Wyndham Hotels & Resorts Reports Strong Q3 Growth and Raises Global RevPAR Outlook
Wyndham Hotels & Resorts (WH) reported robust third-quarter financial results, highlighted by a 5% increase in comparable adjusted EBITDA and a 9% rise in earnings per share (EPS). The company's performance was bolstered by a 6% growth in U.S. Revenue Per Available Room (RevPAR), signaling continued strength in the domestic hospitality market. Looking ahead, management has raised its global RevPAR outlook to a range of 0.5% to 1%. Additionally, the company provided an adjusted EBITDA forecast between $740 million and $745 million, reflecting positive momentum in its global operations.
Tickers: $WH
Topics: earnings EBITDA EPS hospitality RevPAR
Read the full article at Seeking Alpha
Part of the story Hasbro Raises Full-Year Outlook Amid Strong Q3 Performance and Strategic Growth Initiatives (6 articles)