Wyndham Hotels & Resorts Reports Second Quarter 2020 Results

Wyndham Hotels & Resorts | July 29, 2020

PARSIPPANY, N.J., July 28, 2020 - Wyndham Hotels & Resorts (NYSE: WH) today announced results for the three months ended June 30, 2020. Highlights include:   Diluted loss per share was $1.86, and adjusted diluted earnings per share was $0.10. Net loss was $174 million for the second quarter and adjusted net income was $9 million. Adjusted EBITDA was $63 million. System-wide rooms remained flat year-over-year. Global comparable RevPAR declined 54% year-over-year. Paid quarterly cash dividend of $0.08 per share. "We generated positive adjusted EBITDA in the second quarter, driven by our drive-to and le...