Wyndham Hotels and Resorts Is Generating Underlying Growth [MSN Money]
WYNDHAM DESTINATIONS INC (WYND)
Last wyndham destinations inc earnings: 2/26 06:30 am
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Source: MSN Money
Wyndham Hotels and Resorts Is Generating Underlying Growth After Its La Quinta Purchase Global hotel franchisor Wyndham Hotels and Rorts (WH) Wyndham Dtinations succsive days So far, the transformation appears to be a succs, as La Quinta's roughly 900 franchised mid-scale hotels have helped lift Wyndham's average daily rat (ADR), while Wyndham continu to increase the scale and revue pottial of its original franchised brands. Below, we'll review fourth-quarter 08 rults, released on Wednday, for perspective on Wyndham's first few months as a significantly altered organization. (Note that in the discussion that follows, all comparable numbers refer to the prior-year quarter, the fourth quarter of 07.) Wyndham: The raw numbers Metric Q 08 Q 07 Growth (YOY) Revue $7 million $ million 68.9% Net income $ million $9 million (.%) Diluted earnings per share $0. $0.9 Data source: Wyndham Hotels and Rorts. YOY = year over year. What happed this quarter? © Getty Imag Removing $98 million in increm
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