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WH - Dividend announcements
Wyndham Hotels & Resorts Inc. (WH) dividend announcements - real-time wire coverage filtered to Dividends only.
Recent Dividends for WH
- Wyndham Marks 20th ECHO Suites Opening, Underscoring Rapid Extended Stay GrowthMilestone opening in Bozeman, Montana highlights strong developer demand and Wyndham's expanding extended stay platformHIGHLIGHTSWyndham Hotels & Resorts opened its 20th all-new construction ECHO Suites® Extended Stay hotel in Bozeman, Montana, highlighting rapid nationwide growth since the brand's 2024 launch. Hotels open six months or more are, on average, exceeding 70% occupancy based on results through Q1 2026. Over the same period, many of the most established locations are exceeding 80% occupancy with RevPAR index levels above 100% against a comp set comprised of primarily midscale-and-above hotels. With nearly one dozen new construction projects underway, and continued demand from lon
- Wyndham Crosses 100-Hotel Mark in MexicoMilestone underscores rapid expansion across one of the Company's fastest growing markets in Latin AmericaPARSIPPANY, N.J., April 6, 2026 /PRNewswire/ -- Wyndham Hotels & Resorts is celebrating a major milestone: over 100 hotels now open across Mexico. The achievement caps a period of steady expansion in one of the Company's key international markets, where in just five years, it has nearly doubled its footprint, adding locations in top leisure, business, and cultural destinations. With a presence in more than 50 cities and 15 brands and a strong multi-brand pipeline of addition
- WYNDHAM HOTELS & RESORTS DECLARES QUARTERLY CASH DIVIDENDPARSIPPANY, N.J., March 10, 2026 /PRNewswire/ -- Wyndham Hotels & Resorts, Inc. (NYSE:WH) announced today its Board of Directors declared a quarterly cash dividend of $0.43 per share on its common stock, payable March 30, 2026 to shareholders of record as of March 20, 2026. The cash dividend represents a 5% increase from the $0.41 per share quarterly dividend paid during 2025. About Wyndham Hotels & ResortsWyndham Hotels & Resorts (NYSE:WH) is the world's largest hotel franchising company by the number of franchised properties, with over 8,300 hotels across approximately 100 cou
- WYNDHAM HOTELS & RESORTS ANNOUNCES PRICING OF SENIOR NOTES OFFERINGPARSIPPANY, N.J., Feb. 24, 2026 /PRNewswire/ -- Wyndham Hotels & Resorts, Inc. (NYSE: WH) (the "Company") announced today the pricing of its offering of $650 million aggregate principal amount of 5.625% Senior Notes due 2033 (the "Notes"). The offering is expected to close on February 27, 2026, subject to customary closing and market conditions, and the Company intends to use the net proceeds of the offering to repay all of the outstanding borrowings under its term loan A and under its revolving credit facility, to pay related fees and expenses and for general corporate purposes. The Notes will be guaranteed by certain of the Company's domestic restricted subsidiaries that guarantee its outs
- WYNDHAM HOTELS & RESORTS ANNOUNCES LAUNCH OF SENIOR NOTES OFFERINGPARSIPPANY, N.J., Feb. 24, 2026 /PRNewswire/ -- Wyndham Hotels & Resorts, Inc. (NYSE: WH) (the "Company") announced today that it intends to offer $650 million aggregate principal amount of Senior Notes due 2033 (the "Notes"). The Company intends to use the net proceeds of the offering to repay all of the outstanding borrowings under its term loan A and under its revolving credit facility, to pay related fees and expenses and for general corporate purposes. The Notes will be guaranteed by certain of the Company's domestic restricted subsidiaries that guarantee its outstanding credit facilities and its existing notes.
- WYNDHAM HOTELS & RESORTS DECLARES QUARTERLY CASH DIVIDENDPARSIPPANY, N.J., Nov. 13, 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 December 30, 2025 to shareholders of record as of December 15, 2025. About Wyndham Hotels & ResortsWyndham Hotels & Resorts (NYSE:WH) is the world's largest hotel franchising company by the number of franchised properties, with approximately 8,300 hotels across approximately 100 countries on six continents. Through its network of over 855,000 rooms appealing to the everyday traveler, Wyndham commands a leading presence in the economy and midscale segments of the lodging industry.
- WYNDHAM HOTELS & RESORTS ANNOUNCES CFO TRANSITIONKurt Albert Appointed Interim CFO PARSIPPANY, N.J., Nov. 4, 2025 /PRNewswire/ -- Wyndham Hotels & Resorts (NYSE:WH) today announced that Michele Allen, Chief Financial Officer and Head of Strategy, will be departing the Company to pursue a new career opportunity outside of the hotel industry. Kurt Albert, currently Treasurer and Head of Financial Partnerships & Planning, has been appointed Interim Chief Financial Officer, effective immediately. Wyndham plans to conduct a comprehensive search for a permanent Chief Financial Officer, which will include consideration of both internal and external candidates. Ms. Allen will serve in an advisory role at Wyndham through the end of 2025 to support
- Boutique Style, Budget Sensibility: Introducing Dazzler Select by WyndhamWith 16,000+ economy independent hotels in the U.S. alone, Wyndham's newest offering fills a long-overlooked gap in the soft-brand landscape PARSIPPANY, N.J., Oct. 6, 2025 /PRNewswire/ -- Wyndham Hotels & Resorts, the world's largest hotel franchising company, today launched Dazzler Select by Wyndham, a new franchise offering designed for independent hoteliers in the economy lifestyle space. An extension of its boutique-inspired Dazzler® by Wyndham brand, Dazzler Select empowers owners to preserve the individuality, branding, and character of their hotels while unlocking the b
- WYNDHAM HOTELS & RESORTS DECLARES QUARTERLY CASH DIVIDENDPARSIPPANY, N.J., Aug. 14, 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 September 30, 2025 to shareholders of record as of September 15, 2025. About Wyndham Hotels & ResortsWyndham Hotels & Resorts (NYSE:WH) is the world's largest hotel franchising company by the number of franchised properties, with approximately 8,300 hotels across approximately 100 countries on six continents. Through its network of approximately 847,000 rooms appealin
- Wyndham Partners with Cygnett to Introduce La Quinta and Registry Collection Hotels in IndiaNew strategic alliance expected to add more than 60 hotels over 10 years across India, Bangladesh, Sri Lanka and Nepal, with first hotels slated to open in 2026 DELHI, India, July 14, 2025 /PRNewswire/ -- Wyndham Hotels & Resorts is accelerating its expansion across India and the surrounding region, announcing today a new strategic alliance with Cygnett Hotels & Resorts that will not only introduce its La Quinta® by Wyndham and Registry Collection Hotels® brands to the country but is expected to add more than 60 hotels across India, Bangladesh, Sri Lanka and Nepal over the next 10 years.
- Wyndham Opens 100th Days Inn Hotel in ChinaDays Inn by Wyndham Shantou Jinping builds on Wyndham's successful growth since reacquiring direct franchising rights for the brand in 2019 SHANGHAI, June 17, 2025 /PRNewswire/ -- Wyndham Hotels & Resorts is celebrating a major milestone in Asia Pacific with the opening of its 100th Days Inn hotel in China: Days Inn by Wyndham Shantou Jinping. The opening not only highlights the brand's robust growth across the country but underscores Wyndham's success since reacquiring direct franchising rights for the brand. Wyndham's Days Inn brand in China has averaged double-digit net ro
- WYNDHAM HOTELS & RESORTS DECLARES QUARTERLY CASH DIVIDENDPARSIPPANY, N.J., May 15, 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 June 30, 2025 to shareholders of record as of June 13, 2025. About Wyndham Hotels & ResortsWyndham 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 907,000 rooms appealing to the everyday tra
- Wyndham and Le Park Concord to Launch 100 Super 8® Hotels Across Saudi Arabia in Landmark 10-Year DealExclusive development agreement supports KSA's Vision 2030 while helping make travel more accessible throughout the Kingdom RIYADH, Saudi Arabia, May 14, 2025 /PRNewswire/ -- Wyndham Hotels & Resorts, the world's largest hotel franchising company with approximately 9,300 hotels spanning more than 95 countries, has entered into an exclusive development agreement with Le Park Concord Company to launch its iconic Super 8® by Wyndham brand in the Kingdom of Saudi Arabia. With plans to open 100 hotels over the next ten years, the agreement reinforces Wyndham's long-term commitment to quality, accessible and sustainable hospitality development in the region.
- Wyndham and Soliteight Unveil Plans to Bring Super 8 Brand to Spain and Portugal with 40 New Hotels Over 10 YearsExclusive Development Agreement strengthens Wyndham's relationship with longtime franchisee while capitalising on countries' booming tourism trends LONDON, April 24, 2025 /PRNewswire/ -- Wyndham Hotels & Resorts, the world's largest hotel franchising company with 25 global brands and approximately 9,300 hotels, has signed an exclusive development agreement with Soliteight Hotel Projects SA to introduce its Super 8® by Wyndham brand to the Iberian market in Spain and Portugal. Under the agreement, Soliteight, a leading hotel development and investment firm and existing Wyndham franchisee, will develop and open 40 Super 8 hotels over the next ten years, filling a crucial gap in the region's ho
- WYNDHAM HOTELS & RESORTS DECLARES QUARTERLY CASH DIVIDENDPARSIPPANY, 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 & ResortsWyndham 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 c
- Wyndham Caps Banner Year, Poised for Continued Growth Amid Rising Global Travel DemandWorld's largest hotel franchisor positioned for long-term success following a year of global expansion, new brand openings and numerous owner and guest investments PARSIPPANY, N.J., Jan. 28, 2025 /PRNewswire/ -- Following a banner year capping multiple milestones and accomplishments, Wyndham Hotels & Resorts is poised for continued growth and innovation in 2025. Chief among its priorities: complementing its strong foundation of economy and midscale brands with new upscale and lifestyle brands, while scaling technology and digital capabilities to deliver best-in-class experiences for hotel owners and guests.
- WYNDHAM HOTELS & RESORTS DECLARES QUARTERLY CASH DIVIDENDPARSIPPANY, 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
- Wyndham and Lafayette Square Unlock New Financing Opportunities for Diverse Hotel OwnersLafayette 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
- Wyndham Expands Extended Stay Offerings, Teams with Reside to Introduce Wyndham Residences in the U.S.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
- Wyndham Inks Exclusive Development Agreement to Bring Award-Winning Microtel by Wyndham Brand to IndiaExclusive 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
- WYNDHAM HOTELS & RESORTS DECLARES QUARTERLY CASH DIVIDENDPARSIPPANY, 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,
- First ECHO Suites Extended Stay by Wyndham Opens in South CarolinaMandeep 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.
- WYNDHAM HOTELS & RESORTS COMPLETES SUCCESSFUL DEBT REPRICING AND UPSIZINGPARSIPPANY, N.J., May 28, 2024 /PRNewswire/ -- Wyndham Hotels & Resorts, Inc. (NYSE: WH) (the "Company") today announced that it successfully completed the repricing of its existing $1.1 billion Senior Secured Term Loan B Facility due May 2030 (the "Term Loan B"). The Term Loan B garnered significant investor demand, resulting in an upsize of $400 million while in market and an attractive interest rate of Secured Overnight Financing Rate ("SOFR") plus 1.75%, which represents a 60 basis point reduction, at an issue price of 99.875% - the tightest priced new money raise in the entire SOFR era. The repricing on the existing $1.1 billion Term Loan B is expected to result in annual interest expen
- WYNDHAM HOTELS & RESORTS DECLARES QUARTERLY CASH DIVIDENDPARSIPPANY, N.J., May 9, 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 June 28, 2024 to shareholders of record as of June 14, 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 over 876,000 rooms appealing to the everyday traveler, Wyndham command
- Wyndham Alltra Opens Newest Resort on Coast of the Dominican's Samaná PeninsulaUnveils plans to expand all-inclusive footprint with signing of new Wyndham Alltra Punta Cana PARSIPPANY, N.J., April 15, 2024 /PRNewswire/ -- Guests looking for a low stress, family-friendly getaway can now book and enjoy an idyllic, all-inclusive escape at the newly opened Wyndham Alltra Samaná. Located in the charming town of Las Galeras in the Samaná province of the Dominican Republic, the hotel boasts ocean views, pristine white sands and endless, all-day entertainment for all ages. Managed by Playa Hotels & Resorts, one of the world's leading all-inclusive operators, Wyn
- Wyndham Enters Upscale Extended Stay with WaterWalk11 hotel portfolio rebrands as WaterWalk Extended Stay by Wyndham PARSIPPANY, N.J., April 2, 2024 /PRNewswire/ -- Wyndham Hotels & Resorts is expanding into the upscale extended stay segment, launching a strategic relationship with industry innovator WaterWalk. The deal adds 11 hotels and over 1,500 rooms to the Wyndham ecosystem, rebranding them under the newly created WaterWalk Extended Stay by Wyndham brand, the 25th in Wyndham's portfolio. Located in key markets such as Tucson, Jacksonville and Wichita, the offerings perfectly compliment Wyndham's existing economy and midscale extended stay brands and cater to guests seeking a local, yet elevated stay with the comforts of home.
- Wyndham's Women Own the Room Initiative Drives Over One Dozen Hotel OpeningsSurpasses 50 hotel signings while growing community base to more than 550 PARSIPPANY, N.J., March 19, 2024 /PRNewswire/ -- Wyndham Hotels & Resorts is celebrating a major milestone for its award-winning Women Own the RoomSM initiative, surpassing 15 hotel openings and more than 50 signings in just over 24 months. The first-of-its-kind offering—which has seen its network of current and prospective women hotel owners climb to more than 550—leverages Wyndham's scale and influence to break down the unique barriers women face on the path to hotel ownership. According to data from
- Wyndham Comments on Expiration of Choice's Unsolicited Exchange Offer and Withdrawal of Director NomineesPARSIPPANY, N.J., March 11, 2024 /PRNewswire/ -- Wyndham Hotels & Resorts (NYSE:WH) ("Wyndham") today commented on the expiration of Choice Hotels International, Inc.'s (NYSE:CHH) ("Choice") exchange offer and its decision to withdraw its slate of nominees for election to Wyndham's Board of Directors at the 2024 Annual Meeting of Shareholders: "The Wyndham Board is pleased that Choice has ended its hostile pursuit and proxy contest, following the expiration of its unsolicited exchange offer," said Stephen P. Holmes, Chairman of the Board. "We are confident in Wyndham's standal
- Choice Hotels Provides Update on Exchange Offer and Proposal to Acquire Wyndham Hotels & ResortsAnnounces Expiration of Exchange Offer and Withdrawal of Independent Director Candidates for Election at Wyndham's 2024 Annual Meeting Increases Share Repurchase Authorization Projects to Continue Delivering Strong Earnings Growth NORTH BETHESDA, Md., March 11, 2024 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE:CHH) (the "Company" or "Choice") today announced the expiration of the exchange offer to acquire all of the issued and outstanding shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH) ("Wyndham"). The Company is also withdrawing its nomination of the highly qualified, independent director candidates for election at Wyndham's 2024 Annual Meeting of Stockholders. The Company fu
- Wyndham Board of Directors Sends Letter to Shareholders Highlighting Clear Path to Deliver Value Substantially in Excess of Choice's Inadequate and Risk-Laden OfferUrges Shareholders to Protect Their Investment and the Future of Wyndham by Supporting Only Wyndham's Eight Highly-Qualified Director Nominees Encourages Shareholders to Visit StayWyndham.com for More Information PARSIPPANY, N.J., March 11, 2024 /PRNewswire/ -- The Board of Directors of Wyndham Hotels & Resorts (NYSE:WH) ("Wyndham" or the "Company"), the world's largest hotel franchising company with approximately 9,200 hotels spanning more than 95 countries, sent a letter to shareholders urging them to protect their investment and the future of Wyndham by supporting only Wyndham's eight highly-qualified Director nominees and not the nominees from Choice Hotels International (NYSE:CHH) ("Ch
- Choice Hotels Urges Wyndham Stockholders to Tender Their Shares Before the March 8th DeadlineWyndham Stockholders Need to Send a Clear Message to the Wyndham Board to Engage Constructively NORTH BETHESDA, Md., March 5, 2024 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE:CHH) ("Choice") urges the stockholders of Wyndham Hotels & Resorts, Inc. (NYSE:WH) ("Wyndham") to tender their shares into the exchange offer ahead of its expiration at 5:00 p.m. ET on Friday, March 8, 2024. Tendering shares will send a clear message to Wyndham's board of directors to constructively engage with Choice to reach a consensual agreement on the terms of a transaction. Depending on participation, Choice intends to either extend or terminate the exchange offer and will evaluate next steps related t
- WYNDHAM HOTELS & RESORTS DECLARES QUARTERLY CASH DIVIDENDPARSIPPANY, N.J., Feb. 29, 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 March 29, 2024 to shareholders of record as of March 15, 2024. The cash dividend represents a 9% increase from the $0.35 per share quarterly dividend paid during 2023. 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
- WYNDHAM COMMENTS ON CHOICE'S SELF-SERVING DIRECTOR NOMINATIONSNominees Selected to Rubber-Stamp Choice's Underwhelming and Risk-Laden Offer Board Remains Open to an Offer That is in Best Interests of Wyndham and its Shareholders PARSIPPANY, N.J., Jan. 22, 2024 /PRNewswire/ -- Wyndham Hotels & Resorts (NYSE:WH) ("Wyndham" or the "Company"), the world's largest hotel franchising company with approximately 9,100 hotels spanning more than 95 countries, today confirmed receipt of a notice from Choice Hotels International, Inc. (NYSE:CHH) ("Choice") of its intent to nominate directors to the Wyndham Board of Directors (the "Board") at the Company's 2024 annual meeting of shareholders. The Wyndham Board issued the following statement in response:
- SAM NAZARIAN'S SBE FORMS STRATEGIC ALLIANCE WITH WYNDHAM, LAUNCHES NEW SMART LIFESTYLE BRAND, PROJECT HQ HOTELS & RESIDENCESProject HQ leverages sbe's decades of lifestyle expertise, offering a transformative solution for adapting legacy hotels into exceptional centers for dining, nightlife, and wellness. Designed for savvy Millennial and Gen Z travelers, Project HQ has strategic investment from entertainment icon and entrepreneur, Marc Anthony; targeting 50 open hotels by 2030. Project HQ joins Wyndham's Registry Collection Hotels brand, tapping into the scale, resources and reach of the world's largest hotel franchisor. MIAMI, Jan. 22, 2024 /PRNewswire/ -- sbe, the privately-held leading international lifestyle hospitality group that develops, manages and operates world-class hotels, restaurants, lounges and ni
- Choice Hotels Proposes a Full Slate of Independent, Highly Qualified Individuals for Election at the 2024 Annual Meeting of Wyndham Hotels & ResortsNominees Are Seasoned Leaders with Financial and Operational Experience Across Hospitality, Franchising and Other Relevant Industries Wyndham Shareholders Deserve a Board Focused on Good Governance and Its Fiduciary Duty to Drive Shareholder Value NORTH BETHESDA, Md., Jan. 22, 2024 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE: CHH) ("Choice"), one of the world's most successful lodging franchisors, today announced that it has proposed eight independent, highly qualified individuals to stand for election at the 2024 Annual Shareholder Meeting of Wyndham Hotels & Resorts, Inc. (NYSE:WH) ("Wyndham"). Stewart W. Bainum, Chair of Choice's Board of Dir
- Wyndham Confirms Receipt of Expansive FTC Second Request Under HSR Act for Choice's Unsolicited Hostile Offer to Acquire WyndhamExtended Regulatory Review Certain Offer Continues to Undervalue Wyndham and Exposes Wyndham Shareholders to Significant Asymmetrical Risk PARSIPPANY, N.J., Jan. 11, 2024 /PRNewswire/ -- Wyndham Hotels & Resorts (NYSE:WH) ("Wyndham" or the "Company"), the world's largest hotel franchising company with approximately 9,100 hotels spanning more than 95 countries, today confirmed receipt of a 40-page and 65-topic 'Second Request' from the Federal Trade Commission in connection with Choice Hotels International, Inc.'s (NYSE:CHH) ("Choice") unsolicited proposed acquisition of Wyndham:
- Choice Hotels Sets the Record Straight on Path to Regulatory Approval of Combination with Wyndham Hotels & ResortsCalls Out Wyndham's Campaign of Disinformation Reiterates Commitment to Completing Pro-Competitive, Pro-Franchisee, and Pro-Guest Combination NORTH BETHESDA, Md., Jan. 10, 2024 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE:CHH) (the "Company" or "Choice"), today issued an investor presentation and infographic disputing the false and misleading antitrust claims made by Wyndham Hotels & Resorts, Inc. (NYSE:WH) ("Wyndham") in connection with Choice's proposal to acquire Wyndham. The presentation has been filed with the U.S. Securities and Exchange Commission and is also available at CreateValueWithChoice.com.
- Wyndham Hotels & Resorts' Latest Release Shows How Divergent Their Board's Interests Are from Their Shareholders'; Their Arguments Seek to Undermine the Value-Creating Possibility of M&AWyndham Shareholders Should Tender Their Shares in Choice's Exchange Offer to Send Clear Message to Wyndham's Board Choice Has Recently Engaged with Wyndham Shareholders Representing over 40% of Shares Outstanding; Many Shareholders Are Eager for Both Parties to Work Together to Reach an Expedient Resolution NORTH BETHESDA, Md., Dec. 20, 2023 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE:CHH) (the "Company" or "Choice"), today issued the following statement in response to the Wyndham Hotels & Resorts, Inc. (NYSE:WH) ("Wyndham") Board of Directors' recommendation that its shareholders reject Choice's exchange offer.
- Wyndham Board Urges Shareholders to Reject Inadequate and Highly Conditional Choice Exchange OfferBoard Unanimously Recommends Wyndham Shareholders NOT Tender Shares Choice Ignores Significant Regulatory and Business Risks and Misleads Wyndham Shareholders and Other Stakeholders with Continued Inconsistent and Inaccurate Statements Wyndham Board Believes the Company Can Deliver Long-Term Shareholder Value in Excess of the Current $85 Per Share in Cash and Stock Offered by Choice Visit StayWyndham.com, Where Shareholders and Franchisees Can Get the Facts PARSIPPANY, N.J., Dec. 18, 2023 /PRNewswire/ -- Wyndham Hotels & Resorts (NYSE: WH) ("Wyndham" or the "Company"), today announced that its Board of Directors, following a comprehensive review with its outside financial and legal advisors,
- Wyndham Confirms Receipt and Review of Unsolicited Exchange Offer from ChoiceOffer Terms Remain Unchanged and Highly Conditional Shareholders Urged Not to Take Action at This Time PARSIPPANY, N.J., Dec. 12, 2023 /PRNewswire/ -- Wyndham Hotels & Resorts (NYSE:WH) ("Wyndham" or the "Company"), the world's largest hotel franchising company with approximately 9,100 hotels spanning more than 95 countries, today confirmed that Choice Hotels International, Inc. (NYSE:CHH) ("Choice"), has commenced an unsolicited exchange offer to acquire all outstanding shares of Wyndham common stock. The offer proposed by Choice appears unchanged from the terms outlined in a letter to Wyndham dated November 14, 2023 and is currently valued at approximately $86 per share.
- Choice Hotels Launches Exchange Offer to Acquire All Outstanding Shares of Wyndham Hotels & ResortsDiscloses Ownership Position of More Than $110 Million of Wyndham Stock Preparing to Nominate Candidates to the Wyndham Board of Directors Commences the Regulatory Approval Process NORTH BETHESDA, Md., Dec. 12, 2023 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE:CHH) (the "Company" or "Choice"), today announced that it is commencing an exchange offer to acquire Wyndham Hotels & Resorts, Inc. (NYSE:WH) ("Wyndham") in order to present its compelling proposal directly to Wyndham shareholders. Choice continues to believe that a transaction with Wyndham is pro-competitive and would generate value for both Wyndham and Choice shareholders as well as deliver significant benefits to franchis
- Wyndham Board Determines New Choice Letter is Step BackwardsChoice Looks to Impose Two Years of Regulatory Limbo and Significant Business Risk on Wyndham Shareholders and Fails to Address Substantial Concerns with Prior Offer Now Valued at $86 PARSIPPANY, N.J., Nov. 21, 2023 /PRNewswire/ -- Wyndham Hotels & Resorts (NYSE:WH) ("Wyndham" or the "Company"), the world's largest hotel franchising company with approximately 9,100 hotels spanning more than 95 countries, today announced that its Board of Directors received a letter from Choice Hotels International, Inc. (NYSE:CHH) ("Choice"), on November 14, 2023. Wyndham's Board of Directors, together with its financial and legal advisors, closely reviewed Choice's letter and determined that it represents a
- WYNDHAM HOTELS & RESORTS DECLARES QUARTERLY CASH DIVIDENDPARSIPPANY, N.J., Nov. 14, 2023 /PRNewswire/ -- Wyndham Hotels & Resorts, Inc. (NYSE:WH) announced today its Board of Directors declared a quarterly cash dividend of $0.35 per share on its common stock, payable December 27, 2023 to shareholders of record as of December 13, 2023. About Wyndham Hotels & ResortsWyndham Hotels & Resorts (NYSE:WH) is the world's largest hotel franchising company by the number of properties, with approximately 9,100 hotels across over 95 countries on six continents. Through its network of approximately 858,000 rooms appealing to the everyday travel
- Wyndham Hotels & Resorts Surpasses 100 Open Hotels in TürkiyeKey openings solidify Wyndham's position as Türkiye's largest international hotel company with plans for further expansion in 2023. ISTANBUL, Sept. 5, 2023 /PRNewswire/ -- Wyndham Hotels & Resorts, the world's largest hotel franchising company with approximately 9,100 hotels spanning more than 95 countries, is further strengthening its position in Türkiye reaching approximately 105 open and operating hotels and a development pipeline of approximately 20 additional properties. The latest openings are part of Wyndham's continued expansion plan in Türkiye, where the company is the largest international hotel group by number of properties.
- Wyndham Grand Enters Poland with Hotel in the Heart of KrakowThe opening of Wyndham Grand Krakow Old Town offers guests a historical escape in one of Europe's most beautiful and culturally rich cities LONDON, Aug. 29, 2023 /PRNewswire/ -- Wyndham Hotels & Resorts, the world's largest hotel franchising company with approximately 9,100 hotels in more than 95 countries, today announced the opening of the 60-room Wyndham Grand Krakow Old Town, the first Wyndham Grand in Poland. The hotel – which will be operated by Dobry Hotel Group, a leading hotel management company in Poland with decades of experience – is housed in a stunning, historic townhouse right in the heart of Krakow Old Town, close to many iconic landmarks like the Cloth Hall, Market Square, S
- WYNDHAM HOTELS & RESORTS DECLARES QUARTERLY CASH DIVIDENDPARSIPPANY, N.J., Aug. 16, 2023 /PRNewswire/ -- Wyndham Hotels & Resorts, Inc. (NYSE:WH) announced today its Board of Directors declared a quarterly cash dividend of $0.35 per share on its common stock, payable September 27, 2023 to shareholders of record as of September 13, 2023. About Wyndham Hotels & ResortsWyndham Hotels & Resorts (NYSE:WH) is the world's largest hotel franchising company by the number of properties, with approximately 9,100 hotels across over 95 countries on six continents. Through its network of approximately 852,000 rooms appealing to the everyday trave
- Wyndham Signs 60 New ECHO Suites Hotels Across the U.S. and CanadaNew multi-unit deals with established developers expand ECHO Suites' presence in Alabama, Iowa, Nebraska and South Dakota while launching the brand in Canada PARSIPPANY, N.J., July 25, 2023 /PRNewswire/ -- Wyndham Hotels & Resorts, the world's largest hotel franchising company with approximately 9,100 hotels across more than 95 countries, today announced 60 new hotels for its rapidly expanding ECHO SuitesSM Extended Stay by Wyndham brand, including what will be the brand's first hotels in Canada. Continuing Wyndham's long-term strategy of signing multi-unit deals with establis
- Wyndham Teams Up with Roadchef to Launch First Super 8 Hotel in the UKSuper 8, the stylish economy brand known for its roadside hotels, expanding global footprint with upcoming opening of Super 8 by Wyndham Chester East LONDON, July 10, 2023 /PRNewswire/ -- Wyndham Hotels & Resorts, the world's largest hotel franchising company with approximately 9,100 hotels spanning more than 95 countries and Roadchef, one of the UK's leading motorway service area operators welcoming 52 million visitors each year, today announced the upcoming opening of Super 8 by Wyndham Chester East, the brand's first entry in the UK. For nearly 50 years, Super 8 by Wyndham
- Wyndham Opens First Trademark Collection Hotel in TürkiyeThe addition of Istanbul New Airport Hotel, Trademark Collection by Wyndham, builds on Wyndham's position as the largest international hotel company in Türkiye ISTANBUL, June 12, 2023 /PRNewswire/ -- Wyndham Hotels & Resorts, the world's largest hotel franchising company with approximately 9,100 hotels spanning more than 95 countries, today announced the opening of the 68-room Istanbul New Airport Hotel, its first Trademark Collection by Wyndham hotel in Türkiye. The newly opened hotel adds to Wyndham's standing as the largest international hotel company in Türkiye with more than 95 hotels open and operating and more than 20 under development.
- Wyndham Celebrates Five Years of Making Hotel Travel Possible for AllWorld's largest hotel franchisor marks five years as a publicly traded, pure-play hotel company; strengthens its position as a select-service leader and champion of the everyday traveler PARSIPPANY, N.J., June 5, 2023 /PRNewswire/ -- Wyndham Hotels & Resorts, the world's largest hotel franchising company with approximately 9,100 hotels spanning more than 95 countries, today celebrates five years as a publicly traded, pure-play hotel company. Grounded in its mission of making hotel travel possible for all with a strong owner-first approach to franchising, the anniversary marks a major milestone for the Company as it strengthens its position as a select service leader and champion of the ever
- Wyndham Launches Registry Collection in Europe with Opening of Ajul Luxury Hotel & Spa ResortLuxury resort on Greece's dazzling Halkidiki peninsula marks latest addition to Wyndham's prestigious portfolio in Europe LONDON, June 1, 2023 /PRNewswire/ -- Wyndham Hotels & Resorts, the world's largest hotel franchising company with approximately 9,100 hotels spanning more than 95 countries, today announced the opening of the Ajul Luxury Hotel & Spa Resort, its first Registry Collection Hotel in Europe. The 171-room, 5-star resort is located in Halkidiki, one of Greece's most sought-after destinations known for its pristine beaches, Mediterranean forests and unique views of the Aegean Sea and Mount Olympus.
- WYNDHAM HOTELS & RESORTS ANNOUNCES SUCCESSFUL COMPLETION OF REFINANCING TRANSACTIONPARSIPPANY, N.J., May 25, 2023 /PRNewswire/ -- Wyndham Hotels & Resorts, Inc. (NYSE: WH) (the "Company") today announced that it successfully completed the refinancing of its previously outstanding Senior Secured Term Loan B Facility due May 2025 (the "Term Loan B due 2025"). The Company closed on a new $1.1 billion Senior Secured Term Loan B Facility (the "New Term Loan B"), which will mature in May 2030. The net proceeds from the New Term Loan B were used to repay all outstanding principal under its Term Loan B due 2025. The New Term Loan B garnered significant investor de
- WYNDHAM HOTELS & RESORTS DECLARES QUARTERLY CASH DIVIDENDPARSIPPANY, N.J., May 9, 2023 /PRNewswire/ -- Wyndham Hotels & Resorts, Inc. (NYSE:WH) announced today its Board of Directors declared a quarterly cash dividend of $0.35 per share on its common stock, payable June 28, 2023 to shareholders of record as of June 14, 2023. About Wyndham Hotels & ResortsWyndham Hotels & Resorts (NYSE:WH) is the world's largest hotel franchising company by the number of properties, with approximately 9,100 hotels across over 95 countries on six continents. Through its network of approximately 845,000 rooms appealing to the everyday traveler, Wyndham
- Wyndham Ramps Up ECHO Development, Pipeline Grows to Over 200 Hotels in Year OneIndustry's fastest-growing brand launch adds new institutional developers PARSIPPANY, N.J., March 21, 2023 /PRNewswire/ -- Wyndham Hotels & Resorts, the world's largest hotel franchising company with approximately 9,100 hotels spanning more than 95 countries, today announced the continued expansion of its innovative ECHO Suites Extended StaySM by Wyndham brand, which in just one year, now has more than 200 hotels in its development pipeline. Rapidly outpacing initial growth expectations, the developer-driven brand caters to the white-hot extended-stay market, which continues t
- WYNDHAM HOTELS & RESORTS DECLARES QUARTERLY CASH DIVIDENDPARSIPPANY, N.J., March 2, 2023 /PRNewswire/ -- Wyndham Hotels & Resorts, Inc. (NYSE:WH) announced today its Board of Directors declared a quarterly cash dividend of $0.35 per share on its common stock, payable March 29, 2023 to shareholders of record as of March 15, 2023. The cash dividend represents a 9% increase from the $0.32 per share quarterly dividend paid during 2022. About Wyndham Hotels & ResortsWyndham Hotels & Resorts (NYSE:WH) is the world's largest hotel franchising company by the number of properties, with approximately 9,100 hotels across over 95 countries on
- Wyndham Celebrates 2022 Milestones and Accomplishments, Sets Sights on Continued Expansion as Demand for Travel Stays SteadfastWorld's largest hotel franchising company well-positioned for future growth following a year in which it added new brands, entered new markets and attracted new, diverse hotel owners PARSIPPANY, N.J., Jan. 23, 2023 /PRNewswire/ -- Wyndham Hotels & Resorts, the world's largest hotel franchising company with approximately 9,100 hotels across more than 95 countries, is setting its sights on continued expansion in 2023, following a banner year that saw the Company cap multiple milestones and accomplishments across the globe. "Last year was an incredible year for the travel industr
- WYNDHAM HOTELS & RESORTS DECLARES QUARTERLY CASH DIVIDENDPARSIPPANY, N.J., Oct. 31, 2022 /PRNewswire/ -- Wyndham Hotels & Resorts, Inc. (NYSE:WH) announced today its Board of Directors declared a quarterly cash dividend of $0.32 per share on its common stock, payable December 28, 2022 to shareholders of record as of December 14, 2022. About Wyndham Hotels & ResortsWyndham Hotels & Resorts (NYSE:WH) is the world's largest hotel franchising company by the number of properties, with approximately 9,100 hotels across over 95 countries on six continents. Through its network of approximately 836,000 rooms appealing to the everyday travele
- WYNDHAM HOTELS & RESORTS DECLARES QUARTERLY CASH DIVIDENDPARSIPPANY, N.J., Aug. 17, 2022 /PRNewswire/ -- Wyndham Hotels & Resorts, Inc. (NYSE:WH) announced today its Board of Directors declared a quarterly cash dividend of $0.32 per share on its common stock, payable September 28, 2022 to shareholders of record as of September 14, 2022. About Wyndham Hotels & ResortsWyndham Hotels & Resorts (NYSE: WH) is the world's largest hotel franchising company by the number of properties, with approximately 9,000 hotels across over 95 countries on six continents. Through its network of approximately 819,000 rooms appealing to the everyday tra
- WYNDHAM HOTELS & RESORTS DECLARES QUARTERLY CASH DIVIDENDPARSIPPANY, N.J., May 11, 2022 /PRNewswire/ -- Wyndham Hotels & Resorts, Inc. (NYSE:WH) announced today its Board of Directors declared a quarterly cash dividend of $0.32 per share on its common stock, payable June 29, 2022 to shareholders of record as of June 15, 2022. About Wyndham Hotels & ResortsWyndham Hotels & Resorts (NYSE: WH) is the world's largest hotel franchising company by the number of properties, with over 8,900 hotels across over 95 countries on six continents. Through its network of over 813,000 rooms appealing to the everyday traveler, Wyndham commands a lea
- WYNDHAM HOTELS & RESORTS DECLARES QUARTERLY CASH DIVIDENDPARSIPPANY, N.J., March 14, 2022 /PRNewswire/ -- Wyndham Hotels & Resorts, Inc. (NYSE:WH) announced today its Board of Directors declared a quarterly cash dividend of $0.32 per share on its common stock, payable March 31, 2022 to shareholders of record as of March 21, 2022. About Wyndham Hotels & Resorts Wyndham Hotels & Resorts (NYSE:WH) is the world's largest hotel franchising company by the number of properties, with approximately 9,000 hotels across approximately 95 countries on six continents. Through its network of over 810,000 rooms appealing to the everyday traveler,