Wyndham Hotels & Resorts Releases Earnings Guidance For FY2022
November 24, 2022
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The company has a strong portfolio of brands, including Wyndham, Ramada, Days Inn, and Super. Wyndham Hotels & Resorts ($NYSE:WH) has released their FY 2022 earnings guidance, and they are expecting to see strong growth across all of their key metrics. The company is attributing their expected strong performance to the continued recovery of the global travel industry, as well as their focus on cost-savings initiatives. Wyndham is well-positioned to continue growing their business and delivering value for their shareholders.
Earnings
Wyndham Hotels & Resorts has released its earnings guidance for FY2022. According to the report, the company earned 1556.0M USD in total revenue and net income of 348.0M USD. This represents a decrease of 0.6% in total revenue and an increase of 42.6% in net income compared to the previous year. Wyndham has seen a steady increase in total revenue over the past three years, reaching 1556.0M USD in FY2022. This is a positive sign for the company, indicating that its business is growing.
However, net income has fluctuated over this period, with a significant increase in FY2022. This is likely due to changes in expenses or other factors.
About the Company
Share Price
The company is expecting mixed results from the media exposure it has received so far. On Tuesday, Wyndham’s stock opened at $76.9 and closed at $75.1, down 1.1% from its previous closing price of $75.9. Wyndham is hoping that its fiscal year 2022 guidance will help it improve its stock price. Live Quote…
VI Analysis
Wyndham Hotels & Resorts is a high-risk investment in terms of financial and business aspects, according to VI Risk Rating. The company has 3 risk warnings in income sheet, balance sheet, cashflow statement. More…
VI Peers
The hotel industry is a fiercely competitive marketplace. The four largest hotel chains in the world are Wyndham Hotels & Resorts, Choice Hotels International, Hilton Worldwide Holdings, and InterContinental Hotels Group. These companies are all fighting for market share, and each has its own strengths and weaknesses.
– Choice Hotels International Inc ($NYSE:CHH)
Hotels International Inc is one of the world’s largest hotel companies, with more than 6,500 hotels across more than 30 countries. The company operates under a variety of brand names, including Choice Hotels, Comfort Inn, Quality Inn, Sleep Inn, Clarion, Cambria Hotel & Suites, MainStay Suites, Suburban Extended Stay Hotel, Econo Lodge, and Rodeway Inn. The company also has a vacation rental business, which operates under the Vacation Rentals by Choice Hotels brand.
– Hilton Worldwide Holdings Inc ($NYSE:HLT)
Hilton Worldwide Holdings Inc is a hospitality company that owns, leases, manages, develops, and franchises hotels and resorts. The company has a market cap of 37.86B as of 2022 and a return on equity of -143.8%. Hilton Worldwide Holdings is headquartered in Virginia.
– InterContinental Hotels Group PLC ($LSE:IHG)
InterContinental Hotels Group PLC is a hotel company that owns, manages, and franchises hotels and resorts. The company has a market cap of 8.36 billion as of 2022 and a return on equity of -34.42%. The company operates in over 100 countries and has over 7,000 properties.
Summary
Wyndham Hotels & Resorts is one of the largest hotel companies in the world, offering a wide variety of lodging options including upscale, full-service hotels and resorts, select-service hotels, extended-stay hotels, timeshare properties, and vacation rental properties. The company has a strong presence in major global markets, including the United States, Canada, Mexico, the Caribbean, Europe, and Asia Pacific. Wyndham Hotels & Resorts has a long history of delivering shareholder value and is committed to continued investment in its properties and brands to drive growth and profitability.
The company’s strong balance sheet and healthy cash flow enable it to pursue opportunities to drive growth through new hotel development, acquisitions, and strategic partnerships. Wyndham Hotels & Resorts is an attractive investment for those looking for exposure to the global lodging industry.
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