Partners since 2010, new long-term agreement maintains Barclays US Consumer Bank as exclusive issuer of Wyndham’s award-winning suite of co-brand credit cards
WILMINGTON, Del. (February 11, 2025) – Barclays US Consumer Bank, a leading credit card issuer and financial services partner, today announced the long-term renewal of its co-branded credit card program with Wyndham Hotels & Resorts, the world’s largest hotel franchisor with approximately 9,200 hotels across more than 95 countries.
Under the newly signed agreement, Barclays will continue to be the exclusive issuer of the Wyndham Rewards Earner® Plus Card, Wyndham Rewards Earner® Card, and Wyndham Rewards Earner® Business Card. The award-winning suite of cards—designed specifically for road trippers and road warriors—offers up to 8x earn on gas purchases and Wyndham hotel stays, up to 5x earn on marketing, advertising and utility purchases (Wyndham Rewards Earner Business Card only) and up to 4x earn on restaurant and grocery purchases. Other benefits include Wyndham Rewards membership upgrades, booking discounts, anniversary bonuses and more.
“As champions of the everyday traveler, Wyndham is always looking for new ways to help our members stay engaged—both on the road and off,” said Kurt Albert, treasurer and head of financial partnerships and planning, Wyndham Hotels & Resorts. “Our suite of co-branded cards does just that, making it easy for members to earn points on their everyday spend. Best of all, every card is backed by the power of Barclays, ensuring exceptional service and support every step of the way.”
“We have a shared commitment to creating products that offer cardmembers great value and rewards that enhance their experiences with Wyndham,” said Doug Villone, head of cards and partnerships, Barclays US Consumer Bank. “This long-term contract extension reflects the successful partnership we’ve built and grown since 2010. For more than a decade, we’ve worked together to increase customer loyalty and engagement and look forward to building on this momentum in the years to come.”
Consistently recognized for its simplicity and generous rewards, Wyndham Rewards is the #1 rated hotel rewards program as named by both USA Today and U.S. News & World Report. Members—approximately 112 million enrolled around the world—earn a guaranteed 1,000 points with every qualified stay and can redeem for free nights starting at just 7,500 points. With more than 60,000 hotels, vacation club resorts and vacation rentals globally, no other hotel rewards program is more generous or offers members more places to stay.
To apply or learn more about Wyndham’s co-branded credit card programs, visit Barclaycardus.com. Terms and conditions apply.
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About Wyndham Hotels & Resorts
Wyndham Hotels & Resorts (NYSE: WH) is the world’s largest hotel franchising company by the number of properties, with approximately 9,200 hotels across over 95 countries on six continents. Through its network of approximately 893,000 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®, Hawthorn Suites®, Trademark Collection® and Wyndham®. The Company’s award-winning Wyndham Rewards loyalty program offers approximately 112 million enrolled members the opportunity to redeem points at thousands of hotels, vacation club resorts and vacation rentals globally. For more information, visit wyndhamhotels.com.
About Barclays US Consumer Bank
Barclays US Consumer Bank is a leading co-branded credit card issuer and financial services partner in the United States that creates highly customized programs to drive customer loyalty and engagement for some of the country’s most successful travel, entertainment, retail, and affinity institutions. The bank offers co-branded, small business and private label credit cards, installment loans, online savings accounts, and CDs. For more information, please visit BarclaysUS.com.
World’s largest hotel franchisor positioned for long-term success following a year of global expansion, new brand openings and numerous owner and guest investments
PARSIPPANY, N.J. (January 28, 2025) – Following a banner year capping multiple milestones and accomplishments, Wyndham Hotels & Resorts is poised for continued growth and innovation in 2025. Chief among its priorities: complementing its strong foundation of economy and midscale brands with new upscale and lifestyle brands, while scaling technology and digital capabilities to deliver best-in-class experiences for hotel owners and guests.
“We navigated an unforgettable year in 2024, remaining steadfast in our ability to deliver for guests, owners and shareholders. From welcoming our 25th brand and expanding into new markets, to broadening our bench of aspirational hotels and generating new owner revenue streams via the industry’s best tech platform – 2024’s successes have both Wyndham and our franchisees well positioned for the years ahead.”
– Geoff Ballotti, president and CEO, Wyndham Hotels & Resorts
According to a recent McKinsey study, travel spending reached its highest level last year since 1960—driven by consumers’ shifting preferences for experiences over material goods. And it’s a trend poised to continue. The U.S. Travel Association projects travel spend to grow ~4% to $1.35 trillion in 2025, while recent Skift Research suggests global travel spend to increase by 9%. At the same time, the International Air Transport Association unveiled last month it expects global air travel to reach a record-breaking 5.2 billion passengers in 2025—up ~7% from 2024.
Driving Growth With recognizable brands spanning every segment of the industry, Wyndham saw continued global growth in 2024, adding a new brand, expanding its presence in key markets and building on its footprint in key segments like extended-stay. Among the highlights, the Company:
Opened its first ECHO Suites® Extended Stay by Wyndham hotels, reinforcing its position as the industry’s fastest-growing all new-construction brand. Early locations are seeing daily occupancy rates as high as 80% within weeks of opening. ECHO now makes up 14% of the Company’s development pipeline.
Expanded its offerings in the booming extended-stay segment with new upscale offerings, including the launch of WaterWalk Extended StaySM by Wyndham, its 25th brand, and the introduction of Wyndham Residences® in the U.S., a new tier within its namesake Wyndham® brand.
Strengthened its portfolio in key countries where it holds a significant presence, including the U.K., India, Türkiye and Mexico, while introducing 12 of its brands into a combined 22 new markets. The Company also announced an exclusive agreement to introduce its Microtel® brand in India, targeting 40 open hotels by 2031.
Joined forces with international lifestyle hospitality group, sbe, to introduce HQ Hotels & ResidencesSM, a new “smart lifestyle” brand affiliated with Registry Collection Hotels®. Focused on dining, nightlife and wellness, the brand opens its first hotel in Antigua this quarter: Hodges Bay Resort and Spa, a HQ Luxury Resort and Residences.
Tooled for Success Delivering on its OwnerFirst® approach to franchising, Wyndham further leveraged its unmatched size and scale in 2024 to provide franchisees with robust tools, solutions and innovative technology, helping them capture more business. Among the highlights, the Company:
Introduced Wyndham ConnectSM, helping hotels increase revenue and curate personalized guest experiences via AI-generated messaging, upsells, mobile check-in and check-out, mobile tipping and more. Approximately 2,000 of the Company’s hotels in North America are regularly engaging with the tool and seeing significant incremental revenue as a result.
Refreshed its Wyndham Business platform, anchored by the new Wyndham Rewards® Business, a B2B extension of Wyndham’s top-rated rewards program. Designed to simplify travel for business of all sizes, the re-imagined program offers rich savings and rewards, streamlined billing, membership upgrades, easy point management and more.
Created new opportunities for its BOLD® by Wyndham and Women Own the RoomSM members—promoting industry mentorship via Accelerator Circle and unlocking third-party financing solutions via investment firm Lafayette Square. Together, BOLD and Women Own the Room have resulted in more than 100 deals with nearly 40 hotels now open.
Championing the Everyday Traveler Further advancing its mission of making hotel travel possible for all, Wyndham continued championing the everyday traveler in 2024, launching new initiatives that further elevate the guest experience. Among the highlights, the Company:
Expanded its #1 ranked Wyndham Rewards program with new redemption offerings, bringing the total to more than 60,000 hotels, vacation club resorts and vacation rentals globally. No other major hotel rewards program offers members more places to redeem for stays.
Unveiled Wyndham Travel Packages, a one-stop-shop allowing Wyndham Rewards members to book and earn points on hotels, flights, car rentals, airport transfers, and even activities, all-in-one-go via WyndhamRewards.com.
Celebrated 50 Years of Super 8 with the debut of the brand’s new Innov8te 2.0 room design, a limited time consumer promotion and a special anniversary sweepstakes. Super 8 is one of the world’s largest economy hotel brands with over 2,600 locations.
Re-imagined its consumer marketing, leveraging top-tier creative partners to deliver campaigns that hit the right travelers at the right time with unmatched relevance, including the launch of the Company’s first-ever holiday campaign.
For more information about Wyndham Hotels & Resorts, including details on franchising opportunities, visit www.wyndhamdevelopment.com.
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About Wyndham Hotels & Resorts
Wyndham Hotels & Resorts (NYSE: WH) is the world’s largest hotel franchising company by the number of properties, with approximately 9,200 hotels across over 95 countries on six continents. Through its network of approximately 893,000 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®, Hawthorn Suites®, Trademark Collection® and Wyndham®. The Company’s award-winning Wyndham Rewards loyalty program offers approximately 112 million enrolled members the opportunity to redeem points at thousands of hotels, vacation club resorts and vacation rentals globally. For more information, visit wyndhamhotels.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 future growth opportunities and strategies and travel trends. 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,” “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; 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; 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; 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.
For a limited time, stay two nights and earn 7,500 Wyndham Rewards points, enough for a free night at thousands of Hotels by Wyndham
PARSIPPANY, N.J. (December 11, 2024) – This holiday season, Wyndham Hotels & Resorts is sending a Public Service Announcement to travelers coast-to-coast: stay close to your loved ones without actually staying with them. It’s all part of the Company’s humorous, new ad campaign, dubbed “Stay Close,” which is now live across social, digital, email and brand.com in the U.S. and Canada.
Created in partnership with Havas New York and produced by Annex 88, Stay Close delivers a comedic spin on the universal truths of travel while poking fun at the common pitfalls of holiday family gatherings. Whether its escaping “aunt-arazzi” – the aspiring midlife influencer; Cousin Carl’s relentless investment pitches; or simply avoiding that dreaded pull-out couch; staying at a Hotel by Wyndham means happily embracing the chance to connect while knowing each night you can escape to a personal retreat.
“The holidays can be a magical time with family and friends, but let’s face it, a little personal space and a real bed go a long way. No matter where your travels may take you across the U.S. this holiday season, chances are there’s a Hotel by Wyndham just 10 minutes away.
– Marissa Yoss, VP Media and Brand Marketing, Wyndham Hotels & Resorts
Wyndham’s holiday campaign will launch with a comprehensive omnichannel strategy running through the end of the year, featuring 6- and 15-second ads on digital video and connected TV on YouTube, along with social media and email, reaching travelers with the all-too-relatable moments of holiday travel.
Whether opting for a comfortable hotel stay over Grandma’s pullout couch or simply seeking extra comfort while staying just close enough to family, holiday travelers can earn 7,500 bonus Wyndham Rewards points—enough for a free stay at thousands of Hotels by Wyndham—when they stay two nights, now through January 20, 2025. Nights do not need to be consecutive and Wyndham Rewards members may take advantage of the promotion two times for a total of 15,000 bonus points. Terms and conditions apply. For details, visit WyndhamRewards.com.
Ready to book your holiday getaway? Visit WyndhamHotels.com.
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About Wyndham Hotels & Resorts
Wyndham Hotels & Resorts (NYSE: WH) is the world’s largest hotel franchising company by the number of properties, with approximately 9,200 hotels across over 95 countries on six continents. Through its network of approximately 893,000 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®, Hawthorn Suites®, Trademark Collection® and Wyndham®. The Company’s award-winning Wyndham Rewards loyalty program offers approximately 112 million enrolled members the opportunity to redeem points at thousands of hotels, vacation club resorts and vacation rentals globally. For more information, visit wyndhamhotels.com.
Lafayette Square targeting up to $100 million of its balance sheet to finance qualified Wyndham franchisees; executes first deal with Dr. Amina James for first Wyndham in Lake Charles, La.
PARSIPPANY, N.J. (November 14, 2024) – Wyndham Hotels & Resorts has teamed up with investment firm Lafayette Square to provide diverse hoteliers with improved access to capital. Through an exclusive relationship, Wyndham will vet and directly connect qualified owners with Lafayette Square, which aims to help hoteliers with up to $100 million in combined financing from the firm over the coming years. While not all hoteliers will qualify, viable candidates can use the funds to move forward projects that would otherwise stall due to lack of traditional financing.
Lafayette Square’s investment strategy addresses a critical issue diverse hoteliers face when it comes to access to capital and is the latest component of Wyndham’s BOLD (Black Owners and Lodging Developers) and Women Own the Room initiatives, which aim to bolster hotel ownership by Black and women entrepreneurs by addressing the unique challenges faced by each community. From networking and educational opportunities via the newly launched Accelerator Circle, to operational support and complimentary services to help maximize revenue, each program offers tailored solutions to help entrepreneurs on their path to hotel ownership. Together, BOLD and Women Own the Room have resulted in more than 100 hotel deals with Black and women hoteliers, of which more than 20 are now open.
“Inequities still exist within hospitality, especially when it comes to financing. Champions like Lafayette Square—who believe in our same mission—can help us bring greater representation to our industry. There are deserving, credible hoteliers that continue to face roadblocks, and we’re committed to using our network to not only give the keys to hotel ownership to more diverse owners, but ultimately help give them the access to tools, resources and partners they need to succeed.”
“Financing is an ongoing issue—particularly for diverse hotel owners— and there’s a growing need to intervene. We believe in elevating entrepreneurs who have historically not had the backing to succeed. Tapping into Wyndham’s network brings us and our resources to the epicenter of hospitality, helping make hotel ownership more attainable to qualified hoteliers.”
Advancing Hotel Ownership Despite a background in real estate and experience owning a hotel in Memphis, BOLD member Dr. Amina James continued to face the same challenges she had previously with banks upon exploring her next venture in Lake Charles, La., including high rates and deals that did not provide enough capital to fund her business plan. As a result, Wyndham introduced Dr. James to Lafayette Square, resulting in her becoming the first Wyndham franchisee to receive financing from the firm.
Because of Wyndham’s connection to Lafayette Square, Dr. James worked out a package solution facilitating the acquisition of her second hotel, which is now open as the Wyndham Lake Charles. With the financing, Dr. James plans to upgrade the property and streamline operations with a third-party management team.
“Because of Wyndham’s support, the credibility they saw in me and their connection to Lafayette Square, I can now say I own two hotels. BOLD and Women Own the Room are actively changing hospitality by forging the path – and knocking down the barriers along the way – to make hotel ownership possible. That’s a vision and a mission I’m proud to be part of.”
– Amina James, Wyndham Franchisee and Member of BOLD by Wyndham
About Wyndham Hotels & Resorts
Wyndham Hotels & Resorts (NYSE: WH) is the world’s largest hotel franchising company by the number of properties, with approximately 9,200 hotels across over 95 countries on six continents. Through its network of approximately 893,000 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®, Hawthorn Suites®, Trademark Collection® and Wyndham®. The Company’s award-winning Wyndham Rewards loyalty program offers approximately 112 million enrolled members the opportunity to redeem points at thousands of hotels, vacation club resorts and vacation rentals globally. For more information, visit wyndhamhotels.com.
About Lafayette Square Lafayette Square invests in middle market companies while positively supporting people and communities. We believe the demand for capital in businesses headquartered outside of high-income places is an overlooked opportunity. We seek investment opportunities that stimulate economic growth across the United States through the creation and preservation of working-class jobs. For more information, please visit www.lafayettesquare.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 future availability of financing for hotel owners. 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,” “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; 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; 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; 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.
For a limited time, earn double Wyndham Rewards points on
hotels, flights, car rentals, and more with Wyndham Travel Packages
PARSIPPANY, N.J. (November 12, 2024) – Travelers planning their next adventure now have a simpler and more rewarding way to book. Starting today, Wyndham Rewards®—the world’s most generous rewards program with over 60,000 hotels, vacation club resorts, and vacation rentals worldwide—is enhancing the travel experience with the launch of Wyndham Travel Packages.
Available to all Wyndham Rewards members across the Americas, Wyndham Travel Packages allow members to book hotels, flights, car rentals, airport transfers, and even activities, all in one go via WyndhamRewards.com—earning Wyndham Rewards points for every aspect of their booking. From quick getaways to bucket-list escapes, now travelers can skip the hassle of booking through multiple sites and focus on what matters most: the journey ahead.
“Whatever the trip, wherever the destination, booking travel should be simple and rewarding. With Wyndham Travel Packages, we’re bringing together trusted brands from across the industry and giving members a seamless way to book virtually every aspect of their next getaway – all with the benefits of Wyndham Rewards, the #1 hotel rewards program.”
Maximizing Points Earned
Wyndham Rewards members can earn points on multiple aspects of travel when booking with Wyndham Travel Packages, ensuring that dollars spent translates into points. Here’s how:
Hotel Stays: Earn 10 Wyndham Rewards points per dollar spent on 9,200 hotels, excluding WaterWalk Extended Staysm by Wyndham hotels, which earn 5 points per dollar spent. Stays at Echo Suitessm Extended Stay by Wyndham will not accrue points.
Activities: Earn 10 Wyndham Rewards points per dollar spent on thousands of tours and activities, including walking tours, sports tickets, indoor skydiving, and more.
Airfare: Members earn one Wyndham Rewards point per dollar spent on airfare (excluding taxes, fees, and incidentals) through major carriers like United, American, Delta, and others.
Car Rentals: Members earn one Wyndham Rewards point per dollar spent on car rentals (excluding taxes, fees, and incidentals) through Avis and Budget.
Airport Transfers: Members earn one point per dollar spent on airport transfers with global car service companies like Talixo and Sixt Ride, among others.
Unlocking Added Value Alongside a generous earning structure, travelers can enjoy even more benefits when they book with Wyndham Travel Packages, including:
Air Miles: In addition to earning one Wyndham Rewards point per dollar spent on airfare, members can also earn airline miles by enrolling in participating carriers’ loyalty programs.
Member Discounts: Enjoy up to 10% off travel package bundles when booking as a Wyndham Rewards member.
Redeem Points for Hotel Stays: Save money on any Wyndham Travel Package by using Wyndham Rewards points to cover hotel costs.
Earn Double Points for a Limited Time
Now through December 31, 2024, Wyndham Rewards members can earn double points on all Wyndham Travel Packages. Travel must be completed by December 31, 2025. Terms and conditions apply; visit WyndhamHotels.com/TravelPackages for more details.
The Wyndham Travel Packages platform was created in collaboration with Snowstorm Technologies, a leading global provider of travel technologies. Currently, package cancellations or modifications for hotel and flight bookings must be made within 24-hours booking, with cancellation policies for other package components varying by vendor. Additional cancellation options are expected to be available on future bookings starting as early as next year. For more information and to book Wyndham Travel Packages, including terms and conditions, visit WyndhamHotels.com/TravelPackages.
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About Wyndham Rewards Part of Wyndham Hotels & Resorts (NYSE: WH), the world’s largest hotel franchising company, Wyndham Rewards is the #1 hotel rewards program as named by both U.S. News & World Report and USA Today. Members—approximately 112 million enrolled around the world—earn a guaranteed 1,000 points with every qualified stay and can redeem for free nights starting at just 7,500 points. With more than 60,000 hotels, vacation club resorts and vacation rentals globally, no other hotel rewards program is more generous or offers members more places to stay. Join for free at WyndhamRewards.com.
About Snowstorm Technologies
Snowstorm Technologies is a global leader in travel technology solutions, specializing in seamless booking platforms, custom integrations, and innovative user experiences. Snowstorm enables companies to transform complex travel services into streamlined, accessible, and rewarding platforms. Learn more at SnowtormTech.com.
Initial deals expand Wyndham’s upscale extended-stay footprint bringing five residence-style accommodations to urban destinations across the U.S.
PARSIPPANY, N.J. (Oct. 28, 2024) – Guests seeking contemporary, upscale residence-style accommodations in urban destinations now have new offerings to consider in key cities like Houston, Washington D.C and more as a result of a 10-year development relationship between Wyndham Hotels & Resorts, the world’s largest hotel franchisor, and Reside, a leading residential hospitality management company.
The franchise agreements bring five residence-style hotels that are open or under development to the Wyndham brand—marking the debut of its Wyndham Residence® tier in the U.S.—with a focus on expanding its offerings across top 50 markets in the U.S. The model caters to guests looking for both long-term, home-away-from-home units as well as those looking for a homebase for a quicker getaway. For more than three decades, Reside has successfully managed and operated alternative accommodations and multi-family units with a key focus on furnished corporate housing. Today, through its partnerships, the company boasts a presence in 60 countries around the world.
What’s more, this partnership builds on Wyndham’s foothold in the extended-stay segment, complementing its existing offerings across segments with ECHO Suites® Extended Stay by Wyndham, Hawthorn® Extended Stay by Wyndham and WaterWalk Extended StaySM by Wyndham. With the addition of Wyndham Residence® properties in the U.S., the Company reinforces its commitment to providing hotel opportunities for every owner and guest across segments.
“Reside has a proven track record as one of the most successful names in corporate housing. Whether you need a comfortable place to live for a prolonged time, or you simply need more space while traveling with a larger group, Reside’s model expands our extended-stay offerings, delivering premium, professionally managed accommodations in locations we know guests want to visit. By tapping into Wyndham’s distribution network, we help unlock new demand generators that can help scale their business to the next level.”
– Amit Sripathi, Chief Development Officer, Wyndham Hotels & Resorts
Convenient Comfort in Urban Destinations Several Wyndham Residences are already established in other parts of the world, including the United Arab Emirates, Greece and more, offering the comfort and convenience of home for business travelers and tourists alike. Through Reside, Wyndham Residences will bring guests to some of the country’s most iconic urban destinations, such as Seattle’s waterfront neighborhoods, the arts district of downtown Houston and the country’s historic capitol, Washington D.C.
Open locations include:
Reside Seattle Downtown, a Wyndham Residence: Settle into Seattle in the heart of one of the city’s most iconic waterfront neighborhoods with easy access to Pike Place Market, T-Mobile Park, Lumen Field and the Space Needle. The contemporary 55-room residence-style hotel is perfect for extended-stays and weekend getaways alike, offering a gym, free WiFi, on-site laundry and housekeeping for stays over five nights.
Reside Houston Downtown, a Wyndham Residence: Set in the center of downtown Houston near the Theater District, Houston Symphony Orchestra and Jones Hall, the 79-room residence-style hotel unlocks endless adventures in H-town. The former auto showroom creatively adapts the space into a modern sanctuary with nods to its industrial past with original hardwood and factory windows. Guests can enjoy a 24-hour gym, fully equipped kitchens and in unit laundry.
Future locations include:
New Orleans: The 22-room residence-style hotel is located in the historic Bywater neighborhood known for its majestic magnolia trees and vibrant music scene, just about a mile away from the French Quarter. In addition to offering guests full kitchens and washers and dryers in unit, the hotel will have a restaurant showcasing the beloved flavors of New Orleans, an art gallery and coffee and wine bars for guests to enjoy.
Washington D.C.: Located steps from Barracks Row in DC’s Navy Yard, the 81-room residence-style hotel connects two buildings into one memorable stay. Guests will enjoy modern amenities like in-room chef-ready kitchens with stainless steel appliances, reliable Wi-Fi and in-unit laundry. For those looking to explore, guests will also be able to take in the historic charm and dynamic food scene in the surrounding area.
Washington D.C.: Set in DC’s NOMA neighborhood near downtown and Union Market, the 67-room residence-style hotel will offer an upscale, modern home away from home. With a sleek design, spaces will include in-room chef-ready kitchens, fast Wi-Fi and 24/7 gym access. Its location will also provide easy access to historic landmarks, museums and can’t miss dining experiences for foodies coming to town.
“We’ve been in this business for decades, providing quality and comfort to people looking for a reliable homebase. By partnering with Wyndham, we unlock access to its expansive distribution channels—including its network of approximately 112 million enrolled loyalty members—and join forces in delivering the memorable experiences in iconic cities today’s extended-stay guests are craving.”
– Lee Curtis, Founder & CEO, Reside
The #1 Hotel Rewards Program Wyndham hotels participate in Wyndham Rewards®, the Company’s award-winning rewards program with over 60,000 hotels, vacation club resorts and vacation rentals worldwide. With approximately 112 million enrolled members worldwide, Wyndham Rewards is the only hotel loyalty program where members earn a guaranteed 1,000 points with every qualified stay.
Accounting for approximately half of all U.S. check-ins, members can easily 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, gift cards, shopping and more. Offering three simple redemption tiers, free nights start at just 7,500 points per room per night, while discounted nights start at just 1,500 points per room per night.
Images associated with the above release are available here.
ENDS
About Reside Headquartered in Seattle, WA, Reside is the leading provider of professionally operated and managed global alternative accommodations with a portfolio of premier hospitality and technology brands. Reside’s mission is to present a new way to stay; offering a curated experience to guests no matter the destination or duration of their stay. Reside operates in over 60 countries across the globe, providing a diversified selection of options to satisfy the growing consumer demand for dependable, high-quality housing solutions for business or leisure travel. To learn more visit www.staywithreside.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 9,200 hotels across over 95 countries on six continents. Through its network of approximately 893,000 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®, Hawthorn Suites®, Trademark Collection® and Wyndham®. The Company’s award-winning Wyndham Rewards loyalty program offers approximately 112 million enrolled members the opportunity to redeem points at thousands of hotels, vacation club resorts and vacation rentals globally. For more information, visit wyndhamhotels.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 expected hotel openings. 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,” “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; 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; 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; 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 Raises Full-Year 2024 EPS Outlook and Reaffirms Remaining Outlook
Grows System Size by 4% and Development Pipeline by 5%
PARSIPPANY, N.J., October 23, 2024 – Wyndham Hotels & Resorts (NYSE: WH) today announced results for the three months ended September 30, 2024. Highlights include:
System-wide rooms grew 4% year-over-year.
Opened over 17,000 rooms globally, including nearly 7,000 in the U.S., which increased 15% year-over-year, and the second ECHO Suites Extended Stay by Wyndham.
Awarded 197 development contracts globally, including 95 contracts in the U.S., which increased 10% year-over-year.
Development pipeline grew 1% sequentially and 5% year-over-year to a record 248,000 rooms.
Global RevPAR grew 1% in constant currency.
Ancillary revenues increased 8% compared to third quarter 2023.
Diluted earnings per share increased 7%, to $1.29, and adjusted diluted EPS grew 6%, to $1.39, or approximately 10% on a comparable basis.
Net income was $102 million for the third quarter, a 1% decrease over the prior-year quarter; adjusted net income was $110 million, a 1% decrease over the prior-year quarter, or a 3% increase on a comparable basis.
Adjusted EBITDA increased 4% compared with the prior-year quarter, to $208 million, or 7% on a comparable basis.
Returned $126 million to shareholders through $97 million of share repurchases and quarterly cash dividends of $0.38 per share.
“Our teams around the world once again delivered exceptional results, executing our long-term growth strategy and achieving 7% growth in comparable adjusted EBITDA fueled by continued system expansion, higher royalty rates and growth in our ancillary revenues,” said Geoff Ballotti, president and chief executive officer. “We awarded 10% more franchise contracts domestically this quarter, driving 5% growth in our development pipeline. Stabilizing RevPAR trends and improving comparisons coupled with increased infrastructure demand are expected to pave the way for improved results in the coming quarters. We remain steadfast in our long-term strategy, aimed at delivering outstanding value to our guests, franchisees and shareholders to whom we’ve returned nearly $380 million year-to-date in the form of dividends and share repurchases.”
System Size and Development
The Company’s global system grew 4%, reflecting 1% growth in the U.S. and 8% internationally. As expected, these increases included 3% growth in the higher RevPAR midscale and above segments in the U.S., as well as strong growth in the Company’s EMEA and Latin America regions, which each grew 11%. The Company continued to improve its retention rate and remains solidly on track to achieve its net room growth outlook of 3 to 4% for the full year 2024.
On September 30, 2024, the Company’s global development pipeline consisted of approximately 2,100 hotels and 248,000 rooms, representing another record-high level and a 5% year-over-year increase. Key highlights include:
7% growth in the U.S. and 3% internationally
17th consecutive quarter of sequential pipeline growth
Approximately 70% of the pipeline is in the midscale and above segments, which grew 6% year-over-year
Approximately 14% of the pipeline represents ECHO Suites Extended Stay by Wyndham for which the Company has awarded a total of 283 contracts since its launch.
Approximately 58% of the pipeline is international
Approximately 79% of the pipeline is new construction and approximately 35% of these projects have broken ground
During the third quarter of 2024, the Company awarded 197 new contracts, including 95 contracts in the U.S., which increased 10% year-over-year.
RevPAR
Third quarter global RevPAR increased 1% in constant currency compared to 2023, reflecting a 1% decline in the U.S. and 7% growth internationally.
In the U.S., RevPAR for the Company’s midscale and above segments was unchanged year-over-year while RevPAR for its economy segment declined 2% reflecting a modest acceleration from the second quarter with a sequential improvement of 10 basis points. Additionally, the Company’s U.S. economy brands continued to strengthen their position, gaining 50 basis points of market share in the third quarter driven by performance in oil and gas markets, which grew 250 basis points in the quarter, and in the five states with the highest infrastructure bill spend, which collectively grew 80 basis points. U.S. occupancy remained consistent, highlighting the resilience of the select-service space and consumer demand for these products.
Internationally, RevPAR for the Company’s EMEA, Latin America and Canada regions collectively increased 13% due to both continued pricing power, with ADR up 11%, and occupancy growth of 2%. RevPAR for the Company’s APAC region declined 7% driven by a 2% decrease in occupancy and a 5% decrease in ADR. Importantly, the third quarter RevPAR performance for APAC represented a 500 basis point sequential improvement.
Third Quarter Operating Results
Fee-related and other revenues were $394 million compared to $400 million in third quarter 2023, which included $18 million of pass-through revenues associated with the Company’s 2023 global franchisee conference, absent which, fee-related and other revenue increased 3%. The growth in fee-related and other revenues reflects higher royalties and franchise fees and ancillary revenues.
The Company generated net income of $102 million compared to $103 million in third quarter 2023. The decrease was primarily reflective of higher interest expense, partially offset by higher adjusted EBITDA.
Adjusted EBITDA grew 4% to $208 million compared to $200million in third quarter 2023. This increase included a $5 million unfavorable impact from marketing fund variability, excluding which adjusted EBITDA grew 7% on a comparable basis, primarily reflecting higher royalties and franchise fees, increased ancillary revenues and margin expansion.
Diluted earnings per share was $1.29 compared to $1.21 in third quarter 2023. This increase primarily reflects the benefit of a lower share count due to share repurchase activity.
Adjusted diluted EPS grew 6% to $1.39 compared to $1.31 in third quarter 2023. This increase included an unfavorable impact of $0.04 per share related to expected marketing fund variability (after estimated taxes). On a comparable basis, adjusted diluted EPS increased approximately 10% year-over-year reflecting comparable adjusted EBITDA growth and the benefit of share repurchase activity, partially offset by higher interest expense.
During third quarter 2024, the Company’s marketing fund revenues exceeded expenses by $12 million, in line with expectations; while in third quarter 2023, the Company’s marketing fund revenues exceeded expenses by $17 million, resulting in $5 million of marketing fund variability. The Company continues to expect marketing fund revenues to roughly equal expenses during full-year 2024.
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 $79 million of net cash provided by operating activities and $96 million of adjusted free cash flow in third quarter 2024. The Company ended the quarter with a cash balance of $72 million and approximately $750 million in total liquidity.
The Company’s net debt leverage ratio was 3.5 times at September 30, 2024, the midpoint of the Company’s 3 to 4 times stated target range.
During the third quarter of 2024, the Company executed $350 million of new interest rate swaps on its Term Loan B Facility, which will expire in 2028. The fixed rate of the new swaps is 3.3%. As a result, the Company ended the third quarter with approximately 80% of its total debt at a fixed rate and 20% variable.
Share Repurchases and Dividends
During the third quarter, the Company repurchased approximately 1.3 million shares of its common stock for $97 million. Year-to-date through September 30, the Company repurchased approximately 3.8 million shares of its common stock for $285 million.
The Company paid common stock dividends of $29 million, or $0.38 per share, during the third quarter 2024 and $92 million, or $1.14 per share, year-to-date.
Full-Year 2024 Outlook
The Company is refining its outlook as follows:
Year-over-year growth rates for adjusted EBITDA, adjusted net income and adjusted diluted EPS are not comparable due to full-year 2023 marketing fund revenues exceeding expenses by $9 million, which substantially completed the recovery of the $49 million support the Company provided to its owners during COVID. The Company continues to expect marketing fund revenues to equal expenses during full-year 2024 though seasonality of spend will affect the quarterly comparisons throughout the year.
More detailed projections are available in Table 8 of this press release. The Company is providing certain financial metrics only on a non-GAAP basis because, without unreasonable efforts, it is unable to predict with reasonable certainty the occurrence or amount of all of the adjustments or other potential adjustments that may arise in the future during the forward-looking period, which can be dependent on future events that may not be reliably predicted. Based on past reported results, where one or more of these items have been applicable, such excluded items could be material, individually or in the aggregate, to the reported results.
Conference Call Information
Wyndham Hotels will hold a conference call with investors to discuss the Company’s results and outlook on Thursday, October 24, 2024 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 800 579-2543 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 24, 2024. A telephone replay will be available for approximately ten days beginning at noon ET on October 24, 2024 at 800 695-0715.
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 9,200 hotels across over 95 countries on six continents. Through its network of approximately 893,000 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®, Hawthorn Suites®, Trademark Collection® and Wyndham®. The Company’s award-winning Wyndham Rewards loyalty program offers approximately 112 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,” “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; 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; 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; 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.
Enhancing Wyndham’s BOLD and Women Own the Room initiatives, franchisees unlock exclusive access to industry experts to help support successful ownership
PARSIPPANY, N.J. (October 7, 2024) – Networking for Wyndham’s Black Owners and Lodging Developers (BOLD) and Women Own the Room franchisees just got easier with access to peer-to-peer connections and expert mentorship. Created on the foundation of building community for diverse hoteliers, the new Accelerator Circle gives BOLD and Women Own the Room franchisees exclusive access to Wyndham’s network of existing owners and industry experts through quarterly, small-group virtual meetups focused on fast-tracking hotel openings and maximizing performance.
From networking and education to operational support and complimentary services to help maximize revenue, BOLD and Women Own the Room offer tailored solutions to help break down the common barriers each group faces when pursuing hotel ownership. Together, BOLD and Women Own the Room have resulted in more than 90 hotel deals with Black and women hoteliers with more than 20 hotels that are now open. With Accelerator Circle, Wyndham leverages its position as the world’s largest hotel franchisor to reinforce its commitment of bringing greater diversity to hospitality.
“Navigating hotel ownership isn’t easy, with many owners facing the same challenges over and over. Wyndham’s Accelerator Circle connects a dynamic community for Black and women entrepreneurs who haven’t always had the support of our industry. It’s a space for owners to exchange knowledge, learn from seasoned pros, and the expected result? A more diverse industry with a new wave of empowered, savvy owners.”
Accelerating Ownership Through Community Created to help entrepreneurs from the time they consider hotel ownership all the way through opening a hotel, both BOLD and Women Own the Room put a key emphasis on fostering an interactive community that supports greater diversity in hospitality. With Accelerator Circle, Wyndham takes the focus to the next level by facilitating connection among its BOLD and Women Own the Room owners, allowing them to learn from shared experiences and grow together as an engaged community.
In line with its Owner First approach to franchising, Accelerator Circle sessions will focus on topics that come directly from franchisees, including securing financing, hotel renovations, development and operations, among others. Sessions will be led by industry professionals—spanning Wyndham team members, industry experts and owner peers—facilitating strategic, peer-to-peer discussions and providing insights focused on the real-time concerns owners face today.
Kicking off the series for Accelerator Circle this fall, WaterWalk CEO Mimi Oliver will lead a discussion focused on optimizing relationships with franchisors. During her tenure, Mimi has overseen the development, opening and operations for numerous hotels, raised more than $100 million in equity for the company, and most recently, joined forces with Wyndham as the Company’s 25th brand, WaterWalk Extended Stay by Wyndham. Along with being a trailblazer as a woman executive in the industry, she’s witnessed the incredible success of her late grandfather, Jack DeBoer, the extended-stay pioneer who led the way for the segment. Future sessions will be hosted by other industry professionals with topics spanning fundraising, construction and renovation, creating an optimal staffing model and more.
“Hotel ownership is challenging, and I’ve seen firsthand how valuable it is to have a circle of supporters to help navigate those difficulties and drive success. I was drawn to Wyndham because of their dedication to increasing diversity in hospitality, and Accelerator Circle is one meaningful way I can give back to inspire future generations—especially those who might not see a clear path—to join our fantastic industry.”
About Wyndham Hotels & Resorts
Wyndham Hotels & Resorts (NYSE: WH) is the world’s largest hotel franchising company by the number of properties, with approximately 9,200 hotels across over 95 countries on six continents. Through its network of nearly 885,000 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®, Hawthorn Suites®, Trademark Collection® and Wyndham®. The Company’s award-winning Wyndham Rewards loyalty program offers approximately 110 million enrolled members the opportunity to redeem points at thousands of hotels, vacation club resorts and vacation rentals globally. For more information, visit wyndhamhotels.com.
Launches search for cultural brand ambassador with a $15,000 prize
PARSIPPANY, N.J. (October 1, 2024) – Imagine wandering through the markets of Türkiye, soaking in the serene landscapes of California and exploring the vibrant streets of Panama. Now, imagine experiencing all these destinations on a single, unforgettable, global journey, snapping incredible photos along the way. One lucky adventurer will do just that as the Ramada by Wyndham Chief Eats Officer (“CEO”), embarking on a worldwide adventure. The cherry on top? Get paid $15,000 while doing it.
Spanning 75 countries, Ramada—one of the world’s most recognized hotel brands— is homebase for travelers looking for unforgettable bucket-list experiences, whether they’re just around the corner or oceans away. The brand’s second official “CEO” will set off on a global journey lasting up to three weeks, exploring the most delicious local cuisines and experiences. The content they capture will be showcased on the brand’s website and social media channels and shared with a worldwide audience. In return, the “CEO Comp Package” includes a $10,000 travel stipend to cover airfare and travel expenses, $5,000 cash, paid accommodations for up to 21 nights, upgrade to Wyndham’s exclusive Diamond rewards status and a once-in-a-lifetime experience.
“Every stay at Ramada allows guests to truly experience the essence of each destination. As our CEO travels to some of the world’s most remarkable cities, they’ll immerse themselves in the local culture, engage with the community and share their journey with travel enthusiasts across the globe. That’s the Ramada mission—transforming every trip into an unforgettable experience.”
– Stephanie Kendrick, brand leader, Ramada by Wyndham
A World of Opportunity The CEO responsibilities include visiting up to seven countries during a three-week trip, allowing them to truly Sample the World® along the way and sharing their adventures with a global audience. The itinerary will span multiple continents, offering the opportunity to explore international destinations while enjoying the familiar warmth and hospitality of Ramada hotels at each stop. Itinerary will be arranged by the Ramada team in coordination with the selected CEO. Potential stops include:
How to Apply To apply, candidates can post a public video on TikTok explaining why they are the ideal candidate for the job, tagging @RamadabyWyndham, using the hashtag #RamadaCEO, and following @RamadabyWyndham on TikTok. The applicant’s TikTok account must be publicly viewable for the duration of the contest. Alternatively, applicants can email their video submission to [email protected].
All submissions must be between one and three minutes in length and should include the applicant’s country of residence. If applying via email, be sure to provide the handles for your active and public personal social media accounts. All entries must be submitted and received by 11:59 p.m. ET on October 22, 2024.
Additional Qualifications Include:
Applicants must be a legal resident of the 50 United States or Canada (excluding Quebec).
Availability to travel for up to three weeks between April 1, 2025, and June 30, 2025.
Active and proficient on various social media platforms (TikTok and Instagram preferred).
At least 21 years old with a valid passport through December 2025.
Self-confessed travel lover and foodie.
Comfortable working remotely and on deadline.
If you’re ready to take on the role of Chief Eats Officer, we want to hear from you. Ramada by Wyndham will select the winning CEO on or around the week of November 14, 2024. No purchase is necessary to enter. For more details, including official rules, visit www.ramada.com/ceo.
About Ramada by Wyndham With more than 920 hotels globally, travelers are bound to find Ramada by Wyndham, one of the world’s most recognized hotel brands, wherever their travels take them. Guests choose Ramada not only so they can Sample the World® but for the brand’s passionate team members and full-service hospitality as well as functional meeting space, comfortable guest rooms, free Wi-Fi, and casual dining options. Visitwww.ramada.com for more information. Like us on Facebook and follow us on Instagram.
About Wyndham Hotels & Resorts
Wyndham Hotels & Resorts (NYSE: WH) is the world’s largest hotel franchising company by the number of properties, with approximately 9,200 hotels across over 95 countries on six continents. Through its network of nearly 885,000 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®, Hawthorn®, Trademark Collection® and Wyndham®. The Company’s award-winning Wyndham Rewards loyalty program offers approximately 110 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.
Wyndham Rewards® members unlock access to coveted tickets including rivalry games
PARSIPPANY, N.J. (September 25, 2024) – Tailgates, historic rivalries and fourth-down nailbiters while rooting for your favorite teams—football season is officially in full swing in Happy Valley. This year Wyndham Rewards—the most generous hotel rewards program spanning more than 60,000 hotels, vacation club resorts and vacation rentals globally—is adding the title Proud Hotel Rewards Partner of Penn State Athletics through a multi-year sponsorship with Penn State Sports Enterprises, an entity of Playfly Sports.
Today, Penn State boasts 31 athletics programs and an alumni association of 775,000—one of the largest in the U.S. Through the partnership, Wyndham Rewards members unlock exclusive access to special ticket packages for football and men’s basketball, redeemable with Wyndham Rewards points starting as low as 35,000 points. Plus, there will be additional opportunities to redeem points for special VIP experiences.
“Penn State’s school spirit matches the enthusiasm and loyalty of our 110 million enrolled Wyndham Rewards members. By joining forces, we’re tapping into one of the most engaged fanbases in sports and adding more enriching experiences for our beloved guests.”
“Blazing stadium lights and roaring fan cheers—there’s something truly special about the Nittany Lions Athletics family. By welcoming Wyndham into our iconic arenas and stadiums, we’re delivering incredible memories for fans and members alike, on and off the field.”
– Daniel Solomon, VP, Corporate Partnerships, Penn State Athletics
A Slam Dunk For Fans All Year Long The new partnership features exclusive access to tickets for football and men’s basketball, available only for Wyndham Rewards members to redeem using points throughout the year. The partnership also includes Wyndham signage through in-venue digital advertising throughout Penn State facilities such as Beaver Stadium, Bryce Jordan Center and Rec Hall.
Member highlights include exclusive game day packages, including suite-level tickets and pre-game experiences with complimentary food and drinks. Ticket packages start at 35,000 points and limited quantities are available. Members can also redeem points to add on various VIP experiences throughout the football season at select games. Experiences include sideline passes for pre-game photo ops for fans on the field and exclusive tunnel access alongside the team. Additional experiences will be made available in the coming months.
With approximately 110 million enrolled members worldwide, Wyndham Rewards is the only hotel loyalty program where members earn a guaranteed 1,000 points with every qualified stay. Members can easily 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, gift cards, shopping and more. Offering three simple redemption tiers, free nights start at just 7,500 points per bedroom per night, while discounted nights start at just 1,500 points per bedroom per night.
Now through Oct. 21, 2024, buy 3,000+ Wyndham Rewards points and get 25% off the purchase price to use toward Penn State football experiences, free and discounted nights and more. Fans can buy up to 100,000 points annually—that’s enough for up to 13 free nights at thousands of hotels worldwide*. For terms and conditions please visit here. To learn more about redeeming game tickets and experiences, see here.
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*More Information About Free Nights & Discounted Nights with Points + Cash: Free Nights require up to 30,000 points per bedroom, depending on property. Discounted Nights with Points + Cash require up to 6,000 points per bedroom, plus a cash payment, depending on property. Member must have enough points for all bedrooms in desired accommodation to book award nights. Per night resort fees and other advance fees may be payable, even for award nights; points can’t be used to pay them. Subject to availability; blackout dates/rates, minimum length of stay requirements & other restrictions apply. Most properties: points apply to room rate only (Free Nights: including taxes, Discounted Nights with Points + Cash: excluding taxes). See wyndhamrewards.com/terms for more information.
About Playfly Sports Playfly Sports is a sports media, marketing and technology business centered around the team, league, brand and network. Believing in ‘Fandom as a Service’ and focusing on a consultative, data-driven approach to REACH, ENGAGE, MONETIZE AND MEASURE FANDOM gives the company’s partners and brands a competitive advantage. Playfly connects more than 2,000 brand partners and over 100 sports properties and entities to approximately 85% of all U.S. sports fans. Through the proprietary platform, the business delivers scalable, data-oriented marketing, technology, and media solutions with capabilities including exclusive MMR management, sponsorship sales and activation, streaming, consulting, ticket/premium sales, all along with new revenue-driving platforms and technologies. Founded in September of 2020, Playfly Sports is now home to approximately 1,000 team members located across 43 U.S. states dedicated to maximizing the impact of highly passionate local sports fans. Follow Playfly Sports on social media @PlayflySports or visit www.playfly.com.
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 both U.S. News & World Report and USA Today. Members—approximately 110 million enrolled around the world—earn a guaranteed 1,000 points with every qualified stay and can redeem for free nights starting at just 7,500 points. With more than 60,000 hotels, vacation club resorts and vacation rentals globally, no other hotel rewards program is more generous or offers members more places to stay. Join for free at WyndhamRewards.com.
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