Wyndham Hotels & Resorts, Inc.

Is Wyndham owned by Marriott or Hilton?
No. Wyndham Hotels & Resorts is an independent public company listed on the NYSE under ticker WH. It competes with Marriott and Hilton but is not owned by either.

Does Wyndham own its hotels?
No. Wyndham is almost entirely a franchiser. Independent owners own and operate the hotels under license, paying royalties and fees to Wyndham for brand use, reservations, and marketing.

What was Wyndham's revenue in 2025?
Wyndham reported fee-related and other revenues of $1.43 billion for fiscal year 2025, up 2 percent. Adjusted EBITDA was $718 million and net income was $193 million, down 33 percent on impairments and higher interest costs.

How many hotels does Wyndham have?
Wyndham has more than 8,300 affiliated hotels with approximately 869,000 rooms in about 100 countries, making it the largest hotel franchising company in the world by number of properties.

What is the difference between Wyndham Hotels and Wyndham Destinations?
They are separate companies created in the 2018 split of Wyndham Worldwide. Wyndham Hotels & Resorts (NYSE: WH) franchises hotel brands. Wyndham Destinations, renamed Travel + Leisure Co., operates timeshare and vacation ownership businesses.

Did Choice Hotels buy Wyndham?
No. Choice Hotels made an unsolicited takeover approach in 2023 and pursued a hostile exchange offer into 2024. Wyndham's board rejected the bid, and Choice abandoned the pursuit in March 2024.

The Wyndham hotel brand was founded in 1981 in Dallas, Texas, by real estate developer Trammell Crow, who created Wyndham Hotel Corporation as an upscale hotel business. The name came from a friend of Crow's wife, a figure associated with the elegance the brand aimed to project.

Through the 1990s and 2000s, the Wyndham brand changed hands several times. It operated as Wyndham International before being acquired by Cendant Corporation in 2005. Cendant, a sprawling conglomerate, had already assembled a massive budget hotel franchise business including Days Inn, Ramada, Super 8, Howard Johnson, and Travelodge through its acquisition of Hospitality Franchise Systems.

In 2006, Cendant split itself apart, and its hotel business became Wyndham Worldwide, which took the Wyndham name for the whole company. Wyndham Worldwide operated three businesses: the hotel franchise group, the timeshare exchange business RCI, and vacation ownership resorts. In 2018, Wyndham Worldwide split into two public companies: Wyndham Hotels & Resorts (the franchise business, NYSE: WH) and Wyndham Destinations, the timeshare company now known as Travel + Leisure Co.

Since the spin-off, Wyndham Hotels has grown its brand count from 20 to 25 through launches and acquisitions, including the 2023 launch of the economy extended-stay brand ECHO Suites and conversion brands like Registry Collection. In 2023, the company defeated an unsolicited $8 billion takeover approach from Choice Hotels, which pursued a hostile bid through 2024 before abandoning it. Wyndham's development pipeline reached a record approximately 2,200 hotels by the end of 2025, with significant growth in extended-stay and international markets.

Wyndham publishes corporate responsibility reporting covering its hotel system's environmental programs, including the Wyndham Green certification program that rates franchisee hotels on energy, water, waste, and operational practices. The program is voluntary for franchisees, which limits system-wide coverage.

The company supports community programs through franchisee engagement and disaster relief, and its corporate offices operate under group environmental targets. Because nearly all emissions occur at franchised properties it does not control, Wyndham's sustainability impact depends heavily on franchisee participation.

Choice Hotels hostile bid (2023-2024): Choice Hotels launched an unsolicited exchange offer for Wyndham, valuing it around $8 billion. Wyndham's board rejected the bid as undervaluing the company and prosecuted the defense successfully; Choice withdrew in March 2024. The episode produced legal and advisory costs that affected 2024 results.

Franchisee litigation: As with most large franchisors, Wyndham faces periodic disputes with franchisees over fees, property improvement requirements, and contract terminations. A 2022 lawsuit by former franchisees over fee practices drew coverage; such disputes are typically resolved through arbitration.

Data security history: Wyndham's corporate predecessor settled FTC charges in 2015 over data breaches affecting hundreds of thousands of customers, a case that established the FTC's authority to police corporate cybersecurity practices.