The raised guidance and accelerating U.S. RevPAR trend support the bull case, but the revenue miss and ongoing Revo uncertainty warrant caution. Watch the Q3 earnings call for updates on international RevPAR recovery and Revo resolution — a continued domestic momentum could drive further upward revisions.
Price Chart
Executive Summary
Wyndham Hotels reported Q2 2026 adjusted diluted EPS of $1.48, beating consensus of $1.41 by 4.9%, while net revenue of $375M missed the $400.8M estimate due to marketing fund variability and the absence of pass-through conference revenues. The company raised its full-year adjusted diluted EPS guidance to $4.71-$4.83 and adjusted EBITDA to $735M-$745M, reflecting confidence in domestic RevPAR trends and system growth despite headwinds from the Revo insolvency and international RevPAR declines.
Key Financial Metrics
Key Facts
- Adjusted diluted EPS of $1.48 beat consensus of $1.41 (4.9% beat) and grew 11% YoY
- Net revenue of $375M declined 6% YoY, missing $400.8M consensus, primarily due to marketing fund variability and the 2025 franchisee conference pass-through
- Full-year 2026 adjusted diluted EPS guidance raised to $4.71-$4.83 from $4.62-$4.80; revenue guidance narrowed to $1.48B-$1.50B from $1.47B-$1.50B
- Global system size grew 4% YoY ex-Revo; development pipeline reached a record ~261,000 rooms
- U.S. RevPAR grew 2% YoY; international RevPAR declined 6% constant currency led by weakness in Mexico, EMEA, and China
- Adjusted EBITDA up 9% to $212M (or 3% on a comparable basis); net cash from operations up 30% to $91M
- Returned $86M to shareholders via $54M in share repurchases and $32M in dividends ($0.43/share)
Financial Impact
EPS beat of ~$0.07 per share and raised guidance suggest ~$0.09-$0.03 increase in full-year EPS midpoint; revenue miss due to non-recurring items largely ignored by the market
Risk Factors
- Revo insolvency may result in further fee deferrals or room terminations, clouding revenue visibility
- International RevPAR declines in Mexico, EMEA, and China pose headwinds to global growth
- Net debt leverage ratio of 3.5x is at the midpoint of the target range, limiting financial flexibility
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-prn-302832210 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 17, 2026 6w ago | 144 | $73.36 $68.17 | ▼ −7.07% | ▼ −5.76% | $71.38 (−2.70%) |
Jul 22, 2026 10w ago | Press Release | $73.48 $75.31 | ▲ +2.49% | ▼ −0.82% | $71.38 (−2.86%) |
Jun 15, 2026 15w ago | 144 | $85.36 $77.63 | ▼ −9.06% | ▼ −9.26% | $71.38 (−16.38%) |
May 18, 2026 19w ago | 8-K | $77.79 $81.35 | ▲ +4.57% | ▲ +2.38% | $71.38 (−8.24%) |
Apr 27, 2026 22w ago | Court Ruling | $85.34 $80.70 | ▼ −5.44% | ▼ −10.39% | $71.38 (−16.36%) |
Mar 25, 2026 27w ago | DEFA14A | $80.57 $85.79 | ▲ +6.48% | ▼ −4.19% | $71.38 (−11.41%) |
Mar 5, 2026 30w ago | Insider Cluster | $79.29 $82.20 | ▲ +3.67% | ▲ +7.46% | $71.38 (−9.98%) |
Mar 5, 2026 30w ago | Insider Cluster | $79.29 $82.20 | ▲ +3.67% | ▲ +7.46% | $71.38 (−9.98%) |
Feb 24, 2026 31w ago | 8-K | $83.59 $78.86 | ▼ −5.66% | ▼ −0.42% | $71.38 (−14.61%) |
US Market Status
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