Wyndham Hotels & Resorts — Feb 12, 2025 release
Fiscal 2024 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001722684-25-000003
Showing in the filing
Adjusted diluted EPS
“$4.66 - $4.78”
Period
FY2025
Measure
Company-defined measure
Source
Guidance table
All guidance in this release · 25
Quarterly cash dividend increase for Q1 FY2025
“$0.41 per share”
Net debt leverage ratio target range for the long term
“3 to 4 times”
Fee-related and other revenues for FY2025
“$1.49 - $1.51 billion”
Adjusted EBITDA for FY2025
“$745 - $755 million”
Adjusted net income for FY2025
“$369 - $379 million”
Adjusted diluted EPS for FY2025
“$4.66 - $4.78”
Free cash flow conversion rate for FY2025
“57% - 60%”
Year-over-year global RevPAR growth (reporte… for FY2025
“0.5% - 1.5%”
Marketing fund revenues vs. expenses for FY2025
“continues to expect marketing fund revenues to equal expenses”
Adjusted EBITDA (a) for FY2025
“745 – 755”
Depreciation and amortization expense (b) for FY2025
“39 – 41”
Development advance notes amortization expense for FY2025
“32 – 34”
Stock-based compensation expense for FY2025
“42 – 44”
Interest expense, net for FY2025
“134 – 136”
Adjusted income before income taxes for FY2025
“492 – 506”
Income tax expense (c) for FY2025
“123 – 127”
Diluted shares (d) for FY2025
“79.2”
Capital expenditures for FY2025
“$40 – 45”
Development advance notes for FY2025
“Approx. $110”
Global RevPAR (e) for FY2025
“2% – 3%”
Year-over-year global RevPAR growth (constan… for FY2025
“2% - 3%”
Number of rooms for FY2025
“3.6% – 4.6%”
Year-over-year rooms growth for FY2025
“3.6% - 4.6%”
Adjusted EBITDA generated in first quarter for Q1 FY2025
“roughly 20% of its adjusted EBITDA in the first quarter”
Effective tax rate assumption for FY2025
“approximately 25%”
Exhibit 99.1 · the passage around this item
… earlier in the release
Outlook The Company provided the following outlook for full-year 2025: 2025 Outlook Year-over-year rooms growth 3.6% - 4.6% Year-over-year global RevPAR growth (a) 2% - 3% Fee-related and other revenues $1.49 - $1.51 billion Adjusted EBITDA $745 - $755 million Adjusted net income $369 - $379 million Adjusted diluted EPS $4.66 - $4.78 Free cash flow conversion rate 57% - 60% (a) Represents constant currency basis; on a reported basis, which includes foreign currency impacts, would be 0.5% - 1.5%. The Company continues to expect marketing fund revenues to equal expenses during full-year 2025 though seasonality of spend will affect the quarterly comparisons throughout the year. More detailed projections are available in Table 8 of this press release. The Company is providing certain financial metrics only on a non-GAAP basis because, without unreasonable efforts, it is unable to predict with reasonable certainty the occurrence or amount of all of the adjustments or other potential adjustments that may arise in the future during the forward-looking period, which can be dependent on future events that may not be reliably predicted. Based on past reported results, where one or more of these items have been applicable, such excluded items could be material, individually or in the aggregate, to the reported results. Conference Call Information Wyndham Hotels will hold a conference call with investors to discuss the Company’s results and outlook on Thursday, February 13, 2025 at 8:30 a.m. ET. Listeners can access t
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other guidance in this release
Text is the filed exhibit, verbatim.