PARSIPPANY, New Jersey—Wyndham Hotels & Resorts introduced its third-quarter 2025 outcomes. Highlights embrace:
- System-wide rooms grew 4 p.c year-over-year.
- Awarded 204 growth contracts globally, a rise of 24 p.c year-over-year.
- Improvement pipeline grew 4 p.c year-over-year and 1 p.c sequentially to a file 257,000 rooms.
- Ancillary revenues elevated 18 p.c in comparison with the third quarter of 2024 and 14 p.c on a year-to-date foundation.
- Diluted earnings per share elevated 5 p.c year-over-year to $36; adjusted diluted EPS grew 5 p.c p.c to $1.46, or elevated 1 p.c on a comparable foundation.
- Web earnings elevated 3 p.c year-over-year to $105 million; adjusted web earnings elevated 2 p.c to $112 million, or decreased 2 p.c on a comparable foundation.
- Adjusted EBITDA elevated 2 p.c year-over-year to $213 million, or remained flat on a comparable foundation.
- Returned $101 million to shareholders by $70 million of share repurchases and quarterly money dividends of $0.41 per share.
“Our third quarter outcomes as soon as once more show the resilience of our enterprise mannequin and the constant execution of our groups world wide,” stated Geoff Ballotti, president and chief government officer. “Amid a difficult macro backdrop, we delivered file year-to-date natural room openings, grew our international pipeline to a different all-time excessive, and achieved double-digit development in ancillary revenues—all whereas increasing our portfolio with high-quality, FeePAR-accretive lodges. As we proceed to focus growth on our strongest manufacturers and markets, advance the trade’s main know-how and loyalty platforms, and drive significant returns to shareholders, we’re positioning Wyndham for sustained development and worth creation nicely into 2026 and past.”
System Measurement and Improvement
The corporate’s international system grew 4 p.c, together with 2 p.c development within the larger RevPAR midscale and above segments in the US and seven p.c development within the larger RevPAR EMEA and Latin America areas.
On September 30, 2025, the corporate’s pipeline consisted of roughly 2,180 lodges and 257,000 rooms, representing one other record-high degree and a 4 p.c year-over-year improve. Key highlights embrace:
- Awarded 204 new contracts, a rise of 24 p.c year-over-year.
- 4 p.c pipeline development within the U.S. and 4 p.c development internationally
- Roughly 70 p.c of the pipeline is within the midscale and above segments, which grew 4 p.c year-over-year
- Roughly 17 p.c of the pipeline is within the extended-stay section
- Roughly 58 p.c of the pipeline is worldwide
- Roughly 75 p.c of the pipeline is new development, and roughly 36 p.c of those tasks have damaged floor; rooms below development grew 3 p.c year-over-year
RevPAR
Third quarter international RevPAR decreased 5 p.c in fixed forex in comparison with 2024, reflecting declines of 5 p.c in the US and a couple of p.c internationally.
In the US, RevPAR efficiency mirrored a 300 basis-point discount in occupancy and a 200 basis-point decline in ADR. Softer leads to Texas, Florida, and California had been partially offset by continued power throughout the Midwest.
Internationally, the lower was primarily pushed by Asia Pacific, together with China, the place RevPAR declined 10 p.c, and Latin America, the place RevPAR declined 5 p.c. This was partially offset by 4 p.c development within the EMEA area and eight p.c development in Canada, each primarily reflecting pricing energy.
Third-Quarter Working Outcomes
The comparability of the corporate’s third-quarter outcomes is impacted by advertising and marketing fund variability. The corporate’s reported outcomes and comparable-basis outcomes (adjusted to neutralize these impacts) had been introduced to boost transparency and supply a greater understanding of the outcomes of the corporate’s ongoing operations.
- Price-related and different revenues had been $382 million, in comparison with $394 million within the third quarter of 2024, reflecting a 5 p.c decline in RevPAR and decrease different franchise charges, partially offset by an 18 p.c improve in ancillary income, royalty fee enlargement each domestically and internationally, and international web room development of 4 p.c.
- The corporate generated web earnings of $105 million in comparison with $102 million within the third quarter of 2024, primarily resulting from larger adjusted EBITDA, partially offset by larger curiosity expense. Adjusted web earnings was $112 million in comparison with $110 million within the third quarter of 2024.
- Adjusted EBITDA grew 2 p.c to $213 million in comparison with $208 million within the third quarter of 2024. This improve included a $6 million favorable influence from advertising and marketing fund variability, excluding which adjusted EBITDA remained flat on a comparable foundation as decrease royalties and franchise charges, together with elevated prices related to insurance coverage, litigation protection and worker advantages—all of that are reflective of the broader working surroundings—had been greater than offset by value containment measures, together with each operational efficiencies and one-time variable reductions.
- Diluted earnings per share elevated 5 p.c to $36 in comparison with $1.29 within the third quarter of 2024. This improve primarily displays the good thing about a decrease share rely resulting from share repurchase exercise.
- Adjusted diluted EPS grew 5 p.c to $1.46 in comparison with $1.39 within the third quarter of 2024. This improve included a good influence of $0.06 per share associated to advertising and marketing fund variability (after estimated taxes). On a comparable foundation, adjusted diluted EPS elevated 1 p.c year-over-year, primarily reflecting the good thing about share repurchase exercise, partially offset by larger curiosity expense.
- Throughout the third quarter of 2025, the corporate’s advertising and marketing fund revenues exceeded bills by $18 million; whereas within the third quarter of 2024, the corporate’s advertising and marketing fund revenues exceeded bills by $12 million, leading to $6 million of promoting fund variability.
