PARSIPPANY, N.J. – Wyndham Hotels & Resorts, Inc. (NYSE: NYSE:) reported adjusted first quarter earnings of $0.78 per share, marginally surpassing the analyst estimate of $0.76. However, the company’s revenue for the quarter fell short of expectations, coming in at $305 million compared to the consensus estimate of $312.3 million.
Despite the revenue miss, the company experienced a global RevPAR (Revenue per available room) growth of 1% in constant currency and an 8% increase in ancillary…
Read further.
#hotel #hoteltrade #hotelnews