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WYNDHAM HOTELS & RESORTS ANNOUNCES QUARTERLY CASH DIVIDEND

PARSIPPANY, NJ, 15 August 2024 /PRNewswire/ — Wyndham Hotels & Resorts, Inc. (NYSE: WH) today announced that its Board of Directors will declare a quarterly cash dividend of $0.38 per share on its common stock, payable on September 27, 2024 to shareholders of record as of September 13, 2024.

Wyndham Hotel & Resorts (PRNewsfoto/Wyndham Hotels & Resorts)

About Wyndham Hotels & Resorts
Wyndham Hotels & Resorts (NYSE: WH) is the world’s largest hotel franchise by number of hotels, with approximately 9,200 hotels in more than 95 countries on six continents. With its network of nearly 885,000 rooms designed to appeal to the everyday traveler, Wyndham has a leading presence in the economy and mid-range segments of the lodging industry. The company operates a portfolio of 25 hotel brands, including Super 8®, Days Inn®, Ramada®, Microtel®, La Quinta®, Baymont®, Wingate®, AmericInn®, Hawthorn Suites®, Trademark Collection® and Wyndham®. The company’s award-winning Wyndham Rewards loyalty program offers approximately 110 million registered members the opportunity to redeem points at thousands of hotels, vacation clubs and vacation rentals worldwide. For more information, visit https://investor.wyndhamhotels.com. The Company may use its website and social media channels to publish material non-public information and to comply with its disclosure obligations under Regulation FD. Disclosures of this nature will be published on the Company’s website in the “Investors” section, which is currently accessible at the following address: https://investor.wyndhamhotels.com or on the Company’s social media channels, including the Company’s LinkedIn account, which is currently located at https://www.linkedin.com/company/wyndhamhotelsAccordingly, investors should monitor this section of the Company’s website and the Company’s social media channels, in addition to following the Company’s press releases, filings with the Securities and Exchange Commission and any public conference calls or webcasts.

Forward-looking statements
This press release contains “forward-looking statements” within the meaning of the U.S. securities laws, including statements regarding Wyndham’s quarterly dividend. Forward-looking statements are all statements that are not historical facts, including statements that express management’s expectations about the future based on plans, estimates and projections at the time Wyndham makes the statements, and can be identified by words such as “will,” “expect,” “believe,” “plan,” “anticipate,” “forecast,” “intend,” “goal,” “future,” “forward,” “stay,” “outlook,” “guidance,” “objective,” “target,” “estimate,” “forecast” and similar words or expressions, including the negative of such words and expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause Wyndham’s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. We caution you not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release.

Factors that could cause actual results to differ materially from those in the forward-looking statements include, among others, general economic conditions, including inflation, higher interest rates and potential recessionary pressures; global or regional health crises or pandemics (such as the COVID-19 pandemic), including the resulting impact on Wyndham’s business, operations, financial results, cash flows and liquidity, and the impact on its franchisees, guests and team members, the hotel industry and general demand for travel and travel restrictions; the development of financial and credit markets; the economic environment for the hotel industry; operational risks associated with the hotel franchise business; Wyndham’s relationships with franchisees; the impact of war, terrorist activity, political instability or political unrest, including ongoing conflicts between Russia And Ukraine and between Israel and Hamas; Wyndham’s ability to meet obligations and covenants related to its outstanding indebtedness, including payment of principal and interest and compliance with related covenants; risks related to Wyndham’s ability to obtain financing and the terms of such financing, including access to liquidity and capital; and Wyndham’s ability to make or pay future share repurchases and/or dividends, the plans therefor and the timing and amount of such share repurchases and/or dividends, and the risks described in Wyndham’s most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission and any subsequent reports filed with the Securities and Exchange Commission. These risks and uncertainties are not the only ones Wyndham may face, and additional risks may arise or become material in the future. Wyndham undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, subsequent events or otherwise, except as required by law.

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SOURCE Wyndham Hotels & Resorts

By Bronte

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