Wyndham reports net loss of $60m in Q4 2025

Financial Performance - Wyndham Hotels & Resorts reported a net loss of $60 million in Q4 2025, compared to a net income of $85 million in Q4 2024 [1] - For the full year 2025, net income decreased by 33% to $193 million from $289 million in 2024, primarily due to non-cash impairment and related charges [1] - Adjusted EBITDA for Q4 2025 fell by 2% to $165 million from $168 million in Q4 2024, while for the full year, it increased by 3% to $718 million compared to $694 million in 2024 [1] Earnings Per Share - Adjusted diluted earnings per share (EPS) for Q4 2025 decreased by 11% to $0.93 from $1.04 in Q4 2024 [2] - For the full year 2025, adjusted diluted EPS grew by 6% to $4.58 from $4.33 in 2024, while reported diluted EPS fell by 31% to $2.50 from $3.61, mainly due to impairment charges [2] Growth and Development - The company opened a record 72,000 rooms globally, achieving 4% net room growth and expanding its development pipeline to a record 259,000 rooms [2] - Despite negative US RevPAR pressure, full-year comparable-basis adjusted EBITDA and adjusted EPS grew by 4% and 6%, respectively, with adjusted free cash flow exceeding $430 million and nearly $400 million returned to shareholders [3] Future Guidance - For full-year 2026, Wyndham Hotels has guided adjusted EBITDA of $730 million to $745 million, adjusted diluted EPS of $4.62 to $4.80, and fee-related revenues of $1.46 billion to $1.49 billion [3] - Global RevPAR growth is projected to be between -1.5% and 0.5% on a constant currency basis, with room growth expected at 4.0% to 4.5% [4] Dividend and Expansion - The Board of Directors approved a 5% increase in the quarterly cash dividend to $0.43 per share [4] - Wyndham has expanded its presence in South Korea by launching its first managed hotel and initiating two new development projects [4]