Revenue: As of FY2026 Q1, the actual value is USD 327 M, beating the estimate of USD 322.04 M.EPS: As of FY2026 Q1, the actual value is USD 0.8, missing the estimate of USD 0.8135.EBIT: As of FY2026 Q1, the actual value is USD 114 M.<h4>Segment Revenue</h4>Consolidated net revenues for Wyndham Hotels &amp; Resorts, Inc. increased by $11 million, or 3%, to $327 million for the three months ended March 31, 2026, compared to $316 million in the prior-year period. This increase was primarily driven by $15 million in higher ancillary revenues, $6 million in higher marketing, reservation, and loyalty revenues, and $2 million in higher management and other fees, which included revenue from two newly owned hotels acquired in connection with Revo. These gains were partially offset by a $12 million decrease in royalty and franchise fees, mainly due to lower franchise fees and the deferral of fees from Revo.<h4>Operational Metrics</h4><ul><li>Operating Income: Consolidated operating income for the three months ended March 31, 2026, was $114 million, a 2% increase from $112 million in the prior-year period.</li><li>Net Income: Consolidated net income remained flat at $61 million for both the three months ended March 31, 2026, and March 31, 2025.</li><li>Adjusted EBITDA - Hotel Franchising Segment: Adjusted EBITDA for the Hotel Franchising segment increased by $13 million, or 8%, to $174 million for the three months ended March 31, 2026, from $161 million in the prior-year period.</li><li>Adjusted EBITDA - Corporate: Corporate adjusted EBITDA was - $18 million for the three months ended March 31, 2026, compared to - $16 million in the prior-year period, representing an unfavorable change of $2 million, or -13%.</li><li>Adjusted EBITDA - Total Company: Total Company Adjusted EBITDA increased by $11 million, or 8%, to $156 million for the three months ended March 31, 2026, from $145 million in the prior-year period.</li><li>Rooms: As of March 31, 2026, total rooms grew 4% year-over-year to 869,300, with flat growth in the U.S. (500,700 rooms) and 9% growth internationally (368,600 rooms).</li><li>RevPAR: Global RevPAR for the three months ended March 31, 2026, was $38.53, remaining flat year-over-year. U.S. RevPAR was $42.25, also flat, while International RevPAR increased by 3% to $33.69. Excluding currency effects, international and global RevPAR decreased by 1%.</li><li>Average Royalty Rate: The global average royalty rate was 3.9% for the three months ended March 31, 2026, a decrease of 14 basis points year-over-year. The U.S. average royalty rate was 4.8% (down 1 bp), and the international average royalty rate was 2.4% (down 20 bps).</li></ul><h4>Cash Flow</h4><ul><li>Cash Flow from Operating Activities: Net cash provided by operating activities decreased by $17 million to $42 million for the three months ended March 31, 2026, compared to $59 million in the prior-year period.</li><li>Cash Flow from Investing Activities: Net cash used in investing activities decreased by $52 million to - $7 million for the three months ended March 31, 2026, compared to - $59 million in the prior-year period.</li><li>Cash Flow from Financing Activities: Net cash used in financing activities decreased by $45 million to - $20 million for the three months ended March 31, 2026, compared to - $65 million in the prior-year period.</li></ul><h4>Future Outlook and Strategy</h4>Wyndham Hotels &amp; Resorts, Inc. approved a restructuring plan in Q1 2026, commencing in Q2 2026, which is expected to incur $8 - $10 million in costs during 2026 and yield approximately $5 million in annualized savings. The company projects total capital expenditures of approximately $40-45 million for 2026, primarily for information technology and digital innovation, and plans to invest approximately $110 million in development advance notes for 2026 to attract high FeePAR hotels and strengthen its portfolio. As of March 31, 2026, $223 million remained under its stock repurchase program, and the company expects to maintain a regular dividend payment.

Wyndham Hotels & Resorts | 10-Q: FY2026 Q1 Revenue Beats Estimate at USD 327 M