Wyndham Hotels & Resorts Reports Q2 2024 Results
PARSIPPANY, New Jersey—Wyndham Hotels & Resorts announced results for the three months ended June 30, 2024. Highlights include: “The resilience and highly cash-generative nature of our business model was once again on full display this quarter,” said Geoff Ballotti, president and CEO, Wyndham. “Amid a normalizing domestic RevPAR environment, we delivered strong adjusted EBITDA driven by net room and ancillary fee growth. We awarded 33 percent more hotel contracts domestically which grew our development pipeline […]
The post Wyndham Hotels & Resorts Reports Q2 2024 Results appeared first on LODGING Magazine.