Wyndham Grows Development Pipeline by 11% and Global RevPAR by 12%
Geoffrey A. Ballotti, president and chief executive officer “Our impressive first quarter results demonstrate continued momentum with global RevPAR growth of 12%, net room growth of 4% and the 11th consecutive quarter of sequential growth in our development pipeline. We outperformed our adjusted EBITDA expectations, leading us to raise our full-year outlook as a result. With our seasonally strongest summer season on the horizon and no signs of slowdown in our middle-income guests’ desire to spend on travel, we’re enthusiastic about the opportunities that lie ahead and our ability to deliver outstanding value to our shareholders, guests, franchisees and team members.”- Link Directly to source: Wyndham Hotels & Resorts Reports Strong First Quarter 2023 Results
The Team
at LEADING HOTELIERS NETWORK / JOBLEAD SERVICE
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