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Wyndham Hotels & Resorts

Logo: Wyndham Hotels & Resorts, Public domain, via Wikimedia Commons5

American hotel chain and management company

Wyndham Hotels & Resorts, Inc., is an American hospitality company based in Parsippany, New Jersey. It describes itself as the largest hotel franchisor in the world, with 9,100 locations.3 From Wikipedia, CC BY-SA 4.0

$75.43 up 2.84 (3.91%)Price as of Oct 15, 2026 at 17:33 UTC

Last updated Oct 18, 2026.

Overview

Jun 1, 2018Founded1

Compare with Atour Lifestyle Holdings Ltd, Choice Hotels or Xenia Hotels and Resorts, or pick any stock.

  • TickerWH on NYSE1
  • Industryhospitality industry1
  • HeadquartersParsippany-Troy Hills1
  • Founded inDallas1
  • Websitewww.wyndhamhotels.com
  • Legal formDelaware corporation1
  • Incorporated inDE6
  • Business address22 Sylvan Way, Parsippany, Nj 070546
  • Filer categoryLarge accelerated filer6

Wyndham Hotels & Resorts, Inc., is an American hospitality company based in Parsippany, New Jersey. It describes itself as the largest hotel franchisor in the world, with 9,100 locations.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

28.1%Operating margin8
13.5%Net margin8
1.8%Revenue growth, 20258
41.2%Return on equity8
$321.0MFree cash flow8

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Royalties and Franchise Fees brought in 37% of the revenue Wyndham Hotels & Resorts broke down this way in fiscal 2025.

  1. Royalties and Franchise Fees$541.0M837%down 3% from 2024
  2. Marketing And Reservation Fees$471.0M832%up 1% from 2024
  3. License and Other Fee From Former Parent$126.0M89%up 6% from 2024
  4. Partnership fees$96.0M87%up 39% from 2024
  5. Other Products and Services Excluding Partnership Fees$95.0M87%up 8% from 2024
  6. Loyalty Program$91.0M86%down 5% from 2024
  7. Initial Franchise Fees$22.0M82%up 0% from 2024
  8. Hotel Management Services$9.0M81%down 10% from 2024
Products and services by year
Products and services202320242025
Royalties and Franchise Fees$532.0M$555.0M$541.0M
Marketing And Reservation Fees$487.0M$467.0M$471.0M
License and Other Fee From Former Parent$112.0M$119.0M$126.0M
Partnership fees$65.0M$69.0M$96.0M
Other Products and Services Excluding Partnership Fees$83.0M$88.0M$95.0M
Loyalty Program$91.0M$96.0M$91.0M
Initial Franchise Fees$16.0M$22.0M$22.0M
Hotel Management Services$14.0M$10.0M$9.0M

Regions

United States brought in 79% of the revenue Wyndham Hotels & Resorts broke down this way in fiscal 2025.

  1. United States$1.1B879%up 1% from 2024
  2. Outside the United States$295.0M821%up 4% from 2024
Regions by year
Regions202320242025
United States$1.1B$1.1B$1.1B
Outside the United States$255.0M$283.0M$295.0M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Other costs72¢$1.0B
  • Interest10¢$139.0M
  • Income tax5¢$70.0M
  • Profit14¢$193.0M

Out of $1.4B in revenue.8

Where each dollar of operating cash went, fiscal 2025

  • Capital spending10¢$46.0M
  • Dividends paid29¢$127.0M
  • Share buybacks61¢$266.0M

Out of $367.0M of cash from operations. Spending exceeded cash from operations; the rest came from savings or borrowing.8

Financial statements

Revenue91011128$1.4B in 2025−0% since 2019
0$500.0M$1.0B$1.5B2019: $1.4B$1.4B20192020: $950.0M$950.0M2020−34%2021: $1.2B$1.2B2021+31%2022: $1.4B$1.4B2022+9%2023: $1.4B$1.4B2023+2%2024: $1.4B$1.4B2024+1%2025: $1.4B$1.4B2025+2%
Operating income91011128$402.0M in 2025+31% since 2019
-$200.0M0$200.0M$400.0M$600.0M2019: $307.0M$307.0M20192020: -$46.0M-$46.0M20202021: $446.0M$446.0M20212022: $558.0M$558.0M2022+25%2023: $503.0M$503.0M2023−10%2024: $495.0M$495.0M2024−2%2025: $402.0M$402.0M2025−19%
Net income91011128$193.0M in 2025+23% since 2019
-$200.0M0$200.0M$400.0M2019: $157.0M$157.0M20192020: -$132.0M-$132.0M20202021: $244.0M$244.0M20212022: $355.0M$355.0M2022+45%2023: $289.0M$289.0M2023−19%2024: $289.0M$289.0M2024+0%2025: $193.0M$193.0M2025−33%

Every line of the income statement in the latest annual report, as filed.8

Period ending2025-12-312024-12-312023-12-31
Fee-related and other revenues$1.4B$1.4B$1.4B
Net revenues$1.4B$1.4B$1.4B
Operating$168.0M$81.0M$94.0M
General and administrative$125.0M$130.0M$130.0M
Depreciation and amortization$62.0M$71.0M$76.0M
Separation-related$1.0M-$11.0M$1.0M
Impairment$86.0M$12.0M$0
Transaction-related, net$2.0M$47.0M$11.0M
Total expenses$1.0B$913.0M$894.0M
Operating income$402.0M$495.0M$503.0M
Interest expense, net$139.0M$124.0M$102.0M
Early extinguishment of debt$0$3.0M$3.0M
Income before income taxes$263.0M$368.0M$398.0M
Provision for income taxes$70.0M$79.0M$109.0M
Net income$193.0M$289.0M$289.0M
Basic (in usd per share)$2.51$3.64$3.43
Diluted (in usd per share)$2.50$3.61$3.41
Costs Recognized$18.0M$15.0M$0

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The story

Founded by Trammell Crow on Jun 1, 2018, in Dallas.1

Early history

The Wyndham hotel brand was created in 1981 in Dallas, Texas, by Trammell Crow, the president of Trammell Crow Company. Business journalist Wyndham Robertson, who wrote a profile of Crow for Fortune magazine in the early 1970s, claimed that the hotel chain was named for her, saying, "He loved my name. I never got him to admit that he named [the hotels] for me in public but he did in private." As the chain grew, it was acquired in 1998 by Patriot American Hospitality, later named Wyndham International.

Blackstone Group bought Wyndham International in 2005, and later that year sold the Wyndham hotel brand to Cendant. Cendant's predecessor was Hospitality Franchise Systems (HFS), founded in 1990 as a vehicle to acquire hotel franchises. By 1995, it had acquired the Days Inn, Howard Johnson, Ramada, and Super 8 brands. HFS then expanded into other businesses, and, in 1997, merged with CUC International to form Cendant Corporation.

Wyndham Hotel Group (2006–2018)

In 2006, as part of a plan to break Cendant up into four separate companies, its hotel and timeshare businesses were spun off as Wyndham Worldwide. As a division of Wyndham Worldwide, Wyndham Hotel Group was composed of more than 9,000 hotels under 21 brands, located in over 75 countries, competing in brand markets ranging from economy to upscale. It had more than 40,000 employees around the world. Lodging management services were provided to upscale properties through Wyndham Hotel Management.

In 2008, Wyndham purchased U.S. Franchise Systems, owner of the Microtel and Hawthorn Suites brands, from Global Hyatt Corporation for $150 million. Wyndham bought the Wisconsin-based Exel Inn chain in 2008 and converted all 22 of its properties to Wyndham brands. As of 2008, Wyndham Destinations' franchisees have formed an independent association called Owners 8 Association to present their concerns and grievances to Wyndham Destinations. The association has argued that individual franchisees have currently limited role in Wyndham's decision making. Wyndham Hotel Group's Former CEO Eric A. Danziger, in an interview in 2009 with Asian Indian Hotel Owners magazine, emphasized that Wyndham maintains cordial relationships with franchisees. He also stated that each of Wyndham's brands maintains an advisory board of individual property owners.

In 2010, Wyndham acquired the TRYP hotel brand from Sol Meliá Hotels & Resorts of Spain. The brand, subsequently renamed Tryp by Wyndham, was positioned as a "select-service, midmarket" brand representing approximately 13,000 rooms and caters to business and leisure travelers in cosmopolitan cities including Madrid, Barcelona, Paris, Lisbon, New York, Frankfurt, Montevideo, Buenos Aires, São Paulo, Istanbul, etc.

The Federal Trade Commission (FTC) filed suit against Wyndham in June 2012 following a security breach that led to the theft of payment card data for hundreds of thousands of Wyndham customers. Wyndham decided to fight the lawsuit in court, unlike many companies, which often try to settle FTC data-security enforcement actions quickly. In April 2014, United States District Court for the District of New Jersey Judge Esther Salas denied Wyndham's motion to dismiss, in a much-anticipated decision to this case.

In late 2016, Wyndham acquired Latin America's Fën Hotels, adding 26 management contracts across Argentina, Peru, Costa Rica, Uruguay, Paraguay, Bolivia, and the U.S., including two new Fën-built Wyndham Grand hotels in Uruguay and Paraguay. With the addition of Fën Hotels' Esplendor Boutique Hotel and Dazzler Hotel brands, Wyndham Hotel Group's portfolio of distinct brands grew to 18.

In the summer of 2017, Wyndham announced plans to acquire the Minnesota-based AmericInn hotel brand and its management company, Three Rivers Hospitality, from Northcott Hospitality for $170 million. AmericInn's portfolio consisted of 200 primarily franchised hotels with approximately 11,600 rooms in 22 states, predominately in the Midwestern U.S., Ohio Valley, and Mountain states. In August 2017, Wyndham announced plans to spin off Wyndham Hotel Group to shareholders as a separate publicly traded company. In October 2017, Wyndham launched its first soft brand product, the Trademark Hotel Collection, a collection of more than 50 upper-midscale-and-above hotels in Europe and the U.S.

Read the full text

In April 2018, the company began rebranding most of its brands to include the Wyndham name, such as "Days Inn by Wyndham", "Ramada by Wyndham", and "Super 8 by Wyndham". On May 30, 2018, Wyndham purchased the La Quinta hotel brand (franchised to 900 hotels with over 89,000 rooms) and its associated management business, for $1.95 billion in cash.

Wyndham Hotels & Resorts since 2018

The spin-off of Wyndham's hotel business occurred on May 31, 2018, creating Wyndham Hotels & Resorts. In June 2024, the hotel chain has more than 9,200 hotels in over 95 countries, represented by 24 brands.

In October 2023, Choice Hotels announced a proposal to purchase all outstanding shares of Wyndham for $90 per share. That offer came after Wyndham declined a direct acquisition bid from Choice.

In 2024, Wyndham announced a partnership with WaterWalk, rebranding them to WaterWalk Extended Stay by Wyndham, adding 11 more hotels and 1500 more rooms.

In June 2026, a fatal fire at the Viva Wyndham Dominicus Beach Hotel in Bayahíbe, Dominican Republic, forced the evacuation of nearly 1,700 guests and left several injured. Francesca Valentino, an Italian tourist died during the incident.

From Wikipedia’s article on Wyndham Hotels & Resorts, shared under CC BY-SA 4.0.7

Leadership

Who has led Wyndham Hotels & Resorts, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (20)

Products and brands

  • franchising
  • hotel

Listed on Wikidata.1

As of 2024, Wyndham Hotels & Resorts includes 25 brands:

AmericInn by Wyndham

Baymont by Wyndham

Days Inn by Wyndham

Read the full text

Dazzler by Wyndham

Dolce Hotels and Resorts by Wyndham

Echo Suites Extended Stay by Wyndham

Esplendor Boutique Hotels

Hawthorn Extended Stay

Howard Johnson by Wyndham

La Quinta by Wyndham

Microtel by Wyndham

Ramada by Wyndham

Ramada Encore by Wyndham

Registry Collection Hotels

Super 8 by Wyndham

Trademark Collection by Wyndham

Travelodge

TRYP by Wyndham

Vienna House by Wyndham

Waterwalk by Wyndham

Wingate by Wyndham

Wyndham

Wyndham Alltra

Wyndham Garden

Wyndham Grand

From Wikipedia’s article on Wyndham Hotels & Resorts, shared under CC BY-SA 4.0.7

Subsidiaries and ownership

Subsidiaries

Also owns

From Wikidata.1

Acquisitions

  1. 2018Acquired TRYP by Wyndham1

Timeline

  1. Dec 4, 2018New chief executive Geoffrey A. Ballotti becomes CEO16
  2. Jun 1, 2018Founded Founded in Dallas1

Recent filings

  1. Aug 19, 20264
  2. Aug 17, 2026144
  3. Aug 14, 20264
  4. Aug 5, 20263
  5. Jul 28, 20264
  6. Jul 28, 20264
  7. Jul 28, 20264
  8. Jul 28, 20264
  9. Jul 28, 20264
  10. Jul 28, 20264
  11. Jul 28, 20264
  12. Jul 28, 20264
  13. Jul 23, 202610-Q
  14. Jul 22, 20268-K
  15. Jul 20, 2026144/A

Every filing from the last three years, summarized. The full record is on SEC EDGAR.2

Sources

The numbers on this page point here. Each one links to the record it came from.

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