Home » Wyndham brings Super 8 to Iberia
Wyndham Hotels & Resorts is to expand the European reach of its Super 8 brand
A new agreement signed with partner Soliteight Hotel Projects will see the economy brand roll out across Spain and Portugal
the partners have set out a vision of building a network of up to 40 hotels under the Super 8 brand
A first site has already been earmarked to launch the initiative
Further opportunities will be sought in tier one and tier two cities across the two countries
and popular transit routes in smaller cities and towns
The expectation is that many of the Super 8 hotels will be new builds
utilising a smart modular design that has been devised to maximise efficiency and sustainability
Soliteight will take the lead in finding and developing sites
The company was formed in Portugal in 2019
which have been enjoying strong tourism demand
are in need of more affordable hotel rooms
saw a record 94 million visitors to the country in 2024
while its economy grew by 3.2% – both key drivers of hotel demand across a broad range of destinations
Officials are keen to grow the tourism offer in secondary locations
easing pressures on heavily visited cities such as Barcelona
“Bringing Super 8 to Spain and Portugal is a strategic move to make quality
affordable travel more accessible,” said Dimitris Manikis
“Southern Europe has a growing demand for reliable
budget-friendly accommodations and our collaboration with Soliteight allows us to meet that need
By introducing a trusted brand in key destinations
we ensure travellers can enjoy great value without sacrificing quality.”
Super 8 is a major economy hotel brand with over 2,600 hotels
and a 50 year story of growth and of serving travellers
But it is still growing from a small base in some regions
opening a property in Chester following the refurbishment of a 41 room roadside hotel
a major motorway services operator in the country
has subsequently added a Super 8 in Durham
and plans to convert and add further roadside properties soon
Start a free trial of THP’s database with over 8,500 hotel projects and key contact details
You are currently viewing a placeholder content from HubSpot
Please note that doing so will share data with third-party providers
THP is a subsidiary of Sleeper Media
© 2025 copyright TOPHOTELPROJECTS GmbH – all rights reserved
You will also start receiving the Star's free morning newsletter
poses for photos with RCMP officers and the championship trophy with RCMP officers after winning the Canadian Open golf tournament in Hamilton
CALEDON - It’s not going to be an easy feat for Scotland’s Robert MacIntyre to repeat as RBC Canadian Open champion
England’s Justin Rose as well as Americans Wyndham Clark and Max Homa were all added to the RBC Canadian Open field on Monday
making it tougher for MacIntyre to defend his crown
And that’s before considering Northern Ireland’s Rory McIlroy — the reigning Masters champion and a two-time winner at the men’s national championship — who had already declared his return
because it just adds an extra buzz from the crowd
then it can only help,” MacIntyre told reporters by video call
There’s not many better players than him
and they’ve got the same chance of winning.”
MacIntyre won his first-ever PGA Tour title at Hamilton Golf and Country Club last June
He went on to win the Scottish Open a month later
the first Scot to win twice on the North American tour since Sandy Lyle in 1988
“If I don’t win a major it’s going to be one of the most special things I’ve ever done,” said MacIntyre of his Canadian Open title
“It’s somewhere that I’ll never forget
and I just can’t wait to get back.”
This year’s edition of the Canadian Open will be held at TPC Toronto at Osprey Valley in Caledon
Golf Canada CEO Laurence Applebaum also announced on Monday that the course
approximately 75 kilometres northwest of Toronto
will host the tournament next year as well
they highlight and showcase what Ontario is all about,” said Stan Cho
“It is a world-class destination for sports tourism
and it’s going to get the attention of national and international markets alike
“It’s also going to provide a major boost to the community and local regional economies.”
A full Canadian contingent will also challenge MacIntyre
Canadian PGA Tour winners Corey Conners of Listowel
Pendrith said fans should keep their eyes on No
Every year the par-three hole is hockey themed with boards around the tee box and green and officials wearing referee jerseys
“I think the Rink Hole is going to be awesome
and it’ll provide a lot of excitement,” said Pendrith
“I was there last year for the (charity event) Corby Classic
“I think you might be able to see one this year with some of the pin positions.”
Canadian golf icon Mike Weir of Bright’s Grove
will be competing in his 32nd Canadian Open
Weir will tie the all-time record for starts by a homegrown player with fellow Canadian Golf Hall of Famer George Cumming when he tees it up
and I’ve got to know him pretty well over the last several years,” said Pendrith
noting that he played with Weir in the first two rounds of the 2023 Canadian Open
“It was so cool to see the support that he has
I know he’s playing some good golf this year (on the Champions Tour)
Also confirmed is Ben Silverman of Thornhill
Eight in-season PGA Tour winners were also named to the field on Monday
Garrick Higgo (Corales Punacana Championship)
Andrew Novak (Zurich Classic of New Orleans)
and Ben Griffin (Zurich Classic of New Orleans)
musical performances held on Friday and Saturday night of the golf tournament
has already been announced with Billy Talent and the Sam Roberts Band as the headliners
This report by The Canadian Press was first published May 5
Your browser is out of date and potentially vulnerable to security risks.We recommend switching to one of the following browsers:
Account processing issue - the email address may already exist
Invalid password or account does not exist
Submitting this form below will send a message to your email with a link to change your password
An email message containing instructions on how to reset your password has been sent to the email address listed on your account
Wyndham Clark and Max Homa were all added to the RBC Canadian Open field this afternoon
They’re joining Northern Ireland’s Rory McIlroy and Scotland’s Robert MacIntyre
at Canada’s men’s golf championship
Several Canadians were also announced for the field in the only PGA Tour event north of the border
including Taylor Pendrith of Richmond Hill
Photo Credit: La Quinta by Wyndham Batumi in the country of Georgia. Wyndham Hotels and Resorts
Wyndham has lowered its revenue projections for the year following weaker-than-expected travel demand in March
But executives say recent softness may be temporary
and they were upbeat about growth opportunities tied to infrastructure projects
The hotel franchisor now expects this year's global revenue per available room (RevPAR) to range between a 2% decline and 1% growth
down from its previous outlook of 2-3% growth
The adjustment came after first-quarter RevPAR rose only 0.6% year-over-year
While acknowledging a disappointing March performance
Wyndham President and CEO Geoff Ballotti pointed to a significant improvement in the final week of April
when RevPAR jumped 400 basis points to run about a full point ahead of the prior year
that the uncertainty that's out there could be relatively short-lived," Ballotti said on a Thursday earnings call
Wyndham's infrastructure-related hotel demand dipped about 150 basis points in the first quarter compared to the end of last year as the Trump administration held up some disbursements
Ballotti said a recent meeting with hotel and airline CEOs and Transportation Secretary Sean Duffy provided reassurance that the Trump administration plans to resume and accelerate spending
Wyndham has revised its revenue growth forecast downward due to softer travel demand in early 2024
but company leaders remain optimistic about a near-term recovery
citing positive late-April trends and expected gains from increased infrastructure spending in the U.S
The company is proactively addressing risks from tariffs by shifting sourcing closer to home and mandating domestic suppliers
while its franchise-heavy model and robust development pipeline offer some insulation from broader economic uncertainty
Wyndham continues to achieve record room openings and expansion
maintaining confidence in its long-term growth trajectory
Subscribe for full access to all Skift coverage for as low as $50 a month.See the latest political headlines.
Already a subscriber? Login
RevPAR growth was below the low end of its guidance for Q1
though CEO Geoff Ballotti touted Wyndham’s track record in previous economic downturns
Wyndham “had anticipated stronger performance
especially in March,” CFO Michele Allen said on the Thursday call
Wyndham’s revised global RevPAR growth outlook in 2025 ranges from down 2% to up 1%
the former in case of continued downward economic trends
the latter representing an improvement in the economic environment
“Our track record of industry outperformance [during downturns] is not coincidental,” Ballotti said on the call
noting that Wyndham survived times of economic upheaval such as Sept
the COVID-19 pandemic and the 2008 financial crisis
“It reflects the structural advantages of our select-service model and the nature of the demand we serve
and limited reliance on white collar corporate and group travel
which tends to contract most during economic downturns.”
Ballotti suggested that Wyndham brands could capture trade-down demand from consumers seeking more value in the event of a downturn
He also cited Wyndham’s primarily domestic business
which makes the company “far less impacted by the current international inbound demand.”
International visitation to the U.S. has dropped in recent months. Also in first-quarter earnings calls this week, MGM Resorts International and Caesars Entertainment noted declines in Canadian visitors
with Wyndham posting a record first quarter in terms of room additions — 15,000 rooms
The company’s pipeline is now at an all-time high of 254,000 rooms
In the U.S., the company opened Echo Suites and Hawthorne Suites properties in Texas, Virginia and Wyoming in the quarter, reflecting “growing developer interest in our extended stay new-construction prototypes,” Ballotti said
Get the free daily newsletter read by industry experts
questions still linger — “the exact situation that we did not want to have happen,” AHLA’s VP of government shares
Want to share a company announcement with your peers
The free newsletter covering the top industry headlines
Sign In
Register
CALEDON — It's not going to be an easy feat for Scotland's Robert MacIntyre to repeat as RBC Canadian Open champion
England's Justin Rose as well as Americans Wyndham Clark and Max Homa were all added to the RBC Canadian Open field on Monday
And that's before considering Northern Ireland's Rory McIlroy — the reigning Masters champion and a two-time winner at the men's national championship — who had already declared his return
then it can only help," MacIntyre told reporters by video call
and they've got the same chance of winning."
"If I don't win a major it's going to be one of the most special things I've ever done," said MacIntyre of his Canadian Open title
This year's edition of the Canadian Open will be held at TPC Toronto at Osprey Valley in Caledon
they highlight and showcase what Ontario is all about," said Stan Cho
"It is a world-class destination for sports tourism
and it's going to get the attention of national and international markets alike
"It's also going to provide a major boost to the community and local regional economies."
"I think the Rink Hole is going to be awesome
and it'll provide a lot of excitement," said Pendrith
"I was there last year for the (charity event) Corby Classic
"I think you might be able to see one this year with some of the pin positions."
and I've got to know him pretty well over the last several years," said Pendrith
"It was so cool to see the support that he has
I know he's playing some good golf this year (on the Champions Tour)
Company Delivers Record First Quarter Openings and Development Pipeline
PARSIPPANY, N.J., April 30, 2025 /PRNewswire/ -- Wyndham Hotels & Resorts (NYSE: WH) today announced results for the three months ended March 31
"We delivered a solid start to the year with strong system growth
record first-quarter openings and continued expansion across every region," said Geoff Ballotti
"While the macro environment remains uncertain
we're staying focused on what we can control — investing in high-quality growth
executing with discipline and supporting our franchisees
franchise-only business model has consistently outperformed during economic downturns and positions us well to deliver long-term value for our shareholders through all phases of any economic cycle."
The Company's global system grew 4%. Importantly
these results included 4% growth in the higher RevPAR midscale and above segments in the U.S.
as well as strong growth in the Company's higher RevPAR EMEA and Latin America regions
The Company remains on track to achieve its net room growth outlook of 3.6% to 4.6% for the full year 2025
the Company's global development pipeline consisted of approximately 2,140 hotels and 254,000 rooms
representing another record-high level and a 5% year-over-year increase. Key highlights include:
$ 42.37
First quarter global RevPAR increased 2% in constant currency compared to 2024
RevPAR growth includes 100 basis points of benefit from hurricanes and the timing of the Easter holiday
RevPAR grew 60 basis points year-over-year as pricing strength was partially offset by softer demand with the pullback more pronounced during March
RevPAR growth was also driven by pricing power. The Company continued to see strong performance in its EMEA and Latin America regions
partially offset by modest occupancy declines. In China
demand remained steady but RevPAR declined 8% year-over-year reflecting continued pricing pressure
The comparability of the Company's first quarter results is impacted by marketing fund variability. The Company's reported results and comparable-basis results (adjusted to neutralize these impacts) are presented below to enhance transparency and provide a better understanding of the results of the Company's ongoing operations
$ 304
$ 16
$ 141
$ 0.19
$ 0.78
$ 12
$ 51
$ 0.66
$ 0.15
NOTE: Growth rates may not recalculate due to rounding; see Table 7 for a reconciliation of non-GAAP metrics and Table 9 for definitions
(a) Includes estimated tax impact of marketing fund variability
Full reconciliations of GAAP results to the Company's non-GAAP adjusted measures for all reported periods appear in the tables to this press release
The Company generated $59 million of net cash provided by operating activities and $80 million of free cash flow in first quarter 2025. The Company ended the quarter with a cash balance of $48 million and approximately $637 million in total liquidity.
The Company's net debt leverage ratio was 3.5 times at March 31
at the midpoint of the Company's 3 to 4 times stated target range and in line with expectations
the Company repurchased approximately 797,000 shares of its common stock for $76 million
The Company paid common stock dividends of $33 million
The Company is refining its outlook to reflect a softer-than-expected RevPAR environment
The updated range reflects a variety of potential outcomes for the remainder of the year
from a more optimistic scenario in which the softness seen in March and April proves to be temporary
to a more cautious view that contemplates persistent pressure on demand throughout the remainder of the year
Represents constant currency basis; on a reported basis
The Company continues to expect marketing fund revenues to approximate expenses during full-year 2025 though seasonality of spend will affect the quarterly comparisons throughout the year
More detailed projections are available in Table 8 of this press release. The Company is providing certain financial metrics only on a non-GAAP basis because
it is unable to predict with reasonable certainty the occurrence or amount of all of the adjustments or other potential adjustments that may arise in the future during the forward-looking period
which can be dependent on future events that may not be reliably predicted. Based on past reported results
where one or more of these items have been applicable
2025. A telephone replay will be available for approximately ten days beginning at noon ET on May 1
Financial information discussed in this press release includes non-GAAP measures
which include or exclude certain items. These non-GAAP measures differ from reported GAAP results and are intended to illustrate what management believes are relevant period-over-period comparisons and are helpful to investors as an additional tool for further understanding and assessing the Company's ongoing operating performance. The Company uses these measures internally to assess its operating performance
both absolutely and in comparison to other companies
and to make day to day operating decisions
including in the evaluation of selected compensation decisions. Exclusion of items in the Company's non-GAAP presentation should not be considered an inference that these items are unusual
infrequent or non-recurring. Full reconciliations of GAAP results to the comparable non-GAAP measures for the reported periods appear in the financial tables section of this press release
investors should monitor this section of the Company's website and the Company's social media channels in addition to following the Company's press releases
filings submitted with the Securities and Exchange Commission and any public conference calls or webcasts
This press release contains "forward-looking statements" within the meaning of the federal securities laws
including statements related to Wyndham's current views and expectations with respect to its future performance and operations
cash flow and other financial and operating measures
share repurchases and dividends and restructuring charges
Forward-looking statements are any statements other than statements of historical fact
including those that convey management's expectations as to the future based on plans
estimates and projections at the time Wyndham makes the statements and may be identified by words such as "will," "expect," "believe," "plan," "anticipate," "predict," "intend," "goal," "future," "forward," "remain," "confident," "outlook," "guidance," "target," "objective," "estimate," "projection" and similar words or expressions
including the negative version of such words and expressions
Such forward-looking statements involve known and unknown risks
performance or achievements of Wyndham to be materially different from any future results
performance or achievements expressed or implied by such forward-looking statements
You are cautioned not to place undue reliance on these forward-looking statements
which speak only as of the date of this press release
Factors that could cause actual results to differ materially from those in the forward-looking statements include
higher interest rates and potential recessionary pressures
which may impact decisions by consumers and businesses to use travel accommodations; global trade disputes
including with China; the performance of the financial and credit markets; the economic environment for the hospitality industry; operating risks associated with the hotel franchising business; Wyndham's relationships with franchisees; the impact of war
including the ongoing conflicts between Russia and Ukraine and conflicts in the Middle East
respectively; global or regional health crises or pandemics including the resulting impact on Wyndham's business
the hospitality industry and overall demand for and restrictions on travel; Wyndham's ability to satisfy obligations and agreements under its outstanding indebtedness
including the payment of principal and interest and compliance with the covenants thereunder; risks related to Wyndham's ability to obtain financing and the terms of such financing
including access to liquidity and capital; and Wyndham's ability to make or pay
plans for and the timing and amount of any future share repurchases and/or dividends
as well as the risks described in Wyndham's most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission and any subsequent reports filed with the Securities and Exchange Commission
These risks and uncertainties are not the only ones Wyndham may face and additional risks may arise or become material in the future
Wyndham undertakes no obligation to publicly update or revise any forward-looking statements
$ 126
$ 116
$ 61
$ 16
$ 0.78
$ 0.20
HISTORICAL REVENUE AND ADJUSTED EBITDA BY SEGMENT
$ 316
$ 367
$ 396
$ 341
$ 1,408
$ 161
$ 195
$ 224
$ 189
$ 767
$ —
$ (16)
$ (17)
$ (21)
$ (73)
$ 61
$ 86
$ 102
$ 85
$ 289
$ 145
$ 178
$ 208
$ 168
$ 694
NOTE: Amounts may not add across due to rounding
See Table 7 for reconciliations of Total Company non-GAAP measures and Table 9 for definitions
$ 61
$ 16
Net cash provided by operating activities
Effect of changes in exchange rates on cash
$ 48
$ 50
$ 59
$ 76
Plus: Payments of development advance notes
$ 80
$ 102
Represents payments related to the Company's defense of an unsuccessful hostile takeover attempt
$ 48
$ 103
$ 4,249
$ 4,223
$ 2,528
$ 2,463
Total liabilities and stockholders' equity
$750 million revolving credit facility (due April 2027)
$ 161
$ 88
$500 million 4.375% senior unsecured notes (due August 2028)
$ 2,480
$ 2,360
Represents weighted average interest rates for the first quarter 2025
$ 45
$ 2,528
$ 33.63
$ 42.37
$ 13.42
$ 28.73
$ 36.13
International and global exclude the impact of currency exchange movements
Amounts may not recalculate due to rounding
$ 36.13
$ 36.28
$ 45.99
$ 49.33
$ 40.01
$ 42.91
$ 42.37
$ 41.68
$ 55.44
$ 57.98
$ 46.41
$ 50.37
$ 28.73
$ 29.38
$ 34.11
$ 38.60
$ 32.17
$ 33.59
The tables below reconcile certain non-GAAP financial measures
The presentation of these adjustments is intended to permit the comparison of particular adjustments as they appear in the income statement in order to assist investors' understanding of the overall impact of such adjustments
adjusted net income and adjusted diluted EPS financial measures provide useful information to investors about us and our financial condition and results of operations because these measures are used by our management team to evaluate our operating performance and make day-to-day operating decisions and adjusted EBITDA is frequently used by securities analysts
investors and other interested parties as a common performance measure to compare results or estimate valuations across companies in our industry
These measures also assist our investors in evaluating our ongoing operating performance for the current reporting period and
by adjusting for certain items which may be recurring or non-recurring and which in our view do not necessarily reflect ongoing performance
We also internally use these measures to assess our operating performance
and in evaluating or making selected compensation decisions
These supplemental disclosures are in addition to GAAP reported measures
These non-GAAP reconciliation tables should not be considered in isolation or as a substitute for
financial results and measures determined or calculated in accordance with GAAP and may not be comparable to similarly-titled measures used by other companies
Reconciliation of Net Income to Adjusted EBITDA:
$ 61
$ 145
$ 16
$ 86
$ 102
$ 85
$ 289
$ 141
$ 178
$ 208
$ 168
$ 694
Represents costs related to corporate transactions
including the Company's defense of an unsuccessful hostile takeover attempt
2024 also includes costs related to the Company's repricing and upsizing of its term loan B
Represents costs (income) associated with the Company's spin-off from Wyndham Worldwide
Amounts relate to non-cash charges associated with the Company's refinancing of its term loan B
Represents charges associated with the Company's 2024 restructuring plan consisting primarily of employee related costs
Primarily represents an impairment of development advance notes as a result of the Company's evaluation of the recoverability of their carrying value
Reconciliation of Net Income and Diluted EPS to Adjusted Net Income and Adjusted Diluted EPS:
$ 0.78
$ 0.19
Acquisition-related amortization expense (a)
$ 67
$ 64
$ 0.86
Diluted weighted average shares outstanding
Reflected in depreciation and amortization on the income statement
Reflects the estimated tax effects of the adjustments
Development advance notes amortization expense
Excludes amortization of acquisition-related intangible assets of approximately $27 million
Outlook assumes an effective tax rate of approximately 25%
Excludes the impact of any share repurchases after March 31
If a more significant pullback in demand were to materialize beyond the Company's current assumptions
actual results could fall below this range. To assist with modeling
each 1% change in RevPAR equates to an approximate $10 million impact to fee-related and other revenues and $4 million to adjusted EBITDA
adjusted diluted EPS and free cash flow conversion rate
we exclude certain items which are otherwise included in determining the comparable GAAP financial measures
We are providing these measures on a non-GAAP basis only because
we are unable to predict with reasonable certainty the occurrence or amount of all the adjustments or other potential adjustments that may arise in the future during the forward-looking period
which can be dependent on future events that may not be reliably predicted
Table 9WYNDHAM HOTELS & RESORTSDEFINITIONS
Adjusted Net Income and Adjusted Diluted EPS: Represents net income and diluted earnings per share excluding acquisition-related amortization
foreign currency impacts of highly inflationary countries and special tax items
The Company calculates the income tax effect of the adjustments using an estimated effective tax rate applicable to each adjustment
Adjusted EBITDA: Represents net income excluding net interest expense
foreign currency impacts of highly inflationary countries
income taxes and development advance notes amortization
Adjusted EBITDA is a financial measure that is not recognized under U.S
GAAP and should not be considered as an alternative to net income or other measures of financial performance or liquidity derived in accordance with U.S
the Company's definition of adjusted EBITDA may not be comparable to similarly titled measures of other companies
Adjusted Free Cash Flow: Represents free cash flow excluding payments related to the Company's defense of an unsuccessful hostile takeover attempt
Ancillary Revenues: Represents the summation of the license and other fees line item and other revenues line item per the income statement
Average Daily Rate (ADR): Represents the average rate charged for renting a lodging room for one day
Average Occupancy Rate: Represents the percentage of available rooms occupied during the period
Comparable Basis: Represents a comparison eliminating Marketing Fund Variability
Constant Currency: Represents a comparison eliminating the effects of foreign exchange rate fluctuations between periods (foreign currency translation) and the impact caused by any foreign exchange related activities (i.e.
balance sheet remeasurements and/or adjustments)
FeePAR: Represents annual royalties per room and is calculated by dividing total annual royalty revenue of the Company's franchised hotels by the number of franchised rooms in its system size
Free Cash Flow: Reflects net cash provided by operating activities excluding development advances
The Company believes free cash flow to be a useful operating performance measure to it and investors
This measure helps the Company and investors evaluate its ability to generate cash beyond what is needed to fund capital expenditures
Notwithstanding cash on hand and incremental borrowing capacity
free cash flow reflects the Company's ability to grow its business through investments and acquisitions
as well as its ability to return cash to shareholders through dividends and share repurchases or even to delever
Free cash flow is not a representation of how the Company will use excess cash
A limitation of using free cash flow versus the GAAP measure of net cash provided by operating activities as a means for evaluating Wyndham Hotels is that free cash flow does not represent the total cash movement for the period as detailed in the condensed consolidated statement of cash flows
Free Cash Flow Conversion Rate: Represents the percentage of adjusted EBITDA that is converted to free cash flow and provides insights into how efficiently the Company is able to turn profits into cash available for use
such as for investments (including development advance notes)
Marketing Fund Variability: Relates to the quarterly timing variances from the Company's marketing funds
The Company's franchise agreements require the payment of marketing and reservation fees
and in accordance with these franchise agreements
the Company is generally contractually obligated to expend such fees for the benefit of each of its brands over time. Marketing and reservation fees earned are generally highest during the summer season when the franchised hotels have the highest occupancy and daily rates
while marketing and reservation expenses are generally highest during the first half of the year in an effort to drive higher occupancy in the summer months
the seasonality of the marketing and reservation revenues and expenses results in adjusted EBITDA variability during the quarters throughout the year but are designed such that on a full-year basis
Net Debt Leverage Ratio: Calculated by dividing total debt less cash and cash equivalents by trailing twelve months adjusted EBITDA
Number of Rooms: Represents the number of rooms at the end of the period which are (i) either under franchise and/or management agreements or Company-owned and (ii) properties under affiliation agreements for which the Company receives a fee for reservation and/or other services provided
RevPAR: Represents revenue per available room and is calculated by multiplying average occupancy rate by ADR
Royalty Rate: Represents the average royalty rate earned on the Company's franchised properties and is calculated by dividing total royalties
excluding the impact of amortization of development advance notes
Wyndham Hotels & Resorts introduced its highly anticipated La Quinta by Wyndham brand to the Georgian market
the world's largest hotel franchising company with 25 global brands and approximately 9,300 hotels
Hotels and Resorts
Travel
Earnings
Earnings
Do not sell or share my personal information:
Wyndham Hotels & Resorts opened a record 15,000 rooms globally in the first quarter of 2025
while its development pipeline grew to a record 254,000 rooms
Vishnu Rageev R is a journalist with more than 15 years of experience in business journalism
As a senior journalist with Asian Hospitality
WYNDHAM HOTELS & RESORTS opened a record 15,000 rooms globally in the first quarter
Its development pipeline grew to a record 254,000 rooms
The global hotel system grew 4 percent, driven by higher RevPAR in U.S. midscale and above segments, and a combined 6 percent growth across Europe, the Middle East, Africa and Latin America, Wyndham said in a statement
“We delivered a solid start to the year with strong system growth
and continued expansion across every region,” said Geoff Ballotti
“While the macro environment remains uncertain
we’re focused on what we can control—investing in growth
franchise-only model has consistently outperformed during downturns and positions us well to deliver long-term value for shareholders through all economic cycles.”
Wyndham signed 181 new development contracts globally in the first quarter
70 percent is in midscale and above segments
Global RevPAR rose 2 percent in constant currency
Fee-related and other revenues rose 4 percent to $316 million
Net income jumped to $61 million from $16 million in the first quarter of 2024
driven by lower transaction-related expenses and no impairment or restructuring costs
Adjusted net income rose 5 percent to $67 million
while adjusted EBITDA increased 3 percent to $145 million
Excluding an $8 million impact from marketing fund variability
adjusted EBITDA was up 9 percent on a comparable basis
reflecting stronger revenue and margin gains
Diluted earnings per share surged to $0.78 from $0.19 in the first quarter of 2024
driven by higher income and share repurchases
Adjusted diluted EPS rose 10 percent to $0.86
up about 20 percent year over year excluding marketing fund impacts
The company returned $109 million to shareholders through $76 million in share repurchases and $33 million in dividends ($0.41 per share)
The company’s balance sheet remains strong
with $59 million in net cash from operations
reflecting a softer RevPAR environment due to weaker-than-expected performance in March and April
While the company remains optimistic about a market rebound
it is prepared for continued demand pressure in the months ahead
ongoing expansion in key regions and a healthy financial position
Wyndham is well-positioned for continued growth in 2025
Wyndham saw strong growth in India in 2024
doubling its portfolio since 2018 to 70 hotels
HOUSE of Representatives narrowly passed a sweeping budget blueprint on April 10
setting the stage to extend Donald Trump’s 2017 tax cuts after a delay caused by internal dissent
Despite opposition from all Democrats and two Republicans over spending concerns
speaker Mike Johnson pushed it through with a 216 to 214 vote one day behind schedule
“Congratulations to the House on the passage of a Bill that sets the stage for one of the Greatest and Most Important Signings in the History of our Country,” Trump wrote on Truth Social
The American Hotel and Lodging Association welcomed the budget resolution
which proposes $5 trillion in tax cuts and adds about $5.7 trillion to the federal debt over the next decade
praised Speaker Mike Johnson and Senate Majority Leader John Thune for advancing a budget resolution aimed at preventing tax hikes on American workers and small businesses in the hotel and lodging industry
“This is a critical step to stave off the expiration of important tax provisions and to provide our members
the majority of whom are small business owners
particularly as many are still recovering from the impacts of the COVID-19 pandemic,” she said
“We look forward to continuing to work with lawmakers to build a brighter future for hotel operators and employees seeking upward mobility and exciting lifelong careers.”
Johnson had initially planned to pass the bill on April 9
but internal GOP objections over insufficient spending cuts forced a delay
Several Republicans have publicly opposed the Senate bill
House Budget chair Jodey Arrington, R-Texas, called it “unserious” and “disappointing.”
Democrats couldn't block the resolution Saturday morning but pushed back by forcing votes on amendments
including protections for Medicare and Medicaid
includes at least $4 billion in spending cuts—a sharp drop from the earlier House plan calling for $1.5 trillion
He has also floated tax breaks on overtime pay
and Social Security income—proposals that analysts warn could push the total cost above $11 trillion
Republicans plan to use the budget framework to address the looming debt ceiling
Congress must act by summer to avoid default
Meanwhile, Bank of America card data shows U.S
tourism spending is trailing 2023 and 2024 levels—fueled by post-pandemic demand—across lodging
HUNTER HOTEL ADVISORS secured $31.47 million in financing for three hotels
Hunter’s senior vice president of capital markets
executed the transactions on behalf of the firm
The financing for each property, according to Hunter, includes $14.37 million for Home2 Suites El Paso Airport in El Paso, Texas; $12.82 million for Hampton Inn & Suites Houston Medical Center NRG Park in Houston; and $4.28 million for Fairfield Inn Columbia Northwest/Harbison in Columbia
The properties are owned by companies including White Dove Investments
“The Home2 Suites property provides a notable data point for the non-recourse market,” said Amin
secured a ~68 percent loan-to-cost ratio with a 314-basis-point spread over 5-year Treasuries
was corroborated by multiple CMBS lender offers
The financing includes SBA 7(a) and 504 loans
“The development indicates a loosening of non-recourse lending standards
with lenders showing increased appetite for leverage while still offering competitive rates,” Amin said
acknowledged the growing challenges in securing debt but emphasized the firm’s ability to deliver tailored financial solutions
senior vice presidents Adeel Amin and Charlie Ryan are consistently providing innovative structures to meet client needs,” he said
Hunter’s capital markets team focuses on financing solutions, including debt, equity placements, and subordinate financing. In March
Hunter secured $60.2 million in financing for seven hotels
with individual loans ranging from $5.73 million to $12.8 million and leverage up to 85 percent
recently secured investment from Los Angeles-based Ares Management for a portfolio of eight Marriott and Hilton hotels
select-service and extended-stay properties
The investment amount was not disclosed, but the deal includes additional capital for Excel Group's portfolio growth, the companies said in a joint statement
Virginia-based Excel is led by founder and principal Shoham Amin
“This transaction is a pivotal milestone for Excel that builds on our team’s exceptional work to date,” Amin said
“Our collaboration with Ares combines significant capital resources and a deep understanding of the hospitality landscape
We are excited to have Ares’s strategic support as we expand our portfolio and seek to achieve even greater success in the future.”
Founded in 2011, Excel owns
having acquired about $1 billion in hotel real estate
Ares Management’s co-head of real estate secondaries
said they are excited to partner with Amin and Excel to capitalize on strong fundamentals in the limited- and select-service hotel segments
"We look forward to working closely with the Excel team and strategically adding hotels to the existing portfolio," he said
As of year-end 2024, Ares managed more than $525 billion in assets
Park Madison Partners was the exclusive financial advisor on the transaction
In November
Excel acquired the 209-room Embassy Suites by Hilton Syracuse Destiny USA in Syracuse
HOTELS BENEFIT FROM assessing TRevPAR and GOPPAR for a broader performance view instead of focusing solely on RevPAR
is calculated by dividing total room revenue by available rooms
relying on it alone is like judging a restaurant by its appetizers—it only tells part of the story
HotStats illustrated this with scenarios in its blog post:
Empty Wallet" dilemmaA fully booked hotel that still struggles with profitability
RevPAR says: "You’re winning!"A boutique hotel with 100 fully booked rooms sees RevPAR at $200—a strong performance on the surface
TRevPAR tells a different story:While rooms are sold out
GOPPAR sets the record straight:After operating costs like wages
bringing GOPPAR down to $50—far from the $200 RevPAR suggested
Takeaway: High occupancy doesn’t guarantee high profits
Without optimizing ancillary revenue and cost efficiency
Scenario 2: The "Luxury Leisure" upsellA strategy where a hotel or resort maximizes revenue by encouraging guests to spend beyond room rates
RevPAR says: "Nice job!"A resort’s RevPAR hits $300
driven by premium room rates during peak season
TRevPAR says: "Keep it up!"Guests spend on upscale dining
Total revenue reaches $80,000 for 200 available rooms
GOPPAR says: "You're killing it!"With well-managed costs
Takeaway: TRevPAR and GOPPAR validate RevPAR’s signal but also highlight how upselling and cost control drive real success
Scenario 3: The "Hidden Cost" trapA hotel with strong non-room revenue but shrinking profits due to high costs
RevPAR says: "It’s a slow day."A city hotel’s RevPAR drops to $80 during the off-season
TRevPAR says: "We’re still in the game."Guests spend on co-working spaces and the rooftop bar
keeping total revenue at $15,000 for 100 available rooms
GOPPAR says: "We’re not out of the woods yet.Higher marketing costs to attract off-season travelers cut into profits
bringing GOPPAR down to $30—showing that even with diversified revenue
RevPAR measures room revenue but overlooks other revenue streams and cost efficiency
TRevPAR and GOPPAR provide a clearer picture of a hotel's financial health
This broader view is key to strategic decisions
but weak ancillary revenue or poor cost management can erode profitability
strong non-room revenue can offset lower RevPAR
Understanding these metrics helps hoteliers identify opportunities
address inefficiencies and drive long-term profitability
It’s not just about revenue—it’s about how effectively it converts to profit
ask: "What about TRevPAR and GOPPAR?" After all
A November 2023 HotStats blogpost highlighted benchmarking as the first step in budget planning and noted the rise of zero-based budgeting in hospitality since the pandemic
HUNTER HOTEL ADVISORS secured $60.2 million in financing for seven hotels
with loans ranging from $5.73 million to $12.8 million and up to 85 percent financing
led by CEO Hemal Patel and Lotus Hospitality Investments used the financing to support their expansion
The financing includes SBA 7(a) and 504 loans for:
“The year 2024 ended on a strong note and a tailwind propelling us into 2025,” said Adeel Amin
“A renewed appetite for traditional bank loans is emerging
while innovative structures like variable-rate SBA 504 programs are also gaining traction
As the market finds its footing in this evolving landscape
lending is increasingly dictated by debt-service coverage ratios
government-backed loans are poised to remain a critical component of the financing landscape for loan requests requiring maximum leverage up to 80 percent or low DSCRs.”
Hemal Patel said Prada Hotels is excited to expand into Chantilly
“The extended-stay market continues to thrive
and the locations are ideal for a hands-on operation such as ours,” he said
but Adeel had effective solutions and guided us through the entire process.”
“Lotus Hospitality Investments is expanding its portfolio with the acquisition of two Candlewood Suites properties in Kentucky and Indianapolis,” said Minesh Deva of Lotus Hospitality
“Securing optimal financing for the underperforming assets proved challenging
we successfully navigated the complexities of government-backed lending to maximize leverage for both deals while also structuring the financing to allow for a timely exit upon stabilization.”
Hyatt CEO Mark Hoplamazian will join Peachtree Group CEO Greg Friedman for a fireside chat at the Hunter Investment Conference on March 19
Photo Credit: The Airbnb app displayed on a smartphone screen. Adobe Stock / mariakray
Select a question above or ask something else
Skift Travel Podcasts
Here’s what you need to know about the business of travel today
Airbnb’s core business — nights booked — has struggled to record double-digit growth recently. Executive Editor Dennis Schaal delves into the company’s strategy for getting back to that mark
CEO Brian Chesky cited international expansion as a potential big driver of growth during the company’s earnings call on Thursday
Airbnb said its key expansion markets — including Italy
and Japan — grew more than twice as fast as Airbnb’s core markets.
Chesky added that bringing more high-quality hotels onto the platform is part of Airbnb’s plan
The company recently launched a promotion where guests who book on HotelTonight
get a 10% credit on Airbnb.
Apple Podcasts | Spotify | Youtube | RSS
Next, Wyndham has lowered its growth forecast for the year following weaker-than-expected travel demand in March
But the company is optimistic about growth opportunities tied to infrastructure projects
writes Senior Hospitality Editor Sean O’Neill
Wyndham now forecasts this year’s global revenue per available room to be between a 2% decline and 1% growth
That’s down from the company’s previous outlook of 2-3% growth
But CEO Geoff Ballotti also expressed optimism that the Trump administration’s plans to ramp up spending on highway and bridge construction could increase hotel demand
Wyndham projected last year that infrastructure spending would drive over 3 billion dollars in room revenue to their hotels over the next 8 to 10 years
Wyndham reported it opened a record 15,000 rooms in the first quarter
Finally, Hyatt has trimmed its full-year outlook as executives said it’s dealing with “greater macro uncertainty,” writes Senior Hospitality Editor Sean O’Neill
Hyatt now anticipates revenue per available room to increase 1% to 3% this year
That forecast comes after a strong first quarter saw close to 6% growth
CEO Mark Hoplmazian said the company has seen both “softer booking trends” and a "choppy environment."
One bright spot for Hyatt is that its luxury brands registered an 8% growth in revenue per available room during the first quarter.
Tags: airbnb, hyatt, skift daily briefing, wyndham
The article discusses recent strategic moves and outlooks from major hospitality companies
Airbnb is targeting international markets and expanding its hotel offerings to revive its core business growth
Wyndham has lowered its revenue forecast after weaker-than-expected demand but sees potential in infrastructure-driven hotel demand
Hyatt has trimmed its full-year expectations due to economic uncertainty
though its luxury brands have performed strongly
Despite near-term macroeconomic challenges for the consumer—still-elevated inflation
depleted consumer savings - we expect Wyndham Hotels & Resorts to gradually expand room share in the hotel industry and maintain a brand intangible asset and switching cost advantage
This view is supported by the company's 50% share of all US economy and midscale branded hotels (where Wyndham has a handful of the top 10 brands based on guest satisfaction
Power) and the industry’s fourth-largest loyalty program by membership (115 million as of March 31
which encourages third-party hotel owners to join the platform
Wyndham has around 5% and 2% share of existing US and global hotel rooms
with a pipeline that represents 28% of its current unit base
we see room growth averaging over 3% during the next 10 years (2025-34)
above the 1%-2% lift we model for the US hotel industry
we forecast 2%-3% annual revenue per available room growth through the rest of this decade
aided by further price and occupancy increases
as well as incremental demand from increased US infrastructure (22% of 2024 gross room revenue from infrastructure workers) build out during the next several years
We’d like to share more about how we work and what drives our day-to-day business
How we use your information depends on the product and service that you use and your relationship with us
To learn more about how we handle and protect your data, visit our privacy center
Read our editorial policy to learn more about our process
Please try using other words for your search or explore other sections of the website for relevant information
Our team is working diligently to resolve the issue
Thank you for your patience and understanding
Wyndham Hotels (WH) reported $316 million in revenue for the quarter ended March 2025
representing a year-over-year increase of 3.6%
EPS of $0.86 for the same period compares to $0.78 a year ago
The reported revenue compares to the Zacks Consensus Estimate of $316.19 million
The company delivered an EPS surprise of +4.88%
with the consensus EPS estimate being $0.82
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action
some key metrics always provide a better insight into a company's underlying performance
As these metrics influence top- and bottom-line performance
comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately
Here is how Wyndham performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Wyndham Hotels & Resorts (WH) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq
This data feed is not available at this time
These symbols will be available throughout the site during your session
These instruments will be available throughout the site during your session
Smart Portfolio is supported by our partner TipRanks. By connecting my portfolio to TipRanks Smart Portfolio I agree to their Terms of Use
— Wyndham Clark summed up his Augusta National struggles in one word: putting
“I think I had nine three-putts this week, which is unprecedented for me,” said Clark, who finished the 2025 Masters at 5 over
“You hit it to 12 feet and you're playing two feet of break,” he said of Augusta National
the 31-year-old started hot with birdies on Nos
“I've played nice each day starting wise,” the Colorado native said
Clark said he’ll now turn his attention to Harbour Town
Disney+ Streaming Par 3 Contest for First Time with ESPN+
ESPN’s live coverage of the fun and popular Masters Par 3 Contest at Augusta National Golf Club is changing and expanding for this year’s event and for the first time
two current players will be part of the coverage as analysts
Golfers Wyndham Clark and Max Homa are joining ESPN’s commentary team for the Wednesday, April 9, event and will work with lead announcer Scott Van Pelt at separate times during the four-hour presentation
“We look forward to having Wyndham and Max as part of our coverage of the Masters Par 3 Contest,” said Mike McQuade
“Having them interacting with Scott Van Pelt in the booth and bringing their perspective to the telecast will help us serve and entertain sports fans during this fun event.”
ESPN’s two-hour telecast of the Masters Par 3 Contest will start at 2 p.m
providing live television coverage when the majority of the players are on the Par 3 course
viewing options for the Par 3 Contest will include an expanded four hours of streaming coverage on ESPN+
the Masters Par 3 Contest also will be available to stream on Disney+ for all subscribers
The Contest will have a prime time encore presentation at 10 p.m
on ESPN2 and will be available for on-demand streaming on ESPN+ and Disney+
In addition to Van Pelt and the two players, Marty Smith and Laura Rutledge will conduct interviews during the coverage
ESPN’s reimagined Wednesday schedule will also include two one-hour editions of SportsCenter at the Masters (noon and 4 p.m.) and an additional episode of Welcome to the Masters at 1 p.m
ESPN+ will stream a live two-hour Wednesday at the Masters practice round coverage program at 10 a.m
Media contact: [email protected]
Need Photos? Click the logo and sign up for access to the ESPN Images Library
On Sunday, in a bonus weekend walkaround, we gave you a look at the new Town Hall, The Beach Theater and The Wyndham demo project. We’ve been told the final building on the Wyndham property will be down in about a month. Watch the Sunday walkaround HERE or HERE
and website in this browser for the next time I comment
Δdocument.getElementById( "ak_js_1" ).setAttribute( "value"
the company opened a record number of rooms
Wyndham’s development pipeline grew 2% sequentially and 5% year over year to a record 252,000 rooms in the fourth quarter
Development growth can be attributed in part to Wyndham’s focus on extended stay
new construction will account for a larger share of rooms growth as Echo Suites openings accelerate
Ballotti said the young brand is “ramping faster” than anticipated
Wyndham is also growing its upscale extended stay portfolio this quarter with the apartment-style Reside brand in Washington, D.C., and Houston, Ballotti added.
Within the U.S., weekdays outperformed weekends for bookings, driven in part by infrastructure-led demand.
Ballotti said the data center push — ”a defining trend in the digital era” — gives Wyndham “increased confidence in continued outsized RevPAR improvements” for existing and pipeline hotels in top data center markets, such as Dallas; Columbus, Ohio; and Jackson, Mississippi.
Though the law implements May 3, questions still linger — “the exact situation that we did not want to have happen,” AHLA’s VP of government shares.
Subscribe to Hotel Dive for top news, trends & analysis
Want to share a company announcement with your peers?
President Donald Trump holds a cabinet meeting at the White House.
WATCH LIVEHundreds forced to re-book hotels after Springfield Wyndham closureby Monique Davis
ILLINOIS — The Wyndham has been deemed unsafe for occupancy following vandalism on the property
It caused significant damage to water pipes and the elevator system
Sangamon County Crime Stoppers have recently raised the reward for tips that lead to an arrest to $4,000
But the closure of the hotel has possibly left Springfield in a tight spot
The Executive Director from the Springfield's Visitor Center
told me they have worked with about a dozen organizations
meeting planners and groups affected by the Wyndham closure
The visitor’s center worked directly with these dozen organizations because their travel plans were sourced through their office
Dahl said his organization is confident no conferences or meetings will be moved out of Springfield
and we have almost 400,000 square feet of meeting space,” Dahl said
and we’re working with those groups to remotely move their meetings to these other locations and provide transportation when needed."
Dahl added the Wyndham closure has not had a negative impact on the city of Springfield just yet
He says his organization has planned for 90 to 120 days in advance to help organizations in need
Career and Community Leaders of America has a conference in two days at the Springfield BOS Center
nearly 450 of the association’s attendees must find new accommodations
told me they rented out 200 hotel rooms and all of the conference spaces at the Wyndham Hotel
The association had to partner with the visitor center to secure rooms at six different hotels across the city
Instead of attendees walking from the Wyndham Hotel to the BOS Center
Lockwood said their association now has to provide shuttle service from each hotel
Additional shuttle service is required for attendees who are competing in competitions at the Crowne Plaza Hotel
Lockwood said she won’t have the exact number of how much extra money the association has to spend until the end of the week
Schools a part of the association have already issued check payments to the Wyndham in advance
The payments were in transition to be sent to the hotel
but Lockwood said staff from the Wyndham said the payments have not been received yet
The schools are trying to have the payments cancelled from being sent to the Wyndham and re-rerouted to the hotels they will now be staying at
Since most meetings and conferences are sourced through the visitor’s center
Dahl said they feel obligated to offer assistance
“We’re going to work with them,” Dahl said
and meeting planners to be sure their experience is top notch in Springfield.”
To help other events impacted by the closure
Dahl added the city is working to provide alternative dates or locations to make sure every conference is accommodated
“We’ve been working with the Spring Hotel Lodging Association
we’ve been able to place the meetings and the groups within Springfield,” Dahl said
To get an idea of how long the Wyndham Hotel will be closed
I went on their website to try to book a room in December and it said no rooms are available at this time
I reached out to Wyndham's general manager for a comment
but did not receive a response at this time
Authorities have put a temporary halt to overnight stays at Springfield's Wyndham Hotel
sprinkler systems and water lines are compromised
Police are also investigating the damage as "intentional and vandalism."
An alarm on March 27 led the Springfield Fire Department to find no fires, but they did find flooding and damage to the elevator system, stated Amber Sabin, director of customer and media relations for City, Water, Light and Power
The fire alarm and sprinkler systems were also found to not be in proper working condition
Springfield Police officials did not return messages for comment
meaning they deemed it unsafe for visitors to sleep in the building
That decision is made by the Springfield Fire Department Fire Safety Division based on investigations and inspections by SFD and the State Fire Marshal
They placarded the property "for not meeting the Life Safety Code standards due to nonworking elevators and out of service fire alarm and fire sprinkler systems," Sabin wrote
More: Have a few million dollars lying around? You could own Springfield's tallest building
Authorities are working with the hotel staff to make sure they understand the issues and to assist them in taking the steps to re-open the hotel for overnight stays
Fire inspectors and building inspectors are working to figure out how the damages may be related
Chief Canny told The State Journal-Register
It’s a big building and there’s a lot going on," he added
More: Springfield man dies after fleeing from a sheriff's deputy, crashing into parked vehicle
A contingency plan is being hatched for any conventions or events that may be impacted
The Springfield Convention Center & Visitors Bureau along with the Springfield Hotel & Loding Association are involved
“We are prepared to help make new arrangements for any groups needing overnight accommodations until hotel repairs are complete and the Wyndham is fully returned to service," stated Scott Dahl
The General Manager at Wyndham City Centre
released a statement expressing apologies and said that staff is fully cooperating with law enforcement to learn what happened
"We understand this has impacted those with in-house stays and future reservations
and we sincerely regret any inconvenience this has caused," she wrote
(This story was updated to include new information.)
Tom Ackerman covers breaking news and trending news along with general news for the Springfield State Journal-Register
He can be reached at tackerman@gannett.com
Our #1 AI Stock Pick is on a steep discount - 29.99$ instead of 99.99$! Click here to access exclusive research
Wyndham Hotels & Resorts, Inc. (NYSE:WH) Q1 2025 Earnings Call Transcript May 1
Operator: Welcome everyone to the Wyndham Hotels & Resorts First Quarter 2025 Earnings Conference Call
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 Capuzzi
Senior Vice President of Investor Relations
I want to remind you that our remarks today will contain forward-looking statements
These statements are subject to risk factors that may cause our actual results to differ materially from those expressed or implied
These risk factors are discussed in detail in our most recent annual report on Form 10-K
filed with the Securities and Exchange Commission
and any subsequent reports filed with the SEC
We’ll also be referring to a number of non-GAAP measures
Corresponding GAAP measures and a reconciliation of non-GAAP measures to GAAP metrics are provided in our earnings release and investor presentation
which are available on our Investor Relations website at investor.wyndhamhotels.com
We are providing certain measures discussing future impact on a non-GAAP basis only because without unreasonable efforts
we are unable to provide the comparable GAAP metric
we posted an investor presentation containing supplemental information on our Investor Relations website
We may continue to provide supplemental information on our website and on our social media channels in the future
we encourage investors to monitor our website and our social media channels in addition to our press releases
and any public conference calls or webcasts
we delivered a very solid start to the year
Adjusted EBITDA grew 9% on a comparable basis
We grew our global system by 4% and our pipeline by 5%
We drove continued growth in our ancillary fee streams
and we returned nearly $110 million to our shareholders
Global RevPAR grew 2% in constant currency
International RevPAR grew in all regions except China
excluding Argentina’s hyperinflation
with both strong ADR and higher FeePAR additions in Mexico and in the Caribbean
And Southeast Asia and the Pacific Rim posted year-over-year RevPAR growth of 8%
As you’ve all been tracking through STR
momentum softened in February and March as consumer sentiment weakened
Our results finished about 3 points below our expectations
when normalizing for the benefit from hurricanes and the Easter shift to Q2
increasing 110 basis points for the quarter against a 50 basis point decline in demand
When normalizing for the timing of Easter and the lapping of last year’s solar eclipse
consistent with what we saw in March on a normalized basis
And while March and April results have trended below the expectations we had assumed in our original outlook
and Michele will take you through our revised outlook in a moment
indicating positive momentum as we head into the busy summer travel months
our brands have always outperformed in periods of economic downturn relative to the overall industry
RevPAR for our select service hotels outperformed STR’s upscale and above segments by 300 basis points
Wyndham’s track record of industry outperformance is not coincidental
It reflects the structural advantages of our select-service model and the nature of the demand that we serve
With limited reliance on white-collar corporate and group travel
which tends to contract most during economic downturns
our business is anchored by a stable and resilient base of essential frontline blue-collar workers
a guest segment that continues to drive consistent demand even as broader corporate discretionary travel budgets tighten
This segment has shown resilience through prior cycles
and we expect it to do the same in any macroeconomic setup
we are far less impacted by the current international inbound demand declines
Less than 3% of our bookings in the United States arrive from international inbounds
Approximately 90% of our footprint is concentrated in drive-to markets
where leisure demand is less impacted by the cost and the complexity of air travel
Our brands are attractively priced relative to upscale full-service hotels
positioning Wyndham to capture trade-down demand from both leisure and business travelers seeking value
We outperform in times of economic distress because our model is different
hotel owners consistently turn to brands at scale that they know and that they trust
and brands that outperform their competitors
As independent and underperforming branded hotels face mounting pressure
Wyndham offers the tools and the support needed to compete more effectively
our existing system and pipeline of select service and extended stay hotels are located in regions where demand is growing
Whether it’s in markets driven by the on-shoring that new tariffs are creating
whether it’s in markets that are beginning to benefit from large infrastructure projects that are finally beginning to break ground from the federal infrastructure bill where allocations are ramping
or whether it’s from new private sector investments in large data center projects across the country
Wyndham’s portfolio is well positioned to serve the everyday travel that these markets will benefit from in the decade ahead
Our continued momentum on the development front speaks volumes
reflecting not only the strength of our value proposition to owners
but also the confidence that they have in our ability to perform in any range of market conditions
This was a record first quarter for us in terms of room additions
and our development teams drove sequential net room growth across every region we operated
expanding our pipeline for the 19th consecutive quarter to a new all-time high of 254,000 rooms
representing an average FeePAR premium of over 30% versus our current domestic and international systems
driven by conversions like the Wyndham Avanti Resort & Conference Center on International Drive in Orlando
and new construction openings like the La Quinta Hotel and La Habra in Orange County
New ECHO Suites and Hawthorn Suites openings continued across Texas
reflecting growing developer interest in our extended stay new construction prototypes
With continued strong interest in our brands across Europe
with new construction additions like the La Quinta Batumi Beach in Georgia’s coastal hotspot
with high-quality conversions like the Wyndham Alltra Punta Cana Resort
and new construction hotels like the new TRYP by Wyndham Guzmán
including the debut of our Wyndham Grand Brand in Phnom Penh
our team doubled our direct franchising system openings
and grew net direct franchise rooms by 17%
with both spectacular new conversions and beautiful new construction additions like the Days Inn by Wyndham Shantou Jinping
our legacy master licensed franchisees in China grew at a much slower pace
global system growth would have been 30 basis points higher than our headline growth rate
underscoring our strategic focus on accelerating growth within our direct franchising platform internationally
where we continue to see stronger FeePAR and greater revenue potential in the quarters and the years ahead
As we prioritize our development growth in higher FeePAR geographies and higher chain scales
as we build scale in markets where we already have significant density
and as we expand our direct franchising in select regions previously heavily reliant on master-licensee relationships
the hotels we’re adding are entering the system with a stronger economics
contributing to meaningful royalty rate accretion
our royalty rate increased by 19 basis points domestically and by 15 basis points internationally
By continuing to remix our portfolio towards higher FeePAR hotels
we’re elevating the long-term earnings power of our system
We also continue to see strong momentum in our ancillary fee growth this quarter
driven by our renewed co-branded credit card agreement
new Barclays accounts rose 11% and spend volumes increased 7%
is attracting a much younger demographic into our ecosystem
And we recently announced a new partnership adding Carnival Cruise Lines to Wyndham Rewards
giving our loyalty members even more ways to explore
and to make the very most out of their vacations
we want to recognize our phenomenal team members around the world
For the third straight year and the 5th time overall
Wyndham was named one of the World’s Most Ethical Companies by Ethisphere
and the integrity that our teams bring to their work every day
and it’s what makes Wyndham such a great place to work and a great company to partner with
while the current demand environment is uncertain
and each time we’ve stayed grounded in what we do best
and advancing the strategic initiatives that strengthen our business over time
which is exactly what we’re focused on doing right now
Our value proposition is stronger than ever
It’s powered by our world-class teams
the industry’s number one loyalty program
asset-light business model designed to perform through all phases of any economic cycle
We remain confident that our growth strategy will continue to deliver meaningful value for all of our stakeholders
I’ll now turn the call over to Michele
I’ll begin my remarks today with a detailed review of our first quarter results
I’ll then review our cash flows and balance sheet
let me remind everyone that the comparability of our quarterly results is impacted by the timing of our marketing fund spend
marketing fund expenses exceeded revenues by $22 million
compared to expenses exceeding revenues by $14 million in the first quarter of last year
To enhance transparency and provide a better understanding of the results of our ongoing operations
I will be highlighting our results on a comparable basis
which neutralizes the marketing fund impact
we generated $316 million of fee-related and other revenues
Fee-related and other revenues increased $12 million year-over-year
principally reflecting a 9% increase in royalties and franchise fees
The increase in royalties and franchise fees reflects system growth of 4%
royalty rate improvement of 16 basis points
Our ancillary revenue growth was primarily driven by higher credit card and partnership fees
primarily reflecting the higher fee-related and other revenue
and approximately 60 basis points of margin improvement
First quarter adjusted diluted EPS was $0.86
up 20% on a comparable basis due to EBITDA growth
partially offset by higher interest expense
First quarter free cash flow was $80 million
converting from adjusted EBITDA at approximately 55% in line with our expectations
We returned $109 million to our shareholders in the first quarter through $76 million of share repurchases and $33 million of common stock dividends
Amid broader market volatility and a meaningful share price decline during the quarter
repurchasing 35% more than we did in the first quarter of 2024
We closed the quarter with approximately $640 million in total liquidity and our net leverage ratio of 3.5x remained as expected at the midpoint of our target range
While first quarter global RevPAR performed in line with our expectations
given the relative ease of the year-over-year comparison
With trends remaining softer through April
we are refining our 2025 outlook to reflect a more cautious view of industry-wide RevPAR performance for the remainder of the year
Our current assumption is that full-year constant currency global RevPAR will range between down 2% to up 1%
The high end of this range assumes the remaining nine months of the year
performed largely in line with our original outlook
essentially implying a swift resolution to the current global trade tensions and a corresponding improvement in consumer sentiment
we believe it provides a useful reference point for modeling purposes
the lower end of the range reflects RevPAR performance more consistent with the trends we saw in March and April
where the rest of the year declined about 3%
Given the current uncertainty and limited long-term visibility
we believe this new guidance is a reasonable lower bound for planning purposes
but a prudent response in today’s volatile macro environment
we’ve provided RevPAR sensitivities on Slide 21 of our investor presentation
Every one-point change in RevPAR equates to an approximate $10 million impact to fee-related and other revenues and $4 million impact to adjusted EBITDA
There are no changes to our net room growth outlook
Fee-related and other revenues is now expected to be $1.45 billion to $1.49 billion
down from our prior outlook of $1.49 billion to $1.51 billion
This decline is roughly split evenly between royalties and franchisees and marketing
we’re taking prudent action to manage expenses carefully
which is allowing us to meaningfully offset much of the revenue impact at the EBITDA line
Adjusted EBITDA is now expected to be between $730 million and $745 million
down $10 million to $15 million from our prior outlook
Adjusted net income is projected to be $358 million to $372 million
and adjusted diluted EPS is projected at $4.57 to $4.74
which reflects the first quarter share repurchases and is based on a diluted share count of $78.4 million
our EPS outlook assumes no share repurchase activity or incremental interest expense associated with any potential borrowing activity
Free-cash flow conversion before development advances is expected to be approximately 57%
There is no change to our development advance spend outlook
our expectation remains that at the RevPAR levels we’re now guiding to
the funds will break even on a full-year basis
We also expect the marketing funds will break even in the second quarter
Our business model is built for resilience
we no longer carry management or performance-based operating guarantees
and nearly 100% of our system is franchised
making Wyndham the most asset-light business in the industry
Our strong balance sheet enables us to stay focused on our long-term growth strategy
and the flexibility to lean in when opportunities arise
these strengths position us to unlock long-term value and deliver meaningful returns for our shareholders
Geoff and I would be happy to take your questions
Operator: [Operator Instructions] Thank you
We’ll take our first question today from Lizzie Dove with Goldman Sachs
I just wanted to say a big congratulations on the new addition to your family last week
A – Geoff Ballotti: Thank you very much
and now three grandsons in two short years
I appreciate all the comments around the range of outcomes for RevPAR outlook
could you share a little more about what you’ve been seeing and just put a finer point on what has changed
I think last quarter the makeup of the outlook of 2% to 3% in the U.S
was about 150 to 200 basis points infrastructure
I’m just curious how that buildup is different today
It’s probably a little bit different on the infrastructure side
But to your first part of your question in terms of what we’re seeing
I’d say we’re all still optimistic on the team
Normalized April demand was performing as Michele said
But that wasn’t until last week where we saw RevPAR improve by 400 basis points
running about a full point ahead of the prior year
20 days out with a third of our business on the books
is trending in line with our revised outlook with pricing holding firm
and I think that’s really important
Our franchisees realize that there is still pricing power out there
that their ADRs are still well below inflation and a good room for ADRs to run
And I’ve got to give a shout-out to our teams who are working so hard to communicate with our franchisees
our revenue management best practices to really drive rate and margin
We have a global conference coming up in a couple weeks
and that will be what we’re talking about
ensuring that franchisees are building that base business with contracted
really taking advantage of all of our on-demand and digital marketing
I think it was your question to Michele on last month’s call
A third of our hotel’s full-year demand shows up in June
and so we’re exiting April with momentum
And we’re encouraged that leisure transient will pick up into the summer months
and there are lots of other reasons for that optimism
Our average lead times are holding steady at 20 nights
and our average lengths of stay are still well ahead of where they were pre-COVID level
they picked up 3% year-on-year based on the paid media campaigns that our marketing funds were running
was significantly higher than they were pre-COVID level
our middle-income guests are still more employed with wages and with savings higher than pre-COVID
and nearly half of all Americans are still saying that they are planning a vacation for this summer
we don’t have foresight to in terms of our booking windows
we’re optimistic on the blue-collar everyday travel fronts
We’re seeing increasing private on-shoring and public infrastructure demand
although it did start off slower than what we saw in the fourth quarter in terms of that 150 basis points
I don’t know if you want to add anything to that
I think the biggest disconnect from our initial guide and the results we saw back in January was leisure just not performing as strongly as we had expected
Our weekday trends continue to outperform our weekend trends
It’s really just that consumer sentiment resulting from the macro uncertainty that’s weighing on the overall leisure occupancy and driving
And so if we think about the remainder of the year
we’re expecting at the low end that the rest of the year will perform consistent with the normalized trends we saw in March and April
just assuming that there could be potential that those trends were more of just a short-term reaction to the uncertainty
we would see the improvement that Geoff is talking about
And in addition to the positive momentum he referenced
I would just add we’re also seeing Google search volumes up over the last two weeks in April as it relates to hotel and travel-related keywords
giving us optimism that consumers are beginning to plan their summer vacations
Operator: And we’ll take our next question from Michael Bellisario with Baird
so I’m doing my part to catch up to you
you didn’t talk about your longer-term outlook in algo
I don’t think that slide’s in your deck anymore
So maybe can you just help us frame what that outlook would be in the current environment
maybe what changes and sort of what are the sensitivities that we should be thinking about there looking out to ‘26 today
and there is nothing that we’re seeing that would prevent us from delivering
We’ve had a lot of questions on net room growth
We’ve had a record first quarter as we talked about
with 180 hotel contracts awarded up 6% to last year and up 40% to the first quarter of 2019
So I think we’ll have a better perspective on 2026 once we see how 2025 plays out in February
At the midpoint of this year’s original outlook
we were pacing toward an 8.5% EBITDA CAGR over the three-year period
EBITDA’s down only about $13 million this year
Our focus is on controlling what we can control
and everything within our control is performing at or above our expectations; system growth
So we’ll continue to execute against our strategic priorities
deploy capital where it drives the greatest long-term return
those under-earning years should then be followed by stronger-than-average ones
So we feel really good about the fundamentals we can control
We’re confident our business can compound growth at attractive rates in a more normalized RevPAR environment
Operator: And we’ll take our next question from Brandt Montour with Barclays
So I wanted to talk a little bit about the development backdrop
The net unit growth in the first quarter was just – I mean
it was just a touch below the range for the year
And to that – you know you guys reaffirming that
it implies a little bit of a lift as you go through the year
I’m wondering if (A) that’s sort of planned
what you guys expected to happen as you go through the year
if you could just talk about – 70% of your opens are conversions
If you could just talk about the puts and takes of the conversion business and that momentum as it pertains to the current backdrop
we’ve got this potential counter-cyclicality effect of slowing RevPAR potentially helping
A – Geoff Ballotti: There’s a lot in there
and I’ll start with where you started
I think we feel very good about the first quarter in terms of where we landed
There’s a good slide Matt put in the deck in terms of what we needed to do this quarter
is making us doubt our long-term 3% to 5% algo
we – there’s – I think it’s Slide 6 in the IP which talks about our ability to flex up
But we were around 90% conversions during COVID
And you saw that normalize in our investor presentation
given the strength and the success of our new construction prototypes
Our new construction openings ticked up by 500 basis points
our new construction pipeline being up 400 basis points to 1,500 hotels in the first quarter
So is there the ability to flex up in conversions
Domestically our conversion pipeline was up double digits versus last year
We’re feeling great about it internationally
We met with dozens of developers this quarter in Southeast Asia where our signings were strong
We grew in Southeast Asia significantly in the quarter and in China
You saw 90% more room openings than last quarter and a 17% domestic net room growth over there
we talked about that 40% increase in the pipeline
infrastructure demand is exploding and hotel supply just can’t keep up
the first franchise company to enter India before franchising was even as popular as it is today
And we are today the company with more franchise hotels than anyone else
and India is really what’s helping fuel our EMEA growth in both the openings and the pipeline
And then the last part of your question on what we’re hearing in terms of costs
and whether or not that’s going to slow things down
But our teams are doing a great job shifting sourcing
and negotiating with suppliers to share in the increased costs
and you’ve read a lot about the cost of steel and aluminum in the industry
we’re a lot less about steel and aluminum
Most of our new construction is stick construction as opposed to steel and aluminum construction
the administration exempted Canadian lumber from the new tariffs
what it knew its impact would be on new construction
And then the concern shifts to imported fixtures
that the uncertainty that’s out there
we’ve worked through – they’ve worked through supply chain disruptions before
and they are increasingly looking to us for help
and our teams are increasingly sourcing domestically wherever possible
we’re mandating at least one domestic sourcing solution for all important supply categories
our FF&E for our new Days Inn Dawn prototype
Days Inn is our best-performing economy brand right now
and Days Inn Dawn prototype is a big part of that
It’s being sourced entirely from North Carolina or Texas
which we’ve talked a lot about our fastest-growing new construction brand launch yet
all of that FF&E is manufactured in Minnesota
where we’re not seeing any costs increase yet
So we’re – sourcing is not domestic
We’re certainly expanding solutions in other countries when it comes to things like technology
optimistic that this is going to be more temporary than long-term
Operator: We’ll take our next question from David Katz with Jefferies
Geoff Ballotti: We won’t comment on that
David Katz : I wanted to talk about your development engine and sort of the development process
easy to get sort of sucked into the near-term RevPAR and demand
but taking the long-term view on how you’re
I’d love some geographic updates on how you’re doing in different areas
There’s been a lot of concern about
what might be going on in Asia or elsewhere with it
just talk a little bit about sort of key money and key money strategies
It’s another area that we’re all quite interested in
I’ll start off and pass it to Michele on key money
She’s very tough about those key money allocations
and we’re not doing much of it to the chagrin of our international Presidents overseas
and we’ve just seen continued acceleration on both the execution and the development front
Many of our peers have been talking about building master license relationships over there and how well they are working for them
We’ve been very focused having entered China
to focus more on selling the 20-plus brands that are not master licensed directly
because they’re coming in at much higher FeePAR’s
more deals executed than they did last year
whether it’s in countries like Thailand or Singapore
and we’re seeing really strong growth on both the new construction side and on the conversion side
We have continually invested in our franchise sales and development teams overseas
big area right now that we’re focused on
that’s doing very well from both an application standpoint and an opening standpoint
We’re focused entirely right now on selling direct franchise agreements as opposed to master license agreements overseas
and we’re using very little key money to do that
That means we’re focusing on higher RevPAR markets where we can or already do have scale and where we can drive pricing
I’d say internationally we’re being selective and strategic about how we direct the capital
And you’ll see us do a good bit of volume in EMEA this year
We really like the structure of that market being the largest economy in Europe
we’re not deploying capital into China
So being very selective and very strategic
It’s worked really well for us over the last few years
and we continue to add more attractive markets into the system
And the deals that have development advances associated with them are coming in at much higher FeePAR’s
So we’re really thrilled to be seeing this strategy executing according to our expectations
and the teams are really happy to have this tool in their toolkit
A – Geoff Ballotti: And very happy to see
that international pipeline coming in with a FeePAR premium of over 30%
I think it’s 32% of what is in our existing international system
Operator: And we’ll take our next question from Stephen Grambling with Morton Stanley
This is just a follow-up on that question I guess sometimes when what we see now is the output of several years of efforts
As we think about what might happen going forward and the major changes you see in the development environment
Maybe if you can just elaborate on how either the terms of the structure of agreements maybe have changed over the past years of higher interest rates
I think the loan advances you cited there were we’re up a little bit
Is that – and that’s just – is that related to the moving upstream or is that new markets and then what’s the typical
payback that we should think about on those
we had an opportunity to advance our partnership with one of the premier developers in Germany
We’re able to strengthen our footprint in this very important region
the highest FeePAR market outside of North America
and we’ve been really focused on building density there
This portfolio will add over 3,000 rooms to our system over the next few quarters as we integrate it
and you can see that impact in the EMEA pipeline
And I guess are those kind of standard terms or do we see that get paid back over a typical length of time
it’s definitely an interest-bearing loan and it will be paid back over
Operator: And we’ll take our next question from Dany Asad with Bank of America
Just a follow-up question on your change in outlook comments
You talked about the low-end run rating at down three
the top end of the guide being up one for the balance of the year
Can you maybe break that down for us by what’s changing in your outlook by region
and then how is your outlook in the rest of the world changing
actually my prior comments were with respect to the U.S
because I think that was the exact question
we’re assuming that we see the continued pressure from March and April for the remainder of the year
so that would have us down 3% on a normalized basis
it’s going to be down a little bit more in the fourth quarter when you take into account
but it will all average out to down 3% for the remaining – the remainder of the year
I’d say we’ve taken a generally consistent approach using the more recent trends in each of the regions to project out the rest of the year
Every region as you know faces its own dynamics
and China has faced more recent pricing pressure
in Canada we’re assuming again consistent March and April performance
we’re expecting international RevPAR to decline about a point on a constant currency basis
Operator: And we’ll take our next question from Steven Pizzella with Deutsche Bank
I just wanted to follow-up on the encouraging recent trends comment again
Maybe you could expand on where you are seeing that
And if these recent trends were to continue
would that get you to the mid-point of the EBITDA guidance
So I’d say our guidance is meant to reflect any range of outcomes
At the low end we are assuming pretty – generally speaking that the trends we saw in March and April continue for the remainder of the year
there is potential as Geoff mentioned that those trends were more transitory
and that we would see improvement from that
and we’re starting to see some early signs of positive momentum
starting to see some early signs of positive momentum and the majority of our EBITDA is going to come in those very important summer months
So until we have full visibility of what that looks like
it’s really – we really just need to see how those are going to perform
What’s going to get us to the midpoint or the higher end is improved performance from those March and April trends
We would expect to be closer to the midpoint
than the lower end if we see improvement from that down to 3% in the U.S
Operator: And we’ll take our next question from Patrick Scholes with Truist
No plans for any more children in my family
I believe last quarter you had called out an expectation for low teen growth for this year
we’ve seen declining consumer confidence
Is your expectation still the same for low teen ancillary revenue growth
We continue to expect 2025 growth to be in the low teens range
and there are further growth opportunities beyond ‘25
and so we continue to expect it will be higher than low teens in 2026
As it relates to this year and this current RevPAR environment
I’d say a significant portion of our ancillary revenue is contract-based
which provides a high level of visibility and durability
And then the largest growth driver this year
is expected to be our co-branded credit card
and the non-contractual piece of our card income is based on total card spend
and only about a third comes from the travel category
So I think that makes the fee stream more insulated from RevPAR fluctuations
and we feel really comfortable at this stage
and where we’re guiding right now from a RevPAR outlook
that the ancillary fees will continue to grow in that low teens range for 2025
Could you just give a little bit of explanation exactly what a contracted – you know
it sounds like that’s something that’s locked in no matter what happens here
there’s a minimum floor that P&L will pay to Wyndham
So their – the VOI at P&L would need to drop pretty materially before we would eat into that floor
Operator: And we’ll take our next question from Ian Zaffino with Oppenheimer
Maybe talking about the trends you are seeing in infrastructure right now
have you really seen any impact from macro
Do you expect to see any softening there or is it kind of just steady as she goes
as I mentioned in Lizzie’s question
see a bit of a slowdown in the first quarter versus the fourth quarter
with the halting of disbursements of infrastructure funds in January
but the IIJA allocations are gradually resuming
several hotel and airline CEOs had the opportunity to meet a few weeks ago with Transportation Secretary Sean Duffy down in D.C.
and the assurance that the administration’s main focus is all about getting the balance of the allocations out
but more importantly as Secretary Duffy said
The administration wants faster spending on highway and bridge construction
There’s too much economic stimulus to boost GDP for this
not to happen in terms of making the transportation infrastructure stronger
And we certainly heard that for anybody that was listening yesterday to the televised Cabinet meeting in the White House
all about getting those funds flowing when it comes to things like our nation’s airports and air traffic control
or the recent energy dominance executive order to expand oil and gas exploration that Secretary Wright talked about yesterday and we’re starting to see that
Our GSO revenue growth continued to pick up
And so much of that is driven by infrastructure and by our remote sales teams that franchisees can opt into for sales support
actually availing themselves of the demand that those contracts are creating
Our consumed GSO revenue in the first quarter from infrastructure room nights exceeded the U.S
STR industry growth by about 380 basis points
And so that’s helping us drive continued mid-scale mid-week share gain
And we’re also seeing strong private investment with dozens of hotels near our nation’s largest data centers
was referencing what’s going on out in Arizona with TSMC and the investment that they are making
We have dozens of hotels that are seeing the benefits of that demand
So we continue to view the infrastructure spend
that $1.2 trillion bill as a multi-year tailwind that’s going to be driving over $3 billion of gross room revenue to our hotels in the next 8 to 10 years
Operator: [Operator Instructions] We’ll take our next question from Alex Brignall with Redburn Atlantic
could you just give us some more detail on the terms of that
if they are already existing or new construction
and whether there are any similar deals that you have in the pipe that could come through later down the line
I probably can’t disclose specific terms for competitive reasons
I can say that it is a structure that allowed us to provide financing to a partner that was well above our cost of capital and with strong structural provisions and personal guarantees
We’re always judicious with our capital
Our first priority is investing in the business and in high-quality growth
cash-generative business like ours gives us flexibility
to evaluate opportunities on a case-by-case basis and deploy capital where it creates the most long-term value
Could there be potential opportunities like this in the future
Bringing in 3,000 high-quality FeePAR accretive rooms in one of our key strategic markets is something we’re incredibly excited about
And so I think when we think about deals and what makes most sense for the long-term health of our business
Operator: And we will take our last question today from Dan Wasiolek with Morningstar
your commercial team seems to be leading the industry in innovative technology solutions
What opportunities are you providing owners in this environment to lower costs and increase top-line growth
I’m sure Scott Strickland and his incredible commercial team appreciate it
They’ve been very busy over the last six years
We’ve talked a lot about – it’s in our investor deck
We’ve invested over $300 million in what has become an industry-leading tech stack
We have completely moved off of legacy providers
We have best-in-class providers that are entirely cloud-based like Oracle and Amazon and Adobe
Canary is our most recent and exciting partner
it’s enabling us to innovate faster
It’s taking labor-intensive tasks away from our franchisees
and it’s really raising the service bar for our customers
most importantly for our small business owners
We’ll be talking a lot about this at our global conference
It’s allowing them to make extra money
But our approach with our franchisees and small business owners is not to mandate these services
franchisees opting into services like our Signature Reservation Service
where they don’t have to employ a front-desk agent to check Dan Wasiolek in
but they are able to actually service them
all of those calls are bounced to a professionally run call center that’s delivering a much faster average speed of answer
And they’ll sign up for that all day long
as they will our opt-in revenue management services
which drive hundreds of increased basis points of occupancy
our sales support where we’re hiring salespeople across the country
because small business owners can’t necessarily afford them on their team
but are willing to opt in to those type of services
We’re also offering free services that any small business owner would be crazy not to opt in to
like our ability to reconcile OTA reservations that don’t show up
delivering thousands of dollars of savings a month
We’ve talked a lot about Wyndham Connect
It will be a big push for us at conference
Over three-quarters of our franchisees have opted in to
because it is a best-in-class suite of technology that’s allowing monetization efforts for franchisees to now charge effortlessly
for an early check-in for the Wasiolek family or a late check-out or what they might want in their room before they arrive
It’s a big piece of our value proposition and something that our franchise sales teams are very proud of offering to our franchisees
Operator: And there are no further questions on the line at this time
I’ll turn the floor back to Geoff Ballotti for any closing remarks
and thanks everyone for joining us and for your questions today and your continued interest in Wyndham Hotels and Resorts
and I look forward to seeing many of you at the upcoming investor conferences that we’ll be at in the weeks ahead
and to spending time with thousands of our franchisees
and our strategic sourcing partners at our 2025 Wyndham Global Hotel Conference in Las Vegas at Caesars Forum from May 19th to the 21st of this month
And this does conclude today’s Wyndham Hotels and Resorts
first quarter 2025 earnings conference call
Please disconnect your line at this time and have a wonderful day
NYSE:WHQ1 2025MSN NewsEarnings Call Transcript
Artificial intelligence is the greatest investment opportunity of our lifetime
The time to invest in groundbreaking AI is now
My #1 AI stock pick delivered solid gains since the beginning of 2025 while popular AI stocks like NVDA and AVGO lost around 25%
The numbers speak for themselves: while giants of the AI world bleed
showcasing the power of our research and the immense opportunity waiting to be seized
Artificial intelligence isn’t science fiction anymore
It’s the revolution reshaping every industry on the planet
From driverless cars to medical breakthroughs
and savvy investors stand to reap the rewards
Here’s why this is the prime moment to jump on the AI bandwagon:
Exponential Growth on the Horizon: Forget linear growth – AI is poised for a hockey stick trajectory
and automated logistics that streamline everything
This isn’t a maybe – it’s an inevitability
Early investors will be the ones positioned to ride the wave of this technological tsunami
Ground Floor Opportunity: Remember the early days of the internet
Those who saw the potential of tech giants back then are sitting pretty today
We’re not talking about established players – we’re talking about nimble startups with groundbreaking ideas and the potential to become the next Google or Amazon
This is your chance to get in before the rockets take off
Disruption is the New Name of the Game: Let’s face it
and it’s shaking the foundations of traditional industries
while the dinosaurs clinging to outdated methods will be left in the dust
The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI
From computer scientists to mathematicians
the next generation of innovators is pouring its energy into this field
This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements
you’re essentially backing the future
The future is powered by artificial intelligence
Don’t be a spectator in this technological revolution
Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation
This isn’t just about making money – it’s about being part of the future
buckle up and get ready for the ride of your investment life
Act Now and Unlock a Potential 10,000% Return: This AI Stock is a Diamond in the Rough (But Our Help is Key!)
and savvy investors stand to make a fortune
how do you find the hidden gem – the company poised for explosive growth
that even if its stock price quadrupled today
it would still be considered ridiculously cheap
That’s the potential you’re looking at
This isn’t just about a decent return – we’re talking about a 10,000% gain over the next decade
Our research team has identified a hidden gem – an AI company with cutting-edge technology
and a current stock price that screams opportunity
This company boasts the most advanced technology in the AI sector
It’s like having a race car on a go-kart track
They have a strong possibility of cornering entire markets
becoming the undisputed leader in their field
Here’s the catch (it’s a good one): To uncover this sleeping giant
We want to make sure none of our valued readers miss out on this groundbreaking opportunity
That’s why we’re slashing the price of our Premium Readership Newsletter by a whopping 70%
For a ridiculously low price of just $29.99
you can unlock a year’s worth of in-depth investment research and exclusive insights – that’s less than a single restaurant meal
Here’s why this is a deal you can’t afford to pass up:
• Access to our Detailed Report on this Game-Changing AI Stock: Our in-depth report dives deep into our #1 AI stock’s groundbreaking technology and massive growth potential
• 11 New Issues of Our Premium Readership Newsletter: You will also receive 11 new issues and at least one new stock pick per month from our monthly newsletter’s portfolio over the next 12 months
These stocks are handpicked by our research director
• One free upcoming issue of our 70+ page Quarterly Newsletter: A value of $149
• Bonus Reports: Premium access to members-only fund manager video interviews
• Ad-Free Browsing: Enjoy a year of investment research free from distracting banner and pop-up ads
allowing you to focus on uncovering the next big opportunity
• 30-Day Money-Back Guarantee: If you’re not absolutely satisfied with our service
we’ll provide a full refund within 30 days
Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment
1. Head over to our website and subscribe to our Premium Readership Newsletter for just $29.99
exclusive access to our in-depth report on the revolutionary AI company
and the upcoming issues of our Premium Readership Newsletter over the next 12 months
and know that you’re backed by our ironclad 30-day money-back guarantee
Don’t miss out on this incredible opportunity
Subscribe now and take control of your AI investment future
I work for one of the largest independent financial publishers in the world – representing over 1 million people in 148 countries
We’re independently funding today’s broadcast to address something on the mind of every investor in America right now…
Should I put my money in Artificial Intelligence
Here to answer that for us… and give away his No
1 free AI recommendation… is 50-year Wall Street titan
He was the head of the options department at a major brokerage firm and is a sought-after expert for CNBC
But what Marc’s most known for is his award-winning stock-rating system
Which determines whether a stock could shoot sky-high in the next three to six months… or come crashing down
That’s why Marc’s work appears in every Bloomberg and Reuters terminal on the planet…
and brokerages to track the billions of dollars flowing in and out of stocks each day
He’s used this system to survive nine bear markets… create three new indices for the Nasdaq… and even predict the brutal bear market of 2022
Click to continue reading…
Get our editor’s daily picks straight in your inbox
PONTE VEDRA BEACH, Fla. -- Wyndham Clark withdrew from the Players Championship on Friday afternoon after 27 holes because of a neck injury
The 2023 U.S. Open champion came within a lip-out putt of facing Scottie Scheffler in a playoff at last year's Players
Clark said this week that the loss from last year still hurts and that he still feels like he "kind of gave that one away."
"It's tough because sometimes your expectations get skewed either by the media or outside people," Clark said Tuesday
I'm just trying to get back into playing good golf and enjoying it and not raising those expectations because they have been raised a little bit
Clark also admitted that being a major winner has now put a kind of pressure on him that he's also put on himself
Though he won the storm-shortened AT&T Pebble Beach Pro-Am last year
It's funny how you have success and you win a major
you win some tournaments and then everyone expects you to do that all the time," Clark said
"When I am enjoying myself on the golf course
Those are things I'm trying to get back to because I think I play my best golf when I'm in that state of mind
I'm hoping I'm building towards getting there in the coming weeks."
Developed in collaboration with Galileo Financial Technologies
new Mastercard offers elevated membership status
booking discounts and easy point earning on everyday spend
2025 /PRNewswire/ -- Cash-savvy travelers now have a new way to earn Wyndham Rewards® points on their everyday spend thanks to the launch of the Wyndham Rewards Debit Card—a first of its kind offering from a major hospitality brand in the U.S
Designed for younger travelers as well as those who prefer a debt-free lifestyle
the Wyndham Rewards Debit Card makes it easy to earn Wyndham Rewards points on day-to-day transactions
Points can be redeemed for a wide-range of rewards—including free nights at more than 60,000 hotels
vacation club resorts and vacation rentals globally—while other cardholder perks include complimentary Wyndham Rewards Gold level membership
"Research continues to show a large number of travelers
particularly younger consumers such as Gen Z
prefer debit cards as their primary method of payment
that means many have been left on the sidelines when it comes to earning free hotel nights and other travel rewards
Now anyone and everyone can earn points on their day-to-day purchases and in turn
A recent EY study from just last year found that nearly 70% of Gen Z consumers use their debit cards once or more per week. At the same time, research last summer from PMG shows travel as a key area of spend for Gen Z
65% of whom intend to spend more on travel in 2025 and nearly 60% of whom consider loyalty programs essential when booking their travel
Key benefits of the new Wyndham Rewards Debit Card include:
The Wyndham Rewards Debit Card is powered by Galileo Financial Technologies
and backed by Mastercard as the payments network
"People who use debit are often overlooked by traditional rewards programs
which is what makes this card—a first of its kind in the hospitality space—so special
Wyndham was able to stand its offering up in just a few months
delivering innovative financial products that strengthen customer relationships and drive revenue."
"Brands are looking for payment products that enhance loyalty and deepen the relationship they have with consumers
The new Wyndham Rewards Debit Card unlocks access to rewards and benefits curated to enhance consumer value while enjoying their passion for travel."
The award-winning suite of cards—designed specifically for road trippers and road warriors—offers up to 8x earn on gas purchases and Wyndham hotel stays
advertising and utility purchases (Wyndham Rewards Earner Business Card only) and up to 4x earn on restaurant and grocery purchases
Other benefits include Wyndham Rewards membership upgrades
Sunrise Banks is not affiliated with the Wyndham Rewards Earner® Plus Card
Wyndham Rewards Earner® Card or Wyndham Rewards Earner® Business Card
For more information on the card and its benefits, including how to open an account, visit wyndhamrewardscards.com/debit-card. Terms and conditions apply
Banking services provided by Sunrise Banks N.A.
The Wyndham Rewards Debit Card is issued by Sunrise Banks N.A.
Member FDIC pursuant to a license from Mastercard International Incorporated
Mastercard and the circles design are registered trademarks of Mastercard International Incorporated
This card may be used everywhere Debit Mastercard is accepted
Use of this card constitutes acceptance of the terms & conditions stated in the Account Agreement
Images associated with this release can be found here.
and emerging and established brands to build differentiated financial solutions that deliver exceptional
scalable and fully integrated platform drives innovation across payments and financial services
Trusted by digital banking heavyweights, early-stage innovators and enterprise clients alike
Galileo supports issuing physical and virtual payment cards
tailored and differentiated financial products and more
Galileo partners with many issuing banks to provide banking services in North and Latin America
About Sunrise BanksSunrise Banks is no ordinary bank; we strive to be a place where money and values meet for our customers and our communities
We do this by prioritizing social responsibility
community impact and environmental sustainability alongside our essential financial products and services. Sunrise Banks is certified by the U.S
Treasury as a Community Development Financial Institution (CDFI)
a designation earned by approximately 100 banks nationwide
Sunrise Banks is also a member of the Global Alliance for Banking on Values and a certified B Corp for its demonstrated commitment to transparent corporate governance and positive community impact
Terms and Conditions1 Link your Wyndham Rewards Member Account to your eligible Wyndham Rewards Debit Card to earn points on qualifying transactions
Points will be awarded after the close of each Card Account monthly statement
There is no limit to the total points you can earn as long as the Wyndham Rewards Program remains active and your Card Account is open
See the Account Agreement and Points Earning Terms for full details on eligibility
2 You are eligible to receive a one-time bonus of 2,500 Points when you satisfy both of the following requirements within 90 days of Card Account opening: (1) establish and receive at least 2 direct deposits
and (2) make at least $100 in Net Purchases using your Card
Net Purchases are all purchases made using the Card
you are eligible to earn bonus Points based on annual spend each anniversary year as follows:
4This fee will be waived for any statement cycle during which you maintain an average monthly balance of at least $2,500 in your Card Account
5To qualify for a Complimentary Gold member level
Member Levels including the perks available to Gold Members
6You will receive an additional discount when booking the Wyndham Rewards Member Rate at participating properties; for more information
please visit WyndhamRewards.com/terms/cardmemberrate for additional details
7Out-of-network ATM withdrawals are subject to a $3 fee
and ATM operators may impose their own additional fees
Wyndham Hotels & Resorts (NYSE: WH) today announced results for the three months ended March 31
Highlights include: Global openings of 15,000..
Banking & Financial Services
Financial Technology
howlingly pretentious script and a drippy central character in McGregor’s architect Henry Solness
Culture | Theatre
Gratifying as it is to see Ewan McGregor back on stage after 17 years, I wish he’d found a better vehicle than this so-called “new play” by American writer Lila Raicek, which feeds Henrik Ibsen’s problematic 1892 work The Master Builder through the blender of contemporary sexual politics
Michael Grandage’s brisk take on the glib
howlingly pretentious script can be enjoyed as a guilty pleasure
a celeb-heavy melodrama of sex and power that owes more to Fifty Shades of Grey than to serious #MeToo fictions
The truly weird thing about this pairing of star and material is that McGregor’s character
international architect Henry Solness is a drippy blank
While waffling about “memory and meaning” in construction and mooning over his regrets
he’s out-characterised and out-emoted by his female co-stars
Kate Fleetwood plays Solness’s wife Elena in full-on
languid abandon as his younger lover Mathilde and is so tall and slender in a silver dress she resembles a thermometer
It’s slightly comic that the plot’s biggest moment hinges on Solness’s vertigo when his lover tops him by a head
The generation gap between them also has less impact than it should because McGregor seems not to have aged in 30 years
where Scottish Solness and his English wife Elena (“I’m the head of a major publishing empire!”) are preparing to celebrate his reinvention of an old whaling church near their own historic beach house
that fractured but didn’t quite sever them
For Elena has invited her maybe-lover Ragnar (David Ajala)
who is also Solness’s architectural protégé and a believer in “hedonistic sustainability”
the student Solness seduced or was seduced by after the aforementioned tragedy
Mathilde is now a brilliant journalist (yawn) who’s written a thinly disguised fruity novel (double yawn) about their affair that addresses consent
Much of what follows blends research-heavy references to superstar architects and the international commissions they compete for with stilted dialogue that sounds as if it’s been imperfectly translated from Ibsen-era Norwegian
That old bounder!” says Solness at one point
Every time someone says “master builder” or “master bedroom” - and they use both phrases improbably often – it sounds like “masturbation”
Ibsen’s Master Builder is a fictionalised justification of his own obsession with a younger woman
In her “new play” that riffs on this story Raicek can’t decide if Solness is an abuser or a victim
Debicki’s elegant Mathilde is still referred to as a troll and worse
Grandage coaxed film star McGregor to appear on stage in Othello and Guys and Dolls
I don’t think he serves his friend well here: I laughed at this star vehicle
Ben and Imo at Orange Tree Theatre review: a small gem of a play
The Brightening Air at the Old Vic review: hilarious and achingly moving
How to Fight Loneliness at the Park Theatre review: repetitive and reductive
Enter the AXA Startup Angel competition to win £25,000
VE Day 2025 fashion: best looks from the day
VE Day 2025 fashion: Princess of Wales to Lady Victoria Starmer
Prince Louis steals the show at VE Day parade as he keeps dad William looking sharp and mimics brother George
Prince Louis steals show with sweet antics at VE parade
David Beckham’s 50th birthday bash in London 'shut down' by council over noise complaints
David Beckham’s 50th birthday bash 'shut down' over noise complaints
Royals watch historic flypast as huge crowds turns out for VE Day 80th anniversary
Royals watch historic Red Arrows flypast for VE Day 80th anniversary
Stacey Solomon 'regrets doing reality show with Joe Swash' for tough reason
Stacey Solomon 'regrets reality show with Joe Swash' for tough reason
Timberlake x Nike shoe collab early access
Wyndham Clark walks off the green during last week's Arnold Palmer Invitational
Wyndham Clark had just signed for a one-under 71 in the second round of the Arnold Palmer Invitational last Friday
but he was surprised when a rules official met him at the scoring area
warning him the media might ask about what happened on the par-4 3rd hole
“I hit it in the middle of the fairway
Clark did get some good news immediately after: he didn’t do anything wrong and there would be no penalty, although it was a brief rules controversy that brewed on the broadcast
Clark hit his tee shot on the 3rd hole at Bay Hill
and cameras showed it bounce in the fairway and come to rest near its landing area
Clark had his ball marked in the fairway and was preparing to take a drop
That drop would be legal as free relief if his ball came to rest in his own pitch mark
but if it landed in a different one and he took relief
the PGA Tour’s director of rules and video
hopped on the broadcast to say: “Wyndham’s ball did not embed
His ball bounced and it rolled into somebody else’s pitch mark.”
But six holes later Pierson returned to the broadcast and cleared Clark
“Using television and our ShotLink cameras
we were able to determine that it did end up in its original pitch arm,” Pierson said
“Therefore there would be no penalty.”
When asked about it at the Players Championship Wednesday
Clark had thoughts: “I have a few comments on this rule in general,” he said
We were 300 some yards away,” Clark said
“We didn’t see the ball bounce from our distance
and we get up there and it’s plugged
So my frustration was that if I did get stroked
how is that my fault when no one told me that I rolled into something
if I did roll into someone else’s pitch mark
That’s one of those rules in golf where it’s like
and if the volunteers don’t tell me and I get stroked for something that I didn’t know happened
“But I am glad that it was correct because I wasn’t trying to cheat by any means
Clark finished even par at the Arnold Palmer Invitational
Clark begins his first round of the Players at 8:46 a.m. ET on Thursday, on the 10th tee. He’s grouped with Jason Day and Jordan Spieth. You can find complete round 1 tee times here
As GOLF.com’s managing editor, Berhow handles the day-to-day and long-term planning of one of the sport’s most-read news and service websites. He spends most of his days writing
planning and wondering if he’ll ever break 80
he worked at newspapers in Minnesota and Iowa
A graduate of Minnesota State University in Mankato
he resides in the Twin Cities with his wife and two kids
You can reach him at joshua_berhow@golf.com
All of our market picks are independently selected and curated by the editorial team
Damage to the Wyndham Hotel in downtown Springfield is being investigated as intentional and vandalism
The Springfield Fire Department was alerted Thursday to an alarm at the 30-story hotel and found flooding and elevator system damage
"After further SFD inspection and investigation by the State Fire Marshal
the Springfield Fire Department Fire Safety Division placarded the hotel property for not meeting the Life Safety Code standards due to nonworking elevators and out of service fire alarm and fire sprinkler systems," said a release from the city
Reports say a water pipe was damaged and a computer system destroyed
which say "unsafe and dangerous" are posted on the site
Those are used to indicate a building fails to meet the standard for safe occupancy
It's unclear how long the closure of the Wyndham City Centre might last
with the Wyndham staff to see they understand the issues and we will do what we can to assist in seeing they take the steps needed to return the hotel for safe condition for overnight occupancy” Canny added
The City’s Springfield Convention & Visitors Bureau Sales & Services Team is actively working with the Springfield Hotel & Lodging Association and tourism partners to develop a contingency plan for conventions
and events that could be impacted if convention space isn’t available for any large duration
“Springfield remains open and ready to welcome visitors with our world-class historic sites
and over 40 hotels continue to provide outstanding experiences for travelers,” said Scott Dahl
“We are prepared to help make new arrangements for any groups needing overnight accommodations until hotel repairs are complete and the Wyndham is fully returned to service.”
"We want to express our deepest apologies for the recent incident at Wyndham City Center
The situation is currently under investigation
and we are fully cooperating with local law enforcement to determine the details of what occurred," said a statement from the hotel
"Our primary concern is the safety and well-being of our guests and staff
We understand this has impacted those with in-house stays and future reservations
and we sincerely regret any inconvenience this has caused
We are working hard to resolve the situation as quickly as possible and look forward to welcoming our guests back very soon
As soon as we have more information to share
we truly appreciate your patience and understanding."
World's largest hotel franchisor recognized for third consecutive year
2025 /PRNewswire/ -- Wyndham Hotels & Resorts was once again named one of the World's Most Ethical Companies® by Ethisphere
honoring companies that demonstrate business integrity through robust ethics
This award marks the third consecutive year Wyndham has been recognized and fifth time overall
That's why our business decisions are driven by our values of Integrity
Caring and Fun and our Count on Me service culture
By prioritizing our values in everything that we do
we're delivering on our mission of making hotel travel possible for all while building pride for our team members
general counsel and chief compliance officer
A Values Driven CultureWyndham and its team members are focused on fostering an inclusive global community that incorporates strong
ethical practices into everyday business activities
the Company offers robust training opportunities for corporate and managed hotel team members focused on topics like anti-corruption
The Company also continues supporting industry organizations including American Hotel & Lodging Associations' No Room for Trafficking Council
"Congratulations to Wyndham for achieving recognition as one of the World's Most Ethical Companies®
Behind this honor is a true dedication and a commitment to advancing business integrity
This approach is good for business – employees and other stakeholders value companies that prioritize the kinds of practices we measure with our process."
chief strategy officer and executive chair
The World's Most Ethical Companies® assessment is grounded in Ethisphere's proprietary Ethics Quotient®
which requires companies to provide 240+ different proof points on practices that support robust ethics and compliance; governance; a culture of ethics; environmental and social impact; and initiatives that support a strong value chain
That data undergoes further qualitative analysis by a panel of experts who spend thousands of hours vetting and evaluating each year's group of applicants
This process serves as an operating framework to capture and codify best-in-class ethics and compliance practices from organizations across industries and from around the world
The listed 2025 World's Most Ethical Companies® Honorees outperformed a comparable index of global companies by 7.8 percentage points from January 2020 to January 2025
Awards
Corporate Social Responsibility
Tuesday | May 06 2025 |
Wyndham Hotels & Resorts has announced robust results for the first quarter of 2025
The company opened 15,000 new rooms globally during the quarter—a 13 per cent year-on-year increase—marking its best-ever first quarter for room additions
The global hotel system grew by four per cent
with a particular boost in the higher RevPAR (Revenue Per Available Room) midscale and above segments in the United States
and a combined six per cent growth across Europe
Wyndham’s global development pipeline reached a record 254,000 rooms across 2,140 hotels
a five per cent increase from the previous year and the 19th consecutive quarter of growth
record first-quarter openings and continued expansion across every region,” said Geoff Ballotti
we’re staying focused on what we can control — investing in high-quality growth
franchise-only business model has consistently outperformed during economic downturns and positions us well to deliver long-term value for our shareholders through all phases of any economic cycle.”
181 new development contracts were signed globally
70 per cent of the development pipeline is concentrated in the midscale and above segments
of which 35 per cent have already begun work
Wyndham saw a two per cent rise in global RevPAR in constant currency
with the United States seeing a two per cent increase and international markets achieving three per cent growth
The EMEA and Latin America regions stood out
with year-on-year RevPAR growth of six per cent and 25 per cent
although slightly offset by occupancy dips
RevPAR dropped by 8 per cent due to pricing pressures despite steady demand
Fee-related and other revenues increased by four per cent to $316 million
up from $304 million in the same period last year
Net income rose significantly to $61 million
largely due to fewer transaction-related expenses and the absence of impairment and restructuring costs
Adjusted net income grew by five per cent to $67 million
while adjusted EBITDA rose three per cent to $145 million
When accounting for an $8 million impact from marketing fund variability
adjusted EBITDA showed a 9 per cent increase on a comparable basis
reflecting stronger revenue and margin improvements
benefiting from both increased income and share buybacks
Adjusted diluted EPS rose by 10 per cent to $0.86
with a comparable year-on-year increase of approximately 20 per cent after excluding marketing fund impacts
Wyndham returned $109 million to shareholders through share repurchases worth $76 million and dividend payments totalling $33 million at $0.41 per share
The company’s balance sheet remains healthy
with $59 million in net cash from operating activities
Wyndham has revised its 2025 outlook slightly to account for a softer RevPAR environment
particularly given a slower-than-expected March and April
While the company remains hopeful for a market rebound
it is also prepared for more persistent demand pressure in the coming months
Marketing fund revenues are expected to roughly match expenses for the full year
though seasonal trends may affect quarterly comparisons
Wyndham’s outlook includes only non-GAAP financial metrics
as the company cannot predict with reasonable certainty all variables that could impact its GAAP results
Wyndham Hotels & Resorts is well-positioned to continue its growth momentum throughout 2025
vivek.mittal@businessworld.in, amit.bhasin@businessworld.in
Subscribe to our newsletter to get updates on our latest news
(WICS) — The Springfield Fire Department responded to an alarm at the Wyndham Hotel on Thursday
only to find no fire but significant flooding and damage to the elevator system
Following an inspection by the State Fire Marshal
the Springfield Fire Department's Fire Safety Division placed placards on the hotel
indicating it did not meet Life Safety Code standards due to nonworking elevators and out-of-service fire alarm and sprinkler systems
The Springfield Police Department is investigating the damage as intentional and an act of vandalism
"For the safety of overnight hotel occupants
SFD uses placards to indicate that the building does not meet the standard for safe occupancy," said SFD Chief Ed Canny
with the Wyndham staff to see they understand the issues and we will do what we can to assist in seeing they take the steps needed to return the hotel for safe condition for overnight occupancy."
The Springfield Convention & Visitors Bureau (SCVB) Sales & Services Team is collaborating with the Springfield Hotel & Lodging Association and tourism partners to create a contingency plan for conventions
and events that might be affected if the convention space remains unavailable for an extended period
"Springfield remains open and ready to welcome visitors with our world-class historic sites
and over 40 hotels continue to provide outstanding experiences for travelers," said Scott Dahl
"We are prepared to help make new arrangements for any groups needing overnight accommodations until hotel repairs are complete and the Wyndham is fully returned to service."
.css-s4id4f{font-family:Suisse Intl,"Helvetica Neue",Helvetica,Arial,sans-serif;font-size:1.9rem;line-height:2.2rem;font-weight:600;letter-spacing:-0.01em;}Official Money
Wyndham Clark's pretty tee shot leads to birdie Thursday at THE PLAYERS
Clark pulled out of the tournament after finishing the ninth hole at TPC Sawgrass, a par that put an unceremonious cap on a 4-over 40 on the front nine.
It was a slog for Clark on Friday after shooting even par in his Thursday first round. The American carded a double-bogey at the par-5 second hole, making a mess around the green. After his drive clipped a tree and forced Clark to lay up, he hit his third shot left of the green. He chunked his first chip, then hit his next shot to 34 feet. He two-putted to make double bogey.
Clark made a pair of three-putts that led to bogeys, first at No. 3 and again at No. 5. He also missed a 7-foot birdie putt at the par-3 eighth. He missed a 20-foot birdie at No. 9 before tapping in for par, taking off his hat and shaking hands with playing partners Danny Walker and Jordan Spieth.
Clark did not provide comment about the injury after withdrawing.
Copyright © 2025 PGA TOUR, Inc. All rights reserved.
and the Swinging Golfer design are registered trademarks
The Korn Ferry trademark is also a registered trademark
and is used in the Korn Ferry Tour logo with permission
Wyndham Clark on 18th hole lip-out in 2024 PLAYERS
Wyndham Clark has three career PGA TOUR victories including the 2023 U.S
but he’s still searching for his first win at THE PLAYERS Championship
but it wasn’t enough to catch Scottie Scheffler on his winning voyage
Clark will be back on the hunt for his first win at TPC Sawgrass in 2025
we caught up with Clark to talk about his equipment and see how he’s setting up his bag of clubs in 2025
What you should know about Clark is that he’s a prolific gear tester
he tests different clubs and shafts to find the right fit
On any given Wednesday ahead of PGA TOUR events
he could have anywhere from 14 to 20+ clubs in the bag
He explained that he’s keeping a 7-wood and a 3-iron around
and he'll pick one to put in play depending on course conditions and his intended gameplan each day
check out five interesting things from the insight Clark provided about his equipment ahead of THE PLAYERS Championship 2025
Golf Pride grips are applied onto golf clubs with the brand logo facing upwards
Clark chooses to turn the logo 180 degrees so that it sits directly underneath the shaft
thus blocking the logo from his vision at address
A look at Wyndham Clark's Golf pride grips
he took notes from 2001 and 2013 PLAYERS champion Tiger Woods
mainly because I don’t want this to be some sort of weird alignment thing for my grip and cause a face issue,” Clark said
so there’s nothing making me grip it a certain way
A lot of people my age kind of emulated and copied Tiger
A look at Wyndham Clark's Taylormade Qi35 7-wood
Clubs like 7-woods and game-improvement long irons are commonplace on the PGA TOUR in 2025
and makes a gametime decision based on strategy
“This (7-wood) is new in my bag,” Clark explained
What I do is interchange between 3-iron and 7-wood
Or if it’s a tee shot golf course I’ll use the 3-iron.”
A look at Wyndham Clark's mixed iron set of T100 irons
Clark switched out his longtime 620 CB irons for the T100 models that use tungsten weighting to increase forgiveness
and I went to the T100s to kind of take down a little bit of the spin and gain a little bit of distance,” Clark said
These really help me launch the ball super high in the air
which is great for long irons to be able to hit it really high
Titleist has done an amazing job with both of these
Instead of using a loft number on the sole of his wedges
Clark uses letters that correlate with each club
He also uses bounces and grinds that allow Clark to keep from digging too much into the turf and to attain the turf interaction he needs
A look at Wyndham Clark's custom SM10 wedges
“I have – it’s kind of a cool thing they did – I have L
On my pitching wedge and gap wedge – Titleist released the way they grind this wedge for me – it sits really flush to the ground and has a lot of back bounce
so it goes in and out of the turf way easier
This has been really nice for me because it’s higher bounce
It kind of helps me not have the big divots that I sometimes make
that’s really nice and helps me flight it.”
As Clark mentioned, Titleist recently released the 44F grind wedge that Clark uses to the public. Check out more information about the new wedge offering from Titleist here
As you may remember, Clark was partly responsible for the explosion of Odyssey Jailbird putter use on the PGA TOUR by winning with it at the 2023 U.S. Open.
Recently, Clark has been on a testing tear, trying out numerous different sightlines, Jailbird variations and even some different head models each week. But after last week at the 2025 Arnold Palmer Invitational presented by Mastercard, however, it sounds like Clark has found something he likes.
A look at Wyndham Clark's “T” alignment line on his Odyssey Jailbird putter. (Courtesy GolfWRX)
On Wednesday at THE PLAYERS, Clark provided an update on his new Jailbird, and spoke on his putter saga in general.
Wyndham Clark's search for the golfer he's supposed to be continues one year after his Players heartbreak
— They say failure is life’s greatest teacher
That falling is the only way we learn how high we can climb
depending on what arena of life they exist
success —the reaching of the mountaintop — can often be the key to unlocking everything
For Wyndham Clark, his victory two years ago at the 2023 U.S. Open at Los Angeles Country Club showed him what he’s capable of — the place he can hold in elite men’s professional golf
“I bet you most people would say they learn a lot after losing
I’ve lost a lot in my career,” Clark said Wednesday at TPC Sawgrass ahead of the 2025 Players Championship
“I feel like I’ve learned those lessons
and so it was really nice to learn how to win and have that feeling and to embrace that and what that can mean for my future and in future moments that I get in similar situations that I can rely on those moments
While his U.S. Open victory serves as a guiding light, Clark arrived at TPC Sawgrass with last year’s Players Championship heartbreak still fresh in his mind
The wound of his tournament-tying birdie attempt lipping out on the 72nd hole serves as a vicious reminder of what could have been and what transpired since
“The thing that gets me now is just — if I would have
parred all the holes and you had that putt to force a playoff and I miss
you’re bummed,” Clark said on Wednesday
“But I think the fact that I birdied 16
forced a playoff and somehow would have won in the playoff
my mind goes to that could have been one of the best finishes in Players history
and it would be shown on all different highlights for a long time
that could have been a really cool moment for myself and my career.”
Clark arrived at the PGA Tour’s flagship event last year with a win at the rain-shortened Pebble Beach Pro-Am under his belt
He was fresh off a second-place finish at the Arnold Palmer Invitational and was undoubtedly one of the best players in the world
Clark then missed the cut at three of the four majors
Open serving as the only time he saw the weekend at one of golf’s premier events — the ones that craft the narrative that the golf world remembers
the type of Players highlight Clark didn’t want to be associated with
might not have been the catalyst for his slide
But his journey back to finding the Wyndham Clark who lifted the trophy at LACC might start at the place where the golf gods denied him
but that’s not really where I felt like I lost it,” Clark said
I felt like I was playing some of the best golf and definitely some of the most consistent golf on the PGA Tour
Then I kind of followed it up with good play at RBC
“I’m hoping to try to get back into that quality golf
I felt like the consistency was so great and always just kind of knocking on the door.”
It’s not something tangible — not pured irons or blistered drives
It’s something only Clark can discern
The joy that arrives from being the version of yourself that you aspire to
“My biggest thing is kind of playing to my potential
and whether that changes each day and each tournament
but I get frustrated when I have lack of focus
or I’m giving away shots or not playing to my potential,” Clark said
When I am enjoying myself on the golf course
I feel like I’m maximizing those things
Those are things I’m trying to get back to because I think I play my best golf when I’m in that state of mind
“I’m hoping I’m there this week
I’m hoping I’m building towards getting there in the coming weeks.”
Clark’s defining triumph fueled his rise and caused the ground to shift beneath his feet
can cause you to press and lead to joy slipping out of your fingers
The endless quest to capture and bottle a feeling can drive anyone mad
“It has been frustrating,” Clark said
“It’s funny how you have success
and then everyone expects you to do that all the time
[Scottie Scheffler] is doing that all the time
“It’s kind of put some undue pressure on me specifically … It’s tough because sometimes your expectations get skewed either by the media or outside people
I’m just trying to get back into playing good golf and enjoying it and not raising those expectations because they have been raised a little bit
I feel like it’s hurt me a little bit.”
He has zero top-10 finishes and ranks 69th in total Strokes Gained among players with at least 10 Shotlink rounds
30th in around the green and 74th in putting
He entered last weekend at the Arnold Palmer Invitational two shots behind 36-hole leader Shane Lowry
but his chances quickly evaporated on the weekend thanks to a Saturday 76
He arrives at TPC Sawgrass still looking for the golf and joy he was on the cusp of capturing last year on a course that has crowned and humiliated golf royalty
It could be a stepping stone to his desired destination
Or it could be another week in Wyndham Clark’s journey to find the feeling he has been missing ever since fate rejected his roll toward Players Championship history
Josh Schrock is a writer and reporter for Golf.com
Josh was the Chicago Bears insider for NBC Sports Chicago
He previously covered the 49ers and Warriors for NBC Sports Bay Area
Josh spends his free time hiking with his wife and dog
thinking of how the Ducks will break his heart again
and trying to become semi-proficient at chipping
Josh will never stop trying to break 90 and never lose faith that Rory McIlroy’s major drought will end (updated: he did it)
Wyndham Clark has been in the top 10 of the Official World Golf Ranking for all but one week since the beginning of 2024
After Clark originally committed to Oklahoma State
he transferred to Oregon where he blossomed into the Golfweek Player of the Year
It marked the first time a Ducks player captured a conference title in 39 years
And while his road to the top after college was a slow burn
Clark is in prime position as he heads into Augusta National next week in search of his second major title
Open victory at Los Angeles Country Club has already put the American in rarified air
Golfweek caught up with Clark in advance of the 2025 Masters and talked golf
I really liked the course in Houston and think that it’s great prep for Augusta
it's been tough because people just look at results and say I haven’t had many top 10 finishes
but I've had a lot of good rounds and good starts to tournaments
so it was nice to put a complete tournament together in Houston
The second thing is I feel like I've found a lot of things in my game that have given me confidence
I have been kind of tweaking with some golf balls to try to bring down some spin
I felt like the ball I used those last two rounds in Houston was really good
and I think it will be really helpful throughout the rest of the year
Did you go from the Titleist Pro Vx to the Pro V1?WC: I went from a Pro V1x to the V model
I have not changed my golf ball since the 2019 Pro V1x
But we found that as my swing has progressed and I'm hitting it better
and the window that I want to see out of just what wasn’t happening
well then maybe we need to go into the Pro V1
We're just trying to get the ball to come out and into a window and do everything that I see in my eye
and I think that stat is a little bit skewed
the more opportunities you have to get up and down
But if I'm driving it great and I miss three or four greens in a round
I’m at 50 percent of up and downs versus if I missed 10 greens and I miss the same amount
I think I’ve been missing more greens this year
I think that's going to change now that I’ve changed balls
is gonna help me because I felt like into the wind
I had to lean on the ball to get it to stay low
I can just make my swing and get the ball into the windows I like
There was a lot of wind for players to contend with
will you approach this Masters differently than you did last year?WC: Honestly
I was second on the FedEx Cup point list and was the ‘hot player’ and really thought I had a chance to win
It was very unfortunate that I had those conditions
but not many guys made the cut from that (side of the draw) or even were on the top of the leaderboard
and it was my first Masters and that had to happen
but the good thing is I saw Augusta as scary as a it could be
I feel like I'm gonna see a more tame Augusta
and I feel like I'm coming in with good form
I just want to be in contention on the back nine
I want to give myself a chance with nine holes to go on a Masters Sunday
It’s what I've been dreaming about and that's all you can ask for
How does your game match up with Augusta National
and I've shot some great low numbers on tour
but when I play tournaments that are 20-plus under as the winner
I can salvage an amazing par or a really good bogey when you're in a tough spot
I just have always really felt like I fare better in that type of game.If I look back at it
I think a lot of it has to do with playing Karsten Creek (the home of Oklahoma State’s golf team) in college
you can say that's good or bad because you need to learn how to go low
and I feel like I do that at those big-time golf courses
I’ve always loved the Dream Stream (in Lake George
which is between 11 Mile Reservoir and Spinney Mountain Reservoir
It's about a 2- or 3-mile stretch with monster fish
And the Blue River is very close to where I grew up
Those are my three go-to streams that are close to Denver
Since Blade and Bow Bourbon Whiskey helped to bring us together
how did your partnership with that company happen?WC: So I've always loved bourbon
and I feel like golf and whiskey go together very well
They reached out and were interested in doing a partnership
'Nothing is better than whiskey and golf.' So
I've really grown to love this brand and all the cool things we're doing together
but Blade and Bow has this great cocktail called the Kentucky Caddie
It's their take on an Arnold Palmer (bourbon
Wyndham Clark unintentionally ignited golf’s social-media sphere when he took a drop from a pitch mark in the third fairway Friday at the Arnold Palmer Invitational
It was impossible to tell with the naked eye while watching TV whether that resting place was created by Clark’s tee shot or by someone else
was confident that it was his original pitch mark and he took relief
“After reviewing ShotLink video of Wyndham Clark’s tee shot on the third hole during the second round of the Arnold Palmer Invitational presented by Mastercard
the PGA Tour Rules Committee determined that the ball returned to its own pitch mark
in-booth rules official Mark Dusbabek further explained the situation
saying the Tour captured the incident with one of its 146 on-course cameras
bounce forward and then spin back into its original pitch mark
didn’t know there was any confusion obviously when I’m playing,” Clark said after his round
Then we get up there and it’s in a plugged lie
It was filled with — my ball was covered with mud
Clark was a co-leader in Round 2 before making double bogey at the 15th hole
He finished with a 1-under 71 to sit two back of leader Shane Lowry
A Division of NBCUniversal
DISCLAIMER: This site and the products offered are for entertainment purposes only
and there is no gambling offered on this site
This service is intended for adult audiences
No guarantees are made for any specific outcome
If you or someone you know has a gambling problem
(WH) on Wednesday reported first-quarter earnings of $61 million
Monday - Friday 9am-12pm / 2pm-6pm GMT + 1
All financial news and data tailored to specific country editions
Company Increases Quarterly Dividend by 8% and Provides Full-Year 2025 Outlook
PARSIPPANY, N.J., Feb. 12, 2025 /PRNewswire/ -- Wyndham Hotels & Resorts (NYSE: WH) today announced results for the three months and year ended December 31
"We're proud to report a very strong finish to 2024 with net rooms growth of 4% and comparable adjusted EBITDA growth of 7%
Our team's focus on expanding into higher FeePAR markets
growing our extended-stay footprint and unlocking new ancillary revenue streams underscore the diverse growth opportunities inherent in our asset-light
resilient business model," said Geoff Ballotti
"What excites us most about our future is the developer interest in
reflected in a pipeline that grew another 5% to a record quarter-of-a-million rooms that will open in the coming years with significant FeePAR premiums compared to our existing system. This
when coupled with improving customer demand we're seeing across both our leisure and infrastructure segments
lays a solid foundation for sustained momentum and meaningful value creation for our shareholders
franchisees and team members for many years to come."
these results included 4% growth in the higher RevPAR midscale and above segments in the U.S
which grew a combined 7%. The Company also increased its retention rate by another 10 basis points year-over-year
the Company's global development pipeline consisted of approximately 2,100 hotels and 252,000 rooms
$ 46.41
$ 50.37
Fourth quarter global RevPAR increased 5% in constant currency compared to 2023
and 6% growth internationally. For the full year
global RevPAR was flat compared to 2023 on a reported basis
and grew 2% in constant currency reflecting flat growth in the U.S
fourth quarter results included 140 basis points of favorable hurricane impacts; excluding which
RevPAR grew 4% year-over-year reflecting strength in both weekday business bookings and weekend leisure demand
RevPAR improved 620 basis points sequentially from third quarter
or 480 basis points excluding hurricane impacts
RevPAR strength was driven by ADR growth of 6% in constant currency
The Company's EMEA and Latin America regions saw the largest increases year-over-year in the fourth quarter
RevPAR for the Company's China region declined 11% in the fourth quarter
The Company generated $290 million of net cash provided by operating activities and $397 million of adjusted free cash flow in full-year 2024. The Company ended the quarter with a cash balance of $103 million and approximately $765 million in total liquidity.
The Company's net debt leverage ratio was 3.4 times at December 31
just below the midpoint of the Company's 3 to 4 times stated target range and in line with expectations
the Company repurchased approximately 0.3 million shares of its common stock for $23 million
the Company repurchased approximately 4.1 million shares of its common stock for $308 million
The Company paid common stock dividends of $30 million
during the fourth quarter 2024 for a total of $122 million
the Company returned $430 million to shareholders through share repurchases and quarterly cash dividends
The Company's Board of Directors authorized an 8% increase in the quarterly cash dividend to $0.41 per share
beginning with the dividend expected to be declared in first quarter 2025
The Company provided the following outlook for full-year 2025:
The Company continues to expect marketing fund revenues to equal expenses during full-year 2025 though seasonality of spend will affect the quarterly comparisons throughout the year
2025. A telephone replay will be available for approximately ten days beginning at noon ET on February 13
higher interest rates and potential recessionary pressures; the performance of the financial and credit markets; the economic environment for the hospitality industry; operating risks associated with the hotel franchising business; Wyndham's relationships with franchisees; the impact of war
$ 136
$ 117
$ 555
$ 532
$ 85
$ 50
$ 289
$ 1.09
$ 0.61
$ 3.64
$ 3.43
$ 305
$ 158
$ 16
$ 141
Amounts may not add across due to rounding
See Table 7 for reconciliations of Total Company non-GAAP measures and Table 9 for definitions
Payments related to hostile takeover defense
$ 113
$ 66
$ 134
$ 123
$ 290
$ 376
$ 130
$ 139
$ 397
$ 411
Represents payments related to the Company's defense of an unsuccessful hostile takeover attempt
$ 103
$ 66
$ 4,223
$ 4,033
$ 2,463
$ 2,201
$ 88
$ 160
$ 2,360
$ 2,135
Represents weighted average interest rates for the fourth quarter 2024
Reduction in balance relates to the Company's purchase of its previously leased corporate headquarters during fourth quarter 2024
$ 43
$ 2,463
$ 37.82
$ 46.41
$ 14.82
$ 32.17
$ 40.01
$ 41.10
$ 50.37
$ 15.18
$ 33.59
$ 42.91
International and global exclude the impact of currency exchange movements
$ 37.20
$ 46.47
$ 49.71
$ 38.90
$ 43.10
$ 43.84
$ 55.26
$ 58.46
$ 44.06
$ 50.42
$ 27.99
$ 34.44
$ 38.05
$ 32.12
$ 33.21
$ 16
$ 86
$ 102
$ 85
$ 289
$ 141
$ 178
$ 208
$ 168
$ 694
$ 67
$ 70
$ 103
$ 50
Foreign currency impact of highly inflationary countries (f)
$ 147
$ 158
$ 200
$ 154
$ 659
NOTE: Amounts may not add due to rounding
including the Company's defense of an unsuccessful hostile takeover attempt and the Company's repricing and upsizing of its term loan B
Relates to the foreign currency impact from hyper-inflation
which is reflected in operating expenses on the income statement
$ 1.08
$ 0.60
$ 3.61
$ 3.41
$ 85
$ 50
$ 289
Foreign currency impact of highly inflationary countries
$ 82
$ 75
$ 347
$ 341
$ 1.04
$ 0.91
$ 4.33
$ 4.01
Reflected in depreciation and amortization on the income statement
The 2024 amounts include a benefit related to tax credits received in Puerto Rico
The 2023 amounts include a foreign tax assessment impacting years 2017
The Company expects to generate roughly 20% of its adjusted EBITDA in the first quarter
Excludes the impact of any share repurchases after December 31
adjusted diluted EPS and adjusted free cash flow conversion rate
Table 9 WYNDHAM HOTELS & RESORTS DEFINITIONS
Comparable Basis: Represents a comparison eliminating the year-over-year variability of the Company's marketing funds
Free Cash Flow Conversion Rate: Represents the percentage of adjusted EBITDA that is converted to adjusted free cash flow and provides insights into how efficiently the Company is able to turn profits into cash available for use
Corporate Expansion
Money market accounts are similar to savings accounts
Unlock financial rewards by signing up for a savings or checking account with a bonus offer
Compare trusted real estate agents all in one place
Answer a few quick questions and we’ll show you your top credit card options
Read in-depth credit card reviews to find out which cards have the best perks and more
A HELOC is a variable-rate line of credit that lets you borrow funds for a set period and repay them later
Home equity loans let you borrow a lump sum at a fixed rate
based on how much of the home you own outright
If you plan on staying at Wyndham’s diverse portfolio of properties
the Wyndham Rewards loyalty program can help you earn free nights
If you’re interested in accelerating your rewards
you may also want to consider signing up for one of the Wyndham Rewards credit cards
With a higher rewards value than many other hotel loyalty programs and approximately 9,200 properties in 95 countries, signing up for the Wyndham Rewards program is a smart decision
Wyndham Rewards is the loyalty program for Wyndham Hotels & Resorts
Wyndham’s portfolio includes brands like AmericInn
The program provides members with access to exclusive rates and allows them to use points toward free stays
Joining the Wyndham Rewards program is free and simple. Head to the Wyndham Rewards site and click “Join Now” at the top of the page. On the registration page
fill out your contact information and create an account
You’ll then be eligible to earn points toward free and discounted nights at Wyndham properties
The Wyndham Rewards program is best for anyone who prefers to stay with Wyndham Hotels & Resorts. Frequent travelers have the most to benefit from this program
and loyalty pays off when you book hotel stays with Wyndham Rewards
Members can redeem points for free and discounted nights at approximately 9,200 Wyndham locations around the world — including hotels
There are a number of options for earning rewards in the Wyndham Rewards program
The primary way to earn Wyndham Rewards points is through stays at Wyndham properties
The program lets you earn either 10X points per dollar or 1,000 points per qualified stay
whichever is greater. (Qualified stays at WaterWalk Extended Stay by Wyndham only earn 5X points per dollar.) In order to qualify
bookings must be made directly through Wyndham
You can earn points by staying at one of Wyndham Hotels & Resorts locations
participating Caesars Rewards properties or Wyndham Vacation Clubs
Different member tiers enjoy accelerated earnings on stays: Gold members earn 10 percent more
Platinum members earn 15 percent more and Diamond members earn 20 percent more
Spending money on hotel stays isn’t the only way to earn Wyndham Rewards points
Members can find a variety of earning options through the Wyndham Rewards website — including online shopping
There are many ways to redeem your Wyndham Rewards points:
The primary way to redeem Wyndham Rewards points is to redeem points for free or discounted hotel stays. Wyndham’s “Go Free” program lets members redeem points for free nights at Wyndham Rewards hotels
Additionally, Wyndham Rewards members can get discounted stays by combining cash with 1,500
Note that the money spent on these stays counts toward Wyndham Rewards points earnings
Wyndham Rewards offers several redemption methods beyond redeeming for hotel stays and vacation packages
Redemption options include redeeming points for activities and experiences
point transfers to partner programs and charitable donations
According to Bankrate’s points and miles valuations
Wyndham Rewards points are worth about 0.9 cents each
This information can help you decide whether to pay for a Wyndham stay with cash
you can redeem a free night stay in a top-tier Wyndham property (typically a luxury hotel or a hotel in a prime location) for 30,000 points
If a third-tier property costs more than $270 per night
you’ll get more value by booking with points than with dollars
Wyndham Rewards points tend to be more valuable than points from other popular hotel loyalty programs
Here’s how Wyndham Rewards compares to the competition:
The Wyndham Rewards program has four membership tiers: Blue
Wyndham Rewards doesn’t have as many transfer partners as some other loyalty programs
but you’ll still have plenty of popular airlines to choose from
Wyndham Rewards’ transfer partners include:
There are several Wyndham Rewards credit cards that can help you expedite your points earnings and upgrade your elite status level faster
Cardholders also earn an annual bonus of 7,500 points — which can be worth up to 1 free night — on their cardholder anniversary after spending $15,000 in eligible purchases
This card also earns 5X points on eligible Hotels by Wyndham purchases
2X points on eligible dining and grocery store purchases (excluding Target and Walmart) and 1X points on all other purchases (excluding Wyndham Timeshare resort down payments)
when booking rewards stays, cardholders can redeem nights for 10 percent fewer points than non-cardholders
They’ll also benefit from exclusive cardmember rates when booking
no foreign transaction fees and $0 fraud liability protection
You’ll also earn 8X points on Hotels by Wyndham purchases; 8X points on eligible gas purchases; 5X points on eligible marketing
advertising and utilities purchases; and 1X points on all other purchases (excluding Wyndham Timeshare resort down payments)
The Wyndham Rewards program is a great way to earn points toward free or discounted stays at Wyndham properties around the world
and frequent travelers can quickly earn elite status through stays at Wyndham properties or by carrying a co-branded Wyndham credit card
With multiple ways to earn and redeem rewards
joining the Wyndham Rewards program is definitely worth your consideration
*The information about the Wyndham Rewards Earner® Card
Wyndham Rewards Earner® Plus Card and Wyndham Rewards Earner® Business Card has been collected independently by Bankrate
The card details have not been reviewed or approved by the issuer
Part of Wyndham's new Travel Bundles platform
members can book all aspects of their next Carnival cruise vacation through WyndhamRewards.com
plus earn double points for a limited time
2025 /PRNewswire/ -- Wyndham Rewards members looking to set sail on a Carnival cruise now have a new way to book and save
Wyndham Rewards members can book Carnival Cruise Line vacations through Wyndham Travel Bundles
making it easier than ever to plan an entire trip while earning Wyndham Rewards points for every aspect of their booking.
travelers can do more than just book their cruise
they can bundle everything they need for a stress-free vacation
From flights and pre-cruise hotel stays to rental cars
Wyndham Travel Bundles allows members to customize their entire journey
And with every qualifying reservation earning Wyndham Reward points
members can turn their cruise into a reward-packed adventure
"Carnival is the world's most popular cruise line
and its iconic red funnel serves as a passport to unforgettable journeys - making it the perfect addition to Wyndham Travel Bundles
From setting sail to unwinding after an adventure at sea
It's all turning dream vacations into even more rewarding experiences
and more ways to make the most out of every adventure."
Seamless Earning from Ship to ShoreMembers earn one Wyndham Rewards point per dollar on all cruise bundle reservations with the added benefit of a special discount on their cruise fare
members also earn one point per dollar on airfare
along with up to 10 points per dollar on qualifying hotel stays and activities
and car rentals, members are able to double dip
but also miles and points in each brands' rewards program
relaxing at Carnival's new Celebration Key exclusive destination
Carnival Cruise Line offers thousands of ways to make the most of every moment at sea
And the adventure doesn't end upon returning to port
With Wyndham Hotels conveniently located near many major cruise departure ports worldwide
members can keep the journey going and redeem points along the way for hotel stays – whether it's the night before setting sail or unwinding after returning to shore
"Wyndham is a fantastic partner and we're eager to work together on creating even more unforgettable vacations and giving their loyalty members a fresh and easy way to enjoy our cruises
This collaboration not only expands our reach but also offers travelers a seamless
Executive Vice President and Chief Commercial Officer
Earn Double Points during Member Month As part of Wyndham Rewards' Member Month Celebration, now through April 30, 2025, members can earn double points on all Wyndham Travel Bundles. Travel must be completed by December 31, 2025. Terms and conditions apply; visit WyndhamHotels.com/TravelBundles for more details
About Carnival Cruise LineCarnival Cruise Line, part of Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK)
is the first cruise line to sail over 100 million guests and is proud to be known as America's Cruise Line
for carrying more Americans and serving more U.S
Carnival has continually revolutionized the cruise industry and popularized the cruise vacation as an affordable and fun travel option
as well as seasonally from Europe and employs more than 50,000 team members representing 120 nationalities
Carnival's fleet of 27 ships reflects an exciting period of growth that continues with the addition of seven ships through 2033: two ships are joining as P&O Cruises Australia integrates into Carnival; a fourth and fifth Excel class ship scheduled for 2027 and 2028 respectively; followed by three additional new ships from an innovative new class currently under development
Carnival's next new guest offering will be the all-new exclusive destination
Maritime & Shipbuilding
Transportation, Trucking & Railroad
Wyndham Clark withdrew after nine holes Friday in the second round of The Players Championship
The PGA Tour later revealed it was because of a neck injury
shot 4-over 40 over his opening nine in Round 2 and was five strokes removed from the projected cut line
Jordan Spieth and Danny Walker played the second nine as a twosome. Walker took Jason Day’s spot in the field after the 2016 champ withdrew Thursday morning ahead of the first round because of illness
Clark lipped out a birdie putt on the 72nd hole that would have forced a playoff with eventual champion Scottie Scheffler
Advertiser DisclosureAdvertiser Disclosure
350 Published Articles 1017 Edited Articles
495 Published Articles 783 Edited Articles
Opinions and recommendations are ours alone
as Barclays recently extended a unique offer to Wyndham Rewards cardholders
If you’ve been targeted for Barclays’ current offer
you can earn 3,000 bonus points by paying 3 different bills for 3 consecutive months with your Wyndham credit card
Here are the details of this intriguing offer
A new targeted promotion allows eligible Wyndham Rewards cardholders to receive 3,000 bonus points when they make 3 consecutive monthly bill payments between now and November 30
The service providers listed below are eligible for this promotion:
Before paying your bills, you must register for this promotion, which you can do here
to take advantage of this promotional offer
you must complete at least 1 online payment with each of these merchants every calendar month for 3 consecutive months
The final date for making online payments to a merchant for 3 consecutive months is November 30
Bonus points will post to your Wyndham Rewards account 10-12 weeks after completing the qualifying activity
Since we value Wyndham Rewards points at 0.9 cents each, we believe this bonus is worth $27. If you have a Wyndham Rewards credit card, check your email to see if this targeted offer is still available to you
This promotion is only offered to certain cards; therefore
not all Wyndham Rewards members will be eligible
Learn more about how to earn and redeem Wyndham Rewards points in our detailed guides
Based on the terms of this promotion, this targeted offer appears intended for cardholders of the Wyndham Rewards® Earner℠ Card, Wyndham Rewards® Earner℠ Plus Card, Wyndham Rewards® Earner℠ Business Card
Barclays occasionally offers promotional spending bonuses to Wyndham Rewards credit cardholders
we appreciate targeted cardholder spending offers in popular merchant categories like this new promotion from Barclays and Wyndham Rewards
as it covers categories where many people spend regularly: internet
If you’re aiming to boost your Wyndham Rewards points balance and have been targeted for this spending bonus offer
then earning 3,000 bonus points by establishing a bill pay for 3 consecutive months should be quite easy to maximize
Just make sure to register for the offer first to be eligible for the bonus points
Juan has extensive experience in writing and editing content related to credit cards
He has been honing his expertise in this field for over a decade
His work has been featured in various prestigious publications
Plus — expert strategies to maximize your points & miles by joining our (free) newsletter
We respect your privacy. This site is protected by reCAPTCHA. Google's privacy policy and terms of service apply
OFFER ENDING SOONChase Sapphire Preferred® Card
LIMITED TIME TRAVEL OFFERThe Business Platinum Card® from American Express
BEST LOUNGE ACCESSThe Platinum Card® from American Express
Privacy Policy | All Guides | Terms & Conditions | Web Accessibility Policy | Cookie Policy
travel information and ancillary information concerning travel and credit cards
The information provided is for informational purposes only and should not be considered financial
LLC uses reasonable efforts to maintain accurate information on the site — and prior to applying for any credit card offers found on UpgradedPoints.com
all visitors should review other features of such credit cards including but not limited to interest rates
and should determine the suitability of such credit cards considering their own individual financial position
as an Amazon Associate we earn from qualifying purchases
Editorial Disclosure: The content featured on UpgradedPoints.com has not been influenced
or reviewed by the credit card companies mentioned
comments and analyses are the responsibility of the author(s) and not any Advertiser or credit card issuer
New "Recharge with Wyndham" initiative offers double Wyndham Rewards points and elevated status; Teams up with Hotels4Truckers for exclusive savings and verified trucker-friendly parking
2025 /PRNewswire/ -- Truckers keep the world moving
and with that comes long hours and tiring days on the road
Wyndham Hotels & Resorts has launched Recharge with Wyndham
a new initiative designed to help them make the most of their time away from the wheel
with thousands of locations under trusted names like Days Inn® by Wyndham
"Truckers are an essential part of the workforce and we know their time is valuable
we're helping drivers put their safety and rest first while making it easier than ever to build up points toward their next free stay—whether that's a weekend away with the family or an overnight pitstop as they ready for the journey ahead."
Hotels4Truckers makes it easy to search and book over 2,000 Hotels by Wyndham that are confirmed to have trucker-friendly parking
accommodating tractor-trailers up to 75 feet long
drivers can take advantage of their Recharge by Wyndham benefits when making bookings through the platform
it's time to refuel more than just the truck
Hotels4Truckers members can recharge with a comfortable place to stay that doesn't break the bank
making life on the road easier and my time off more rewarding."
Trucking and Road Transportation