Wyndham Hotels & Resorts Inc
Company Profile
Business description
As of Dec. 31, 2023, Wyndham Hotels & Resorts operates 872,000 rooms across more than 20 brands predominantly in the economy and midscale segments. Super 8 is the largest brand, representing around 19% of all rooms, with Days Inn (13%) and Ramada (14%) the next two largest brands. During the past several years, the company has expanded its extended stay/lifestyle brands, which appeal to travelers seeking to experience the local culture of a given location. The company closed its La Quinta acquisition in the second quarter of 2018, adding around 90,000 rooms at the time the deal closed. Wyndham launched a new extended stay economy scale segment concept, ECHO, in the spring of 2022. The United States represents 57% of total rooms.
Contact
22 Sylvan Way
ParsippanyNJ07054
USAT: +1 973 753-6000
Sector
Consumer Cyclical
Stock type
Cyclical
Industry
Lodging
Fiscal Year End
31 December 2024
Employees
2,300
Morningstar Investment Ideas
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