Wyndham Worldwide (WYN) Q1 2018 Results - Earnings Call Transcript

Wyndham Worldwide Corp. (WYN) Q1 2018 Earnings Call May 2, 2018 8:30 AM ET

Executives

Margo C. Happer - Wyndham Worldwide Corp.
Stephen P. Holmes - Wyndham Worldwide Corp.
David B. Wyshner - Wyndham Worldwide Corp.
Geoffrey A. Ballotti - Wyndham Hotel Group LLC
Michael Dean Brown - Wyndham Vacation Ownership, Inc.
Michael A. Hug - Wyndham Vacation Ownership, Inc.

Analysts

Joseph R. Greff - JPMorgan Securities LLC
Stephen Grambling - Goldman Sachs & Co. LLC
Patrick Scholes - SunTrust Robinson Humphrey, Inc.
Ian Zaffino - Oppenheimer & Co., Inc.
Harry C. Curtis - Nomura Instinet
Jared Shojaian - Wolfe Research LLC
Dan Wasiolek - Morningstar, Inc. (Research)
Edward Engel - Macquarie Capital (USA), Inc.
David Hargreaves - Stifel Financial

Operator

Welcome to the Wyndham Worldwide First Quarter 2018 Earnings Conference Call. Currently, all phone lines are in listen-only mode. Later, there'll be an opportunity to ask questions during a question-and-answer session. Today's conference is being recorded. If you have any objections, you may disconnect at this time.

I will now turn the call over to Margo Happer, Senior Vice President of Investor Relations.

Margo C. Happer - Wyndham Worldwide Corp.

Good morning. Thank you for joining us. With me today are Steve Holmes, our CEO; and David Wyshner, our CFO. I'm also pleased to announce that we have two additional speakers today, Geoff Ballotti, CEO of Wyndham Hotel Group; and Mike Brown, CEO of our Wyndham Vacation Ownership business. In addition, Mike Hug, CFO of Wyndham Vacation Ownership, is with us and will participate in the Q&A session.

Before we get started, I want to remind you that our remarks today contain forward-looking statements. These statements are subject to risk factors that may cause our actual results to differ materially from those expressed or implied. These risk factors are discussed in detail