Q1 2025 Wyndham Hotels & Resorts Inc Earnings Call Transcript
Key Points
- Adjusted EBITDA grew 9% on a comparable basis, and adjusted EPS increased 20%.
- Global system growth of 4% and pipeline growth of 5% to a record 2,143 hotels.
- International RevPAR grew in all regions except China, with notable growth in Latin America and EMEA.
- Strong development momentum with a record first quarter for room additions, opening 15,000 rooms.
- Continued growth in ancillary fee streams, driven by co-branded credit card agreements and new partnerships.
- US RevPAR growth was below expectations, growing only 2% for the quarter.
- China experienced an 8% decline in RevPAR due to continued pricing pressure.
- Revised 2025 outlook reflects a more cautious view of industry-wide RevPAR performance.
- First quarter marketing fund expenses exceeded revenues by $22 million.
- International RevPAR is expected to decline by about a point on a constant currency basis.
Welcome everyone to the Wyndham Hotels and Resorts first quarter, 2025 earnings conference call. At this time, all participants have been placed in a listen-only mode and the floor will be open for your questions following the presentation. (Operator Instructions)
I would now like to turn the call over to Matt Capuzzi, Senior Vice President of Investor Relations.
Thank you, operator. Good morning and thank you for joining us. With me today are Geoff Ballotti, our CEO, and Michele Allen, our CFO and Head of Strategy. Before we get started, I want to remind you that our remarks today will contain forward-looking statements. These statements are subject to risk factors that may cause our actual results to differ materially from those expressed or implied.
These risk factors are discussed in detail in our most recent annual report on Form 10-k filed with the Securities and Exchange Commission and any subsequent reports filed with the SEC. We'll also be
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
