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Wyndham Hotels & Resorts (WH)

Consumer Discretionary · Hotel Franchising and Management

The world's largest hotel franchisor by property count, generating recurring royalties and fees from 8,300+ properties across 25 primarily economy and midscale brands with minimal capital requirements.

What Wyndham Hotels & Resorts does

Wyndham Hotels & Resorts is the world's largest hotel franchising company, operating a portfolio of 25 brands across approximately 8,300 franchised properties with nearly 869,000 rooms in ~100 countries. The company generates revenue primarily through royalties, franchise fees, marketing and reservation services, and licenses from franchisees rather than owning properties directly, maintaining a highly asset-light business model. It focuses on economy, midscale, and upper midscale segments, with approximately 80% of U.S. population living within ten miles of a Wyndham-affiliated hotel.

Themes: ["Hotel franchising","Asset-light lodging model","Economy and midscale segment","Loyalty and customer engagement","Global hotel network"]

Fundamentals

Dividend: yield +2.1%; 5-year non-decreasing per-share dividend streak (SEC XBRL).

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Key risks (from latest filing)

["Dependence on franchisee performance and financial stability; failure of major franchisees or franchise system disruption could reduce royalty revenues","Exposure to travel demand fluctuations driven by economic cycles, pandemics, and consumer discretionary spending patterns","Integration and operational challenges managing a diverse portfolio of 25 brands across 100 countries with varying market conditions"]

See WH's biggest risks from its latest 10-Q →

Competitors & peers

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Fundamentals: Finnhub, as of 2026-07-09. Filings: SEC EDGAR. Prices are delayed daily-close data.

Last updated 2026-07-09.

Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.