WH - Wyndham Hotels & Resorts Inc9:00:02 PM 12/5/2023
-1.15 (-1.47%)
Wyndham Hotels and Resorts is an international hotel and resort chain based in the United States. It has locations in China, Canada, Mexico, Colombia, Panama, Armenia, Ecuador, Turkey, Germany, the UK, the Caribbean, the UAE, Indonesia, India, Saudi Arabia and Margarita Island in Venezuela. On June 1, 2018, Wyndham Worldwide spun-off Wyndham Hotels & Resorts as its own company, and Wyndham Worldwide was renamed Wyndham Destinations. As of December 31, 2019, it has 9,280 hotels, including two that are owned by the company. Wyndham Hotel Corporation was founded in 1981 in Dallas, Texas, by Trammell Crow, the president of Trammel Crow Company . The company appears to have been named after a friend of Crow's, a woman named Wyndham Robertson, who wrote a profile of him for Fortune. As the company grew, it eventually merged with a hotel REIT called Patriot American Hospitality . Patriot American organized the combined company as a paired-share REIT, in which Patriot owned the real estate assets and leased the hotels to Wyndham to run. In 1999, Patriot merged with Wyndham Hotels, forming a single company under the Wyndham name and dropping its REIT status.
Quarterly financials
(USD)Sep 2023Q/Q
Operating Income163MM+33%
Operating Expenses239MM-
Net Income103MM+47%
Interest Expense27MM+12%
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Stock news

    Over the past year, consumers have shifted their spending preferences from goods to services. After a two-year slump due to the pandemic, travel has rebounded strongly and is approaching pre-pandemic levels. This shift has benefited top-rated stocks in the travel industry. After solid air travel growth in 2022, consumers have continued to splurge on travel experiences. While most of 2022’s travel was domestic, international travel this year is seeing massive demand. As a result, some travel stoc

    Choice Hotels International is preparing to nominate directors to the board of rival Wyndham Hotels & Resorts, seeking to break a stalemate in an $8 billion takeover battle, people familiar with the matter said. Choice has become a Wyndham shareholder by snapping up its shares in the open market and plans to raise its stake in the coming days, the sources said. This gives Choice the right to nominate directors to Wyndham's board come January.

    Another bid by Choice Hotels to strike a deal with Wyndham Hotels & Resorts has fallen flat. After months of on-and-off talks for a deal that would unite two of the biggest budget hotel owners in the country, Wyndham’s board received a letter from Pat Pacious on Nov. 14, in which the Choice chief executive sought to restart negotiations and strike a deal with Wyndham before the end of the year, executives said Tuesday. Wyndham views the offer as too low and worries it would saddle the co...

    Kohl's (KSS) shares slide this morning after reporting declining sales in the third quarter. Wyndham Hotels & Resorts (WH) rejects the latest bid from Choice Hotels International (CHH). Lastly, Deutsche Bank analysts initiative coverage on Zillow (Z, ZG) with a "Buy" rating at a price target of $50 per share. Yahoo Finance Live's Seana Smith and Brad Smith examine several trending stocks during Tuesday morning's trading session. For more expert insight and the latest market action, click here to...

    Wyndham Hotels & Resorts (NYSE: WH) ("Wyndham" or the "Company"), the world's largest hotel franchising company with approximately 9,100 hotels spanning more than 95 countries, today announced that its Board of Directors received a letter from Choice Hotels International, Inc. (NYSE: CHH) ("Choice"), on November 14, 2023. Wyndham's Board of Directors, together with its financial and legal advisors, closely reviewed Choice's letter and determined that it represents a step backwards and that the t

    Wyndham Hotels & Resorts, Inc. (NYSE: WH) announced today its Board of Directors declared a quarterly cash dividend of $0.35 per share on its common stock, payable December 27, 2023 to shareholders of record as of December 13, 2023.

    Last-minute deadlines, performance reviews, unexpected travel—crossing that end-of-year finish line can be tough for any business traveler. Enter La Quinta® by Wyndham—the award-winning hotel brand known for helping business travelers be at their best—and its new Holiday Hype Machine, a personalized video-sharing experience where users can create and share custom hype-up messages with co-workers, friends, and family in need of an extra boost to conquer their holiday doldrums.

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    Wyndham Hotels & Resorts, the world's largest hotel franchising company with approximately 9,100 hotels spanning more than 95 countries, announced the opening of Wyndham Grand Ijin Busan. The 271-room hotel marks the debut of the esteemed Wyndham Grand brand into the beautiful country of South Korea.