WYNDHAM HOTELS & RESORTS REPORTS STRONG SECOND QUARTER RESULTS Accessibility Statement Skip Navigation Resources
Investor Relations Journalists Agencies Client Login Send a Release News Products Contact Search Search When typing in
this field, a list of search results will appear and be automatically updated as you type. Searching for your content...
No results found. Please change your search terms and try again. News in Focus Browse News Releases All News Releases
All Public Company English-only News Releases Overview Multimedia Gallery All Multimedia All Photos All Videos
Multimedia Gallery Overview Trending Topics All Trending Topics Business & Money Auto & TransportationAll
Automotive & Transportation Aerospace, Defense Air Freight Airlines & Aviation Automotive Maritime &
Shipbuilding Railroads and Intermodal Transportation Supply Chain/Logistics Transportation, Trucking & Railroad
Travel Trucking and Road Transportation Auto & Transportation OverviewView All Auto & Transportation Business
TechnologyAll Business Technology Blockchain Broadcast Tech Computer & Electronics Computer Hardware Computer
Software Data Analytics Electronic Commerce Electronic Components Electronic Design Automation Financial Technology High
Tech Security Internet Technology Nanotechnology Networks Peripherals Semiconductors Business Technology OverviewView
All Business Technology Entertainment & MediaAll Entertainment & Media Advertising Art Books Entertainment
Film and Motion Picture Magazines Music Publishing & Information Services Radio & Podcast Television
Entertainment & Media OverviewView All Entertainment & Media Financial Services & InvestingAll Financial
Services & Investing Accounting News & Issues Acquisitions, Mergers and Takeovers Banking & Financial
Services Bankruptcy Bond & Stock Ratings Conference Call Announcements Contracts Cryptocurrency Dividends Earnings
Earnings Forecasts & Projections Financing Agreements Insurance Investments Opinions Joint Ventures Mutual Funds
Private Placement Real Estate Restructuring & Recapitalization Sales Reports Shareholder Activism Shareholder
Meetings Stock Offering Stock Split Venture Capital Financial Services & Investing OverviewView All Financial
Services & Investing General BusinessAll General Business Awards Commercial Real Estate Corporate Expansion Earnings
Environmental, Social and Governance (ESG) Human Resource & Workforce Management Licensing New Products &
Services Obituaries Outsourcing Businesses Overseas Real Estate (non-US) Personnel Announcements Real Estate
Transactions Residential Real Estate Small Business Services Socially Responsible Investing Surveys, Polls and Research
Trade Show News General Business OverviewView All General Business Science & Tech Consumer TechnologyAll Consumer
Technology Artificial Intelligence Blockchain Cloud Computing/Internet of Things Computer Electronics Computer Hardware
Computer Software Consumer Electronics Cryptocurrency Data Analytics Electronic Commerce Electronic Gaming Financial
Technology Mobile Entertainment Multimedia & Internet Peripherals Social Media STEM (Science, Tech, Engineering,
Math) Supply Chain/Logistics Wireless Communications Consumer Technology OverviewView All Consumer Technology Energy
& Natural ResourcesAll Energy Alternative Energies Chemical Electrical Utilities Gas General Manufacturing Mining
Mining & Metals Oil & Energy Oil and Gas Discoveries Utilities Water Utilities Energy & Natural Resources
OverviewView All Energy & Natural Resources EnvironmentAll Environment Conservation & Recycling
Environmental Issues Environmental Policy Environmental Products & Services Green Technology Natural Disasters
Environment OverviewView All Environment Heavy Industry & ManufacturingAll Heavy Industry & Manufacturing
Aerospace & Defense Agriculture Chemical Construction & Building General Manufacturing HVAC (Heating,
Ventilation and Air-Conditioning) Machinery Machine Tools, Metalworking and Metallurgy Mining Mining & Metals Paper,
Forest Products & Containers Precious Metals Textiles Tobacco Heavy Industry & Manufacturing OverviewView All
Heavy Industry & Manufacturing TelecommunicationsAll Telecommunications Carriers and Services Mobile
Entertainment Networks Peripherals Telecommunications Equipment Telecommunications Industry VoIP (Voice over Internet
Protocol) Wireless Communications Telecommunications OverviewView All Telecommunications Lifestyle & Health
Consumer Products & RetailAll Consumer Products & Retail Animals & Pets Beers, Wines and Spirits Beverages
Bridal Services Cannabis Cosmetics and Personal Care Fashion Food & Beverages Furniture and Furnishings Home
Improvement Household, Consumer & Cosmetics Household Products Jewelry Non-Alcoholic Beverages Office Products
Organic Food Product Recalls Restaurants Retail Supermarkets Toys Consumer Products & Retail OverviewView All
Consumer Products & Retail Entertainment & MediaAll Entertainment & Media Advertising Art Books
Entertainment Film and Motion Picture Magazines Music Publishing & Information Services Radio & Podcast
Television Entertainment & Media OverviewView All Entertainment & Media HealthAll Health Biometrics
Biotechnology Clinical Trials & Medical Discoveries Dentistry FDA Approval Fitness/Wellness Health Care &
Hospitals Health Insurance Infection Control International Medical Approval Medical Equipment Medical Pharmaceuticals
Mental Health Pharmaceuticals Supplementary Medicine Health OverviewView All Health SportsAll Sports General Sports
Outdoors, Camping & Hiking Sporting Events Sports Equipment & Accessories Sports OverviewView All Sports
TravelAll Travel Amusement Parks and Tourist Attractions Gambling & Casinos Hotels and Resorts Leisure & Tourism
Outdoors, Camping & Hiking Passenger Aviation Travel Industry Travel OverviewView All Travel Policy & Public
Interest Policy & Public InterestAll Policy & Public Interest Advocacy Group Opinion Animal Welfare
Congressional & Presidential Campaigns Corporate Social Responsibility Domestic Policy Economic News, Trends,
Analysis Education Environmental European Government FDA Approval Federal and State Legislation Federal Executive Branch
& Agency Foreign Policy & International Affairs Homeland Security Labor & Union Legal Issues Natural
Disasters Not For Profit Patent Law Public Safety Trade Policy U.S. State Policy Policy & Public Interest
OverviewView All Policy & Public Interest People & Culture People & Culture All People & Culture
Aboriginal, First Nations & Native American African American Asian American Children Diversity, Equity &
Inclusion Hispanic Lesbian, Gay & Bisexual Men's Interest People with Disabilities Religion Senior Citizens
Veterans Women People & Culture Overview View All People & Culture In-Language News Arabic español português
Česko Danmark Deutschland España France Italia Nederland Norge Polska Portugal Россия Slovensko Suomi Sverige
Explore Our Platform Plan Campaigns Create with AI Distribute Press Releases Report Results Amplify Content All Products
General Inquiries Editorial Bureaus Partnerships Media Inquiries Worldwide Offices Hamburger menu Send a Release ALL
CONTACT INFO Contact Us 888-776-0942 from 8 AM - 10 PM ET Send a Release Client Login Resources Blog Journalists RSS
News in Focus Browse All News Multimedia Gallery Trending Topics Business & Money Auto & Transportation Business
Technology Entertainment & Media Financial Services & Investing General Business Science & Tech Consumer
Technology Energy & Natural Resources Environment Heavy Industry & Manufacturing Telecommunications
Lifestyle & Health Consumer Products & Retail Entertainment & Media Health Sports Travel Policy &
Public Interest People & Culture People & Culture Send a Release Client Login Resources Blog Journalists RSS
Explore Our Platform Plan Campaigns Create with AI Distribute Press Releases Report Results Amplify Content All Products
Send a Release Client Login Resources Blog Journalists RSS General Inquiries Editorial Bureaus Partnerships Media
Inquiries Worldwide Offices Send a Release Client Login Resources Blog Journalists RSS WYNDHAM HOTELS & RESORTS
REPORTS STRONG SECOND QUARTER RESULTS News provided by Wyndham Hotels & Resorts Jul 22, 2026, 16:30 ET Share this
article Share toX Share this article Share toX Company Raises Full-Year 2026 Outlook Grows System Size by 4% and
Development Pipeline by 4% PARSIPPANY, N.J., July 22, 2026 /PRNewswire/ -- Wyndham Hotels & Resorts (NYSE: WH) today
announced results for the three months ended June 30, 2026. Highlights include: U.S. RevPAR grew 2%
year-over-year. System-wide rooms grew 4% year-over-year, excluding insolvent Revo Hospitality Group ("Revo") rooms.
Development pipeline grew 4% year-over-year, excluding Revo, to a record of approximately 261,000 rooms, carrying a
FeePAR premium of approximately 30% to existing domestic and international systems. Net income increased 17%
year-over-year to $102 million; adjusted net income increased 8% year-over-year to $111 million, or flat on a comparable
basis. Diluted EPS grew 20% to $1.36 and adjusted diluted EPS grew 11% year-over-year to $1.48, or 3% higher on a
comparable basis. Adjusted EBITDA increased 9% year-over-year to $212 million, or 3% higher on a comparable basis. Net
cash provided by operating activities increased 30% to $91 million and adjusted free cash flow increased 19% to $105
million. Returned $86 million to shareholders through $54 million of share repurchases and quarterly cash
dividends of $0.43 per share. "Our solid second-quarter results reflect the continued strength of Wyndham's asset-light,
fee-based business, bolstered by system expansion, higher ancillary revenues and accelerating U.S. RevPAR growth that
exceeded our expectations — delivering comparable-basis adjusted EBITDA growth of 3%," said Geoff Ballotti, President
and Chief Executive Officer. "Record second quarter openings focused on higher FeePAR hotels in the midscale and
above segments, demonstrate franchisees' continued confidence in our brands and Wyndham's compelling 'Owner First' value
proposition. As domestic RevPAR trends, net rooms growth, global pipeline development and ancillary revenue streams
continue to strengthen, we remain confident in our ability to deliver sustainable long-term growth and create meaningful
value for our shareholders, franchisees, and guests." System Size and Development Rooms June 30, 2026 June 30, 2025 %
Change United States 501,100 503,300 — % International 372,300 343,400 8 % Global 873,400 846,700 3 %
Global ex. Revo 853,600 824,200 4 % During the preparation of its year-end 2025 financial statements, the Company
learned that Revo, a large European franchisee, had filed for insolvency proceedings under self-administration for most
of its operating entities. The Company removed all Revo-related revenue recognition from its 2026 outlook and reported
results given the uncertainty on expected outcomes and collectability. In addition, the Company's 2026 net room growth
outlook also excluded any impact associated with Revo's ongoing insolvency and, as such, the Company's global net room
growth metrics are also presented excluding Revo-related rooms. The Company's global system, excluding Revo, grew
4%. The Company's U.S. system grew 10 basis points sequentially and was flat year-over-year. International
growth of 10% year-over-year, excluding Revo, included 12% direct-franchised growth in the Company's Asia Pacific region
and 11% growth in the Company's higher RevPAR EMEA and Latin America regions. As of June 30, 2026, the Company's
global development pipeline increased 4% vs. prior-year, excluding Revo, to a record-high of approximately 261,000 rooms
and over 2,200 hotels. Key highlights of the Company's pipeline include: 2% growth in the U.S. and 5% growth
internationally, excluding Revo Approximately 69% is in the midscale and above segments Approximately 17% is in the
extended stay segment Approximately 42% is in the U.S. Approximately 78% is new construction and approximately 35% of
these projects have broken ground; rooms under construction grew 4% year-over-year Approximately 30% FeePAR premium
compared to existing domestic and international systems RevPAR SecondQuarter 2026 YOY Constant Currency % Change United
States $ 54.50 2 % International 37.31 (6 %) Global
$ 47.01 (1 %) Second quarter global RevPAR decreased 1% in
constant currency compared to 2025, reflecting 2% growth in the U.S. and a 6% decline internationally. In the
U.S., RevPAR improved 2% both year-over-year and sequentially, reflecting improved occupancy and ADR levels. Overall,
U.S. RevPAR results were primarily driven by continued strength across the Midwest and both sequential and
year-over-year growth in Texas, Florida and California. Internationally, constant currency growth of 2% in Canada
reflected sustained pricing power, while growth of 5% in Southeast Asia and the Pacific Rim primarily reflected improved
demand. Growth in those regions was more than offset in Latin America, which declined 7% year-over-year primarily due to
lower U.S. cross-border demand in Mexico, EMEA, which declined 6% year-over-year largely driven by the geopolitical
conflict in the Middle East as well as softness in the performance of Revo hotels in its insolvency, and China, which
declined by 5% year-over-year primarily due to continued deflationary pricing pressure. Operating Results The
comparability of the Company's second 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. Net revenues Net
income(a) AdjustedEBITDA Reported diluted EPS(a) Adjusteddiluted EPS(a) 2025 reported
$ 397 $ 87
$ 195 $ 1.13
$ 1.33 2026 reported 375 102 212 1.36 1.48 Change (22) 15 17 0.23 0.15 Less:
Marketing fund variability n/a 8 11 0.11 0.11 Comparable basis growth $ (22)
$ 7
$ 6 $ 0.12
$ 0.04 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. Net revenues declined 6% to $375 million compared to $397 million in the second quarter of 2025, reflecting
the absence of pass-through revenues due to the Company's global franchisee conference in May 2025. In addition,
the decline reflected lower other franchise fees and the deferral of fees from Revo, which was partially offset by
higher ancillary revenues, EBITDA-neutral revenues from the two Revo hotels the Company took possession of and global
net rooms growth, excluding Revo, of 4%. Net income increased 17% to $102 million compared to $87 million in the second
quarter of 2025, primarily reflecting higher adjusted EBITDA and lower restructuring and other-related costs, partially
offset by increased interest expense. Adjusted net income grew 8% to $111 million compared to $103 million in the
second quarter of 2025. Adjusted EBITDA increased 9% to $212 million compared to $195 million in the second quarter
of 2025. This increase included a $11 million favorable impact from marketing fund variability, excluding which adjusted
EBITDA increased 3% on a comparable basis, primarily reflecting lower general and administrative expenses driven largely
by insurance recoveries, the timing of variable costs and higher ancillary revenues, partially offset by a decline in
other franchise fees and the deferral of fees from Revo. Diluted EPS grew 20% to $1.36 compared to $1.13 in the second
quarter of 2025, which reflects higher net income and the benefit of a lower share count due to share repurchase
activity. Adjusted diluted EPS increased 11% to $1.48 compared to $1.33 in the second quarter of 2025. This
increase included a favorable impact of $0.11 per share related to marketing fund variability (after estimated
taxes). On a comparable basis, adjusted diluted EPS increased approximately 3% year-over-year primarily reflecting
a comparable basis increase in adjusted EBITDA and the benefit of share repurchase activity, partially offset by
increased interest expense. 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. Balance Sheet and Liquidity The Company generated $91
million of net cash provided by operating activities and $105 million of free cash flow in the second quarter 2026. The
Company ended the quarter with a cash balance of $69 million and $1.0 billion in total liquidity. The Company's net debt
leverage ratio at June 30, 2026 was 3.5 times, at the midpoint of the Company's 3-to-4 times stated target range and
in-line with expectations. Share Repurchases and Dividends During the second quarter, the Company repurchased
approximately 657,000 shares of its common stock for $54 million. The Company paid common stock dividends of $32
million, or $0.43 per share, during the second quarter 2026. Outlook The Company is updating its full-year outlook as
follows: Updated Outlook Prior Outlook Year-over-year rooms growth (a) 4.0% - 4.5% 4.0% - 4.5% Year-over-year global
RevPAR growth (b) 0.0% - 1.0% (1.0%) - 1.0% Net revenues (c) $1.48 - $1.50 billion $1.47 - $1.50 billion Adjusted EBITDA
(d) $735 - $745 million $730 - $745 million Adjusted net income $355 - $365 million $351 - $365 million Adjusted diluted
EPS $4.71 - $4.83 $4.62 - $4.80 Free cash flow conversion rate 55% - 60% 55% - 60% (a) Excludes any potential room
termination impact associated with Revo's ongoing insolvency. (b) Represents constant currency basis; on a
reported basis, which includes foreign currency impacts, would be 0.0% - 1.0%. The Company's prior outlook for second
half domestic RevPAR of approximately 0% has been increased to approximately 2% in the Company's updated outlook.
(c) Includes approximately $10 million of net revenues from the two hotels that the Company foreclosed on and took
ownership of as part of Revo's ongoing insolvency. (d) Includes the effects of the deferral of $12 million of royalties
and franchise fees from Revo and the inclusion of $15 million of previously disclosed one-time variable cost reductions
made in 2025; excluding which comparable basis growth rate would be 5% - 7%. The Company expects marketing fund revenues
to roughly equal expenses during full-year 2026 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, without unreasonable efforts, 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, such
excluded items could be material, individually or in the aggregate, to the reported results. Conference Call
Information Wyndham Hotels will hold a conference call with investors to discuss the Company's results and outlook on
Thursday, July 23, 2026 at 8:30 a.m. ET. Listeners can access the webcast live through the Company's website at
https://investor.wyndhamhotels.com. The conference call may also be accessed by dialing 800 343-4136 and providing
the passcode "Wyndham". Listeners are urged to call at least five minutes prior to the scheduled start time.
An archive of this webcast will be available on the website beginning at noon ET on July 23, 2026. A telephone
replay will be available for approximately ten days beginning at noon ET on July 23, 2026 at 800 839-5247.
Presentation of Financial Information 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. About Wyndham
Hotels & Resorts Wyndham Hotels & Resorts (NYSE: WH) is one of the world's largest hotel franchising companies
with approximately 8,400 hotels across approximately 100 countries on six continents. Through its network of over
873,000 franchised and affiliated rooms appealing to the everyday traveler, Wyndham commands a leading presence in the
economy and midscale segments of the lodging industry. The Company operates a portfolio of 25 hotel brands,
including Super 8®, Days Inn®, Ramada®, Microtel®, La Quinta®, Baymont®, Wingate®, AmericInn®, ECHO Suites®,
Registry Collection Hotels®, Trademark Collection® and Wyndham®. The Company's award-winning Wyndham Rewards
loyalty program offers over 126 million enrolled members the opportunity to redeem points at thousands of hotels,
vacation club resorts and vacation rentals globally. For more information, visit
https://investor.wyndhamhotels.com. The Company may use its website and social media channels as means of
disclosing material non-public information and for complying with its disclosure obligations under Regulation FD.
Disclosures of this nature will be included on the Company's website in the Investors section, which can currently be
accessed at https://investor.wyndhamhotels.com or on the Company's social media channels, including the Company's
LinkedIn account which can currently be accessed at https://www.linkedin.com/company/wyndhamhotels. Accordingly,
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. Forward-Looking Statements 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, including revenues, earnings, 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, uncertainties and other factors, which may cause the actual results, 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, without limitation, general economic conditions, including inflation, 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 ability of franchisees to pay back loans owed to Wyndham; the impact of
prior or any future impairment charges related to the credit Wyndham extends to its franchisees; the impact of war,
terrorist activity, political instability or political strife; global or regional health crises or pandemics including
the resulting impact on Wyndham's business, operations, financial results, cash flows and liquidity, as well as the
impact on its franchisees, guests and team members, 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, whether as a result of new information, subsequent events
or otherwise, except as required by law. Table 1 WYNDHAM HOTELS & RESORTS INCOME STATEMENT (In millions,
except per share data) (Unaudited) Three Months Ended June 30, Six Months Ended June 30, 2026 2025 2026 2025 Net
revenues Royalties and franchise fees $ 139
$ 147
$ 253
$ 272 Marketing, reservation and loyalty
145 165 267 281 Management and other fees 5 2 9 5 License and other fees 32 33 62 60 Other 54 50 111 95 Net revenues 375
397 702 713 Expenses Marketing, reservation and loyalty 131 162 262 300 Operating 26 25 50 45 General and administrative
24 31 59 61 Depreciation and amortization 15 15 31 31 Restructuring and other-related 5 13 10 13 Transaction-related —
1 3 1 Separation-related — — (1) — Total expenses 201 247 414 451 Operating income 174 150 288 262 Interest
expense, net 36 34 71 68 Income before income taxes 138 116 217 194 Provision for income taxes 36 29 54 45 Net income
$ 102
$ 87
$ 163
$ 149 Earnings per share Basic
$ 1.37
$ 1.13
$ 2.17
$ 1.92 Diluted 1.36 1.13 2.16 1.90 Weighted
average shares outstanding Basic 75.0 77.0 75.2 77.5 Diluted 75.2 77.4 75.5 78.0 NOTE: As a result of the Company's exit
of its U.S. management business, it has not recorded cost reimbursement revenues and expenses to account for U.S.
managed employees' payroll costs since full-year 2024. Therefore, the Company is no longer separately disclosing
fee-related and other revenues within net revenues for comparative year-over-year purposes in its reported and outlook
results. Table 2 WYNDHAM HOTELS & RESORTS HISTORICAL REVENUE AND ADJUSTED EBITDA BY SEGMENT First Quarter Second
Quarter Third Quarter FourthQuarter Full Year Hotel Franchising Net revenues 2026
$ 327 $ 375 n/a n/a n/a 2025
$ 316 $ 397
$ 382 $ 334
$ 1,429 Adjusted EBITDA 2026 $ 174
$ 225 n/a n/a n/a 2025 $ 161
$ 214 $ 228
$ 178 $ 781 Corporate Net revenues
2026 $ —
$ — n/a n/a n/a 2025
$ — $ —
$ — $ —
$ — Adjusted EBITDA 2026
$ (18) $ (13) n/a
n/a n/a 2025 $ (16)
$ (19) $ (15)
$ (13) $ (63) Total
Company Net revenues 2026 $ 327 $ 375
n/a n/a n/a 2025 $ 316 $ 397
$ 382 $ 334
$ 1,429 Net income/(loss) 2026 $ 61
$ 102 n/a n/a n/a 2025
$ 61 $ 87
$ 105 $ (60)
$ 193 Adjusted EBITDA 2026 $ 156
$ 212 n/a n/a n/a 2025 $ 145
$ 195 $ 213
$ 165 $ 718 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.
Table 3 WYNDHAM HOTELS & RESORTS CONDENSED CASH FLOWS (In millions) (Unaudited) Six Months Ended June 30, 2026 2025
Operating activities Net income $ 163
$ 149 Depreciation and amortization 31 31
Payments of development advance notes, net (57) (51) Working capital and other, net (4) — Net cash provided by
operating activities 133 129 Investing activities Property and equipment additions (21) (19) Loan advances, net (1) (52)
Net cash used in investing activities (22) (71) Financing activities Proceeds from long-term debt 762 242 Payments of
long-term debt (654) (129) Dividends to shareholders (66) (65) Repurchases of common stock (107) (153) Other, net (20)
(17) Net cash used in financing activities (85) (122) Effect of changes in exchange rates on cash, cash equivalents and
restricted cash (1) 1 Net increase/(decrease) in cash, cash equivalents and restricted cash 25 (63) Cash, cash
equivalents and restricted cash, beginning of period 64 113 Cash, cash equivalents and restricted cash, end of period
$ 89
$ 50 Free Cash Flow: Three Months Ended
June 30, Six Months Ended June 30, 2026 2025 2026 2025 Net cash provided by operating activities
$ 91
$ 70
$ 133
$ 129 Less: Property and equipment additions (14) (12)
(21) (19) Plus: Payments of development advance notes, net 28 23 57 51 Free cash flow 105 81 169 161 Plus: Adjusting
items (a) — 7 — 7 Adjusted free cash flow $ 105
$ 88
$ 169
$ 168 (a) Represents separation-related net tax
payments. Table 4 WYNDHAM HOTELS & RESORTS BALANCE SHEET SUMMARY AND DEBT (In millions) (Unaudited) As ofJune 30,
2026 As ofDecember 31, 2025 Assets Cash and cash equivalents
$ 69
$ 64
Trade receivables, net 331 291 Property and equipment, net 148 104 Goodwill and intangible assets, net 3,002 3,015 Other
current and non-current assets 782 708 Total assets
$ 4,332
$ 4,182 Liabilities and
stockholders' equity Total debt
$ 2,675
$ 2,560 Other current
liabilities 480 462 Deferred income tax liabilities 268 271 Other non-current liabilities 429 421 Total liabilities
3,852 3,714 Total stockholders' equity 480 468 Total liabilities and stockholders' equity
$ 4,332
$ 4,182 The Company's
outstanding debt was as follows: Weighted AverageInterest Rate (a) As ofJune 30, 2026 As ofDecember 31, 2025 $1.0
billion revolving credit facility (due October 2030) 5.0 %
$ 27
$ 224 $1.5
billion term loan B (due May 2030) 5.4 % 1,495 1,502 $650 million 5.625% senior unsecured notes (due March 2033)
5.6 % 641 — $500 million 4.375% senior unsecured notes (due August 2028) 4.4 % 498 497 $400 million term
loan A (due April 2027) — 337 Other debt (b) 2.2 % 14 — Total debt 5.2 % 2,675 2,560 Cash and cash
equivalents 69 64 Net debt
$ 2,606
$ 2,496 Net debt leverage
ratio 3.5x 3.5x (a) Represents weighted average interest rates for the second quarter 2026, including the effects of
hedging. (b) Represents mortgages associated with the two hotels that the Company foreclosed on and took ownership of as
part of Revo's ongoing insolvency. The Company's outstanding debt as of June 30, 2026 matures as follows: Amount Within
1 year
$ 23
Between 1 and 2 years 21 Between 2 and 3 years 513 Between 3 and 4 years 16 Between 4 and 5 years 1,461 Thereafter 641
Total
$ 2,675
Table 5 WYNDHAM HOTELS & RESORTS REVENUE DRIVERS Six Months Ended June 30, 2026 2025 Change % Change Beginning Room
Count (January 1) United States 505,100 501,800 3,300 1 % International 363,800 333,900 29,900 9 Global 868,900
835,700 33,200 4 Additions United States 14,900 13,800 1,100 8 International 16,800 16,700 100 1 Global 31,700 30,500
1,200 4 Deletions United States (18,900) (12,300) (6,600) (54) International (a) (8,300) (7,200) (1,100) (15) Global (a)
(27,200) (19,500) (7,700) (39) Ending Room Count (June 30) United States 501,100 503,300 (2,200) — International
372,300 343,400 28,900 8 Global 873,400 846,700 26,700 3 Global ex. Revo 853,600 824,200 29,400 4 % As of June 30,
FY 2025 Royalty Contribution 2026 2025 Change % Change System Size United States Economy 216,600 224,200 (7,600)
(3 %) Midscale and Above 284,500 279,100 5,400 2 Total United States 501,100 503,300 (2,200) — % 77 %
International Greater China 138,600 122,500 16,100 13 % 4 Rest of Asia Pacific 45,200 41,200 4,000 10 2 Europe, the
Middle East and Africa 99,200 94,900 4,300 5 8 Canada 38,800 39,800 (1,000) (3) 6 Latin America 50,500 45,000 5,500 12 3
Total International 372,300 343,400 28,900 8 % 23 Global 873,400 846,700 26,700 3 % 100 % Global ex. Revo
853,600 824,200 29,400 4 % NOTE: Global, International and Greater China rooms exclude all rooms associated with
the Company's Super 8 master licensee in China in both periods. (a) Includes deletions of approximately 2,300 and 700
Revo-related rooms during six months ended June 30, 2026 and 2025, respectively. Table 5 (continued) WYNDHAM HOTELS
& RESORTS REVENUE DRIVERS Three Months Ended June 30, 2026 Constant Currency % Change (b) Regional RevPAR
Growth United States Economy
$ 43.48 1 % Midscale
and Upper Midscale 62.36 3 Upscale and Above 91.85 (5) Total United States
$ 54.50 2 % International
Greater China (a) $ 16.43
(5 %) Rest of Asia Pacific 28.78 5 Europe, the Middle East and Africa 57.19 (6) Canada 61.49 2 Latin America 50.99
(7) Total International (a)
$ 37.31 (6 %) Global (a)
$ 47.01 (1 %) Three Months
Ended June 30, 2026 2025 % Change (c) Average Royalty Rate United States 4.8 % 4.7 % 2 bps International (a)
2.4 % 2.6 % (24 bps) Global (a) 4.0 % 4.0 % (7 bps) Six Months Ended June 30, 2026 Constant Currency
% Change (b) Regional RevPAR Growth United States Economy
$ 38.23 — %
Midscale and Upper Midscale 55.40 2 Upscale and Above 86.16 (3) Total United States
$ 48.39 1 % International
Greater China (a) $ 16.14
(5 %) Rest of Asia Pacific 32.48 5 Europe, the Middle East and Africa 50.80 (4) Canada 53.14 4 Latin America 54.18
(6) Total International (a)
$ 35.51 (4 %) Global (a)
$ 42.79 (1 %) Six Months
Ended June 30, 2026 2025 % Change (c) Average Royalty Rate United States 4.8 % 4.7 % 1 bp International (a)
2.4 % 2.6 % (22 bps) Global (a) 3.9 % 4.0 % (10 bps) (a) Excludes the impact from all rooms
associated with the Company's Super 8 master licensee in China. Additionally, reflects the impact of the Company's
deferral of revenues from Revo, which unfavorably impacted the Company's second quarter international and global average
royalty rates by 37 bps and 10 bps, respectively, and year-to-date international and global average royalty rates by 39
bps and 13 bps, respectively. (b) International and global exclude the impact of currency exchange movements. (c)
Amounts may not recalculate due to rounding. Table 6WYNDHAM HOTELS & RESORTSHISTORICAL REVPAR, ROYALTY RATE AND
ROOMS First Quarter Second Quarter Third Quarter FourthQuarter FullYear Total System Global RevPAR 2026
$ 38.53 $ 47.01 n/a n/a n/a 2025
$ 38.44 $ 47.55
$ 50.05 $ 40.36
$ 44.12 U.S. RevPAR 2026 $ 42.25
$ 54.50 n/a n/a n/a 2025 $ 42.37
$ 53.32 $ 55.07
$ 42.91 $ 48.44 International RevPAR 2026
$ 33.69 $ 37.31 n/a n/a n/a 2025
$ 32.81 $ 39.45
$ 43.11 $ 36.96
$ 38.13 Global Royalty Rate 2026 3.9 % 4.0 % n/a n/a n/a 2025
4.0 % 4.0 % 4.0 % 3.8 % 4.0 % U.S. Royalty Rate 2026 4.8 % 4.8 % n/a n/a n/a
2025 4.8 % 4.7 % 4.8 % 4.7 % 4.8 % International Royalty Rate 2026 2.4 % 2.4 % n/a
n/a n/a 2025 2.6 % 2.6 % 2.6 % 2.3 % 2.5 % Global Rooms (a) 2026 869,300 873,400 n/a
n/a n/a 2025 839,900 846,700 855,400 868,900 868,900 U.S. Rooms 2026 500,700 501,100 n/a n/a n/a 2025
502,600 503,300 503,400 505,100 505,100 International Rooms 2026 368,600 372,300 n/a n/a n/a 2025 337,300
343,400 352,000 363,800 363,800 NOTE: Data excludes the impact from all rooms associated with the Company's Super 8
master licensee in China in all periods. (a) The following table represents global rooms excluding Revo: First Quarter
Second Quarter Third Quarter FourthQuarter Full Year Global Rooms ex. Revo 2026 848,000 853,600 n/a n/a n/a 2025 817,400
824,200 833,200 846,800 846,800 Table 7 WYNDHAM HOTELS & RESORTS NON-GAAP RECONCILIATIONS (In millions) 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. The Company believes that adjusted EBITDA, adjusted net income and adjusted
diluted EPS financial measures provide useful information to investors about the Company and its financial condition and
results of operations because these measures are used by its management team to evaluate its 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 its
industry. These measures also assist the Company's investors in evaluating its ongoing operating performance for the
current reporting period and, where provided, over different reporting periods, by adjusting for certain items which may
be recurring or non-recurring and which in the Company's view do not necessarily reflect ongoing performance. The
Company also internally uses these measures to assess its operating performance, both absolutely and in comparison to
other companies, 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, nor superior to, 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/(Loss) to Adjusted
EBITDA: First Quarter Second Quarter Third Quarter Fourth Quarter Full Year 2026 Net income
$ 61 $ 102 Provision for income
taxes 19 36 Depreciation and amortization 16 15 Interest expense, net 34 36 Stock-based compensation 9 8 Development
advance notes amortization 8 9 Restructuring and other-related (a) 5 5 Revo-related (b) 2 1 Transaction-related (c) 3
— Separation-related (d) (1) — Adjusted EBITDA $ 156
$ 212 2025 Net income/(loss)
$ 61 $ 87
$ 105 $ (60)
$ 193 Provision/(benefit) for income taxes 18 29 37 (12) 70 Depreciation and
amortization 15 15 15 16 62 Interest expense, net 33 34 36 36 139 Stock-based compensation 9 8 8 14 41 Development
advance notes amortization 7 8 8 9 32 Impairment (e) — — — 86 86 Revo-related (b) — — — 74 74 Restructuring
and other-related (a) — 13 2 2 18 Transaction-related (c) 1 1 1 — 2 Separation-related (d) 1 — — — 1 Foreign
currency impact of highly inflationary countries (f) — — 1 — — Adjusted EBITDA
$ 145 $ 195
$ 213 $ 165
$ 718 NOTE: Amounts may not add due to rounding. (a) 2026 amounts primarily
consist of employee-related costs in connection with a restructuring plan. 2025 amounts primarily consist of
employee-related costs and real estate costs related to a call center closure in connection with a restructuring
plan. (b) 2026 amounts consist of professional fees associated with Revo's ongoing insolvency, which is reflected
in general and administrative expenses on the Condensed Consolidated Statements of Income. 2025 amount represents a
provision for accounts and loans receivable from Revo, which is reflected in operating expenses on the Condensed
Consolidated Statements of Income. (c) Represents costs related to corporate transactions, including the Company's
defense of an unsuccessful hostile takeover attempt and the Company's issuance of 5.625% senior unsecured notes. (d)
Represents (income)/costs associated with the Company's spin-off from Wyndham Worldwide. (e) Represents an impairment of
development advance notes and intangible assets related to Revo. (f) Relates to the foreign currency impact from
hyper-inflation, primarily in Argentina, which is reflected in operating expenses on the Condensed Consolidated
Statements of Income. Table 7 (continued) WYNDHAM HOTELS & RESORTS NON-GAAP RECONCILIATIONS (In millions, except per
share data) Reconciliation of Net Income and Diluted EPS to Adjusted Net Income and Adjusted Diluted EPS: Three Months
Ended June 30, Six Months Ended June 30, 2026 2025 2026 2025 Diluted EPS
$ 1.36
$ 1.13
$ 2.16
$ 1.90 Net income
$ 102
$ 87
$ 163
$ 149 Adjustments: Acquisition-related amortization (a)
6 7 13 14 Restructuring and other-related 5 13 10 13 Transaction-related — 1 3 1 Revo-related 1 — 3 —
Separation-related — — (1) — Foreign currency impact of highly inflationary countries — — — 1 Total
adjustments before tax 12 21 28 29 Income tax provision (b) 3 5 7 7 Total adjustments after tax 9 16 21 22 Adjusted net
income $ 111
$ 103
$ 184
$ 171 Adjustments - EPS impact 0.12 0.20 0.28 0.29
Adjusted diluted EPS $ 1.48
$ 1.33
$ 2.44
$ 2.19 Diluted weighted average shares outstanding 75.2 77.4
75.5 78.0 (a) Reflected in depreciation and amortization on the Condensed Consolidated Statements of Income. (b)
Reflects the estimated tax effects of the adjustments. Table 8 WYNDHAM HOTELS & RESORTS 2026 OUTLOOK As of
July 22, 2026 (In millions, except per share data) 2026 Net revenues $ 1,475 – 1,495 Adjusted EBITDA (a) 735 –
745 Depreciation and amortization expense (b) 36 – 38 Development advance notes amortization expense 35 – 37
Stock-based compensation expense 41 – 43 Interest expense, net 144 – 146 Adjusted income before income taxes 473 –
487 Income tax expense (c) 118 – 122 Adjusted net income $ 355 – 365 Adjusted diluted EPS $ 4.71 – 4.83 Diluted
shares (d) 75.4 Capital expenditures $40 – 45 Development advance notes Approx. $110 Free cash flow conversion rate
~55 - 60% Year-over-Year Growth Global RevPAR (e) 0.0% – 1.0% Number of rooms (f) 4.0% – 4.5% (a) Includes the
effects of the deferral of $12 million of royalties and franchise fees from Revo and the inclusion of $15 million of
previously disclosed one-time variable cost reductions made in 2025; excluding which comparable basis growth rates would
be 5% - 7%. (b) Excludes amortization of acquisition-related intangible assets of approximately $25 million. (c) Outlook
assumes an effective tax rate of approximately 25%. (d) Excludes the impact of any share repurchases after June 30,
2026. (e) Represents constant currency basis; on a reported basis, which includes foreign currency impacts, would be
0.0% - 1.0%. The Company's prior outlook for second half domestic RevPAR of 0% has been increased to ~2% in the
Company's updated outlook. (f) Excludes any potential room termination impact associated with Revo's ongoing
insolvency. To assist with modeling, each 1% change in RevPAR equates to an approximate $10 million impact to net
revenues and $4 million to adjusted EBITDA. If a significant pullback in demand were to materialize beyond the Company's
current assumptions, actual results could fall below these estimates. In determining adjusted EBITDA, interest expense,
net, adjusted income before income taxes, adjusted net income, adjusted diluted EPS and free cash flow conversion rate,
the Company excludes certain items which are otherwise included in determining the comparable GAAP financial measures.
The Company is providing these measures on a non-GAAP basis only because, without unreasonable efforts, it is 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. Based on past reported results, where one or more of these items have been applicable, such excluded
items could be material, individually or in the aggregate, to the reported results. Table 9WYNDHAM HOTELS &
RESORTSDEFINITIONS Adjusted Net Income and Adjusted Diluted EPS: Represents net income and diluted earnings per share
("EPS") excluding acquisition-related amortization, impairment and other-related charges (including Revo-related
charges), significant accelerated depreciation, restructuring and other-related charges, contract termination costs,
separation-related items, transaction-related items (acquisition-, disposition-, or debt-related), (gain)/loss on asset
sales, 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, depreciation and amortization, early extinguishment of
debt charges, impairment and other-related charges (including Revo-related charges), restructuring and other-related
charges, contract termination costs, separation-related items, transaction-related items (acquisition-, disposition-, or
debt-related), (gain)/loss on asset sales, foreign currency impacts of highly inflationary countries, stock-based
compensation expense, 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. GAAP. In addition, 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 separation-related items. 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 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., hedges, balance sheet remeasurements and/or adjustments). FeePAR: Represents annual royalties per
franchised 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, less capital expenditures. 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, debt service and other obligations. 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), debt reduction,
dividends or share repurchases. 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.
Accordingly, 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, in the long-term, the Company's
marketing funds are expected to break even. Net Debt Leverage Ratio: Calculated by dividing total debt less cash and
cash equivalents by trailing twelve months adjusted EBITDA. RevPAR: Represents revenue per available franchised or
managed/owned Room and is calculated by multiplying average occupancy rate by ADR. Rooms: Represents the number of rooms
at the end of the period which are (i) either under franchise and/or management agreements, excluding all rooms
associated with the Company's Super 8 master licensee in China, (ii) Company-owned, and (iii) properties under
affiliation agreements for which the Company receives a fee for reservation and/or other services provided. Royalty
Rate: Represents the average royalty rate earned on the Company's franchised Rooms and is calculated by dividing total
royalties, excluding the impact of amortization of development advance notes, by total room revenues. SOURCE Wyndham
Hotels & Resorts 21% more press release views with Request a Demo × Modal title Also from this source
WYNDHAM HOTELS & RESORTS TO REPORT SECOND QUARTER 2026 EARNINGS ON JULY 22, 2026 Wyndham Hotels & Resorts (NYSE:
WH) announced today that it will report second quarter 2026 results on Wednesday, July 22, 2026 at approximately 4:30
... WYNDHAM HOTELS & RESORTS DECLARES QUARTERLY CASH DIVIDEND Wyndham Hotels & Resorts, Inc. (NYSE: WH)
announced today its Board of Directors declared a quarterly cash dividend of $0.43 per share on its common... More
Releases From This Source Explore Hotels and Resorts Travel Earnings Earnings News Releases in Similar Topics Contact PR
Newswire Call PR Newswire at 888-776-0942 from 8 AM - 9 PM ET Chat with an Expert Contact Us General Inquiries Editorial
Bureaus Partnerships Media Inquiries Worldwide Offices Products For Marketers For Public Relations For IR &
Compliance For Agency All Products About About PR Newswire About Cision Become a Publishing Partner Become a Channel
Partner Careers Accessibility Statement Global Sites APAC APAC - Simplified Chinese APAC - Traditional Chinese Brazil
Canada Czech Denmark Finland France Germany India Indonesia Israel Italy Japan Korea Mexico Middle East Middle East -
Arabic Netherlands Norway Poland Portugal Russia Slovakia Spain Sweden United Kingdom Vietnam My Services All New
Releases Platform Login ProfNet Data Privacy Do not sell or share my personal information: Submit via
[email protected] Call Privacy toll-free: 877-297-8921 Contact PR Newswire Products About My Services All News
Releases Platform Login ProfNet Call PR Newswire at 888-776-0942 Terms of Use Privacy Policy Information Security Policy
Site Map RSS Cookies Copyright © 2026 Cision US Inc.