PARSIPPANY, N.J. – (September 27, 2022) – Wyndham Hotels & Resorts, the world’s largest hotel franchising company with approximately 9,000 hotels across 95+ countries, welcomes the Wyndham Alltra Riviera Nayarit to its new, all-inclusive Wyndham Alltra brand. This comes on the heels of the brand’s debut with Wyndham Alltra Cancun and Wyndham Alltra Playa del Carmen, and further expands the upper midscale all-inclusive resort experience across Mexico. Wyndham Alltra is the Company’s first brand dedicated to the fast-growing all-inclusive segment, and this resort addition continues the strategic alliance between Wyndham Hotels & Resorts and Playa Hotels & Resorts.
Wyndham Alltra Riviera Nayarit is located in Nuevo Vallarta, Mexico, nestled along Mexico’s stunning Pacific coastline and lush tropical jungles at the foot of the soaring Sierra Madres. Nuevo Vallarta sits on Banderas Bay, an area well regarded for its golf courses, marina and long, sandy beach. This 229-room family-friendly all-inclusive resort helps families create unforgettable vacation memories and offers amenities including three pools, a 10,000 square foot spa, 12 restaurants and bars, a Camp Alltra kids club and daily beachfront fitness classes. Spacious suites serve as a home base for the whole family to relish in relaxation and create their dream experience from an extensive selection of activities such as daily group sports, a bike tour of Nuevo Vallarta, chef tastings, scuba diving and deep-sea fishing excursions, and nightly entertainment including theme nights and spectacular shows.
“As the world’s largest hotel franchising company, Wyndham offers experiences to make travel possible for all,” said Gustavo Viescas, Senior Vice President, Latin America and Caribbean Region, at Wyndham Hotels & Resorts. “Wyndham Alltra is an exceptional addition to our collection of brands, and we’ve seen great success working with Playa Hotels & Resorts to curate a stress-free and fun-filled premium travel experience at an affordable price point. We look forward to welcoming guests to this Mexican location.”
The name “Alltra” is born from the brand promise of “All-Inclusive Travel for All,” keeping with Wyndham’s mission of delivering exceptional experiences to the everyday traveler. Wyndham Alltra extends an all-inclusive resort experience that is distinct to the upper-midscale segment, offering upscale food and beverage, services, amenities and activities with an expressive local flavor at an exceptional value.
“Our Wyndham partnership has proven to be very successful,” said Fernando Mulet, Executive Vice President and Chief Investment Officer of Playa Hotels & Resorts. “The Wyndham Alltra Brand is well suited for the Puerto Vallarta destination, and with this third location we look forward to welcoming more families and giving them the opportunity to create unmatched memories to last a lifetime. It is a pleasure to be a part of an alliance that brings families and friends together.”
Wyndham Alltra is designed to make it easier for the everyday traveler to find truly outstanding all-inclusive hotel experiences outside of the segment’s typical upscale and luxury options. This provides an opportunity for hotel developers, owners, and investors to welcome new guests to all-inclusive hotels with unmatched support from Wyndham. The brand invites hoteliers to take advantage of Wyndham’s scale, distribution, services and loyalty program through this new all-inclusive brand.
About Playa Hotels & Resorts N.V. Playa Hotels & Resorts N.V. (NASDAQ: PLYA, “Playa”) is a leading owner, operator and developer of all-inclusive resorts in prime beachfront locations in Mexico, Jamaica and the Dominican Republic. Playa currently owns and/or manages a total portfolio consisting of 22 resorts (8,366 rooms) under the following brands: Hyatt Zilara, Hyatt Ziva, Hilton All-Inclusive, Tapestry Collection by Hilton, Wyndham Alltra, Jewel Resorts and The Luxury Collection. Playa leverages years of all-inclusive resort operating expertise and relationships with globally recognized hospitality brands to provide a best-in-class experience and exceptional value to guests, while building a direct relationship to improve customer acquisition cost and drive repeat business. For more information, please visit www.playaresorts.com.
About Wyndham Alltra Wyndham Alltra is All-Inclusive, All for you. The ultimate carefree vacation awaits with everything you’ve been daydreaming of all in one place. From exciting eats and refreshing cocktails to live entertainment and non-stop activities, picture-perfect beaches to inviting pools, we’ve got something for everyone. It’s the moment you’ve been waiting for. Put on your out of office. Take off to Wyndham Alltra. Book your next stay at www.wyndhamalltra.com or visit www.wyndhamdevelopment.com to learn more about all-inclusive development opportunities.
About Wyndham Hotels & Resort Wyndham Hotels & Resorts (NYSE: WH) is the world’s largest hotel franchising company by the number of properties, with approximately 9,000 hotels across 95+ countries on six continents. Through its network of approximately 819,000 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 23 hotel brands, including Super 8®, Days Inn®, Ramada®, Microtel®, La Quinta®, Baymont®, Wingate®, AmericInn®, Hawthorn Suites®, Trademark Collection® and Wyndham®. The Company’s award-winning Wyndham Rewards® loyalty program offers over 95 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.
Teams with Béné, becoming one the first hotel companies to offer a portfolio-wide, mobile tipping platform
PARSIPPANY, N.J. (September 14, 2022) – Wyndham Hotels & Resorts, the world’s largest hotel franchising company with approximately 9,000 hotels across more than 95 countries, today unveiled a new, portfolio-wide, mobile tipping solution for its U.S. and Canadian franchisees, making it one of the first major hotel companies to do so.
Developed and managed by Béné, a leader in cashless tipping, the platform enables guests to easily tip hotel team members digitally via their preferred mobile device and is now available for adoption by Wyndham franchisees across all brands. It comes as a growing number of consumers adopt and show preference for digital payments, which according to consulting firm McKinsey, 82% of Americans are now using.
“The pandemic dramatically accelerated guest demand for digital payment solutions and that trend will only continue in the coming years,” said Scott Strickland, chief information officer, Wyndham Hotels & Resorts. “Having previously empowered our franchisees to accept digital, contactless payment for stays at their hotels, the next logical step was to find a solution that allows guests to recognize housekeepers, wait staff and other frontline team members in a similar fashion. This platform does exactly that and at virtually no cost to franchisees.”
Once a hotel opts-in and is setup on the Béné platform, guests can easily recognize the team member of their choice by scanning a QR code during their stay and choosing how much they would like to tip. QR codes are unique to each team member and tips are deposited daily either directly into their individual bank accounts or into the property’s account to be distributed with regular payroll. The platform accepts multiple forms of payment, including credit card, Apple Pay® and Google Paytm. Similar to other digital payment services, platform costs are covered by guests via a small transaction fee, leaving franchisees responsible only for basic marketing materials, which they can either order directly from Béné at a minimal cost or create themselves.
Added Strickland, “The beauty of this solution is its simplicity and how easy it is for our franchisees to allow their guests to make the switch from cash to digital. There’s no app to download and no software to install. It’s entirely web-based, which means so long as guests have a phone and an internet connection, they’re able to tip and show their appreciation.”
Wyndham’s push for mobile tipping comes amid the Company’s broader celebrations supporting International Housekeepers & Environmental Services Week, a global initiative sponsored by The Indoor Environmental Healthcare and Hospitality Association (IHEA), dedicated to recognizing the efforts of housekeepers and custodial staff members. Held every year during the second full week of September, Wyndham leadership, along with its franchisees, are spending the week celebrating housekeepers at hotels around globe, making in-person visits while giving away an array of awards and prizes, including millions of Wyndham Rewards points.
“At the heart of every great hotel is a great team of housekeepers,” said Scott LePage, president, Americas, Wyndham Hotels & Resorts. “This week is all about celebrating them and all that they do for both guests as well as our industry. While we invite everyone to join us in showing their thanks this week, our greater hope is that through initiatives like mobile tipping, we can empower guests by making it easier for them to show their appreciation with every stay, no matter the time of year.”
Mobile tipping is the latest initiative as part of Wyndham Hotels & Resorts ongoing, multi-year, digital transformation. Over the past three years, the Company has significantly invested in new technology to enhance the guest experience while delivering best-in-class resources and enhanced operational efficiencies for its franchisees. Earlier this year, it launched Road Trip Planner, an innovative new tool allowing travelers to seamlessly plot, plan and book their ideal road trip via Wyndham’s award-winning mobile app and more recently, debuted RevIQ, a next-generation, cloud-based, mobile-first revenue management system designed to help franchisees optimize their revenue strategies and grow market share.
About Wyndham Hotels & Resorts
Wyndham Hotels & Resorts (NYSE: WH) is the world’s largest hotel franchising company by the number of properties, with approximately 9,000 hotels across over 95 countries on six continents. Through its network of approximately 819,000 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 23 hotel brands, including Super 8®, Days Inn®, Ramada®, Microtel®, La Quinta®, Baymont®, Wingate®, AmericInn®, Hawthorn Suites®, Trademark Collection® and Wyndham®. The Company’s award-winning Wyndham Rewards® loyalty program offers over 95 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.
One lucky at-home fan can win one million Wyndham Rewards points
GREENSBORO, N.C. (August 3, 2021) – Wyndham Rewards®, the world’s most generous rewards program spanning more than 50,000 hotels, vacation club resorts and vacation rentals, returns to Sedgefield Country Club this week as proud title sponsor of the 83rd annual Wyndham Championship, bringing with it the chance for fans at the course and at home to win their share of over 100 million Wyndham Rewards points.
“The Wyndham Championship is one of the most fan-friendly stops on the PGA TOUR, and we want this year’s tournament to be more rewarding than ever before,” said Lisa Checchio, chief marketing officer at Wyndham Hotels & Resorts. “From points for free night giveaways at the tournament to a chance to win one million Wyndham Rewards points just by watching at home, fans this year won’t just be dreaming about getting away with Wyndham, they can actually win the points to do it!”
A Return to Points Paradise Broadcasting on Golf Channel and CBS, this year’s Wyndham Championship will transport fans to a tropical, vacation-themed oasis. Signature course elements like Club Wyndham Beach and the tournament’s iconic sand sculpture are back and joined by fan favorite spots like Margaritaville at the Wyndham, the Wyndham Rewards Earner® Card Club, the USO Patriots Outpost presented by Truist and Heroes Vacation Club and more.
Also back this year is the Wyndham Rewards Points Paradise Pavilion. Thursday through Sunday, fans are invited to participate in a four-day interactive digital scavenger hunt that will have them searching course grounds for Wyndham Rewards branded QR codes. Using their mobile phones, fans will scan each code they find, unlocking Wyndham Rewards points along the way. The more codes they scan, the more points they’ll unlock—up to a four-day total of 15,000 points—enough for a weekend away at thousands of Hotels by Wyndham. Kids are invited to play as well for a chance to win instant prizes.
At-home fans in the U.S. can also get in on the fun by participating in this year’s watch and win experience, earning up to 3,000 points—enough for a discounted hotel stay at thousands of hotels—with a chance to win the grand prize: one million Wyndham Rewards points. To play, all fans need to do is tune into the tournament Saturday on CBS and keep an eye out for one of three larger-than-life, road-trip themed, sand sculptures. Upon spotting any one of the sculptures, they should head to WyndhamRewards.com, where they can click on the Points Paradise banner and indicate on which hole they spotted the sculpture. The first 5,000 at-home fans to log on and answer correctly will earn 3,000 Wyndham Rewards points while one-lucky fan will be randomly selected to win one million Wyndham Rewards points. No purchase is necessary to enter or win.
Millions of points will be available to claim for both of the above activations and fans must be members of Wyndham Rewards, which is free-to-join, to claim any earned rewards. Wyndham Rewards points will be distributed approximately 7-10 days post tournament and must be claimed by October 31, 2022. For more details on both of the above activations, including full terms and conditions, visit www.wynpointsparadise.com.
Two Leading Travel Companies, One Award-Winning Rewards Program The proud title sponsor of the Wyndham Championship since 2018, Wyndham Rewards is the blue thread that ties together the global portfolios of two of the world’s largest travel companies: Wyndham Hotels & Resorts, the world’s largest hotel franchising company and Wyndham Destinations, the world’s largest vacation ownership business, part of Travel + Leisure Co.
Consistently recognized by readers of USA TODAY as the number one hotel rewards program, no matter where or how you travel, Wyndham Rewards helps make those travels more rewarding. Members earn a guaranteed 1,000 points with every qualified stay and can redeem points towards free nights at tens of thousands of hotels, vacation club resorts and vacation rentals around the world or a host of other rewards like tours, activities, gas discounts, gift cards, shopping and more.
Wyndham Championship Fore! Good Creating positive impact in the community is a hallmark of the Wyndham Championship, and Wyndham Championship Fore! Good—the tournament’s signature philanthropic platform—helps give back to worthy causes in central North Carolina and beyond.
This year, in support of Wyndham Championship Fore! Good, when a PGA TOUR golfer makes birdie or better on the 15th, 16th or 17th hole during the third and fourth rounds on Saturday and Sunday, Wyndham Rewards will donate $500 to one of the Championship’s signature charities via “Birdies Fore Backpacks.” In addition, Thursday through Sunday, should a PGA TOUR golfer make a hole-in-one on the par-3 16th hole, Wyndham Rewards will donate an additional 250,000 Wyndham Rewards points to all four signature charities, for a combined total of one million Wyndham Rewards points.
Through Birdies Fore Backpacks, Wyndham Rewards works with local organizations—Backpack Beginnings, Forsyth Backpacks, Out of the Garden Project and United Way of Greater High Point—to help feed children from low-income families around the Piedmont Triad region of North Carolina. Backpacks are packed with nutritionally-sound meals, which families take home every weekend. Just $5 can feed one child for a weekend while $150 can feed a child for a school year. Since its creation in 2014, the program has provided more than 750,000 meals to thousands of local families.
The Wyndham Championship runs through Sunday, Aug. 7. Teachers, first responders and members of the military are invited to attend for free along with a guest after submitting proper registration. To learn more, or to purchase tickets, visit www.wyndhamchampionship.com.
About the Wyndham Championship
Contested annually on the Donald Ross-designed course at Sedgefield Country Club in Greensboro, N.C., the Wyndham Championship was founded in 1938 and is the sixth-oldest event on the PGA TOUR excluding the Majors. The tournament thanks title sponsor Wyndham Rewards and presenting sponsor Truist for their continued support. Additional tournament information is available at www.wyndhamchampionship.com and the tournament’s social media channels, including the Wyndham Championship Facebook page, Twitter and Instagram.
About Wyndham Rewards
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 50,000 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 range of rewards, including free nights at approximately 9,000 hotels or tens of thousands of vacation club resorts and vacation rentals globally through affiliation with Wyndham Destinations and others. Wyndham Rewards has over 95 million enrolled members around the globe. 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 by the number of properties, with approximately 9,000 hotels across over 95 countries on six continents. Through its network of approximately 819,000 rooms appealing to the everyday traveler, Wyndham commands a leading presence in the economy and midscale segments of the lodging industry. The Company operates a portfolio of 22 hotel brands, including Super 8®, Days Inn®, Ramada®, Microtel®, La Quinta®, Baymont®, Wingate®, AmericInn®, Hawthorn Suites®, Trademark Collection® and Wyndham®. The Company’s award-winning Wyndham Rewards® loyalty program offers over 95 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.
About Wyndham Destinations Wyndham Destinations is the world’s largest vacation ownership business with more than 245 vacation club resorts around the world that offer a contemporary take on the timeshare model. The brand portfolio — featuring Club Wyndham®, WorldMark® by Wyndham, Margaritaville Vacation Club® by Wyndham, and Shell Vacations Club — offers travelers the chance to own their vacation and explore places they’ve never visited before, year after year. More than 830,000 owners enjoy stays in a home away from home, featuring spacious suites with separate bedrooms, fully equipped kitchens, living and dining areas, as well as resort-style amenities and services. Wyndham Destinations is part of Travel + Leisure Co. (NYSE: TNL). Learn more at WyndhamDestinations.com.
Greensboro’s AAA Four-Diamond award-winning golf resort selects Wyndham Grand as its global sales and marketing partner; Joins Wyndham Rewards, the #1 hotel loyalty program
PARSIPPANY, N.J. (August 2, 2022) – Wyndham Hotels & Resorts, the world’s largest hotel franchising company with approximately 9,000 hotels across 95+ countries, today announced the expansion of its flagship Wyndham Grand® brand, adding Greensboro’s award-winning Grandover Resort & Spa to its growing global portfolio.
Named one of North Carolina’s Best Golf Hotels by U.S. News & World Report and ranked Greensboro’s No. 1 Resort by TripAdvisor, Grandover Resort & Spa, a Wyndham Grand Hotel, offers guests a sophisticated and secluded retreat just minutes from the heart of downtown Greensboro. Nestled on 1,600 wooded acres, the 244-room resort features two 18-hole championship golf courses, a world-class spa, tennis courts, fitness center, fine dining and more than 45,000 sq. ft. of flexible meeting space. The resort is also the official host hotel of this week’s Wyndham Championship, the sixth-oldest event on the PGA TOUR, excluding the majors.
“Grandover Resort & Spa is a spectacular property that masterfully captures the essence of what makes every stay with Wyndham Grand so special,” said Jurgen Schafers, Wyndham Grand group vice president and brand leader. “Elevated yet approachable, personable yet polished, it caters to travelers with welcoming, tailored experiences that allow them to make the most of every moment. It’s a tremendous addition to the Wyndham Grand brand and one we know guests, particularly those with a passion for golf, are absolutely going to love.”
Guests of Grandover Resort & Spa, a Wyndham Grand Hotel, will begin seeing nods to the hotel’s new brand affiliation starting today with full integration into Wyndham’s award-winning loyalty program, Wyndham Rewards®, expected later this Fall. Once integrated, guests will be able to earn points on qualified resort stays and redeem for free nights or a wide-array of other rewards. Wyndham Rewards has the distinction of having more free night redemption options than any other major hotel rewards program, offering stays at over 50,000 hotels, vacation club resorts and vacation rentals globally.
Through its affiliation with Wyndham Grand, Grandover will also become the newest hotel to join The Meetings Collection, Wyndham’s curated collection of hotels and resorts in highly sought-after meetings destinations across the U.S. Elevating Wyndham’s support of meeting planners, The Meetings Collection delivers a simple, streamlined way for organizers to source and book exceptional resorts, all while receiving competitive rates and generous rewards.
“As a proud partner of the Wyndham Championship, this move is a natural evolution of Grandover’s longstanding relationship with Wyndham,” said Kelly Harrill, executive vice president of Hospitality at Koury Corporation. “Wyndham is known the world over not only for its iconic brands but what is arguably one of the most compelling rewards programs in our industry today. Being able to tap into the program’s more than 95 million enrolled members, as well as best-in-class technology, sales and distribution platforms, all while maintaining the individuality, character and charm that is the Grandover, made the decision to align with Wyndham Grand an easy one.”
As a Wyndham Grand hotel, Grandover Resort & Spa joins an exclusive and growing brand portfolio of nearly 70 upper-upscale hotels located in some of the most sought-after destinations around the world, including Shanghai, Istanbul, Doha, Salzburg and Orlando. Approachable by design, hotels are known for the spectacular locales, striking architecture and intuitive service. Learn more and book your next stay at www.wyndhamgrand.com.
Additional photos associated with the above release can be downloaded here.
About Grandover Resort & Spa, a Wyndham Grand Hotel Nestled on 1,600 wooded acres, Grandover Resort & Spa, a Wyndham Grand Hotel, is one of North Carolina’s premier golf destinations and Greensboro’s first-ever AAA Four-Diamond Award hotel. Offering 244-rooms, including five luxurious suites, the resort is just minutes from downtown Greensboro and features two 18-hole championship golf courses, a world-class spa, tennis courts, fitness center, fine dining and more than 45,000 sq. ft. of flexible meeting space. The resort is the centerpiece of Grandover, a multi-experience community developed and managed by family-owned Koury Corporation offering shopping, dining and recreation as well as business and residential spaces. For more information, or to book your next stay, visit www.grandoverresort.com.
About Wyndham Grand Travel is the best excuse to enjoy the grand things in life. With locations in some of the world’s most sought-after vacation destinations – including Shanghai, Istanbul, Doha, Salzburg and Orlando – Wyndham Grand® hotels transform ordinary moments into unforgettable experiences. Approachable by design, Wyndham Grand helps travelers make every moment count. Book your next escape at www.wyndhamgrand.com. You can also like and follow Wyndham Grand on Facebook and Instagram. For hotel development opportunities, visit www.development.wyndham.com.
About Wyndham Hotels & Resorts
Wyndham Hotels & Resorts (NYSE: WH) is the world’s largest hotel franchising company by the number of properties, with approximately 9,000 hotels across over 95 countries on six continents. Through its network of approximately 819,000 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 22 hotel brands, including Super 8®, Days Inn®, Ramada®, Microtel®, La Quinta®, Baymont®, Wingate®, AmericInn®, Hawthorn Suites®, Trademark Collection® and Wyndham®. The Company’s award-winning Wyndham Rewards® loyalty program offers over 95 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.
Company Raises Full-Year 2022 Outlook and Grows Global Development Pipeline by 9% to a Record 208,000 Rooms
PARSIPPANY, N.J., July 26, 2022 – Wyndham Hotels & Resorts (NYSE: WH) today announced results for the three months ended June 30, 2022. Highlights include:
Global RevPAR grew 23% compared to second quarter 2021 in constant currency.
System-wide rooms grew 3% year-over-year, including 2% of growth in the U.S. and 4% of growth internationally.
Hotel Franchising segment revenues grew 18% year-over-year.
Diluted earnings per share of $1.00 and adjusted diluted earnings per share of $1.07.
Net income of $92 million and adjusted net income of $99 million .
Adjusted EBITDA of $175 million.
Year-to-date net cash provided by operating activities of $242 million and free cash flow of $224 million.
Domestic development signings increased 77%, including 22 new construction projects for the Company’s new extended-stay brand, bringing the total number to 72 since launch in March.
Completed the sale of the Wyndham Grand Rio Mar Resort.
Returned $171 million to shareholders through $142 million of share repurchases and a quarterly cash dividend of $0.32 per share.
Company raises full-year 2022 outlook.
“We kicked off our high-demand summer season with the strongest Memorial Day we’ve ever experienced, as guests traveled further, stayed longer and spent more at our hotels than they did pre-pandemic,” said Geoffrey A. Ballotti, president and chief executive officer. “Our business experienced another strong quarter performing above both last year and 2019 as international recovery accelerated and our development teams grew our pipeline to a record level. Our second quarter results once again demonstrated the strength and durability of our business model and we are well on track to deliver on our 2022 commitments.”
Fee-related and other revenues increased 10% year-over-year to $354 million as the impact from the increase of global RevPAR and higher license fees were partially offset by a $21 million impact from the sale of the Company’s owned hotels and the exit of its select-service management business.
The Company generated net income of $92 million, or $1.00 per diluted share, an increase of $24 million, or $0.27 per diluted share, reflecting higher adjusted EBITDA, lower depreciation and amortization expense due to the sale of the Company’s owned hotels and lower expenses associated with the early extinguishment of debt. Adjusted EBITDA increased $7 million, or 4%, versus 2021 to $175 million reflecting the revenue growth, which was partially offset by an $8 million impact from the sale of the Company’s owned hotels and the exit of its select-service management business as well as a $2 million unfavorable timing impact from the marketing fund.
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.
System Size
The Company’s global system grew 3%, reflecting 2% growth in the U.S. and 4% growth internationally. As expected, these increases included strong growth in both the higher RevPAR midscale and above segments in the U.S. and the direct franchising business in China, which grew 7% and 12%, respectively. The Company remains solidly on track with its goal of achieving a retention rate above 95% and its net room growth outlook of 2 to 4% for the full year 2022.
RevPAR
Second quarter RevPAR grew 23% globally in constant currency, including 15% growth in the U.S. and 59% growth internationally. The increase is approximately 80% driven by stronger pricing power and 20% driven by higher occupancy levels.
Business Segment Discussion
Hotel Franchising revenues increased 18% year-over-year to $335 million primarily due to the global RevPAR increase and higher license and other fees. Hotel Franchising adjusted EBITDA increased 11% to $185 million reflecting the growth in revenues, partially offset by a 340 basis point unfavorable timing impact from the marketing fund.
Hotel Management revenues decreased 59% year-over-year to $51 million, including a $53 million decrease in cost-reimbursement revenues, which have no impact on adjusted EBITDA. Absent cost-reimbursements, Hotel Management revenues decreased $19 million, or 50%, to $19 million due to the sale of the Company’s owned hotels and the exit of its select-service management business. Hotel Management adjusted EBITDA decreased $10 million year-over-year reflecting the same.
Development
The Company awarded 187 new contracts this quarter compared to 154 in the second quarter 2021. On June 30, 2022, the Company’s global development pipeline consisted of approximately 1,600 hotels and approximately 208,000 rooms, of which approximately 80% is in the midscale and above segments (nearly 70% in the U.S.). The pipeline grew 9% year-over-year, including 17% domestically and 5% internationally. Approximately 62% of the Company’s development pipeline is international and 78% is new construction, of which approximately 36% has broken ground.
Sale of Owned Hotel
On May 24, 2022, the Company completed the sale of the Wyndham Grand Rio Mar Resort in Puerto Rico for gross proceeds of approximately $62 million. There was no gain or loss on the sale as the proceeds approximated adjusted net book value. The Company entered into a 20-year franchise agreement with the buyer.
Cash and Liquidity
The Company generated $242 million of net cash provided by operating activities year-to-date and $224 million of free cash flow. The Company ended the quarter with a cash balance of $400 million and approximately $1.1 billion in total liquidity.
Share Repurchases and Dividends
During the second quarter, the Company repurchased approximately 1.9 million shares of its common stock for $142 million. The Company also paid common stock dividends of $29 million, or $0.32 per share, in the second quarter.
Full-Year 2022 Outlook
The Company is increasing its outlook as follows to reflect future projections related to the Company’s license fees from Travel & Leisure based on their full-year 2022 Gross VOI Sales outlook provided on April 28, 2022 as well as the impact of second quarter share repurchase activity:
(a) Represents the percentage of adjusted EBITDA that is expected to produce free cash flow.
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 Wednesday, July 27, 2022 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 888 632-3382 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 July 27, 2022. A telephone replay will be available for approximately ten days beginning at noon ET on July 27, 2022 at 800 925-9942.
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 properties, with approximately 9,000 hotels across over 95 countries on six continents. Through its network of approximately 819,000 rooms appealing to the everyday traveler, Wyndham commands a leading presence in the economy and midscale segments of the lodging industry. The Company operates a portfolio of 22 hotel brands, including Super 8®, Days Inn®, Ramada®, Microtel®, La Quinta®, Baymont®, Wingate®, AmericInn®, Hawthorn Suites®, Trademark Collection® and Wyndham®. The Company’s award-winning Wyndham Rewards loyalty program offers over 95 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. The Company may use its website as a 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 www.investor.wyndhamhotels.com. Accordingly, investors should monitor this section of the Company’s website 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 the Company’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, restructuring charges and statements related to the coronavirus pandemic (“COVID-19”). Forward-looking statements include those that convey management’s expectations as to the future based on plans, estimates and projections at the time the Company makes the statements and may be identified by words such as “will,” “expect,” “believe,” “plan,” “anticipate,” “intend,” “goal,” “future,” “outlook,” “guidance,” “target,” “objective,” “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 the Company 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; the continuation or worsening of the effects from COVID-19, its scope, duration, resurgence and impact on the Company’s business operations, financial results, cash flows and liquidity, as well as the impact on the Company’s franchisees and property owners, guests and team members, the hospitality industry and overall demand for travel; the success of the Company’s mitigation efforts in response to COVID-19; the Company’s performance during the recovery from COVID-19 and any resurgence or mutations of the virus; various actions governments, businesses and individuals continue to take in response to the pandemic, including stay-in-place directives (including, for instance, quarantine and isolation guidelines and mandates), safety mitigation guidance, as well as the timing, availability and adoption rates of vaccinations, booster shots and other treatments for COVID-19; concerns with or threats of other pandemics, contagious diseases or health epidemics, including the effects of COVID-19; the performance of the financial and credit markets; the economic environment for the hospitality industry; operating risks associated with the hotel franchising and management businesses; the Company’s relationships with franchisees and property owners; the impact of war, terrorist activity, political instability or political strife; risks related to restructuring or strategic initiatives; the Company’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 the Company’s ability to obtain financing and the terms of such financing, including access to liquidity and capital; and the Company’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 the Company’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. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, subsequent events or otherwise.
Innovative new program pairs first-of-their-kind BOLD IncubatorSM events with the power of
Wyndham to address development challenges unique to the Black community –
Stonecrest Resorts CEO Vaughn Irons joins as BOLD’s inaugural member, unveils plans for a new 110-room TRYP® by Wyndham hotel in Atlanta’s Stonecrest suburb
PARSIPPANY, N.J. (July 13, 2022) – Wyndham Hotels & Resorts, the world’s largest hotel franchising company with more than 8,900 hotels in 95+ countries, announced today BOLD by Wyndham, a new program designed to engage and advance more Black entrepreneurs on their path to hotel ownership. Developed with insight and support from existing and aspiring Black hoteliers, BOLD, which stands for Black Owners and Lodging Developers, aims to expand awareness for the unique challenges faced by Black entrepreneurs while using the scale and resources of Wyndham to help address those challenges and increase the number of Black hoteliers.
“Wyndham Hotels & Resorts has always championed diversity, equity and inclusion both within our Company and throughout the greater travel industry,” said Geoff Ballotti, President and CEO, Wyndham Hotels & Resorts. “Earlier this year we launched Women Own the Room—the industry’s first-ever program targeting women’s advancement in hotel ownership— and now have more than a dozen by-Wyndham hotels under development with women owners. With today’s debut of BOLD by Wyndham, we’re looking to further leverage the power of Wyndham and create even more development opportunities for underrepresented ownership groups.”
The National Association of Black Hotel Owners, Operators and Developers (NABHOOD) reports that Black employment in the hotel industry represents nearly 20% of all team members in the industry, yet, less than 2% of hotel owners are Black. Meanwhile, McKinsey reports 20% of Black Americans are starting or currently running businesses – more than any other ethnic group. BOLD is Wyndham’s approach to attract more Black entrepreneurs to hospitality as well as help accelerate those already familiar with the significant opportunities hotel ownership provides, offering the tools and guidance needed to achieve success.
“Combine the natural challenges of entrepreneurship with the lasting effects of systemic racism, and the result is that Black entrepreneurs are woefully underrepresented in hotel ownership,” said Galen Barrett, vice president, Strategic Development for Wyndham Hotels & Resorts. “It’s why we connected directly with existing and aspiring Black hoteliers to help us create BOLD by Wyndham. Understanding their unique needs—and how they differ from other underrepresented groups—was critical for building a program that can help overcome barriers and put the keys to hotel ownership in their hands.”
Engaging and Empowering Black Hotel Ownership
BOLD is founded on two key building blocks: attracting more Black entrepreneurs to hospitality by promoting hotel ownership as a vehicle for potential wealth creation and accelerating the path to hotel ownership.
Laying the Foundation – Opening the doors to hospitality through education and outreach is essential to advancing Black hotel ownership. Through BOLD, Black entrepreneurs can participate in Wyndham-sponsored networking and educational events and receive resources designed to help explore if hotel ownership is right for them and what it takes to be a successful hotelier. During each event, participants will have the chance to learn more about ownership, common barriers and how to overcome them, tips for securing financing and more.
Accelerating the Path to Ownership – For Black entrepreneurs who already know that hotel ownership is the right choice for them, BOLD exists to eliminate barriers and help expedite the route to ownership. Wyndham will provide qualified members with access to enhanced capital and operational support; financing opportunities, including lender introductions; and discounts with preferred suppliers. Qualified members will also be invited to participate in signature BOLD IncubatorSM events, connecting them with committed lenders and brokers and offering the opportunity to explore partner/joint venture opportunities and package development deals that come with additional capital support.
Vaughn Irons’ BOLD Vision for Priví Stonecrest
Vaughn Irons, Principal, Stonecrest Resorts, is the inaugural member of BOLD by Wyndham having recently been awarded a new construction 110-room TRYP by Wyndham franchise in the Atlanta suburb of Stonecrest, Ga. The hotel will be a welcome enhancement to Stonecrest Resorts’ current $17 million adaptive reuse project, Priví, which is transforming The Mall at Stonecrest into a family entertainment and lifestyle destination. Stonecrest Resorts has already successfully developed the 25,000 sq. ft. SeaQuest Aquarium in the first phase of their Priví Stonecrest project, which opened November 2021. The 2nd phase is already underway and will soon add a health & wellness complex, fine art gallery, bookstore, coffee shop, incubator for creatives and 5,000 sq. ft. events facility. The new construction hotel is a cornerstone of the project’s next phase, which will introduce new lifestyle elements, including a 50,000 sq. ft. chef driven food hall, history museum, fashion designer emporium and expanded family entertainment. These elements will increase the total investment of the Privi project to $35 million with the hotel expected to break ground in early 2023.
“We’re not just creating a new one-of-a-kind gathering place for those in east metro Atlanta,” said first-time hotelier, Irons. “Priví is an economic development project solidifying Stonecrest as a tourism destination and drawing visitors from all around the Southeast and eventually internationally. Throughout each and every interaction Wyndham has been a true partner in listening to fully understand our tourism potential and delivering on our needs to offer a lifestyle brand experience in Stonecrest.”
Having the backing of Wyndham, means having the support and resources of the world’s largest hotel franchising company behind our community’s desire to be a safe-haven for Black excellence and wealth creation.”
About Wyndham Hotels & Resorts Wyndham Hotels & Resorts (NYSE: WH) is the world’s largest hotel franchising company by the number of properties with more than 8,900 hotels in 95+ countries on six continents. Through its network of over 813,000 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 22 hotel brands, including Super 8®, Days Inn®, Ramada®, Microtel®, La Quinta®, Baymont®, Wingate®, AmericInn®, Hawthorn Suites®, Trademark Collection® and Wyndham®. The Company’s award-winning Wyndham Rewards loyalty program offers approximately 94 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.
Cloud-based, mobile-first solution from industry leader IDeaS prioritizes owner control and flexibility, pairing state-of-the-art capabilities with performance-driving data and analytics
PARSIPPANY, N.J. (June 28, 2022) – Wyndham Hotels & Resorts, the world’s largest hotel franchising company with more than 8,900 hotels across over 95 countries, today unveiled RevIQ, a next-generation, cloud-based, mobile-first revenue management system designed to help franchisees further optimize their revenue strategies and grow market share.
Created in collaboration with IDeaS, an industry leader in hotel revenue management software, RevIQ is built specifically for the needs of Wyndham franchisees and is designed to deliver top-tier performance while keeping control, flexibility and simplicity at the forefront. Leveraging real-time data and analytics to make automatic pricing recommendations and adjustments, the platform seamlessly integrates with Wyndham’s best-in-class property management systems and allows franchisees to optimize their strategies based on their own market insights—a key competitive differentiator.
“No one knows their business, competition or market better than our franchisees,” said Vikram Pradhan, group vice president, Global Revenue Management, Wyndham Hotels & Resorts. “For those reasons, it was critical we create a platform that, while powerful and robust in its data and analytics, also enables franchisees to incorporate their own knowledge and insights. RevIQ does exactly that, making it a simple, intuitive, easy-to-use tool that is as beneficial to experienced hoteliers as it is to those running their very first hotel.”
“What I love about RevIQ is it allows me to put my hotel’s revenue management strategy on autopilot, freeing my time to focus on other parts of the business while helping ensure I’m always getting the best possible return on every available room,” said Prativ Patel, owner of the Super 8 by Wyndham in San Bruno, Calif. and a member of the Super 8 by Wyndham Franchise Advisory Council. “It’s a game changer for Wyndham franchisees.”
Wyndham was the first major hotel company to introduce an automated revenue management system at scale in the economy and midscale segments, first deploying the system across its portfolio in 2015. RevIQ, the company’s latest offering, builds on that leadership position by delivering smart revenue management capabilities anytime, anywhere and on any device, with core benefits falling into three distinct categories:
Control – Hotel owners can create a custom pricing strategy based on market conditions and competition with full control over who they deem in their competitive set and the ability to change as needed. Competitors are automatically shopped five times daily, with RevIQ instantly adjusting its forecasts and recommendations.
Flexibility – Seamless integration, combined with a cloud-based, mobile-first design and single sign-on allows hotel owners the ability to easily transition between their property management and revenue management systems anytime, anywhere and across any device.
Simplicity – Designed with busy hotel owners and general managers in mind, RevIQ makes it easy to quickly update pricing, manage inventory, switch seamlessly between multiple hotels and more. Rate changes are immediate across all channels while a clean, intuitive interface allows for faster training of new team members.
RevIQ is available now to all Wyndham franchisees running Sabre SynXis Property Hub with plans to roll out to hotels on Oracle’s OPERA Cloud Property Management later this year, with portfolio-wide adoption by 2024. Part of Wyndham’s continued digital transformation, RevIQ is the latest on a growing list of strategic technology investments made by Wyndham as it looks to enhance the guest experience while delivering best-in-class resources and enhanced operational efficiencies for its franchisees. For more information, including hotel development opportunities, visit www.wyndhamdevelopment.com.
About IDeaS
IDeaS, a SAS company, is the world’s leading provider of revenue management software and services. With over 30 years of expertise, IDeaS delivers revenue science to more than 18,000 clients in 144 countries. Combining industry knowledge with innovative, data-analytics technology, IDeaS creates sophisticated yet simple ways to empower revenue leaders with precise, automated decisions they can trust. Results delivered. Revenue transformed. Discover greater profitability at ideas.com.
About Wyndham Hotels & Resorts
Wyndham Hotels & Resorts (NYSE: WH) is the world’s largest hotel franchising company by the number of properties, with over 8,900 hotels across over 95 countries on six continents. Through its network of over 813,000 rooms appealing to the everyday traveler, Wyndham commands a leading presence in the economy and midscale segments of the lodging industry. The Company operates a portfolio of 22 hotel brands, including Super 8®, Days Inn®, Ramada®, Microtel®, La Quinta®, Baymont®, Wingate®, AmericInn®, Hawthorn Suites®, Trademark Collection® and Wyndham®. The Company’s award-winning Wyndham Rewards loyalty program offers approximately 94 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.
The collection is positioned to continue its significant momentum with 75 hotels in the development pipeline
PARSIPPANY, N.J. (June 6, 2022) – Wyndham Hotels & Resorts, the world’s largest hotel franchising company with over 8,900 hotels across 95 countries, is celebrating the five-year anniversary of Trademark Collection by Wyndham and the collection’s significant momentum. The brand is designed for travelers seeking distinctive, attainable accommodations in sought-after destinations with each Trademark hotel maintaining its own unique attributes. Trademark has more than 145 hotels open with more than 35 opening in just the last 18 months. The Company expects Trademark to remain on a steady growth trajectory with 75 hotels in its development pipeline and upcoming openings expected in key markets such as Miami and Key Largo, Fla.; Cleveland, Ohio; and Kissimmee, Fla.
“Hospitality entrepreneurs are attracted to the Trademark Collection, as they can retain their own vision and hotel’s character, while being backed by Wyndham and our unwavering support,” said Chip Ohlsson, Chief Development Officer, Wyndham Hotels & Resorts. “Each hotel in the Trademark Collection by Wyndham is truly unique and independent, offering a distinct and authentic experience for guests.”
Wyndham Announces Upcoming Hotels Joining the Trademark Collection
The brand is set to continue its growth in the second half of 2022 and beyond, including:
The Legacy, Trademark Collection by Wyndham in Green Bay, Wis.
Set one block from Lambeau Field in the Green Bay Legends District, this sleek new construction boutique hotel will break ground in June 2022 and will offer 79 distinguished suites featuring “industrial chic elegance,” a restaurant and bar in the lobby, meeting rooms, a fitness center and a rooftop terrace and bar with comfortable seating and lush landscaping.
The Orbit Hotel, Trademark Collection by Wyndham in Cleveland, Ohio
Located in the suburb of Fairview Park across the street from Cleveland Hopkins International Airport and NASA Glenn Research Center, this former NASA building previously housed over a thousand NASA engineers who were instrumental in the space race and Apollo missions, will emerge as a Trademark Collection hotel with views of Rocky River Reservation and the airport runway. The hotel will feature patented soundproof windows in its 54 guestrooms. Amenities include a pool, fitness center, wellness room and indoor and outdoor dog parks.
Dove Creek Resort & Marina, Trademark Collection by Wyndham in Key Largo, Fla.
This intimate oceanfront resort with 23 guestrooms sits at the southern tip of Key Largo directly on the Atlantic Ocean. The variety of accommodations ranging from ocean-view guest rooms and deluxe studios to one and two-bedroom suites welcome everyday travelers seeking a warm, friendly, uncomplicated and personal getaway. Guests can relax on the shoreline, embark on fishing and diving excursions or visit the adjacent John Pennekamp Coral Reef State Park, America’s first underwater park. The property welcomes transient and business travelers alike and specializes in celebrating memorable business retreats, intimate and unforgettable honeymoons and long-awaited reunions for families and friends.
Trademark Collection Celebrates Recent Openings in Key Global Markets
In the past 18 months, the Trademark Collection has welcomed noteworthy hotels around the world to the portfolio. Recent highlights include:
The Buccaneer Beach & Golf Resort, Trademark St. Croix USVI: A family owned and operated property, this stunning U.S. Virgin Islands resort is a 25-minute drive from Henry E. Rohlsen Airport (STX) and less than a ten-minute drive from the waterfront shops and restaurants in downtown Christiansted. Celebrating its 75th anniversary this year, the 340-acre hotel is the island’s only four-star resort and offers 130 guestrooms and suites.
BEI Hotel San Francisco, Trademark Collection by Wyndham: Set in the heart of San Francisco near the Financial District and Union Square, this boutique hotel is within walking distance from unforgettable local arts, dining, and cultural experiences.
The Beekman Tower, Trademark Collection by Wyndham: A premiere high-rise hotel in the heart of New York City offering visitors modern amenities for a comfortable stay, fine dining, craft cocktails, and easy access to the city’s top highlights and attractions.
MB Hotel, Trademark Collection by Wyndham: Beachfront Bliss in Miami Beach, this hotel is only 13 miles from Miami International Airport (MIA) and five miles from South Beach. Guests can soak up the sun, experience epic nightlife, browse the shops along Lincoln Road Mall or visit top attractions such as the Art Deco Museum, the Holocaust Memorial Miami Beach, and Vizcaya Museum & Gardens.
Leavenworth Local, Trademark Collection by Wyndham: Located right in the heart of downtown Leavenworth, Kan., this hotel is in a converted 1923 high school with original architectural details and unique touches, such as a lounge space set in the former gymnasium. All of the guest rooms and suites are in converted classrooms, and feature chalkboards, as well as kitchenettes with microwave, mini-refrigerator, and cooktop. Guests have easy access to Fort Leavenworth, tours along the Missouri River, and the area’s many boutiques and antique shops.
Los Cabos Golf Resort, Trademark Collection by Wyndham: This relaxing retreat is nestled on the championship Cabo San Lucas Country Club Golf Course and minutes from the Marina Cabo San Lucas, offering fishing, scuba diving and whale watching excursions.
The Americus Hotel, Trademark Collection by Wyndham: A historic, ornate Jazz-Age hotel in Allentown, Pa., this property was built in 1926 and features a majestic ballroom and vintage vibes paired with contemporary amenities. Located near the PPL Center and ArtsWalk, guests can enjoy a stay in the city’s downtown area and check out vintage cars at the America on Wheels Museum, stroll through the Allentown Rose Gardens or explore an exhibit at the Da Vinci Science Center.
Chateau Mar Golf Resort, Trademark Collection by Wyndham: Following an extensive $12 million property-wide renovation, this Lauderhill, Fla. hotel offers an enhanced guest experience through high-tech amenities such as vinyl turntables featuring Bluetooth technology, Echo Dots and Fire Tablets in guestrooms, and robot butlers. The resort is committed to supporting the autism community through hiring opportunities and dedicated hotel amenities and offerings. Hotel team members are trained on autism sensitivity, so autistic travelers and their families and friends are greeted with a welcoming and inclusive environment.
Hotel Avenue Louise Brussels, Trademark Collection by Wyndham: This hotel is set in the business and shopping heart of the Belgian capital, with easy access to the shops along Avenue Louise and important business locations like the European Parliament.
“I have seen firsthand how the support of Wyndham’s global sales, marketing and loyalty teams paired with access to Wyndham’s negotiated discounts with suppliers allows hoteliers to deliver a high-level of service to our guests, while reducing costs and simplifying operations and efficiencies,” said David Crisafi, President of Ceres Enterprises and Wyndham franchisee who is converting a third hotel to a Wyndham brand with the Trademark by Wyndham in Cleveland, Ohio. “By joining the Trademark Collection by Wyndham, we are able to preserve the individuality of our hotel while taking advantage of resources from the world’s largest hotel company.”
About Trademark Collection by Wyndham Each of Trademark Collection by Wyndham’s upper-midscale-and-above hotels around the world – from landmark hotels in Europe, Asia, The Americas and the Caribbean to its flagship hotel, The Galt House Hotel in Louisville, Ky. – boast three common attributes: character, charm, and individuality. Launched in 2017, Trademark Collection is the first Wyndham-brand geared to three- and four-star hotel owners passionate about upholding their hotels’ independent spirit and designed for everyday travelers seeking distinctive, attainable accommodations in sought-after destinations. For more information, visit www.wyndhamhotels.com/trademark.
About Wyndham Hotels & Resorts Wyndham Hotels & Resorts (NYSE: WH) is the world’s largest hotel franchising company by the number of properties, with over 8,900 hotels across over 95 countries on six continents. Through its network of over 813,000 rooms appealing to the everyday traveler, Wyndham commands a leading presence in the economy and midscale segments of the lodging industry. The Company operates a portfolio of 22 hotel brands, including Super 8®, Days Inn®, Ramada®, Microtel®, La Quinta®, Baymont®, Wingate®, AmericInn®, Hawthorn Suites®, Trademark Collection® and Wyndham®. The Company’s award-winning Wyndham Rewards loyalty program offers approximately 94 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.
This press release contains “forward-looking statements” within the meaning of U.S. federal securities laws, including the expected addition of hotels and similar statements concerning possible future results or performance. You are cautioned not to place undue reliance on these forward-looking statements, which are not guarantees of future results or performance, speak only as of the date of this press release and are subject to numerous risks and uncertainties, including the risks described in Wyndham Hotels’ most recent Annual Report on Form 10-K and subsequent reports filed with the Securities and Exchange Commission, any of which could cause actual results or performance to be materially different from the future results or performance expressed or implied by such forward-looking statements. Except as required by law, The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, subsequent events or otherwise.
First-of-its kind experience comes as over 80% of U.S. travelers plan to take a road trip
this year, helping them seamlessly create, customize and book multi-hotel itineraries
PARSIPPANY, N.J., May 23, 2022 – Queue up the playlist and pack those snacks because planning the ultimate summer road trip is now easier than ever. Wyndham Hotels & Resorts, the world’s largest hotel franchising company with over 8,900 hotels across more than 95 countries, today announced the launch of Road Trip Planner, the latest digital innovation to its award-winning mobile app. A first-of-its-kind offering from a major hospitality company, the interactive booking tool the road trip discovery, planning and booking process, allowing travelers to seamlessly plot their next trip in minutes. It’s The Easiest Way to Book & GoSM.
Road trips became the go-to vacation for families amid the pandemic and continue to be the preferred way to travel for many this summer travel season. In fact, recent research commissioned by Wyndham for its American Road Trip Index revealed that while over 80% of travelers plan to take a road trip this year, with two-thirds (66%) feeling overwhelmed by trying to figure out where to stay.
“With thousands of hotels across our country’s highways and byways and 22 trusted brands, there is no company better positioned to help travelers experience the road trip of their dreams,” said Jessica Davidson, senior vice president, digital, Wyndham Hotels & Resorts. “With Road Trip Planner, travelers enter a few details about the trip and instantly get an itinerary with all their hotel stops, bookable in one single transaction. It not only eases the stresses of travel planning but ensures the journey is as exciting as the destination.”
A Seamless Solution for Road Trippers
Created to help travelers both at home and on the go, Road Trip Planner is the latest addition to the ever-evolving Wyndham Hotels & Resorts digital platform, further demonstrating the company’s commitment to delivering value to its hotel owners and guests. While guests enjoy a seamless planning and booking experience, owners benefit from direct bookings that are encouraged through the feature’s ability to book multiple hotel stays at once. Key to the design is functionality that enables guests to plan, create and book trips that work for them—from the family looking to head out west and visit our nation’s parks this summer, to long-haul truckers regularly making their way up and down the coast.
Among Road Trip Planner’s key features:
Custom Itineraries – Customize your route from A to B and discover what you love in between. Tailor itineraries filtering by driving time or distance, preferred brands, amenities, pet-friendly locations and more.
Recommended Routes – Leave the planning to us. Map a route with preferred stops or discover a recommended route based on your travel preferences.
Details at Your Fingertips: Stay connected throughout your journey. View multiple reservations on one screen, look up key amenities and share on-property requests ahead of time.
Pay Your Way – Pay in the way that works best for you including Wyndham Rewards points, cash or mix of the two.
Added Davidson, “Built upon the success and strong adoption of our mobile app, Road Trip Planner is the perfect complement to Lightning Book®, which is our Fastest Way to Book DirectSM and enables guests to reserve a hotel in just a few taps. Now, whatever your travel preferences—be it booking last minute or planning far ahead—Wyndham has you covered. Summer, here we come!”
Understanding the Road Tripper Mindset
Earlier this month, Wyndham teamed up with Wakefield Research to commission its first-ever American Road Trip Index, uncovering key insights around travelers upcoming road trip plans while tapping into pop-culture preferences.
Among some of the top insights from travelers:
Pete is the popular pick: 56% would choose to road trip with Pete Davidson over Kim Kardashian, with Gen Z (60%), Gen X (58%) and Boomers (58%) leading the charge. For Millennials (53%), Kim is still queen.
Adele rocks the radio: 34% put her at the top of their perfect road trip playlist, followed by Queen (28%), Bon Jovi (26%) and Bruce Springsteen (24%).
Take away the TV: 59% would sooner give up a month of TV before giving up a week of vacation, with Millennials (67%) and Gen X (66%) being the most eager to trade in their TV remotes.
Apologies to the in-laws: Asked to pick their top 3 road trip companions, 93% would rather road trip with someone other than them, including a best friend (80%), a sibling (61%) or even a member of congress (9%).
Food is the focus: 1-in-2 (50%) put trying a new restaurant among their road trip travel plans while over a third (34%) are looking forward to exploring a small town.
Going the distance: Road trippers plan to travel on average over 700 miles on their next trip, with over a quarter (27%) planning to travel 1,000 miles or more.
Grabbing the wheel: 53% prefer to be the driver over the passenger, with men (73%) overwhelmingly preferring to drive vs. women.
Wyndham’s Road Trip Planner is available today as part of the award-winning Wyndham Hotels & Resorts mobile app. Travelers can download the app via the Apple App and Google Play stores. Wyndham’s mobile app offers mobile check-in and checkout, innovative in-stay features, best-in-class design, personalized experiences, Wyndham Rewards® account management, gamification and more. Users can also take advantage of unique features like Lightning Book®, which makes it easy to book the nearest Wyndham hotel for the night.
Between May 26 to May 30, 2022, members can take advantage of Wyndham’s latest flash sale offer – 8,000 bonus points – redeemable for a $25 Visa prepaid card when they book two-nights or more through Wyndham’s mobile app. Simply tap the Mobile App Flash Sale offer on the app’s home screen to access the offer. Membership in Wyndham Rewards, which is free to join, is required, and non-members can quickly enroll as part of the booking process. A two-night minimum stay is required and stays must be completed by June 30, 2022. For full terms and conditions, visit www.wyndhamhotels.com/app.
Survey Methodology Wyndham Hotels & Resorts Survey was conducted by Wakefield Research among 1,000 Nationally Representative U.S. adults 18+, between May 11th to May 15th, 2022, using an email invitation and an online survey. The survey was weighted to ensure accurate representation of US adults ages 18+. The margin of error for the study is 3.1%.
About Wyndham Hotels & Resorts Wyndham Hotels & Resorts (NYSE: WH) is the world’s largest hotel franchising company by the number of properties, with over 8,900 hotels across over 95 countries on six continents. Through its network of over 813,000 rooms appealing to the everyday traveler, Wyndham commands a leading presence in the economy and midscale segments of the lodging industry. The Company operates a portfolio of 22 hotel brands, including Super 8®, Days Inn®, Ramada®, Microtel®, La Quinta®, Baymont®, Wingate®, AmericInn®, Hawthorn Suites®, Trademark Collection® and Wyndham®. The Company’s award-winning Wyndham Rewards loyalty program offers approximately 94 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.
Company Releases 2022 Environmental, Social, and Governance Report and is Recognized by DiversityInc and Forbes for its Dedication to Diversity
PARSIPPANY, N.J. (May 4, 2022) – Wyndham Hotels & Resorts, the world’s largest hotel franchising company with over 8,900 hotels across over 95 countries, released its 2022 Environmental, Social, and Governance (ESG) Report highlighting its dedication to operating in a socially, ethically and environmentally responsible way. These commitments are underscored by recent accolades, including recognition by DiversityInc, which highlighted Wyndham as a company with leading diversity practices for 2022, and Forbes as one of The Best Employers for Diversity 2022.
“The significance of our Company’s vision – to be the world’s leading hotel company by delivering the best value to owners and guests – is more important than ever. We believe as the world’s largest hotel franchisor, we have the responsibility to strengthen the communities in which we serve as we protect the environment for future generations while continuing the growth and success of our global franchise system,” said Geoffrey A. Ballotti, president and chief executive officer, Wyndham Hotels & Resorts. “We have witnessed the incredible resiliency of our owners, guests, and team members during these past two years. And as people return to traveling in record numbers, we look forward to welcoming them to Wyndham where we have a brand for every guest as we work to continue to advance our values-driven culture.”
Focus on Diversity, Equity & Inclusion
Deeply committed to a culture of diversity, equity and inclusion (DEI) across the organization, Wyndham believes that diverse backgrounds, cultures, and experiences help drive the company’s success and was recognized by DiversityInc as a company with leading diversity practices for 2022. The Company was also recently recognized by Forbes as one of The Best Employers for Diversity 2022, and for the fourth consecutive year, Wyndham received another perfect score on the Human Rights Campaign’s 2022 Corporate Equality Index measuring LGBTQ workplace equality.
Wyndham continuously infuses different perspectives into the workplace that reflect its diverse guests, customers, and communities around the world and offers enhanced training to address unconscious biases and racism and also foster allyship.
Advancing its commitment to diversity, Wyndham unveiled its innovative “Women Own the Room” program, the first-ever program by a major hotel company specifically targeting women’s advancement in hotel ownership. Women Own the Room is designed to advance and empower women entrepreneurs to break through the predominantly male-dominated hotel industry and is a natural extension of the brand’s commitment to DEI. The program is generating great interest and has proudly awarded new hotel development contracts to women developers for projects in Colorado, Delaware, Texas, Virginia, Oklahoma, and Florida.
“We have created a culture that fosters an inclusive workplace for our team members, where all individuals are treated with respect and can achieve both personal and professional success,” said, Monica Melancon, chief human resource officer, Wyndham Hotels & Resorts.
Leadership in Sustainability
Wyndham is committed to protecting the environment and demonstrating leadership in environmental programs, policies, and performance. Accelerating those efforts, the Company announced that hotels across the world will be required, as part of their brand standard compliance, to attain level 1 in the Wyndham Green Program by April 2023. The Wyndham Green Program is a five-level certification program that helps reduce a hotel’s environmental footprint, includes a proprietary environmental management tool that tracks data to help hotels improve energy efficiency, reduce emissions, conserve water, and reduce waste while helping drive the owner’s bottom line. Wyndham’s work has been recognized through its participation in CDP’s climate change and water security responses, where it achieved the management band for sustainability performance and disclosure.
Wyndham Hotels & Resorts was recognized as one of America’s Most Responsible Companies for 2022 by Newsweek, which honors those with superior environmental and social responsibility practices. The Company remains committed to reducing the energy and carbon footprint of all Wyndham hotels, and continuously evaluates opportunities to increase efficiencies and the usage of renewable energy where feasible. By 2025, the Company has committed to reducing absolute carbon emissions in Scope 1 and 2 emissions by 15%, compared to the 2019 baseline, and achieving 100% renewable energy at corporate headquarters, and North American offices. The Company’s corporate headquarters has a Gold LEED EBOM and Energy Star Certification and provides team members with complimentary access to electric vehicle charging stations to encourage more sustainable commuting and increase adoption of zero-emission vehicles.
Wyndham Hotels & Resorts prepared its ESG report in accordance with the Global Reporting Initiative (GRI) Standards, integrating the recommendations of the Sustainability Accounting Standards Board (SASB) and the Taskforce on Climate-related Financial Disclosures (TCFD). The company obtained third-party assurance over selected data disclosed in this report, as indicated by the 2021 Assurance Statement included in the report. The report covers the performance of Wyndham Hotels & Resorts, Inc for the 2021 calendar year and includes the Company’s owned and managed operations, unless otherwise stated, as well as enhanced disclosure around risk management. All financial figures indicated in the report are in U.S. dollars, unless otherwise noted.
About Wyndham Hotels & Resorts
Wyndham Hotels & Resorts (NYSE: WH) is the world’s largest hotel franchising company by the number of properties, with over 8,900 hotels across over 95 countries on six continents. Through its network of over 813,000 rooms appealing to the everyday traveler, Wyndham commands a leading presence in the economy and midscale segments of the lodging industry. The Company operates a portfolio of 22 hotel brands, including Super 8®, Days Inn®, Ramada®, Microtel®, La Quinta®, Baymont®, Wingate®, AmericInn®, Hawthorn Suites®, Trademark Collection® and Wyndham®. The Company’s award-winning Wyndham Rewards loyalty program offers approximately 94 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.
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