Wyndham Hotels & Resorts Releases Q1 2023 Financial Results

PARSIPPANY, New Jersey—Wyndham Hotels & Resorts announced results for the three months ended March 31, 2023. The results include: “Our impressive first quarter results demonstrate continued momentum with global RevPAR growth of 12 percent, net room growth of 4 percent, and the 11th consecutive quarter of sequential growth in our development pipeline,” said Geoffrey A. Ballotti, president and CEO. “We outperformed our adjusted EBITDA expectations, leading us to raise our full-year outlook as a result. […]

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