News about hotels

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.

Wyndham Hotels & Resorts reported third-quarter 2026 net revenues up 7% to $410 million and raised its full-year 2026 outlook for RevPAR, adjusted EBITDA and EPS. Global RevPAR grew 2% in constant currency and U.S. RevPAR rose 6%, while system-wide rooms grew 4% excluding Revo. Net income fell 6% to $99 million and adjusted EBITDA fell 3% to $207 million, though on a comparable basis adjusted EBITDA rose 5%; diluted EPS was $1.33. The company returned $123 million to shareholders, including $91 million in buybacks, and its board approved a $400 million increase in the share repurchase authorization. Management attributed the results to its asset-light, cash-generative business model.

On October 14, CareerViet announced its 2026 Favorite Employers rankings, in which Vinpearl JSC placed first among large companies in the top 100 and first in the tourism and hospitality sector. The results are based on a survey of more than 82,000 employees who voted for 7,301 companies across 30 industries nationwide, a non-profit programme run by CareerViet with market research firm Amco Vietnam for 13 years. Vinpearl operates 67 facilities in 20 provinces and cities, including 36 five-star hotels and resorts, 17 VinWonders theme parks, 7 golf courses and 5 conference centers. Recently, valuation firm Brand Finance named Vinpearl the world's strongest hotel brand, with a brand strength index of 95.4 out of 100 and an AAA+ rating, and its brand value rose 86% to US$381 million, placing it in the global top 50 hotel brands for the first time.