Wyndham Hotels & ResortsNYSE: WH

Milestone comes as China looks to become world's largest travel and tourism market by 2035; builds on Wyndham's reacquisition of direct franchising rights for Days Inn in 2019 SHANGHAI , Oct. 29, 2024 /PRNewswire/ -- Wyndham Hotels & Resorts surpassed a major milestone in China: signing nearly 600 direct franchise agreements across the country in just five years. The achievement is a testament to Wyndham's owner-first approach to franchising and increased efforts in recent years to reduce its reliance for growth on master licensees—a move underscored in 2019 when the Company reacquired direct franchising rights for its Days Inn brand in China.

Initial deals expand Wyndham's upscale extended-stay footprint bringing fiveresidence-style accommodations to urban destinations across the U.S. PARSIPPANY, N.J. , Oct. 28, 2024 /PRNewswire/ -- Guests seeking contemporary, upscale residence-style accommodations in urban destinations now have new offerings to consider in key cities like Houston, Washington D.C and more as a result of a 10-year development relationship between Wyndham Hotels & Resorts, the world's largest hotel franchisor, and Reside, a leading residential hospitality management company.

Wyndham Hotels' Q3 2024 EPS met expectations, with ancillary revenue growth and operating margin expansion driving a +10% YoY bottom-line increase. WH has revised its FY 2024 EPS guidance upward and expressed confidence in achieving FY 2026 financial targets. WH is trading at a discount to its hospitality peers based on the EV/EBITDA valuation metric.

Wyndham Hotels & Resorts, Inc. (NYSE:WH ) Q3 2024 Earnings Conference Call October 24, 2024 8:30 AM ET Company Participants Matt Capuzzi - SVP, IR Geoff Ballotti - CEO Michele Allen - CFO and Head of Strategy Conference Call Participants Joe Greff - JP Morgan Stephen Grambling - Morgan Stanley Michael Bellisario - Baird David Katz - Jefferies Ian Zaffino - Oppenheimer Patrick Scholes - Truist Securities Brandt Montour - Barclays Lizzie Dove - Goldman Sachs Steve Pizzella - Deutsche Bank Meredith Jensen - HSBC Operator Welcome to the Wyndham Hotels & Resorts Third Quarter 2024 Earnings Conference Call. At this time, all participants have been placed on a listen only mode and the floor will be open for your questions following the presentation [Operator Instructions].

While the top- and bottom-line numbers for Wyndham (WH) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Company Raises Full-Year 2024 EPS Outlook and Reaffirms Remaining Outlook Grows System Size by 4% and Development Pipeline by 5% PARSIPPANY, N.J. , Oct. 23, 2024 /PRNewswire/ -- Wyndham Hotels & Resorts (NYSE: WH) today announced results for the three months ended September 30, 2024.

Besides Wall Street's top -and-bottom-line estimates for Wyndham (WH), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended September 2024.

Wyndham (WH) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

CLEVELAND , Oct. 4, 2024 /PRNewswire/ -- Brown Gibbons Lang & Company (BGL) is pleased to announce the completion of the brand conversion and financial restructuring of three new Wyndham hotels accounting for 397 keys, on behalf of the hotels' owners, Ceres Enterprises and The Orlean Company. The hotels include the 113-key Wyndham Avon (OH), the 132-key Wyndham Noblesville (IN), and the 152-key Wyndham Westfield (IN).