Wyndham Hotels & Resorts reported third-quarter net revenues of $410 million, up 7%, and adjusted EBITDA of $207 million, up 5% on a comparable basis. Adjusted diluted EPS rose 9% to $1.43, helped by EBITDA growth and $91 million of share repurchases in the quarter. US RevPAR grew 6%, and global RevPAR rose 2% in constant currency, while RevPAR fell 10% in China and 13% in the Middle East. The company raised the low end of its full-year net revenue guidance to $1.48–$1.50 billion, set adjusted EBITDA guidance at $740–$745 million, and reported a record global pipeline of 264,000 rooms.
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