Wyndham Cuts Growth Forecast, Hopes for Infrastructure Boom and ‘Short-Lived’ Uncertainty
From Yahoo Finance: 2025-05-01 13:06:00
Wyndham revises revenue projections due to weak March travel demand, expecting 2% decline to 1% growth in global RevPAR for the year. CEO cites improvement in April, optimistic about infrastructure projects boosting hotel demand. Analysts worry about potential recession impact on RevPAR and credit card fees. Despite headwinds, Wyndham’s expansion continues with record room openings and pipeline growth. Hotel stocks performance analyzed in Skift Travel 200 index.
Read more at Yahoo Finance: Wyndham Cuts Growth Forecast, Hopes for Infrastructure Boom and ‘Short-Lived’ Uncertainty