And as investment in U.S. manufacturing accelerates, particularly in secondary markets, our existing system and pipeline of select service and extended stay hotels are located in regions where demand is growing. Whether it's in markets driven by the onshoring that new tariffs are creating, whether it's in markets that are beginning to benefit from large infrastructure projects that are finally beginning to break ground from the federal infrastructure bill where allocations are ramping, or whether it's from new private sector investments in large data center projects across the country, Wyndham's portfolio is well positioned to serve the everyday travel that these markets will benefit from in the decade ahead.

Apr 30, 2025 / receipt, needs a key / Jeff Pilotti, CEO | earnings call 2025-04-30 | transcript 132a79d3-e481-4f06-9fb1-a00a69fae412 | chars 6412-7130 | segment 6

So we continue to view the infrastructure spend, that $1.2 trillion bill, as a multi-year tailwind that's going to be driving over $3 billion of gross room revenue to our hotels in 2020. in the next 8 to 10 years.

Apr 30, 2025 / receipt, needs a key / Secretary Lutnick, other | earnings call 2025-04-30 | transcript 132a79d3-e481-4f06-9fb1-a00a69fae412 | chars 44601-44814 | segment 45

With limited reliance on white-collar corporate and group travel, which tends to contract most during economic downturns, our business is anchored by a stable and resilient base of essential frontline blue-collar workers, a guest segment that continues to drive consistent demand even as broader corporate discretionary travel budgets tighten.

Apr 30, 2025 / receipt, needs a key / Jeff Pilotti, CEO | earnings call 2025-04-30 | transcript 132a79d3-e481-4f06-9fb1-a00a69fae412 | chars 4851-5194 | segment 5

And so if we think about the remainder of the year, in the U.S. specifically, we're expecting at the low end that the the rest of the year will perform consistent with the normalized trends we saw in March and April. So that implies about 3% down. And then at the high end, obviously, we are building in some optimism to that, just assuming that there could be potential that those trends were more of just a short-term reaction. to the uncertainty, and as the shock wears off, we would see the improvement that Jeff is talking about. And in addition to the positive momentum he referenced, I would just add we're also seeing Google search volumes up over the last two weeks in April as it relates to hotel and travel-related keywords, again, giving us optimism that consumers are beginning to plan their summer vacations.

Apr 30, 2025 / receipt, needs a key / Michelle, other | earnings call 2025-04-30 | transcript 132a79d3-e481-4f06-9fb1-a00a69fae412 | chars 22733-23555 | segment 23

Hi, Patrick. Sure, yeah, we continue to expect 2025 growth to be in the low-teens range, and there are further growth opportunities beyond 2025, including international expansion and And so we continue to expect it will be higher than low teens in 2026. As it relates to this year and this current rev par environment, I'd say a significant portion of our ancillary revenue is contract-based, which provides a high level of visibility and durability. And then the largest growth driver this year, as you know, is expected to be our co-branded credit card. And the non-contractual piece of our card income is is based on total card spend, not just travel spend, and only about a third comes from the travel category. So I think that makes this fee stream more insulated from REVPAR fluctuations, and we feel really comfortable at this stage and where we're guiding right now from a REVPAR outlook that the ancillary fees will continue to grow in that low-teens range for 25%.

Apr 30, 2025 / receipt, needs a key / Michelle, CFO | earnings call 2025-04-30 | transcript 132a79d3-e481-4f06-9fb1-a00a69fae412 | chars 40646-41620 | segment 41

In EMEA, net rooms increased 5% with over a dozen conversion and more than half a dozen new construction hotels, including our first Wyndham Garden on the Indian subcontinent and Haryana's popular travel destination of Soniput and the Ramada by Wyndham Gaziantep in the sixth most populous city in Turkey.

Feb 13, 2025 / receipt, needs a key / Jeff Bloddy, CEO | earnings call 2025-02-13 | transcript 91f838a5-5efa-4301-9b33-13951d56b9fa | chars 4187-4492 | segment 4

U.S. leisure travel intentions for the next six months have increased year over year across all income brackets, according to MMGY's latest survey, reflecting broad-based confidence in both travel and the overall economy.

Feb 13, 2025 / receipt, needs a key / Jeff Bloddy, CEO | earnings call 2025-02-13 | transcript 91f838a5-5efa-4301-9b33-13951d56b9fa | chars 8736-8957 | segment 8

Now 4,000 of the 40,000 projects across the country that are getting allocated the - infrastructure spending that are around markets where we have multiple hotels in those markets.

Jul 25, 2024 / receipt, needs a key / Michelle, other | earnings call 2024-07-25 | transcript c28f8d01-05b8-45a8-9bb3-6001b0fb1fb1 | chars 46053-46233 | segment 47

It's important to have those tools. especially as we increase our field sales teams to go after those SMEs that you reference. Wyndham Business was a big tool in their hands to help, when they're talking to an account, manage that account's company's travel needs, allowing those planners to have that sort of one-stop solution, allowing them to instantly book without needing to RFP or contact the hotel and allowing them to really, as they go out, leverage those tools with third parties who are contracting really across America for that business.

Jul 25, 2024 / receipt, needs a key / Michelle, other | earnings call 2024-07-25 | transcript c28f8d01-05b8-45a8-9bb3-6001b0fb1fb1 | chars 44896-45446 | segment 46

Well, we are adding a lot to it. We've had a focus on, Meredith, obviously helping companies manage their travel needs and providing discounts. But we're looking to help these planners make it easier to book.

Apr 25, 2024 / receipt, needs a key / Meredith Jensen, other | earnings call 2024-04-25 | transcript 780d480c-c3a7-48f7-b4c2-e903af541396 | chars 51414-51622 | segment 51

As you know, Wyndham is uniquely positioned to benefit from the increased government spending tied to the infrastructure and CHIPS Act. No hotel company has more select service hotels located in the states where infrastructure spending will be concentrated.

Feb 15, 2024 / receipt, needs a key / Michelle Allen, CFO | earnings call 2024-02-15 | transcript d7ea55f0-2040-408d-8fd2-ba7c3ecae114 | chars 19844-20101 | segment 20

When we look at the 2024 budget versus 2023, it really is Echo. But we did see the increase in 2023 versus our budget. And that's where we saw an opportunity to invest more heavily in the business. We did have over 500 hotels that we opened this year. But I would say more importantly, it's the type of hotels we're bringing into the system and the type of hotels that we're bringing into the pipeline. You know that we grew our mid-scan above pipeline another 6% this year. A good part of that is the ability to use key money to attract those hotel owners into the system. We're also getting more exposure to top 25 MSAs. in line with our strategy of increasing our footprint in higher rev par and fee par markets and brands. And so this year we added cities like Chicago, San Diego, Phoenix, for example, and we're able to do that because we're deploying more dollars per key in those high rev par markets.

Feb 15, 2024 / receipt, needs a key / Michelle, CFO | earnings call 2024-02-15 | transcript d7ea55f0-2040-408d-8fd2-ba7c3ecae114 | chars 37334-38242 | segment 38

Covers 65 countries, including 10 without pre-existing WH presence

ir_statement / Sep 16, 2026 / receipt

Global +3% U.S. +3%

ir_statement / Sep 16, 2026 / receipt

Pipeline as a % of current portfolio: 30%

ir_statement / Sep 16, 2026 / receipt

Continued Openings Momentum Focused on Midscale+ and FeePAR Expansion

ir_statement / Sep 16, 2026 / receipt

EMEA/LATAM YOY System Growth

ir_statement / Sep 16, 2026 / receipt

INCREASINGLY MIDSCALE+ PIPELINE

ir_statement / Sep 16, 2026 / receipt

SUSTAINED PIPELINE GROWTH… …PROVIDES RUNWAY TO FURTHER SYSTEM EXPANSION

ir_statement / Sep 16, 2026 / receipt

Cost-efficient prototypes and refresh programs designed to maximize owner ROI

ir_statement / Sep 16, 2026 / receipt

New AI on-property technology tools lower hotel operating costs and drive incremental revenues and direct bookings

ir_statement / Sep 16, 2026 / receipt

delivering more efficient marketing spend for our owners

ir_statement / Sep 16, 2026 / receipt

saving owners millions of dollars in frontline opex

ir_statement / Sep 16, 2026 / receipt

Wyndham Connect helping 5,000+ hotels globally lower owners’ labor costs

ir_statement / Sep 16, 2026 / receipt