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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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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End-of-Day
-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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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.
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End-of-Day
1.62%
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Wyndham Hotels & Resorts partners with Groups360 to offer real-time rates and availability for group bookings, aiming to simplify the process for travel planners and managers across economy and midscale hotels.
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0.14%
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Wyndham Hotels & Resorts (NYSE: WH) confirmed receipt of a notice from Choice Hotels International, Inc. (NYSE: CHH) of its intent to nominate directors to the Wyndham Board of Directors at the Company's 2024 annual meeting of shareholders. The Wyndham Board considers this action as an attempt by Choice to advance its inadequate and risk-laden hostile exchange offer, which the Board unanimously determined is not in the best interests of shareholders. The Board is executing the Company's strategic plan, expected to deliver shareholder value well in excess of Choice's offer.
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-0.82%
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sbe and Wyndham Hotels & Resorts have announced the launch of Project HQ Hotels & Residences, a new smart lifestyle brand that aims to adapt legacy hotels into exceptional centers for dining, nightlife, and wellness. The brand will be affiliated with Wyndham's Registry Collection Hotels, targeting 50 open hotels by 2030. The partnership also includes strategic investment from entertainment icon and entrepreneur, Marc Anthony.
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-1.07%
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Choice Hotels International, Inc. has proposed eight independent, highly qualified individuals to stand for election at the 2024 Annual Shareholder Meeting of Wyndham Hotels & Resorts, Inc. These nominees have extensive expertise in hospitality, franchising, finance, governance, and board experience, which Choice believes will greatly benefit Wyndham shareholders. Choice is urging Wyndham shareholders to support these nominees and participate in their exchange offer to maximize shareholder value.
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-0.82%
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Wyndham Hotels & Resorts (NYSE: WH) confirmed receipt of a 40-page and 65-topic 'Second Request' from the Federal Trade Commission in connection with Choice Hotels International, Inc.'s unsolicited proposed acquisition. The prolonged review process poses significant risks to shareholders and could substantially reduce the value of Choice's offer. Wyndham will comply fully with the FTC's Second Request, extending the waiting period imposed by the Hart-Scott-Rodino Antitrust Improvements Act of 1976.
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-0.84%
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Choice Hotels International, Inc. (NYSE: CHH) issued an investor presentation disputing antitrust claims made by Wyndham Hotels & Resorts, Inc. (NYSE: WH) in connection with Choice's proposal to acquire Wyndham. Choice remains committed to completing the pro-competitive, pro-franchisee, and pro-guest combination for the benefit of both companies' franchisees, shareholders, and guests.
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Rhea-AI Sentiment
End-of-Day
1.74%
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Wyndham Hotels & Resorts, Inc.
NYSE:WH
WH Rankings
WH Stock Data
5.46B
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