Wyndham Hotels & Resorts Inc Stock Price, News & Analysis

Wyndham Hotels & Resorts (NYSE: WH) reported robust Q3 2021 results, with U.S. RevPAR 7% above pre-pandemic levels and 59% year-over-year growth. Diluted EPS increased to $1.09 from $0.29 in Q3 2020, with net income rising to $103 million from $27 million. Adjusted EBITDA reached $194 million, doubling from the prior year. The company announced a 33% dividend increase to pre-pandemic levels. Additionally, its development pipeline expanded, exceeding 1,450 hotels internationally, indicating strong growth momentum in the recovering travel sector.

Travel + Leisure Co. (NYSE:TNL) reported strong third quarter 2021 results, achieving a net income of $101 million, or $1.15 per diluted share, on revenues of $839 million. The company's adjusted EBITDA was $228 million, with adjusted diluted EPS of $1.19. Cash flow metrics were robust, with $435 million from operations and adjusted free cash flow of $128 million for the first nine months. The company raised its full-year adjusted EBITDA guidance to $740-$750 million and diluted EPS guidance to $3.35-$3.43. A fourth-quarter dividend of $0.35 per share is recommended, following a $1 billion credit facility renewal and a $350 million securitization.

La Quinta by Wyndham announces the launch of "Thankful for Mom", a virtual meetup series designed to support and connect moms facing increasing challenges due to the pandemic. Kicking off on November 3 and running through November 17, the series features experts sharing insights on managing family travel stress. A recent survey by La Quinta found that over 60% of vacation planning falls on moms, with 82% citing increased stress in planning family getaways. The series aims to alleviate these burdens, providing resources and community support for mothers.

Wyndham Rewards has been named the best hotel loyalty program for the fourth consecutive year in the USA TODAY 10Best Readers' Choice Awards. Additionally, the Wyndham Rewards Earner® Card has been recognized as the best travel and hotel co-branded credit card.

Wyndham Rewards, with over 89 million enrolled members, offers guaranteed 1,000 points per qualified stay, with free nights starting at just 7,500 points. The program has received high ratings from U.S. News & World Report and WalletHub earlier this year, further solidifying its market position.

Wyndham Hotels & Resorts (NYSE: WH) has launched a new all-inclusive resort brand, Wyndham Alltra, in partnership with Playa Hotels & Resorts (NYSE: PLYA). This marks Wyndham's 22^nd brand, catering to the upper-midscale all-inclusive segment. The first resorts, Wyndham Alltra Cancun and Wyndham Alltra Playa del Carmen, are set to open post-renovation by December 2021. Wyndham aims to leverage its 89 million Wyndham Rewards members to enhance guest experiences and drive sales through this alliance, offering unique amenities and dining options.

Wyndham Hotels & Resorts (NYSE: WH) will announce its third quarter 2021 results on October 27, 2021 at approximately 4:30 p.m. ET. CEO Geoffrey A. Ballotti and CFO Michele Allen will discuss the results and business outlook in a conference call on October 28, 2021, at 8:30 a.m. ET. Investors can listen to the live webcast on the company's investor website. Wyndham, the largest hotel franchising company globally, operates about 9,000 hotels across 95 countries, providing a strong presence in the economy and midscale lodging segments.

Wyndham Hotels & Resorts has been recognized as one of the Best Places to Work in New Jersey for the second consecutive year by NJ Biz Magazine. This accolade highlights the company's commitment to a supportive work environment, driven by core values of integrity, inclusivity, and a focus on employee experiences. With roughly 9,000 hotels across 95 countries, Wyndham prioritizes social responsibility and employee well-being through various benefits, including paid volunteer time and career development opportunities.