We are not aware that any of our hotels have been contacted by the U.S. government to serve as detention facilities. Our number one focus is to serve leisure and business travelers. Hotels are not intended to be detention centers. We are closely monitoring the situation.
Will Host Conference Call and Webcast at 8:30 a.m. ET
PARSIPPANY, N.J., July 3, 2019 – Wyndham Hotels & Resorts (NYSE: WH) announced today that it will report second quarter 2019 results on Thursday, July 25, 2019. Geoff Ballotti, President and Chief Executive Officer, and David Wyshner, Chief Financial Officer, will host a call with investors at 8:30 a.m. ET that morning to discuss the Company’s results and business outlook.
Listeners can access the webcast live through the Company’s website at www.investor.wyndhamhotels.com. The conference call may also be accessed by calling 877 876-9174 and providing the passcode “Wyndham”. Listeners are urged to call at least five minutes prior to the scheduled start time. An archive of this webcast will be available on the website for approximately 90 days beginning at noon ET on July 25, 2019. A telephone replay will be available for approximately ten days beginning at noon ET on July 25, 2019 at 800 283-5758.
About Wyndham Hotels & Resorts
Wyndham Hotels & Resorts (NYSE: WH) is the world’s largest hotel franchising company, with approximately 9,200 hotels across more than 80 countries on six continents. Through its network of approximately 812,000 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 20 hotel brands, including Super 8®, Days Inn®, Ramada®, Microtel Inn & Suites®, La Quinta®, Wingate®, AmericInn®, Hawthorn Suites®, The Trademark Collection®, and Wyndham®. Wyndham Hotels & Resorts is also a leading provider of hotel management services, with more than 400 properties under management. The Company’s award-winning Wyndham Rewards loyalty program offers over 75 million enrolled members the opportunity to redeem points at thousands of hotels, vacation club resorts and vacation rentals globally. For more information, visit www.wyndhamhotels.com.
Guests will receive $0 delivery fees* on all orders delivered through DoorDash to over 3,700 Wyndham locations, while first time DoorDash customers receive an additional $5 off** plus 2,000 bonus Wyndham Rewards points
SAN FRANCISCO (May 2, 2019) – DoorDash, the largest and fastest-growing on-demand destination for door-to-door delivery in more than 4,000 cities in the United States and Canada, and Wyndham Rewards®, the award-winning rewards program of Wyndham Hotels & Resorts (NYSE: WH), have launched a new partnership, powering on-property delivery service to more than 3,700 hotels across the nation and offering guests access to DoorDash’s industry-leading selection of restaurants.
Available at more than 3,700 locations and counting, the partnership brings on-demand food access to most of Wyndham’s 20 well-known hotel brands, including household names like Days Inn® by Wyndham, Super 8® by Wyndham and La Quinta® by Wyndham, among others. Hotel guests will have a host of additional benefits like $0 delivery fees*, first-time customer discounts, and more, including special perks for members of Wyndham Rewards. Among the benefits available to guests:
New DoorDash Customers New DoorDash customers can earn $5 off** their first order, in addition to $0 delivery fees, when they order food delivery to any participating hotel through the DoorDash platform with promo code WR5. Wyndham Rewards members who start their order at www.wyndhamrewards.com/doordash will also receive 250 Wyndham Rewards points plus 2,000 bonus points for their first order. (Points are in addition to any points being earned on hotel stays.)
Existing DoorDash Customers All customers staying at participating Wyndham properties will receive $0 delivery fees* on all orders delivered to the hotel through the DoorDash platform, with promo code WRD. To receive $0 delivery fees, customers can order at www.DoorDash.com or download the DoorDash app for Android or iOS. Wyndham Rewards members who start their order at www.wyndhamrewards.com/doordash will also receive 250 Wyndham Rewards points. (Points are in addition to any points being earned on hotel stays.)
“We are thrilled to partner nationwide with Wyndham Rewards, our first partner within the hotel space,” said Matt Rotella, DoorDash’s Head of Corporate Development. “This partnership extends our continued commitment to meeting our customers wherever they are, allowing them to have the same access to great restaurants and fantastic service while traveling.”
“As champions of the everyday traveler, Wyndham is continuously looking for new and innovative ways to enrich the guest experience at our hotels,” said Eliot Hamlisch, senior vice president, Worldwide Loyalty and Partnerships at Wyndham Hotels & Resorts. “With its best-in-class selection of restaurants and a rapidly expanding footprint, DoorDash enables us to provide an unparalleled array of in-room dining options. It’s a huge win for hotels as well as Wyndham Rewards members.”
By partnering with Wyndham Rewards, DoorDash will now be able to bring customers high-quality food and world-class service while they’re on the go. Leading the industry in selection, DoorDash offers delivery from over 310,000 stores on the platform, partnering with ninety percent of the top 100 restaurants that offer delivery, including national favorites like The Cheesecake Factory, Wendy’s and Chipotle.
*$0 Delivery Fee: Valid only for deliveries to participating Wyndham locations. Other fees (including service fee), taxes, and gratuity still apply. All deliveries subject to availability. Must have or create a valid DoorDash account with a valid form of accepted payment on file. Qualifying orders containing alcohol will be charged a $0.01 Delivery Fee. No cash value. Non-transferable. Use promo code WRD to redeem. See full terms and conditions atdasherhelp.doordash.com/offer-terms-conditions.
**$5 Off and $0 Delivery Fee: Valid only for deliveries to participating Wyndham locations. First-time DoorDash users only. Limit one per person. Not valid for the purchase of alcohol. Fees, taxes, and gratuity still apply. All deliveries subject to availability. Must have or create a valid DoorDash account with a valid form of accepted payment on file. No cash value. Non-transferable. Use promo code WR5 to redeem. See full terms and conditions atdasherhelp.doordash.com/offer-terms-conditions.
About DoorDash: DoorDash is a technology company that connects customers with their favorite local and national businesses in over 4,000 cities and all 50 states across the United States and Canada. Founded in 2013, DoorDash empowers merchants to grow their businesses by offering on-demand delivery, data-driven insights, and better in-store efficiency, providing delightful experiences from door to door. DoorDash Drive is the last-mile logistics platform that powers direct delivery for any business. By building the last-mile delivery infrastructure for local cities, DoorDash is bringing communities closer, one doorstep at a time. Read more on the DoorDash blog or at www.doordash.com
About Wyndham Rewards: Recently named the number one hotel rewards program by readers of USA TODAY, Wyndham Rewards® is the world’s most generous rewards program with more than 30,000 hotels, vacation club resorts and vacation rentals worldwide. Designed for the everyday traveler, members earn a guaranteed 1,000 points with every qualified stay and may redeem points for a wide-range of rewards, including free nights at any of more than 9,000 hotels or tens of thousands of vacation club resorts and vacation rentals globally through partnership with Wyndham Destinations (NYSE: WYND) and others. Wyndham Rewards has over 75 million enrolled members around the globe. Join for free today at www.wyndhamrewards.com. You’ve earned this.®
PARSIPPANY, N.J., April 30, 2019 – Wyndham Hotels & Resorts (NYSE: WH) today announced results for the three months ended March 31, 2019. Highlights include:
Revenues increased 55% compared with first quarter 2018, to $468 million.
Net income was $21 million for the first quarter; adjusted net income was $51 million.
Diluted earnings per share were $0.22 and adjusted diluted EPS were $0.52.
Adjusted EBITDA increased 21% compared with the prior-year quarter, to $111
Global RevPAR increased 7% year-over-year, and 1% in constant currency and excluding our 2018 acquisitions and
U.S. RevPAR increased 13% year-over-year, and 1% excluding our 2018 acquisitions and divestitures.
System-wide rooms grew 12% year-over-year, and 3% excluding our 2018 acquisitions and divestitures.
Company re-affirms its previous full-year 2019
“Our first quarter results were consistent with our expectations and included double-digit growth in adjusted EBITDA despite our decision to incur a higher proportion of our 2019 marketing expenses in the early part of the year,” said Geoffrey A. Ballotti, chief executive officer. “We remain enthusiastic about our prospects for growth, the synergies we expect from the La Quinta acquisition, and our leading presence in the economy and midscale segments of the lodging industry.”
Revenues were $468 million, compared with $302 million in the first quarter of 2018. Results reflect $169 million of incremental revenues from La Quinta. Excluding the impact from 2018 acquisitions and divestitures, revenues were consistent with last year in constant currency, primarily due to higher license, royalty and other fees, offset by lower cost-reimbursement revenues.
Net income was $21 million, or $0.22 per diluted share, compared to $39 million, or $0.40 per diluted share, in the first quarter of 2018. Prior-year results predate the Company’s spin-off and the acquisition of La Quinta and therefore included substantially lower separation-related, interest and corporate expenses.
Adjusted net income was $51 million, or $0.52 per diluted share, compared with $55 million, or $0.55 per diluted share, in the first quarter of 2018. First quarter earnings comparisons were impacted by the acquisition of La Quinta, higher interest expense, the timing of marketing expenses and the absence of $4 million of net hurricane-related insurance proceeds received during first quarter 2018. The timing-related increase in marketing expenses alone, measured relative to marketing, reservation and loyalty revenues, reduced first quarter 2019 adjusted net income by $12 million or $0.12 per diluted share. Full reconciliations of GAAP results to our non-GAAP adjusted measures for all reported periods appear in the tables to this press release.
First quarter adjusted EBITDA was $111 million, compared with $92 million in the first quarter of 2018. Management estimates that first quarter results reflect approximately $33 million of adjusted EBITDA from La Quinta. Excluding the impact from 2018 acquisitions and divestitures, adjusted EBITDA decreased 13% in constant currency, primarily due to the timing of marketing expenses, which suppressed growth by 16 percentage points, and the absence of the net hurricane-related insurance proceeds received in first quarter 2018, which suppressed growth by 4 percentage points.
Consistent with the Company’s expectations, first quarter adjusted EBITDA represented 18% of the Company’s projected full-year adjusted EBITDA.
As of March 31, 2019, the Company’s hotel system consisted of approximately 9,200 properties and approximately 812,000 rooms, a 12% increase compared with the first quarter of 2018. Room count grew 3% year-over-year, excluding our 2018 acquisitions and divestitures. The Company’s development pipeline consisted of 1,400 hotels and approximately 181,000 rooms, a 23% year-over-year room increase, including over 25,000 La Quinta pipeline rooms and the removal of 2,000 Knights Inn pipeline rooms. The Company also increased its pipeline sequentially by 1% compared to fourth quarter 2018. Approximately 54% of the Company’s development pipeline is international and 73% is new construction.
Business Segment Discussion
The following discussion of first quarter operating results focuses on revenue and adjusted EBITDA for each of our segments.
Hotel Franchising
Revenues increased 33% compared to first quarter 2018, including $61 million of incremental revenues from La Quinta. Excluding the impact from 2018 acquisitions and divestitures, revenues increased 4% in constant currency, due to higher license, royalty and other fees. Adjusted EBITDA grew 31% to $113 million, including an estimate of approximately $26 million of adjusted EBITDA from the acquisition of La Quinta. In constant currency and excluding the impact from 2018 acquisitions and divestitures, adjusted EBITDA grew 4%, reflecting the growth in revenues and lower operating expenses, partially offset by the timing of marketing expenses, which reduced adjusted EBITDA by $13 million.
Hotel Management
Revenues increased $98 million compared to the prior-year period, reflecting $108 million of incremental revenues from La Quinta (including $97 million of cost-reimbursement revenues). Excluding the impact from the acquisition of La Quinta, revenues declined $10 million primarily due to lower cost-reimbursement revenues, which have no impact on adjusted EBITDA. Adjusted EBITDA was unchanged compared to the prior-year quarter, reflecting an estimate of approximately $7 million of adjusted EBITDA from La Quinta and the absence of $4 million of net hurricane-related insurance proceeds received in first quarter 2018.
Other Items
Share Repurchases – The Company repurchased approximately 874,000 shares of its common stock for $44 million in the first quarter.
La Quinta Integration – Earlier this month, the Company completed the last major milestones in its integration of La Quinta, migrating the brand’s more than 900 hotels to Wyndham’s outsourced, cloud-based central reservation and property management systems and adding La Quinta to the Wyndham Rewards loyalty program. The Company now estimates that annual synergies from the La Quinta acquisition will be $64 million to $70 million and that it will reach full run-rate synergies in third quarter 2019.
Outlook
The Company is reaffirming the following outlook for full-year 2019:
Revenues of $2.11 billion to $2.16 billion, an increase of 13% to 16%.
Adjusted net income of $301 million to $313
Adjusted EBITDA of $605 million to $620 million, a year-over-year increase of 19% to 22%.
Rooms growth of 2% to 4%.
Organic RevPAR growth of 1% to 3% in constant
The Company increased its outlook for adjusted diluted EPS by two cents, to $3.07 to $3.19, based on an adjusted share count of 98.2 million, which reflects first quarter share repurchases and excludes future repurchases. The Company is providing an outlook for net income, EBITDA and EPS only on a non-GAAP, adjusted basis because it is unable to predict with reasonable certainty the occurrence or amount of potential adjustments that may arise in the future.
Conference Call Information
Wyndham Hotels will hold a conference call with investors to discuss the Company’s results and outlook on Tuesday, April 30, 2019 at 8:30 a.m. ET. Listeners can access the webcast live through the Company’s website at www.investor.wyndhamhotels.com. The conference call may also be accessed by dialing 877 876-9174 and providing the passcode “Wyndham”. Listeners are urged to call at least five minutes prior to the scheduled start time. An archive of this webcast will be available on the website for approximately 90 days beginning at noon ET on April 30, 2019. A telephone replay will be available for approximately ten days beginning at noon ET on April 30, 2019 at 800 374-0934.
Presentation of Financial Information
Financial information discussed in this press release includes non-GAAP measures, which include or exclude certain items. These non-GAAP measures differ from reported GAAP results and are intended to illustrate what management believes are relevant period-over-period comparisons and are helpful to investors as an additional tool for further understanding and assessing the Company’s ongoing operating performance.
Exclusion of items in the Company’s non-GAAP presentation should not be considered an inference that these items are unusual, infrequent or non-recurring. Full reconciliations of GAAP results to the comparable non- GAAP measures for the reported periods appear in the financial tables section of this press release.
About Wyndham Hotels & Resorts
Wyndham Hotels & Resorts (NYSE: WH) is the world’s largest hotel franchising company, with approximately 9,200 hotels across more than 80 countries on six continents. Through its network of approximately 812,000 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 20 hotel brands, including Super 8®, Days Inn®, Ramada®, Microtel Inn & Suites®, La Quinta®, Wingate®, AmericInn®, Hawthorn Suites®, The Trademark Collection®, and Wyndham®. Wyndham Hotels & Resorts is also a leading provider of hotel management services, with more than 400 properties under management. The Company’s award- winning Wyndham Rewards loyalty program offers over 75 million enrolled members the opportunity to redeem points at thousands of hotels, vacation club resorts and vacation rentals globally. For more information, visit www.wyndhamhotels.com.
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include those that convey management’s expectations as to the future based on plans, estimates and projections at the time Wyndham Hotels makes the statements and may be identified by words such as “will,” “expect,” “believe,” “plan,” “anticipate,” “intend,” “goal,” “future,” “outlook,” “guidance,” “target,” “estimate,” “projection” and similar words or expressions, including the negative version of such words and expressions. Forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Wyndham Hotels to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. The forward-looking statements contained in this press release include statements related to Wyndham Hotels’ current views and expectations with respect to its future performance and operations, including revenues, earnings, cash flow and other financial and operating measures, share repurchases and dividends.
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, the performance of financial and credit markets, the economic environment for the hospitality industry, operating risks associated with the hotel franchising and management businesses, the impact of war, terrorist activity or political strife, risks related to our spin-off as a newly independent company, risks related to the acquisition and integration of La Quinta, risks related to our ability to obtain financing and the terms of such financing, and the timing and amount of future share repurchases and dividends, as well as the risks described in Wyndham Hotels’ 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. Except as required by law, Wyndham Hotels undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, subsequent events or otherwise.
World’s largest hotel franchisor brings to life its far-reaching U.S. scale and diverse iconic brands in new spots spanning broadcast and digital channels
Wyndham Hotels & Resorts has launched a new integrated marketing campaign connecting its considerable portfolio of brands and highlighting its multitude of accessible destinations for every travel occasion.Click to Download
Wyndham Hotels & Resorts, the world’s largest hotel franchising company with approximately 9,200 hotels globally including almost 6,400 in the U.S. alone, has launched a new integrated marketing campaign connecting its considerable portfolio of eminent brands – like Super 8 by Wyndham, Days Inn by Wyndham, La Quinta by Wyndham, and Wyndham, all of which are linked by the award-winning Wyndham Rewards loyalty program – and highlighting its multitude of accessible destinations for every travel occasion. This is the Company’s first such campaign since it became a pure-play hotel franchising and hotel management company in June 2018.
Its creative application emphasizes the extensive breadth of the Company’s locations and its family of brand flags across the country, informing travelers they’re likely only about ten minutes away from a hotel by Wyndham no matter where their travels take them, making a great stay closer than they may think.
Conceived in partnership with leading global advertising agency DDB and produced by Stink Films, the U.S. campaign visualizes relatable travel scenarios – from visiting a child at college, to traveling for business, and taking the family on memory-making vacations – which everyday travelers experience.
“With price and proximity being key factors for everyday travelers making hotel decisions, Wyndham’s wide-ranging cache of locations – from economy through upper-upscale accommodations – provide trusted accommodations and a warm Wyndham welcome waiting for travelers wherever they need it, no matter their budget or reason for traveling,” said Lisa Checchio, chief marketing officer, Wyndham Hotels & Resorts. “This campaign represents our continued steadfast mission to make hotel travel possible for all, bringing attention to the significant value and varied offerings Wyndham brings, including the world’s most generous hotel rewards program in Wyndham Rewards.”
Debuting ahead of the busy summer travel season and running into September 2019, Wyndham’s new campaign can be seen on television, online streaming and digital video, video-on-demand, mobile, streaming and terrestrial radio, social media, and digital channels. Top-performing programming includes live sports, morning news, and primetime viewing on popular networks like Food Network, Travel Channel, HGTV, TBS, Comedy Central, and ESPN.
The Power of Unified Brands
Wyndham embarked on its journey to unite its 20 hotel brands more seamlessly one year ago when it announced plans to designate its signature economy and midscale names, like Travelodge, Baymont, Trademark Collection, and Ramada, with the powerful “by Wyndham” hallmark, driving guest trial and awareness and reinforcing the power of Wyndham Rewards.
Wyndham’s research has shown that nearly 45 percent of consumers “feel better” about an endorsed brand, and almost one-third expect a better quality experience. Wyndham had already seen this effect on several of its existing brands that have carried the “by Wyndham” moniker for years, including Wingate by Wyndham and Microtel by Wyndham – two brands recognized by the industry for exceptional quality. For Wingate, the addition of “by Wyndham” in 2007 significantly increased brand awareness, and Microtel experienced a steady increase in RevPAR performance compared to industry.
The endorsement effort also connected the Company’s diverse franchise owners, comprised of more than 5,900 hoteliers around the world, under a common mission and name.
Checchio continued, “By embracing and presenting the combined power of our brands through efforts like this new integrated campaign, we’re validating our commitment to the owners who faithfully partner with us: we’ll continue leveraging the size, scale, and strength of Wyndham to drive increased awareness, familiarity, and consideration for the Company and our brands, with the objective of bringing more guests through hotel doors.”
About Wyndham Hotels & Resorts
Wyndham Hotels & Resorts (NYSE: WH) is the world’s largest hotel franchising company, with approximately 9,200 hotels across more than 80 countries on six continents. Through its network of approximately 810,000 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 20 hotel brands, including Super 8®, Days Inn®, Ramada®, Microtel®®, La Quinta®, Wingate®, AmericInn®, Hawthorn Suites®, The Trademark Collection®, and Wyndham®. Wyndham Hotels & Resorts is also a leading provider of hotel management services, with more than 400 properties under management. The Company’s award-winning Wyndham Rewards loyalty program offers approximately 75 million enrolled members the opportunity to redeem points at tens of thousands of hotels, vacation club resorts and vacation rentals globally. For more information, visit www.wyndhamhotels.com.
Ramada Hotel & Suites by Wyndham Yerevan Marks Wyndham’s Entry into Armenia
The newly opened Ramada Hotel & Suites by Wyndham Yerevan in Armenia’s capital city expands Ramada by Wyndham’s footprint across Europe.Click to Download
With around 870 hotels in over 60 countries, Ramada by Wyndham is one of the most recognised hotel brands in the world. Ramada by Wyndham has a strong presence all across Europe, from the UK, Germany, Portugal, Belgium and Italy, to Greece, Russia, Turkey and many more. The brand’s impressive list of destinations is set to further expand this month, with the opening of Ramada Hotel & Suites by Wyndham Yerevan, in Armenia. Located close to Republic Square, with panoramic views of Mount Ararat and the scenic city centre of Yerevan, the hotel will be the perfect base for travellers ready to explore Armenia’s capital and culture.
Ramada Hotel & Suites by Wyndham Yerevan will boast 202 spacious rooms, four well-equipped and cleverly designed meeting rooms, a fitness centre, sauna and Hammam, as well as two modern restaurants serving a range of local and international delicacies. Situated just 13km from Zvartnots International Airport, the hotel will be set in an ideal location for travellers who want to sample the best that the city has to offer, including the National Gallery, the History Museum and the Opera and Ballet Theatre of Armenia.
Ramada by Wyndham is part of Wyndham Hotels & Resorts, the hospitality powerhouse with 20 brands and approximately 9,200 hotels in over 80 countries. Ramada Hotel & Suites by Wyndham Yerevan will be Wyndham Hotels & Resorts’ first hotel in Armenia.
Edwin Broers, Regional Vice President for Central and Eastern Europe, Wyndham Hotels & Resorts, said: “Our strategy is bold but simple – we want to ensure that wherever in the world travellers visit, that they are able to find our hotel brands nearby. With a thriving cultural scene and a rich history, Yerevan was a natural choice to enter this attractive country and continue to grow in the region.”
The hotel will be managed by hospitality management expert, City Central LLC under a franchised agreement. Chilingaryan Karen, General Director City Central LLC, added: “We are pleased to be partnering with Wyndham Hotels & Resorts to bring an internationally recognised brand like Ramada to the capital of Armenia. Yerevan is increasingly attracting business and leisure travellers to our country, and Ramada Hotel & Suites by Wyndham Yerevan will be the perfect spot to experience the city.”
Ramada by Wyndham hotels around the world participate in Wyndham Rewards®, the company’s award-winning loyalty programme offering more than 70 million enrolled members the opportunity to redeem points at thousands of hotels, club resorts and vacation rental properties globally.
About Ramada by Wyndham
With approximately 870 hotels in more than 60 countries, global travelers are bound to find Ramada by Wyndham, one of the world’s most recognised hotel brands, wherever their travels take them. Guests choose Ramada to not only sample the world around them but for the brand’s passionate team members and full-service hospitality as well as functional meeting space, comfortable guest rooms, free Wi-Fi, and casual dining options. For more information visit www.ramada.com. Like and follow Ramada on Instagram, Facebook and Twitter.
About Wyndham Hotels & Resorts
Wyndham Hotels & Resorts (NYSE: WH) is the world’s largest hotel franchising company, with approximately 9,200 hotels across more than 80 countries on six continents. Through its network of approximately 810,000 rooms appealing to the everyday traveller, Wyndham commands a leading presence in both the economy and midscale segments of the lodging industry. The Company operates a portfolio of 20 hotel brands, including Super 8®, Days Inn®, Ramada by Wyndham®, Ramada Encore®, TRYP by Wyndham, Hawthorn Suites®, The Trademark Collection®, and Wyndham®. Wyndham Hotels & Resorts is also a leading provider of hotel management services, with more than 400 properties under management. The Company’s award-winning Wyndham Rewards® loyalty programme offers more than 70 million enrolled members the opportunity to redeem points at tens of thousands of hotels, vacation club resorts and vacation rentals globally. For more information, visit www.wyndhamhotels.com or https://whrdevelopmentemea.com/.
Will Host Conference Call and Webcast at 8:30 a.m. ET
PARSIPPANY, N.J., April 5, 2019 /PRNewswire/ — Wyndham Hotels & Resorts (NYSE: WH) announced today that it will report first quarter 2019 results on Tuesday, April 30, 2019. Geoff Ballotti, President and Chief Executive Officer, and David Wyshner, Chief Financial Officer, will host a call with investors at 8:30 a.m. ET that morning to discuss the Company’s results and business outlook.
Listeners can access the webcast live through the Company’s website at www.investor.wyndhamhotels.com. The conference call may also be accessed by calling 877 876-9174 and providing the passcode “Wyndham”. Listeners are urged to call at least five minutes prior to the scheduled start time. An archive of this webcast will be available on the website for approximately 90 days beginning at noon ET on April 30, 2019. A telephone replay will be available for approximately ten days beginning at noon ET on April 30, 2019 at 800 374-0934.
About Wyndham Hotels & Resorts Wyndham Hotels & Resorts (NYSE: WH) is the world’s largest hotel franchising company, with approximately 9,200 hotels across more than 80 countries on six continents. Through its network of approximately 810,000 rooms appealing to the everyday traveler, Wyndham commands a leading presence in both the economy and midscale segments of the lodging industry. The Company operates a portfolio of 20 hotel brands, including Super 8®, Days Inn®, Ramada®, Microtel Inn & Suites®, La Quinta®, Wingate®, AmericInn®, Hawthorn Suites®, The Trademark Collection®, and Wyndham®. Wyndham Hotels & Resorts is also a leading provider of hotel management services, with more than 400 properties under management. The Company’s award-winning Wyndham Rewards loyalty program offers more than 70 million enrolled members the opportunity to redeem points at tens of thousands of hotels, vacation club resorts and vacation rental properties globally. For more information, visit www.wyndhamhotels.com.
Hotel Leader Joins Business Coalition for the Equality Act and Earns Perfect Score as a Best Place to Work for Lesbian, Gay, Bisexual, Transgender and Queer (LGBTQ) Equality
Wyndham Hotels & Resorts team members participate in the 2018 Pride March in New York City. Photo credit: Danny Chin - Omega Photo StudiosClick to Download
PARSIPPANY, N.J. (April 4, 2019) – Wyndham Hotels & Resorts (NYSE: WH) has been recognized for its culture of inclusion by the Human Rights Campaign on the heels of reinforcing its commitment to workplace fairness for lesbian, gay, bisexual, transgender and queer (LGBTQ) team members. Within the same week of joining the Business Coalition for the Equality Act, Wyndham Hotels & Resorts earned a perfect score of 100 as a Best Place to Work for LGBTQ Equality.
“At Wyndham Hotels & Resorts, we are committed to creating an inclusive work environment where all of our team members can thrive,” says Mary Falvey, chief administrative officer, Wyndham Hotels & Resorts. “That’s why last week we raised the bar in ensuring workplace fairness by joining the Business Coalition for the Equality Act. Our pledge put an exclamation point on Wyndham Hotels & Resorts’ welcoming culture that reflects the diversity of our team members, guests, owners and communities around the world.”
On March 26, at the Diversity and Inclusion Conference in Philadelphia, Wyndham Hotels & Resorts joined the Business Coalition for the Equality Act, a group of leading U.S. employers that support the Equality Act, federal legislation that would provide the same basic protections to LGBTQ people as are provided to other protected groups under federal law.
In joining the Business Coalition for the Equality Act, Wyndham Hotels & Resorts reinforced its strong history of diverse and inclusive practices, with full leadership support, to its team members, partners and customers. As part of Wyndham Worldwide, the Human Rights Campaign named the Company as one of the Best Places to Work for LGBTQ Equality nine times with a perfect score of 100.
“For more than ten years, Wyndham has been an employer of choice among the LGBTQ community, and one that encourages team members to bring their whole selves to work,” said Patricia Lee, executive vice president of Global Learning and Development and chief social responsibility officer, Wyndham Hotels & Resorts. “Our recognition as a Best Place to Work shows that we continue to do the right thing in ensuring the environment we’re cultivating is in the spirit of hospitality.”
Recognizing that embracing inclusivity is good business, Wyndham Hotels & Resorts appeals to diverse consumers, cultivating welcoming environments in its hotels, in addition to supporting its team members. An important element of this culture is Pride, an affinity business group dedicated to fostering a culture of acceptance and equality within the Company. With local chapters in several corporate locations, Pride members raise awareness of LGBTQ issues, lead community support activities, and drive a positive impact on business practices and goals.
The 2019 Corporate Equality Index evaluates LGBTQ-related policies and practices including non-discrimination workplace protections, domestic partner benefits, transgender-inclusive health care benefits, competency programs, and public engagement with the LGBTQ community. For more information on the 2019 Corporate Equality Index, or to download a free copy of the report, visit www.hrc.org/cei.
About Wyndham Hotels & Resorts
Wyndham Hotels & Resorts (NYSE: WH) is the world’s largest hotel franchising company, with approximately 9,200 hotels across more than 80 countries on six continents. Through its network of approximately 810,000 rooms appealing to the everyday traveler, Wyndham commands a leading presence in both the economy and midscale segments of the lodging industry. The Company operates a portfolio of 20 hotel brands, including Super 8®, Days Inn®, Ramada®, Microtel Inn & Suites®, La Quinta®, Wingate®, AmericInn®, Hawthorn Suites®, The Trademark Collection®, and Wyndham®. Wyndham Hotels & Resorts is also a leading provider of hotel management services, with more than 400 properties under management. The Company’s award-winning Wyndham Rewards® loyalty program offers more than 70 million enrolled members the opportunity to redeem points at tens of thousands of hotels, vacation club resorts and vacation rentals globally. For more information, visit www.wyndhamhotels.com.
PARSIPPANY, N.J., April 3, 2019 – Wyndham Rewards®, the world’s most generous rewards program, today announced the addition of new program benefits for its more than 70 million enrolled members around the globe—including the introduction of special perks designed exclusively for active and retired U.S. and Canadian military members and their spouses—all while officially welcoming more than 900 La Quinta® hotels to the program’s award-winning portfolio.
Starting today, Wyndham Rewards members can begin taking advantage of the following:
A Faster Way to Free Nights – With the introduction of three distinct redemptions tiers, free nights (go freeSM) now start at just 7,500 points per bedroom per night (half their previous redemption cost) at nearly 3,000 hotels while points + cash award nights (go fastSM) now start at just 1,500 points per bedroom per night, plus some cash.
New Places to Stay – Through the addition of the La Quinta brand, Wyndham Rewards members now have more than 900 new hotels where they can earn and redeem Wyndham Rewards points, including hotels in key destinations like Dallas, Miami, San Francisco, Seattle and Toronto, to name just a few.
New Benefits for Military Members – U.S. and Canadian military members (active, reserve, veteran or retired status) and their spouses now receive a complimentary upgrade to Gold level membership along with 1,000 bonus points on their first qualifying night. These benefits are in addition to existing discounts of 12 percent or more off the Best Available Rate at participating Wyndham Rewards hotels. (Note: Wyndham Rewards membership is not required to take advantage of the discount.)
“We’re incredibly excited about what these enhancements mean for our members, as they’re a direct response to what they told us they value most,” said Eliot Hamlisch, senior vice president of worldwide loyalty and partnerships at Wyndham Hotels & Resorts. “As champions of the everyday traveler, our goal is to deliver a simple, generous program that offers rich, meaningful rewards alongside one of the largest, most diverse redemption portfolios in the world.”
Earn on Everyday Purchases, Redeem for Incredible Rewards
In addition to the above benefits, starting today, members can take advantage of new and expanded partners making it easier than ever to earn and redeem points outside of hotel stays. Whether it’s shopping for a new spring jacket or filling up at the pump, Wyndham Rewards is encouraging members to go for itSM, making the most of everyday purchases, earning and redeeming points toward incredible rewards. Among the many ways members will be able to earn and redeem:
Shopping – Earn up to 10 points per dollar spent when shopping online through WyndhamRewards.com with select retailers, including popular brands like Target®, Apple® and Home Depot®. Plus, redeem points for merchandise, gift cards, air travel, car rentals and more.
Gas – Earn points at Marathon branded gas stations on fuel and select in-store purchases, including 2 points per gallon of gas with MakeItCount™, Marathon’s fuel rewards program. Also save 5 CentsOff® on every gallon, everyday. Plus, redeem points for fuel discount rewards starting at as few as 3,000 points.
Coming in the next few weeks:
Tours and Experiences – Earn up to 10 points per dollar spent when booking tours and experiences online through WyndhamRewards.com with Viator and redeem points for tours and experiences starting at around 1,500 points.
Food Delivery – Earn 250 points with every DoorDash order placed through wyndhamrewards.com. Plus, new DoorDash customers can earn 2,000 bonus points on their first order.
To learn more about the above Wyndham Rewards enhancements, including full details on new ways to earn and redeem, visit www.wyndhamrewards.com. A complete listing of Wyndham Rewards hotels, along with their newly assigned redemption tiers, is available at www.wyndhamrewards.com/locations.
About Wyndham Rewards Recently named the number one hotel rewards program by readers of USA TODAY, Wyndham Rewards® is the world’s most generous rewards program with more than 30,000 hotels, vacation club resorts and vacation rentals worldwide. Designed for the everyday traveler, members earn a guaranteed 1,000 points with every qualified stay and may redeem points for a wide-range of rewards, including free nights at any of more than 9,000 hotels or tens of thousands of vacation club resorts and vacation rentals globally through partnership with Wyndham Destinations (NYSE: WYND) and others. Join for free today at www.wyndhamrewards.com. You’ve earned this.®
About Wyndham Hotels & Resorts
Wyndham Hotels & Resorts (NYSE: WH) is the world’s largest hotel franchising company, with approximately 9,200 hotels across more than 80 countries on six continents. Through its network of approximately 810,000 rooms appealing to the everyday traveler, Wyndham commands a leading presence in both the economy and midscale segments of the lodging industry. The Company operates a portfolio of 20 hotel brands, including Super 8®, Days Inn®, Ramada®, Microtel®, La Quinta®, Wingate®, AmericInn®, Hawthorn Suites®, The Trademark Collection®, and Wyndham®. Wyndham Hotels & Resorts is also a leading provider of hotel management services, with more than 400 properties under management. The Company’s award-winning Wyndham Rewards® loyalty program offers more than 70 million enrolled members the opportunity to redeem points at tens of thousands of hotels, vacation club resorts and vacation rentals globally. For more information, visit www.wyndhamhotels.com.
New openings bolster brand’s offerings in key cities from East to West
La Quinta by Wyndham added eight new hotels to its brand family in the fourth quarter of 2018, closing the year with nearly 30 new additions.Click to Download
PARSIPPANY, N.J.(March 6, 2019) – Wyndham Hotels & Resorts, the world’s largest hotel franchisor with approximately 9,200 hotels and 20 iconic brands, continued strengthening its bench of La Quinta by Wyndham destinations in key U.S. markets with eight new openings in the fourth quarter of 2018. The latest additions culminated a strong year of growth for the brand which saw nearly 30 new hotels – anchored by 16 new construction locations – join the La Quinta family.
The newly built hotels in Waco and Richmond, Texas, and Greensboro, N.C.; and transformational conversions in Jamestown, N.Y.; Raleigh, N.C.; Aurora, Colo.; Seattle, Wash.; and Madera, Calif., widened La Quinta’s presence in the U.S., bringing its footprint to just under 900 hotels nationwide.
The newly opened La Quinta hotels all embody elements of the brand’s guest-inspired, owner-friendly Del Sol prototype design, which combines clean geometric lines, bold colors, and varying textures with iconic brand elements and guest-centric offerings to enhance the experience while helping maximizing revenue-generating space for hotel developers. Thirty-five Del Sol-designed hotels are currently under construction across the U.S., with 43 already open and operating.
Wyndham made additional strides in furthering La Quinta’s expansion by executing 14 franchise agreements between October 1 and December 31, 2018, all but one of which were new construction deals. New construction development is a major force behind the brand’s growth trajectory, accounting for 91 percent of the 261 hotels in its pipeline as of December 31, 2018.
The brand’s steady openings rate through the back half of 2018 is testament to Wyndham’s strategic efforts to expand the brand in key markets throughout the U.S. with high quality hotels that drive a consistent portfolio. Seventeen hotels – equating to more than half of La Quinta’s 2018 additions, and ten of which were newly constructed hotels – opened under the Wyndham umbrella since the Company acquired the brand in May of last year, strengthening the Company’s position as a midscale and upper-midscale lodging leader in the U.S.
“We’re putting our guests, franchisees, and hotel developers first by adding high-caliber hotels in underrepresented markets across the country, growing our footprint to serve their needs while staying true to the elevated quality, service, and performance which have become synonymous with this brand,” said Rajiv Trivedi, president, La Quinta by Wyndham at Wyndham Hotels & Resorts.
“La Quinta’s historically solid reputation and Wyndham’s broad scale and consumer affinity have played significant roles in the brand’s evolution since joining the Wyndham family,” he continued. “The continued onslaught of new openings and new deals demonstrates the ongoing fervent demand for this brand among owners and travelers.”
Like each of its nearly 915 hotels in North and Latin America, La Quinta’s newest additions offer the brand’s signature pillow-top Bright Morning Bed®, free Bright Side Breakfast®, and spacious in-room work areas with ample charging stations. Additional features include comfortable social gathering space in each hotel’s Great Room; a sizable state-of-the-art fitness center; an on-site Bright Side Market®; free high-speed Wi-Fi; and meeting space.
ABOUT LA QUINTA BY WYNDHAM With nearly 915 destinations in North and Latin America, the upper-midscale La Quinta by Wyndham brand is a bright spot in every travelers’ journey. Whether traveling for business or leisure, guests can rest assured, relax, and recharge thanks to the brand’s Bright Morning Bed®, free Bright Side Breakfast®, spacious in-room work areas, and free high-speed internet. For more information, visit www.lq.com. Like and follow La Quinta on Facebook, Twitter, and YouTube. For more information on developing a La Quinta by Wyndham hotel, click here.
ABOUT WYNDHAM HOTELS & RESORTS
Wyndham Hotels & Resorts (NYSE: WH) is the world’s largest hotel franchising company, with approximately 9,200 hotels across more than 80 countries on six continents. Through its network of approximately 810,000 rooms appealing to the everyday traveler, Wyndham commands a leading presence in both the economy and midscale segments of the lodging industry. The Company operates a portfolio of 20 hotel brands, including Super 8®, Days Inn®, Ramada®, Microtel Inn & Suites®, La Quinta®, Wingate®, AmericInn®, Hawthorn Suites®, The Trademark Collection®, and Wyndham®. Wyndham Hotels & Resorts is also a leading provider of hotel management services, with more than 400 properties under management. The Company’s award-winning Wyndham Rewards loyalty program offers approximately 61 million enrolled members the opportunity to redeem points at tens of thousands of hotels, vacation club resorts and vacation rentals globally. For more information, visit www.wyndhamhotels.com.
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