Wyndham Hotels & Resorts Inc

Wyndham Hotels & Resorts Inc (WH) News & Events

$76.020

-0.730 (-0.96%)At close

WH News

WH Events

7/22 17:00

Wyndham Reports Q2 Revenue of $375M, Below Expectations

Reports Q2 revenue $375M, consensus $400.8M. "Our solid second-quarter results reflect the continued strength of Wyndham's asset-light, fee-based business, bolstered by system expansion, higher ancillary revenues and accelerating U.S. RevPAR growth that exceeded our expectations - delivering comparable-basis adjusted EBITDA growth of 3%," said Geoff Ballotti, President and Chief Executive Officer. "Record second quarter openings focused on higher FeePAR hotels in the midscale and above segments, demonstrate franchisees' continued confidence in our brands and Wyndham's compelling 'Owner First' value proposition. As domestic RevPAR trends, net rooms growth, global pipeline development and ancillary revenue streams continue to strengthen, we remain confident in our ability to deliver sustainable long-term growth and create meaningful value for our shareholders, franchisees, and guests."

7/22 17:00

FY26 Revenue Outlook Raised to $1.48B-$1.5B

FY26 consensus $4.80. Raises FY26 revenue view to $1.48B-$1.5B from $1.47B-$1.5B, consensus $1.49B.

7/22 17:00

System-Wide Rooms Grew 4% Year-Over-Year

System-wide rooms grew 4% year-over-year, excluding insolvent Revo Hospitality Group rooms. Development pipeline grew 4% year-over-year, excluding Revo, to a record of approximately 261,000 rooms, carrying a FeePAR premium of approximately 30% to existing domestic and international systems.

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