Wyndham Hotels & Resorts Inc Stock Price, News & Analysis

Wyndham Hotels & Resorts (WH) reported strong Q1 2022 results, with Global RevPAR rising 39% year-over-year in constant currency. Diluted EPS increased to $1.14 from $0.26, and net income soared to $106 million compared to $24 million a year prior. The company's development pipeline expanded by 9%, reaching 204,000 rooms, and free cash flow reached $125 million. Notably, Wyndham exited its select-service management business, bolstering its financial position. The outlook for 2022 remains stable, with RevPAR growth projected at 12%-16% and adjusted EBITDA around $605-$625 million.

Wyndham Hotels & Resorts (NYSE: WH) has released a consumer study indicating high demand for all-inclusive resorts, with 75% of travelers favoring all-inclusive trips. The brand launched Wyndham Alltra to meet this demand, featuring the family-friendly Wyndham Alltra Cancun and adults-only Wyndham Alltra Playa del Carmen in Mexico. With a strategic alliance with Playa Hotels & Resorts, Wyndham aims to offer affordable, upscale vacation experiences. The study also noted that 65% plan working vacations, with beaches and Mexico as top choices.

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.