Wyndham Hotels & Resorts(WH)

Search documents
Days Inn Invites Travellers to Explore Some of Canada's Top Summer Destinations One Stay at a Time!
GlobeNewswire News Room· 2025-06-03 12:05
Toronto, ON, June 03, 2025 (GLOBE NEWSWIRE) -- Summer in Canada is a season of endless possibilities when memories are made, stories unfold, and the spirit of exploration comes alive. From the misty shores of British Columbia to the rugged coastlines of the Atlantic, Days Inn is your ultimate gateway to unforgettable experiences from coast to coast. Travellers can unlock extraordinary adventures that capture the heart and spirit of Canadian summer, with conveniently located hotels serving as the perfect hom ...
Long Distance Besties? Days Inn by Wyndham Will Pay You $10K to Reunite and Create Travel Content
Prnewswire· 2025-06-03 12:00
With hotels in buzz-worthy destinations coast to coast—designed for every kind of vibe – five dynamic duos will claim the title of official "Days Inn-siders." Their mission? Spend a weekend together spotlighting the best a destination has to offer for the brand's social media channels. In return for awesome content, each pair will receive a $10,000 payday, plus accommodations, flights and daily travel stipend. "In a world where group chats fade and schedules collide, Days Inn is making sure one thing stays ...
Wyndham's First-Annual Owner Trends Report Highlights Positive Long-Term Outlook, Vital Role of Brands
Prnewswire· 2025-06-02 12:00
"There's a lot of noise in the marketplace right now and yet, more than 90% of hotel owners and developers are optimistic about what the next five years hold for them. That's because they know that in hospitality, they're playing the long game. Case in point: While most admit to having concerns over current economic volatility, four-out-of-five say they still plan to expand their portfolios over the next five years." - Amit Sripathi, Chief Development Officer, Wyndham Hotels & ResortsBrands MatterHighlighti ...
Days Inns - Canada Strengthens Three-Year Partnership with Food Banks Canada Through “After the Bell” Program
GlobeNewswire News Room· 2025-05-27 12:00
Toronto, ON, May 27, 2025 (GLOBE NEWSWIRE) -- Days Inns - Canada proudly extends its meaningful partnership with Food Banks Canada for a third consecutive year, supporting the After the Bell program with a significant donation aimed at tackling childhood food insecurity during the summer months. Food Banks Canada's After the Bell program provides nutritious food packs to children who rely on critical school food programs during the academic year. This initiative aligns with Days Inns - Canada's commitment t ...
Wyndham Unveils New Initiatives to Drive Owner Success, Strengthen Hotel Performance
Prnewswire· 2025-05-20 19:01
Core Insights - Wyndham Hotels & Resorts emphasizes a franchisee-first approach, focusing on long-term success through tailored solutions and support [1] Technology Initiatives - The launch of Wyndham Connect PLUS enhances guest engagement with AI-driven features for booking and inquiries, available for pilot by qualified franchisees at no cost until year-end [2] - Wyndham Gateway introduces a centralized guest Wi-Fi portal, creating new revenue streams through Wi-Fi upsell opportunities while simplifying loyalty enrollment [3] - Wyndham Marketplace and Wyndham PriceIQ streamline sourcing for hotel owners, enabling easier access to brand-approved products at negotiated rates [4] Insurance Solutions - A partnership with HUB International provides franchisees with affordable, high-quality insurance options, ensuring compliance and cost reduction [5] Rewards Program Enhancements - Wyndham Rewards® expands benefits with Wyndham Rewards Experiences, allowing members to bid on exclusive events and experiences [6] - A new partnership with Applebee's enables members to earn points on mobile orders with free hotel delivery [7] - Changes in reimbursement for free night stay redemptions will incorporate guest satisfaction scores, enhancing the rewards program's appeal [8] Marketing Strategy - A new marketing campaign, "Where There's a Wyndham, There's a Way," aims to unify the brand and capture demand across various media platforms [10] Company Overview - Wyndham is the largest hotel franchising company globally, with approximately 9,300 hotels in over 95 countries and a strong presence in the economy and midscale segments [13] - The company has invested nearly $350 million in technology since going public in 2018, enhancing sales, marketing, and operational support [11]
WH Expands Super 8 Brand to Support Saudi Arabia's Tourism Growth
ZACKS· 2025-05-15 17:15
Wyndham Hotels & Resorts, Inc. (WH) has signed an exclusive development agreement with Le Park Concord Company to expand its Super 8 brand in Saudi Arabia. The company plans to open 100 hotels over the next 10 years as part of this agreement. This move reflects Wyndham's long-term focus on accessible and sustainable hospitality growth in the region.The signing was supported by the Ministry of Tourism of Saudi Arabia. The agreement aligns with the Kingdom of Saudi Arabia’s Vision 2030 and aims to improve tra ...
Wyndham Hotels & Resorts(WH) - 2025 Q1 - Quarterly Report
2025-05-01 16:45
Financial Performance - Total net revenues for the three months ended March 31, 2025, increased by $11 million, or 4%, compared to the prior-year period, reaching $316 million [109]. - Adjusted EBITDA for the Hotel Franchising segment increased by $3 million, or 2%, compared to the prior-year period, totaling $161 million [113]. - Operating income for the three months ended March 31, 2025, increased by $62 million, or 124%, compared to the prior-year period, reaching $112 million [109]. - Net income for the three months ended March 31, 2025, increased by $45 million, or 281%, compared to the prior-year period, totaling $61 million [111]. - Total expenses decreased by $51 million, or 20%, compared to the prior-year period, primarily due to lower other expenses [109]. Room and Revenue Growth - The total number of rooms grew by 4% year-over-year, with U.S. rooms increasing by 1% and international rooms by 7% [106]. - Global RevPAR for the three months ended March 31, 2025, increased by 2% year-over-year, driven by a 2% increase in the U.S. and a 3% increase internationally [108]. - The average royalty rate for U.S. franchised properties increased by 19 basis points to 4.8%, while the global average royalty rate rose by 16 basis points to 4.0% [106]. Development and Investments - As of March 31, 2025, the global development pipeline included approximately 2,140 hotels and 254,000 rooms, marking a 5% year-over-year increase [114]. - The company invested $7 million in capital expenditures during Q1 2025, primarily for information technology [128]. - Approximately $28 million was deployed in development advance notes during the quarter, with an expected total investment of $110 million for 2025 [129]. Cash Flow and Shareholder Returns - Net cash provided by operating activities decreased by $17 million year-over-year, totaling $59 million for Q1 2025 [125]. - The company repurchased approximately 0.8 million shares at an average price of $95.23, costing $76 million in Q1 2025 [133]. - Cash dividends declared in Q1 2025 amounted to $0.41 per share, totaling $32 million [134]. Debt and Liabilities - Total assets increased by $26 million from December 31, 2024, to March 31, 2025, primarily due to an increase in development advance notes and loan receivables [117]. - Total liabilities rose by $97 million during the same period, mainly due to a $65 million increase in outstanding debt [117]. - As of March 31, 2025, the first-lien leverage ratio was 2.9 times, in compliance with financial covenants [135]. - As of March 31, 2025, the total outstanding balance of variable-rate borrowings, net of swaps, was $620 million [143]. Interest and Tax Rates - Interest expense for the three months ended March 31, 2025, increased by $5 million, or 18%, compared to the prior-year period, primarily due to a higher average interest rate [109]. - The effective tax rate decreased to 22.8% for the three months ended March 31, 2025, from 27.3% in the prior-year period, due to higher tax benefits associated with stock-based compensation [110]. Market Risks - A hypothetical 10% change in the effective weighted average interest rate on variable-rate borrowings would result in a $3 million increase or decrease in annual long-term debt interest expense [143]. - A hypothetical 10% change in foreign currency exchange rates would result in approximately a $10 million increase or decrease to the fair value of outstanding forward foreign currency exchange contracts [147]. - The company anticipates that foreign currency exchange rate risk will remain a market risk exposure for the foreseeable future [145]. - Total market risk is influenced by market volatility and liquidity, with limitations inherent in the sensitivity analyses presented [149].
Wyndham Hotels & Resorts(WH) - 2025 Q1 - Earnings Call Transcript
2025-05-01 13:32
Wyndham Hotels & Resorts (WH) Q1 2025 Earnings Call May 01, 2025 08:30 AM ET Company Participants Matt Capuzzi - SVP IRGeoff Ballotti - President, CEO & DirectorMichele Allen - CFO & Head of StrategyLizzie Dove - Vice President Equity ResearchMichael Bellisario - Managing DirectorDavid Katz - Managing DirectorStephen Grambling - Managing DirectorDany Asad - DirectorC. Patrick Scholes - Managing Director - Lodging & Leisure Equity ResearchIan Zaffino - Managing Director Conference Call Participants Brandt Mo ...
Wyndham Hotels & Resorts(WH) - 2025 Q1 - Earnings Call Transcript
2025-05-01 12:30
Wyndham Hotels & Resorts (WH) Q1 2025 Earnings Call May 01, 2025 08:30 AM ET Company Participants Matt Capuzzi - SVP IRGeoff Ballotti - President, CEO & DirectorMichele Allen - CFO & Head of StrategyLizzie Dove - Vice President Equity ResearchMichael Bellisario - Managing DirectorDavid Katz - Managing DirectorStephen Grambling - Managing DirectorDany Asad - DirectorPatrick Scholes - Managing Director - Lodging & Leisure Equity ResearchIan Zaffino - Managing Director Conference Call Participants Brandt Monto ...
Wyndham Hotels & Resorts(WH) - 2025 Q1 - Earnings Call Transcript
2025-05-01 12:30
Wyndham Hotels & Resorts (WH) Q1 2025 Earnings Call May 01, 2025 08:30 AM ET Speaker0 Welcome everyone to the Wyndham Hotels and Resorts First Quarter twenty twenty five Earnings Conference Call. At this time, all participants have been placed in a listen only mode and the floor will be open for your questions following the presentation. I would now like to turn the call over to Matt Cappuzzi, Senior Vice President of Investor Relations. Speaker1 Thank you, operator. Good morning and thank you for joining u ...