Wyndham Hotels & Resorts(WH)
Search documents
Wyndham Hotels (WH) Unveils Connect Platform, Boost Offerings
ZACKS· 2024-07-02 16:45
Management is optimistic and anticipates the initiative to foster strong guest relationships and financial gains in the upcoming periods. Currently, the company rolled out Wyndham Connect to nearly 2,000 hotels in North America. The company has integrated AI across its operations to enhance efficiency and service quality. In their call centers, AI provides real-time coaching and handles calls, allowing agents more time to assist guests. The company implemented an easy-to-access chatbot within the mobile app ...
Wyndham Connect Rolls Out Across North America, Elevates the Guest and Owner Experience
Prnewswire· 2024-07-01 12:00
Unleashing the Power of AI Messaging that Matters: Allows staff to use AI-generated messaging to help respond to guests via text message with ease and speed before, during and after their stay. Smart Mobile Check-In: Speeds up the check-in process for both guests and front desk agents, helping to verify guest information in advance and protect hotels from chargebacks. Effortless Upsell: From early check-in, late check-out and personalized upgrades, hotels can generate incremental revenue while making each s ...
Wyndham Hotels & Resorts(WH) - 2024 Q1 - Quarterly Report
2024-04-25 15:57
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-38432 Wyndham Hotels & Resorts, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction ...
Wyndham Hotels & Resorts(WH) - 2024 Q1 - Earnings Call Presentation
2024-04-25 15:41
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |----------------------------------------------------------|-------|-------|-------|-------|-------|-------|-------|-------|--------------------------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Presentation | | | | | | | | | | | | | | | | | | | | t | | April 24, 2024 | | WaterWalk by Wyndham Boise, Idaho, USA Opened March 2024 | | | | | | | | | WYNDHAM HOTELS & RESORTS | | | | | | | | | | | | Introducti ...
Wyndham Hotels & Resorts(WH) - 2024 Q1 - Earnings Call Transcript
2024-04-25 15:41
Wyndham Hotels & Resorts, Inc. (NYSE:WH) Q1 2024 Earnings Conference Call April 25, 2024 8:30 AM ET Company Participants Matt Capuzzi - Senior Vice President, Investor Relations Geoff Ballotti - Chief Executive Officer Michele Allen - Chief Financial Officer and Head, Strategy Conference Call Participants Joe Greff - JPMorgan David Katz - Jefferies Dany Asad - Bank of America Michael Bellisario - Baird Patrick Scholes - Truist Brandt Montour - Barclays Stephen Grambling - Morgan Stanley Steve Pizzella - Deu ...
Wyndham Hotels & Resorts(WH) - 2024 Q1 - Quarterly Results
2024-04-24 20:11
Exhibit 99.1 WYNDHAM HOTELS & RESORTS REPORTS STRONG FIRST QUARTER RESULTS Company Raises Full-Year 2024 EPS Outlook Grows Development Pipeline by 8% and System Size by 4% Board Increases Share Repurchase Authorization by $400 Million The Company's global system grew 4%, reflecting 1% growth in the U.S. and 8% internationally. As expected, these increases included strong growth in both the higher RevPAR midscale and above segments in the U.S. and the direct franchising business in China, which grew 3% and 1 ...
Wyndham Hotels & Resorts(WH) - 2023 Q4 - Annual Report
2024-02-15 18:44
Franchise Growth and Operations - Wyndham Hotels & Resorts aims to grow its direct franchising system by 3-4% in 2024, with a target of accelerating to 3-5% annually by 2026[33] - The company operates approximately 9,200 hotels under 24 brands across over 95 countries, making it the world's largest hotel franchising company by number of hotels[30] - Franchise agreements typically last 10 to 20 years, with direct franchisees paying a royalty fee of 4% to 5% of gross room revenue and a marketing fee of 3% to 5%[29] - Wyndham's franchise system is highly diversified, with no single franchisee accounting for more than 2% of its hotels, except for one master franchisor in China[59] - The company is committed to enhancing franchisee profitability by deploying technology solutions that streamline operations and elevate guest experiences[33] Employee and Community Engagement - Wyndham has approximately 2,300 employees as of December 31, 2023, with about 1,200 employees located outside the United States[35] - The company has donated approximately 181 million Wyndham Rewards points to various non-profit organizations since inception[47] Sustainability and Environmental Initiatives - Wyndham was recognized as one of the Net-Zero Leaders by Forbes for 2023, highlighting its commitment to sustainability and reducing greenhouse gas emissions[54] - The Wyndham Green Program helps franchisees reduce operating costs and drive revenue from environmentally conscious travelers[49] - The company continues to evaluate opportunities to increase efficiencies and renewable energy usage as part of its decarbonization plans[52] Financial Risk Management - The total outstanding balance of variable-rate borrowings, net of swaps, was $583 million as of December 31, 2023[248] - 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[248] - The absolute notional amount of outstanding foreign exchange hedging instruments was $153 million as of December 31, 2023[251] - A hypothetical 10% change in foreign currency exchange rates would have resulted in approximately a $1 million increase or decrease to the fair value of outstanding forward foreign currency exchange contracts[251] - The company had total net assets of $1 million in Argentina, which is considered a highly inflationary economy as of December 31, 2023[252] - The total market risk is influenced by various factors including market volatility and liquidity[253] - The company uses interest swap contracts to reduce interest rate risk related to its debt[246] - The company uses foreign currency forwards to manage foreign currency exchange rate risk associated with foreign currency denominated receivables and payables[246] - The company does not engage in trading or speculative activities in the derivatives markets[247] - The fair values of cash and cash equivalents, trade receivables, accounts payable, and accrued expenses approximate their carrying values due to their short-term nature[249]
Wyndham Hotels & Resorts(WH) - 2023 Q4 - Earnings Call Transcript
2024-02-15 17:23
Wyndham Hotels & Resorts, Inc. (NYSE:WH) Q3 2023 Earnings Conference Call February 15, 2024 8:30 AM ET Company Participants Matt Capuzzi - SVP, IR Geoff Ballotti - CEO Michele Allen - CFO Conference Call Participants Joe Greff - JPMorgan David Katz - Jefferies Patrick Scholes - Truist Securities Michael Bellisario - Baird Dany Asad - Bank of America Ian Zaffino - Oppenheimer Meredith Jensen - HSBC Operator Good day and welcome to the Wyndham Hotels & Resorts Fourth Quarter and Full Year 2023 Earnings Confer ...
Wyndham Hotels & Resorts(WH) - 2023 Q3 - Quarterly Report
2023-10-26 16:38
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-38432 Wyndham Hotels & Resorts, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdic ...
Wyndham Hotels & Resorts(WH) - 2023 Q3 - Earnings Call Transcript
2023-10-26 14:51
Wyndham Hotels & Resorts, Inc. (NYSE:WH) Q3 2023 Earnings Call Transcript October 26, 2023 8:30 AM ET Company Participants Matt Capuzzi - Senior Vice President of Investor Relations Stephen Holmes - Chairman Geoff Ballotti - Chief Executive Officer Michele Allen - Chief Financial Officer Conference Call Participants Joe Greff - JP Morgan David Katz - Jefferies Stephen Grambling - Morgan Stanley Dan Wasiolek - Morningstar Patrick Scholes - Truist Securities Brandt Montour - Barclays Michael Bellisario - Bair ...