Wyndham Cuts 2025 Forecast After Soft Third Quarter
Photo Credit: A Wyndham corporate sign in front of the New York Stock Exchange. Wyndham
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Wyndham's cut to its forecast is modest, at about 2%. But it's notable that Texas, Florida, and California showed particularly soft results, as well as China, during the third quarter.
Wyndham trimmed its full-year earnings outlook for the second time this year after third-quarter revenue was weaker than expected.
The hotel group said on Wednesday that it now expects adjusted earnings for the year to fall between $715 million and $725 million, down roughly 2% from its guidance in July.
Wyndham forecasts that revenue per available room, or RevPAR, will decline 2% to 3% for the year. That's a sharp revision from its previous forecast, which ranged from a 2
