Wyndham Hotels reports Q1 adjusted EPS 86c, consensus 81c

Reports Q1 revenue $316M, consensus $317.58M. Reports global RevPAR up 2% in constant currency. “We delivered a solid start to the year with strong system growth, record first-quarter openings and continued expansion across every region,” said Geoff Ballotti, president and chief executive officer. “While the macro environment remains uncertain, we’re staying focused on what we can control – investing in high-quality growth, executing with discipline and supporting our franchisees. Our asset-light, franchise-only business model has consistently outperformed during economic downturns and positions us well to deliver long-term value for our shareholders through all phases of any economic cycle.”