Wyndham Hotels & Resorts (WH)
NYSE:WH
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Earnings Data
Report Date
Jul 29, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
1.39Last Year’s EPS
1.33Same Quarter Last Year
Strong Buy
Based on 10 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call highlights a broadly positive operational and strategic picture: accelerating domestic RevPAR recovery, record development pipeline and system growth, strong ancillary and loyalty metrics, meaningful AI/technology progress with tangible owner economics, healthy liquidity and active capital returns. Offsetting items include modest near-term margin/earnings pressure (adjusted EBITDA and EPS declines), regional RevPAR volatility (notably China, Mexico and the Middle East), Revo-related uncertainty and higher interest expense. On balance, the positive momentum across U.S. performance, development and AI-driven owner economics materially outweigh the identified lowlights.Company Guidance
Material RevPAR Recovery and Domestic Outperformance
Global RevPAR improved 450 basis points sequentially from Q4. U.S. RevPAR (excluding prior-year hurricane impact) improved over 600 basis points to essentially flat, ahead of the company's prior down 2% to down 3% expectation; February and March each showed +1% growth and April month-to-date remained consistent with that pace. The three largest U.S. states (Texas, California, Florida) improved 800 basis points sequentially (from down 11% in Q4 to down 3% in Q1).
Strong Development Momentum and Record Pipeline
Net room growth of ~4% for the system; global pipeline grew for the 23rd consecutive quarter to a record >259,000 rooms (over 2,200 hotels). U.S. pipeline increased to a record ~110,000 rooms; domestic new contracts awarded rose 8%. Company notes rooms entering the system carry a ~30% PPAR premium, with historical entry PPAR ~40% above system average.
Ancillary Revenue and Loyalty Program Strength
Ancillary revenues increased 21% in the quarter (driven largely by the renewed co-branded credit card). Wyndham Rewards occupancy contribution rose 120 basis points to a record 54% domestically; global membership enrollments increased ~10% YoY to 124 million members and aggregate length of stay grew 6%.
Technology and AI Investment Delivering Owner Economics
Over $450 million invested in technology/AI. More than 1,100 hotels live on Wyndham Connect+ AI voice agents and nearly 5,000 franchisees on Wyndham Connect; the company cites ~300 basis points of incremental direct contribution for hotels using the voice agents, handle times improved ~25%, and an uptick of ~400 basis points in guest satisfaction. Management highlighted real-world owner economics including incremental ancillary revenue examples (e.g., ~$120k incremental for engaged economy hotels, ~$150k for engaged mid-scale hotels, and up to multihundred-thousand to multi-million opportunities in higher-end/full-service examples).
Solid Financial Results and Capital Returns
Generated $64 million of free cash flow in Q1 and returned $85 million to shareholders ($51M share repurchases, $34M dividends). Net revenues were $327 million (up ~3% YoY) and adjusted EBITDA was $156 million. The company ended the quarter with ~ $1.1 billion of total liquidity and a net leverage ratio of 3.5x (midpoint of target range).
Affirmed/Improved 2026 Outlook
Raised global RevPAR outlook to a range of -1% to +1% and reaffirmed full-year global net room growth guidance of 4%–4.5% (excluding potential Revo termination impacts). Net revenues are now expected to be $1.47B–$1.50B; adjusted EBITDA guidance remains $730M–$745M; adjusted diluted EPS guidance remains $4.62–$4.80 (adjusted net income range updated to $351M–$365M to reflect higher interest expense).
International Development Expansion
International net rooms increased 9% in Q1. Regional net room growth: EMEA +7%, Latin America & Caribbean +12%, Southeast Asia & Pacific +11%, Mainland China +13% (double-digit net room growth for direct franchising). These additions help drive higher royalty rates and development-driven revenue mix improvements.
WH Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
WH Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 29, 2026 | $84.09 | $81.38 | -3.22% |
Feb 18, 2026 | $79.80 | $84.25 | +5.57% |
Oct 22, 2025 | $79.53 | $75.18 | -5.46% |
Jul 23, 2025 | $84.80 | $87.44 | +3.12% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Wyndham Hotels & Resorts (WH) report earnings?
Wyndham Hotels & Resorts (WH) is schdueled to report earning on Jul 29, 2026, Before Open (Confirmed).
What is Wyndham Hotels & Resorts (WH) earnings time?
Wyndham Hotels & Resorts (WH) earnings time is at Jul 29, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is WH EPS forecast?
WH EPS forecast for the fiscal quarter 2026 (Q2) is 1.39.