Wyndham Hotels & Resorts announced strong fourth-quarter and full-year 2024 results on February 12, 2025, reporting 4% net rooms growth and 7% comparable adjusted EBITDA growth for the full year. The company's global system grew 4%, with notable 4% growth in higher RevPAR midscale and above segments in the U.S.
The global development pipeline reached a new record of approximately 2,100 hotels and 252,000 rooms, a 5% year-over-year increase. Wyndham also achieved a record franchisee retention rate of 95.7%, an increase of 10 basis points year-over-year. Fourth-quarter global RevPAR increased 5% in constant currency, with U.S. RevPAR up 5% and international RevPAR up 6%.
For the full year 2024, adjusted free cash flow was $397 million, and the company returned $430 million to shareholders through share repurchases and dividends. The Board of Directors authorized an 8% increase in the quarterly cash dividend to $0.41 per share, effective with the first quarter 2025 dividend.
Wyndham provided its full-year 2025 outlook, projecting year-over-year rooms growth of 3.6% to 4.6% and global RevPAR growth of 2% to 3% in constant currency. Adjusted EBITDA is expected to be between $745 million and $755 million, with adjusted diluted EPS projected in the range of $4.66 to $4.78.
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