Wyndham touts development prowess, AI spurt, while RevPAR falls
📈 Wyndham Hotels & Resorts saw a 4% YOY growth in system-wide rooms and a record 257,000 rooms in its development pipeline. Q3 RevPAR decreased by 5% compared to last year, with a projected full-year decline of 2% to 3%. 70% of Wyndham's pipeline is in midscale and above segments, with 58% international. AI agents improved direct bookings, contributing to nearly 300 basis points of improvement in hotel direct contributions. Wyndham launched a $95 travel subscription for enhanced customer perks.
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