WYNDHAM HOTELS RESORTS INC
For the period ended Mar 31, 2024. Filed Apr 25, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed Apr 25, 2024
WH$81.12+1.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Income
(In millions, except per share amounts)
| Three Months Ended March 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Net revenues | ||
| Royalties and franchise fees | $116 | $121 |
| Marketing, reservation and loyalty | 117 | 120 |
| Management and other fees | 2 | 3 |
| License and other fees | 26 | 23 |
| Other | 43 | 41 |
| Fee-related and other revenues | 304 | 308 |
| Cost reimbursements | 1 | 5 |
| Net revenues | 305 | 313 |
| Expenses | ||
| Marketing, reservation and loyalty | 131 | 124 |
| Operating | 19 | 20 |
| General and administrative | 28 | 30 |
| Cost reimbursements | 1 | 5 |
| Depreciation and amortization | 20 | 19 |
| Transaction-related | 41 | — |
| Impairment | 12 | — |
| Restructuring | 3 | — |
| Separation-related | — | 2 |
| Total expenses | 255 | 200 |
| Operating income | 50 | 113 |
| Interest expense, net | 28 | 22 |
| Income before income taxes | 22 | 91 |
| Provision for income taxes | 6 | 24 |
| Net income | $16 | $67 |
| Earnings per share | ||
| Basic | $0.20 | $0.77 |
| Diluted | 0.19 | 0.77 |
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