Wyndham Hotels & Resorts, Inc. operates as a hotel franchisor worldwide. It operates through Hotel Franchising and Hotel Management segments. The Hotel Franchising segment licenses its lodging brands and provides related services to third-party hotel owners and others. The Hotel Management segment provides hotel management services for full-service and limited service hotels. It is also involved in the loyalty program business. The company's hotel brand portfolios, including Super 8, Days Inn, Travelodge, Microtel, Howard Johnson, La Quinta, Ramada, Baymont, AmericInn, Wingate, Wyndham Garden, Ramada Encore, Hawthorn, TRYP, Dazzler, Esplendor, Wyndham Grand, Dolce, and Wyndham. As of June 14, 2021, it operated a portfolio of 21 hotel brands with approximately 8,900 hotels with approximately 796,000 rooms in approximately 95 countries. The company was incorporated in 2017 and is headquartered in Parsippany, New Jersey.
IPO Year: 2018
Exchange: NYSE
Website: wyndhamhotels.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/18/2024 | $96.00 | Buy | Goldman |
| 6/21/2024 | $80.00 | Neutral | Susquehanna |
| 10/23/2023 | $87.00 | Buy | HSBC Securities |
| 4/5/2023 | $79.00 | Buy | Deutsche Bank |
| 12/15/2022 | $80.00 → $88.00 | Equal Weight → Overweight | Barclays |
| 12/5/2022 | $87.00 | Overweight | Morgan Stanley |
| 11/30/2022 | Neutral | Redburn | |
| 6/29/2022 | $77.00 | Equal Weight | Barclays |
| 12/2/2021 | $99.00 | Buy | Loop Capital |
| 10/6/2021 | $99.00 | Buy | Loop Capital |
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144 - WYNDHAM HOTELS & RESORTS, INC. (0001722684) (Subject)
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144 - WYNDHAM HOTELS & RESORTS, INC. (0001722684) (Subject)
10-Q - WYNDHAM HOTELS & RESORTS, INC. (0001722684) (Filer)
8-K - WYNDHAM HOTELS & RESORTS, INC. (0001722684) (Filer)
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144 - WYNDHAM HOTELS & RESORTS, INC. (0001722684) (Subject)
PARSIPPANY, N.J., Nov. 20, 2024 /PRNewswire/ -- Wyndham Hotels & Resorts, Inc. (NYSE:WH) announced today its Board of Directors declared a quarterly cash dividend of $0.38 per share on its common stock, payable December 27, 2024 to shareholders of record as of December 13, 2024. About Wyndham Hotels & ResortsWyndham Hotels & Resorts (NYSE:WH) is the world's largest hotel franchising company by the number of properties, with approximately 9,200 hotels across over 95 countries on six continents. Through its network of approximately 893,000 rooms appealing to the everyday travel
Lafayette Square targeting up to $100 million of its balance sheet to finance qualified Wyndham franchisees; executes first deal with Dr. Amina James for first Wyndham in Lake Charles, La. PARSIPPANY, N.J., Nov. 14, 2024 /PRNewswire/ -- Wyndham Hotels & Resorts has teamed up with investment firm Lafayette Square to provide diverse hoteliers with improved access to capital. Through an exclusive relationship, Wyndham will vet and directly connect qualified owners with Lafayette Square, which aims to help hoteliers with up to $100 million in combined financing from the firm over the coming years. While not all hoteliers will qualify, viable candidates can use the funds to move forward projects
Initial deals expand Wyndham's upscale extended-stay footprint bringing fiveresidence-style accommodations to urban destinations across the U.S. PARSIPPANY, N.J., Oct. 28, 2024 /PRNewswire/ -- Guests seeking contemporary, upscale residence-style accommodations in urban destinations now have new offerings to consider in key cities like Houston, Washington D.C and more as a result of a 10-year development relationship between Wyndham Hotels & Resorts, the world's largest hotel franchisor, and Reside, a leading residential hospitality management company. The franchise agreements
Company Raises Full-Year 2024 EPS Outlook and Reaffirms Remaining Outlook Grows System Size by 4% and Development Pipeline by 5% PARSIPPANY, N.J., Oct. 23, 2024 /PRNewswire/ -- Wyndham Hotels & Resorts (NYSE:WH) today announced results for the three months ended September 30, 2024. Highlights include: System-wide rooms grew 4% year-over-year.Opened over 17,000 rooms globally, including nearly 7,000 in the U.S., which increased 15% year-over-year, and the second ECHO Suites Extended Stay by Wyndham.Awarded 197 development contracts globally, including 95 contracts in the U.S.,
Exclusive development agreement with NILE Hospitality LLP targets 40 hotels open by 2031, fuelled by increased inbound and domestic tourism LONDON, Oct. 17, 2024 /PRNewswire/ -- Wyndham Hotels & Resorts has signed an exclusive development agreement with NILE Hospitality LLP to introduce its Microtel by Wyndham brand to India, marking the eighth Wyndham brand to debut in the country. This strategic alliance enables Wyndham to leverage a leading regional third-party developer and operator to bring its award-winning brand to India. With Wyndham's global presence and NILE's expert
Will Host Conference Call and Webcast on October 24, 2024 at 8:30 a.m. ET PARSIPPANY, N.J., Sept. 25, 2024 /PRNewswire/ -- Wyndham Hotels & Resorts (NYSE:WH) announced today that it will report third quarter 2024 results on Wednesday, October 23, 2024 at approximately 4:30 p.m. ET. Geoff Ballotti, president and chief executive officer, and Michele Allen, chief financial officer and head of strategy, will host a call with investors on October 24, 2024 at 8:30 a.m. ET to discuss the Company's results and business outlook. Listeners can access the webcast live through the Compan
PARSIPPANY, N.J., Aug. 15, 2024 /PRNewswire/ -- Wyndham Hotels & Resorts, Inc. (NYSE:WH) announced today its Board of Directors declared a quarterly cash dividend of $0.38 per share on its common stock, payable September 27, 2024 to shareholders of record as of September 13, 2024. About Wyndham Hotels & ResortsWyndham Hotels & Resorts (NYSE:WH) is the world's largest hotel franchising company by the number of properties, with approximately 9,200 hotels across over 95 countries on six continents. Through its network of nearly 885,000 rooms appealing to the everyday traveler,
Company Raises Full-Year 2024 EPS OutlookCompany Grows Development Pipeline by 7% and System Size by 4% PARSIPPANY, N.J., July 24, 2024 /PRNewswire/ -- Wyndham Hotels & Resorts (NYSE:WH) today announced results for the three months ended June 30, 2024. Highlights include: Global RevPAR grew 2% in constant currency.System-wide rooms grew 4% year-over-year.Opened over 18,000 rooms globally, including over 7,000 in the U.S., which represented a year-over-year increase of 16%, and the first ECHO Suites Extended Stay by Wyndham.Awarded 180 development contracts globally, including
Mandeep Singh joins Wyndham to oversee the future development and successful rollout of ECHO Suites as openings follow in Texas and Virginia in the coming months SPARTANBURG, S.C., July 11, 2024 /PRNewswire/ -- Construction workers hitting the road for month-long projects, traveling nurses visiting a new city for extended periods and digital nomads taking advantage of today's work-from-anywhere policies will now have a new home-away-from-home with ECHO Suites Extended StaySM by Wyndham, which celebrated the grand opening of its first location, ECHO Suites Spartanburg in South Carolina.
Will Host Conference Call and Webcast on July 25, 2024 at 8:30 a.m. ET PARSIPPANY, N.J., June 26, 2024 /PRNewswire/ -- Wyndham Hotels & Resorts (NYSE:WH) announced today that it will report second quarter 2024 results on Wednesday, July 24, 2024 at approximately 4:30 p.m. ET. Geoff Ballotti, president and chief executive officer, and Michele Allen, chief financial officer and head of strategy, will host a call with investors on July 25, 2024 at 8:30 a.m. ET to discuss the Company's results and business outlook. Listeners can access the webcast live through the Company's websi
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Enhancing Wyndham's BOLD and Women Own the Room initiatives, franchisees unlock exclusive access to industry experts to help support successful ownership PARSIPPANY, N.J., Oct. 7, 2024 /PRNewswire/ -- Networking for Wyndham's Black Owners and Lodging Developers (BOLD) and Women Own the Room franchisees just got easier with access to peer-to-peer connections and expert mentorship. Created on the foundation of building community for diverse hoteliers, the new Accelerator Circle gives BOLD and Women Own the Room franchisees exclusive access to Wyndham's network of existing owners and industry experts through quarterly, small-group virtual meetups focused on fast-tracking hotel openings and maxi
Wyndham Rewards Earner® Card once again named best hotel credit card PARSIPPANY, N.J., Aug. 20, 2024 /PRNewswire/ -- Wyndham Rewards®, the world's most generous rewards program spanning more than 60,000 hotels, vacation club resorts and vacation rentals globally has once again been ranked the top hotel rewards program by readers of USA Today while the Wyndham Rewards Earner® Card has been ranked the top hotel credit card. This marks the seventh consecutive year Wyndham Rewards has taken the top spot in program rankings from USA Today and the sixth consecutive year its credit c
Looking fresh: America's trusted roadside brand celebrates 50 years and a modern makeover with historically low room rates—available at hundreds of hotels for a limited time PARSIPPANY, N.J., July 29, 2024 /PRNewswire/ -- Dial-up internet, landlines, and VHS tapes—some things are best left in the past. But with age, some things only get better. At 50 years young, Super 8—America's trusted roadside hotel brand—has never looked or felt better and to celebrate, the brand is giving guests a chance to book a room this summer at the same rate it charged in 1974: $8.88 a night plus tax. Act fast though – only 888 nights are available at the reduced rate.
Real estate and hospitality veteran to lead Wyndham's accelerating growth strategy PARSIPPANY, N.J., May 17, 2024 /PRNewswire/ -- Wyndham Hotels & Resorts (NYSE:WH) appointed Amit Sripathi Chief Development Officer reporting to the Company's President and Chief Executive Officer, Geoff Ballotti. Sripathi will lead Wyndham's North American franchise sales team as they help hotel owners tap into the power of the world's largest hotel franchise company and its iconic brands. "Amit's deep experience in mergers & acquisitions and capital markets focused on the real estate and hospi
Comprehensive program offers points on qualified business spend, employee status gifting, a minimum 10% room discount, easy direct billing, instant group bookings and more For a limited time, businesses can earn a future free hotel night when they join Wyndham Rewards Business and complete a qualified stay by June 30 PARSIPPANY, N.J., April 16, 2024 /PRNewswire/ -- Whether you're a startup looking to maximize travel budgets, a travel manager wanting to recognize employees, or a construction foreman needing a last-minute, multi-week group booking—managing your company's travel needs is now easier than ever thanks to Wyndham and its newly expanded, free-to-join, Wyndham Business program.
Industry veteran to lead Wyndham's newly unified, technology-driven commercial organization PARSIPPANY, N.J., April 9, 2024 /PRNewswire/ -- Wyndham Hotels & Resorts (NYSE:WH) appointed Scott Strickland Chief Commercial Officer reporting to the Company's President and Chief Executive Officer, Geoff Ballotti. In this newly created leadership role, Strickland and his team will continue delivering the best value and experiences to Wyndham's owners and guests across its 25 brands through a united commercial organization. "Over 7 years ago we recruited Scott from the private equity
Leveraging its strong talent bench, Wyndham Appoints Shilpan Patel to Lead North America Franchise Operations and Gustavo Viescas to Lead the LATAMC Region PARSIPPANY, N.J., Oct. 13, 2022 /PRNewswire/ -- Wyndham Hotels & Resorts, the world's largest hotel franchising company with approximately 9,000 hotels across more than 95 countries, has promoted Shilpan Patel to executive vice president, North America Franchise Operations, and Gustavo Viescas to president, LATAMC, and elevated both to the Company's Executive Committee effective immediately. With nearly 45 combined years, the two Company veterans have extensive experience helping Wyndham franchisees and owners around the globe succeed.
PARSIPPANY, N.J., Dec. 15, 2020 /PRNewswire/ -- Wyndham Hotels & Resorts (NYSE: WH) today announced that Mary R. Falvey, its Chief Administrative Officer, will leave the Company on March 1, 2021. Wyndham Hotels & Resorts today announced the promotion of its human resource leader for managed hotel operations in North America, Monica Melancon, to Chief Human Resource Officer, effective March 1. "During her 22 years at Wyndham Worldwide and its predecessor companies, Mary was absolutely instrumental in building the best culture in this industry and helping us transition that culture to Wyndham Hotels & Resorts. We are tremendously grateful for all that Mary has ach
Stifel analyst Simon Yarmak maintains Wyndham Hotels & Resorts (NYSE:WH) with a Buy and lowers the price target from $91.5 to $89.
Wyndham Hotels & Resorts (NYSE:WH) reported quarterly earnings of $1.13 per share which beat the analyst consensus estimate of $1.03 by 9.71 percent. The company reported quarterly sales of $367.000 million which missed the analyst consensus estimate of $370.573 million by 0.96 percent. This is a 1.38 percent increase over sales of $362.000 million the same period last year.
Throughout the last three months, 5 analysts have evaluated Wyndham Hotels & Resorts (NYSE:WH), offering a diverse set of opinions from bullish to bearish. The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 4 1 0 0 Last 30D 0 0 1 0 0 1M Ago 0 0 0 0 0 2M Ago 0 2 0 0 0 3M Ago 0 2 0 0 0 In the assessment of 12-month price targets, analysts unveil insights for Wyndham Hotels & Resorts, presenting an average target of $85.8, a high estimate of $88.00, and a low estimate of $80.00. Exp
Susquehanna analyst Christopher Stathoulopoulos initiates coverage on Wyndham Hotels & Resorts (NYSE:WH) with a Neutral rating and announces Price Target of $80.
Shares in the travel and leisure industry are increasingly catching the eye of value investors, presenting discounted valuations alongside promising growth prospects for the upcoming tourist season. Since the start of the current bull-market rally, major industry exchange-traded funds (ETFs) tracking travel and leisure companies have underperformed relative to the broader stock market. The Defiance Hotel, Airline, and Cruise ETF (NYSE:CRUZ), the Alps Global Travel Beneficiaries ETF (NYSE:JRNY), and the AdvisorShares Hotel ETF (NYSE:BEDZ) have gained 28%, 24.5%, and 22.8%, respectively, compared to a 29% surge in the SPDR S&P 500 ETF Trust (NYSE:SPY) since late October 2023. Yet, the
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Barclays analyst Brandt Montour maintains Wyndham Hotels & Resorts (NYSE:WH) with a Overweight and raises the price target from $87 to $88.
Throughout the last three months, 4 analysts have evaluated Wyndham Hotels & Resorts (NYSE:WH), offering a diverse set of opinions from bullish to bearish. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 4 0 0 0 Last 30D 0 1 0 0 0 1M Ago 0 2 0 0 0 2M Ago 0 1 0 0 0 3M Ago 0 0 0 0 0 Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $87.75, with a high estimate of $90.00 and a low estimate of $86.00. Observing a downwa
PARSIPPANY, N.J., Nov. 20, 2024 /PRNewswire/ -- Wyndham Hotels & Resorts, Inc. (NYSE:WH) announced today its Board of Directors declared a quarterly cash dividend of $0.38 per share on its common stock, payable December 27, 2024 to shareholders of record as of December 13, 2024. About Wyndham Hotels & ResortsWyndham Hotels & Resorts (NYSE:WH) is the world's largest hotel franchising company by the number of properties, with approximately 9,200 hotels across over 95 countries on six continents. Through its network of approximately 893,000 rooms appealing to the everyday travel
Lafayette Square targeting up to $100 million of its balance sheet to finance qualified Wyndham franchisees; executes first deal with Dr. Amina James for first Wyndham in Lake Charles, La. PARSIPPANY, N.J., Nov. 14, 2024 /PRNewswire/ -- Wyndham Hotels & Resorts has teamed up with investment firm Lafayette Square to provide diverse hoteliers with improved access to capital. Through an exclusive relationship, Wyndham will vet and directly connect qualified owners with Lafayette Square, which aims to help hoteliers with up to $100 million in combined financing from the firm over the coming years. While not all hoteliers will qualify, viable candidates can use the funds to move forward projects
For a limited time, earn double Wyndham Rewards points on hotels, flights, car rentals, and more with Wyndham Travel Packages PARSIPPANY, N.J., Nov. 12, 2024 /PRNewswire/ -- Travelers planning their next adventure now have a simpler and more rewarding way to book. Starting today, Wyndham Rewards®—the world's most generous rewards program with over 60,000 hotels, vacation club resorts, and vacation rentals worldwide—is enhancing the travel experience with the launch of Wyndham Travel Packages. Available to all Wyndham Rewards members across the Americas, Wyndham Travel Packages
Milestone comes as China looks to become world's largest travel and tourism market by 2035; builds on Wyndham's reacquisition of direct franchising rights for Days Inn in 2019 SHANGHAI, Oct. 29, 2024 /PRNewswire/ -- Wyndham Hotels & Resorts surpassed a major milestone in China: signing nearly 600 direct franchise agreements across the country in just five years. The achievement is a testament to Wyndham's owner-first approach to franchising and increased efforts in recent years to reduce its reliance for growth on master licensees—a move underscored in 2019 when the Company reacquired direct franchising rights for its Days Inn brand in China.
Initial deals expand Wyndham's upscale extended-stay footprint bringing fiveresidence-style accommodations to urban destinations across the U.S. PARSIPPANY, N.J., Oct. 28, 2024 /PRNewswire/ -- Guests seeking contemporary, upscale residence-style accommodations in urban destinations now have new offerings to consider in key cities like Houston, Washington D.C and more as a result of a 10-year development relationship between Wyndham Hotels & Resorts, the world's largest hotel franchisor, and Reside, a leading residential hospitality management company. The franchise agreements
Company Raises Full-Year 2024 EPS Outlook and Reaffirms Remaining Outlook Grows System Size by 4% and Development Pipeline by 5% PARSIPPANY, N.J., Oct. 23, 2024 /PRNewswire/ -- Wyndham Hotels & Resorts (NYSE:WH) today announced results for the three months ended September 30, 2024. Highlights include: System-wide rooms grew 4% year-over-year.Opened over 17,000 rooms globally, including nearly 7,000 in the U.S., which increased 15% year-over-year, and the second ECHO Suites Extended Stay by Wyndham.Awarded 197 development contracts globally, including 95 contracts in the U.S.,
Exclusive development agreement with NILE Hospitality LLP targets 40 hotels open by 2031, fuelled by increased inbound and domestic tourism LONDON, Oct. 17, 2024 /PRNewswire/ -- Wyndham Hotels & Resorts has signed an exclusive development agreement with NILE Hospitality LLP to introduce its Microtel by Wyndham brand to India, marking the eighth Wyndham brand to debut in the country. This strategic alliance enables Wyndham to leverage a leading regional third-party developer and operator to bring its award-winning brand to India. With Wyndham's global presence and NILE's expert
Enhancing Wyndham's BOLD and Women Own the Room initiatives, franchisees unlock exclusive access to industry experts to help support successful ownership PARSIPPANY, N.J., Oct. 7, 2024 /PRNewswire/ -- Networking for Wyndham's Black Owners and Lodging Developers (BOLD) and Women Own the Room franchisees just got easier with access to peer-to-peer connections and expert mentorship. Created on the foundation of building community for diverse hoteliers, the new Accelerator Circle gives BOLD and Women Own the Room franchisees exclusive access to Wyndham's network of existing owners and industry experts through quarterly, small-group virtual meetups focused on fast-tracking hotel openings and maxi
CLEVELAND, Oct. 4, 2024 /PRNewswire/ -- Brown Gibbons Lang & Company (BGL) is pleased to announce the completion of the brand conversion and financial restructuring of three new Wyndham hotels accounting for 397 keys, on behalf of the hotels' owners, Ceres Enterprises and The Orlean Company. The hotels include the 113-key Wyndham Avon (OH), the 132-key Wyndham Noblesville (IN), and the 152-key Wyndham Westfield (IN). Ceres Enterprises also owns and operates The Orbit Hotel, a Trademark Collection by Wyndham, a 54-key hotel that is housed in a former NASA office building at the Cleveland Hopkins International Airport—bringing the portfolio to four Wyndham-branded hotels.
Launches search for cultural brand ambassador with a $15,000 payday PARSIPPANY, N.J., Oct. 1, 2024 /PRNewswire/ -- Imagine wandering through the markets of Türkiye, soaking in the serene landscapes of California and exploring the vibrant streets of Panama. Now, imagine experiencing all these destinations on a single, unforgettable, global journey, snapping incredible photos along the way. One lucky adventurer will do just that as the Ramada by Wyndham Chief Eats Officer ("CEO"), embarking on a worldwide adventure. The cherry on top? Get paid $15,000 while doing it. Spanning 75
Goldman initiated coverage of Wyndham Hotels & Resorts with a rating of Buy and set a new price target of $96.00
Susquehanna initiated coverage of Wyndham Hotels & Resorts with a rating of Neutral and set a new price target of $80.00
HSBC Securities initiated coverage of Wyndham Hotels & Resorts with a rating of Buy and set a new price target of $87.00
Deutsche Bank initiated coverage of Wyndham Hotels & Resorts with a rating of Buy and set a new price target of $79.00
Barclays upgraded Wyndham Hotels & Resorts from Equal Weight to Overweight and set a new price target of $88.00 from $80.00 previously
Morgan Stanley initiated coverage of Wyndham Hotels & Resorts with a rating of Overweight and set a new price target of $87.00
Redburn initiated coverage of Wyndham Hotels & Resorts with a rating of Neutral
Barclays initiated coverage of Wyndham Hotels & Resorts with a rating of Equal Weight and set a new price target of $77.00
Loop Capital resumed coverage of Wyndham Hotels & Resorts with a rating of Buy and set a new price target of $99.00
Loop Capital initiated coverage of Wyndham Hotels & Resorts with a rating of Buy and set a new price target of $99.00