Wyndham Group declares 6% jump in sales in 2024
Wyndham Group declares 6% jump in sales in 2024
  Economy  |  Tourism  |  Hotels

Wyndham Group declares 6% jump in sales in 2024

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RE+D magazine
13.02.2025

The hotel group Wyndham's sales increased by 6.2% for 2024, reaching $341 million. However, they fell short of Wall Street analysts' expectations, which forecasted $348 million.

According to the company, earnings were $1.04 per share, 5% above analysts' estimates. Adjusted EBITDA amounted to $168 million, compared to analysts' estimates of $167 million.

Adjusted earnings per share for 2025 are estimated at $4.72. The revenue per available room (RevPAR) was $40.01 at the end of the quarter, marking a 2.9% year-on-year increase.

Over the past five years, Wyndham's demand has been weak, and its revenue has decreased by 7.3% year-on-year.