|Bid||0.00 x 800|
|Ask||62.00 x 800|
|Day's Range||58.61 - 60.31|
|52 Week Range||48.53 - 63.66|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||37.01|
|Forward Dividend & Yield||1.16 (1.97%)|
|Ex-Dividend Date||Dec 11, 2019|
|1y Target Est||N/A|
After downsizing his U.S. business, Oyo CEO Ritesh Agarwal defended the hotel chain's business model, and gave no hint that he would be seeking to decelerate Oyo's growth. At the same time, Agarwal, in an interview with members of the editorial and research teams at Skift's Manhattan headquarters, acknowledged that a key tech feature — […]
The coronavirus outbreak continues to dampen the hotel industry’s financial outlook for the year. Wyndham Hotels and Resorts has closed about 70 percent of its hotels in China, and those that remain open are seeing fewer guests, Chief Financial Officer Michele Allen told investors on Thursday during a call detailing the company’s earnings for 2019. […]
(Bloomberg) -- As the Chinese city of Wuhan ended its first week of quarantine, Tribeca Investment Partners portfolio manager John Stover was already betting on a recovery. Skittish investors had dumped Indonesian real estate bonds, so he started scooping those up. Short-dated notes from Chinese developers were next.“You can pick your own adventure in terms of what you read and how scared you want to get about it,” said Singapore-based Stover, whose firm manages around A$1.9 billion ($1.3 billion). “But risk/reward has looked pretty good over the last couple of weeks.”For many traders on Wall Street, the rising number of confirmed coronavirus cases has meant a frenzied search for safe havens. But for some hedge funds, it’s an opportunity to pick up a bargain. Several portfolio managers interviewed by Bloomberg are betting the crisis will be averted within months, and followed by government stimulus to spur consumption.Read more: Chinese Hedge Funds Turn Bullish as Panic Selloff Lowers PricesStover started the $50 million Vanda Asia Credit Fund in July after spending more than 12 years at Farallon Capital Management LLC. Despite the outbreak, he’s still getting interest from would-be investors, with annualized gross returns of 12.2% and volatility of 2.1% -- January was his best month to-date.History LessonPredictions of post-viral bounces aren’t based on hunches; Edward Bozaan, managing partner and portfolio manager at Cleargate Capital LLC, runs a long-short hedge fund focused on Europe. He told investors in a letter seen by Bloomberg that markets ended higher in the six to 12 months from the first announcement of previous viral crises, like SARS and Ebola.“Once the number of cases has peaked and begins to fall, it will probably be an excellent time to add to the sectors hurt the most: travel, cruise companies, entertainment and emerging markets,” he wrote.Others such as HGI Capital Management LLC are looking to protect from further downside but still exploit any upside opportunity. The fund, backed by real-estate investment firm Harbor Group International LLC, is using options to trade on Carnival Corp., the cruise company that operates the Diamond Princess ship that’s become the biggest center of infections outside of China.“In many cases, the actual outcome from this unfortunate event will not be as detrimental as the market is pricing,” said David Rosenberg, a portfolio manager at the $350 million hedge fund based in New York. “We believe the market has already priced in most of the downside.”The fund has been looking at other lodging and cruise brands with exposure to China, too. Names include Marriott Vacations Worldwide Corp., Hyatt Hotels Corp., Royal Caribbean Cruises Ltd., Hilton Worldwide Holdings Inc., and Wyndham Hotels & Resorts Inc.Luxury GoodsFor Texas-based Bowie Capital Management LLC, which runs a $425 million long-biased strategy, it’s another type of exposure -- luxury goods companies like LVMH Moet Hennessy Louis Vuitton SE and Hermes International.“We see this as not a long-term problem for these companies, however the short run seems like it could really be detrimental to their revenues,” said Cory Whitaker, who founded the firm in 2014. “We think this could be a problem for the year, but not for the decade, and if people overreact we’re happy buyers.”Golden Pine Asset Management Ltd. oversees about $280 million and manages a Greater China-focused stock hedge fund. Chief Investment Officer She Peng said in a letter to investors Feb. 4 that the outbreak could plateau by early March if Chinese government measures are successful.Like others, Golden Pine sees the outbreak as a temporary shock to consumption and services in China, changing the rhythm but not direction of the nation’s economic recovery. The firm plans to add cheap, quality stocks, She said.As stock markets reopened after Lunar New Year on Feb. 3, a net 18.2 billion yuan ($2.6 billion) flowed through the stock connect with Hong Kong, the second highest in the link’s history, Golden Pine noted.The epidemic has “temporarily disrupted the pace of the market, but doesn’t alter the trend of what we see as a slow bull this year,” said Shi Wubin, head of quantitative investing at Chengen Capital Management, which has more than 2 billion yuan in assets. “It was just like a small spray in the history of the market.”(Updates with other popular stocks in ninth paragraph.)\--With assistance from Zhang Dingmin.To contact the reporters on this story: David Ramli in Singapore at email@example.com;Bei Hu in Hong Kong at firstname.lastname@example.org;Melissa Karsh in New York at email@example.comTo contact the editor responsible for this story: Katrina Nicholas at firstname.lastname@example.orgFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
Wyndham (WH) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Many hoteliers for the last several years have minimized the impact of short-term rentals on their bottom lines in what could be seen as an Airbnb defense. But a new report suggests that alternative accommodations, as well as growth in hotel supply, curb U.S. hoteliers' options to hike average daily rates during peak periods. "In […]
The Wyndham Garden chain of hotels has unveiled a new construction prototype and a new menu, both intended to cut costs and create efficiencies. Arbor is a four-story, 110-room construction model that brings the outdoors in and takes up less than 58,000 square feet over less than two acres of land. Nice & Vice, which was created by celebrity chef Jet Tila, streamlines a number of dishes with few ingredients. Wyndham Garden is part of Wyndham Hotels & Resorts Inc. , which has more than 9,200 franchised hotels in 80 countries. Wyndham stock is up 2% on Tuesday and up 18.6% over the past year. The S&P 500 index has gained nearly 24% over the last 12 months.
It's always best to build a diverse portfolio of shares, since any stock business could lag the broader market. But...
The Zacks Analyst Blog Highlights: Marriott Vacations Worldwide, Hilton Worldwide, Wyndham Hotels & Resorts and InterContinental Hotels
It has been a fantastic year for equity investors as Donald Trump pressured Federal Reserve to reduce interest rates and finalized the first leg of a trade deal with China. If you were a passive index fund investor, you had seen gains of 31% in your equity portfolio in 2019. However, if you were an […]
A new Wyndham Hotels & Resorts hotel is expected to break ground in early 2020 adjacent to Fiesta Winery in Fredericksburg.
Wyndham Hotels & Resorts, Inc. (NYSE:WH) is about to trade ex-dividend in the next 4 days. Ex-dividend means that...
We at Insider Monkey have gone over 752 13F filings that hedge funds and prominent investors are required to file by the SEC The 13F filings show the funds' and investors' portfolio positions as of September 30th. In this article, we look at what those funds think of Wyndham Hotels & Resorts, Inc. (NYSE:WH) based […]
Today we'll evaluate Wyndham Hotels & Resorts, Inc. (NYSE:WH) to determine whether it could have potential as an...
Wyndham Hotels & Resorts (NYSE: WH) today announced that David B. Wyshner has decided to step down as Chief Financial Officer, effective immediately, and move into a senior advisory role reporting to President and Chief Executive Officer Geoff Ballotti until March 1, 2020.
Wyndham (NYSE: WH) Championship Tournament Director Mark Brazil was named the American Junior Golf Association’s Digger Smith Award Recipient at a special dinner in his honor at PGA National Resort & Spa in Palm Beach Gardens, Florida, on Saturday. In addition to the award presented, an ACE Grant endowment in his name was presented by friends and supporters. Presented annually since 1991, the J.R. “Digger” Smith Award is given to a supporter devoted to the AJGA mission and purpose of developing young men and women through competitive junior golf.
Improving economic indicators along with expansion strategies and industry-leading loyalty program bode well for Hilton (HLT). However, economic challenges and intense competition are concerns.
Triad sports fans and hospitality businesses should enjoy a busy and profitable 2020. The U.S. Figure Skating Championships is coming to the Greensboro Coliseum Complex in January, followed in March by the women's and men's ACC basketball tournaments and the opening weekend of the men's NCAA Tournament. Major annual events include the PGA Tour's Wyndham (NYSE: WH) Championship at Sedgefield Country Club and the ATP Tour 250 Winston-Salem Open at the Wake Forest Tennis Complex.
Hotels have for many years been turning their lobbies into interactive spaces with communal spots for working or socializing. Now they are applying that concept to their guest rooms. Super 8 by Wyndham, an economy hotel brand, is rolling out ROOM8, a shared room to “accommodate a new generation of road trippers who thrive in […]
A Southern California development and property management company has purchased a hotel in Sacramento’s River District, and plans to turn at least part of it into apartments.
In this article we are going to estimate the intrinsic value of Wyndham Hotels & Resorts, Inc. (NYSE:WH) by taking the...