Wyndham Hotels & Resorts Reports First Quarter 2021 Results
Company Updates 2021 Projections
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PARSIPPANY, N.J., April 28, 2021 /PRNewswire/ Wyndham Hotels & Resorts (NYSE: WH) today announced results for the three months ended March 31, 2021. Highlights include:
Diluted earnings per share was $0.26, and adjusted diluted earnings per share was $0.36.
Net income was $24 million and adjusted net income was $33 million.
Adjusted EBITDA was $97 million.
Generated $64 million of net cash provided by operating activities and $59 million of free cash flow.
Global RevPAR declined 11% compared to first quarter 2020 and 31% compared to first quarter 2019 in constant currency.
Paid quarterly cash dividend of $0.16 per share.
Wyndham Hotels & Resorts Announces Redemption Of Its 5 375% Senior Notes
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Wyndham Hotels & Resorts Announces Redemption Of Its 5 375% Senior Notes
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Wyndham Hotels & Resorts Declares Quarterly Cash Dividend
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PARSIPPANY, N.J., Feb. 24, 2021 /PRNewswire/ Wyndham Hotels & Resorts, Inc. (NYSE: WH) announced today its Board of Directors declared a quarterly cash dividend of $0.16 per share on its common stock, payable March 31, 2021 to shareholders of record as of March 17, 2021. The cash dividend represents a 100% increase from the $0.08 per share quarterly dividend paid during the second, third and fourth quarters of 2020.
About Wyndham Hotels & Resorts
Wyndham Hotels & Resorts (NYSE: WH) is the world s largest hotel franchising company by the number of properties, with over 8,900 hotels across nearly 95 countries on six continents. Through its network of approximately 796,000 rooms appealing to the everyday traveler, Wyndham commands a leading presence in the economy and midscale segments of the lodging industry. The Company operates a portfolio of 20 hotel brands, in
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PARSIPPANY, N.J., Feb. 10, 2021 /PRNewswire/ Wyndham Hotels & Resorts (NYSE: WH) today announced results for the three months and year ended December 31, 2020. Highlights include:
Diluted loss per share for the quarter was $0.08 and adjusted diluted earnings per share was $0.07; diluted loss per share for the full-year was $1.42 and adjusted diluted earnings per share was $1.03.
Net loss for the quarter was $7 million and adjusted net income was $7 million; net loss for the full-year was $132 million and adjusted net income was $96 million.
Adjusted EBITDA was $56 million for the quarter and $327 million for the full-year.
Global comparable RevPAR for the quarter declined 33% year-over-year; global comparable RevPAR for the year declined 35% year-over-year.