Filetype Excel XLSX | Posted on 09 Aug 2022 | 3 years ago
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236x Filetype XLSX File size 0.08 MB Source: www.sec.gov
Sheet 1: Document and Entity Information
| Document and Entity Information | 3 Months Ended |
| Mar. 31, 2021shares | |
| Cover [Abstract] | |
| Document Type | 10-Q |
| Document Quarterly Report | true |
| Document Transition Report | false |
| Document Period End Date | Mar. 31, 2021 |
| Entity File Number | 001-38432 |
| Entity Registrant Name | Wyndham Hotels & Resorts, Inc. |
| Entity Incorporation, State or Country Code | DE |
| Entity Tax Identification Number | 82-3356232 |
| Entity Address, Address Line One | 22 Sylvan Way |
| Entity Address, City or Town | Parsippany, |
| Entity Address, State or Province | NJ |
| Entity Address, Postal Zip Code | 07054 |
| City Area Code | 973 |
| Local Phone Number | 753-6000 |
| Title of 12(b) Security | Common Stock |
| Trading Symbol | WH |
| Security Exchange Name | NYSE |
| Entity Current Reporting Status | Yes |
| Entity Interactive Data Current | Yes |
| Entity Filer Category | Large Accelerated Filer |
| Entity Small Business | false |
| Entity Emerging Growth Company | false |
| Entity Shell Company | false |
| Entity Common Stock, Shares Outstanding | 93,398,800 |
| Current Fiscal Year End Date | --12-31 |
| Document Fiscal Period Focus | Q1 |
| Entity Central Index Key | 0001722684 |
| Amendment Flag | false |
| Document Fiscal Year Focus | 2021 |
| Condensed Consolidated and Combined Statements of Income (Unaudited) - USD ($) $ in Millions | 3 Months Ended | |
| Mar. 31, 2021 | Mar. 31, 2020 | |
| Net revenues | ||
| Net revenues | $ 303 | $ 410 |
| Expenses | ||
| Operating | 27 | 35 |
| General and administrative | 24 | 28 |
| Depreciation and amortization | 24 | 25 |
| Restructuring | 0 | 13 |
| Transaction-related, net | 0 | 8 |
| Separation-Related Charges | 2 | 1 |
| Total expenses | 240 | 354 |
| Operating income | 63 | 56 |
| Interest expense, net | 28 | 25 |
| Income before income taxes | 35 | 31 |
| Provision for income taxes | 11 | 9 |
| Net income | $ 24 | $ 22 |
| Earnings per share | ||
| Basic (in usd per share) | $ 0.26 | $ 0.23 |
| Diluted (in usd per share) | $ 0.26 | $ 0.23 |
| Royalties and franchise fees | ||
| Net revenues | ||
| Net revenues | $ 78 | $ 92 |
| Marketing, reservation and loyalty | ||
| Net revenues | ||
| Net revenues | 85 | 106 |
| Expenses | ||
| Cost of revenues | 92 | 118 |
| Management and other fees | ||
| Net revenues | ||
| Net revenues | 19 | 32 |
| License and other fees | ||
| Net revenues | ||
| Net revenues | 20 | 21 |
| Cost reimbursements | ||
| Net revenues | ||
| Net revenues | 71 | 126 |
| Expenses | ||
| Cost of revenues | 71 | 126 |
| Other | ||
| Net revenues | ||
| Net revenues | $ 30 | $ 33 |
| Condensed Consolidated and Combined Statements of Comprehensive Income (Loss) (Unaudited) - USD ($) $ in Millions | 3 Months Ended | |
| Mar. 31, 2021 | Mar. 31, 2020 | |
| Statement of Comprehensive Income [Abstract] | ||
| Net income | $ 24 | $ 22 |
| Other comprehensive income/(loss), net of tax | ||
| Foreign currency translation adjustments | 0 | (3) |
| Unrealized gains/(losses) on cash flow hedges | 14 | (36) |
| Other comprehensive income/(loss), net of tax | 14 | (39) |
| Comprehensive income/(loss) | $ 38 | $ (17) |
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