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Wyndham Hotels Reports Strong 2024 Financial Results

Story Highlights
  • Wyndham Hotels & Resorts achieved significant growth in RevPAR and system-wide rooms.
  • The company increased its quarterly dividend and returned $430 million to shareholders.
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Wyndham Hotels Reports Strong 2024 Financial Results

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An announcement from Wyndham Hotels & Resorts ( (WH) ) is now available.

Wyndham Hotels & Resorts reported strong financial results for the fourth quarter and full-year 2024, with significant growth in global and U.S. RevPAR, system-wide rooms, and development pipeline. The company achieved record-high openings and retention rates, increased its quarterly dividend by 8%, and returned $430 million to shareholders, highlighting promising future growth and sustained value creation for stakeholders.

More about Wyndham Hotels & Resorts

Wyndham Hotels & Resorts is a leading hospitality company in the hotel and resort industry, offering a diverse portfolio of hotels across various segments including midscale and above. The company focuses on expanding its global presence and increasing its room capacity with a strong emphasis on asset-light and resilient business models.

YTD Price Performance: 7.67%

Average Trading Volume: 705,140

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $8.37B

Learn more about WH stock on TipRanks’ Stock Analysis page.

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