Welcome to our dedicated page for Wyndham Hotels & Resorts news (Ticker: WH), a resource for investors and traders seeking the latest updates and insights on Wyndham Hotels & Resorts stock.
Wyndham Hotels & Resorts Inc (NYSE: WH), the world's largest hotel franchisor, provides investors and industry professionals with timely updates through this centralized news hub. Track official announcements spanning strategic partnerships, property expansions, and operational innovations across its 90+ country network.
This resource delivers essential updates for monitoring WH's performance in the economy/midscale lodging sector, including quarterly earnings, franchise development milestones, and technology initiatives like next-generation property management systems. Users gain insights into the company's asset-light growth strategy and award-winning loyalty programs driving its 9,000+ property portfolio.
Key content categories include mergers & acquisitions, brand development across flags like La Quinta and Ramada, sustainability efforts, and market expansion in high-growth regions. The curated feed supports analysis of WH's owner-first franchising model and competitive positioning against hospitality industry trends.
Bookmark this page for streamlined access to WH's latest regulatory filings, leadership updates, and data-driven performance metrics. Check regularly for developments impacting one of the lodging sector's most geographically diversified investment opportunities.
On April 11, 2022, Baymont by Wyndham initiated a nationwide search for the best pup-friendly travel tips to celebrate National Pet Day. The initiative invites pet parents to submit their tips, with 10 winners receiving a complimentary hotel stay and a year-long Wyndham Rewards Diamond membership. This move aims to ease travel experiences for first-time pet owners, as over 23 million households adopted pets during the pandemic. The selected tips will be featured in a travel planner set to launch later this year, demonstrating Baymont's commitment to pet-friendly hospitality.
Wyndham Hotels & Resorts (NYSE: WH) will report its first quarter 2022 earnings on April 26, 2022, at approximately 4:30 p.m. ET. A conference call hosted by CEO Geoffrey A. Ballotti and CFO Michele Allen will take place on April 27, 2022, at 8:30 a.m. ET, where they will discuss the financial results and business outlook. Investors can access the live webcast on the company's investor website. Wyndham operates around 9,000 hotels globally and offers a comprehensive loyalty program with over 92 million members.
Wyndham Hotels & Resorts has announced the opening of La Quinta Inn & Suites Santa Cruz, California, expanding its La Quinta portfolio to over 920 hotels. This new location, featuring 60 guestrooms, is strategically positioned near the Santa Cruz beach and boardwalk. The La Quinta brand continues to grow with around 180 hotels in the development pipeline across major U.S. cities. This development highlights Wyndham's strong interest from developers and solidifies its position in the economy and midscale segments.
Wyndham Hotels & Resorts has launched its economy extended-stay hotel brand, Project ECHO, aimed at enhancing owner return on investment with efficient prototypes. The company signed contracts for 50 new hotels, partnering with Sandpiper Hospitality and Gulf Coast Hotel Management. The brand targets a growing segment that saw 2021 U.S. occupancy rates surpassing 78%. Project ECHO is expected to open its first hotel in 2023, with plans for 300 hotels over the next decade across the U.S.
Wyndham Hotels & Resorts (NYSE: WH) declared a quarterly cash dividend of $0.32 per share, payable on March 31, 2022, to shareholders of record as of March 21, 2022. As the largest hotel franchising company globally, Wyndham operates around 9,000 hotels, emphasizing its strong presence in the economy and midscale lodging segments. Its Wyndham Rewards loyalty program has over 92 million enrolled members.
Wyndham Hotels & Resorts has announced the addition of two new women hoteliers as part of its "Women Own the Room" initiative, which aims to support women in the male-dominated hotel industry. The program provides financial solutions, operational support, and networking opportunities. New members include Hetal Christian, who opened a Wyndham Garden hotel in Dover, Del., and Neha Jadhav, who will launch a dual-branded La Quinta and Hawthorn Suites in Warrenton, Va. This initiative emphasizes Wyndham's commitment to increasing female representation in hotel ownership.
Wyndham Hotels & Resorts, the largest hotel franchising company globally, continues its expansion across Europe, the Middle East, Eurasia, and Africa (EMEA). In 2021, the company signed nearly 70 new hotels and anticipates further openings in 2022, enhancing its footprint in key markets. New hotel launches include 12 resorts in Europe and expansions in Turkey, Dubai, and India. The company is also introducing several brands to new locations, including its first entries into Poland and Greece. The growth reflects Wyndham's commitment to its hotel partners amidst industry challenges.
Wyndham Hotels & Resorts (NYSE: WH) reported strong financial results for Q4 and full-year 2021. U.S. RevPAR increased 9% from 2019, with a full-year net income of $244 million or $2.60 per share, compared to a loss of $132 million in 2020. Adjusted EBITDA reached $590 million, up 76% year-over-year. The company generated $426 million in net cash from operations and announced a new dividend of $0.32 per share. For 2022, Wyndham projects RevPAR growth of 12% to 16% and adjusted EBITDA between $605 million and $625 million, reflecting its recovery and growth strategy.
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