Wyndham Adds 25th Brand, Hybrid of Hotels and Short-Term Rentals [Yahoo! Finance]
Wyndham Hotels & Resorts, Inc. (WH)
Last wyndham hotels & resorts, inc. earnings: 2/13 06:30 am
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Source: Yahoo! Finance
WaterWalk stands out from other hotel brands in that it lets owners sell a mix of rooms, with about 60% marketed as extended-stay hotel rooms and about 40% marketed as short-term rentals. Wyndham didn't disclose whether it had outright acquired WaterWalk, a portfolio of 11 extended-stay properties, or what other financial or licensing arrangement might be involved in the deal. WaterWalk is a Wichita-based company that in 2014 created the hybrid hotel and apartment brand, which offers one-, two- and three-bedroom units that are either furnished or unfurnished upon rental. WaterWalk's early partner was Rockford Development Group, which developed eight WaterWalk franchises in San Antonio, Dallas, Austin, and Denver at a cost of roughly $150 million . In 2015, it signed a $100 million deal with UK-based private equity real estate firm, Henley , to build five WaterWalk sites in other U.S. locations. In 2021, an undisclosed global investment management took a significant stake For
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News
- Wyndham renews partnership with hospitality tech provider Sabre [Yahoo! Finance]Yahoo! Finance
- Wyndham Hotels: Staying Bullish On Q1 Earnings Beat And Positive Outlook [Seeking Alpha]Seeking Alpha
- Wyndham Hotels & Resorts, Inc. (NYSE: WH) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Wyndham Hotels & Resorts, Inc. (NYSE: WH) had its price target raised by analysts at Barclays PLC from $87.00 to $88.00. They now have an "overweight" rating on the stock.MarketBeat
- Wyndham Hotels & Resorts, Inc. (NYSE: WH) had its price target raised by analysts at Robert W. Baird from $86.00 to $88.00. They now have an "outperform" rating on the stock.MarketBeat
WH
Earnings
- 4/24/24 - Beat
WH
Sec Filings
- 5/2/24 - Form 144
- 4/30/24 - Form 4
- 4/30/24 - Form 4
- WH's page on the SEC website