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Wyndham Hotels & Resorts Inc - WH STOCK NEWS

Welcome to our dedicated news page for Wyndham Hotels & Resorts (Ticker: WH), a resource for investors and traders seeking the latest updates and insights on Wyndham Hotels & Resorts.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Wyndham Hotels & Resorts's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Wyndham Hotels & Resorts's position in the market.

Rhea-AI Summary
Wyndham Hotels & Resorts reported strong first quarter results with global RevPAR growth, increased development pipeline, and expanded share repurchase authorization. The company saw a 1% growth in global RevPAR, 8% increase in ancillary revenues, and a 4% growth in system size. The development pipeline grew by 8% year-over-year to a record 243,000 rooms. Despite a decline in net income, the company remains optimistic about its outlook for the full year 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.72%
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Rhea-AI Summary
Travel + Leisure Co. (TNL) reported strong first quarter 2024 financial results with a net income of $66 million, $0.92 diluted earnings per share, on net revenue of $916 million. Additionally, the company achieved adjusted EBITDA of $191 million and adjusted diluted earnings per share of $0.97. The company expects second quarter adjusted EBITDA of $235 million to $245 million and reaffirms expectations for full year adjusted EBITDA of $910 million to $930 million. The Vacation Ownership segment saw a 6% increase in revenue to $725 million, driven by higher VOI sales and gross VOI sales. The Travel and Membership segment revenue decreased by 4% to $193 million due to a 6% decrease in transactions offset by a 1% increase in revenue per transaction. The company's balance sheet remains strong with a leverage ratio of 3.5x, $479 million in cash and cash equivalents, and $1.2 billion of liquidity. Share repurchases and dividend payments were also highlights of the quarter.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.39%
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Rhea-AI Summary
Wyndham Rewards has unveiled the three finalists for the Gillespie Wall Mural honoring The Greensboro Six civil rights pioneers. The finalists, Vincent Ballentine, Raman Bhardwaj, and Abel Jackson, bring diverse artistic backgrounds and experiences to the project. The mural will be installed at the historic Gillespie Golf Course in Greensboro, N.C., commemorating the legacy of The Greensboro Six and their pivotal role in desegregating the course and paving the way for diversity in golf.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.22%
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none
Rhea-AI Summary
Wyndham introduces the Wyndham Business program, offering rewards and benefits for businesses of all sizes. The program includes points on qualified business spend, employee status gifting, room discounts, direct billing, group bookings, and more. Businesses can earn a future free hotel night by joining Wyndham Rewards Business and completing a qualified stay by June 30.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.64%
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none
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Rhea-AI Summary
Wyndham Alltra opens its newest resort on the coast of the Dominican's Samaná Peninsula, with plans to expand its all-inclusive footprint by signing a new resort in Punta Cana. The newly opened Wyndham Alltra Samaná offers a stress-free, family-friendly getaway with ocean views, white sands, and all-day entertainment. Managed by Playa Hotels & Resorts, this marks Wyndham Alltra's first resort in the Dominican Republic, with another one expected to open in Punta Cana later this year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.54%
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none
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Rhea-AI Summary
Wyndham Hotels & Resorts appoints Scott Strickland as Chief Commercial Officer to lead a newly unified, technology-driven commercial organization. Strickland will oversee global sales, revenue generation, marketing, communications, and Wyndham Rewards loyalty program. Lisa Checchio, EVP and Chief Marketing Officer, will depart Wyndham Hotels & Resorts.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.47%
Tags
management
Rhea-AI Summary
Wyndham Hotels & Resorts partners with WaterWalk to rebrand 11 hotels into WaterWalk Extended Stay by Wyndham, expanding into the upscale extended stay segment. WaterWalk's unique LIVE|STAY model offers flexibility and a fresh take on extended stay experiences. The addition of WaterWalk complements Wyndham's existing extended stay brands, enhancing the Company's portfolio for various guest needs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.71%
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none
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Rhea-AI Summary
Wyndham Hotels & Resorts (WH) will host a conference call and webcast on April 25, 2024, to discuss their first quarter 2024 results and business outlook.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.43%
Tags
conferences earnings
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Rhea-AI Summary
Wyndham Hotels & Resorts partners with Minor League Baseball to offer rich Wyndham Rewards redemptions, including tickets for 2 at 2,500 points and unique experiences for 5,500 points. Members earn 1,000 points per qualified hotel stay or 10 points per dollar spent, making rewards easily attainable.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.33%
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none
Rhea-AI Summary
Wyndham Hotels & Resorts celebrates surpassing 50 hotel signings and growing the Women Own the Room initiative to over 550 members. The program aims to break down barriers for women in hotel ownership, with success stories like Christina Lambert's hotels flourishing under Wyndham's support.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.67%
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Wyndham Hotels & Resorts Inc

NYSE:WH

WH Rankings

WH Stock Data

5.85B
79.87M
2.14%
95.56%
1.32%
Hotels (except Casino Hotels) and Motels
Accommodation and Food Services
Link
US
Parsippany

About WH

wyndham hotel group is the world’s largest hotel company based on number of hotels. as both a leading hotel brand franchisor and hotel management services provider, the company’s global portfolio consists of approximately 7,700 properties and over 668,500 rooms in 71 countries. headquartered in parsippany, n.j., with offices around the globe in london, shanghai, dubai and other cities, wyndham hotel group employs more than 9,000 associates worldwide. from the upper-upscale offerings of its namesake wyndham hotels and resorts® brand, to the distinctly comfortable and familiar properties of its globally recognized days inn®, super 8® and howard johnson® brands, wyndham hotel group prides itself on providing guests and franchisees with exceptional customer service, great value and the most lodging choices around the world. wyndham rewards®, the simple-to-use, revolutionary new loyalty program from wyndham hotel group, offers members a generous points earning structure along with a flat, f