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Stock impact report

Wyndham reports record growth, increases dividend [Yahoo! Finance]

Wyndham Hotels & Resorts, Inc. (WH) 
Last wyndham hotels & resorts, inc. earnings: 2/13 06:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
This dividend is scheduled for payment on 31 March 2025 to shareholders recorded by 17 March 2025. Financial performance in 2024 In the fourth quarter of 2024, Wyndham reported a 5% growth in global revenue per available room (RevPAR) compared to the same period in 2023, marking a 400 basis point sequential improvement. The company's system-wide rooms grew by 4% year-over-year, with a record 68,700 rooms opened globally, including nearly 28,000 in the United States. The development pipeline also grew 5% year-over-year to a record 252,000 rooms. Strategic positioning and market trends Wyndham's properties have benefited from their proximity to data center development sites, experiencing nearly 5% growth in RevPAR. This trend is attributed to the increased demand for temporary housing by construction workers and skilled laborers involved in data center projects. The surge in data center construction across the United States has become a significant trend, benefiting Wyndh Show less Read more
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