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Wyndham’s income dips, pipeline grows after failed takeover bid

by Robert Van Pash (Editor)
April 27, 2024
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Wyndham Hotels & Resorts’ first-quarter net income dropped to $16 million from $67 million in the same period of 2023, while its global development pipeline surged 8 percent, reaching a record 243,000 rooms and nearly 2,000 hotels. The company opened 13,000 rooms, marking a 27 percent year-over-year increase.

WYNDHAM HOTELS & RESORTS reported a net income of $16 million for the first quarter ending March 31, down from $67 million in the same period of 2023. The decrease primarily resulted…

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