Wyndham Hotels & Resorts
About: As of Dec. 31, 2023, Wyndham Hotels & Resorts operates 872,000 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 (13%) 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. The company closed its La Quinta acquisition in the second quarter of 2018, adding around 90,000 rooms at the time the deal closed. Wyndham launched a new extended stay economy scale segment concept, ECHO, in the spring of 2022. The United States represents 57% of total rooms.
Employees: 2,300
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
17% more funds holding in top 10
Funds holding in top 10: 6 [Q1] → 7 (+1) [Q2]
1.73% more ownership
Funds ownership: 91.52% [Q1] → 93.25% (+1.73%) [Q2]
1% more funds holding
Funds holding: 392 [Q1] → 396 (+4) [Q2]
8% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 51
2% less capital invested
Capital invested by funds: $5.69B [Q1] → $5.56B (-$127M) [Q2]
15% less repeat investments, than reductions
Existing positions increased: 123 | Existing positions reduced: 144
45% less call options, than puts
Call options by funds: $4.96M | Put options by funds: $8.98M
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
Truist Securities Patrick Scholes 47% 1-year accuracy 15 / 32 met price target | 25%upside $103 | Buy Maintained | 14 Oct 2024 |
Goldman Sachs Lizzie Dove 80% 1-year accuracy 12 / 15 met price target | 16%upside $96 | Buy Initiated | 18 Sept 2024 |
Barclays Brandt Montour 68% 1-year accuracy 41 / 60 met price target | 9%upside $90 | Overweight Maintained | 26 Jul 2024 |
Truist Securities Patrick Scholes 47% 1-year accuracy 15 / 32 met price target | 26%upside $104 | Buy Maintained | 26 Jul 2024 |
Stifel Simon Yarmak 79% 1-year accuracy 15 / 19 met price target | 8%upside $89 | Buy Maintained | 25 Jul 2024 |
Financial journalist opinion
Based on 7 articles about WH published over the past 30 days