Wyndham Hotels & Resorts has reported resilient full-year 2025 results, driven by record system growth and pipeline expansion, even as RevPAR declined across key markets.
The company posted 4% global net room growth during the year, opening a record 72,000 rooms. Its development pipeline reached an all-time high of 259,000 rooms across approximately 2,200 hotels, with nearly 70% concentrated in midscale and above segments and 17% in extended stay formats.
For full-year 2025, adjusted EBITDA rose 3% year-on-year to $718 million, while adjusted net income increased 2% to $353 million. Adjusted diluted EPS grew 6% to $4.58. However, reported net income declined 33% to $193 million, primarily due to impairment charges linked to the insolvency of Revo Hospitality Group and write-downs related to the Vienna House brand.
Revenue per available room (RevPAR) remained under pressure. Fourth-quarter global RevPAR fell 6%, with the U.S. down 8% and international markets down 1%. For the full year, global RevPAR declined 3%, reflecting continued softness in the U.S. market and a 10% drop in China. Gains in EMEA (+7%) and Latin America (+6%) partially offset the weakness.
Wyndham returned $393 million to shareholders through dividends and share repurchases, and announced a 5% increase in its quarterly dividend beginning Q1 2026.
The company said it will focus on stabilising U.S. performance while leveraging international growth and new construction momentum in 2026.
