WYNDHAM HOTELS & RESORTS, INC. — Form 8-K

Wyndham Hotels reported Q2 2026 net income of $102M (vs. $87M YoY) and adjusted EBITDA of $212M (9% growth; 3% on comparable basis). System-wide rooms grew 4% YoY ex-Revo to 853,600 rooms; development pipeline reached record 261,000 rooms. The company raised full-year 2026 guidance: global RevPAR 0-1% (prior: -1% to +1%), net revenues $1,475-1,495M (prior: $1,470-1,500M), adjusted EBITDA $735-745M (prior: $730-745M). Major headwind: European franchisee Revo filed for insolvency, forcing deferral of $12M in royalties/fees and removal of ~20K rooms from system. Wyndham took possession of two Revo hotels ($15M EBITDA contribution). Returned $86M to shareholders ($54M buybacks, $32M dividends at $0.43/share).