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Wyndham Hotels & Resorts (FRA:2WY) Cash Receipts from Deposits by Banks and Customers


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What is Wyndham Hotels & Resorts Cash Receipts from Deposits by Banks and Customers?

Cash Receipts from Deposits by Banks and Customers only applicable to companies reporting Cash Flow from Operations in direct method.

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

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Wyndham Hotels & Resorts Inc (FRA:2WY) » Definitions » Cash Receipts from Deposits by Banks and Customers
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Traded in Other Exchanges
WH:USA
Address
22 Sylvan Way, Parsippany, NJ, USA, 07054
Website
https://www.wyndhamhotels.com
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.