Wyndham Hotels Reports Q2 Results

Wyndham Hotels Expands Pipeline in Second Quarter

Wyndham Hotels & Resorts has reported its financial results for the second quarter ended 30 June 2026, with growth in its development pipeline, improved earnings and higher U.S. RevPAR. The company also updated its full-year outlook following the quarter’s performance.

During the quarter, U.S. RevPAR increased by 2% year-on-year, while the company’s global hotel system, excluding rooms associated with the insolvent Revo Hospitality Group, grew by 4%. Wyndham’s development pipeline also increased by 4% to approximately 261,000 rooms, representing more than 2,200 hotels.

The company reported net income of US$102 million, up 17% from the same period last year. Adjusted net income rose to US$111 million, while adjusted EBITDA increased to US$212 million. Diluted earnings per share (EPS) reached US$1.36, with adjusted diluted EPS of US$1.48.

Geoff Ballotti, President and Chief Executive Officer of Wyndham Hotels & Resorts, said the company’s performance reflected continued expansion of its fee-based business, supported by hotel openings, higher ancillary revenue and improving U.S. RevPAR. He added that the company remains focused on long-term growth through development across the midscale and higher segments.

Internationally, Wyndham recorded 10% room growth, excluding Revo, supported by expansion across the Asia Pacific, Europe, Middle East and Africa (EMEA) and Latin America regions. Around 69% of the development pipeline is in the midscale and above segments, while 17% is dedicated to the extended-stay category. Approximately 78% of the pipeline consists of new-build projects.

Global RevPAR declined 1% during the quarter, reflecting a 2% increase in the United States and a 6% decline internationally. Wyndham attributed the international performance to lower U.S. cross-border demand in Mexico, geopolitical challenges affecting parts of the Middle East, softer performance at Revo hotels and continued pricing pressure in China.

The company generated US$91 million in operating cash flow and US$105 million in adjusted free cash flow during the quarter. Wyndham also returned US$86 million to shareholders through share repurchases and quarterly dividends.

Looking ahead, Wyndham has revised its 2026 outlook, maintaining expected room growth of 4%–4.5% while increasing its forecast for global RevPAR growth to 0%–1%. The company also raised its guidance for revenue, adjusted EBITDA, adjusted net income and adjusted diluted EPS.

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