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Jun 30, 2020
Wyndham Q2 2020 Earnings Report
Wyndham's Q2 2020 earnings were impacted by COVID-19, but the company generated positive adjusted EBITDA through cost-saving initiatives and a resilient franchise business model.
Key Takeaways
Wyndham Hotels & Resorts reported a net loss of $174 million for Q2 2020, with revenues declining to $258 million compared to $533 million in Q2 2019. Despite these challenges, the company generated positive adjusted EBITDA of $63 million, driven by its franchise business model and cost savings initiatives. Global comparable RevPAR declined 54% year-over-year.
Diluted loss per share was $1.86, and adjusted diluted earnings per share was $0.10.
Net loss was $174 million for the second quarter and adjusted net income was $9 million.
Adjusted EBITDA was $63 million.
Global comparable RevPAR declined 54% year-over-year.
Revenue by Segment
Forward Guidance
The Company's ability to assess the impact of COVID-19 on its full-year financial results continues to be limited due to the uncertainty in travel demand during the remainder of 2020.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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