PARSIPPANY, N.J., Nov. 13, 2019 /PRNewswire/ -- Wyndham Hotels
& Resorts, Inc. (NYSE: WH) announced today its Board of
Directors declared a quarterly cash dividend of $0.29 per share on its common stock, payable
December 30, 2019 to shareholders of
record as of December 13, 2019.
About Wyndham Hotels & Resorts
Wyndham Hotels
& Resorts (NYSE: WH) is the world's largest hotel franchising
company, with over 9,200 hotels across more than 80 countries on
six continents. Through its network of approximately 822,000
rooms appealing to the everyday traveler, Wyndham commands a
leading presence in the economy and midscale segments of the
lodging industry. The Company operates a portfolio of 20 hotel
brands, including Super 8®, Days Inn®, Ramada®, Microtel Inn &
Suites®, La Quinta®, Baymont®, Wingate®, AmericInn®, Hawthorn
Suites®, The Trademark Collection®, and Wyndham®. Wyndham Hotels
& Resorts is also a leading provider of hotel management
services, with more than 400 properties under management. The
Company's award-winning Wyndham Rewards loyalty program offers over
79 million enrolled members the opportunity to redeem points at
thousands of hotels, vacation club resorts and vacation rentals
globally. For more information, visit www.wyndhamhotels.com.
Forward-Looking Statements
Certain statements in
this press release may constitute "forward-looking
statements" within the meaning of U.S. federal securities
laws, including statements related to our quarterly
dividend. These statements are made on the basis of our
views and assumptions regarding future events and business
performance as of the time the statements are made. Management does
not undertake any obligation to update these statements. Actual
results may differ materially from those expressed or
implied. Such differences may result from actions taken by
Wyndham Hotels, including restructuring or strategic initiatives;
risks related to our spin-off as a newly independent company; risks
related to the acquisition and integration of La Quinta and our
relationship with CorePoint Lodging; risks related to
the timing and amount of future share repurchases and
dividends as well as the risks set forth in Wyndham
Hotels' most recent Annual Report on Form 10-K
and subsequent reports filed with the Securities and Exchange
Commission.
Contacts:
|
|
Investors:
|
Media:
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Matt
Capuzzi
|
Dave
DeCecco
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Vice President,
Investor Relations
|
Group Vice President,
Global Communications
|
973
753-6453
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973
753-7474
|
ir@wyndham.com
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WyndhamHotelsNews@wyndham.com
|
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SOURCE Wyndham Hotels & Resorts