corporate earning
Wyndham Hotels & Resorts Reports Third Quarter 2023 Results
Wyndham Hotels & Resorts | October 27, 2023
Company Raises Full-Year 2023 EPS Outlook Grows Development Pipeline by Another 12% PARSIPPANY, N.J., Oct. 27, 2023 -- Wyndham Hotels & Resorts (NYSE: WH) today announced results for the three months ended September 30, 2023. Highlights include: Global RevPAR grew 3% compared to third quarter 2022 in constant currency. System-wide rooms grew 3% year-over-year. Development pipeline grew 4% sequentially and 12% year-over-year to a record 237,000 rooms. Signed over 230 contracts, an increase of 8% year-over-year, including 60 new construction projects for ECHO Suites Extended Stay by Wyndham. Returned $134 million to sh...