Wyndham Hotels & Resorts Inc Stock Price, News & Analysis

Wyndham Hotels & Resorts announced the launch of its Microtel Lift Incentive Program, committing over $40 million for hotel renovations over the next three years. This program, designed for Microtel franchisees in the U.S., offers forgivable funding of up to $2,000 per room to support renovations that reflect the brand's new Moda design prototype. This investment follows the successful LQUp Incentive Program for La Quinta, aiming to enhance guest experiences and franchisee success.

Wyndham Hotels & Resorts (NYSE: WH) reported its Q2 2021 results, showing significant recovery from the pandemic. Diluted EPS reached $0.73, up from a loss of $1.86 in Q2 2020, with adjusted EPS at $0.95. Net income surged to $68 million, compared to a net loss of $174 million last year. Adjusted EBITDA increased to $168 million, reflecting a 155% rise. The company also saw a 67% increase in fee-related revenues. A 50% dividend increase to $0.24 per share was approved, signaling strong cash flow with $104 million in free cash flow generated. RevPAR increased 110% over 2020 but declined 17% compared to 2019.

Wyndham Hotels & Resorts has opened the La Quinta Inn & Suites by Wyndham Nashville Downtown/Stadium, featuring the new Del Sol prototype. The hotel includes 205 guest rooms, event space, and modern amenities aimed at both business and leisure travelers. Wyndham's La Quinta brand is experiencing growth, with 175 hotels in the development pipeline, including locations in Austin, Brooklyn, and Denver. The brand reported a 490 basis point increase in RevPAR Index in 2020, reflecting strong market performance.

Wyndham Hotels & Resorts has announced the opening of the H2 Hotel Budapest, the first Trademark Collection property in Hungary. This addition expands Wyndham's presence in Europe and enhances its portfolio in the region. The hotel features 157 rooms and is strategically located near key attractions in Budapest. This development aligns with Wyndham's growth strategy for the Trademark Collection brand, which now encompasses 115 hotels worldwide. The collaboration with H-Hotels.com is pivotal for this expansion, highlighting Wyndham's commitment to unique hospitality experiences.

Wyndham Hotels & Resorts (NYSE: WH) will report its second quarter 2021 financial results on July 28, 2021, at approximately 4:30 p.m. ET. A conference call featuring CEO Geoffrey A. Ballotti and CFO Michele Allen is scheduled for July 29, 2021, at 8:30 a.m. ET to discuss the results and explore the company's business outlook. Investors can access the call through the company's website or by calling 877-876-9173. Wyndham, the largest hotel franchising company with over 8,900 hotels worldwide, emphasizes its growth and expansion in the economy and midscale segments.

Wyndham Hotels & Resorts (NYSE: WH) is presenting at the Jefferies 2021 Consumer Conference today at 9:45 a.m. ET. CEO Geoffrey A. Ballotti and CFO Michele Allen will represent the company. Investors can listen to a live audio webcast on the company’s investor relations website, with a replay available for 30 days. Wyndham is the largest hotel franchising company globally, boasting over 8,900 hotels and 797,000 rooms across nearly 95 countries. Its portfolio includes 20 brands and the Wyndham Rewards program, featuring 87 million members.

Wyndham Hotels & Resorts (NYSE: WH) announced that CEO Geoffrey A. Ballotti and CFO Michele Allen will participate in the Jefferies 2021 Consumer Conference on June 22, 2021, at 9:45 a.m. ET. A live audio webcast will be accessible via the investor relations section of the company's website, with a replay available for 30 days. Wyndham is the largest hotel franchising company globally, with over 8,900 hotels in nearly 95 countries and a leading presence in the economy and midscale lodging segments.

Wyndham Hotels & Resorts has demonstrated strong momentum in new construction, executing nearly 100 deals from April 2020 to March 2021, achieving about 90% of pre-pandemic levels. The company’s construction pipeline now includes over 260 hotels, contributing to a total pipeline of 950 hotels, which will add approximately 140,000 rooms. In Q2 2021, several La Quinta and Microtel prototypes opened, and 35 dual-brand hotels are under development. Wyndham aims to capitalize on diverse customer segments with these innovative concepts.

Wyndham Hotels & Resorts is launching a summer promotion titled "Stay Two Nights, Earn a Free Night," encouraging travelers to book direct and enjoy up to three free nights. Members of Wyndham Rewards can earn 6,500 bonus points for each two-night stay, totaling 7,500 points for a free night. Bookings must be made through Wyndham Rewards by September 2, 2021, with stays completed by September 6, 2021. The promotion highlights Wyndham's commitment to welcoming back travelers with flexible policies and extend member benefits through the end of the year.