Wyndham Hotels initiated with an Overweight at JPMorgan

JPMorgan initiated coverage of Wyndham Hotels (WH) with an Overweight rating and $101 price target “In the current lodging environment, the only certainty is uncertainty,” the analyst tells investors in a research note. As a result, the firm prefers lodging companies that offer “durable growth drivers” and “superior earnings visibility” via group exposure. In the second half of 2025, U.S. GDP growth is expected to slow, which will likely coincide with a further deceleration in U.S. RevPAR growth, the analyst tells investors in a research note. JPMorgan’s top picks in the sector are Hilton (HLT) and Ryman Hospitality (RHP).