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Wyndham Worldwide Corp (WYN.N)

WYN.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Wyndham Worldwide announces spin-off hotel company executive leadership team
Monday, 21 Aug 2017 04:01pm EDT 

Aug 21 (Reuters) - Wyndham Worldwide Corp ::Wyndham Worldwide announces spin-off hotel company executive leadership team.  Full Article

RCI announces agreement to acquire DAE
Tuesday, 8 Aug 2017 12:01am EDT 

Aug 8 (Reuters) - RCI-:RCI announces agreement to acquire DAE.RCI - DAE's offices in Australia, New zealand, US and Egypt will become part of RCI upon completion of the acquisition.RCI - Peter Vanderhorst will continue to serve as managing director and lead @Work.RCI - DAE will continue to be led by co-founder Francis Taylor as Managing Director post deal.  Full Article

Wyndham Worldwide Q2 earnings per share $0.75
Wednesday, 2 Aug 2017 04:36pm EDT 

Aug 2 (Reuters) - Wyndham Worldwide Corp :Wyndham Worldwide reports second quarter 2017 results.Q2 earnings per share $0.75.Q2 revenue $1.5 billion versus I/B/E/S view $1.47 billion.Q2 earnings per share view $1.50 -- Thomson Reuters I/B/E/S.Q2 adjusted earnings per share $1.53.Wyndham Worldwide Corp - ‍increases full-year EPS guidance​.Wyndham Worldwide Corp - ‍announces plan to become two publicly traded hospitality companies​.Wyndham Worldwide Corp - ‍ updates adjusted diluted EPS for full year 2017 to approximately $6.04 to $6.24​.Wyndham Worldwide Corp - reiterates FY revenues of approximately $5.80 billion to $5.95 billion.FY2017 earnings per share view $6.18, revenue view $5.86 billion -- Thomson Reuters I/B/E/S.Wyndham Worldwide Corp - ‍ Q2 domestic same-store REVPAR increased 2.8% compared with Q2 of 2016​.Wyndham Worldwide Corp - ‍ in constant currency, Q2 global system-wide, same-store REVPAR increased 3.3%​.  Full Article

Wyndham Worldwide plans to become 2 publicly traded hospitality cos
Wednesday, 2 Aug 2017 04:30pm EDT 

Aug 2 (Reuters) - Wyndham Worldwide Corp ::Wyndham Worldwide announces plan to become two publicly traded hospitality companies.Wyndham Worldwide Corp - plans to spin off company's hotel business resulting in two separate, publicly traded companies.Wyndham Worldwide Corp - ‍company to explore strategic alternatives for european rental brands​.Wyndham Worldwide Corp - two public companies intend to enter into long-term exclusive license agreements.Wyndham Worldwide Corp - public companies will retain wyndham rewards partnership​.Wyndham Worldwide Corp - corporate names of post-spin public companies have not yet been decided.Wyndham Worldwide Corp - ‍wyndham Hotel Group to become pure-play hotel company​.Wyndham Worldwide Corp - transaction, is expected to be tax-free to Wyndham Worldwide and its shareholders.Wyndham Worldwide Corp - ‍geoff Ballotti, current CEO of Wyndham Hotel Group, will continue to lead hotel company as president and CEO​.Wyndham Worldwide - as two separate public companies, vacation ownership company and hotel company will have separate boards of directors.Wyndham Worldwide - ‍Michael Brown, current CEO of Wyndham vacation ownership, will continue to lead timeshare company as president and ceo​.Wyndham Worldwide corp - Holmes will serve as non-executive chairman of board of directors for both companies.Wyndham Worldwide - ‍gail Mandel, CEO of Wyndham destination network, will continue to lead that business through transition​.  Full Article

Wyndham Hotel Group strengthens its midscale bench with acquisition of AmericInn
Tuesday, 18 Jul 2017 12:15pm EDT 

July 18 (Reuters) - Wyndham Worldwide Corp ::Wyndham Hotel Group strengthens its midscale bench with acquisition of AmericInn.Says deal for $170 million.Says upon deal closing, Wyndham's family of brands will expand to 20 names.Says ‍plans to acquire Minnesota-based AmericInn hotel brand, its management co, Three Rivers Hospitality, from Northcott Hospitality​.  Full Article

Wyndham Worldwide Q1 adjusted earnings per share $1.14
Wednesday, 26 Apr 2017 06:30am EDT 

April 26 (Reuters) - Wyndham Worldwide Corp ::Wyndham Worldwide reports first quarter 2017 results.Q1 earnings per share $1.33.Q1 revenue $1.3 billion versus I/B/E/S view $1.32 billion.Q1 earnings per share view $1.10 -- Thomson Reuters I/B/E/S.Q1 adjusted earnings per share $1.14.Wyndham Worldwide Corp- Q1 domestic same-store revpar increased 1.7% compared with Q1 of 2016.Says welcomes Mike Brown as new CEO and president of vacation ownership business.Wyndham Worldwide Corp - qtrly in constant currency, total system-wide same-store revpar increased 2.2%.Reiterates revenues of approximately $5.80 billion to $5.95 billion for FY.Updates adjusted diluted eps to approximately $5.98 to $6.18 for FY.Updates adjusted net income to approximately $631 million to $652 million from $637 million to $658 million for FY.FY 2017 earnings per share view $6.20, revenue view $5.86 billion -- Thomson Reuters I/B/E/S.  Full Article

Wyndham Worldwide Corp CEO Stephen Holmes' FY 2016 total compensation was $10.54 mln - SEC Filing
Wednesday, 29 Mar 2017 04:29pm EDT 

Wyndham Worldwide Corp :Wyndham Worldwide Corp - CEO Stephen Holmes' FY 2016 total compensation was $10.54 million versus $15.0 million in FY 2015 - SEC Filing.  Full Article

Wyndham Worldwide says issued $300 mln aggregate principal amount of 4.150 pct notes due 2024 - SEC filing
Tuesday, 21 Mar 2017 04:32pm EDT 

Wyndham Worldwide Corp : Wyndham Worldwide Corp - issued $300 million aggregate principal amount of 4.150 pct notes due 2024 - SEC filing . Wyndham Worldwide Corp - issued $400 million aggregate principal amount of 4.500 pct notes due 2027 . Wyndham Worldwide Corp - 2024 notes bear interest at rate of 4.150 pct per year payable semi-annually in arrears on April 1 and October 1 of each year .Wyndham Worldwide Corp - 2027 notes bear interest at a rate of 4.500 pct per year payable semi-annually in arrears on April 1 and October 1 of each year.  Full Article

Wyndham Worldwide prices $300 mln of notes due 2024 and $400 mln of notes due 2027
Thursday, 16 Mar 2017 05:57pm EDT 

Wyndham Worldwide Corp : Wyndham worldwide prices $300 million of senior unsecured notes due 2024 and $400 million of senior unsecured notes due 2027 . Wyndham worldwide corp- 2024 notes will bear interest at rate of 4.150% per year and 2027 notes will bear interest at rate of 4.500% per year . Wyndham worldwide corp says 2024 notes were offered to public at a price of 99.818% of principal amount .Wyndham worldwide corp says 2027 notes were offered to public at a price of 99.775% of principal amount.  Full Article

Wyndham Worldwide reports Q2 EPS of $1.39
Wednesday, 27 Jul 2016 06:30am EDT 

Wyndham Worldwide Corp : Wyndham Worldwide reports second quarter 2016 results . Says in constant currency and excluding acquisitions, Q2 revenues increased 1 pct . FY 2016 earnings per share view $5.69, revenue view $5.77 billion -- Thomson Reuters I/B/E/S . Q2 adjusted earnings per share $1.40 . Q2 earnings per share $1.39 . Q2 revenue $1.4 billion versus I/B/E/S view $1.44 billion . Q2 earnings per share view $1.37 -- Thomson Reuters I/B/E/S . Sees FY 2016 adjusted earnings per share about $5.68 to $5.82 .Sees FY 2016 revenue about $5.65 billion to $5.8 billion.  Full Article

BRIEF-Wyndham Worldwide announces spin-off hotel company executive leadership team

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