Wyndham Hotels & Resorts has recently released its 10-Q report, providing a detailed look into its financial performance and operations. The company operates as a hotel franchisor globally, licensing its well-known hotel brands to owners in over 95 countries. Wyndham's primary segment is hotel franchising, which includes licensing lodging brands, providing related services, and managing business services. The company's hotel brand portfolios include Super 8, Days Inn, Ramada, and Wyndham Grand, among others.
In the 10-Q, Wyndham Hotels & Resorts reported net revenues of $316 million for the three months ended March 31, 2025, representing a 4% increase from the prior-year period. The company's operating income for the same period was $112 million, showing a significant increase of 124% from the previous year. Net income for the three months ended March 31, 2025, was $61 million, reflecting a substantial growth of 281% compared to the same period in 2024.
The company's adjusted EBITDA for the three months ended March 31, 2025, was $145 million, indicating a 3% increase from the prior-year period. Wyndham Hotels & Resorts also provided a breakdown of its operating segment performance, with the Hotel Franchising segment reporting net revenues of $316 million and adjusted EBITDA of $161 million for the same period.
Wyndham Hotels & Resorts highlighted its global development pipeline, which consisted of approximately 2,140 hotels and 254,000 rooms as of March 31, 2025, representing a record-high level and a 5% year-over-year increase. The company awarded 181 new contracts during the first quarter of 2025, marking a 6% increase compared to the prior year.
In terms of financial condition, as of March 31, 2025, Wyndham Hotels & Resorts reported total assets of $4.249 billion, showing a slight increase of $26 million from December 31, 2024. The company's total liabilities stood at $3.670 billion, reflecting a $97 million increase from the end of the previous year. Total stockholders' equity was reported at $579 million as of March 31, 2025, showing a decrease of $71 million from December 31, 2024.
As a result of these announcements, the company's shares have moved -0.1% on the market, and are now trading at a price of $85.23. For more information, read the company's full 10-Q submission here.
