Wyndham Hotels Q1 2024 Update
Ticker: WH · Form: 10-Q · Filed: 2024-04-25T00:00:00.000Z
Sentiment: neutral
Topics: 10-Q, quarterly-report, hospitality, revenue
TL;DR
Wyndham Hotels Q1 2024 revenue breakdown is in, check the numbers.
AI Summary
Wyndham Hotels & Resorts, Inc. filed its 10-Q for the period ending March 31, 2024. The company reported revenues from various segments including Royalties and Franchise Fees, Marketing, Reservation and Loyalty, and Hotel Management Services. Specific dollar amounts for these revenue streams in Q1 2024 and Q1 2023 are detailed within the filing.
Why It Matters
This filing provides insight into Wyndham's revenue performance in the first quarter of 2024, crucial for understanding the company's operational health and market position in the hospitality sector.
Risk Assessment
Risk Level: low — This is a routine quarterly filing providing financial performance data.
Key Numbers
- N/A — Total Revenue (Specific revenue figures for Q1 2024 and Q1 2023 are detailed by segment in the filing.)
- N/A — Royalties and Franchise Fees (This is a key revenue stream for Wyndham, with Q1 2024 and Q1 2023 figures available.)
- N/A — Marketing, Reservation and Loyalty Revenue (This segment's performance for Q1 2024 and Q1 2023 is detailed.)
- N/A — Hotel Management Services Revenue (The filing provides comparative data for this revenue source for Q1 2024 and Q1 2023.)
- N/A — License and Other Fee From Former Parent Revenue (This specific revenue item's figures for Q1 2024 and Q1 2023 are presented.)
Key Players & Entities
- WYNDHAM HOTELS & RESORTS, INC. (company) — Filer
- 20240331 (date) — Period of Report
- 20240425 (date) — Filing Date
FAQ
What were the Royalties and Franchise Fees for Q1 2024?
The filing indicates that for the period January 1, 2024 to March 31, 2024, Wyndham Hotels & Resorts, Inc. reported Royalties and Franchise Fees, with specific amounts detailed in the full report.
How does Q1 2024 Marketing, Reservation and Loyalty revenue compare to Q1 2023?
The 10-Q filing provides comparative data for Marketing, Reservation and Loyalty revenue for the periods January 1, 2024 to March 31, 2024, and January 1, 2023 to March 31, 2023.
What is the revenue from Hotel Management Services in Q1 2024?
Wyndham Hotels & Resorts, Inc. reported Hotel Management Services revenue for the first quarter of 2024, with comparative figures for 2023 available in the filing.
Are there any License and Other Fee From Former Parent revenues in Q1 2024?
Yes, the filing details License and Other Fee From Former Parent revenue for the period January 1, 2024 to March 31, 2024, alongside the prior year's figures.
What are the 'Other Products and Services' revenues for Q1 2024?
The 10-Q provides figures for 'Other Products and Services' revenue for the first quarter of 2024, with a comparison to the same period in 2023.
From the Filing
0001722684-24-000011.txt : 20240425 0001722684-24-000011.hdr.sgml : 20240425 20240425115754 ACCESSION NUMBER: 0001722684-24-000011 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 73 CONFORMED PERIOD OF REPORT: 20240331 FILED AS OF DATE: 20240425 DATE AS OF CHANGE: 20240425 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-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-38432 FILM NUMBER: 24874209 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-Q 1 wh-20240331.htm FORM 10-Q wh-20240331 false 2024 Q1 0001722684 December 31 P1Y P1Y P1Y P1Y P1Y P1Y P1Y P1Y P1Y P1Y P1Y P1Y P1Y P1Y P1Y P1Y P1Y P1Y P1Y P1Y 0001722684 2024-01-01 2024-03-31 0001722684 2024-04-15 xbrli:shares 0001722684 wh:RoyaltiesandFranchiseFeesMember 2024-01-01 2024-03-31 iso4217:USD 0001722684 wh:RoyaltiesandFranchiseFeesMember 2023-01-01 2023-03-31 0001722684 wh:MarketingReservationandLoyaltyMember 2024-01-01 2024-03-31 0001722684 wh:MarketingReservationandLoyaltyMember 2023-01-01 2023-03-31 0001722684 wh:HotelManagementServicesMember 2024-01-01 2024-03-31 0001722684 wh:HotelManagementServicesMember 2023-01-01 2023-03-31 0001722684 wh:LicenseandOtherFeeFromFormerParentMember 2024-01-01 2024-03-31 0001722684 wh:LicenseandOtherFeeFromFormerParentMember 2023-01-01 2023-03-31 0001722684 wh:OtherProductsandServicesMember 2024-01-01 2024-03-31 0001722684 wh:OtherProductsandServicesMember 2023-01-01 2023-03-31 0001722684 wh:FeeRelatedAndOtherRevenuesMember 2024-01-01 2024-03-31 0001722684 wh:FeeRelatedAndOtherRevenuesMember 2023-01-01 2023-03-31 0001722684 wh:CostReimbursementsMember 2024-01-01 2024-03-31 0001722684 wh:CostReimbursementsMember 2023-01-01 2023-03-31 0001722684 2023-01-01 2023-03-31 iso4217:USD xbrli:shares 0001722684 us-gaap:RetainedEarningsAppropriatedMember 2024-01-01 2024-03-31 0001722684 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-01-01 2024-03-31 0001722684 2024-03-31 0001722684 2023-12-31 0001722684 us-gaap:TrademarksMember 2024-03-31 0001722684 us-gaap:TrademarksMember 2023-12-31 0001722684 wh:FranchiseRightsAndOtherIntangibleAssetsMember 2024-03-31 0001722684 wh:FranchiseRightsAndOtherIntangibleAssetsMember 2023-12-31 0001722684 2022-12-31 0001722684 2023-03-31 0001722684 us-gaap:CommonStockMember 2023-12-31 0001722684 us-gaap:TreasuryStockCommonMember 2023-12-31 0001722684 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0001722684 us-gaap:RetainedEarningsAppropriatedMember 2023-12-31 0001722684 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-12-31 0001722684 us-gaap:TreasuryStockCommonMember 2024-01-01 2024-03-31 0001722684 us-gaap:AdditionalPaidInCapitalMember 2024-01-01 2024-03-31 0001722684 us-gaap:CommonStockMember 2024-03-31 0001722684 us-gaap:TreasuryStockCommonMember 2024-03-31 0001722684 us-gaap:AdditionalPaidInCapitalMember 2024-03-31 0001722684 us-gaap:RetainedEarningsAppropriatedMember 2024-03-31 0001722684 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-03-31 0001722684 us-gaap:CommonStockMember 2022-12-31 0001722684 us-gaap:TreasuryStockCommonMember 2022-12-31 0001722684 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 0001722684 us-gaap:RetainedEarningsAppropriatedMember 2022-12-31 0001722684 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-12-31 0001722684 us-gaap:RetainedEarningsAppropriatedMember 2023-01-01 2023-03-31 0001722684 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-01-01 2023-03-31 0001722684 us-gaap:TreasuryStockCommonMember 2023-01-01 2023-03-31 0001722684 us-gaap:AdditionalPaidInCapitalMember 2023-01-01 2023-03-31 0001722684 us-gaap:CommonStockMember 2023-03-31 0001722684 us-gaap:T