NYSE$WH
Wyndham Hotels & Resorts Inc · Q1 2022 earnings
Q1 2022 earnings · · Investor relations
Briefing
Wyndham's Q1 2022 results showcased strong growth driven by leisure and business travel demand, strategic exits, and a robust development pipeline.
Wyndham Hotels & Resorts reported strong first-quarter 2022 results, with global RevPAR increasing by 39% in constant currency and system-wide rooms growing by 200 basis points year-over-year. The company's strategic initiatives, including exiting the select-service management business and selling owned assets, contributed to a net income of $106 million and adjusted EBITDA of $159 million.
- Global RevPAR increased by 39% compared to Q1 2021 in constant currency.
- System-wide rooms grew by 200 basis points year-over-year.
- Diluted earnings per share reached $1.14, while adjusted diluted earnings per share increased to $0.95.
- The global development pipeline grew by 9% to a record 204,000 rooms.
Headline financials
Revenue & EPS history
Wyndham · Revenue · Quarterly
$371M
Revenue by segment
Wyndham · $272M total across 1 segment · Q1 2022
- Hotel Franchising$272M+30.1%100.0%
Forward guidance
The Company is updating its outlook as follows: Year-over-year rooms growth 2% - 4%, Year-over-year global RevPAR growth 12% - 16%, Fee-related and other revenues $1.28 - $1.31 billion, Adjusted EBITDA $605 - $625 million, Adjusted net income $317 - $329 million, Adjusted diluted EPS $3.39 - $3.51, Free cash flow conversion rate ~55%
Tailwinds
- Year-over-year rooms growth 2% - 4%
- Year-over-year global RevPAR growth 12% - 16%
- Adjusted EBITDA $605 - $625 million
- Adjusted net income $317 - $329 million
- Adjusted diluted EPS $3.39 - $3.51
Headwinds
- Fee-related and other revenues $1.28 - $1.31 billion
- Free cash flow conversion rate ~55%
- removal of post-sale revenues related to the Wyndham Grand Bonnet Creek and Wyndham Grand Rio Mar from prior projections.
- removal from prior projections of depreciation related to the Wyndham Grand Bonnet Creek and Wyndham Grand Rio Mar.
- unable to predict with reasonable certainty the occurrence or amount of all the adjustments or other potential adjustments that may arise in the future
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2022
+0.7%
Avg return
Earnings day
+0.9%
Avg return
5 days after
-1.0%
Avg return
30 days after
46%
17 / 37 earnings
Positive
+8.8%
Q3 2018
Best reaction
-5.5%
Q3 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -3.1% | -4.4% | -4.5% | |
| Q4 2025 | +5.6% | +5.1% | -5.0% | |
| Q3 2025 | -5.5% | -10.0% | -9.5% | |
| Q2 2025 | -1.0% | -2.6% | -3.3% | |
| Q1 2025 | +0.1% | -2.2% | -3.0% | |
| Q4 2024 | -1.6% | +2.1% | -17.5% | |
| Q3 2024 | +8.0% | +7.1% | +16.0% | |
| Q2 2024 | +3.4% | +4.1% | +4.8% | |
| Q1 2024 | +5.4% | +3.9% | -1.6% | |
| Q4 2023 | +1.2% | +0.1% | -0.3% | |
| Q3 2023 | -2.5% | -3.4% | +5.3% | |
| Q2 2023 | +2.0% | +5.0% | -1.2% | |
| Q1 2023 | -1.5% | +2.0% | +3.9% | |
| Q4 2022 | -2.0% | -2.2% | -15.9% | |
| Q3 2022 | +4.4% | +7.9% | +3.0% | |
| Q2 2022 | -1.8% | -1.6% | -1.0% | |
| Q1 2022 | -1.0% | -1.4% | -11.8% | |
| Q4 2021 | +4.5% | +1.6% | -1.7% | |
| Q3 2021 | +5.7% | +4.3% | +0.8% | |
| Q2 2021 | +3.7% | +0.4% | +3.9% | |
| Q1 2021 | -0.1% | -2.1% | +0.9% | |
| Q4 2020 | -2.6% | -3.7% | +10.6% | |
| Q3 2020 | -2.2% | +0.6% | +21.1% | |
| Q2 2020 | -1.5% | -5.1% | +13.6% | |
| Q1 2020 | +6.5% | +20.3% | +37.6% | |
| Q4 2016 | -1.6% | -2.3% | -34.7% | |
| Q4 2019 | -1.6% | -2.3% | -34.7% | |
| Q3 2019 | +0.7% | +3.1% | +9.7% | |
| Q2 2019 | -4.7% | -2.8% | -16.2% | |
| Q1 2019 | +2.5% | +2.4% | -2.8% | |
| Q4 2018 | -0.3% | +1.3% | +0.1% | |
| Q3 2017 | +8.8% | +9.2% | +10.7% | |
| Q3 2018 | +8.8% | +9.2% | +10.7% | |
| Q2 2017 | +0.2% | -7.4% | -8.9% | |
| Q2 2018 | -2.0% | +0.4% | -3.1% | |
| Q1 2018 | -3.8% | -1.7% | -6.7% | |
| Q4 2017 | -3.8% | -1.7% | -6.7% | |
| Q1 2017 | — | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro