Wyndham Hotels Q4 Revenue Dips 2.1% as EPS Tops Estimates at $0.93
Wyndham Hotels reported Q4 revenue of $334 million, down 2.1% year-over-year, missing estimates by 1.16%, and delivered adjusted EPS of $0.93, a 4.07% surprise despite an 80¢ GAAP loss. International RevPAR topped forecasts at $36.96 while fee-related revenues fell 11% to $121 million.
1. Q4 Income Summary
Wyndham Hotels reported Q4 revenue of $334 million, down 2.1% year-over-year and 1.16% below consensus. The quarter included an 80¢ per-share GAAP loss of $60 million, while adjusted EPS reached $0.93, beating the $0.89 estimate by 4.07%.
2. RevPAR and Room Metrics
International RevPAR hit $36.96 versus a $34.39 estimate, while U.S. RevPAR measured $42.91 below the $43.28 forecast. Total systemwide rooms stood at 868,900 compared to analyst projections of 869,446 units.
3. Fee-Related Revenue Breakdown
Royalties and franchise fees declined 11% to $121 million, marketing and reservation revenues fell 3% to $131 million, and management fees slid 33% to $2 million. License and other fees increased 3% to $31 million, and other revenues jumped 32% to $49 million.
4. Annual Guidance
Wyndham issued full-year adjusted EPS guidance of $4.62 to $4.80, reflecting anticipated steady franchise growth and moderated fee income for the upcoming fiscal year.