Core Insights - Albert Anthony is a Croatian-American business author and analyst contributing to Seeking Alpha with over 1,000 followers [1] - He has authored a book titled "Real Estate Investment Trusts (REITs): A Fundamental Analysis (2026 Edition)" available on Amazon [1] - Anthony has a background in business and information systems, having worked at Charles Schwab in the IT department [1] - He operates his own boutique equities research firm, Albert Anthony & Company, remotely [1] - The author has participated in numerous business and innovation conferences and has hosted a program for Online Live TV Croatia [1] - He holds a B.A. in Political Science and various certifications including Microsoft Fundamentals and Risk Management specialization from CFI [1] - Anthony is also active on YouTube discussing REITs and is an investor in REIT stocks [1] Company and Industry Summary - Albert Anthony & Company is a Texas-registered business focused on equities research [1] - The firm provides general market commentary and research based on publicly available data [1] - The author does not engage with non-publicly traded companies, small cap stocks, or startup CEOs [1]

Financial Performance - Hotel Franchising segment net income for 2025 is projected to be $490 million, a decrease from $628 million in 2024 and $606 million in 2023[34]. - Adjusted EBITDA for the Hotel Franchising segment is expected to reach $781 million in 2025, compared to $767 million in 2024 and $727 million in 2023[34]. - Revenue from franchise contracts is typically higher in Q2 and Q3 due to increased leisure travel, impacting cash flows and operating results seasonally[68]. Growth and Expansion - The company aims to grow system-wide rooms by approximately 4.0% - 4.5% in 2026[38]. - Wyndham Hotels & Resorts operates over 8,300 hotels across 25 brands in approximately 100 countries, making it the world's largest hotel franchisor by number of franchised properties[36]. - The company plans to enhance franchisee profitability by optimizing top-line performance and lowering operating costs[46]. Sustainability and Ethics - Wyndham has been recognized as one of the World's Most Ethical Companies® for 2025, marking the fifth time overall and the third consecutive year[44]. - The company has donated over 225 million Wyndham Rewards points to various non-profit organizations since inception[56]. - Wyndham's sustainability efforts include the Wyndham Green Program, which helps franchisees reduce operating costs and improve environmental performance[58]. - The company is committed to reducing greenhouse gas emissions and promoting water conservation practices across its franchised hotels[61]. Employee and Franchisee Information - As of December 31, 2025, Wyndham had approximately 2,000 employees, with around 900 located outside the United States[42]. - The company operates over 8,300 hotels with more than 6,200 franchisees, ensuring no single franchisee accounts for more than 2% of total hotels[67]. Risk Management - The company utilizes interest swap contracts and foreign currency forwards to manage interest rate and currency exchange rate risks associated with its debt and foreign transactions[237][238]. - As of December 31, 2025, the total outstanding balance of variable-rate borrowings, net of swaps, was $649 million, with a hypothetical 10% change in interest rates potentially affecting annual interest expense by $2 million[239]. - The company has foreign currency exposure to several currencies, including the Canadian Dollar and Euro, with a notional amount of $294 million in outstanding foreign exchange hedging instruments as of December 31, 2025[241][242]. - A hypothetical 10% change in foreign currency exchange rates could result in an $8 million increase or decrease in the fair value of outstanding forward foreign currency exchange contracts[242]. - Total net exposure in Argentina related to foreign currency was approximately $8 million as of December 31, 2025, with immaterial foreign currency exchange losses reported for 2025 and 2024[243]. - The company’s market risk is influenced by market volatility and liquidity, with limitations in sensitivity analyses due to the complexity of market reactions[244].

Financial Data and Key Metrics Changes - The company reported a net room growth of 4% and full-year comparable adjusted EBITDA and adjusted EPS growth of 4% and 6%, respectively [5][30] - Adjusted diluted EPS for the quarter was $0.93, down 4% on a comparable basis, while full-year adjusted diluted EPS increased 6% to $4.58 [30][32] - Adjusted free cash flow was $433 million for the full year, with a conversion rate from adjusted EBITDA of 60% [32][34] Business Line Data and Key Metrics Changes - The company opened a record 72,000 rooms, which is 13% more than the previous year, and signed 870 deals, an 18% increase from 2024 [6][7] - Ancillary fee streams increased by 15%, contributing to a total of $433 million in adjusted free cash flow [7][18] - The development pipeline now carries an average FeePAR premium of 30% domestically and nearly 20% internationally compared to the existing system [7] Market Data and Key Metrics Changes - Domestic RevPAR declined about 6% in constant currency, while international RevPAR declined by 1% [15][16] - EMEA region saw a RevPAR increase of 7%, while Latin America experienced a 6% increase [17] - Southeast Asia and the Pacific Rim RevPAR was down 2%, and China saw a decline of 10% [17][18] Company Strategy and Development Direction - The company aims to expand its portfolio with more aspirational upscale hotels and resorts, enhancing opportunities for Wyndham Rewards members [12] - The focus remains on high-return growth opportunities and digital technology to drive profitability [40] - The company is also enhancing its AI capabilities to improve guest experiences and increase direct bookings [20][78] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the improvement in RevPAR trends, particularly in January, indicating signs of recovery [43][46] - The company expects full-year global net room growth of 4%-4.5% and anticipates U.S. RevPAR to range from -3% to -2% in the first quarter [35][36] - Management highlighted the resilience of the business model amid macroeconomic uncertainties and the potential for significant demand tailwinds [40] Other Important Information - The company recorded non-cash charges of $160 million related to the insolvency of a large European franchisee, Revo Hospitality Group [22][27] - The board authorized a 5% increase in the quarterly cash dividend, reflecting confidence in the business model [34] Q&A Session Summary Question: What is the current RevPAR trend and occupancy build? - Management noted significant improvement in January, with U.S. RevPAR down only 4% normalized, indicating positive demand trends [43][44] Question: What is the most positive aspect of the earnings report? - Management highlighted the acceleration in net room growth and the strength of the development pipeline as the most exciting aspect [52][55] Question: How does infrastructure-related demand compare to leisure travelers? - Infrastructure demand is expected to improve and perform better than leisure, with ongoing private investment projects driving growth [58][59] Question: What was the RevPAR impact from the government shutdown? - The government shutdown had a minor impact of about 50 basis points in Q4, which will provide a slight tailwind in the upcoming Q4 [64][65] Question: Can you elaborate on the Revo situation? - Management confirmed that the insolvency was tied to previous loan investments and is currently working with advisors to determine next steps [66][67] Question: Are there other franchisees in danger? - Management indicated that the Revo situation is an outlier, with minimal exposure to other franchisees [71][72] Question: What are the potential benefits of AI initiatives? - AI initiatives are expected to drive significant cost savings and new revenue streams, enhancing guest engagement and franchisee profitability [78][80]

Financial Data and Key Metrics Changes - The company reported a net room growth of 4% and full-year comparable adjusted EBITDA and adjusted EPS growth of 4% and 6% respectively, aligning with previous outlooks [5][7] - Adjusted diluted EPS for Q4 was $0.93, down 4% on a comparable basis, while full-year adjusted diluted EPS increased 6% to $4.58 [30][32] - Adjusted free cash flow was $433 million for the full year, with a conversion rate from adjusted EBITDA of 60% [32][34] Business Line Data and Key Metrics Changes - The company opened a record 72,000 rooms, a 13% increase from the previous year, and signed 870 deals, an 18% increase from 2024 [6][7] - Ancillary fee streams increased by 15%, contributing to a total of $433 million in adjusted free cash flow [7][18] - The development pipeline now includes nearly 260,000 rooms and over 2,200 hotels, with an average fee per room premium of 30% domestically and nearly 20% internationally [7][12] Market Data and Key Metrics Changes - Domestic RevPAR declined by 6% in Q4, while international RevPAR declined by 1% [15][16] - EMEA region saw a 7% increase in RevPAR, while Latin America experienced a 6% increase [17] - In Asia, RevPAR was down 10%, primarily due to economic conditions in China [18] Company Strategy and Development Direction - The company aims to expand its portfolio with more aspirational upscale hotels and resorts, enhancing opportunities for Wyndham Rewards members [12][84] - Strategic partnerships and technology initiatives are being leveraged to drive ancillary revenue growth and improve operational efficiencies [19][20] - The company is focusing on high-return growth opportunities and digital technology to enhance profitability and shareholder returns [40] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about improving RevPAR trends, particularly in January, with signs of demand recovery in key states [43][45] - The company anticipates full-year global net room growth of 4%-4.5% and expects U.S. RevPAR to improve in Q2 [35][36] - Management acknowledged challenges from the insolvency of a large European franchisee but remains focused on maximizing recoverability [27][68] Other Important Information - The company recorded non-cash charges of $160 million related to the insolvency of Revo Hospitality Group [27][22] - A new international co-branded credit card with Mastercard is expected to launch in Canada, aimed at expanding the Wyndham Rewards ecosystem [19] - The company has authorized a 5% increase in the quarterly cash dividend, reflecting confidence in its business model [34] Q&A Session Summary Question: What is the current RevPAR trend and occupancy build? - Management noted significant improvement in January, with U.S. RevPAR down only 4% and occupancy recovering, particularly in states like Texas and Florida [43][45] Question: What is the most positive aspect of the earnings report? - Management highlighted the record net room growth and development pipeline as the most encouraging aspect [52][55] Question: How does infrastructure-related demand compare to leisure demand? - Infrastructure demand is expected to increase and perform better than leisure, with ongoing private investment projects driving RevPAR growth [58][59] Question: What was the RevPAR impact from the government shutdown? - The government shutdown had a minimal impact of about 50 basis points in Q4, which will provide a slight tailwind in the upcoming quarter [64][65] Question: Can you elaborate on the Revo insolvency situation? - Management confirmed that the insolvency was tied to previous loan investments and is working with advisors to determine next steps [67][68] Question: Are there other franchisees in a similar situation as Revo? - Management indicated that Revo's situation is an outlier, with minimal exposure to other franchisees [71][72]

Financial Data and Key Metrics Changes - The company reported a net room growth of 4% and full-year comparable adjusted EBITDA and adjusted EPS growth of 4% and 6% respectively, aligning with previous guidance [4][26] - Adjusted diluted EPS for the quarter was $0.93, down 4% on a comparable basis, while full-year adjusted diluted EPS increased 6% to $4.58 [26][28] - Adjusted free cash flow was $433 million for the full year, with a conversion rate from adjusted EBITDA of 60% [29][31] Business Line Data and Key Metrics Changes - The company opened a record 72,000 rooms, marking a 13% increase from the previous year, and signed 870 deals, an 18% increase from 2024 [4][5] - Ancillary fee streams increased by 15%, contributing to a total of $433 million in adjusted free cash flow [5][16] - The development pipeline now includes nearly 260,000 rooms and over 2,200 hotels, with an average fee per room premium of 30% domestically and nearly 20% internationally [5][10] Market Data and Key Metrics Changes - Domestic RevPAR declined by 6% in Q4, while international RevPAR declined by 1 point, with EMEA region showing a 7% increase [12][15] - In the U.S., RevPAR was down 4% for the full year, with improvements noted in January 2026, particularly in Texas and Florida [13][41] - Internationally, net rooms increased by 9%, with notable growth in EMEA (8%), Latin America (5%), and Southeast Asia (11%) [10][11] Company Strategy and Development Direction - The company aims to expand its portfolio with more aspirational upscale hotels and resorts, enhancing opportunities for Wyndham Rewards members [10][12] - Strategic partnerships and technology initiatives are being leveraged to drive ancillary revenue growth, with a focus on AI capabilities to improve guest engagement and operational efficiency [18][19] - The company plans to maintain a strong balance sheet while investing in high-return growth opportunities and digital technology [38] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the recovery in leisure and corporate bookings, with improvements in booking windows and cancellation rates [13][14] - The company anticipates full-year global net room growth of 4%-4.5% for 2026, with expectations for U.S. RevPAR to improve in the second quarter [32][33] - Management acknowledged challenges from the insolvency of a large European franchisee but emphasized the resilience of the business model [20][24] Other Important Information - The company recorded non-cash charges of $160 million related to the insolvency of Revo Hospitality Group, impacting financial statements [24][25] - The board of directors authorized a 5% increase in the quarterly cash dividend, reflecting confidence in the business model [31] Q&A Session Summary Question: What is the current RevPAR trend and demand segments? - Management noted significant improvement in January, with U.S. RevPAR down 4% normalized, driven by demand [41] Question: What is the most positive aspect of the earnings report? - Management highlighted the acceleration in net room growth and development pipeline as the most exciting aspect [49] Question: How does infrastructure-related demand compare to leisure? - Infrastructure demand is expected to increase, with performance slightly below leisure but showing signs of improvement [55] Question: What was the RevPAR impact from the government shutdown? - The government shutdown had a minor impact of about 50 basis points in Q4 [60] Question: Can you elaborate on the Revo situation? - The insolvency of Revo was tied to previous loan investments, and the company is working with advisors to determine next steps [64]

Achieved record organic growth with 72,000 room openings, a 13% increase over the previous year, driven by strong conversion activity and new construction prototypes. Global development pipeline expanded to 260,000 rooms, featuring a 30% domestic fee-par premium compared to the existing system, which management expects to enhance future margins. Domestic RevPAR declined 4% for the full year, primarily attributed to softness in Texas, California, and Florida, which represent one-quarter of the U.S. roo ...

Investor Presentation February 18, 2026 Wyndham Corfu Acharavi Corfu, Greece Opened November 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 ~869,000 Current Rooms ~259,000 Rooms in the Pipeline ~100 Countries 25 Brands 122M+ Loyalty Members Laying Our Tech Foundation & Harnessing AI ...

Wyndham Hotels & Resorts has reported a net loss of $60m in the fourth quarter (Q4) of 2025, against a net income of $85m in Q4 2024. For full-year 2025, net income fell 33% to $193m from $289m in 2024, largely reflecting non-cash impairment and other-related charges. Adjusted EBITDA for Q4 2025 dipped 2% to $165m from $168m in Q4 2024. For the full year, it rose 3% to $718m compared to $694m in 2024, or 4% on a comparable basis. Adjusted diluted earnings per share (EPS) for Q4 2025 fell 11% to $0.93 f ...

Core Viewpoint - Wyndham Hotels reported quarterly earnings of $0.93 per share, exceeding the Zacks Consensus Estimate of $0.89 per share, but down from $1.04 per share a year ago, indicating an earnings surprise of +4.07% [1] Financial Performance - The company posted revenues of $334 million for the quarter ended December 2025, missing the Zacks Consensus Estimate by 1.16%, and down from $341 million year-over-year [2] - Over the last four quarters, Wyndham has surpassed consensus EPS estimates four times but has topped consensus revenue estimates only once [2] Stock Performance - Wyndham shares have increased approximately 6.3% since the beginning of the year, contrasting with the S&P 500's zero return [3] Future Outlook - The company's earnings outlook is crucial for investors, with current consensus EPS estimates at $0.90 for the coming quarter and $4.89 for the current fiscal year, with revenues expected to be $325.9 million and $1.51 billion respectively [7] - The Zacks Rank for Wyndham is currently 4 (Sell), indicating expectations of underperformance in the near future [6] Industry Context - The Hotels and Motels industry is currently in the bottom 45% of over 250 Zacks industries, suggesting that the outlook for the industry can significantly impact stock performance [8]

Exhibit 99.1 WYNDHAM HOTELS & RESORTS REPORTS FOURTH QUARTER RESULTS Company Increases Quarterly Dividend by 5% and Provides Full-Year 2026 Outlook PARSIPPANY, N.J., February 18, 2026 - Wyndham Hotels & Resorts (NYSE: WH) today announced results for the three months and year ended December 31, 2025. Highlights include: • System-wide rooms grew 4% year-over-year. • Awarded 870 development contracts globally in 2025, an increase of 18% year-over-year and an all-time high. • Development pipeline grew 3% year-o ...