Investor Presentation October 23, 2025 WYNDHAM HOTELS & RESORTS La Quinta Inn & Suites by Wyndham Phoenix, Arizona, USA Opened August 2025 Introduction to Wyndham Hotels & Resorts Largest hotel franchisor worldwide(a) Leading brands in the resilient select-service segment Asset-light business model generating significant free cash flow Primarily leisure-focused, "drive to" portfolio of hotels ~8.300" Hotels ~855,000~ Current Rooms ~257,000 ~70% Leisure Guest Mix Data is approximated as of September 30, 2025 ...

For the quarter ended September 2025, Wyndham Hotels (WH) reported revenue of $382 million, down 3.5% over the same period last year. EPS came in at $1.46, compared to $1.39 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $402.09 million, representing a surprise of -5%. The company delivered an EPS surprise of +2.82%, with the consensus EPS estimate being $1.42.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Stree ...

Wyndham Hotels (WH) came out with quarterly earnings of $1.46 per share, beating the Zacks Consensus Estimate of $1.42 per share. This compares to earnings of $1.39 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +2.82%. A quarter ago, it was expected that this hotel and resort chain would post earnings of $1.16 per share when it actually produced earnings of $1.33, delivering a surprise of +14.66%.Over the last four quarters, ...

The hospitality company cut its full-year outlook after logging lower-than-expected revenue in the third quarter. ...

[Executive Summary & Third Quarter Highlights](index=1&type=section&id=Executive%20Summary%20%26%20Third%20Quarter%20Highlights) Wyndham Hotels & Resorts reported resilient Q3 2025 results, showcasing growth in system size and development pipeline, alongside significant shareholder returns [Q3 2025 Performance Highlights](index=1&type=section&id=Q3%202025%20Performance%20Highlights) Wyndham Hotels & Resorts reported resilient third-quarter 2025 results, demonstrating growth in system size and development pipeline, alongside double-digit growth in ancillary revenues, despite a challenging macro environment. The company also returned $101 million to shareholders - Amid a challenging macro backdrop, Wyndham delivered **record year-to-date organic room openings** and grew its **global pipeline to an all-time high**[2](index=2&type=chunk) Q3 2025 Key Performance Indicators (YoY Change) | Metric | Q3 2025 YoY Change | | :-------------------------------- | :------------------ | | System-wide rooms | +4% | | Development contracts awarded | +24% | | Development pipeline | +4% | | Ancillary revenues | +18% | | Diluted EPS | +5% to $1.36 | | Adjusted diluted EPS | +5% to $1.46 | | Net income | +3% to $105 million | | Adjusted net income | +2% to $112 million | | Adjusted EBITDA | +2% to $213 million | | Shareholder returns | $101 million (repurchases & dividends) | [Reporting Methodology Update](index=2&type=section&id=Reporting%20Methodology%20Update) This section details Wyndham's revised reporting methodology, specifically the exclusion of Super 8 China rooms from key operational metrics starting Q2 2025 [Super 8 China Exclusion](index=2&type=section&id=Super%208%20China%20Exclusion) Effective Q2 2025, Wyndham revised its reporting to exclude rooms under the Super 8 China master license agreement from system size, RevPAR, and royalty rate metrics, though financial fees from this agreement continue to be reflected - Beginning in **Q2 2025**, the Company revised its reporting methodology to exclude the impact of all rooms under the **Super 8 China master license agreement** from its reported **system size, RevPAR and royalty rate**, and corresponding growth metrics[4](index=4&type=chunk) - Financial results will continue to reflect fees from the Super 8 master licensee in China, which contributed less than **$3 million** to the Company's **full-year 2024 consolidated adjusted EBITDA**[4](index=4&type=chunk) [Operational Performance](index=2&type=section&id=Operational%20Performance) Wyndham's global system size and development pipeline grew, reaching record highs, while global RevPAR experienced a decline in Q3 2025 [System Size and Development](index=2&type=section&id=System%20Size%20and%20Development) Wyndham's global system size grew 4% year-over-year, reaching 855,400 rooms, with notable growth in higher RevPAR segments and regions. The development pipeline also hit a record high of 257,000 rooms, driven by a 24% increase in new contracts Global System Size (Rooms) as of September 30 | Region | 2025 (Rooms) | 2024 (Rooms) | YOY Change (bps) | | :------------- | :----- | :----- | :--------- | | United States | 503,400 | 500,600 | +60 | | International | 352,000 | 322,600 | +910 | | Global | 855,400 | 823,200 | +390 | - Global system grew **4%** including **2% growth** in higher RevPAR midscale and above segments in the U.S. and **7% growth** in higher RevPAR EMEA and Latin America regions[5](index=5&type=chunk) - The development pipeline reached a **record 257,000 rooms** (**2,180 hotels**), a **4% year-over-year increase**, with **204 new contracts** awarded globally (**+24% YoY**)[6](index=6&type=chunk)[7](index=7&type=chunk) - Approximately **70% of the pipeline** is in midscale and above segments (which grew **4% YoY**), **17% in extended stay**, and **58% is international**. About **75% of the pipeline** is new construction, with **36% of these projects** having broken ground[7](index=7&type=chunk) [RevPAR Performance](index=2&type=section&id=RevPAR%20Performance) Global RevPAR decreased by 5% in constant currency for Q3 2025, primarily due to declines in the U.S. (5%) and internationally (2%), with Asia Pacific and Latin America being key drivers of the international decline. This was partially offset by growth in EMEA and Canada Third Quarter 2025 RevPAR (Constant Currency YoY Change) | Region | Q3 2025 RevPAR ($) | YoY Constant Currency % Change | | :------------- | :------------- | :----------------------------- | | United States | $55.07 | (5%) | | International | $43.11 | (2%) | | Global | $50.05 | (5%) | - U.S. RevPAR performance reflected a **300 basis-point reduction** in occupancy and a **200 basis-point decline** in ADR, with softer results in Texas, Florida, and California partially offset by strength in the Midwest[8](index=8&type=chunk) - Internationally, the decrease was primarily driven by Asia Pacific (including China, where RevPAR declined **10%**) and Latin America (RevPAR declined **5%**), partially offset by **4% growth** in EMEA and **8% growth** in Canada, reflecting pricing power[8](index=8&type=chunk) [Financial Results](index=3&type=section&id=Financial%20Results) This section covers Wyndham's Q3 2025 operating results, balance sheet, liquidity, and shareholder returns, detailing revenue and profit changes, cash flow, and capital allocation [Third Quarter Operating Results](index=3&type=section&id=Third%20Quarter%20Operating%20Results) Wyndham reported a slight increase in net income and adjusted EBITDA for Q3 2025, despite a decline in fee-related and other revenues. Marketing fund variability had a favorable impact on adjusted EBITDA and EPS Q3 2025 Operating Results (vs. Q3 2024) | Metric | Q3 2025 ($M) | Q3 2024 ($M) | Change ($M) | | :-------------------------- | :------ | :------ | :----- | | Fee-related and other revenues | $382 | $394 | ($12) | | Net Income | $105 | $102 | $3 | | Adjusted Net Income | $112 | $110 | $2 | | Adjusted EBITDA | $213 | $208 | $5 | | Diluted EPS | $1.36 | $1.29 | $0.07 | | Adjusted Diluted EPS | $1.46 | $1.39 | $0.07 | - Fee-related and other revenues declined **3%** on a comparable basis, reflecting a **5% RevPAR decline** and lower other franchise fees, partially offset by an **18% increase** in ancillary revenue, royalty rate expansion, and global net room growth[10](index=10&type=chunk)[11](index=11&type=chunk) - Adjusted EBITDA remained flat on a comparable basis, excluding a **$6 million favorable impact** from marketing fund variability. Lower royalties and franchise fees, along with elevated costs (insurance, litigation, employee benefits), were offset by cost containment measures[10](index=10&type=chunk)[11](index=11&type=chunk) [Balance Sheet and Liquidity](index=4&type=section&id=Balance%20Sheet%20and%20Liquidity) The company generated strong cash flow in Q3 2025 and maintained a healthy liquidity position. Wyndham also successfully refinanced its revolving credit facility, increasing capacity and extending maturity Q3 2025 Cash Flow and Liquidity | Metric | Amount | | :-------------------------------- | :----- | | Net cash provided by operating activities | $86 million | | Free cash flow | $97 million | | Cash balance (Sept 30, 2025) | $70 million | | Total liquidity (Sept 30, 2025) | ~$540 million | | Net debt leverage ratio (Sept 30, 2025) | 3.5x | - In October 2025, the Company refinanced its **$750 million revolving credit facility**, extending maturity to **October 2030**, increasing capacity by **$250 million to $1 billion**, and reducing borrowing costs by **35 basis points**[14](index=14&type=chunk) [Share Repurchases and Dividends](index=4&type=section&id=Share%20Repurchases%20and%20Dividends) Wyndham continued to return capital to shareholders through significant share repurchases and quarterly cash dividends during the third quarter of 2025 Shareholder Returns (Q3 2025 & YTD) | Metric | Q3 2025 | Year-to-Date (Sept 30) | | :----------------------- | :---------- | :----------------------- | | Shares repurchased | ~830,000 shares | ~2.5 million shares | | Value of repurchases | $70 million | $223 million | | Common stock dividends paid | $31 million | N/A | | Dividend per share | $0.41 | N/A | - The increase in diluted EPS and adjusted diluted EPS primarily reflects the benefit of a **lower share count** due to share repurchase activity[17](index=17&type=chunk) [Full-Year 2025 Outlook](index=5&type=section&id=Full-Year%202025%20Outlook) Wyndham updated its full-year 2025 financial guidance, revising expectations for global RevPAR, revenues, and profitability metrics downwards due to market conditions [Updated 2025 Guidance](index=5&type=section&id=Updated%202025%20Guidance) Wyndham updated its full-year 2025 outlook, maintaining rooms growth expectations but revising global RevPAR, fee-related revenues, Adjusted EBITDA, Adjusted Net Income, and Adjusted Diluted EPS downwards, reflecting current market conditions Full-Year 2025 Outlook Update | Metric | Updated Outlook | Prior Outlook | | :-------------------------------- | :-------------------- | :-------------------- | | Year-over-year rooms growth | 4.0% - 4.6% | 4.0% - 4.6% | | Year-over-year global RevPAR growth (constant currency) | (3%) - (2%) | (2%) - 1% | | Fee-related and other revenues ($ billion) | $1.43 - $1.45 | $1.45 - $1.49 | | Adjusted EBITDA ($ million) | $715 - $725 | $730 - $745 | | Adjusted net income ($ million) | $347 - $358 | $358 - $372 | | Adjusted diluted EPS ($) | $4.48 - $4.62 | $4.60 - $4.78 | | Adjusted free cash flow conversion rate | ~57% | ~57% | - The Company expects marketing fund expenses to exceed revenues by approximately **$5 million** during full-year 2025, an intentional investment expected to be recovered in future periods[18](index=18&type=chunk) [Additional Information](index=5&type=section&id=Additional%20Information) This section provides practical details for accessing conference calls, clarifies the use of non-GAAP financial measures, offers company background, and includes cautionary forward-looking statements [Conference Call Information](index=5&type=section&id=Conference%20Call%20Information) Details for accessing Wyndham Hotels' Q3 2025 earnings conference call and webcast replay are provided - A conference call to discuss results and outlook was scheduled for **Thursday, October 23, 2025, at 8:30 a.m. ET**, accessible via webcast at https://investor.wyndhamhotels.com or by dialing **800 343-4136**[20](index=20&type=chunk) [Presentation of Financial Information](index=5&type=section&id=Presentation%20of%20Financial%20Information) This section clarifies the use of non-GAAP financial measures, explaining their purpose for management and investors in assessing operating performance and comparability - Non-GAAP measures are used to illustrate relevant period-over-period comparisons and provide additional tools for understanding and assessing ongoing operating performance[21](index=21&type=chunk) - Management uses these measures internally to assess operating performance, compare to other companies, and make day-to-day operating decisions, including compensation evaluations[21](index=21&type=chunk) - Non-GAAP measures should not be considered in isolation or as a substitute for GAAP results and may not be comparable to similarly-titled measures used by other companies[21](index=21&type=chunk) [About Wyndham Hotels & Resorts](index=6&type=section&id=About%20Wyndham%20Hotels%20%26%20Resorts) Wyndham Hotels & Resorts is the world's largest hotel franchising company, operating a portfolio of 25 brands across approximately 100 countries, primarily in the economy and midscale segments, supported by its Wyndham Rewards loyalty program - Wyndham Hotels & Resorts is the **world's largest hotel franchising company** by number of franchised properties, with approximately **8,300 hotels** across approximately **100 countries**[23](index=23&type=chunk) - The company commands a leading presence in the economy and midscale segments of the lodging industry with over **855,000 rooms** and a portfolio of **25 hotel brands**[23](index=23&type=chunk) - Its Wyndham Rewards loyalty program has approximately **121 million enrolled members**[23](index=23&type=chunk) [Forward-Looking Statements](index=6&type=section&id=Forward-Looking%20Statements) This section serves as a cautionary statement regarding forward-looking information, highlighting inherent risks and uncertainties that could cause actual results to differ materially from projections - The press release contains forward-looking statements regarding future performance and operations, identified by words such as 'will,' 'expect,' 'believe,' and 'outlook'[24](index=24&type=chunk) - Such statements involve known and unknown risks, uncertainties, and other factors that may cause actual results to differ materially, including general economic conditions, market performance, and operating risks[24](index=24&type=chunk)[25](index=25&type=chunk) - Readers are cautioned not to place undue reliance on these statements, and Wyndham undertakes no obligation to publicly update or revise them, except as required by law[24](index=24&type=chunk)[26](index=26&type=chunk) [Contacts](index=7&type=section&id=Contacts) Contact information for investor relations and global communications is provided for inquiries - Investors can contact **Matt Capuzzi, Senior Vice President, Investor Relations** at **973 753-6453** or ir@wyndham.com[27](index=27&type=chunk) - Media inquiries can be directed to **Maire Griffin, Senior Vice President, Global Communications** at **973 753-6590** or WyndhamHotelsNews@wyndham.com[27](index=27&type=chunk) [Financial Tables](index=8&type=section&id=Financial%20Tables) This section compiles detailed financial statements, including income statements, segment performance, cash flows, balance sheet summaries, and key revenue drivers [Income Statement (Table 1)](index=8&type=section&id=Table%201) This table presents the unaudited consolidated income statement for Wyndham Hotels & Resorts for the three and nine months ended September 30, 2025, and 2024 Income Statement (In millions, except per share data) | Metric | Three Months Ended Sep 30, 2025 | Three Months Ended Sep 30, 2024 | Nine Months Ended Sep 30, 2025 | Nine Months Ended Sep 30, 2024 | | :-------------------------------- | :------------------------------ | :------------------------------ | :----------------------------- | :----------------------------- | | Royalties and franchise fees | $147 | $159 | $420 | $419 | | Fee-related and other revenues | $382 | $394 | $1,095 | $1,063 | | Net revenues | $382 | $396 | $1,095 | $1,067 | | Total expenses | $204 | $225 | $657 | $701 | | Operating income | $178 | $171 | $438 | $366 | | Net income | $105 | $102 | $253 | $204 | | Diluted EPS | $1.36 | $1.29 | $3.26 | $2.54 | [Historical Revenue and Adjusted EBITDA by Segment (Table 2)](index=9&type=section&id=Table%202) This table provides historical revenue and Adjusted EBITDA data segmented by Hotel Franchising and Corporate for recent quarters of 2025 and full-year 2024 Historical Revenue and Adjusted EBITDA by Segment (In millions) | Metric | Q1 2025 | Q2 2025 | Q3 2025 | Q3 2024 | FY 2024 | | :-------------------- | :------ | :------ | :------ | :------ | :------ | | **Hotel Franchising** | | | | | | | Net revenues | $316 | $397 | $382 | $396 | $1,408 | | Adjusted EBITDA | $161 | $214 | $228 | $224 | $767 | | **Corporate** | | | | | | | Adjusted EBITDA | ($16) | ($19) | ($15) | ($16) | ($73) | | **Total Company** | | | | | | | Net revenues | $316 | $397 | $382 | $396 | $1,408 | | Net income | $61 | $87 | $105 | $102 | $289 | | Adjusted EBITDA | $145 | $195 | $213 | $208 | $694 | [Condensed Cash Flows (Table 3)](index=10&type=section&id=Table%203) This table presents the condensed cash flow statement and free cash flow calculation for the nine months ended September 30, 2025, and 2024, along with quarterly free cash flow Condensed Cash Flows (In millions) | Metric | Nine Months Ended Sep 30, 2025 | Nine Months Ended Sep 30, 2024 | | :-------------------------------- | :----------------------------- | :----------------------------- | | Net cash provided by operating activities | $215 | $156 | | Net cash used in investing activities | ($86) | ($40) | | Net cash used in financing activities | ($172) | ($100) | | Net (decrease)/increase in cash | ($43) | $16 | | Cash, cash equivalents and restricted cash, end of period | $70 | $82 | | **Free Cash Flow** | | | | Q3 2025 | $97 | $95 | | YTD Sep 30, 2025 | $258 | $220 | [Balance Sheet Summary and Debt (Table 4)](index=11&type=section&id=Table%204) This table provides a summary of the balance sheet as of September 30, 2025, and December 31, 2024, along with details of outstanding debt and its maturity profile Balance Sheet Summary (In millions) | Metric | As of Sep 30, 2025 | As of Dec 31, 2024 | | :-------------------------------- | :----------------- | :----------------- | | Total assets | $4,346 | $4,223 | | Total liabilities | $3,763 | $3,573 | | Total stockholders' equity | $583 | $650 | | Total debt | $2,627 | $2,463 | | Cash and cash equivalents | $70 | $103 | | Net debt | $2,557 | $2,360 | | Net debt leverage ratio | 3.5x | 3.4x | Outstanding Debt Maturity as of September 30, 2025 (In millions) | Maturity Period | Amount | | :---------------- | :----- | | Within 1 year | $45 | | Between 1 and 2 years | $611 | | Between 2 and 3 years | $513 | | Between 3 and 4 years | $15 | | Between 4 and 5 years | $1,443 | | Thereafter | $0 | | Total | $2,627 | [Revenue Drivers (Table 5)](index=12&type=section&id=Table%205) This table details the key revenue drivers, including global room count changes, system size by segment and region, regional RevPAR growth, and average royalty rates for Q3 and YTD 2025 compared to 2024 Global Room Count Changes (Nine Months Ended September 30) | Metric | 2025 (Rooms) | 2024 (Rooms) | Change (Rooms) | % Change | | :-------------------------- | :----- | :----- | :----- | :------- | | Beginning Room Count (Jan 1) | 835,700 | 803,700 | 32,000 | 4% | | Additions | 48,500 | 44,400 | 4,100 | 9% | | Deletions | (28,800) | (24,900) | (3,900) | (16%) | | Ending Room Count (Sep 30) | 855,400 | 823,200 | 32,200 | 4% | System Size by Segment/Region as of September 30, 2025 | Segment/Region | Rooms | % Change YoY | FY 2024 Royalty Contribution (%) | | :-------------------- | :------ | :----------- | :--------------------------- | | U.S. Economy | 223,200 | (2%) | N/A | | U.S. Midscale and Above | 280,200 | 2% | N/A | | Total United States | 503,400 | 1% | 78% | | Greater China | 127,600 | 14% | 4% | | EMEA | 97,600 | 8% | 8% | | Total International | 352,000 | 9% | 22% | | Global | 855,400 | 4% | 100% | Regional RevPAR Growth (Constant Currency) & Average Royalty Rate (YoY Change) | Metric | Q3 2025 | Q3 2025 YoY % Change | YTD Sep 30, 2025 | YTD Sep 30, 2025 YoY % Change | | :-------------------------------- | :------ | :------------------- | :--------------- | :-------------------------- | | U.S. RevPAR ($) | $55.07 | (5%) | $50.28 | (3%) | | International RevPAR ($) | $43.11 | (2%) | $38.54 | —% | | Global RevPAR ($) | $50.05 | (5%) | $45.40 | (2%) | | U.S. Average Royalty Rate (%) | 4.8% | +9 bps | 4.8% | +11 bps | | International Average Royalty Rate (%) | 2.6% | +2 bps | 2.6% | +8 bps | | Global Average Royalty Rate (%) | 4.0% | +2 bps | 4.0% | +5 bps | [Historical RevPAR, Royalty Rate and Rooms (Table 6)](index=15&type=section&id=Table%206) This table provides historical quarterly data for global, U.S., and International RevPAR, royalty rates, and room counts under the new reporting basis (excluding Super 8 China) for 2024 and 2025, and previously reported data for comparison Historical RevPAR, Royalty Rate and Rooms (New Reporting Basis) | Metric | Q1 2025 | Q2 2025 | Q3 2025 | Q1 2024 | Q2 2024 | Q3 2024 | | :-------------------- | :------ | :------ | :------ | :------ | :------ | :------ | | Global RevPAR ($) | $38.44 | $47.55 | $50.05 | $38.48 | $49.08 | $52.59 | | U.S. RevPAR ($) | $42.37 | $53.32 | $55.07 | $41.68 | $55.44 | $57.98 | | International RevPAR ($) | $32.81 | $39.45 | $43.11 | $33.53 | $39.40 | $44.52 | | Global Royalty Rate (%) | 4.0% | 4.0% | 4.0% | 3.9% | 4.0% | 4.0% | | U.S. Royalty Rate (%) | 4.8% | 4.7% | 4.8% | 4.6% | 4.7% | 4.7% | | International Royalty Rate (%) | 2.6% | 2.6% | 2.6% | 2.5% | 2.5% | 2.6% | | Global Rooms | 839,900 | 846,700 | 855,400 | 808,000 | 816,300 | 823,200 | | U.S. Rooms | 502,600 | 503,300 | 503,400 | 499,100 | 499,400 | 500,600 | | International Rooms | 337,300 | 343,400 | 352,000 | 308,900 | 316,900 | 322,600 | [Non-GAAP Reconciliations (Table 7)](index=17&type=section&id=Table%207) This table provides detailed reconciliations of GAAP net income to non-GAAP measures such as Adjusted EBITDA, Adjusted Net Income, and Adjusted Diluted EPS for various periods, explaining the adjustments made - **Adjusted EBITDA, adjusted net income, and adjusted diluted EPS** are non-GAAP measures used by management and investors to evaluate operating performance and make day-to-day operating decisions, by adjusting for certain items that may not reflect ongoing performance[48](index=48&type=chunk) Reconciliation of Net Income to Adjusted EBITDA (In millions) | Metric | Q1 2025 | Q2 2025 | Q3 2025 | Q3 2024 | FY 2024 | | :-------------------------------- | :------ | :------ | :------ | :------ | :------ | | Net income | $61 | $87 | $105 | $102 | $289 | | Provision for income taxes | $18 | $29 | $37 | $35 | $79 | | Depreciation and amortization | $15 | $15 | $15 | $17 | $71 | | Interest expense, net | $33 | $34 | $36 | $34 | $124 | | Stock-based compensation | $9 | $8 | $8 | $10 | $41 | | Development advance notes amortization | $7 | $8 | $8 | $6 | $24 | | Adjusted EBITDA | $145 | $195 | $213 | $208 | $694 | Reconciliation of Net Income and Diluted EPS to Adjusted Net Income and Adjusted Diluted EPS (In millions, except per share data) | Metric | Q3 2025 | Q3 2024 | YTD Sep 30, 2025 | YTD Sep 30, 2024 | | :-------------------------------- | :------ | :------ | :--------------- | :--------------- | | Diluted earnings per share | $1.36 | $1.29 | $3.26 | $2.54 | | Net income | $105 | $102 | $253 | $204 | | Total adjustments after tax | $7 | $8 | $30 | $61 | | Adjusted net income | $112 | $110 | $283 | $265 | | Adjusted diluted EPS | $1.46 | $1.39 | $3.64 | $3.29 | [2025 Outlook Details (Table 8)](index=19&type=section&id=Table%208) This table provides a detailed breakdown of the updated full-year 2025 financial outlook, including various revenue, expense, and profitability metrics Full-Year 2025 Detailed Outlook (In millions, except per share data) | Metric | 2025 Outlook | | :-------------------------------- | :-------------------- | | Fee-related and other revenues ($) | $1,425 – $1,445 | | Adjusted EBITDA ($) | $715 – $725 | | Depreciation and amortization expense ($) | $35 – $37 | | Development advance notes amortization expense ($) | $31 – $33 | | Stock-based compensation expense ($) | $42 – $44 | | Interest expense, net ($) | $138 – $140 | | Adjusted income before income taxes ($) | $463 – $477 | | Income tax expense ($) | $116 – $119 | | Adjusted diluted EPS ($) | $4.48 – $4.62 | | Diluted shares | 77.5 | | Capital expenditures ($) | $40 – $45 | | Development advance notes ($) | Approx. $110 | | Adjusted free cash flow conversion rate (%) | ~57% | | Year-over-Year Growth Global RevPAR (constant currency) (%) | (3%) – (2%) | | Number of rooms (%) | 4.0% – 4.6% | | Adjusted net income ($) | $347 – $358 | - Each **1% change in RevPAR** equates to an approximate **$10 million impact** to fee-related and other revenues and **$4 million** to adjusted EBITDA[54](index=54&type=chunk) - The Company expects marketing funds to overspend by approximately **$5 million**, or roughly **$2 million per point**, assuming a global RevPAR decline of **2-3%**, with intent to recover this investment in future periods[54](index=54&type=chunk) [Definitions of Non-GAAP Measures and Key Metrics](index=20&type=section&id=Table%209) This section provides clear definitions for key non-GAAP financial measures and operational metrics used throughout the report [Glossary of Terms](index=20&type=section&id=Glossary%20of%20Terms) This section provides definitions for various non-GAAP financial measures and key operational metrics used throughout the report to ensure clarity and understanding - **Adjusted Net Income** and **Adjusted Diluted EPS**: Net income and diluted EPS excluding specific non-recurring or non-operational items like acquisition-related amortization, restructuring costs, and transaction-related items[57](index=57&type=chunk) - **Adjusted EBITDA**: Net income excluding interest, depreciation, amortization, taxes, stock-based compensation, and other specific adjustments, used as a common performance measure in the industry[58](index=58&type=chunk) - **Free Cash Flow**: Net cash provided by operating activities excluding development advances, less capital expenditures, indicating cash available for investments, debt service, or shareholder returns[62](index=62&type=chunk) - **RevPAR (Revenue per Available Room)**: Calculated by multiplying average occupancy rate by **Average Daily Rate (ADR)**[65](index=65&type=chunk) - **Marketing Fund Variability**: Quarterly timing variances in marketing fund revenues and expenses, which are designed to break even on a full-year basis[64](index=64&type=chunk) - **Rooms**: Number of rooms under franchise/management agreements, excluding Super 8 China master licensee rooms, and properties under affiliation agreements[66](index=66&type=chunk)

Accessibility StatementSkip Navigation Company Grows System Size and Record Development Pipeline Each by 4% PARSIPPANY, N.J., Oct. 22, 2025 /PRNewswire/ -- Wyndham Hotels & Resorts (NYSE: WH) today announced results for the three months ended September 30, 2025. Highlights include: "Our third quarter results once again demonstrate the resilience of our business model and the consistent execution of our teams around the world," said Geoff Ballotti, president and chief executive officer. "Amid a challenging m ...

Accessibility StatementSkip Navigation Wyndham Rewards Insider is your key to more points and perks with expansive travel savings, automatic Gold level status, double-dip points earning and more—all for just $95 a year PARSIPPANY, N.J., Oct. 21, 2025 /PRNewswire/ -- Wyndham Rewards®, the #1–rated hotel rewards program known for its groundbreaking simplicity and generosity, is once again transforming the loyalty landscape with the launch of Wyndham Rewards Insider—a first-of-its-kind travel and entertainment ...

近年来，随着县域经济发展和基础设施不断完善，县域消费不断崛起。一些消费大品牌纷纷抢滩布局县 城，以及中小城市。 10月20日，山姆会员商店张家港店正式开门迎客，这是苏州第四家山姆会员店，门店层高9米、通道宽3 米，设约1000个停车位。此次开业，门店首发了苏丹王榴莲面包、莓果红丝绒蛋糕等五款新品。结合当 下消费趋势，门店精选约4000种商品，涵盖多款定制研发产品及全球优质产区优选商品。 电影院线也在加快县域市场布局。例如，在江阴，根据当地媒体今年2月报道，作为江苏省首个乡镇数 字 影院全覆盖的县级市，江阴共有33家影院、206个影厅，共计26056个座位。 广东省体改研究会执行会长彭澎对第一财经分析，对于这些大酒店品牌、星巴克咖啡等消费品牌，中心 城市尤其是一二线城市的市场已经比较饱和，竞争也比较激烈，相比之下，县城市场仍有较大的市场空 间。整体来看，县城房价、物价比较低，经营成本也比较低。 近年来，随着县域经济快速发展、城镇化水平和收入水平提升，交通基础设施完善，县城消费不断崛 起。同时，县城是我国乡村振兴的重要连接点。高品质消费品牌入驻，不仅能吸引消费者，也有利于进 一步提升当地的吸引力，进一步改善投资环 ...

Core Insights - Evidence from Wyndham's internal legal records indicates that the Royalton Letter of Credit was fully funded but never released, raising concerns about potential securities, franchise-law, and usury violations across multiple parties [1][3][7] Wyndham Hotels & Resorts - Internal correspondence reveals that the Royalton Hotel Letter of Credit was verified and fully funded, yet the funds were not released, suggesting LuxUrban may have been wrongfully deprived of financial security [7] - Analysts are reassessing the impact of Wyndham's conduct on LuxUrban's stock collapse, indicating that Wyndham's actions could have materially contributed to shareholder losses [4][9] LuxUrban Hotels - The ongoing investigation into LuxUrban's financial issues is now before federal bankruptcy authorities, with analysts estimating potential recoverable damages of up to $50 million related to disputed franchise-law and payment-processing transactions [2] - The stock collapse of LuxUrban is being re-evaluated, with market observers considering the role of Wyndham's disclosure failures in exacerbating shareholder losses [4][9] Cloudbeds and Merchant Cash Advances - Investigators report that Cloudbeds charged processing and financing fees that reached criminal-usury levels, draining millions from LuxUrban's operating capital without proper disclosure [10][11] - Allegations suggest that Cloudbeds and certain Merchant Cash Advance lenders implemented practices that interfered with senior secured lenders, potentially violating U.C.C. Article 9 and state usury statutes [11] Tuscany Legacy Leasing - Preliminary filings indicate that Tuscany Legacy Leasing sold LuxUrban a 15-year lease it had no right to convey, leading to an unenforceable position for LuxUrban [12] - Following the termination of Tuscany's interest, it is alleged that they fabricated termination clauses and used a Confession of Judgment to seize revenues from LuxUrban [13][14] Legal and Regulatory Implications - The potential appointment of a U.S. Trustee could lead to recovery actions against Wyndham, Cloudbeds, and related insurers, bringing transparency to the financial dealings involved [6][15] - The case may reshape enforcement standards related to franchise-law, lien-priority, usury, and securities fraud within the hospitality finance sector [16]

The author stayed as an invited guest of Viva V Samana by Wyndham, A Trademark Adults All-Inclusive. All opinions are the author’s own, and Viva V Samana by Wyndham had no input in any part of this review. If you’re planning a trip to the Dominican Republic and are looking for an affordable, off-the-beaten-path, all-inclusive option, check out Viva V Samana by Wyndham, A Trademark Adults All-Inclusive. My travel partner and I visited in late August 2025 as a last-minute trip before I returned to school as a ...