Wyndham Hotels & Resorts — Jul 22, 2026 release

Table 8 WYNDHAM HOTELS & RESORTS 2026 OUTLOOK As o f July 22, 2026 (In millions, except per share data) 2026 Net revenues $ 1,475 – 1,495 Adjusted EBITDA (a) 735 – 745 Depreciation and amortization expense (b) 36 – 38 Development advance notes amortization expense 35 – 37 Stock-based compensation expense 41 – 43 Interest expense, net 144 – 146 Adjusted income before income taxes 473 – 487 Income tax expense (c) 118 – 122 Adjusted net income $ 355 – 365 Adjusted diluted EPS $ 4.71 – 4.83 Diluted shares (d) 75.4 Capital expenditures $40 – 45 Development advance notes Approx. $110 Free cash flow conversion rate ~55 - 60% Year-over-Year Growth Global RevPAR (e) 0.0% – 1.0% Number of rooms (f) 4.0% – 4.5% (a)     Includes the effects of the deferral of $12 million of royalties and franchise fees from Revo and the inclusion of $15 million of previously disclosed one-time variable cost reductions made in 2025; excluding which comparable basis growth rates would be 5% - 7%. (b)     Excludes amortization of acquisition-related intangible assets of approximately $25 million. (c)     Outlook assumes an effective tax rate of approximately 25%. (d)     Excludes the impact of any share repurchases after June 30, 2026. (e)     Represents constant currency basis; on a reported basis, which includes foreign currency impacts, would be 0.0% - 1.0%. The Company's prior outlook for second half domestic RevPAR of 0% has been increased to ~2% in the Company's updated outlook. (f) Excludes any potential room ter