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.
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.
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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.
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End-of-Day
0.67%
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Wyndham Hotels & Resorts (WH) responds to Choice Hotels International, Inc.'s (CHH) withdrawal of exchange offer and nominees for the Board of Directors. The company expresses confidence in its standalone strategy and growth prospects.
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End-of-Day
5.57%
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Choice Hotels International, Inc. (CHH) announced the expiration of the exchange offer to acquire Wyndham Hotels & Resorts, Inc. (WH) shares, along with the withdrawal of independent director candidates for Wyndham's 2024 Annual Meeting. The company also increased its share repurchase authorization by five million shares, totaling approximately 6.8 million shares. Despite unsuccessful negotiations with Wyndham, Choice remains focused on its standalone strategy to create long-term value for stockholders and franchisees.
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Rhea-AI Sentiment
End-of-Day
5.57%
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Wyndham Hotels & Resorts urges shareholders to support only its highly-qualified director nominees to protect their investment and future. The company highlights the inadequacies of Choice Hotels International's offer and emphasizes the expertise of its nominees in overseeing Wyndham's global strategy.
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Rhea-AI Sentiment
End-of-Day
5.57%
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Choice Hotels International, Inc. urges Wyndham Hotels & Resorts, Inc. stockholders to tender their shares into the exchange offer to engage constructively. Choice intends to either extend or terminate the offer based on participation, aiming to nominate independent directors for Wyndham's board. Despite offering a value of $90 per share, Wyndham has not provided specific feedback on transaction terms. Choice emphasizes the benefits of a merger, regulatory approvals, and the need for Wyndham stockholders to send a message to the board.
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End-of-Day
4.66%
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Wyndham Hotels & Resorts, Inc. (WH) declared a quarterly cash dividend of $0.38 per share, a 9% increase from 2023, payable on March 29, 2024, to shareholders of record as of March 15, 2024.
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End-of-Day
-0.76%
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WH announces a new promotion offering up to two free nights for customers staying two nights or more, aiming to attract more guests and increase occupancy rates.
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-0.08%
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Days Inn by Wyndham offers two Solar Sun-terns a $10,000 payday to witness the 2024 total solar eclipse from a private helicopter, capturing the experience for social media. The Sun-terns will receive a photography class, accommodation, travel stipend, and Days Inn swag, along with the opportunity to inspire others through their social media channels.
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0.74%
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Travel + Leisure Co. (TNL) reported strong financial results for Q4 and full-year 2023, with net income of $129 million and $396 million respectively. Adjusted EBITDA for Q4 was $240 million and $908 million for the full year. The company repurchased $40 million of common stock in Q4 and $307 million for the full year. The outlook for FY 2024 shows an expected Adjusted EBITDA of $910-$930 million. The acquisition of Accor Vacation Club in Asia-Pacific is a key highlight for the company.
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Rhea-AI Sentiment
End-of-Day
5.54%
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Wyndham Hotels & Resorts (WH) announced a 9% increase in quarterly dividend, with strong financial results for Q4 2023 and full-year 2023. The company reported a record high global system-wide rooms growth, opened 66,000 organic rooms, and improved retention rates. The development pipeline grew by 10% to 240,000 rooms. Despite challenges from Choice Hotels, the company saw accelerated room openings and franchisee engagement. RevPAR declined in the U.S. but grew internationally. Adjusted EBITDA increased by 6% in Q4 and 2023. The company returned $515 million to shareholders through share repurchases and dividends. The Board authorized a 9% dividend increase to $0.38 per share. The full-year 2024 outlook includes rooms growth of 3-4%, global RevPAR growth of 2-3%, and adjusted EBITDA of $690-$700 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.62%
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Wyndham Hotels & Resorts, Inc.
NYSE:WH
WH Rankings
WH Stock Data
5.98B
79.87M
2.14%
95.56%
1.32%
Hotels (except Casino Hotels) and Motels
Accommodation and Food Services
United States of America
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