Wyndham Hotels Files 2023 Annual 10-K Report
Ticker: WH · Form: 10-K · Filed: 2024-02-15T00:00:00.000Z
Sentiment: neutral
Topics: annual-report, hotel-industry, financial-filing
Related Tickers: WH
TL;DR
Wyndham Hotels just dropped its 2023 annual 10-K, giving the full rundown on last year's financials and operations.
AI Summary
Wyndham Hotels & Resorts, Inc. filed its annual 10-K report on February 15, 2024, for the fiscal year ended December 31, 2023. This filing, identified by CIK 0001722684, provides a comprehensive overview of the company's operations and financial status. The company's business address is 22 Sylvan Way, Parsippany, NJ 07054. Specific dollar amounts for financial performance were not available in the provided excerpt.
Why It Matters
This annual 10-K filing offers investors and the public a detailed look into Wyndham Hotels & Resorts, Inc.'s financial health, operations, and risks for the fiscal year 2023, crucial for informed investment decisions.
Risk Assessment
Risk Level: medium — As a standard annual report, the 10-K provides a comprehensive financial and operational overview, but the hotel industry faces inherent risks like economic downturns and travel pattern changes.
Key Players & Entities
- WYNDHAM HOTELS & RESORTS, INC. (company) — Filer of the 10-K report
- 05 Real Estate & Construction (organization) — Standard Industrial Classification (SIC) organization name
- DE (state) — State of incorporation
- PARSIPPANY, NJ (company) — Business address location
FAQ
What is the full legal name of the company that filed this 10-K?
The company that filed this 10-K is WYNDHAM HOTELS & RESORTS, INC.
What type of SEC filing is this document?
This document is a Form 10-K.
What is the Conformed Period of Report for this filing?
The Conformed Period of Report is 20231231 (December 31, 2023).
When was this 10-K filed as of?
This 10-K was filed as of February 15, 2024.
What is the business address of Wyndham Hotels & Resorts, Inc.?
The business address is 22 SYLVAN WAY, PARSIPPANY, NJ 07054.
From the Filing
0001722684-24-000006.txt : 20240215 0001722684-24-000006.hdr.sgml : 20240215 20240215134404 ACCESSION NUMBER: 0001722684-24-000006 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 125 CONFORMED PERIOD OF REPORT: 20231231 FILED AS OF DATE: 20240215 DATE AS OF CHANGE: 20240215 FILER: COMPANY DATA: COMPANY CONFORMED NAME: WYNDHAM HOTELS & RESORTS, INC. CENTRAL INDEX KEY: 0001722684 STANDARD INDUSTRIAL CLASSIFICATION: HOTELS & MOTELS [7011] ORGANIZATION NAME: 05 Real Estate & Construction IRS NUMBER: 823356232 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-38432 FILM NUMBER: 24643169 BUSINESS ADDRESS: STREET 1: 22 SYLVAN WAY CITY: PARSIPPANY STATE: NJ ZIP: 07054 BUSINESS PHONE: 973-753-7791 MAIL ADDRESS: STREET 1: 22 SYLVAN WAY CITY: PARSIPPANY STATE: NJ ZIP: 07054 10-K 1 wh-20231231.htm FORM 10-K wh-20231231 false 2023 FY 0001722684 P3Y P3Y P1Y P1Y P1Y P1Y P1Y P1Y P1Y P1Y P1Y P1Y P1Y P1Y http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent http://fasb.org/us-gaap/2023#PropertyPlantAndEquipmentNet http://fasb.org/us-gaap/2023#PropertyPlantAndEquipmentNet http://fasb.org/us-gaap/2023#AccruedLiabilitiesCurrent http://fasb.org/us-gaap/2023#AccruedLiabilitiesCurrent http://fasb.org/us-gaap/2023#Liabilities http://fasb.org/us-gaap/2023#Liabilities http://fasb.org/us-gaap/2023#AccruedLiabilitiesCurrent http://fasb.org/us-gaap/2023#AccruedLiabilitiesCurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent 0001722684 2023-01-01 2023-12-31 0001722684 2023-06-30 iso4217:USD 0001722684 2024-01-31 xbrli:shares 0001722684 wh:RoyaltiesandFranchiseFeesMember 2023-01-01 2023-12-31 0001722684 wh:RoyaltiesandFranchiseFeesMember 2022-01-01 2022-12-31 0001722684 wh:RoyaltiesandFranchiseFeesMember 2021-01-01 2021-12-31 0001722684 wh:MarketingReservationandLoyaltyMember 2023-01-01 2023-12-31 0001722684 wh:MarketingReservationandLoyaltyMember 2022-01-01 2022-12-31 0001722684 wh:MarketingReservationandLoyaltyMember 2021-01-01 2021-12-31 0001722684 wh:HotelManagementServicesMember 2023-01-01 2023-12-31 0001722684 wh:HotelManagementServicesMember 2022-01-01 2022-12-31 0001722684 wh:HotelManagementServicesMember 2021-01-01 2021-12-31 0001722684 wh:LicenseandOtherFeeFromFormerParentMember 2023-01-01 2023-12-31 0001722684 wh:LicenseandOtherFeeFromFormerParentMember 2022-01-01 2022-12-31 0001722684 wh:LicenseandOtherFeeFromFormerParentMember 2021-01-01 2021-12-31 0001722684 wh:OtherProductsandServicesMember 2023-01-01 2023-12-31 0001722684 wh:OtherProductsandServicesMember 2022-01-01 2022-12-31 0001722684 wh:OtherProductsandServicesMember 2021-01-01 2021-12-31 0001722684 2022-01-01 2022-12-31 0001722684 2021-01-01 2021-12-31 0001722684 wh:CostReimbursementsMember 2023-01-01 2023-12-31 0001722684 wh:CostReimbursementsMember 2022-01-01 2022-12-31 0001722684 wh:CostReimbursementsMember 2021-01-01 2021-12-31 iso4217:USD xbrli:shares 0001722684 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-01-01 2023-12-31 0001722684 2023-12-31 0001722684 2022-12-31 0001722684 us-gaap:TrademarksMember 2023-12-31 0001722684 us-gaap:TrademarksMember 2022-12-31 0001722684 wh:FranchiseAgreementsAndOtherIntangibleAssetsMember 2023-12-31 0001722684 wh:FranchiseAgreementsAndOtherIntangibleAssetsMember 2022-12-31 0001722684 2021-12-31 0001722684 2020-12-31 0001722684 us-gaap:CommonStockMember 2020-12-31 0001722684 us-gaap:TreasuryStockCommonMember 2020-12-31 0001722684 us-gaap:AdditionalPaidInCapitalMember 2020-12-31 0001722684 us-gaap:RetainedEarningsAppropriatedMember 2020-12-31 0001722684 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2020-12-31 0001722684 us-gaap:RetainedEarningsAppropriatedMember 2021-01-01 2021-12-31 0001722684 us-gaap:AccumulatedOtherComprehensiveIncomeMembe