Wyndham Reports Sharp Drop In RevPAR, Cuts Full-Year Outlook

One of the world’s largest hotel chains reported a 5% drop in revenue per available room in the third quarter due to softer demand for rooms in Texas, California and Florida.

Wyndham Hotels & Resorts also reduced its outlook on its adjusted net income to between $347M and $358M for 2025, down from its previous guidance of between $358M and $372M, according to a press release.

The company also reduced its 2025 RevPAR outlook to a 2% to 3% loss. Its previous Q3 outlook had predicted a range of a 1% gain to a 2% loss, according to the release.

Wyndham's RevPAR also fell by 10% in China and 5% in Latin America.

Pricing increases drove RevPAR gains of 8% in Canada and 4% in Europe, the Middle East and Africa, the hotel chain reported.

Despite the drop in hotel fundamentals, Wyndham continued to churn out new rooms, adding more than 32,000 globally in Q3.

Overall, Wyndham reported $105M in net income in the third quarter, up from $102M in the same period last year.

Wyndham CEO Geoff Ballotti highlighted the promise of growth for the chain's outlook in 2026. 

“Amid a challenging macro backdrop, we delivered record year-to-date organic room openings, grew our global pipeline to another all-time high, and achieved double-digit growth in ancillary revenues,” Ballotti said in the statement. “We’re positioning Wyndham for sustained growth and value creation well into 2026 and beyond.”

In the second quarter, Wyndham was among many hotel chains with declining RevPAR. Overall U.S. RevPAR slid 0.1% year-over-year, Hotel Dive reported, citing data from CoStar’s STR division.

Hilton Worldwide Holdings, while reporting a revenue jump of 8.8% year-over-year, saw its Q3 RevPAR fall by 1.1% due to modest occupancy and average daily room rate declines, the company reported Wednesday.