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Wyndham Hotels & Resorts (FRA:2WY) Average Occupancy Rate % : 0.00% (As of . 20)


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What is Wyndham Hotels & Resorts Average Occupancy Rate %?

Average Occupancy Rate % is the percentage of occupied rooms in the property at a given time. It measures the ratio of occupied to total usable rental space. For hotel hospitality industry, a higher occupancy rate is better.

The historical rank and industry rank for Wyndham Hotels & Resorts's Average Occupancy Rate % or its related term are showing as below:

FRA:2WY's Average Occupancy Rate % is not ranked *
in the Travel & Leisure industry.
Industry Median:
* Ranked among companies with meaningful Average Occupancy Rate % only.

Wyndham Hotels & Resorts Average Occupancy Rate % Historical Data

The historical data trend for Wyndham Hotels & Resorts's Average Occupancy Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Wyndham Hotels & Resorts Average Occupancy Rate % Chart



Wyndham Hotels & Resorts  (FRA:2WY) Average Occupancy Rate % Calculation

Average Occupancy Rate % is calculated as

Average Occupancy Rate %=Number of Occupied Rooms / Number of Available Rooms * 100%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Wyndham Hotels & Resorts  (FRA:2WY) Average Occupancy Rate % Explanation

Average Occupancy Rate % is the percentage of occupied rooms to the total amount of available rooms in the hotel at a given time. It is one of the most high-level indicators of the hotel business, providing an indication of anticipated cash flows.

For hotel business, a higher occupancy rate is better. Hotels with low occupancy rates often have worse profitability than similar properties with high occupancy rates, since they have to spend time and money to find additional guests and face the risk of not making money but still having to pay maintenance costs and taxes. In some cases, a low occupancy rate indicates inefficient hotel management.

Applying length of stay (LOS) restrictions is the best way to increase the occupancy rate. Hotels can also improve their occupancy rate by improving the service or investing in advertisement. However, the occupancy rate is also decided by the location of the hotel and the season.


Wyndham Hotels & Resorts Average Occupancy Rate % Related Terms

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Wyndham Hotels & Resorts (FRA:2WY) Business Description

Traded in Other Exchanges
Address
22 Sylvan Way, Parsippany, NJ, USA, 07054
As of Dec. 31, 2022, Wyndham Hotels & Resorts operates 843,000 rooms across more than 20 brands predominantly in the economy and midscale segments. Super 8 is the largest brand, representing around 19% of all rooms, with Days Inn (14%) and Ramada (14%) the next two largest brands. During the past several years, the company has expanded its extended stay/lifestyle brands, which appeal to travelers seeking to experience the local culture of a given location. Wyndham launched a new extended stay economy scale segment concept, ECHO, in the spring of 2022. The United States represents roughly 60% of total rooms. The company closed its La Quinta acquisition in the second quarter of 2018, adding around 90,000 rooms at the time the deal closed.

Wyndham Hotels & Resorts (FRA:2WY) Headlines

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