Wyndham Hotels & Resorts Reports Strong Q1 Performance and Raised RevPAR Outlook
Wyndham Hotels & Resorts reported strong first-quarter performance, with global RevPAR improving by ~450 basis points sequentially. The company raised its full-year RevPAR outlook to a range of +1% to -1%. It also extended its development pipeline significantly and saw robust growth in ancillary revenues.
Tickers: $WH
Topics: ancillary revenue growth capital structure hotel development pipeline RevPAR