Achieves 2023 guidance, including Net Debt Leverage of 2.0x, and continues commitment to debt reduction by lowering long-term targeted Net Debt Leverage range to 1.75x to 2.25x
Reinitiates.
Article - Wyndham Hotels & Resorts Reports Fourth Quarter 2023 Results - System-wide rooms grew organically by 3.5% year-over-year, a record high. Development pipeline grew 1% sequentially and by 10% year-over-year to a record 240,000 rooms.
Increases Quarterly Dividend by 9%
Reiterates Full-Year 2024 Outlook
PARSIPPANY, N.J., Feb. 14, 2024 /PRNewswire/ Wyndham Hotels & Resorts today announced results for the three months and year.