Europe, Middle East, Eurasia, Africa Archives

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

# # #

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.

# # #

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.

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, 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.

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.

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.

Company Raises Full-Year 2025 EPS Outlook

Grows Development Pipeline by 5% and System Size by 4%

PARSIPPANY, N.J. (July 23, 2025) – Wyndham Hotels & Resorts (NYSE: WH) today announced results for the three months ended June 30, 2025. Highlights include:

System-wide rooms grew 4% year-over-year.
Awarded 229 development contracts globally, an increase of 40% year-over-year.
Development pipeline grew 1% sequentially and 5% year-over-year to a record 255,000 rooms.
Ancillary revenues increased 19% compared to second quarter 2024 and 13% on a year-to date basis.
Diluted earnings per share increased 6% year-over-year to $13; adjusted diluted EPS grew 18% to $1.33, or 11% on a comparable basis.
Net income increased 1% year-over-year to $87 million; adjusted net income increased 13% to $103 million, or 7% on a comparable basis.
Adjusted EBITDA increased 10% year-over-year to $195 million, or 5% on a comparable basis.
Returned $109 million to shareholders through $77 million of share repurchases and quarterly cash dividends of $0.41 per share.

“We delivered another solid quarter growing our global system by 4%, expanding our development pipeline by 5%, increasing our ancillary revenues by 19%, and continuing to execute our strategy focused on higher FeePAR segments and markets, which is driving growth in both domestic and international royalty rates,” said Geoff Ballotti, president and chief executive officer. “Record first-half openings and a 40% second quarter increase in new contracts awarded reflect strong developer confidence in Wyndham’s powerful, owner-first value proposition. Amid a softer domestic RevPAR environment, we grew comparable adjusted EBITDA by 5% and comparable adjusted EPS by 11%. We also returned nearly $110 million to shareholders this quarter — continuing to demonstrate the value-creating power of our highly cash-generative, resilient asset-light business model. With consistent development, royalty rate, and ancillary fee growth, we remain very confident in our ability to create long-term value for our shareholders, franchisees, and team members through the enduring appeal of our iconic brands.”

Revised International Reporting Basis
As part of a recent operational review, the Company identified violations of its Super 8 master license agreement in China and issued a notice of default to the master licensee. Given the operational challenges of obtaining accurate information from this master licensee and the uncertain outcome of the compliance process, beginning this quarter, the Company has revised its reporting methodology to exclude the impact of all rooms (approximately 67,300 rooms as of March 31, 2025) under this 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.

To provide further context, the following table reflects the impact on the Company’s global growth metrics as a result of the exclusion of its Super 8 master license agreement in China:

The Company’s global system grew 4% including 3% growth in the higher RevPAR midscale and above segments in the U.S. and 5% growth in the higher RevPAR EMEA and Latin America regions.

On June 30, 2025, the Company’s pipeline consisted of approximately 2,150 hotels and 255,000 rooms, representing another record-high level and a 5% year-over-year increase. Key highlights include:

Awarded 229 new contracts, an increase of 40% year-over-year.
6% pipeline growth in the U.S. and 4% growth internationally
Approximately 70% of the pipeline is in the midscale and above segments, which grew 5% year-over-year
Approximately 17% of the pipeline is in the extended stay segment
Approximately 58% of the pipeline is international
Approximately 76% of the pipeline is new construction and approximately 35% of these projects have broken ground

RevPAR

Second quarter global RevPAR decreased 3% in constant currency compared to 2024, reflecting a 4% decline in the U.S. and 1% growth internationally.

In the U.S., second quarter results included approximately 150 basis points of unfavorable impacts from the timing of the Easter holiday and the 2024 solar eclipse. Excluding these impacts, the Company’s U.S. RevPAR declined approximately 2.3% year-over-year, driven by softer demand, partially offset by a modest increase in pricing.

Internationally, RevPAR results were driven by continued pricing power, offset by a decline in occupancy. The Company continued to see strong performance in its EMEA and Latin America regions, with year-over-year growth of 7% and 18%, respectively, reflecting robust pricing power in both regions. The Company’s Canada region grew RevPAR by 7% reflecting increased room nights from Canadian guests. In China, RevPAR decreased 8% year-over-year reflecting a decline in occupancy and continued pricing pressure.

Second Quarter Operating Results
The comparability of the Company’s second 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.

Fee-related and other revenues grew 8% to $397 million compared to $366 million in second quarter 2024, which reflects a 19% increase in ancillary revenues, higher royalties and franchise fees, as well as higher pass-through revenues due to the Company’s global franchisee conference in May.
The Company generated net income of $87 million, a 1% increase compared to second quarter 2024, as higher adjusted EBITDA and lower transaction-related expenses were partially offset by the absence of a benefit in connection with the reversal of a spin-off related matter, higher restructuring costs, and increased interest expense. Adjusted net income grew 13% to $103 million compared to $91 million in second quarter 2024.
Adjusted EBITDA grew 10% to $195 million compared to $178million in second quarter 2024. This increase included an $8 million favorable impact from marketing fund variability, excluding which adjusted EBITDA grew 5% on a comparable basis, primarily reflecting increased ancillary revenues, as well as higher royalties and franchise fees, partially offset by higher operating expenses primarily related to growth in the Company’s credit card program and the absence of a benefit from insurance recoveries.
Diluted earnings per share increased 6% to $13 compared to $1.07 in second quarter 2024. This increase primarily reflects the benefit of a lower share count due to share repurchase activity.
Adjusted diluted EPS grew 18% to $1.33 compared to $1.13 in second quarter 2024. This increase included a favorable impact of $0.07 per share related to marketing fund variability (after estimated taxes). On a comparable basis, adjusted diluted EPS increased approximately 11% year-over-year, reflecting comparable adjusted EBITDA growth, the benefit of share repurchase activity and lower depreciation and amortization, partially offset by higher interest expense.
During second quarter 2025, the Company’s marketing fund revenues exceeded expenses by $3 million; while in second quarter 2024, the Company’s marketing fund expenses exceeded revenues by $5 million, resulting in $8 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 $70 million of net cash provided by operating activities and $88 million of adjusted free cash flow in second quarter 2025. The Company ended the quarter with a cash balance of $50 million and approximately $580 million in total liquidity.

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

Share Repurchases and Dividends
During the second quarter, the Company repurchased approximately 923,000 shares of its common stock for $77 million.

The Company paid common stock dividends of $32 million, or $0.41 per share, during the second quarter 2025.

Full-Year 2025 Outlook
The Company is increasing its adjusted diluted EPS outlook to reflect the impact of second quarter share repurchase activity and increasing the low-end of its year-over-year rooms growth outlook by 40 basis points to reflect the removal of the dilutive impact from its Super 8 master licensee in China.

The Company continues to expect marketing fund revenues to approximate expenses during full-year 2025 though seasonality of spend will affect the quarterly comparisons throughout the year.

Conference Call Information
Wyndham Hotels will hold a conference call with investors to discuss the Company’s results and outlook on Thursday, July 24, 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 July 24, 2025. A telephone replay will be available for approximately ten days beginning at noon ET on July 24, 2025 at 800 723-8184.

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 approximately 847,000 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 120 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 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.

New strategic alliance expected to add more than 60 hotels over 10 years across India, Bangladesh, Sri Lanka and Nepal, with first hotels slated to open in 2026

DELHI (14 July 2025) – Wyndham Hotels & Resorts is accelerating its expansion across India and the surrounding region, announcing today a new strategic alliance with Cygnett Hotels & Resorts that will not only introduce its La Quinta® by Wyndham and Registry Collection Hotels® brands to the country but is expected to add more than 60 hotels across India, Bangladesh, Sri Lanka and Nepal over the next 10 years.

The partnership with Cygnett, an Indian hospitality group with a growing portfolio, is the latest in a series of purposeful development deals by Wyndham to meet India’s surging travel demand. With domestic travel spending hitting USD 186 billion last year alone and leisure travel spending expected to grow 12% annually, Wyndham continues to meet the needs of a rapidly evolving market, fueled by rising infrastructure investment, middle-class aspirations, and accelerated outbound and domestic tourism.

“This partnership is the next chapter in Wyndham’s Eurasia growth story, with India as a key strategic market that we’ve grown alongside for decades. Cygnett shares our commitment to sustainable, long-term growth, while meeting the rising demand from travellers seeking experiences that blend comfort, authenticity, and excellence. We’re introducing elevated stays across the full spectrum from stylish, quality hotels to distinctive luxury escapes, bringing Wyndham’s world-class brands to even more sought-after destinations across the region.”

– Dimitris Manikis, President EMEA, Wyndham Hotels & Resorts

Introducing La Quinta By Wyndham
As part of the deal, Wyndham and Cygnett have signed an exclusive 10-year development agreement to introduce and grow the La Quinta by Wyndham brand across India, Nepal, Sri Lanka, and Bangladesh, with plans to open over 50 hotels. This will include a mix of new builds and conversions with the first locations expected to open by the end of 2026. La Quinta hotels are known for their friendly vibe, modern amenities and great value. With more than 900 locations globally, the brand is a go-to option for both business and leisure guests in the upper midscale segment.

Boutique Luxury with Registry Collection Hotels
In parallel, Wyndham and Cygnett will also introduce Registry Collection Hotels in India through a non-exclusive 10-year development agreement for 10 hotels. Hotels will be co-branded under Anamore, Cygnett’s newly launched, luxury 5-star brand, with the first hotel expected to open as early as 2026. With more than 30 locations globally, Registry Collection Hotels are unique boutique and luxury hotels, handpicked to deliver incredible experiences in spectacular destinations around the world.

“Teaming up with Wyndham Hotels & Resorts gives us the scale, global recognition, and brand strength to expand rapidly and deliver outstanding value to our owners and guests. We are proud to help grow La Quinta and Registry Collection Hotels, two global brands that perfectly complement our portfolio and align with the rising demand in the region for high-quality hotel and guest experiences. Our extensive regional network and commitment to brand integrity uniquely position us to drive the successful roll-out of these brands across South Asia.”

– Sarbendra Sarkar, Founder & Managing Director, Cygnett Hotels & Resorts

Wyndham’s growth in Eurasia is powered by Wyndham Advantage; a combination of world-class marketing, distribution and other resources designed to put owners on the path to success. Inclusive of nearly $350 million in innovative technology investments since 2018, owners have access to best-in-class technology from industry-leading providers, including next-gen property management systems, as well as a growing member base of over 115 million enrolled Wyndham Rewards members globally.

Wyndham currently has a portfolio of more than 70 hotels across India, Nepal, Sri Lanka and Bangladesh, including globally recognized names like Ramada® by Wyndham, Howard Johnson® by Wyndham and Wyndham Garden®, among others.

For more information, including franchising opportunities, visit whrdevelopmentemea.com

ENDS

Images associated with this release can be downloaded HERE

About Cygnett Hotels & Resorts
Cygnett Hotels & Resorts is one of India’s fastest-growing hospitality companies, designed for the modern traveller and the evolving world of global hospitality. With a tech-enabled, guest-first approach, Cygnett blends contemporary design, operational excellence, Cygnetture experience and sustainable practices to deliver exceptional experiences across the upscale and midscale segments. Since launching its first hotel in 2014, the brand has built a robust portfolio of operational and project hotels adding 45 hotels and 3,671 keys across India. With an ambitious growth strategy, Cygnett aims to add over 1,000 keys annually, targeting a milestone of 100+ hotels and 9,000+ keys by 2030. Beyond scale, the company is committed to redefining value-driven hospitality through consistent service, prime locations, elevated dining, and future-ready infrastructure. With the forthcoming launch of its luxury brand, Anamore Select, Cygnett is poised to lead the next chapter of Indian hospitality, setting new benchmarks for experience, innovation, and brand trust. https://www.cygnetthotels.com/

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 the development and opening of new hotels in India, Nepal, Sri Lanka and Bangladesh. 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 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.

Exclusive development agreement supports KSA’s Vision 2030 while helping make travel more accessible throughout the Kingdom

RIYADH (14 May 2025) – Wyndham Hotels & Resorts, the world’s largest hotel franchising company with approximately 9,300 hotels spanning more than 95 countries, has entered into an exclusive development agreement with Le Park Concord Company to launch its iconic Super 8® by Wyndham brand in the Kingdom of Saudi Arabia. With plans to open 100 hotels over the next ten years, the agreement reinforces Wyndham’s long-term commitment to quality, accessible and sustainable hospitality development in the region.

The signing was executed with the active support of the Ministry of Tourism of Saudi Arabia, further underlining the initiative’s alignment with the Kingdom’s national tourism goals.

Le Park Concord is a leading Saudi hotel operator and developer, currently managing over 900 rooms across 13 properties with an additional 13 hotels under development, expected to add more than 2,000 rooms to the company’s growing portfolio.

“Bringing Super 8 to Saudi Arabia is a strategic move to make quality, affordable travel more accessible. As tourism accelerates and millions of travellers visit the country each year, the demand for dependable, budget-friendly accommodation continues to grow, whether you are travelling for business or leisure. Our collaboration with Le Park Concord allows us to meet that need by introducing a trusted brand in key cities and along major highways. We’re excited to bring Super 8’s signature blend of affordability, stylish comfort, and sustainable modern design to one of the region’s most dynamic markets.”

– Dimitris Manikis, President, EMEA, Wyndham Hotels & Resorts

As Saudi Arabia undergoes rapid transformation under Vision 2030, Wyndham and Le Park Concord are set to meet the rising demand for quality, affordable lodging among both international visitors and a growing domestic traveller base. In 2024 alone, the Kingdom welcomed 30 million international tourists, a 9.5 percent increase from the previous year, and according to Saudi Arabia’s Ministry of Tourism, that number is expected to reach 150 million annually by the end of the decade.

As part of the deal, the first Super 8® hotel is expected to debut next year, 2026. Future locations are planned along the Kingdom’s major highways and in key urban and transit hubs, including Riyadh, Jeddah, Makkah, Madinah, Al Khobar/Dammam, and surrounding areas. Many properties will feature smart modular construction and eco-conscious designs, aligning with both brands’ focus on efficiency, sustainability, and guest comfort.

Supporting a National Vision
Saudi Arabia’s strategic location, population growth, and increasing appeal to religious, leisure, and business travelers have made it a fast growing tourism destination. Despite this boom, branded economy accommodations remain underrepresented. According to Knight Frank, only 6% of the country’s hotel pipeline is in the economy and midscale segments creating a significant supply gap that Super 8® is well-positioned to address.

“Saudi Arabia’s tourism growth under Vision 2030 presents a clear need for more branded economy hotels. Our partnership with Wyndham Hotels & Resorts allows us to address this gap by combining local insight with strong and trusted international standards and the assurance of Wyndham Rewards, one of the world’s most trusted loyalty programs. Together, we will offer affordable, quality stays to meet the needs of a rapidly expanding visitor base.”

– Mr Fiaz Talal Alenezi, Chief Executive Officer, Le Park Concord Company

The Wyndham Advantage
Wyndham franchisees throughout the EMEA region benefit from the Wyndham Advantage – a combination of world-class marketing, distribution and other resources designed to put owners on the path to success. Inclusive of over $350 million (USD) in innovative technology investments since becoming a public company in 2018, owners have access to best-in-class technology from industry-leading providers, including next-gen property management systems, as well as a growing member base of over 115 million enrolled Wyndham Rewards members who make up more than a third of all check-ins globally.

Globally recognized for both quality and value, Super 8 by Wyndham is one of the world’s largest economy hotel brands, spanning multiple countries throughout the world. Just last month, Wyndham announced plans to introduce the brand to Spain and Portugal with 40 hotels slated to open across the two countries over the next 10 years.

To learn more about Wyndham Hotels & Resorts, including franchising opportunities with brands like Super 8 by Wyndham, visit whrdevelopmentemea.com.

Images associated with the above release can be downloaded here.

ENDS

About Le Park Concord Company
Le Park Concord Company is a fast-growing hospitality group based in the Kingdom of Saudi Arabia, known for delivering personalised and heartfelt guest experiences. Since opening its first hotel in 2015, the company has expanded to 13 hotels and resorts across the Kingdom, with plans to grow to over 100 properties across Saudi Arabia and the wider region by 2030. Driven by a belief that true luxury is personal, warm, and meaningful, Le Park Concord blends high hospitality standards with continuous innovation. Every stay is a story, built on a foundation of thoughtful, authentic service. For more information, visit https://www.leparkconcord.com/

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 growth and anticipated travel demands in the EMEA region. 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; 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 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.

Media Contact
For more information, please contact [email protected]

Company Delivers Record First Quarter Openings and Development Pipeline

PARSIPPANY, N.J. (April 30, 2025) – Wyndham Hotels & Resorts (NYSE: WH) today announced results for the three months ended March 31, 2025. Highlights include:

Global openings of 15,000 rooms increased 13% year-over-year, a record first quarter.
System-wide rooms grew 4% year-over-year.
Awarded 181 development contracts globally, an increase of 6% year-over-year.
Development pipeline grew 1% sequentially and 5% year-over-year to a record 254,000 rooms.
Global RevPAR grew 2% in constant currency.
Fee-related and other revenues increased 4% year-over-year.
Diluted earnings per share of $78 compared to $0.19 in the prior-year quarter and adjusted diluted EPS grew 10% year-over-year to $0.86, or 20% on a comparable basis.
Net income of $61 million compared to $16 million in the prior-year quarter; adjusted net income increased 5% year-over-year to $67 million, or 14% on a comparable basis.
Adjusted EBITDA increased 3% year-over-year to $145 million, or 9% on a comparable basis.
Returned $109 million to shareholders through $76million of share repurchases and quarterly cash dividends of $0.41 per share.

“We delivered a solid start to the year with strong system growth, record first-quarter openings and continued expansion across every region,” said Geoff Ballotti, president and chief executive officer. “While the macro environment remains uncertain, we’re staying focused on what we can control — investing in high-quality growth, executing with discipline and supporting our franchisees. Our asset-light, franchise-only business model has consistently outperformed during economic downturns and positions us well to deliver long-term value for our shareholders through all phases of any economic cycle.”

System Size and Development

The Company’s global system grew 4%. Importantly, these results included 4% growth in the higher RevPAR midscale and above segments in the U.S., as well as strong growth in the Company’s higher RevPAR EMEA and Latin America regions, which grew a combined 6%. The Company remains on track to achieve its net room growth outlook of 3.6% to 4.6% for the full year 2025.

On March 31, 2025, the Company’s global development pipeline consisted of approximately 2,140 hotels and 254,000 rooms, representing another record-high level and a 5% year-over-year increase. Key highlights include:

5% growth in the U.S. and 4% internationally
19^th consecutive quarter of sequential pipeline growth
Approximately 70% of the pipeline is in the midscale and above segments, which grew 7% year-over-year
Approximately 17% of the pipeline is in the extended stay segment
Approximately 58% of the pipeline is international
Approximately 77% of the pipeline is new construction and approximately 35% of these projects have broken ground
During first quarter 2025, the Company awarded 181 new contracts, an increase of 6% year-over-year.

RevPAR

First quarter global RevPAR increased 2% in constant currency compared to 2024, reflecting 2% growth in the U.S. and 3% growth internationally.

In the U.S., RevPAR growth includes 100 basis points of benefit from hurricanes and the timing of the Easter holiday. Excluding those factors, the Company’s U.S. RevPAR grew 60 basis points year-over-year as pricing strength was partially offset by softer demand with the pullback more pronounced during March.

Internationally, RevPAR growth was also driven by pricing power. The Company continued to see strong performance in its EMEA and Latin America regions, with year-over-year growth of 6% and 25%, respectively, reflecting robust pricing power, partially offset by modest occupancy declines. In China, demand remained steady but RevPAR declined 8% year-over-year reflecting continued pricing pressure.

First Quarter Operating Results
The comparability of the Company’s first 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.

Fee-related and other revenues grew 4% to $316 million compared to $304 million in first quarter 2024, which reflects higher royalties and franchise fees and higher ancillary revenues.
The Company generated net income of $61 million compared to $16 million in first quarter 2024. The increase primarily reflects lower transaction-related expenses in connection with defending an unsuccessful hostile takeover attempt. Other items primarily include the absence of impairment and restructuring costs recorded in first quarter 2024, partially offset by higher interest expense. Adjusted net income grew 5% to $67 million compared to $64 million in first quarter 2024.
Adjusted EBITDA grew 3% to $145 million compared to $141million in first quarter 2024. This increase included an $8 million unfavorable impact from marketing fund variability, excluding which adjusted EBITDA grew 9% on a comparable basis, primarily reflecting higher fee-related revenues and margin expansion.
Diluted earnings per share was $78 compared to $0.19 in first quarter 2024. This increase reflects higher net income and the benefit of a lower share count due to share repurchase activity.
Adjusted diluted EPS grew 10% to $0.86 compared to $0.78 in first quarter 2024. This increase included an unfavorable impact of $0.07 per share related to marketing fund variability (after estimated taxes). On a comparable basis, adjusted diluted EPS increased approximately 20% year-over-year, reflecting comparable adjusted EBITDA growth, lower depreciation and amortization and the benefit of share repurchase activity, partially offset by higher interest expense.
During first quarter 2025, the Company’s marketing fund expenses exceeded revenues by $22 million; while in first quarter 2024, the Company’s marketing fund expenses exceeded revenues by $14 million, resulting in $8 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 $59 million of net cash provided by operating activities and $80 million of free cash flow in first quarter 2025. The Company ended the quarter with a cash balance of $48 million and approximately $637 million in total liquidity.

The Company’s net debt leverage ratio was 3.5 times at March 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 first quarter, the Company repurchased approximately 797,000 shares of its common stock for $76 million.

The Company paid common stock dividends of $33 million, or $0.41 per share, during the first quarter 2025.

Full-Year 2025 Outlook
The Company is refining its outlook to reflect a softer-than-expected RevPAR environment. The updated range reflects a variety of potential outcomes for the remainder of the year, from a more optimistic scenario in which the softness seen in March and April proves to be temporary, to a more cautious view that contemplates persistent pressure on demand throughout the remainder of the year.

The Company continues to expect marketing fund revenues to approximate expenses during full-year 2025 though seasonality of spend will affect the quarterly comparisons throughout the year.

Conference Call Information
Wyndham Hotels will hold a conference call with investors to discuss the Company’s results and outlook on Thursday, May 1, 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 May 1, 2025. A telephone replay will be available for approximately ten days beginning at noon ET on May 1, 2025 at 800 688-9459.

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 9,300 hotels across over 95 countries on six continents. Through its network of approximately 907,000 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 over 115 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 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.

Opening marks arrival of La Quinta brand in Georgia, bringing the brand’s signature style and hospitality to the vibrant, fast-growing Black Sea region

LONDON (28 April 2025) – Wyndham Hotels & Resorts introduced its highly anticipated La Quinta by Wyndham brand to the Georgian market, opening the beachside La Quinta® by Wyndham Batumi, in one of the fastest-growing travel destinations on the Black Sea coast. Often referred to as the “Pearl of the Black Sea”, Batumi is renowned for its vibrant blend of modern and historical architecture, beautiful beaches, subtropical climate and rich culinary scene.

Georgia’s tourism industry is thriving, and Batumi is leading the way as one of the country’s top travel hotspots, thanks to its stunning Black Sea coastline and vibrant city vibe. In 2024 alone, Georgia welcomed 7.4 million international visitors, marking a 4.2% increase from the previous year. La Quinta by Wyndham Batumi is ideally positioned as a premium choice for tourists, business travellers and digital nomads alike seeking a blend of quality, comfort and global consistency.

“Wyndham’s mission is simple: make hotel travel accessible for all, and that means growing where travellers are going. Georgia has become an increasingly important destination in the region, with tourism continuing to thrive year after year. Introducing the La Quinta by Wyndham brand here marks a meaningful step in deepening our presence in this dynamic market. We see tremendous long-term potential in Georgia and remain committed to expanding our footprint across the country as part of our broader EMEA growth strategy.”

– Dimitris Manikis, President EMEA, Wyndham Hotels & Resorts

Perfectly situated just steps from the soft sands of Batumi Beach and only two kilometers from Batumi International Airport this hotel puts you right in the heart of the action. Explore nearby restaurants, shop at MetroCity Batumi mall, or take in the city’s top attractions like the iconic Ali and Nino Statue, Miracle Park, Piazza Square, the Dancing Fountains and the elegant Colonnades – all just minutes away.

The 98-room La Quinta by Wyndham Batumi, opened with owner ELT Group, offers a wide range of rooms from king and twin rooms through to suites, catering to every type of traveller and party size. Convenience and comfort are key with on-site parking, a 24/7 fitness centre, wellness centre – with sauna, steam room and massage room as well as an international restaurant and a sophisticated bar serving signature drinks like the ‘La Quinta Sunrise’. The modern interiors, warm tones and vibrant pops of colour throughout, promise a tranquil atmosphere and relaxing stay.

“La Quinta by Wyndham Batumi marks an exciting milestone to bring a globally recognised brand to the region’s dynamic market, offering a premium hotel that international travellers already know and trust. Wyndham is unrivaled when it comes to technology, guest experience and its loyalty programme and shares our like-minded vision for the Batumi market, which is already emerging as a leading travel destination in Europe, drawing travellers with its rich culture, diverse landscapes and growing tourism infrastructure.”

– Mamuka Makharadze, CEO / General Director of ELT Group

There are more than 900 La Quinta by Wyndham hotels globally, providing thoughtful amenities, friendly service and an exceptional guest experience that keeps travellers waking up on the bright side. The brand has a global footprint, largely in the United States, with a growing portfolio across the EMEA region in Türkiye and the UAE. La Quinta by Wyndham Batumi is the latest addition to Wyndham’s portfolio in Georgia, where Wyndham is a leading international hotel company with seven hotels and five brands across the country.

To learn more about La Quinta by Wyndham Batumi, or to make a reservation, visit LQ.com.

ENDS

Images associated with this release can be downloaded here.

[1] https://www.gbc.ge/public/en/news/Economics-news/in-2024-the-number-of-arrivals-of-international-non-resident-travellers-42-higher-y-o-y

About ELT Group
With 18 years of experience in the Georgian market, ELT Group entered the construction and development sector in 2017 and quickly earned a reputation as a reliable and innovative partner. Driven by a clear vision to redefine modern living standards, ELT Group develops high-efficiency real estate investment products in collaboration with leading international brands. The company’s customer-focused approach and strategic research have led to the creation of the unique “Quarter Concept,” seen in standout projects like “ELT Quarter” in Batumi and “Spanish Quarter” in Tbilisi. ELT Group is also the proud owner of La Quinta by Wyndham Batumi, further showcasing its commitment to quality and global partnerships. Committed to raising industry standards, ELT Group continues to shape Georgia’s urban landscape through innovation, excellence, and strong international collaboration. https://eltbuilding.ge/

Exclusive Development Agreement strengthens Wyndham’s relationship with longtime franchisee while capitalising on countries’ booming tourism trends

LONDON (24 April 2025) – Wyndham Hotels & Resorts, the world’s largest hotel franchising company with 25 global brands and approximately 9,300 hotels, has signed an exclusive development agreement with Soliteight Hotel Projects SA to introduce its Super 8® by Wyndham brand to the Iberian market in Spain and Portugal. Under the agreement, Soliteight, a leading hotel development and investment firm and existing Wyndham franchisee, will develop and open 40 Super 8 hotels over the next ten years, filling a crucial gap in the region’s hospitality landscape.

Super 8, a globally recognised and leading economy brand known for its hospitality, trusted quality and great value, will cater to the increasing number of budget-conscious travelers in Spain and Portugal. The initiative comes as both countries experience record-breaking tourism growth, along with rising demand for reliable, high-quality economy accommodations. Wyndham currently operates 14 Super 8 hotels across EMEA, including locations in Germany, The UK, and Saudia Arabia.

The first hotel will open in Leiria, Portugal in Q4 2027 with additional locations to be developed in prime spots across Tier 1 and Tier 2 cities including key travel hubs like airports, busy retail areas, and along popular transportation routes in smaller cities. Many of the hotels will be new construction using smart modular designed for efficiency and sustainability, staying true to the Super 8 brand’s renowned commitment to quality.

“Bringing Super 8 to Spain and Portugal is a strategic move to make quality, affordable travel more accessible. Southern Europe has a growing demand for reliable, budget-friendly accommodations and our collaboration with Soliteight allows us to meet that need. By introducing a trusted brand in key destinations, we ensure travellers can enjoy great value without sacrificing quality. We’re looking forward to bringing Super 8’s signature blend of affordability, modern comfort and sustainability to these vibrant markets.”

– Dimitris Manikis, President, EMEA, Wyndham Hotels & Resorts

Addressing Market Needs
The launch of Super 8 by Wyndham in Spain and Portugal is driven by booming tourism, shifting travel trends, and a growing demand for quality, affordable accommodations. In 2024, Spain welcomed a record 94 million international visitors, while Portugal also saw significant tourism growth. Spain’s strong economic performance, with a 3.2% GDP increase that same year, is further fueling domestic and business travel, particularly in secondary cities and emerging markets. As travellers seek options beyond basic budget stays and increasingly expensive mid-range hotels, Super 8 by Wyndham is perfectly positioned to fill this gap, offering reliable, high-quality, and affordable lodging.

“Spain and Portugal continue to lag other European markets in branded economy hotels, with a 10% gap in budget brand penetration, despite a 142% surge in RevPAR since 2019. We are delighted to partner with Wyndham as the exclusive developer for Super 8 in Iberia, addressing the need for well-branded economy hotels that offer comfort, consistency, and value for both international and domestic travellers.”

– Rui Alpalhão, Chief Executive, Soliteight

The Wyndham Advantage
Wyndham franchisees throughout the EMEA region benefit from the Wyndham Advantage – a combination of world-class marketing, distribution and other resources designed to put owners on the path to success. Inclusive of nearly $350 million in innovative technology investments over the past six years, owners have access to best-in-class technology from industry-leading providers, including next-gen property management systems, as well as a growing member base of approximately 114 million enrolled Wyndham Rewards members who make up more than a third of all check-ins globally.

To learn more, including franchising opportunities, visit whrdevelopmentemea.com.

Images associated with the above release can be downloaded here.

ENDS

About Soliteight
Soliteight is a Portugal-based hotel development company that specializes in delivering high-quality hospitality projects in partnership with renowned international brands. Founded as a joint venture between FundBox Holdings, a prominent Portuguese private equity firm, and Estoril 8023, a hotel management company led by experienced entrepreneurs Luiz Godinho Lopes and Pedro Mendes Leal, Soliteight focuses on asset-light investment models and long-term lease agreements. The company leverages both institutional investment expertise and deep industry knowledge to develop hotels that adhere to global standards while ensuring sustainable returns for its stakeholders.

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 growth and anticipated travel demands in the EMEA region. 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; 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 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%

Contact Us