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Wyndham Hotels & Resorts (LTS:0YTR) Payments on Behalf of Employees


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What is Wyndham Hotels & Resorts Payments on Behalf of Employees?

Payments on Behalf of Employees only applicable to companies reporting Cash Flow from Operations in direct method.

Wyndham Hotels & Resorts (LTS:0YTR) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Wyndham Hotels & Resorts Inc (LTS:0YTR) » Definitions » Payments on Behalf of Employees
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Traded in Other Exchanges
WH:USA
Address
22 Sylvan Way, Parsippany, NJ, USA, 07054
Website
https://www.wyndhamhotels.com
As of Dec. 31, 2022, Wyndham Hotels & Resorts operates 843,000 rooms across more than 20 brands predominantly in the economy and midscale segments. Super 8 is the largest brand, representing around 19% of all rooms, with Days Inn (14%) and Ramada (14%) the next two largest brands. During the past several years, the company has expanded its extended stay/lifestyle brands, which appeal to travelers seeking to experience the local culture of a given location. Wyndham launched a new extended stay economy scale segment concept, ECHO, in the spring of 2022. The United States represents roughly 60% of total rooms. The company closed its La Quinta acquisition in the second quarter of 2018, adding around 90,000 rooms at the time the deal closed.