Wyndham Hotels & Resorts — Oct 22, 2025 release

Table 8 WYNDHAM HOTELS & RESORTS 2025 OUTLOOK As o f October 22, 2025 (In millions, except per share data) The Company is updating its full year outlook as follows: 2025 Outlook Fee-related and other revenues $ 1,425 – 1,445 Adjusted EBITDA 715 – 725 Depreciation and amortization expense (a) 35 – 37 Development advance notes amortization expense 31 – 33 Stock-based compensation expense 42 – 44 Interest expense, net 138 – 140 Adjusted income before income taxes 463 – 477 Income tax expense (b) 116 – 119 Adjusted net income $ 347 – 358 Adjusted diluted EPS $ 4.48 – 4.62 Diluted shares (c) 77.5 Capital expenditures $40 – 45 Development advance notes Approx. $110 Adjusted free cash flow conversion rate ~57% Year-over-Year Growth Global RevPAR (d) (3%) – (2%) Number of rooms 4.0% – 4.6% (a)     Excludes amortization of acquisition-related intangible assets of approximately $27 million. (b)     Outlook assumes an effective tax rate of approximately 25%. (c)     Excludes the impact of any share repurchases after September 30, 2025. (d)     Represents constant currency basis; on a reported basis, which includes foreign currency impacts, would be (4%) - (3%). To assist with modeling, each 1% change in RevPAR equates to an approximate $10 million impact to fee-related and other revenues and $4 million to adjusted EBITDA. The impact of changes in RevPAR on the Company’s marketing funds does not typically affect adjusted EBITDA as those impacts are generally offset with related cost reductions. However, when RevPAR softens sharply later in the year, that relationship becomes more d