Wyndham Hotels & Resorts, Inc.

Detailed Description

Wyndham Hotels & Resorts, Inc. operates as a hotel franchisor worldwide. It operates through Hotel Franchising and Hotel Management segments. The Hotel Franchising segment licenses its lodging brands and provides related services to third-party hotel owners and others. The Hotel Management segment provides hotel management services for full-service and limited-service hotels. It is also involved in the reward loyalty program business. The company's hotel brand portfolios include Super 8, Days Inn, Travelodge, Microtel, Howard Johnson, La Quinta, Ramada, Baymont, AmericInn, Wingate, Wyndham Alltra, Wyndham Garden, Ramada Encore, Hawthorn, Registry Collection, Trademark Collection, TRYP, Dazzler, Esplendor, Wyndham Grand, Dolce, and Wyndham. As of February 15, 2022, it operated a portfolio of 22 hotel brands with approximately 9,000 hotels with approximately 8,10,000 rooms in approximately 95 countries. The company was incorporated in 2017 and is headquartered in Parsippany, New Jersey.

Key People

Founder(s): Trammell Crow

Geoffrey A. Ballotti (President)

Financials

Revenue: US$1.300 Billion (Fiscal Year Ended December 31, 2020)

Operating income: –US$0.046 Billion (Fiscal Year Ended December 31, 2020)

Net income: –US$0.132 Billion (Fiscal Year Ended December 31, 2020)

Total assets: US$4.644 Billion (Fiscal Year Ended December 31, 2020)

Total equity: US$0.963 Billion (Fiscal Year Ended December 31, 2020)