WYNDHAM HOTELS & RESORTS, INC.

Wyndham Hotels & Resorts, Inc. announced that President and CEO Geoff Ballotti has been diagnosed with Multiple Myeloma but intends to continue working largely as normal, with a favorable prognosis. Additionally, Chief Accounting Officer Nicola Rossi will depart the company on July 31, 2026, and Christopher Androski, current Senior Vice President and Controller, will succeed him. The company also held its 2026 Annual Meeting of Stockholders, where all nine Director nominees were elected, executive compensation was approved on an advisory basis, Deloitte & Touche LLP was ratified as the independent auditor, and a stockholder proposal for written consent was approved.

Wyndham Hotels & Resorts, Inc. reported Q1 2026 net revenues of $327 million, an increase from $316 million in Q1 2025. Net income remained flat at $61 million, while diluted earnings per share slightly increased to $0.80 from $0.78 year-over-year. The company also issued $650 million in senior unsecured notes, using the proceeds to repay existing debt, and acquired two European hotel properties through collateral enforcement following a franchisee's insolvency.

Wyndham Hotels & Resorts reported flat net income of $61 million for Q1 2026, while adjusted net income increased 9% to $73 million and adjusted diluted EPS grew 12% to $0.96. The company achieved a 4% year-over-year growth in system-wide rooms and expanded its development pipeline by 3% to a record 2,200 hotels. U.S. RevPAR was flat year-over-year, performing 250 basis points ahead of expectations. Wyndham also returned $85 million to shareholders through share repurchases and dividends and updated its full-year global RevPAR growth outlook.