Reports Q1 revenue $313M, consensus $326.54M. Global RevPAR grew 12% compared to first quarter 2022 in constant currency. U.S. RevPAR grew 4% compared to first quarter 2022. System-wide rooms grew 4% year-over-year, including 1% of growth in the U.S. and 9% of growth internationally. Development pipeline grew 11% year-over-year to 226,000 rooms, and signings increased 7%, excluding ECHO Suites Extended Stay by Wyndham.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on WH:
- WYNDHAM HOTELS & RESORTS REPORTS STRONG FIRST QUARTER 2023 RESULTS
- Wyndham Hotels & Resorts price target lowered to $88 from $89 at Barclays
- Wyndham Hotels & Resorts initiated with a Buy at Deutsche Bank
- Wyndham Hotels & Resorts becomes official hotel partner of Minor League Baseball
- Playa Hotels & Resorts signs agreement to launch Wyndham Alltra Samana in DR
