Corporate News Archives

Scheduled to open in late December, the 200-room La Quinta by Wyndham Weifang South brings the brand’s hospitality to the Shandong province, with guest-friendly services and meeting and event space

SHANGHAI/SINGAPORE, December 1, 2021 – Wyndham Hotels & Resorts, the world’s largest hotel franchising company with approximately 9,000 hotels across nearly 95 countries, announces the debut of its La Quinta by Wyndham brand in China with the opening of La Quinta by Wyndham Weifang South scheduled for late December.

La Quinta by Wyndham is a leading hospitality brand with hundreds of locations in the Americas, Asia Pacific, Europe and the Middle East, that provides comfortable guestrooms, contemporary design, thoughtful amenities and its signature Here for You® service. The arrival of La Quinta by Wyndham in China marks the latest stage of its global development strategy, and the latest addition to its Asia Pacific portfolio, which comprises over 1,600 hotels across 20 markets and territories. La Quinta also currently operates in New Zealand with further plans to expand in that market.

Recent openings in key U.S. markets include Austin, Texas; Brooklyn, N.Y.; Denver, Colo.; and Santa Cruz, Calif.. The brand also has a prescence in Canada, Chile, Colombia, Honduras, Mexico, and Turkey. In addition to China and New Zealand, La Quinta by Wyndham has also announced plans to further expand in the Dominican Republic, Mexico, and the Republic of Georgia. There are more than 175 La Quinta hotels in the development pipeline.

“The launch of our La Quinta by Wyndham brand in China marks our latest milestone in expanding Wyndham’s multi-brand strategy through attractive and innovative hotel brands across the country. There is a strong demand for branded accommodation in emerging cities all across China – including Weifang – which is fast becoming a thriving destination for business and leisure. The La Quinta by Wyndham Weifang South, with its well-appointed guestrooms and collection of exceptional meeting venues, is set to bring our brand vision to life, and provide our guests with a fantastic leisure or business travel experience,” said Joon Aun Ooi, President, Asia Pacific for Wyndham Hotels & Resorts.

A Leading Location in the City
La Quinta by Wyndham Weifang South is located in Weifang, one of the largest cities in the Shandong province. The city is known as the birthplace of kites, and offers a plethora of cultural and tourism offerings and surrounded by beautiful natural landscape that is perfect for mountain-climbing or sight-seeing. The hotel is perfectly positioned adjacent to the Sinomall in Fangzi, a popular commercial and business district, approximately 30 minutes to the Weifang Railway Station and 12 minutes to the Weifang Nanyuan Airport, which offers domestic connections across China.

Contemporary Design for Business and Leisure
The La Quinta by Wyndham Weifang is a new hotel with contemporary design, guest-friendly services and outstanding conference and banqueting facilities.The hotel features 200 guestrooms and suites, all equipped with modern amenities such as large-screen LED TVs, high-speed Wi-Fi and bathrooms with rain showers and bathtubs, allowing all travelers to unwind in style. There is an executive lounge, complete with private check-in/check-out, dedicated concierge services and an exclusive meeting room, and every guest can stay in shape at the Fit Lounge, an impressive 600-square meter gym and yoga room.

A Destination for Dining and Events
Exceptional dining can be experienced at a choice of three restaurants; Xian Café is a vibrant all-day dining destination with show kitchens and panoramic windows, specializing in fresh seafood, Japanese delights and desserts, while The Tasty is a specialty hotpot restaurant serving imported wagyu beef, Mongolian lamb, fresh seafood and more. The hotel’s Chinese restaurant, Xiang Palace, presents fine Cantonese and Shandong cuisine, with signature dishes and seven private dining rooms for special occasions and family gatherings.

La Quinta by Wyndham Weifang South is expected to become one of the city’s leading MICE destinations with 3,400 square meters of conference and banquet space. The 1,500-square meter pillar-free grand ballroom becomes the first hotel in Weifang to feature a holographic projection facility and offers the city’s biggest embedded LED screen. The 750-square meter multi-function banquet hall and 12 other meeting rooms, ranging from 70 to 200 square meters, will be equipped with advanced audio-visual technology, creating options for every type of business and social event.

All La Quinta by Wyndham properties participate in Wyndham Rewards®, the world’s most generous rewards program with more than 50,000 hotels, vacation club resorts and vacation rentals worldwide. To learn more, please visit www.wyndhamrewards.com.

About La Quinta by Wyndham
With nearly 940 destinations around the world, the upper-midscale La Quinta by Wyndham brand is a bright spot in every travelers’ journey. The brand offers thoughtful amenities, friendly service and consistently delivers an exceptional guest experience that keeps travelers waking up on the bright side. For more information, visit http://www.lq.com/. Like and follow LQ on Facebook and YouTube. If you are interested in developing a hotel, please visit development.wyndhamhotels.com.

As part of the Wyndham Business program, this new network of premium meetings-focused hotels offers meeting planners new incentives in desired markets, and streamlined multi-year bookings

PARSIPPANY, N.J. (November 9, 2021) – Wyndham Hotels & Resorts, the world’s largest hotel franchising company with approximately 9,000 hotels across nearly 95 countries, today announces the debut of The Meetings Collection, a new element of the brand’s Wyndham Business program. Initially launching with eight hotels and resorts located across the U.S. in highly sought-after meetings destinations and with plans to expand in the future, the Collection was created with the needs of meeting organizers in mind, to offer rewarding solutions and a simple, streamlined way to book multi-year meetings at different hotels across the collection.

“It is a pivotal time in the meetings and events industry, with group travel beginning to return to fully in-person and hybrid meetings,” said Carol Lynch, senior vice president, global sales, Wyndham Hotels & Resorts. “We are launching this collection to support planners during every phase of the process and are excited to be able to now offer a highly efficient way for them to source and book hotels at competitive rates, earn generous rewards, and deliver an exceptional experience for their group.”

The Collection’s portfolio is comprised of properties from brands including Wyndham Grand, Trademark Collection by Wyndham, Wyndham, and Dolce Hotels and Resorts, and provides planners with more than 900,000 collective square feet of flexible meeting space and over 4,400 total guestrooms in addition to signature experiences across markets. The following hotels and resorts are part of The Meetings Collection launch:

Wyndham Grand Clearwater Beach, Fla.
Wyndham Grand Rio Mar Puerto Rico Golf & Beach Resort, Rio Grande, Puerto Rico
Wyndham Grand Orlando Resort Bonnet Creek, Fla.
Wyndham Grand Pittsburgh Downtown, Pa.
Galt House Hotel, Trademark Collection by Wyndham, Louisville, Ky.
Wyndham Orlando Resort International Drive, Fla.
Silverado Resort and Spa, A Dolce by Wyndham, Napa, Calif.
Cheyenne Mountain Resort, A Dolce by Wyndham, Colorado Springs, Colo.

To better assist planners in creating a memorable and impactful experience for their groups, The Meetings Collection extends planners a way to save time and money while earning Wyndham Rewards® points when booking 2 or 3+ meetings. The offer includes:

Save up to 5% on total meeting revenue when you contract multiple meetings or events at participating hotels listed above*
Count on flexibility with up to 30% attrition*
Enjoy a streamlined contracting process through our dedicated sales team and a single point of contact for each meeting or event
Exclusive destination experiences at participating hotels
PLUS, earn up to 50,000 Wyndham Rewards points per meeting with options to redeem for free and discounted stays at thousands of hotels, vacation club resorts and vacation

Rentals and much more! *

Signature destination experiences include a 3-night stay at Galt House, a Trademark Collection Hotel and two tickets to the Kentucky Derby; a 2-night stay at Wyndham Grand Pittsburgh Downtown with breakfast for two and four tickets to a home Steelers game; and an overnight stay at Silverado, a Dolce Resort, paired with a picnic basket lunch and complimentary wine tasting at a partner winery location.

Wyndham offers the world’s most generous rewards program for meeting planners, go meet. With no minimum spend requirement and no maximum point limit, paying guests who are Wyndham Rewards® members earn 10 POINTS per dollar or 1,000 points, whichever is more, for qualified stays at Wyndham Rewards hotels worldwide.

*Offer applies to two (2) or more meetings contracted at participating hotels simultaneously or within 30 days of the contract for the first meeting. All meetings must occur within 5 years of the first meeting date. For additional terms and conditions that apply, including details on savings and earning Wyndham Rewards points, please visit.

About Wyndham Business
Wyndham Business provides a suite of tools for meeting planners and travel advisors to save time and money, by simplifying business travel bookings. With special discounted rates, exclusive perks, and best-in-class business tools, Wyndham makes it easier to source the right hotels and help maximize efficiency. From transient travel and long-term stay projects to conferences and more, anytime you need to book 5+ rooms, Wyndham Business has you covered. For more information, visit www.wyndhamhotels.com/wyndham-business.

This press release contains “forward-looking statements” within the meaning of U.S. federal securities laws, including the expected addition of hotels and similar statements concerning possible future results or performance. You are cautioned not to place undue reliance on these forward-looking statements, which are not guarantees of future results or performance, speak only as of the date of this press release and are subject to numerous risks and uncertainties, including the risks described in Wyndham Hotels’ most recent Annual Report on Form 10-K and subsequent reports filed with the Securities and Exchange Commission, any of which could cause actual results or performance to be materially different from the future results or performance expressed or implied by such forward-looking statements. Except as required by law, Wyndham Hotels undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, subsequent events or otherwise.

New Properties to Open in Prime Pacific Northwest Markets

PARSIPPANY, N.J., November 7, 2021 – Wyndham Hotels & Resorts (NYSE: WH) – the world’s largest hotel franchising company with approximately 9,000 hotels across nearly 95 countries – announced today an agreement with developer Matt Braun of Braun Hospitality, LLC for five new Microtel Inn & Suites by Wyndham hotels in Oregon. These hotels join the approximately 300 Microtel hotels across the United States, and over 80 Microtel properties in the company’s U.S. pipeline.

The agreement provides for new Microtel Inn & Suites by Wyndham properties in the exciting Oregon growth markets of Florence, Ashland, Salem, Bend and Hood River. Braun Hospitality, the hotels’ ownership, will provide the development oversight and expertise for the planning, design, entitlement, and construction management of the five new properties.

Microtel Inn & Suites by Wyndham Ashland

Will offer 86 rooms in a popular four-season recreational and arts-centric destination nestled at the base of the Siskiyou and Cascade mountain ranges. Home to the Oregon Shakespeare Festival, Ashland is a cultural hotspot with award-winning galleries, theaters, and restaurants.

Microtel Inn & Suites by Wyndham Florence

Located near Oregon’s coastal playground of miles of beaches and rolling sand dunes and just one hour west of Eugene-Springfield, Microtel Inn & Suites by Wyndham Florence will feature 81 rooms in this go-to getaway destination for rest, relaxation, and recreation.

Microtel Inn & Suites by Wyndham Salem

Set in Oregon’s capital city, Microtel Inn & Suites by Wyndham Salem will feature 74 rooms in this city known for its vibrant downtown, museums, and historic sites, surrounded by green pastures and scenic vistas.

Microtel Inn & Suites by Wyndham Hood River

Microtel Inn & Suites by Wyndham Hood River will provide the perfect location for outdoor adventure enthusiasts. Guests of the 86-room hotel can enjoy nearby hiking, mountain biking, skiing, windsurfing, kite boarding and rafting, as well as an eclectic mix of downtown restaurants, bakeries, breweries, wineries, shops, and galleries.

Microtel Inn & Suites Bend

With both outdoor pursuits and pristine beauty, Bend, Ore. offers everything from award-winning restaurants to alpine sports and ancient lava tubes. Microtel Inn & Suites Bend will feature 86 rooms conveniently located for travelers visiting the city’s art galleries, the High Desert Museum, or trekking the legendary Bend Ale Trail, the largest beer trail in the west.

These new Microtel properties will be designed using Microtel’s Moda prototype that is the first of its kind in the economy select-service segment, with a reimagined interior and exterior concept designed to further elevate the brand, reduce building costs, optimize efficiencies, and drive greater returns for developers. The modern, value-engineered prototype provides approximately 70% revenue-producing square footage – one of the strongest in both the economy and midscale segments. The only 100 percent new construction brand in its segment, Microtel offers a scalable design, larger guestrooms, a sleeker architectural style, as well as efficient back-of-house operations to drive labor savings. In 2020, Microtel hotels delivered a powerful RevPAR Index of 107 percent.

“We are thrilled to announce these newest additions to the Microtel portfolio in prime locations across the coveted Pacific Northwest region,” said Microtel Inn & Suites by Wyndham Brand Leader and Vice President of Operations, Keri Putera. “The brand’s stylish and contemporary design will offer an exceptional guest experience for both leisure and business travelers throughout Oregon, and our optimized prototype will provide tremendous value for the developers.”

The Microtel brand continues to attract interest from developers that are looking to build and to sign new hotels. Interested developers can visit Wyndham’s development website or contact the Wyndham Franchise Development team by email at [email protected].

About Microtel
Microtel Inn & Suites by Wyndham® is an award-winning chain of more than 340 economy hotels located throughout North America, Mexico, China and the Philippines. Consistently over-delivering on both guest and owner expectations, Microtel is the only all new-construction hotel brand in the economy segment. Microtel prides itself on being an innovator, offering a midscale experience at an economy price with an array of complimentary amenities including free Wi-Fi and continental breakfast. Other amenities available at most hotels include meeting and fitness centers, swimming pools and at all properties the opportunity to earn and redeem points through Wyndham Rewards®, the brand’s guest loyalty program. Travelers can join the program for free at www.wyndhamrewards.com.

PARSIPPANY, N.J., November 8, 2021 – Wyndham Hotels & Resorts, Inc. (NYSE: WH) announced today that it has entered into a definitive agreement with CorePoint Lodging (“CPLG”) concerning the termination of all remaining Wyndham hotel management agreements (“HMAs”) upon consummation of the merger announced by CPLG today.

The termination is conditioned upon the closing of CPLG’s sale, which is targeted to occur in the first quarter of 2022. Upon termination of the HMAs, CPLG will pay termination fees to Wyndham of approximately $84 million.

“The termination of these management contracts will mark our exit from the lower margin, resource intensive select-service management business and afford us the opportunity to focus on the continued growth of our asset-light and highly profitable, cash generative franchising business,” said Geoffrey A. Ballotti, president and chief executive officer.

Wyndham’s related franchise agreements are expected to remain in-place at the current fee structure (5% royalties plus 4.5% for marketing and reservation services).

The Company has posted additional materials on its investor relations website, www.investor.wyndhamhotels.com, to further disclose the potential financial impact of this agreement.

About Wyndham Hotels & Resorts
Wyndham Hotels & Resorts (NYSE: WH) is the world’s largest hotel franchising company by the number of properties, with approximately 9,000 hotels across nearly 95 countries on six continents. Through its network of approximately 803,000 rooms appealing to the everyday traveler, Wyndham commands a leading presence in the economy and midscale segments of the lodging industry. The Company operates a portfolio of 22 hotel brands, including Super 8®, Days Inn®, Ramada®, Microtel®, La Quinta®, Baymont®, Wingate®, AmericInn®, Hawthorn Suites®, Trademark Collection® and Wyndham®. Wyndham Hotels & Resorts is also a leading provider of hotel management services. The Company’s award-winning Wyndham Rewards loyalty program offers over 90 million enrolled members the opportunity to redeem points at thousands of hotels, vacation club resorts and vacation rentals globally. For more information, visit www.wyndhamhotels.com. The Company may use its website as a means of disclosing material non-public information and for complying with its disclosure obligations under Regulation FD. Disclosures of this nature will be included on the Company’s website in the Investors section, which can currently be accessed at www.investor.wyndhamhotels.com. Accordingly, investors should monitor this section of the Company’s website in addition to following the Company’s press releases, filings submitted with the Securities and Exchange Commission and any public conference calls or webcasts.

Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the federal securities laws, including statements related to the termination of Wyndham Hotels’ management contracts with CorePoint Lodging. Forward-looking statements include those that convey management’s expectations as to the future based on plans, estimates and projections at the time Wyndham Hotels makes the statements and may be identified by words such as “will,” “expect,” “believe,” “plan,” “anticipate,” “intend,” “goal,” “future,” “outlook,” “guidance,” “target,” “objective,” “estimate,” “projection” and similar words or expressions, including the negative version of such words and expressions. Forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Wyndham Hotels to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release.

Factors that could cause actual results to differ materially from those in the forward-looking statements include, without limitation, general economic conditions; the continuation or worsening of the effects from COVID-19, its scope, duration and impact on the Company’s business operations, financial results, cash flows and liquidity, as well as the impact on the Company’s franchisees and property owners, guests and team members, the hospitality industry and overall demand for travel; the success of the Company’s mitigation efforts in response to COVID-19; the Company’s performance in any recovery from COVID-19; the performance of the financial and credit markets; the economic environment for the hospitality industry; operating risks associated with the hotel franchising and management businesses; the Company’s relationships with franchisees and property owners; the impact of war, terrorist activity, political instability or political strife; concerns with or threats of pandemics, contagious diseases or health epidemics, including the effects of COVID-19 and any resurgence or mutations of the virus and actions governments, businesses and individuals take in response to the pandemic, including stay-in-place directives and other travel restrictions; risks related to restructuring or strategic initiatives; risks related to the Company’s relationship with CorePoint Lodging; the Company’s ability to satisfy obligations and agreements under its outstanding indebtedness, including the payment of principal and interest and compliance with the covenants thereunder; risks related to the Company’s ability to obtain financing and the terms of such financing, including access to liquidity and capital as a result of COVID-19; and the Company’s ability to make or pay, plans for, and the timing and amount of any future share repurchases and/or dividends, as well as the risks described in the Company’s most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission and any subsequent reports filed with the Securities and Exchange Commission. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, subsequent events or otherwise.

Company Increases Dividend 33% to Pre-Pandemic Level Raises Full-Year 2021 Outlook

PARSIPPANY, N.J., October 27, 2021 – Wyndham Hotels & Resorts (NYSE: WH) today announced results for the three months ended September 30, 2021. Highlights include:

S. RevPAR exceeded 2019 levels by 7%, growing 59% versus 2020.
System-wide rooms grew 60 basis points sequentially, including 40 basis points of growth in the U.S. and 80 basis points of growth internationally.
Diluted earnings per share of $1.09 compared to $0.29 in third quarter 2020; adjusted diluted EPS of $1.16 compared to $0.36 in third quarter 2020.
Net income of $103 million compared to $27 million in third quarter 2020; adjusted net income of $109 million compared to $34 million in third quarter 2020.
Adjusted EBITDA of $194 million compared to $103 million in third quarter 2020.
Net cash provided by operating activities of $147 million compared to $97 million in third quarter 2020; free cash flow of $141 million compared to $92 million in third quarter 2020.
Returned $50 million to shareholders in the quarter through $27 million of share repurchases and a quarterly cash dividend of $0.24 per share.
Board of Directors recently authorized a 33% increase in the quarterly cash dividend to pre-pandemic level of $0.32 per share beginning with the dividend expected to be declared in fourth quarter 2021.
Company raises full-year 2021 outlook.

“Our resilient select-service franchising business model continues to lead the industry’s recovery with RevPAR well in excess of 2019 levels. These results have been fueled by the many investments we made over the last two years to capture an increasing share of both leisure and everyday business travel,” said Geoffrey A. Ballotti, president and chief executive officer. “Developer interest in our brands is strong. Our pipeline grew another 440 basis points and is now at pre-pandemic levels. At the same time our teams opened over 50% more rooms than we opened last year, and more rooms than we opened in the third quarter of 2019. Our diversified brand portfolio, now including our newly launched upper midscale all-inclusive brand, Alltra, and compelling owner value proposition, combined with our asset-light business model positions us to deliver strong free cash flow and shareholder returns well into the future.”

Fee-related and other revenues increased 48% to $377 million compared to $255 million in the third quarter of 2020 primarily reflecting the ongoing recovery in travel demand and its impact on global RevPAR, which has now recovered to 97% of 2019 levels, including domestic RevPAR at 7% above 2019.

The Company generated net income of $103 million, or $1.09 per diluted share, compared to net income of $27 million, or $0.29 per diluted share, in the third quarter of 2020. The increase of $76 million, or $0.80 per diluted share, reflects the increase in fee-related and other revenues and lower net interest expense, partially offset by higher volume-related expenses due to the ongoing recovery in travel demand.

The following discussion of third quarter operating results focuses on the Company’s key drivers as well as revenue and adjusted EBITDA for each of the Company’s segments. Full reconciliations of GAAP results to the Company’s non-GAAP adjusted measures for all reported periods appear in the tables to this press release.

System Size

Year-to-date, the Company’s global system grew 80 basis points, reflecting quarter-over-quarter sequential growth of 60 basis points driven by 40 basis points of growth in the U.S. and 80 basis points of growth internationally. Third quarter room openings exceeded 2019 levels by 4% globally reflecting a 46% increase in domestic additions. The Company’s annualized retention rate through third quarter stood at approximately 95%, putting the Company solidly on track with its goal of achieving a 95% retention rate and its net room growth outlook of 1.5 to 2% for the full year 2021.

RevPAR

Global and international RevPAR began to lap the onset of the COVID-19 pandemic in January 2021, while the U.S. began to lap its onset in March 2021. As such, comparisons to 2019 (on a two-year, constant currency basis) are more meaningful when evaluating trends. On this basis, third quarter RevPAR in the U.S. exceeded 2019 levels by 7% while global RevPAR recovered to 97% of 2019 levels and international RevPAR declined 25%. The 7% increase in the U.S. represents continued sequential improvement compared to a decline of 5% in the second quarter of 2021. Notably, RevPAR for the Company’s economy brands exceeded 2019 levels by 14% in the third quarter. The 25% international decline demonstrates strong sequential progress from a 44% decline in second quarter led by growth in regions where travel restrictions subsided. Canada improved 32 points to a 17% decline and EMEA improved 43 points to a 25% decline, partially offset by a 10 point sequential decrease to a 17% decline in China due to travel restrictions resulting from local COVID outbreaks in August and September.

Business Segment Results

Hotel Franchising revenues increased 43% year-over-year to $337 million primarily due to the global RevPAR increase. Hotel Franchising adjusted EBITDA increased 62% to $193 million reflecting the growth in revenues as well as a timing benefit from the marketing fund, partially offset by higher volume-related expenses.

Hotel Management revenues increased 25% year-over-year to $126 million, including a $4 million increase in cost-reimbursement revenues, which have no impact on adjusted EBITDA. Absent cost-reimbursements, Hotel Management revenues increased $21 million, or 111%, to $40 million primarily due to the global RevPAR increase, as well as improved performance at the Company’s owned hotels. Hotel Management adjusted EBITDA increased $14 million year-over-year reflecting the revenue increases, partially offset by higher volume-related expenses, and reflecting significant margin expansion (excluding cost reimbursements) to 40% in 2021 from 11% in 2020.

During the third quarter 2021, the Company’s marketing fund revenues exceeded expenses by $19 million; while in third quarter 2020, the Company’s marketing fund expenses exceeded revenues by $8 million.

Development
The Company awarded 151 new contracts this quarter, 3% higher than 2019. On September 30, 2021, the Company’s global development pipeline consisted of over 1,450 hotels and approximately 193,000 rooms. The pipeline grew 440 basis points year-over-year and 120 basis points sequentially – including 90 basis points domestically and 140 basis points internationally. Approximately 65% of the Company’s development pipeline is international and 76% is new construction, of which approximately 34% has broken ground.

Cash and Liquidity
The Company generated $147 million of net cash provided by operating activities in the third quarter of 2021 compared to $97 million in third quarter 2020. The Company generated $141 million of free cash flow in the third quarter of 2021 compared to $92 million in the third quarter 2020.

At September 30, 2021, the Company had $193 million of cash on its balance sheet and approximately $930 million in total liquidity. The Company’s net debt leverage ratio was 3.7 times at September 30, 2021 and within the Company’s 3 to 4 times stated target range.

Share Repurchases and Dividends
During the third quarter of 2021, the Company repurchased approximately 374,000 shares of its common stock for $27 million at an average price of $73.13 per share.

The Company paid common stock dividends of $23 million, or $0.24 per share, in the third quarter of 2021. The Company’s Board of Directors authorized a 33% increase in the quarterly cash dividend to pre-pandemic level of $0.32 per share, beginning with the dividend expected to be declared in fourth quarter 2021.

2021 Outlook
The Company updated its outlook for full-year 2021 as follows:

Net rooms growth of 1.5% to 2% versus our prior outlook of 1% to 2%.
RevPAR growth of approximately 43% versus 2020, or a decline of approximately 14% compared to 2019, which is improved from growth of approximately 40% versus 2020, or a decline of approximately 16% compared to 2019.
Fee-related and other revenues of $1.21 billion to $1.23 billion, up from $1.16 billion to $1.19 billion.
Adjusted EBITDA of $560 million to $570 million, up from $525 million to $535 million.
Adjusted net income of $275 million to $285 million, up from $244 million to $254 million.
Adjusted diluted EPS of $2.93 to $3.03, up from $2.60 to $2.70, based on a diluted share count of 94.0 million that excludes any share repurchases after September 30, 2021.
Free cash conversion from Adjusted EBITDA of approximately 60%, up from approximately 55%.

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 28, 2021 at 8:30 a.m. ET. Listeners can access the webcast live through the Company’s website at www.investor.wyndhamhotels.com. The conference call may also be accessed by dialing 877 876-9173 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 28, 2021. A telephone replay will be available for approximately ten days beginning at noon ET on October 28, 2021 at 800 839-4992.

Amplified by the challenges of the pandemic, 82% of moms say planning a family getaway is more stressful than it used to be; 78% admit to being even more tired after vacation than before they left

PARSIPPANY, N.J. (October 25, 2021) – The holidays are a time to reflect and recognize those we’re most thankful for, which is why this year, La Quinta® by Wyndham is teaming up with actress and podcast host Katie Lowes to celebrate the one person who—despite all the challenges the pandemic has thrown at her—continues to keep us all on track and at our best: mom.

Whether it’s navigating the world of virtual-learning or juggling the growing challenge of the office colliding with home, over the last 20-months, moms’ roles have become bigger and more demanding than ever before. That’s why this holiday season, La Quinta by Wyndham is launching “Thankful for Mom,” a brand-first series of virtual meetups aimed at connecting moms coast-to-coast while helping them overcome the stress and challenges of work, home and holiday travel.

“Moms are among the many unsung heroes of the pandemic – balancing work, life, school, parenting, and of course, travel,” said Carolina Matias-Perez, senior director, Brand Marketing, La Quinta by Wyndham. “Data routinely shows that in most families, mom, in addition to everything else she does, has to play travel planner too. Not surprisingly, it can be stressful. Thankful for Mom is about extending moms a lifeline while letting them know they’re not in it alone.”

A recent study conducted earlier this month by La Quinta found that the brunt of vacation planning continues to fall disproportionately on moms (more than 60%), adding to their already busy schedules. What’s more, 82% of moms say planning a family getaway is more stressful than it used to be, indicating some of their top stress drivers as packing for the whole family, planning activities and scheduling pet care. Further, 78% of moms admit they’re more tired after a family vacation than before they left, suggesting that the family vacation isn’t really a vacation at all. Thankful for Mom aims to lessen and help alleviate these trends.

Connecting Moms Coast-to-Coast
La Quinta by Wyndham’s Thankful for Mom series kicks off next Wednesday, Nov. 3 and runs weekly through Nov. 17, wrapping up just ahead of the Thanksgiving holiday. Free-to-join, each of the three, online, interactive evening events will run around 90-minutes and feature a range of well-known parenting, travel and lifestyle experts sharing how-to insights, hands-on tips, and inspirational stories. Each event is slated to begin on its scheduled date at 8 p.m. ET.

Among the speakers being featured in the series’ first event on Nov. 3: actress and podcast host Katie Lowes. Best known for her role as Quinn Perkins in the ABC political drama series “Scandal,” Katie currently hosts the award-winning podcast “Katie’s Crib,” where she welcomes guests for honest conversations about parenthood while sharing her own experiences as a working-mom.

“Moms are the real warriors at confronting life’s challenges headfirst, which is why I am thrilled to team up with La Quinta in bringing moms together for conversations around topics that matter most to them,” said Lowes. “As a mom, I know firsthand the job is like running a never-ending marathon that shifted to a non-stop roller coaster during the pandemic. This year, more than most, every mom should be thanked—and most importantly, celebrated.”

Additional speakers being featured throughout the meetups include blogger Sarah Wagner, boss mom and host of Disney Family Sundays Amber Kemp-Gerstel, and entrepreneur Karla Lu, among others. Meetups will center on common challenges faced both by working and stay-at-home moms, including, traveling with the family, itinerary planning, packing tips, business travel, entertaining the kids, self-care and more. Each online event will also feature a fun activity—such as a mixology session—plus the chance for participants to win one of several great prizes.

For more information about La Quinta by Wyndham’s Thankful for Mom series of meetups, including a full schedule of speakers and events, plus details on how to register for free, visit www.lq.com/thankful. To book your next getaway with La Quinta visit, www.lq.com. Now through January 14, 2022, travelers can earn a free night—provided in the form of 7,500 Wyndham Rewards® points—when they stay any four nights before January 18, 2022. Full terms and conditions are available at www.wyndhamrewards.com.

Survey Methodology
The La Quinta by Wyndham Survey was conducted by Wakefield Research among 1,000 Nationally Representative U.S. Moms Ages 25-40, with “Mom” defined as those with children in the home, between October 8^th to October 13^th, 2021, using an email invitation and an online survey. Quotas have been set to ensure reliable and accurate representation of U.S. Moms Ages 25-40. The margin of error for the study is +/- 3.1%.

About La Quinta by Wyndham
With over 925 destinations globally, La Quinta by Wyndham is a bright spot in every traveler’s journey. The brand offers thoughtful amenities, friendly service and consistently delivers an exceptional guest experience that keeps travelers waking up on the bright side. For more information, visit www.lq.com. Like and follow La Quinta on Facebook and YouTube. For hotel development opportunities, visit www.wyndhamdevelopment.com.

Wyndham Ranked as #4 Among 100 U.S. Companies Recognized for Employee Sentiment and Satisfaction

PARSIPPANY, N.J., October 22, 2021 – Wyndham Hotels & Resorts, the world’s largest hotel franchising company with approximately 9,000 hotels across nearly 95 countries, was featured today in Newsweek’s Most Loved Workplaces list for 2021, ranking at #4 among the top 100 companies recognized for employee happiness and satisfaction at work. Wyndham was recognized for its positive work environment by Best Practice Institute (BPI) and Newsweek, who collaborated to identify the top companies where employee sentiment ranked highest.

“People are the heart and soul of our organization, and we strive to create memorable experiences for our team members, owners and guests. Our core values of integrity, accountability, inclusivity, caring and fun, along with Count on Me service promise, drive our growth and inspire our team members,” said Monica Melancon, chief human resource officer, Wyndham Hotels & Resorts. “A key element of our culture is our dedication to helping all team members thrive personally and professionally, which is why we continuously invest in their happiness and professional development, and in turn, attract and retain the best people.”

Through its network of over 798,000 rooms appealing to the everyday traveler, Wyndham commands a leading presence in the economy and midscale segments of the lodging industry. Spanning multiple countries and continents, Wyndham team members are a widespread group of individuals with diverse interests and backgrounds who all come together to further one of the world’s most prominent hotel organizations.

“In the wake of the pandemic, business hit hurdles in terms of retaining and attracting employees – but the companies that made this list are delivering the respect, care, and appreciation that it takes to create a positive workplace that nurtures talent,” said Nancy Cooper, Global Editor in Chief, Newsweek.

Wyndham team members are given one day of paid time-off yearly to volunteer in their communities, and have access to continuing education programs, professional development courses and a large range of affinity business groups. The company offers special recognition programs, virtual learning hours and celebrations, team member discounts and flexible working arrangements — on top of the existing, comprehensive benefits offered to Wyndham team members.

“The best way to determine the strength of a company’s culture is by measuring the degree of love employees feel for their workplace,” said Louis Carter, CEO and Founder of Best Practice Institute and Most Loved Workplace.

Earlier this year, Wyndham was named one of the best places to work in its home state of New Jersey by NJBIZ Magazine and is now recognized as one of the most loved workplaces. Newsweek identified these top 100 companies through employee survey responses, external public ratings, and direct interviews with and written responses from company officials.

The full Newsweek list of 2021’s Most Loved Workplaces will be featured in the magazine’s October 29 print edition. Click here to read more about why Wyndham was selected to the Most Loved Workplaces list.

About Newsweek
Newsweek is the modern global digital news organization built around the iconic, over 85-year-old American magazine. Newsweek reaches 100 million people each month with its thought-provoking news, opinion, images, graphics, and video delivered across a dozen print and digital platforms. Headquartered in New York City, Newsweek also publishes international editions in EMEA and Asia.

About Best Practice Institute
Best Practice Institute is an award-winning leadership and organization development center, benchmark research company, think tank, and solutions provider. BPI is the certifying body for Most Loved Workplace® and conducted the original research to create the model and criteria for becoming a Most Loved Workplace®. BPI’s research proves that Most Loved Workplaces produce 3-4 times better customer service, employee performance, and retention than companies not loved by their employees.

For more information on how to apply to become a 2022 Most Loved Workplace, go to: http://www.mostlovedworkplace.com

Refreshed Wyndham Rewards Earner Card ranked top travel and hotel co-branded credit card

PARSIPPANY, N.J. (October 8, 2021) – For the fourth consecutive year, Wyndham Rewards®, the world’s most generous rewards program spanning more than 50,000 hotels, vacation club resorts and vacation rentals worldwide, has been named the best hotel loyalty program in this year’s USA TODAY 10Best Readers’ Choice Awards. Complementing the win, the newly refreshed Wyndham Rewards Earner® Card was named the best travel and hotel co-branded credit card.

The rankings mark yet another top ranking for Wyndham Rewards this year. In August, the program was named the number one hotel rewards program by U.S. News & World Report while in May, WalletHub named the program its Best Hotel Rewards Program for a sixth consecutive year. Nominees in the USA TODAY 10Best Readers’ Choice Awards are compiled by a panel of industry experts, and winners are chosen based on daily voting from USA TODAY readers over a four-week period.

“We created Wyndham Rewards to celebrate and champion the everyday traveler,” said Lisa Checchio, chief marketing officer, Wyndham Hotels & Resorts. “To have both Wyndham Rewards and our Wyndham Rewards Earner Card be voted number one by readers of USA TODAY is yet another vote of confidence that no other program offers travelers more value, more flexibility or more places to redeem their rewards. Thank you to our 89 million enrolled members, our hotels owners and our strategic partners for making this possible.”

Wyndham Rewards is the only hotel loyalty program to offer members a guaranteed 1,000 points with every qualified stay. Free nights start at just 7,500 points per night, while discounted nights start at 1,500 points plus some cash. The program’s Member Levels (status), which are among the most attainable in travel, allow members to unlock great benefits like a preferred room, late checkout and accelerated earning and more.

Last year, Wyndham Rewards unveiled an updated credit card suite featuring the Wyndham Rewards Earner Card, the Wyndham Rewards Earner Plus Card and the Wyndham Rewards Earner Business Card, the first Wyndham credit card created specifically for small businesses. All three cards amplify rewards earned on the road, as well as everyday purchases, with 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. Interested members can learn more at www.wyndhamrewardscreditcard.com.

Forbes Advisor named the Wyndham Rewards Earner Business Card to two of its “Best of 2021” lists, declaring the card “Best for Road Warriors.” Meanwhile, the Wyndham Rewards Earner Card was named “Best for Road Trips” on the publication’s list of “Best Hotel Rewards Credit Cards.”

Wyndham and its hotels continue to offer flexible booking policies, enhanced health and safety protocols through Count on Us®, and mobile check-in and checkout through Wyndham’s award-winning mobile app. In addition, Wyndham Rewards members continue to enjoy an extension of current member benefits and paused points expiration through the end of this year.

To learn more about Wyndham Rewards, or to join for free, visit www.wyndhamrewards.com. For more information about the USA TODAY 10Best Readers’ Choice Awards, visit www.10best.com.

About Wyndham Rewards
Named the number one hotel rewards program by U.S. News & World Report and readers of USA TODAY, Wyndham Rewards® is the world’s most generous rewards program with more than 50,000 hotels, vacation club resorts and vacation rentals worldwide. Designed for the everyday traveler, members earn a guaranteed 1,000 points with every qualified stay and may redeem points for a range of rewards, including free nights at approximately 9,000 hotels or tens of thousands of vacation club resorts and vacation rentals globally through affiliation with Wyndham Destinations and others. Wyndham Rewards has 89 million enrolled members around the globe. Join for free today at www.wyndhamrewards.com. You’ve earned this.®

“Sample the World with Ramada” helps connect travelers with authentic global flavors close to home

PARSIPPANY, N.J. (September 30, 2021) – Ramada ^® by Wyndham, one of the most recognized hotel brands in the world with more than 800 hotels across over 60 countries, today launched “Sample the World® with Ramada,” a new digital video series designed to take travelers on a globally-inspired culinary journey across North America. Hosted by Grammy-nominated musician and Le Cordon Bleu-trained chef, Kelis, the series spotlights a diverse array of restaurants celebrated for both their culture and their cuisine.

At a time when so many with a love for international travel have had to temporarily put their plans on hold, Sample the World with Ramada aims to help fulfill travelers’ global appetites by connecting them with flavorful foods and rich new experiences closer to home. In the series, travelers go behind-the-scenes with owners and chefs at top restaurants to uncover their unique stories and discover the dishes that have kept their guests coming back again and again.

“My love for authentic flavors drives me in the kitchen and of course in my travels, which is why I love this campaign – it’s all about connecting travelers to the world through one of the greatest joys in life – food,” said Kelis. “The series is inspired by the amazing chefs and restaurant owners who are cooking up flavors of different cultures in their local communities.”

Ramada’s new video series debuts today at www.ramada.com/sampletheworld and offers a look at five distinct restaurants, each in a different foodie destination, that are ready and waiting to be experienced when staying at a nearby Ramada hotel. From edgy and modern Indian at Bibi Ji in Santa Barbara, Calif. to classic Jamaican comfort food at Pimento Jamaican Kitchen in Minneapolis, Minn., travelers get a first-hand look at what makes each restaurant a must-try and from there, can easily plan a visit by booking a stay at their preferred Ramada hotel. Additional restaurants are slated to be featured in the coming weeks.

“As travelers dream about one day returning to their favorite trips abroad, we want to let them know they can still discover the flavors of amazing global destinations, right here at home, when they stay with Ramada,” said Stephanie Kendrick, brand leader, Ramada by Wyndham. “Sample the World not only celebrates the rich culinary treasures around North America but serves to help our guests unlock a taste of world class cities coast-to-coast.”

To learn more about Sample the World with Ramada, or to book your next stay, visit www.ramada.com/sampletheworld. Have a restaurant you think Ramada should highlight next? Share it with us on social media using #SampleTheWorld.

About Ramada by Wyndham
With more than 800 hotels, global 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 to not only sample the world around them but for the brand’s passionate team members and full-service hospitality as well as functional meeting space, comfortable guest rooms, free Wi-Fi, and casual dining options. Visit www.ramada.com for more information. Like us on Facebook and follow us on Instagram. For development opportunities, visit www.wyndhamdevelopment.com.

Leading Global Hotel Company Honored for the Second Year in a Row for its Organizational Culture, Environment, Flexibility and Opportunities

PARSIPPANY, N.J., September 14, 2021 – Wyndham Hotels & Resorts has been named among the Best Places to Work in New Jersey by NJ Biz Magazine, for the second year in a row. This prestigious annual list recognizes the top places of employment in New Jersey that benefit the state’s economy, its workforce and its businesses.

“Our core values of integrity, accountability, inclusivity, caring and fun, as well as our Count on Me service culture are at the heart of what drives our growth and inspires the memorable experiences we create for our team members, owners and guests,” said Monica Melancon, chief human resource officer, Wyndham Hotels & Resorts. “As a result of this dedicated commitment to creating a distinctive work environment for our team members, we attract the best people, which enriches our organization and leads to our success.”

With approximately 9,000 hotels across nearly 95 countries on six continents, Wyndham Hotels & Resorts is the world’s largest hotel franchising company by the number of properties. Wyndham is committed to operating its business in a way that is socially, ethically and environmentally responsible. Through its network of over 798,000 rooms appealing to the everyday traveler, Wyndham commands a leading presence in the economy and midscale segments of the lodging industry. Wyndham Hotels & Resorts is represented in the Garden State with its global headquarters in Parsippany as well as a portfolio of company-managed and independently owned and operated franchised hotels.

Team members are provided paid time-off each year to volunteer in their communities. The Company also offers career development opportunities, including continuing education reimbursement, professional development courses and a wide range of affinity business groups. In addition to comprehensive benefits, there are special recognition programs, regular virtual learning hours and celebrations, team member discounts and flexible work arrangements. The Company also provides low and no-cost health and wellness programs, including in its Parsippany offices, access to a full-time nurse practitioner.

In response to the COVID-19 pandemic and the current work-from-home environment, Wyndham Hotels & Resorts introduced year-round “Summer Fridays,” encouraging team members to stop working at 1 p.m. on Fridays and enjoy a long weekend. Additionally, the Company introduced monthly Team Member Appreciation Days, closing the virtual office for a long weekend once a month, beginning at 3 p.m. on a Thursday, through the weekend.

Additional amenities offered at the Parsippany Campus include an on-site fitness center; an expansive, serene courtyard for team members to enjoy lunch; and various outdoor events, a credit union, coffee barista and cafeteria. Additionally, post-pandemic the company expects to return to a sprawling walking trail that surrounds the campus to promote wellness, and features a community garden, created and managed by team member volunteers who harvest fresh vegetables for donation to local food pantries.

Produced by NJBIZ and managed by Best Companies Group (BCG), the survey included evaluating each nominated company’s workplace policies, practices, philosophy, systems and demographics in addition to an associate survey to measure associate experience. The combined scores determined the top companies and the final ranking.

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