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.
Wyndham Hotels & Resorts announces the opening of Hotel Avenue Louise Brussels, the first Trademark Collection hotel in Belgium. Located in central Brussels, the hotel underwent a $3.1 million refurbishment and features 78 guest rooms, a rooftop business center, and local dining options. This opening continues the brand's international expansion, which includes future properties in Budapest and San Francisco. The Trademark Collection by Wyndham offers distinctive accommodations, reinforcing Wyndham's commitment to independent hoteliers and growing its global presence in the hospitality sector.
Wyndham Hotels & Resorts is launching 'Operation Out of Office,' aimed at recognizing one deserving American with two weeks of vacation and a $5,000 paycheck. Nominations are open until April 6, 2021, where the winner will share their travel experiences on social media. The initiative highlights that U.S. workers left an average of 33% of their paid time off unused last year. The winner will receive accommodations at Wyndham hotels and a $250 daily travel stipend, promoting the importance of taking time off for relaxation.
Wyndham Hotels & Resorts (NYSE: WH) is presenting at the J.P. Morgan Gaming, Lodging, Restaurant & Leisure Management Access Forum today at 10:15 a.m. ET. CEO Geoffrey A. Ballotti and CFO Michele Allen will represent the company. Investors can access a live audio webcast on the company's investor relations website, which will also host a replay for 30 days thereafter. Wyndham is the largest hotel franchising company globally with over 8,900 hotels, and 796,000 rooms across nearly 95 countries, showcasing a strong presence in the economy and midscale lodging sectors.
Wyndham Hotels & Resorts (NYSE: WH) announced that CEO Geoffrey A. Ballotti and CFO Michele Allen will present at the J.P. Morgan Gaming, Lodging, Restaurant & Leisure Management Access Forum on March 11, 2021, at 10:15 a.m. ET.
A live audio webcast of the presentation will be available on the company's investor relations website, with a replay accessible for 30 days.
Wyndham is the largest hotel franchising company globally, with over 8,900 hotels and approximately 796,000 rooms across nearly 95 countries.
Wyndham Hotels & Resorts (NYSE: WH) has declared a quarterly cash dividend of $0.16 per share, a 100% increase from the previous $0.08 dividend paid in 2020. The dividend is payable on March 31, 2021, to shareholders of record as of March 17, 2021. Wyndham, the world's largest hotel franchising company with over 8,900 properties, continues to demonstrate its commitment to shareholder returns amid ongoing industry challenges.
Wyndham Hotels & Resorts announces the launch of its La Quinta by Wyndham brand in the Middle East with a new 100-room hotel in Dubai, set to open in March 2021. This location marks the 75th La Quinta property since its acquisition in 2018. The hotel will be situated in Bur Dubai, near major attractions and business hubs. It will feature modern guest amenities, including an outdoor pool, spa, fitness center, and meeting space. Wyndham continues to expand globally, with La Quinta now present in nine countries and plans for eight more hotels in the Dominican Republic.
Wyndham Hotels & Resorts has opened its first hotel in Cambodia, the Howard Johnson Plaza by Wyndham Blue Bay Sihanoukville, marking a milestone in its expansion in Southeast Asia. The 522-key upscale hotel features luxurious amenities, including a spa, fitness center, and multiple dining options, situated at Independence Beach. Wyndham aims to leverage its robust pipeline for further growth, anticipating over 100 new openings in Southeast Asia within the next 3-5 years, enhancing its brand presence and value for Wyndham Rewards members.
Wyndham Hotels & Resorts (NYSE: WH) reported Q4 2020 results showing a diluted loss per share of $0.08 and a net loss of $7 million. Full-year losses reached $132 million, with adjusted net income of $96 million. Global RevPAR declined 33% for Q4 and 35% for the year. Revenues fell from $492 million in Q4 2019 to $296 million in Q4 2020, primarily due to COVID-19 impacts. The company has a cash balance of $493 million and increased its quarterly dividend by 100% to $0.16, highlighting strong adjusted EBITDA and free cash flow despite challenges.
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