Wyndham Hotels & Resorts Archives

Enhancements to the Company’s group booking platform bring real-time visibility, simplified coordination and centralized management to planners and hotels alike—at no additional cost

PARSIPPANY, N.J. (February 26, 2026) – Wyndham Hotels & Resorts is elevating the group travel experience with new enhancements to its direct booking platform (groups.wyndhamhotels.com), introducing real-time visibility, customizable booking tools and centralized management designed to simplify how group stays are planned and managed. Powered by Groups360 and its GroupSync Housing platform, the upgraded offering allows planners to manage bookings end-to-end—from reservation to check-in—while helping hotels improve efficiency and drive stronger group performance.

The move addresses one of the most persistent challenges in group travel: the manual, fragmented work that happens after a booking is made. By bringing booking, tracking and guest management into a single, connected experience, Wyndham is helping to reduce administrative complexity for planners, improve conversion and visibility for hotels and make it easier for groups of all kinds—from weddings and reunions to youth sports and corporate travel—to coordinate their stays.

“Group travel should be simple. By extending our digital capabilities beyond the initial transaction, Wyndham is creating a more connected, end-to-end experience for planners—helping drive conversion, improve visibility and ease the operational burden on hotel teams. Whether it’s a wedding, a family reunion, a youth sport event, a team off-site or even project-based infrastructure work, we’re making it easier than ever to do group business with Wyndham and our franchisees.”

– Angie Gadwood, Senior Vice President, Sales, Wyndham Hotels & Resorts

Everything Planners Need, All in One Place
Built as part of Wyndham’s ongoing commitment to smarter, more intuitive travel solutions, Wyndham’s enhancements to its group bookings platform bring everything into one centralized place, affording planners added clarity and confidence while helping hotels achieve stronger room‑block performance and higher group conversion. Key features include:

Real-Time Booking Dashboard
Planners can see who’s booked, track progress, and make updates instantly—everything is managed in one place, reducing the need for spreadsheets or back-and-forth with hotel teams.

Customizable Wyndham‑Branded Booking Page
Each group gets a fully personalized booking page, giving guests a seamless, one‑link experience with no logins or promo codes.

Instant Group Rates & Wyndham Rewards® Points
Guests can automatically see and book at the group rate—no promo codes or special instructions needed—and can earn Wyndham Rewards points on qualifying stays.

Direct Integration with Hotel Systems
All bookings sync seamlessly with hotel systems, reducing the need for individual coordination or front-desk calls while keeping reservations accurate.

Flexible Early Arrival & Late Departure (Shoulder Nights)
Guests can extend their stay before or after the main event, giving planners fewer exceptions to manage and hotels more opportunity to capture revenue

Expanding Access for the Groups That Travel Most
Beyond enhancements to its group booking platform, Wyndham has also expanded how it sources group demand, meeting planners where they already are. Through strategic partnerships with leading third-party group travel platforms such as EventPipe, EventConnect and Staybook—widely used by youth sports tournaments, scholastic organizations and large-scale events to manage team travel—Wyndham is helping connect franchisees to high-volume, repeat group business.

These platforms serve as centralized hubs where tournament directors, event organizers and travel planners coordinate lodging for dozens, sometimes hundreds, of teams and attendees at a time. By integrating with them, Wyndham is making its hotels more visible and accessible within the booking workflows these groups already rely on, helping drive incremental demand, increase occupancy and reduce the need for manual sourcing at the property level.

The approach reflects the next phase of Wyndham’s broader sales strategy and builds on initiatives like Wyndham Business, Wyndham Rewards Business and Wyndham Direct—all designed to remove friction, modernize workflows and make it easier to do business with Wyndham across every customer segment. From group booking technology and system-to-system integrations to simplified billing, payments and rewards, Wyndham continues to invest in a more connected commercial ecosystem that helps deliver value for planners, guests and franchisees alike.

“Everything we’re building is designed around one simple goal: making it easier for people to do business with Wyndham. For planners, that means faster booking, better visibility, and less manual work. For franchisees, it’s the opportunity for smarter demand capture, stronger conversion, and technology that helps them operate more efficiently. These investments are another important step in creating a modern commercial ecosystem where everyone benefits.”

– Brian Krail, Group Vice President, Commercial Ops & Sales Strategy, Wyndham Hotels & Resorts

Wyndham’s latest enhancements to its group booking platform come at no additional cost to planners or franchisees and build on the Company’s existing relationship with Groups360, which in 2023, introduced instant online booking for group travel across thousands of hotels by Wyndham, reducing reliance on the traditional RFP model.

For a limited time, planners can save 15% off standard rates on instant group bookings of 10+ rooms. To qualify, stays must be booked by March 17, 2026 and completed by December 30, 2026. Terms and conditions apply. To learn more or to book, visit groups.wyndhamhotels.com.

About Wyndham Business
Designed for businesses of all sizes, Wyndham Business is a comprehensive suite of tools and resources that help business owners and their employees simplify and make the most of their travel. Anchored by Wyndham Rewards® Business, a B2B extension of Wyndham’s top-rated rewards program known for both its simplicity and generosity, the program offers rich savings and rewards, streamlined billing, membership upgrades, easy point management and more. Together, these benefits reflect Wyndham’s broader strategy to modernize how businesses book, manage, and optimize travel as part of the Company’s ongoing evolution in global sales and distribution, bringing digital booking, rewards, and billing solutions together to create a more connected, end-to-end commercial ecosystem. Learn more at WyndhamBusiness.com.

Company increases quarterly dividend by 5% and provides full-year 2026 outlook

PARSIPPANY, N.J. (February 18, 2026) – Wyndham Hotels & Resorts (NYSE: WH) today announced results for the three months and year ended December 31, 2025. Highlights include:

System-wide rooms grew 4% year-over-year.
Awarded 870 development contracts globally in 2025, an increase of 18% year-over-year and an all-time high.
Development pipeline grew 3% year-over-year and 1% sequentially to a record 259,000 rooms.
Ancillary revenues increased 15% on a full-year basis – achieving an all-time high.
Full-year 2025 diluted EPS decreased 31% to $2.50 from $61 primarily reflecting non-cash impairment and other-related charges; however, adjusted diluted EPS increased 6% to $4.58, or approximately 6% on a comparable basis.
Full-year 2025 net income decreased 33% to $193 million from $289 million primarily reflecting non-cash impairment and other-related charges; however, adjusted net income increased 2% to $353 million, or approximately 2% on a comparable basis.
Full-year 2025 adjusted EBITDA increased 3% to $718 million, or 4% on a comparable basis – in line with the Company’s expectations.
Net cash provided by operating activities of $367 million and adjusted free cash flow of $433
Returned $393million to shareholders for the full-year through $266 million of share repurchases and quarterly cash dividends of $41 per share.
Board of Directors recently authorized a 5% increase in the quarterly cash dividend to $0.43 per share beginning with the dividend expected to be declared in the first quarter 2026.

“Our teams around the world opened a record 72,000 rooms, delivered 4% global net room growth and grew our global development pipeline to a record 259,000 rooms,” said Geoff Ballotti, president and chief executive officer. “Despite continued negative U.S. RevPAR pressure, we grew full-year comparable-basis adjusted EBITDA and adjusted EPS in 2025 by 4% and 6%, respectively, generated adjusted free cash flow of more than $430 million and returned nearly $400 million to shareholders. As demand trends improve and RevPAR stabilizes, we remain confident in our long-term strategy while creating compounding value for franchisees, guests and shareholders.”

Reporting Methodology
Beginning in the second quarter of 2025, the Company revised its reporting methodology to exclude the impact of all rooms under the Super 8 China master license agreement from its reported system size, RevPAR and royalty rate, and corresponding growth metrics. The Company’s financial results will continue to reflect fees due from the Super 8 master licensee in China, which contributed approximately $2 million to the Company’s full-year 2025 consolidated adjusted EBITDA.

System Size and Development

The Company’s global system grew 4%, including 1% growth in the U.S. and 7% growth in the Company’s higher RevPAR EMEA and Latin America regions.

As of December 31, 2025, the Company’s global development pipeline increased 3% vs. prior-year to a record-high level of approximately 2,200 hotels and 259,000 rooms. Key highlights include:

3% pipeline growth in both the U.S. and internationally
Approximately 70% of the pipeline is in the midscale and above segments, which grew 3% year-over-year
Approximately 17% of the pipeline is in the extended stay segment
Approximately 42% of the pipeline is in the U.S.
Approximately 77% of the pipeline is new construction and approximately 36% of these projects have broken ground; rooms under construction grew 3% year-over-year

RevPAR

RevPAR Chart

Fourth quarter global RevPAR decreased 6% in constant currency compared to 2024, reflecting declines of 8% in the U.S. and 1% internationally.

In the U.S., fourth quarter results included approximately 140 basis points of unfavorable hurricane impacts; excluding which, RevPAR declined approximately 610 basis points year-over-year reflecting a 360 basis-point reduction in occupancy and a 250 basis-point decline in ADR. Softer results in Florida, Texas and California were partially offset by continued strength across the Midwest.

Internationally, constant currency growth of 7% in EMEA and 6% in Latin America, each reflected both improved demand and pricing power, while growth of 1% in Canada was driven by pricing power, partially offset by lower demand. The growth in those regions was more than offset by softness in Asia Pacific, including China where RevPAR declined 10%.

For the full-year, global RevPAR decreased 3% in constant currency compared to 2024, in line with the Company’s outlook, reflecting a 4% decline in the U.S. and flat growth internationally. U.S. results reflected a 270 basis-point reduction in occupancy and a 120 basis-point decline in ADR.

Operating Results

Fourth Quarter
The comparability of the Company’s fourth quarter results is impacted by marketing fund variability. The Company’s reported results and comparable-basis results (adjusted to neutralize these impacts) are presented below to enhance transparency and provide a better understanding of the results of the Company’s ongoing operations.

Fourth Quarter Chart

Fee-related and other revenues were $334 million compared to $341 million in the fourth quarter of 2024, reflecting a 5% decline in RevPAR and lower other franchise fees, partially offset by a 19% increase in ancillary revenue and global net room growth of 4%.
The Company generated a net loss of $60 million compared to net income of $85 million in the fourth quarter of 2024, reflecting impairment and other-related costs, lower adjusted EBITDA and higher interest expense. Adjusted net income was $71 million compared to $82 million in the fourth quarter of 2024.
Adjusted EBITDA decreased 2% to $165 million compared to $168million in the fourth quarter of 2024. This decrease included a $7 million unfavorable impact from expected marketing fund variability, excluding which adjusted EBITDA grew 2% on a comparable basis. This growth primarily reflects increased ancillary revenues and cost containment measures, including both operational efficiencies and one-time variable reductions, partially offset by lower royalties and franchise fees and elevated costs associated with insurance, litigation defense and employee benefits – all of which are reflective of the broader operating environment.
The Company generated diluted loss per share of $0.80 compared to diluted earnings per share of $1.08 in the fourth quarter of 2024, which primarily reflects lower net income, partially offset by the benefit of a lower share count due to share repurchase activity.
Adjusted diluted EPS decreased 11% to $0.93 compared to $1.04 in the fourth quarter of 2024. This decrease included an unfavorable impact of $07 per share related to marketing fund variability (after estimated taxes). On a comparable basis, adjusted diluted EPS decreased approximately 4% year-over-year primarily reflecting a higher effective tax rate, as expected, as well as higher interest expense, partially offset by comparable adjusted EBITDA growth and the benefit of share repurchase activity.

Full-Year
The comparability of the Company’s full-year 2025 results is impacted by marketing fund variability. The Company’s reported results and comparable-basis results (adjusted to neutralize these impacts) are presented below to enhance transparency and provide a better understanding of the results of the Company’s ongoing operations.

Full Year Chart

Fee-related and other revenues grew 2% to $1.43 billion compared to $1.40 billion in full-year 2024 which reflects a 15% increase in ancillary revenues, higher pass-through revenues due to the Company’s global franchisee conference and a 4% increase in global net room growth, partially offset by a 3% decline in RevPAR.
Net income decreased 33% to $193 million compared to $289 million in full-year 2024, reflecting higher impairment and other-related costs, higher interest expense and the absence of a benefit in connection with the reversal of a spin-off related matter, which were partially offset by higher adjusted EBITDA and lower transaction-related expenses in connection with defending an unsuccessful hostile takeover attempt. Adjusted net income was $353 million compared to $347 million in full-year 2024.
Adjusted EBITDA grew 3% to $718 million compared to $694million in full-year 2024. This increase included a $2 million unfavorable impact, as expected, from marketing fund variability, excluding which adjusted EBITDA grew 4% on a comparable basis, primarily reflecting higher revenues and cost containment measures, including both operational efficiencies and one-time variable reductions, which were partially offset by lower royalties and franchise fees, along with elevated costs associated with insurance, litigation defense and employee benefits – all of which are reflective of the broader operating environment.
Diluted earnings per share decreased 31% to $2.50 compared to $3.61 in full-year 2024, which primarily reflects lower net income, partially offset by the benefit of a lower share count due to share repurchase activity.
Adjusted diluted EPS grew 6% to $4.58 compared to $4.33 in full-year 2024. This increase included an unfavorable impact of $0.02 per share, as expected, related to marketing fund variability (after estimated taxes). On a comparable basis, adjusted diluted EPS increased approximately 6% year-over-year reflecting comparable adjusted EBITDA growth and the benefit of share repurchase activity, partially offset by higher interest expense.

Full reconciliations of GAAP results to the Company’s non-GAAP adjusted measures for all reported periods appear in the tables to this press release.

Balance Sheet and Liquidity
The Company generated $367 million of net cash provided by operating activities and $433 million of adjusted free cash flow in 2025. The Company ended the quarter with a cash balance of $64 million and $840 million in total liquidity.

The Company’s net debt leverage ratio was 3.5 times at December 31, 2025, at the midpoint of the Company’s 3 to 4 times stated target range and in line with expectations.

Share Repurchases and Dividends
During the fourth quarter, the Company repurchased approximately 0.6 million shares of its common stock for $43 million. For the full-year 2025, the Company repurchased approximately 3.1 million shares of its common stock for $266 million.

The Company paid common stock dividends of $31 million, or $0.41 per share, during the fourth quarter 2025 for a total of $127 million, or $1.64 per share, for the full-year 2025.

For the full-year 2025, the Company returned $393 million to shareholders through share repurchases and quarterly cash dividends.

The Company’s Board of Directors recently authorized a 5% increase in the quarterly cash dividend to $0.43 per share, beginning with the dividend expected to be declared in first quarter 2026.

Impairment and Other Charges
During the preparation of its year-end 2025 financial statements, the Company learned that a large European franchisee, Revo Hospitality Group (“Revo”) has filed for insolvency proceedings under self-administration for most of its operating entities.

As a result, the Company has evaluated the recoverability of the carrying value of assets associated with Revo as of December 31, 2025 and has recorded charges of $74 million within operating expenses and $48 million within impairment on the Consolidated Statements of Income (Loss) to reflect the net realizable value on the Company’s balance sheet.

Additionally, as a result of Revo’s insolvency proceedings and in the process of performing its quantitative assessments for impairment on its intangible assets, the Company determined that a portion of its Vienna House trademark and related-franchise agreements were impaired. Accordingly, the Company recorded impairment charges totaling $38 million to reduce the carrying value of those assets to their estimated fair values.

Starting in the fourth quarter of 2025, the Company began deferring all revenues related to Revo due to uncertainty around collectability. These revenues will continue to accrue and will only be recognized as revenues following a period after which collections from Revo are deemed probable. The table below includes information about revenue recognition related to Revo for the periods presented:

Revo Chart

Outlook
The Company provided the following outlook for full-year 2026:

Outlook Chart

The Company expects marketing fund revenues to roughly equal expenses during full-year 2026 though seasonality of spend will affect the quarterly comparisons throughout the year.

More detailed projections are available in Table 8 of this press release. The Company is providing certain financial metrics only on a non-GAAP basis because, without unreasonable efforts, it is unable to predict with reasonable certainty the occurrence or amount of all of the adjustments or other potential adjustments that may arise in the future during the forward-looking period, which can be dependent on future events that may not be reliably predicted. Based on past reported results, where one or more of these items have been applicable, such excluded items could be material, individually or in the aggregate, to the reported results.

Conference Call Information
Wyndham Hotels will hold a conference call with investors to discuss the Company’s results and outlook on Thursday, February 19, 2026 at 8:00 a.m. ET. Listeners can access the webcast live through the Company’s website at https://investor.wyndhamhotels.com. The conference call may also be accessed by dialing 800 343-4136 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 beginning at noon ET on February 19, 2026. A telephone replay will be available for approximately ten days beginning at noon ET on February 19, 2026 at 800 839-1320.

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. The Company uses these measures internally to assess its operating performance, both absolutely and in comparison to other companies, and to make day to day operating decisions, including in the evaluation of selected compensation decisions. 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 by the number of franchised properties, with over 8,300 hotels across approximately 100 countries on six continents. Through its network of approximately 869,000 franchised and affiliated 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 25 hotel brands, including Super 8®, Days Inn®, Ramada®, Microtel®, La Quinta®, Baymont®, Wingate®, AmericInn®, ECHO Suites®, Registry Collection Hotels®, Trademark Collection® and Wyndham®. The Company’s award-winning Wyndham Rewards loyalty program offers over 122 million enrolled members the opportunity to redeem points at thousands of hotels, vacation club resorts and vacation rentals globally. For more information, visit https://investor.wyndhamhotels.com. The Company may use its website and social media channels as means of disclosing material non-public information and for complying with its disclosure obligations under Regulation FD. Disclosures of this nature will be included on the Company’s website in the Investors section, which can currently be accessed at https://investor.wyndhamhotels.com or on the Company’s social media channels, including the Company’s LinkedIn account which can currently be accessed at https://www.linkedin.com/company/wyndhamhotels. Accordingly, investors should monitor this section of the Company’s website and the Company’s social media channels in addition to following the Company’s press releases, filings submitted with the Securities and Exchange Commission and any public conference calls or webcasts.

Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the federal securities laws, including statements related to Wyndham’s 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 and restructuring charges. Forward-looking statements are any statements other than statements of historical fact, including those that convey management’s expectations as to the future based on plans, estimates and projections at the time Wyndham makes the statements and may be identified by words such as “will,” “expect,” “believe,” “plan,” “anticipate,” “predict,” “intend,” “goal,” “future,” “forward,” “remain,” “confident,” “outlook,” “guidance,” “target,” “objective,” “estimate,” “projection” and similar words or expressions, including the negative version of such words and expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Wyndham to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. 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, including inflation, higher interest rates and potential recessionary pressures, which may impact decisions by consumers and businesses to use travel accommodations; global trade disputes, including with China; the performance of the financial and credit markets; the economic environment for the hospitality industry; operating risks associated with the hotel franchising business; Wyndham’s relationships with franchisees; the ability of franchisees to pay back loans owed to Wyndham; the impact of prior or any future impairment charges related to the credit Wyndham extends to its franchisees; the impact of war, terrorist activity, political instability or political strife; global or regional health crises or pandemics including the resulting impact on Wyndham’s business, operations, financial results, cash flows and liquidity, as well as the impact on its franchisees, guests and team members, the hospitality industry and overall demand for and restrictions on travel; Wyndham’s ability to satisfy obligations and agreements under its outstanding indebtedness, including the payment of principal and interest and compliance with the covenants thereunder; risks related to Wyndham’s ability to obtain financing and the terms of such financing, including access to liquidity and capital; and Wyndham’s ability to make or pay, plans for and the timing and amount of any future share repurchases and/or dividends, as well as the risks described in Wyndham’s 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. These risks and uncertainties are not the only ones Wyndham may face and additional risks may arise or become material in the future. Wyndham undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, subsequent events or otherwise, except as required by law.

Owners and developers embrace AI’s next phase while optimism, brand loyalty and expansion plans remain at the forefront amid evolving market conditions

PARSIPPANY, N.J. (January 26, 2026) — Artificial intelligence has rapidly shifted from an emerging concept to a business imperative for hotel owners—and now the focus is on adopting AI at scale. Findings from Wyndham Hotels & Resorts’ newly released, second-annual, Owner Trends Report show the industry has reached an AI inflection point: hotel owners and developers are embracing AI but are increasingly in need of greater guidance on how to convert early adoption into long-term returns.

Drawn from a comprehensive survey of hundreds of hotel owners and property developers across the U.S., Canada and the Caribbean and representing a broad cross-section of the lodging industry across multiple brands and hotel companies, non-exclusive to Wyndham, the findings also reveal continued confidence in hospitality’s long-term outlook, despite mounting pressure from rising costs, economic uncertainty and operational complexity. Amid these trends, owners are looking to established brands for reliable guidance, proven technology and long-term partnerships, especially as AI becomes an ever more integral part of hotel operations.

“Artificial intelligence is rapidly reshaping hospitality—opening new opportunities while adding fresh layers of complexity. With years of early and significant foundational investment, Wyndham is well positioned to help hoteliers navigate this evolving landscape, offering not only the guidance they seek but also proven, scalable platforms that make it easier to apply AI where it matters most, helping turn innovation into real revenue, greater efficiency and stronger returns.”

– Scott Strickland, Chief Commercial Officer, Wyndham Hotels & Resorts

AI at Crossroads: Transforming Interest into Impact
Nearly all hotel owners (98%) say they have begun incorporating AI into their business, signaling that broad adoption of AI in hospitality is already here. While enthusiasm is high, execution remains uneven, with less than a third (32%) saying AI is embedded across most aspects of their operations and nearly three-quarters (73%) wanting to do more but feeling overwhelmed and unsure where to start.

AI Is Already Delivering Operational Value
Of those owners and developers who have already adopted AI in some form, the common uses are for driving operational efficiency (64%), energy efficiency (54%) and revenue optimization (53%)—all areas with a direct impact on profitability.
Untapped Opportunities in Design and Construction
Asked about their plans for 2026, hoteliers most commonly (61%) want to see AI play a larger role in construction planning (e.g. assisting with permitting and zoning) followed by revenue optimization (30%).

The Vital Role of Brands as AI Reshapes Operations
As AI adoption accelerates and hotel operations grow more complex, owners and developers continue turning to brands as strategic partners to help vet, integrate and support best-in-class technology solutions. Nearly nine in ten hoteliers (89%) say working with a hotel brand is beneficial when it comes to incorporating AI into their business with more than a third (34%) deeming it essential.

Perceived Barriers
Asked to cite the top three factors keeping them from adopting more AI, hoteliers most commonly cite data privacy and security concerns (46%), costs of investing in AI tools (42%) and difficulty integrating AI with legacy systems and technology (40%).
Not Yet Ready to Fully Let Go
When it comes to AI making business decisions, hoteliers are mixed in their views of how much human oversight is required. Only two-in-five (40%) are comfortable with AI making operating decisions without human oversight while 57% require human oversight to be comfortable.

Beyond AI: Continued Optimism with Plans for Growth
Despite ongoing economic shifts and other pressures, hoteliers are entering 2026 with continued confidence in both the short and long-term trajectory of the industry—echoing similar sentiments shared in Wyndham’s first Owner Trends Report last year. The vast majority (90%) say they’re optimistic about 2026 while an even higher number, 95%, are optimistic about the next five years.

Expansion Remains on the Agenda
Nearly 8-in-10 hoteliers (79%) are planning to expand their portfolio over the next 5 years, a number virtually unchanged from last year’s report, while 97% say they are open to joining or switching brands if the right opportunity presents itself.

Loyalty as a Foundational Advantage
Nearly two-thirds of hoteliers (65%) say a strong loyalty program is of great importance to their success, while top obstacles include operating costs, talent shortages and rising competition.

Investing in the Guest Experience
When it comes to investing capital, nearly a quarter of hoteliers (24%) will be prioritizing increased staffing in 2026, while others plan to invest in property improvements (20%), sales and marketing improvements (20%), technology investments (19%) and enhanced amenities (17%)—suggesting that even amid economic uncertainty, owners continue to prioritize service and the guest experience alongside operational efficiency and marketing.

“This year’s report shows once again the overwhelming confidence hoteliers have in the long-term resiliency and proven ROI of our industry. The results also underscore improving market conditions, with 61% of hoteliers seeing easier financing and a near even split when it comes to interest in new construction versus conversion opportunities. Taken together, the findings point to a market where Wyndham’s scale, experience and platforms help create a real advantage, supporting owners’ growth decisions while driving value through every phase of the cycle.”

– Amit Sripathi, Chief Development Officer, Wyndham Hotels & Resorts

Embedding AI into The Wyndham Advantage
As AI reshapes the hospitality landscape, Wyndham is helping set the pace, turning innovation into real, measurable results for franchisees. Through solutions like Wyndham Connect, the Company’s industry-leading guest engagement platform, and Wyndham Connect PLUS, an advanced version of the platform with expanded capabilities, hotels are embedding AI across nearly every stage of the guest journey—from automated messaging and mobile check-in to dynamic upsells, voice assistance and more. To date, more than 5,000 hotels have adopted Wyndham Connect, logging nearly 12 million guest interactions, with the average hotel on Wyndham Connect PLUS seeing nearly 200 bps improvement in direct voice conversion and 400 bps in overall guest satisfaction.

Beyond guest engagement, Wyndham continues to leverage both new and existing partnerships with leading technology providers—such as Google, Amazon and others—to strengthen hotel visibility across traditional digital channels as well as the rapidly evolving world of AI-powered search. In doing so, the company is helping franchisees stay ahead of shifting consumer behavior, with the goal of capturing demand wherever and however guests choose to book, both today and in the future.

Together, these efforts reinforce The Wyndham Advantage, Wyndham’s comprehensive franchisee value proposition uniting marketing, technology, global distribution, revenue management and operational support into a fully integrated ecosystem built around owner success. Fueled by more than $375 million in technology investments since 2018 and strengthened by Wyndham Rewards, the industry’s #1-rated hotel rewards program as named by readers of USA Today, it gives franchisees the scale, tools and confidence to help compete more effectively, innovate faster and build lasting long-term value in an increasingly complex hospitality marketplace.

Wyndham’s second annual Owner Trends Report is available for download here. For more information, including franchising opportunities, visit www.wyndhamdevelopment.com.

Survey Methodology
Managed by Wakefield Research, the Wyndham Survey was conducted among 325 Hotel Owners & Hotel Property Developers across multiple brands and companies, non-exclusive to Wyndham, with minimum seniority of VP+, in the United States, Canada, and the Caribbean, between November 24th and December 4th, 2025, using an email invitation and an online survey. Results of any sample are subject to sampling variation. The magnitude of the variation is measurable and is affected by the number of interviews and the level of the percentages expressing the results. For the interviews conducted in this particular study, the chances are 95 in 100 that a survey result does not vary, plus or minus, by more than 6.2 percentage points for the total data, 6.9 percentage for the U.S., 9.8 for Canada, and 19.6 percentage points for the Caribbean, from the result that would be obtained if interviews had been conducted with all persons in the universe represented by the sample.

Welcomes four new entertainment-driven destinations; Flagship Durant property debuts as newest Wyndham Grand with additional resorts joining Trademark Collection by Wyndham

PARSIPPANY, N.J. & DURANT, Okla. (Jan. 22, 2026) – Wyndham Hotels & Resorts, the world’s largest hotel franchising company, today unveiled an expansion of its upscale and lifestyle offerings through a new multi-hotel deal with the Choctaw Nation of Oklahoma. The agreement brings four Choctaw Casino & Resorts properties, representing nearly 2,000 rooms, into the Wyndham portfolio. Led by Choctaw’s flagship resort, Choctaw Casino & Resort–Durant, now part of the Wyndham Grand portfolio, three additional properties join Wyndham’s globally recognized Trademark Collection by Wyndham brand, with the Choctaw Nation retaining ownership and management of all four resorts.

The deal comes as regional gaming destinations continue surging in popularity with travelers nationwide. According to the latest research from the American Gaming Association, more than half of Americans participated in some form of gaming in 2024. That same year, tribal gaming generated a record $43.9 billion in revenue nationwide, with Oklahoma ranking among one of the fastest-growing markets.

“This aspirational affiliation represents everything today’s travelers are asking for—exciting destinations, distinctive experiences, and more meaningful ways to connect with the places they love. By welcoming Choctaw’s remarkable casinos and resorts to Wyndham, we’re expanding what our brands and our Wyndham Rewards program can offer, giving more than 120 million enrolled members access to a powerful new collection of entertainment-driven getaways across one of the country’s fastest-growing gaming markets.”

– Geoff Ballotti, President and CEO, Wyndham Hotels & Resorts

“Our agreement with Wyndham Hotels & Resorts represents a meaningful expansion of what the Choctaw brand delivers to our guests and our people. For our customers, it elevates the hospitality experience by combining Choctaw’s signature service, culture, and entertainment with the global recognition, loyalty benefits, and travel network of one of the world’s largest and most respected hotel companies. For Choctaw tribal members, it strengthens long-term economic sustainability—creating new career pathways, professional development opportunities, and reinvestment into tribal programs and communities. It is a strategic step that honors our values while positioning Choctaw for continued growth on a global stage.”

– Chief Gary Batton, Chief of the Choctaw Nation of Oklahoma

An Entertainment Destination, Elevated by Wyndham
Located just 90 minutes north of Dallas, Choctaw Casino & Resort–Durant, a Wyndham Grand, delivers a high-energy escape where world-class entertainment meets laid-back resort living. The expansive property spans more than 1,600 rooms and suites across multiple hotel towers and is anchored by one of the largest gaming floors in the world, featuring more than 7,400 slot machines, 100 table games, and a thriving poker room. Plus, with an award-winning 3,000-seat entertainment venue, over 40 restaurants, bars, and lounges, and a curated collection of six retail shops ensure there’s always something new to discover.

When it’s time to unwind, the resort’s outdoor and wellness offerings take center stage. Guests can retreat to the full-service spa or spend sun-soaked afternoons at a collection of standout pools, from OASIS, an adults-only sanctuary, to AQUA, a three-acre, palm-tree-shaded playground complete with private cabanas, outdoor bars, waterslides, and a splashpad. Families will also find plenty to explore at The District, home to 20 bowling lanes, classic arcade games, and a six-screen cinema while meeting and event planners will appreciate the resort’s 100,000 sq. ft. of state-of-the art conference and event space.

In addition to the Durant flagship, Choctaw’s three additional resort properties join Trademark Collection by Wyndham, including Choctaw Landing Casino & Resort – Hochatown, Choctaw Casino & Resort–Pocola and Choctaw Casino & Resort–Grant. Together, these hotels strengthen Trademark Collection by Wyndham’s already robust Entertainment Collection, which brings together independent hotels in premier gaming and entertainment destinations—from iconic Las Vegas properties to regional casino-linked destinations in Atlantic City, Reno and Biloxi—expanding Wyndham’s ability to serve travelers seeking immersive, experience-led stays through distinctive, locally rooted resorts.

Choctaw Casinos & Resorts maintains a significant presence in the Dallas-Fort Worth metroplex with sponsorships of major league sports, including the Dallas Mavericks, Dallas Stars, Texas Rangers, and as an Official Dallas World Cup 2026 Host City Supporter. The casino brand also has legendary sports icons as ambassadors including football greats Troy Aikman, Emmitt Smith, and Darren Woodson, as well as Texas Rangers and Baseball Hall of Famer Ivan “Pudge” Rodriguez. Choctaw Casino & Resort – Durant is also part of the World Series of Poker tour and hosts multiple million-dollar prize tournaments annually.

Supporting Growth Through the Wyndham Advantage
Wyndham’s deal with the Choctaw Nation is supported by the Wyndham Advantage—a combination of world-class marketing, distribution, and resources designed to help owners grow demand, reach new travelers, and operate more efficiently at scale. Backed by more than $375 million in technology investments since 2018, Choctaw’s resorts gain access to best-in-class tools from industry-leading providers, including next-generation property management systems, revenue management platforms, and centralized sales and marketing support.

All four Choctaw resorts will be rolling out across Wyndham’s various booking channels over the coming weeks. The properties will also be available to members of Wyndham Business, a free-to-join travel program designed for businesses of all sizes combining best-in-class travel management tools with guaranteed discounts as well as exclusive perks courtesy of Wyndham Rewards Business, the B2B extension of Wyndham’s award-winning guest loyalty program.

To learn more about Wyndham’s deal with Choctaw Casinos & Resorts or to book your next stay, visit WyndhamHotels.com.

Photos associated with the above release are available for download here.

About Choctaw Casinos & Resorts
Owned and operated by the Choctaw Nation of Oklahoma, the third-largest Indian Nation in the United States with more than 230,000 tribal members and 13,000 employees. Choctaw Casinos & Resorts feature a variety of gaming, hotel and resort properties throughout southeastern Oklahoma. Locations include Durant, Grant, Pocola, Hochatown, Idabel, Broken Bow, McAlester, and Stringtown. Choctaw Nation opened the 100-room luxury resort, Choctaw Landing in Hochatown, Oklahoma, in 2024. For more information, visit www.ChoctawCasinos.com.

PARSIPPANY, N.J. (November 17, 2025) – Wyndham Hotels & Resorts (NYSE: WH), the world’s largest hotel franchisor, today appointed Alexandra A. Jung to its Board of Directors. Ms. Jung will serve as a member of the Corporate Governance and Audit Committees.

“With vast experience across oceans and corporate sectors, Alex is an experienced business builder and leader with deep global portfolio management, international investment and operational experiences. Her addition to Wyndham’s Board of Directors will help us continue positioning Wyndham for sustained growth as we make hotel travel possible for all.”

– Stephen P. Holmes, Chairman of the Board, Wyndham Hotels & Resorts

With more than 25 years of experience in investment management, Ms. Jung brings knowledge across an array of sectors including hotel and leisure, power, consumer, industrials, transport, energy, healthcare and real estate. She currently serves as Co-Founder and Managing Partner of Amateras Capital & Head of Private Debt Funds and Partner at AEA Investors, a pioneer in the private equity industry.

Previously, Ms. Jung was Partner & Head of European Investments at Oak Hill Advisors in London and New York, where she led the build out of the firm’s European business and portfolio and held global portfolio management roles. During her tenure at Goldman Sachs in New York and London she led investments in the firm’s European Special Situations Group, focused on credit and equity investing in US Transatlantic and European companies.

Ms. Jung currently serves on the board of NVR, Inc., one of America’s leading homebuilders. She is an avid supporter of women in investing and executive leadership and was a founding board member of the Women’s Business Collaborative, which was established to accelerate the advancement of women in the c-suite, board and corporate leadership. She earned a Master of Management from the J.L. Kellogg Graduate School of Management at Northwestern University and a B.A., cum laude, from Bucknell University.

With the appointment of Alexandra Jung, the Wyndham Hotels & Resorts board expands to 9 directors, seven of whom are independent. The other members of Wyndham’s board of directors include:

Stephen P. Holmes, Chairman of the Board; Former Chairman and Chief Executive Officer of Wyndham Worldwide
Geoffrey A. Ballotti, President & Chief Executive Officer, Wyndham Hotels & Resorts
Myra J. Biblowit, Former President of The Breast Cancer Research Foundation
James E. Buckman, Former Vice Chairman of York Capital Management
Bruce B. Churchill, Former President of DIRECTV Latin America
Mukul V. Deoras, President, Asia Pacific Division of Colgate-Palmolive Company and Chairman of Colgate-Palmolive (India) Ltd.
Ronald L. Nelson, Former Chairman and Chief Executive Officer of Avis Budget Group
Pauline D.E. Richards, Former Chief Operating Officer of Trebuchet Group Holdings Ltd

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The most generous hotel rewards program is giving travelers everywhere an early holiday gift: a free status upgrade with extra perks, no matter how nice (or naughty) you’ve been

PARSIPPANY, N.J. (Nov. 12, 2025) – Plug in the lights and cue the smiles. This holiday season, Wyndham Rewards® is teaming up with beloved actress Beverly D’Angelo, forever known for her role as Ellen Griswold in the classic National Lampoon’s Christmas Vacation, to gift Wyndham Rewards members with a complimentary, limited time, one-level status upgrade. Translation? Extra perks sure to make your “holiday road” a little smoother—no station wagon required.

Now through December 31, travelers can visit WyndhamRewards.com/Upgrade to request their one-level membership bump, unlocking perks that only get better the higher you go—think early check-in, late checkout, a preferred room, even suite upgrades. Valid through end of year, it’s the perfect excuse to plan that long-overdue trip to see loved ones, while enjoying some space of your own.

Already a Diamond member? Register and enjoy 5x the points—Wyndham’s biggest multiplier of the year—on all qualified stays completed by December 31. Learn more here, including terms and conditions.

“The holidays are full of joy, cheer and, let’s be honest, a little chaos. Everyone’s merry, everyone’s messy and somehow, someone always ends up sleeping on the couch. That’s where Wyndham Rewards comes in. With more than 20 brands and thousands of hotels, it’s the simple way to stay close to family—without being too close. A real bed, extra perks and a little breathing room? Now that’s how you brighten the season without tripping a breaker.”

– Beverly D’Angelo

Upgraded Status for All
With four distinct levels of membership—Blue, Gold, Platinum, and Diamond—Wyndham Rewards offers some of the most attainable status in the industry, with each level designed to recognize members with added perks. And now, with a complimentary limited-time upgrade, every member can enjoy at least Gold level membership for the holidays, making it easier than ever to get more from their next stay.

Blue – Unlocked upon enrollment, Blue level members immediately get to enjoy the benefits of the industry’s #1 rated rewards program, including a guaranteed 1,000 points with every qualified stay, free Wi-Fi, rollover nights and more.

Gold – Unlocked after just five qualifying-nights, Gold level members receive all the benefits of Blue level membership plus added perks like a preferred room, late checkout and a dedicated member services line. Members also earn 10% more points with every qualified stay.

Platinum – Unlocked after 15 qualifying-nights, Platinum level members receive all the benefits of Gold level membership plus added perks like early check-in and free car rental upgrades at participating locations in the U.S. and Canada with Avis and Budget. Members also earn 15% more points with every qualified stay.

Diamond – Unlocked after 40 qualifying-nights, Diamond level members receive all the benefits of Platinum level membership plus added perks like suite upgrades and a welcome amenity at check-in, where available. Members also earn 20% more points with every qualified stay.

“We all know what travel looks like this time of year—crowded airports, packed cars and family gatherings that always seem to grow by a few unexpected guests. Wyndham is here to help. Whether it’s one night at a Days Inn, a long weekend at a La Quinta, or an all-out, well-deserved splurge at a beautiful Wyndham Grand, this upgrade is our way of reminding travelers that with Wyndham Rewards, every stay shines a little brighter.”

– Mike Shiwdin, GVP, Loyalty and Guest Engagement, Wyndham Hotels & Resorts

Wyndham Rewards holiday upgrade offer is available to all Blue, Gold and Platinum Wyndham Rewards members globally. Those not yet enrolled in the program can join for free at WyndhamRewards.com and then claim their upgrade.

Once claimed, Blue members will automatically be upgraded to Gold, Gold members to Platinum, and Platinum members to Diamond. Upgraded perks and benefits take effect immediately—except for Caesars Rewards® status match benefits, which are excluded from the offer—and apply to stays completed by Dec. 31 offer. Members who take advantage of the limited-time member level upgrade offer are not eligible to register for the 5x points promotion.

Learn more, including full terms and conditions, at WyndhamRewards.com/Upgrade.

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About Wyndham Rewards
Part of Wyndham Hotels & Resorts (NYSE: WH), the world’s largest hotel franchising company, Wyndham Rewards is the #1 hotel rewards program as named by readers of USA TODAY. Members—approximately 121 million enrolled around the world—earn a guaranteed 1,000 points with every qualified stay and can redeem for free nights starting at just 7,500 points. With thousands of hotels, vacation club resorts and vacation rentals globally, no other hotel rewards program is more generous. Join for free at WyndhamRewards.com.

Kurt Albert Appointed Interim CFO

PARSIPPANY, N.J. (Nov. 4, 2025) – 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 a smooth transition.

“Michele has been an invaluable member of the Wyndham team for over 25 years,” said Geoff Ballotti, President and CEO. “Her exceptional financial acumen and strategic vision have helped steer Wyndham through many pivotal moments. The contributions she’s made over the years are countless – from advancing key business priorities to nurturing a world-class finance team. On behalf of the Board and all of Wyndham’s team members, we thank Michele for her dedication and leadership. We wish her every success as she embarks on an exciting new chapter in her career.”

“It’s been a tremendous privilege to build my career at Wyndham, working alongside so many talented team members, leaders and the incredible community of franchisees who bring our brands to life every day,” said Ms. Allen. “Together, we’ve shaped a Company that has thrived through tremendous change, and I’m deeply proud of all we’ve accomplished. As I look ahead to a new challenge, I’ll always be grateful for the relationships that have made this journey so meaningful.”

Mr. Ballotti continued, “Kurt’s appointment as interim CFO underscores the depth and strength of Michele’s team and the caliber of leadership across Wyndham. With more than 15 years as a key member of our finance department, we are confident he is well-equipped to lead our finance organization during this period of transition.”

Mr. Albert has served as Treasurer and Head of Financial Partnerships & Planning since May 2024 and, prior to that, held several leadership positions within the Treasury and Financial Planning & Analysis functions.

In conjunction with this announcement, Wyndham has reaffirmed its full-year 2025 outlook provided in its third-quarter 2025 earnings materials, released on October 22, 2025.

About Wyndham Hotels & Resorts
Wyndham 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. The Company operates a portfolio of 25 hotel brands, including Super 8®, Days Inn®, Ramada®, Microtel®, La Quinta®, Baymont®, Wingate®, AmericInn®, ECHO Suites®, Registry Collection Hotels®, Trademark Collection® and Wyndham®. The Company’s award-winning Wyndham Rewards loyalty program offers approximately 121 million enrolled members the opportunity to redeem points at thousands of hotels, vacation club resorts and vacation rentals globally. For more information, visit https://investor.wyndhamhotels.com. The Company may use its website and social media channels as means of disclosing material non-public information and for complying with its disclosure obligations under Regulation FD. Disclosures of this nature will be included on the Company’s website in the Investors section, which can currently be accessed at https://investor.wyndhamhotels.com or on the Company’s social media channels, including the Company’s LinkedIn account which can currently be accessed at https://www.linkedin.com/company/wyndhamhotels. Accordingly, investors should monitor this section of the Company’s website and the Company’s social media channels in addition to following the Company’s press releases, filings submitted with the Securities and Exchange Commission and any public conference calls or webcasts.

Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the federal securities laws, including statements related to Wyndham’s current views and expectations with respect to its future performance and operations. Forward-looking statements are any statements other than statements of historical fact, including those that convey management’s expectations as to the future based on plans, estimates and projections at the time Wyndham makes the statements and may be identified by words such as “will,” “expect,” “believe,” “plan,” “anticipate,” “predict,” “intend,” “goal,” “future,” “forward,” “remain,” “confident,” “outlook,” “guidance,” “target,” “objective,” “estimate,” “projection” and similar words or expressions, including the negative version of such words and expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Wyndham to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. 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, including inflation, higher interest rates and potential recessionary pressures, which may impact decisions by consumers and businesses to use travel accommodations; global trade disputes, including with China; the performance of the financial and credit markets; the economic environment for the hospitality industry; operating risks associated with the hotel franchising business; Wyndham’s relationships with franchisees; the ability of franchisees to pay back loans owed to Wyndham; the impact of war, terrorist activity, political instability or political strife, including the ongoing conflicts between Russia and Ukraine and conflicts in the Middle East, respectively; global or regional health crises or pandemics including the resulting impact on Wyndham’s business, operations, financial results, cash flows and liquidity, as well as the impact on its franchisees, guests and team members, the hospitality industry and overall demand for and restrictions on travel; Wyndham’s ability to satisfy obligations and agreements under its outstanding indebtedness, including the payment of principal and interest and compliance with the covenants thereunder; risks related to Wyndham’s ability to obtain financing and the terms of such financing, including access to liquidity and capital; and Wyndham’s ability to make or pay, plans for and the timing and amount of any future share repurchases and/or dividends, as well as the risks described in Wyndham’s 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. These risks and uncertainties are not the only ones Wyndham may face and additional risks may arise or become material in the future. Wyndham undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, subsequent events or otherwise, except as required by law.

Company grows system size and record development pipeline each by 4%

PARSIPPANY, N.J. (October 22, 2025) – Wyndham Hotels & Resorts (NYSE: WH) today announced results for the three months ended September 30, 2025. Highlights include:

System-wide rooms grew 4% year-over-year.
Awarded 204 development contracts globally, an increase of 24% year-over-year.
Development pipeline grew 4% year-over-year and 1% sequentially to a record 257,000 rooms.
Ancillary revenues increased 18% compared to third quarter 2024 and 14% on a year-to-date basis.
Diluted earnings per share increased 5% year-over-year to $36; adjusted diluted EPS grew 5% to $1.46, or increased 1% on a comparable basis.
Net income increased 3% year-over-year to $105 million; adjusted net income increased 2% to $112 million, or decreased 2% on a comparable basis.
Adjusted EBITDA increased 2% year-over-year to $213 million, or remained flat on a comparable basis.
Returned $101 million to shareholders through $70 million of share repurchases and quarterly cash dividends of $0.41 per share.

“Our third quarter results once again demonstrate the resilience of our business model and the consistent execution of our teams around the world,” said Geoff Ballotti, president and chief executive officer. “Amid a challenging macro backdrop, we delivered record year-to-date organic room openings, grew our global pipeline to another all-time high, and achieved double-digit growth in ancillary revenues – all while expanding our portfolio with high-quality, FeePAR-accretive hotels. As we continue to focus development on our strongest brands and markets, advance the industry’s leading technology and loyalty platforms and drive meaningful returns to shareholders, we’re positioning Wyndham for sustained growth and value creation well into 2026 and beyond.”

Reporting Methodology
Beginning in the second quarter of 2025, the Company revised its reporting methodology to exclude the impact of all rooms under the Super 8 China master license agreement from its reported system size, RevPAR and royalty rate, and corresponding growth metrics. The Company’s financial results will continue to reflect fees due from the Super 8 master licensee in China, which contributed less than $3 million to the Company’s full-year 2024 consolidated adjusted EBITDA.

System Size and Development
System Size Table
The Company’s global system grew 4% including 2% growth in the higher RevPAR midscale and above segments in the U.S. and 7% growth in the higher RevPAR EMEA and Latin America regions.

On September 30, 2025, the Company’s pipeline consisted of approximately 2,180 hotels and 257,000 rooms, representing another record-high level and a 4% year-over-year increase. Key highlights include:

Awarded 204 new contracts, an increase of 24% year-over-year.
4% pipeline growth in the U.S. and 4% growth internationally
Approximately 70% of the pipeline is in the midscale and above segments, which grew 4% year-over-year
Approximately 17% of the pipeline is in the extended stay segment
Approximately 58% of the pipeline is international
Approximately 75% of the pipeline is new construction and approximately 36% of these projects have broken ground; rooms under construction grew 3% year-over-year

RevPAR
RevPAR Table

Third quarter global RevPAR decreased 5% in constant currency compared to 2024, reflecting declines of 5% in the U.S. and 2% internationally.

In the U.S., RevPAR performance reflected a 300 basis-point reduction in occupancy and a 200 basis-point decline in ADR. Softer results in Texas, Florida and California were partially offset by continued strength across the Midwest.

Internationally, the decrease was primarily driven by Asia Pacific, including China where RevPAR declined 10%, and Latin America, where RevPAR declined 5%. This was partially offset by 4% growth in the EMEA region and 8% growth in Canada, both primarily reflecting pricing power.

Third Quarter Operating Results
The comparability of the Company’s third quarter results is impacted by marketing fund variability. The Company’s reported results and comparable-basis results (adjusted to neutralize these impacts) are presented below to enhance transparency and provide a better understanding of the results of the Company’s ongoing operations.

Operating Results Table

Fee-related and other revenues were $382 million compared to $394 million in third quarter 2024, reflecting a 5% decline in RevPAR and lower other franchise fees, partially offset by an 18% increase in ancillary revenue, royalty rate expansion both domestically and internationally and global net room growth of 4%.
The Company generated net income of $105 million compared to $102 million in third quarter 2024, primarily due to higher adjusted EBITDA, partially offset by higher interest expense. Adjusted net income was $112 million compared to $110 million in third quarter 2024.
Adjusted EBITDA grew 2% to $213 million compared to $208million in third quarter 2024. This increase included a $6 million favorable impact from marketing fund variability, excluding which adjusted EBITDA remained flat on a comparable basis as lower royalties and franchise fees, along with elevated costs associated with insurance, litigation defense and employee benefits – all of which are reflective of the broader operating environment – were more than offset by cost containment measures, including both operational efficiencies and one-time variable reductions.
Diluted earnings per share increased 5% to $36 compared to $1.29 in third quarter 2024. This increase primarily reflects the benefit of a lower share count due to share repurchase activity.
Adjusted diluted EPS grew 5% to $1.46 compared to $1.39 in third quarter 2024. This increase included a favorable impact of $0.06 per share related to marketing fund variability (after estimated taxes). On a comparable basis, adjusted diluted EPS increased 1% year-over-year primarily reflecting the benefit of share repurchase activity, partially offset by higher interest expense.
During third quarter 2025, the Company’s marketing fund revenues exceeded expenses by $18 million; while in third quarter 2024, the Company’s marketing fund revenues exceeded expenses by $12 million, resulting in $6 million of marketing fund variability.

Full reconciliations of GAAP results to the Company’s non-GAAP adjusted measures for all reported periods appear in the tables to this press release.

Balance Sheet and Liquidity
The Company generated $86 million of net cash provided by operating activities and $97 million of free cash flow in third quarter 2025. The Company ended the quarter with a cash balance of $70 million and approximately $540 million in total liquidity.

The Company’s net debt leverage ratio was 3.5 times at September 30, 2025, the midpoint of the Company’s 3 to 4 times stated target range and in line with expectations.

In October 2025, the Company refinanced its $750 million revolving credit facility, extending the maturity from April 2027 to October 2030, increasing capacity by $250 million to $1 billion, and reducing borrowing costs by 35 basis points. All other terms remain similar to the previous facility.

Share Repurchases and Dividends
During the third quarter, the Company repurchased approximately 830,000 shares of its common stock for $70 million. Year-to-date through September 30, the Company repurchased approximately 2.5 million shares of its common stock for $223 million.

The Company paid common stock dividends of $31 million, or $0.41 per share, during the third quarter 2025.

Full-Year 2025 Outlook
The Company is updating its full-year outlook as follows:
Full Year Outlook Table The Company expects marketing fund expenses to exceed revenues by approximately $5 million during full-year 2025, an intentional investment the Company expects to recover in future periods.

Conference Call Information
Wyndham Hotels will hold a conference call with investors to discuss the Company’s results and outlook on Thursday, October 23, 2025 at 8:30 a.m. ET. Listeners can access the webcast live through the Company’s website at https://investor.wyndhamhotels.com. The conference call may also be accessed by dialing 800 343-4136 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 beginning at noon ET on October 23, 2025. A telephone replay will be available for approximately ten days beginning at noon ET on October 23, 2025 at 800 939-8292.

Factors that could cause actual results to differ materially from those in the forward-looking statements include, without limitation, general economic conditions, including inflation, higher interest rates and potential recessionary pressures, which may impact decisions by consumers and businesses to use travel accommodations; global trade disputes, including with China; the performance of the financial and credit markets; the economic environment for the hospitality industry; operating risks associated with the hotel franchising business; Wyndham’s relationships with franchisees; the ability of franchisees to pay back loans owed to Wyndham; the impact of war, terrorist activity, political instability or political strife, including the ongoing conflicts between Russia and Ukraine and conflicts in the Middle East, respectively; global or regional health crises or pandemics including the resulting impact on Wyndham’s business, operations, financial results, cash flows and liquidity, as well as the impact on its franchisees, guests and team members, the hospitality industry and overall demand for and restrictions on travel; Wyndham’s ability to satisfy obligations and agreements under its outstanding indebtedness, including the payment of principal and interest and compliance with the covenants thereunder; risks related to Wyndham’s ability to obtain financing and the terms of such financing, including access to liquidity and capital; and Wyndham’s ability to make or pay, plans for and the timing and amount of any future share repurchases and/or dividends, as well as the risks described in Wyndham’s 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. These risks and uncertainties are not the only ones Wyndham may face and additional risks may arise or become material in the future. Wyndham undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, subsequent events or otherwise, except as required by law.

Wyndham Rewards Insider is your key to more points and perks with expansive travel savings, automatic Gold level status, double-dip points earning and more—all for just $95 a year

PARSIPPANY, N.J. (October 21, 2025) – Wyndham Rewards®, the #1–rated hotel rewards program known for its groundbreaking simplicity and generosity, is once again transforming the loyalty landscape with the launch of Wyndham Rewards Insider℠—a first-of-its-kind travel and entertainment subscription from a major hotel rewards program, designed to pay for itself in as little as one trip.

For just $95 a year, Wyndham Rewards members can now unlock perks like automatic Gold level status, concierge services and the ability to double-dip on points with select partners, all while saving on hotels, flights, car rentals, cruises and more. To receive benefits, members must book through WyndhamRewardsInsider.com.

“The world of travel rewards is changing. People today want more than just points—they want breadth, flexibility and value they can feel across every aspect of their journey. Historically, such benefits were reserved only for the travel elite, off-limits to those without high-fee, premium credit cards. Wyndham Rewards Insider flips that script, putting the power back in the hands of everyday travelers—all for less than the cost of a night out.”

– Scott Strickland, Chief Commercial Officer, Wyndham Hotels & Resorts

More Than Rewards—A Whole New Way to Travel
With Insider, Wyndham Rewards is redefining what a loyalty program can offer. The add-on subscription builds on the program’s award-winning foundation—known for its generous points earning, simple free night redemptions and accessible levels of status—while adding premium-style savings and benefits across nearly every aspect of travel.

Backed by a powerhouse roster of partners, including an all-new collaboration with Ticketmaster, Insider brings added value to everything from weekend getaways and Caribbean cruises to live concerts on the world’s biggest stages.

Among the many benefits of being a Wyndham Rewards Insider:

Hotels by Wyndham
– Savings of 10% or more off standard rates on qualified stays at over 8,000 hotels.
– Automatic upgrade to Wyndham Rewards GOLD level membership.
– Larger points accelerator (earn 50% more points) for Gold, Platinum and Diamond members.

Savings on Flights, Cruises, Car Rentals and More
– Up to 5% on domestic flights.
– Up to 15% on international flights.
– Up to 30% on cruises.
– 10% or more on car rentals.
– Up to 15% on tours and activities.
– Up to 15% on car transfers and limo services.

Entertainment and Lifestyle
– Earn and redeem with Ticketmaster across 50,000+ concerts and live events.
– Exclusive ticket savings at top theme parks and aquariums—including Walt Disney World® Resort, SeaWorld® Orlando, LEGOLAND® California Resort and more.
– White-glove concierge services with access to sought-after concerts and VIP experiences.

In addition, as a Wyndham Rewards Insider, members earn Wyndham Rewards points on nearly everything booked through the platform, while also collecting partner rewards on flights, car rentals and cruises. Hotel stays, tours and activities all earn 10 Wyndham Rewards points per dollar spent, while most other qualified spend earns 1 point per dollar spent, with no cap on earnings. Qualified Ticketmaster purchases earn 2 points per dollar spent, up to 50,000 points annually.

“Bringing Ticketmaster into Wyndham Rewards is a game-changer—turning points into the most unforgettable live experiences across music, sports, theater and more. Add in all the discounts and extra points—not to mention the exclusive perks—across other categories and partners, and the value of Insider becomes undeniable. Whether you travel two nights a year or two hundred, we designed it to be the easiest travel decision you make all year.”

– Mike Shiwdin, GVP, Loyalty and Guest Engagement, Wyndham Hotels & Resorts

A Subscription that Pays for Itself
To celebrate the debut of Wyndham Rewards Insider, new members who sign up between now and the end of the year will receive their first 14 months for the price of 12, plus a 7,500-point bonus—enough for a free night at thousands of Hotels by Wyndham. Add that to the average annual savings across hotels, flights, car rentals, cruises and more and the subscription easily pays for itself year after year.

For example, a family of four booking a five-night all-inclusive stay next month at Wyndham Alltra Samana—with roundtrip airfare, private transfers and a full-day excursion—can save over $850 if booked as a Wyndham Rewards Insider.¹ But the savings don’t stop there, even smaller trips add up. A couple booking a three-night trip to Orlando in January—including a stay at Wyndham Lake Buena Vista, roundtrip airfare, rental car and 3-day park hopper tickets to Walt Disney World® Resort—can save more than $580.²

The Most Generous Hotel Rewards Program
Consistently celebrated for both its simplicity and generosity, Wyndham Rewards continues to stand out in a crowded loyalty landscape by keeping things refreshingly straightforward. Members earn a minimum 1,000 points with every qualified stay, while three simple free night redemption tiers, starting at just 7,500 points per night, help ensure rewards aren’t only easy to earn, but easy to use.

What’s more, the program offers the fastest path to elevated status, kicking in after just five nights of stays, and continues to add new partners and features. Earlier this year, the program introduced Wyndham Rewards Experiences, a new experiential platform powered by some of the world’s most iconic sports and entertainment brands such as Madison Square Garden, Radio City Music Hall and Caesars Rewards. Through Wyndham Rewards Experiences members can turn their points into extraordinary moments, like VIP access to the sold-out Vans Warped Tour.

To learn more about Wyndham Rewards Insider, including how to sign-up as well as full terms and conditions, visit WyndhamRewardsInsider.com. Subscription auto-renews annually and may be easily cancelled via the Wyndham Rewards Insider website or by calling (800) 805-5194 at least one day prior to renewal date. Upon cancellation, members may continue to use benefits through the end of their subscription term.

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About Wyndham Rewards
Part of Wyndham Hotels & Resorts (NYSE: WH), the world’s largest hotel franchising company, Wyndham Rewards is the #1 hotel rewards program as named by readers of USA TODAY. Members—approximately 120 million enrolled around the world—earn a guaranteed 1,000 points with every qualified stay and can redeem for free nights starting at just 7,500 points. With more than 60,000 hotels, vacation club resorts and vacation rentals globally, no other hotel rewards program is more generous. Join for free at WyndhamRewards.com.

¹Example based on rates shopped on October 15, 2025, for a five-night stay at Wyndham Alltra Samana, Dominican Republic, for a family of four in a standard garden view double room. Airfare pricing based on roundtrip economy flights on Air Canada (1-stop) from Los Angeles (LAX) to Punta Cana (PUJ) with private roundtrip third-party airport transfer via SUV. Hotel savings calculated by comparing Wyndham Rewards Insider rates versus standard room rates on WyndhamRewards.com at time of shopping. All other savings calculated by comparing Wyndham Rewards Insider rates to lowest available direct rates with travel partner at time of shopping. Total trip price if booked as a non-Wyndham Rewards Insider: $8,066.88 USD. Total trip price if booked as a Wyndham Rewards Insider: $7,215.53. Rates are subject to change and may vary by travel dates, location and availability.

² Example based on rates shopped on October 15, 2025, for a three-night stay at the Wyndham Lake Buena Vista, Orlando, for two adults in a king lake view room. Airfare pricing based on roundtrip economy flights via American Airlines (direct) from Boston (BOS) to Orlando (MCO). Total hotel savings calculated by comparing Wyndham Rewards Insider rates versus standard room rates on WyndhamRewards.com at time of shopping. All other savings calculated by comparing Wyndham Rewards Insider rates to lowest available direct rates with travel partner at time of shopping. Total trip price if booked as a non-Wyndham Rewards Insider: $4,400.61 USD. Total trip price if booked as a Wyndham Rewards Insider: $3,816.89. Rates are subject to change and may vary by travel dates, location and availability.

Members can now earn up to 5 Wyndham Rewards points per dollar spent at participating U.S. restaurants plus a 1,000-point Welcome Bonus thanks to Dine Out with Wyndham Rewards

PARSIPPANY, N.J. (September 30, 2025) – Wyndham Rewards®, the award-winning loyalty program of Wyndham Hotels & Resorts, today unveiled Dine Out with Wyndham Rewards^SM, a new way for members to earn points every time they eat out. Live now, the program lets members earn up to 5 points per dollar spent on qualified dine-in and takeout purchases at more than 20,000 restaurants across the U.S.

To celebrate the launch, now through the end of the year, Wyndham Rewards members who spend $25 and complete a review of their first dining experience within the first 30 days of sign up will receive 1,000 bonus points. (See here for welcome offer terms.)

“Dining is one of life’s everyday pleasures, and now it’s also one of the easiest ways for our members to get closer to their next getaway. From a quick coffee run to a night out with friends, Dine Out with Wyndham Rewards turns everyday meals into meaningful rewards—helping members earn free nights, access VIP experiences, and enjoy more of what they love.”

– Charmaine Taylor, SVP, Strategic and Financial Partnerships, Wyndham Hotels & Resorts

Getting started with Dine Out with Wyndham Rewards is simple. Members can sign up for free at dineout.wyndhamrewards.com, where they’ll then be asked to link a preferred credit or debit card. From there, members can browse thousands of participating local restaurants and bars, then dine in or order takeout as usual. When members pay with their linked card, they’ll automatically earn up to 5 Wyndham Rewards points for every dollar spent on qualifying purchases, including tax and tip.

Everyday Travel, More Rewarding
The launch of Dine Out with Wyndham Rewards is the latest in a series of new offerings and benefits designed to make travel with Wyndham more rewarding. Earlier this summer, members gained access to Wyndham Rewards Experiences, unlocking the ability to redeem points for VIP concerts, sporting events, and exclusive activities while more recently, a new partnership between Wyndham and Grubhub brought on-demand dining to nearly 6,000 U.S. hotels, complete with six months of complimentary Grubhub+ membership benefits.

Dine Out with Wyndham Rewards is only available in the U.S. and requires a free membership with Wyndham Rewards to unlock benefits. To learn more, including full terms and conditions, visit dineout.wyndhamrewards.com.

ENDS

About Wyndham Rewards
Part of Wyndham Hotels & Resorts (NYSE: WH), the world’s largest hotel franchising company, Wyndham Rewards is the #1 hotel rewards program as named by readers of USA TODAY. Members—approximately 120 million enrolled around the world—earn a guaranteed 1,000 points with every qualified stay and can redeem for free nights starting at just 7,500 points. With more than 60,000 hotels, vacation club resorts and vacation rentals globally, no other hotel rewards program is more generous or offers members more places to stay. Join for free at WyndhamRewards.com.

About Rewards Network
Rewards Network is a leading provider of marketing and financing solutions that helps restaurants attract and retain customers through powerful rewards programs. The company powers some of the largest dining rewards programs in the United States, connecting restaurants with millions of engaged diners through partnerships with many of the largest consumer brands in travel, consumer apps, and financial services. Rewards Network’s unique platform combines data-driven marketing, enterprise quality analytics, customer insights, and flexible funding solutions to help restaurants grow their business. For more information, visit RewardsNetwork.com.

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