Wyndham Hotels & Resorts, Inc. (WH) is a renowned hotel and resort chain that boasts a massive global presence. The company operates, franchises, and manages its hotels under various business models across a multitude of locations. WH is headquartered in Parsippany, New Jersey, USA, providing high-quality, value-oriented hospitality services committed to traveler satisfaction and outstanding customer experience.
The company's journey began in 1981 with the launch of the brand "Wyndham" and has accomplished remarkable growth ever since, becoming the world’s largest hotel franchisor with approximately 9,000 hotels across more than 90 countries on six continents. As of 2021, WH consists of 20 hotel brands, including upscale properties like Wyndham Grand and Dolce Hotels and Resorts, to midscale ones like Ramada, La Quinta, and Wingate, and economy options such as Super 8 and Microtel. These offerings cater to various traveler preferences, whether they are looking for a luxurious resort experience or a comfortable budget option.
In June 2018, Wyndham Hotels and Resorts debuted as an independent, publicly traded company as it divested itself from Wyndham Worldwide Corporation and began operation as WH. The company now trades on the New York Stock Exchange under the ticker symbol "WH."
Amid the diversity and reach, the common thread that holds all Wyndham brands together is their unwavering commitment to delivering great experiences to guests, partners, and communities. Wyndham Hotels & Resorts, Inc. endeavors to make hotel travel possible for all, investing and believing in the democratization of travel.
From a business perspective, Wyndham Hotels & Resorts Inc. offers a unique proposition. They empower local entrepreneurs who desire to capture the dreams of owning their hotel while being a part of a globally recognized brand.
Regarding sustainability, Wyndham is dedicated to reducing its environmental footprint by implementing energy-efficient operations, reducing water usage, and minimizing waste. The company is equally committed to ethical business conduct, embedding responsibility and respect at all levels of operations.
In a nutshell, Wyndham Hotels & Resorts shine as a beacon in the realm of hospitality, offering comfortable stays for travelers, fruitful partnerships for hoteliers, and contributing to a more sustainable world. Despite the challenges posed by the global pandemic, the company looks forward to a resilient future and stays committed to delivering superior returns for shareholders and extraordinary experiences for guests.