Q3 2025 Wyndham Hotels & Resorts Inc Earnings Call Transcript
Key Points
- Wyndham Hotels & Resorts Inc (WH) reported a 21% increase in room openings and a 24% increase in deals signed during the third quarter of 2025.
- The company achieved an 18% increase in ancillary fee streams, contributing to over $260 million of adjusted free cash flow year-to-date.
- Wyndham's global pipeline grew by 4% to 257,000 rooms and nearly 2,200 hotels, with a fee par premium of over 30% domestically and 25% internationally.
- The introduction of Dazzler Select by Wyndham in the U.S. targets hoteliers seeking flexibility without sacrificing the power of scale.
- Wyndham AI, an industry-first technology, is driving more direct bookings and has already handled over half a million customer interactions, improving direct contribution by nearly 300 basis points.
- RevPAR declined 5% in constant currency, both globally and domestically, reflecting consumer caution in an uncertain economic environment.
- The company experienced continued softness in the Sun Belt states, which more than offset strength in other regions.
- International RevPAR declined 2%, driven primarily by an 8% decrease in Asia Pacific, including a 10% drop in China.
- Fee-related and other revenues declined 3% year over year, primarily due to a 5% decrease in global RevPAR.
- The company reduced its full-year RevPAR outlook, expecting a decline of 2% to 3%, reflecting a reduction of 100 to 300 basis points from prior expectations.
Please stand by. We're about to begin.
Good morning ladies and gentlemen. Welcome to the Wyndham Hotels and Resorts. Third quarter 2025 earnings conference call. At this time, all participants have been placed on a listen-only mode, and the floor will be open for your questions following the presentation. If you would like to ask a question at that time, please press 1 on your telephone keypad. If at any point your question has been answered, you may remove yourself from the queue by pressing 2.
Lastly, if you should require operator assistance today, please press 0 at any time. Now this time, I would like to turn the call over to Mr. Matt Capuzzi, senior Vice President of Investor Relations. Please go ahead, sir.
Thank you, operator. Good morning and thank you for joining us. With me today are Jeff Blatty, our CEO, and Michelle Allen, our CFO and head of strategy.
Before we get started, I want to remind you that our remarks today will contain
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