Super 8
Search documents
WYNDHAM HOTELS & RESORTS TO REPORT THIRD QUARTER 2025 EARNINGS ON OCTOBER 22, 2025
Prnewswire· 2025-10-01 10:30
Core Points - Wyndham Hotels & Resorts will report its third quarter 2025 results on October 22, 2025, at approximately 4:30 p.m. ET, followed by a conference call on October 23, 2025, at 8:30 a.m. ET to discuss the results and business outlook [1][2] Company Overview - Wyndham Hotels & Resorts is the world's largest hotel franchising company by the number of franchised properties, with around 8,300 hotels across approximately 100 countries on six continents [3] - The company operates a portfolio of 25 hotel brands, including Super 8®, Days Inn®, Ramada®, and La Quinta®, and has approximately 847,000 rooms catering to everyday travelers [3] - Wyndham Rewards, the company's loyalty program, has about 120 million enrolled members who can redeem points at thousands of hotels and vacation rentals globally [3]
WYNDHAM HOTELS & RESORTS TO REPORT SECOND QUARTER 2025 EARNINGS ON JULY 23, 2025
Prnewswire· 2025-06-25 10:30
Group 1 - Wyndham Hotels & Resorts will report its second quarter 2025 results on July 23, 2025, at approximately 4:30 p.m. ET [1] - A conference call with investors will be hosted by the CEO and CFO on July 24, 2025, at 8:30 a.m. ET to discuss the results and business outlook [1] - Listeners can access the live webcast through the company's website and a telephone replay will be available for approximately ten days [2] Group 2 - Wyndham Hotels & Resorts is the world's largest hotel franchising company, with approximately 9,300 hotels across over 95 countries [3] - The company operates a portfolio of 25 hotel brands, including Super 8®, Days Inn®, Ramada®, and others, appealing to the economy and midscale segments [3] - Wyndham Rewards loyalty program has over 115 million enrolled members, allowing them to redeem points at various hotels and vacation rentals globally [3]
WH Expands Super 8 Brand to Support Saudi Arabia's Tourism Growth
ZACKS· 2025-05-15 17:15
Core Viewpoint - Wyndham Hotels & Resorts, Inc. has signed an exclusive development agreement with Le Park Concord Company to expand its Super 8 brand in Saudi Arabia, planning to open 100 hotels over the next 10 years, reflecting a long-term focus on accessible and sustainable hospitality growth in the region [1][4]. Group 1: Expansion Plans - The agreement aims to address the growing need for affordable lodging in Saudi Arabia, which recorded 30 million international visitors in 2024, a 9.5% increase from the previous year, with expectations to reach 150 million annually by the end of the decade [2][3]. - The first Super 8 hotel is expected to open in 2026, with locations planned in Riyadh, Jeddah, Makkah, Madinah, and Al Khobar, focusing on modular construction methods and eco-conscious features [4]. Group 2: Company Growth Metrics - In the first quarter of 2025, Wyndham opened over 15,000 rooms globally, marking a 13% year-over-year growth, with a total of 907,200 rooms as of March 31, 2025, up 4% from the previous year [6]. - The global development pipeline consisted of nearly 2,140 hotels and approximately 254,000 rooms, showcasing a record high level and a 5% year-over-year increase, with about 58% of the pipeline being international [7]. Group 3: Market Performance - Shares of Wyndham Hotels have lost 20.8% in the past three months, compared to a 15.3% decline in the Zacks Hotels and Motels industry, indicating underperformance despite ongoing expansion initiatives likely to foster future growth [9].
Wyndham and Soliteight Unveil Plans to Bring Super 8 Brand to Spain and Portugal with 40 New Hotels Over 10 Years
Prnewswire· 2025-04-24 12:00
Core Insights - Super 8 by Wyndham is expanding into Spain and Portugal to meet the rising demand for budget-friendly accommodations amid record tourism growth in these countries [1][4][3] - The first hotel is set to open in Leiria, Portugal in Q4 2027, with plans for additional locations in key Tier 1 and Tier 2 cities [2][3] - The initiative is a strategic response to the growing need for reliable, high-quality economy hotels in Southern Europe, which currently lags behind other European markets in branded economy hotel penetration [5][4] Market Demand - Spain welcomed a record 94 million international visitors in 2024, while Portugal also experienced significant tourism growth, indicating a robust market for hospitality [4] - The economic performance of Spain, with a 3.2% GDP increase, is driving domestic and business travel, particularly in secondary cities [4] - There is a 10% gap in budget brand penetration in Spain and Portugal, despite a 142% increase in Revenue Per Available Room (RevPAR) since 2019, highlighting the opportunity for Super 8 [5] Development Strategy - The hotels will feature new construction using smart modular designs focused on efficiency and sustainability, aligning with Super 8's commitment to quality [2][3] - Wyndham has partnered with Soliteight as the exclusive developer for Super 8 in Iberia, aiming to provide well-branded economy hotels that offer comfort and value [5][3] Wyndham's Competitive Advantage - Wyndham franchisees benefit from the Wyndham Advantage, which includes nearly $350 million in technology investments over the past six years, enhancing operational efficiency [5] - The company has a large member base of approximately 114 million enrolled Wyndham Rewards members, contributing to a significant portion of global check-ins [5][7]
WYNDHAM HOTELS & RESORTS TO REPORT FIRST QUARTER 2025 EARNINGS ON APRIL 30, 2025
Prnewswire· 2025-04-02 10:30
Core Points - Wyndham Hotels & Resorts will report its first quarter 2025 results on April 30, 2025, at approximately 4:30 p.m. ET [1] - A conference call with investors will be hosted on May 1, 2025, at 8:30 a.m. ET by the CEO and CFO to discuss the results and business outlook [1] Company Overview - Wyndham Hotels & Resorts is the world's largest hotel franchising company by the number of franchised properties, with around 9,300 hotels in over 95 countries [3] - The company operates approximately 903,000 rooms, primarily targeting the economy and midscale segments of the lodging industry [3] - Wyndham's portfolio includes 25 hotel brands, such as Super 8®, Days Inn®, Ramada®, and La Quinta®, among others [3] - The Wyndham Rewards loyalty program has approximately 114 million enrolled members, allowing them to redeem points at various hotels and vacation rentals globally [3]