels.com or on the Company's social media channels, including the Company's LinkedIn account which can currently be accessed at https://www.linkedin.com/company/wyndhamhotels. Accordingly, investors should monitor this section of the Company's website and the Company's social media channels in addition to following the Company's press releases, filings submitted with the Securities and Exchange Commission and any public conference calls or webcasts.

Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the federal securities laws, including statements related to Wyndham's quarterly dividend. Forward-looking statements are any statements other than statements of historical fact, including those that convey management's expectations as to the future based on plans, estimates and projections at the time Wyndham makes the statements and may be identified by words such as "will," "expect," "believe," "plan," "anticipate," "predict," "intend," "goal," "future," "forward," "remain," "confident," "outlook," "guidance," "target," "objective," "estimate," "projection" and similar words or expressions, including the negative version of such words and expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Wyndham to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Factors that could cause actual results to differ materially from those in the forward-looking statements include, without limitation, general economic conditions, including inflation, higher interest rates and potential recessionary pressures; the performance of the financial and credit markets; the economic environment for the hospitality industry; operating risks associated with the hotel franchising business; Wyndham's relationships with franchisees; the impact of war, terrorist activity, political instability or political strife, including the ongoing conflicts between Russia and Ukraine and conflicts in the Middle East, respectively; global or regional health crises or pandemics including the resulting impact on Wyndham's business, operations, financial results, cash flows and liquidity, as well as the impact on its franchisees, guests and team members, the hospitality industry and overall demand for and restrictions on travel; Wyndham's ability to satisfy obligations and agreements under its outstanding indebtedness, including the payment of principal and interest and compliance with the covenants thereunder; risks related to Wyndham's ability to obtain financing and the terms of such financing, including access to liquidity and capital; and Wyndham's ability to make or pay, plans for and the timing and amount of any future share repurchases and/or dividends, as well as the risks described in Wyndham's most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission and any subsequent reports filed with the Securities and Exchange Commission. These risks and uncertainties are not the only ones Wyndham may face and additional risks may arise or become material in the future. Wyndham undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, subsequent events or otherwise, except as required by law.

 

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SOURCE Wyndham Hotels & Resorts

FAQ

What is the new quarterly dividend amount for Wyndham Hotels & Resorts (WH) in 2025?

Wyndham Hotels & Resorts declared a quarterly dividend of $0.41 per share, payable March 31, 2025.

How much did Wyndham Hotels (WH) increase its dividend in 2025?

Wyndham increased its quarterly dividend by 8%, from $0.38 in 2024 to $0.41 per share in 2025.

What is the dividend record date for Wyndham Hotels' (WH) Q1 2025 dividend?

The record date for Wyndham's Q1 2025 dividend is March 17, 2025.

How many hotels does Wyndham Hotels & Resorts (WH) currently franchise?

Wyndham franchises approximately 9,300 hotels across over 95 countries on six continents.

How many members are enrolled in Wyndham Hotels' (WH) rewards program?

Wyndham Rewards has approximately 114 million enrolled members.