Wyndham Hotels & Resorts Inc Stock Price, News & Analysis

Wyndham Hotels & Resorts has partnered with Rover to offer U.S. guests $30 off their first Rover pet service when booking a stay at any By Wyndham hotel. This collaboration responds to the increasing trend of dog adoptions during the COVID-19 pandemic, with polls indicating nearly half of recent pet owners acquired dogs during this time. The partnership aims to ease travel for pet parents by providing affordable pet care solutions, enhancing the experience for those traveling with or without their pets.

Wyndham Hotels & Resorts has announced seven new hotel franchise agreements for its Wyndham brand in the U.S. These hotels will be managed by Charlestowne Hotels and include five lifestyle hotels from The Thrash Group's Origin Hotel Collection. The new properties will contribute to Wyndham's expansive portfolio of approximately 9,000 hotels worldwide. This growth is aimed at enhancing operational efficiency and connecting to the acclaimed Wyndham Rewards loyalty program, benefiting both guests and hotel owners.

Wyndham Hotels & Resorts expands its presence in Gujarat with the opening of the Wyndham Ahmedabad Shela, adding to its portfolio of over 4,000 hotel rooms in India. The new hotel features 65,000 square feet of meeting space, accommodating up to 3,500 guests, alongside various amenities like pools and a spa. Wyndham has executed 18 new franchise agreements and is developing 11 new hotels in India, enhancing its market position. The company was recognized for its strong hospitality development at the South Asian Travel Awards.

Wyndham Hotels & Resorts has expanded into Nepal with the opening of the Ramada Encore by Wyndham Kathmandu-Thamel, adding 90 rooms to its portfolio. This new hotel is part of a revitalization project in Kathmandu's commercial hub, near key attractions including the base camp for Mount Everest and the Garden of Dreams. With over 50 operational properties in the Indian subcontinent, Wyndham plans to develop 30 more in India, Bhutan, Bangladesh, and Pakistan by 2025. The hotel features modern amenities such as a rooftop pool, spa, and versatile meeting space.

Wyndham Hotels & Resorts (NYSE: WH) will announce its fourth quarter and full-year 2020 results on February 10, 2021, at approximately 5:00 p.m. ET. Following this, CEO Geoffrey A. Ballotti and CFO Michele Allen will host an investor call on February 11, 2021, at 8:30 a.m. ET to discuss the results and outlook. Wyndham operates around 9,000 hotels globally and has a leading presence in the economy and midscale segments of the lodging industry, with a loyalty program boasting 85 million members.

Wyndham Hotels & Resorts (NYSE: WH) announced the departure of Chief Administrative Officer Mary R. Falvey, effective March 1, 2021, after a 22-year career with the company. CEO Geoffrey A. Ballotti expressed gratitude for Falvey's contributions, highlighting her role in building the company's culture. The company also named Monica Melancon, formerly its human resource leader for managed hotel operations in North America, as the new Chief Human Resource Officer, effective the same day. Melancon has extensive experience, including a significant role at Target.

Wyndham Hotels & Resorts announced the opening of two new properties in Dubai, enhancing its presence in the UAE. The upscale Wyndham Dubai Deira features 290 rooms and suites, while the budget-friendly Super 8 by Wyndham Dubai Deira marks the brand's debut in the UAE. Both hotels are part of the Deira Enrichment Project, aiming to cater to varying accommodation needs in the region. Wyndham now operates 16 hotels in the UAE and is set to open another property, Days Hotel by Wyndham Dubai Deira, in 2021.

Wyndham Hotels & Resorts is set to open the Wyndham Grand® Adelaide in 2024, marking its first venture into Australia. This landmark hotel will rise 120 meters in Adelaide's Central Business District and is estimated to cost AUD150 million. Featuring 347 rooms, the hotel will provide luxury facilities including a rooftop restaurant, an infinity pool, and a day spa. This development aligns with the ongoing investment surge in South Australia, enhancing Wyndham's portfolio in the region, which currently includes nearly 30 hotels across major cities.