Wyndham Worldwide Corporation (WYN) - NYSE
  • Wed, Jul. 27, 7:52 AM
    • Wyndham Worldwide (NYSE:WYN) reports revenue rose 1% in Q2 on a constant currency basis and excluding acquisitions.
    • Service and membership fees grew 1.4% to $632M.
    • Segment revenue: Hotel Group: $334M (flat); Destination Network: $384M (flat, +1% on a constant currency basis ); Vacation Ownership: $705M (+1%).
    • Domestic REVPAR increased 2% Y/Y.
    • Adjusted EBITDA increased 2.4% to $340M.
    • FY2016 Guidance: Revenues: ~$5.65B to $5.8B; Adjusted EBITDA: $1.375B to $1.4B; Adjusted net income: ~$635M to $650M; Adjusted EPS: ~$5.68 to $5.82; Diluted share count: 112M.
    • WYN -1.22% premarket.
    | Wed, Jul. 27, 7:52 AM
  • Wed, Jun. 29, 9:23 AM
    • The all-cash deal works out to $30.25 per share, about 26% higher than yesterday's close and 58% above the price in February when the company announced its intention to look into a sale.
    • There is no financing contingency, and the deal is expected to close over the next few months.
    • SA contributor Chris DeMuth has suggested DRII could be worth $36-$39 per share to a buyer like Wyndham (NYSE:WYN).
    • DRII +24% premarket to $29.82.
    | Wed, Jun. 29, 9:23 AM | 1 Comment
  • Mon, Mar. 21, 10:34 AM
    • Diamond Resorts International (DRII -8.2%) and Wyndham Worldwide (WYN -4.6%) are both down sharply in early trading.
    • Also slumping amid more Starwood-Marriott merger news is Marriott Vacations (VAC -1.7%) and Interval Leisure GRoup (IILG -1.7%), while Hyatt Hotels (H +2.9%) and Starwood Hotels & Resorts (HOT +4.1%) are higher.
    • A regulatory order issued by the Consumer Financial Protection Service against privately-owned Westgate Resorts continues to be factor in the timeshare sector, while the expansion of hotel chains into Cuba is in the mix on the hotel side of the lodging business.
    | Mon, Mar. 21, 10:34 AM | 1 Comment
  • Tue, Feb. 9, 8:10 AM
    • Wyndham Worldwide (NYSE:WYN) reports Service and membership fees rose 10.6% to $562M in Q4.
    • Segment revenue: Hotel Group: $314M (+17.6%, +6% on a constant currency basis); Destination Network: $310M (-0.3%, +5% on a constant currency basis ); Vacation Ownership: $706M (+5.7%, +7% on a constant currency basis).
    • Domestic REVPAR increased 2.9% Y/Y.
    • Adjusted operating margin rate grew 10 bps to 15.7%.
    • FY2016 Guidance: Revenues: ~$5.8B to $5.95B; Adjusted EBITDA: $1.375B to $1.4B; Adjusted EPS: ~$5.46 to $5.60; Diluted share count: 116M.
    | Tue, Feb. 9, 8:10 AM
  • Nov. 16, 2015, 9:57 AM
    • A group of travel, lodging, and airline stocks are weaker than broad market averages on heightened concerns over global travel and tourism after the Paris attacks.
    • Notable decliners include Delta Air Lines (DAL -1.8%), American Airlines Group (AAL -1.6%), Priceline (PCLN -4.5%), Expedia (EXPE -2.1%), China Lodging Group (HTHT -0.6%), Wyndham Worldwide (WYN -2.5%), Hilton Worldwide (HLT -2.6%), and Intercontinental Hotels Group (IHG -1.6%).
    | Nov. 16, 2015, 9:57 AM | 13 Comments
  • Oct. 28, 2015, 11:41 AM
    | Oct. 28, 2015, 11:41 AM
  • Oct. 27, 2015, 2:48 PM
    • Starwood Hotels and Resorts (HOT +9%) pops after The Wall Street Journal reports some Chinese firms are seeking approval to make a bid on the hotel operator.
    • Shanghai Jin Jiang International Hotels (OTC:SJJIY) and HNA Group, and China Investment Corp. are believed to be the pursuers.
    • A bulk of the hotel sector is moving off the news of Chinese interest and some strong earnings reports earlier.
    • Gainers: Hyatt Hotels (H +1.2%), Wyndham Worldwide (WYN +5.7%), Hilton Worldwide (HLT +1.2%), Marriott International (MAR +1.7%).
    | Oct. 27, 2015, 2:48 PM | 2 Comments
  • Oct. 27, 2015, 8:58 AM
    • Wyndham Worldwide (NYSE:WYN) reports revenue rose 6% after excluding acquisition, divestiture and currency impact.
    • Segment revenue: Lodging: $357M (+13%, +4% on a constant currency basis); Vacations Exchange and Rentals: $476M (-7%, +6% on a constant currency basis ); Vacation Ownership: $750M (+7%, +8% on a constant currency basis).
    • Domestci REVPAR increased 5.2% Y/Y.
    • Adjusted operating margin rate dropped 120 bps to 22.4%.
    • FY2015 Guidance: Revenues: ~$5.45B to $5.55B; Adjusted EBITDA: $1.285B to $1.315B; Adjusted EPS: $5.06 to $5.09; Diluted share count: 119.4M.
    • Q3 results
    | Oct. 27, 2015, 8:58 AM
  • Jul. 28, 2015, 6:52 AM
    • Wyndham Worldwide (NYSE:WYN) reports revenue rose 8% on a constant currency basis.
    • Segment revenue: Lodging +18% to $334M; Vacations Exchange and Rentals -5% to $383M; Vacation Ownership +4% to $699M.
    • Operating expenses +4.45% to $1.127B.
    • Total REVPAR flat Y/Y.
    • Domestci REVPAR +4.5% Y/Y.
    • International REVPAR -1.2% Y/Y.
    • FY2015 Guidance: Revenues: $5.45B to $5.55B; Adjusted EBITDA: $1.285B to $1.315B; Adjusted EPS: $4.88 to $5.03; Diluted share count: 120.2M; Free cash flow: ~$800M.
    • Q2 results
    | Jul. 28, 2015, 6:52 AM
  • Jul. 28, 2015, 6:33 AM
    • Wyndham Worldwide (NYSE:WYN): Q2 EPS of $1.32 beats by $0.06.
    • Revenue of $1.4B (+4.5% Y/Y) beats by $30M.
    • Shares +1.01% PM.
    | Jul. 28, 2015, 6:33 AM
  • Apr. 29, 2015, 10:14 AM
    | Apr. 29, 2015, 10:14 AM
  • Apr. 28, 2015, 8:28 AM
    • Wyndham Worldwide (NYSE:WYN) reports revenue rose 9% on a constant currency basis.
    • Segment revenue: Lodging +23% to $293M; Vacations Exchange and Rentals -3% to $369M; Vacation Ownership +4% to $614M.
    • Operating expenses +2.35% to $1.046B.
    • Total REVPAR +1.7% Y/Y.
    • Domestci REVPAR +7.7%.
    • International REVPAR -9.8%.
    • FY2015 Guidance: Revenues: $5.45B to $5.55B; Adjusted EBITDA: $1.285B to $1.315B; Adjusted EPS: $4.81 to $4.96; Diluted share count: 121.4M; Free cash flow: ~$800M.
    • WYN +1.00% premarket.
    • Q1 results
    | Apr. 28, 2015, 8:28 AM
  • Mar. 26, 2015, 2:29 PM
    • Hotel stocks are out ahead of market averages as sentiment stays positive on the sector
    • Traders some to be piggybacking off each other without any major news out.
    • Companies active in timeshares are well-represented on the list of gainers.
    • Starwood Hotels & Resorts Worldwide (HOT +4.9%) reached an all-time high of $86.76 on huge volume.
    • Also putting in gains are Hyatt Hotels (H +2.9%), Hilton Worldwide (HLT +1.6%), Morgans Hotel Group (MHGC +1%), Interval Leisure Group (IILG +2%), and Wyndham Worldwide (WYN +1.4%).
    | Mar. 26, 2015, 2:29 PM
  • Feb. 10, 2015, 10:11 AM
    • Strong earnings reports from Starwood Hotels & Resorts (HOT +6.4%) and Wyndham Worldwide (WYN +7.1%) have given a boost to the lodging sector.
    • The group is showing improved efficiency as demand and pricing stays ahead of the rate of capacity growth.
    • Gainers: Hyatt Hotels (NYSE:H) +3.8%, Marriott International (NASDAQ:MAR) +3.6%, Intercontinental Hotels (NYSE:IHG) +2.7%, Choice Hotels International (NYSE:CHH) +2.1%, Hilton Worldwide (NYSE:HLT) +1.4%, Extended Stay America (NYSE:STAY) +1.2%, Morgans Hotel Group (NASDAQ:MHGC) +1.2%.
    • Associated with the sector, Priceline (PCLN +1.8%) and Orbitz Worldwide (OWW +3.1%) are also trading above market averages.
    | Feb. 10, 2015, 10:11 AM
  • Feb. 10, 2015, 8:36 AM
    • Wyndham Worldwide (NYSE:WYN) reports strong growth across segments in Q4.
    • Segment revenue: Lodging +9.0% to $267M; Vacations Exchange and Rentals +2% to $311M; Vacation Ownership +1.5% to $668M.
    • Operating expenses +4.6% to $1.076B.
    • Total REVPAR +5.0% Y/Y.
    • Domestci REVPAR +8.6%.
    • International REVPAR -7.8%.
    • WYN +3.1% premarket.
    | Feb. 10, 2015, 8:36 AM
  • Oct. 1, 2014, 1:41 PM
    • Concerns about the Ebola case in Dallas have contributed to a downward swing in hotel stocks
    • The group has been one of the harder hit sectors on the day.
    • Decliners: Starwood Hotels (NYSE:HOT) -3.8%, Hyatt Hotels (NYSE:H) -3.1%, Hilton Worldwide (NYSE:HLT) -1.4%, Diamond Resorts (NYSE:DRII) -3.0%, InterContinental Hotels Group (NYSE:IHG) -2.6%, Wyndham Worldwide (NYSE:WYN) -3.3%, La Quinta (NYSE:LQ) -1.7%, Marriott International (NASDAQ:MAR) -3.5%, Red Lion Hotels (NYSE:RLH) -2.3%, Choice Hotels International (NYSE:CHH) -2.3%.
    • Previous coverage on Ebola impact
    | Oct. 1, 2014, 1:41 PM | 3 Comments
Company Description
Wyndham Worldwide Corp. offers individual consumers and business customers a broad array of hospitality services and products across various accommodation alternatives through its portfolio of brands. It operates through three business segments: Lodging, Vacation Exchange & Rentals, and Vacation... More
Sector: Services
Industry: Lodging
Country: United States