Wyndham Hotels & Resorts Inc


WH

Price

83.85


Change

1.93


High

85.78


Low

82.7


Avg Volume

607,404


PE Ratio

41.72


52 Week High

91.41


52 Week Low

56.04



Profile

Wyndham Hotels and Resorts is an international hotel and resort chain based in the United States. It has locations in China, Canada, Mexico, Colombia, Panama, Armenia, Ecuador, Turkey, Germany, the UK, the Caribbean, the UAE, Indonesia, India, Saudi Arabia and Margarita Island in Venezuela. On June 1, 2018, Wyndham Worldwide spun-off Wyndham Hotels & Resorts as its own company, and Wyndham Worldwide was renamed Wyndham Destinations. As of December 31, 2019, it has 9,280 hotels, including two that are owned by the company. Wyndham Hotel Corporation was founded in 1981 in Dallas, Texas, by Trammell Crow, the president of Trammel Crow Company . The company appears to have been named after a friend of Crow's, a woman named Wyndham Robertson, who wrote a profile of him for Fortune. As the company grew, it eventually merged with a hotel REIT called Patriot American Hospitality . Patriot American organized the combined company as a paired-share REIT, in which Patriot owned the real estate assets and leased the hotels to Wyndham to run. In 1999, Patriot merged with Wyndham Hotels, forming a single company under the Wyndham name and dropping its REIT status.


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