WH Wyndham Hotels & Resorts (WH) Q2 FY26 earnings call
Wyndham Hotels & Resorts delivered a strong Q2 FY26, marked by record development pipeline growth and better-than-expected U.S. RevPAR, which grew 2%. The company saw comparable adjusted EBITDA and EPS growth of 3%, driven by lower G&A and higher ancillary revenues. While international RevPAR faced headwinds from the Middle East and the Revo portfolio, management remains optimistic about the second half, supported by resilient domestic leisure and business travel demand and ongoing technology initiatives.
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WH operating KPIs by quarter
| KPI | Mar 2026 Q1 FY26 | This call Jun 2026 Q2 FY26 | Sep 2026 Q3 FY26 | Change vs prior quarter |
|---|---|---|---|---|
| Development pipeline rooms | 259K+Our development momentum continued with net room growth of 4% and a pipeline which increased for the 23rd consecutive quarter to a record of over 259,000 rooms.Source: earnings call transcript | ~261KWe drove sequential net room growth, both domestically and internationally, and we expanded our development pipeline to a record of approximately 261,000 rooms with a FeePAR premium approximately 30% higher than our existing domestic and international systems.Source: earnings call transcript | ~264KOur development pipeline grew for the 25th consecutive quarter to a record of approximately 264,000 rooms across nearly 70 countries with a PPAR premium of approximately 30%, both domestically and internationally reflecting our strategy of adding hotels and higher chain scales and in geographies and markets with stronger long-term economics.Source: earnings call transcript | — |
| Loyalty program members | 124MGlobal membership enrollments grew another 10% year-over-year and the collective length of stay for our 124 million members grew by 6%.Source: earnings call transcript | 126M+Global membership enrollments grew another 9% year-over-year to a membership base of over 126 million members.Source: earnings call transcript | ~129MGlobal enrollments grew 10% year-over-year, bringing total membership to approximately 129 million members.Source: earnings call transcript | — |
| Rooms Openings | — | <18KWe're very pleased to report another strong quarter where we opened a record of nearly 18,000 rooms, 7% more rooms than we opened last year.Source: earnings call transcript | 18K+We opened over 18,000 rooms in the quarter or 3% more than we opened in the third quarter of last year.Source: earnings call transcript | — |
| Properties Days Inn China | — | 150And in China, we once again delivered double-digit net room growth for our direct franchising system and 13% net room growth across all of Mainland China with a record-breaking performance for our Days Inn brand, which after adding 8 spectacular direct franchise hotels in the first quarter, opened another 19 Days hotels in the second, including so many upscale new construction direct franchise agreements like the Days Hotel by Wyndham, Bortala Jinhe, our 150th Days now open in China.Source: earnings call transcript | 177We opened 16 new Days Hotels, bringing this former master license brand to 177 directly franchised hotels, nearly triple the size or a 17% compounded annual growth rate since 2019.Source: earnings call transcript | +18% |
| Capital expenditures Development advances | — | $28MDevelopment advance spend totaled $28 million in the second quarter.Source: earnings call transcript | $18MDevelopment advanced spend totaled $18 million in the third quarter reflecting our consistent and disciplined approach to investing in higher PPAR hotels that enhance the quality of our portfolio and drive long-term adjusted EBITDA growth.Source: earnings call transcript | -35.7% |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.