Wyndham Hotels & Resorts Inc

Wyndham Hotels & Resorts, Inc. engages in the franchise and operation of hotels under the Wyndham brand. It operates through the following segments: Hotel Franchising and Hotel Management. The Hotel Franchising segment offers licenses of brand names and associated trademarks to hotel owners under long-term franchise agreements. The Hotel Management segment provides management services. The company was founded in 1990 and is headquartered in Parsippany, NJ.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Wyndham Hotels & Resorts exceeds Q4 expectations, eyes global growth

Wyndham Hotels & Resorts delivered exceptional Q4 results, showcasing strong financial performance and strategic growth initiatives.
The company's focus on brand loyalty, direct bookings, and capital allocation positions it well for sustained success and value creation.
Challenges in U.S. growth and industry trends require strategic adaptation, while opportunities in international markets and infrastructure projects offer avenues for expansion.

Wyndham Hotels & Resorts excels in Q1, eyes growth opportunities

Wyndham Hotels & Resorts delivered a strong Q1 performance with record RevPAR levels and global room growth. Despite challenges in corporate travel exposure, the company's focus on loyalty programs and development pipeline positions it well for future growth.

Wyndham Hotels & Resorts reports robust Q2 performance and eyes international growth opportunities

Wyndham Hotels & Resorts continues to deliver solid financial results, driven by global expansion and a strong focus on franchise business. Challenges include adjusting outlook for share repurchases and higher interest expense, while opportunities lie in international market growth and strategic brand launches.

Wyndham Hotels & Resorts rejects Choice Hotels' offer, reports strong Q3 performance

Wyndham Hotels & Resorts rejected an unsolicited offer from Choice Hotels, emphasizing confidence in their stand-alone plan. Despite concerns over a potential acquisition, the company reported strong Q3 performance and remains focused on delivering value to stakeholders.

Wyndham Hotels reports record EBITDA, faces regulatory hurdles and growth prospects

Wyndham Hotels & Resorts Inc is navigating regulatory challenges and costs while focusing on strategic growth initiatives to drive EBITDA expansion. The company's strong operational performance in 2023 sets a foundation for future growth through global expansion, new brand introductions, and infrastructure-related opportunities.

Wyndham Hotels & Resorts Inc excels in Q1 amidst industry challenges

Wyndham Hotels & Resorts Inc reported a strong Q1 performance with improvements in key metrics and strategic initiatives for growth.
Despite challenges like marketing fund expenses and costs related to a failed takeover attempt, the company remains focused on execution and shareholder value.
Opportunities in the oil and gas markets, upcoming summer travel period, and growth initiatives like Wyndham for Business position Wyndham for continued success.
With a focus on retention rates, brand strength, and operational efficiency, Wyndham is navigating industry challenges and capitalizing on growth prospects.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Wyndham Hotels & Resorts, Inc. engages in the franchise and operation of hotels under the Wyndham brand. It operates through the following segments: Hotel Franchising, Hotel Management, and Corporate and Other. The Hotel Franchising segment focuses on licensing the company’s lodging brands and providing related services to third-party hotel owners and others. The Hotel Management segment provides management services. The company was founded in 1990 and is headquartered in Parsippany, NJ.

Choice Hotels Int.

Choice 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 Board Determines New Choice Letter is Step Backwards

Choice CEO Pat Pacious sought to restart negotiations in a Nov. 14 letter.

Wyndham Rebuffs Latest Takeover Attempt From Choice Hotels

Conquering festive fizzle-out head-on, the Holiday Hype Machine lets co-workers, friends and loved ones send personalized videos to anyone in need of a boost to tackle end-of-year work obligations PARSIPPANY, N.J. , Nov. 13, 2023 /PRNewswire/ -- Last-minute deadlines, performance reviews, unexpected travel—crossing that end-of-year finish line can be tough for any business traveler.

La Quinta Teams Up with Giants Wide Receiver Sterling Shepard to Hype Up Business Travelers this Holiday Season

New Wyndham Grand Ijin Busan offers guests a chic, upscale oceanside escape in the country's second-largest city centre PARSIPPANY, N.J. , Nov. 2, 2023 /PRNewswire/ -- Wyndham Hotels & Resorts, the world's largest hotel franchising company with approximately 9,100 hotels spanning more than 95 countries, announced the opening of Wyndham Grand Ijin Busan.

Wyndham Adds to Strong Asia Pacific Footprint with Debut of Wyndham Grand in South Korea

Caesars Entertainment

For a limited time, save up to 25% off Caesars Entertainment stays booked through Wyndham and earn 2,500 bonus points; plus, for a limited time, transfer up to 100,000 points between both programs at 1:1 PARSIPPANY, N.J. , Nov. 1, 2023 /PRNewswire/ -- Wyndham Rewards® , the world's most generous hotel rewards program spanning more than 50,000 hotels, vacation club resorts and vacation rentals, and Caesars Rewards® , the world's leading gaming and entertainment loyalty program, have launched a new giveaway in which one lucky traveler will win an epic, all-expenses-paid, weekend for two in Las Vegas.

Wyndham and Caesars Entertainment Invite Rewards Members to Hit the Jackpot with the Ultimate Vegas Weekend Giveaway

Wyndham Hotels & Resorts, Inc. (NYSE:WH ) Q3 2023 Earnings Call Transcript October 26, 2023 8:30 AM ET Company Participants Matt Capuzzi - Senior Vice President of Investor Relations Stephen Holmes - Chairman Geoff Ballotti - Chief Executive Officer Michele Allen - Chief Financial Officer Conference Call Participants Joe Greff - JP Morgan David Katz - Jefferies Stephen Grambling - Morgan Stanley Dan Wasiolek - Morningstar Patrick Scholes - Truist Securities Brandt Montour - Barclays Michael Bellisario - Baird Dany Asad - Bank of America Meredith Jensen - HSBC Operator Welcome to the Wyndham Hotels & Resorts Third Quarter 2023 Earnings Conference Call. At this time, all participants have been placed on a listen-only mode, and the floor will be opened for your questions following the presentation.

Wyndham Hotels & Resorts, Inc. (WH) Q3 2023 Earnings Call Transcript

While the top- and bottom-line numbers for Wyndham (WH) give a sense of how the business performed in the quarter ended September 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Compared to Estimates, Wyndham (WH) Q3 Earnings: A Look at Key Metrics

Wyndham Hotels (WH) came out with quarterly earnings of $1.31 per share, beating the Zacks Consensus Estimate of $1.25 per share. This compares to earnings of $1.21 per share a year ago.

Wyndham Hotels (WH) Surpasses Q3 Earnings and Revenue Estimates

Company Raises Full-Year 2023 EPS Outlook Grows Development Pipeline by Another 12% PARSIPPANY, N.J. , Oct. 25, 2023 /PRNewswire/ -- Wyndham Hotels & Resorts (NYSE: WH) today announced results for the three months ended September 30, 2023.

WYNDHAM HOTELS & RESORTS REPORTS THIRD QUARTER 2023 RESULTS

Choice Sees a Clear Path to Completion and Remains Committed to the Transaction Ready to Move Expeditiously to Provide Requisite Transaction Certainty Strongly Urges Wyndham to Return to the Negotiating Table ROCKVILLE, Md. , Oct. 25, 2023 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE: CHH) (the "Company" or "Choice"), today called upon the board of directors of Wyndham Hotels & Resorts, Inc. (NYSE: WH) ("Wyndham") to engage in good faith discussions so that shareholders of both companies can benefit from the compelling combination.

Choice Hotels Calls on Wyndham Hotels & Resorts to Engage in Discussions

Wyndham (WH) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.

Strength Seen in Wyndham (WH): Can Its 9.0% Jump Turn into More Strength?

Choice Hotels International Inc.'s hostile bid for Wyndham Hotels & Restaurants Inc. could result in a potential proxy battle, says Truist Securities.

Choice Hotels' hostile bid for Wyndham Hotels may result in a proxy battle, Truist says

The stock of Wyndham Hotels & Resorts Inc. (WH) rose more than 8% in trading Tuesday after Choice Hotels International Inc. (CHH) proposed to acquire the company with a $90-a-share stock-and-cash deal valued at approximately $7.8 billion. Choice shares fell 5.6% after the news.

Wyndham Shares Soar as Choice Hotels Proposes $7.8 Billion Acquisition Deal

Wyndham rejects the offer, saying it involves significant business and execution risk.

Choice Hotels Unveils $7.8 Billion Takeover Offer For Wyndham

A potential combination would marry Choice Hotels' brands such as Econo Lodge, Quality Inn and Clarion with Wyndham's Days Inn and Travelodge, offering inflation-hit customers a wide choice of affordable hotels.

Wyndham rejects Choice Hotels nearly $8B offer

Wyndham Hotels & Resorts Inc (NYSE: WH) jumped more than 10% today after Choice Hotels International Inc (NYSE: CHH) announced a hostile bid to takeover the world's largest hotel franchiser. Choice CEO discussed the hostile bid on CNBC Choice Hotels has valued the hotel company at $9.

Choice Hotels resorts to a hostile bid to take over Wyndham Hotels

Proposal Presents Unacceptable Risk to Wyndham Shareholders PARSIPPANY, N.J. , Oct. 17, 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, announced that its Board of Directors unanimously rejected a highly conditional, unsolicited stock-and-cash proposal by Choice Hotels International, Inc. (NYSE: CHH) ("Choice") to acquire all outstanding shares of Wyndham.

WYNDHAM BOARD OF DIRECTORS REJECTS UNSOLICITED PROPOSAL FROM CHOICE

Choice Hotels offered to buy Wyndham Hotels and Resorts in a deal worth nearly $10 billion, including debt, after Wyndham walked way from the negotiating table a few weeks ago.

Choice Hotels offers to buy Wyndham in $7.8B hostile bid

Choice Hotels International made another offer to merge with Wyndham. Choice sees a deal driving down costs and accelerating growth for both companies.

Why Wyndham Hotels & Resorts Stock Jumped Today

Wyndham Hotels and Resorts' shares have soared 13% in premarket trading following a nearly $10 billion hostile takeover bid from Choice Hotels International. The move comes after six months of failed negotiations aimed at merging the two companies to form one of the largest budget hotel operators in the United States.

Wyndham Hotels stock jumps 13% premarket as Choice goes hostile

Wyndham Hotels & Resorts (NYSE: WH ) stock is on the rise Tuesday as investors react to news of a takeover bid for the hotel company. Choice Hotels International (NYSE: CHH ) is seeking to acquire Wyndham Hotels & Resorts in a deal worth $9.8 billion when including the company's current debt.

Why Is Wyndham Hotels & Resorts (WH) Stock Up 13% Today?

Wyndham Hotels & Resorts stock surged early Tuesday after rival Choice Hotels offered to buy the company for $90 a share.

Choice Hotels' Bid for Wyndham Hotels Could Shake Up Budget-Hotel Industry

Choice Hotels International Inc. CHH has launched a hostile to acquire Wyndham Hotels & Resorts Inc. WH, sending Wyndham's stock rising 17.7% in premarket trades Tuesday, while Choice shares fell 5.5%. Choice is offering to purchase Wyndham at a price of $90 per share, payable in a mix of cash and stock.

Choice Hotels launches hostile bid to acquire Wyndham Hotels for $90 per share

Represents 26% Premium to 30-Day VWAP ending on October 16, 2023, 11% Premium to 52-Week High, and 30% Premium to Latest Closing Price Significantly Enhances the Return on Investment for Choice and Wyndham Franchisees Provides a Compelling Range of Lodging Options and Price Points Well-Positioned to Serve Evolving Needs of the Value-Driven Traveler Annual Run-Rate Synergies of Approximately $150 Million Anticipated While Accelerating Opportunities for Sustained Long-Term Growth ROCKVILLE, Md. , Oct. 17, 2023 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE: CHH) (the "Company" or "Choice"), today announced a proposal to acquire all the outstanding shares of Wyndham Hotels & Resorts, Inc. (NYSE: WH) ("Wyndham") at a price of $90.00 per share, payable in a mix of cash and stock.

Choice Hotels Proposes to Acquire Wyndham Hotels & Resorts for $90.00 per Share in Cash-and-Stock Transaction

Most of Wyndham Hotels' franchisees rely on community banks to finance the construction of their new hotels. WH is cautious about acquisitions, and it is keen to return excess capital to shareholders via both dividends and buybacks. I maintain my Buy rating for WH, as I think that the company's capital allocation framework is sound, and capital access for franchisees is good.

News for Wyndham Hotels & Resorts Inc Stock (WH)