For the year ending 2025-12-31, WH had -$49M decrease in cash & cash equivalents over the period. $321M in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Net revenues-Hotel Franchising Segment | 1,429 |
| Compensation-Hotel Franchising Segment | 242 |
| Selling and advertising-Hotel Franchising Segment | 88 |
| Outsourced services and information technology-Hotel Franchising Segment | 129 |
| Professional fees-Hotel Franchising Segment | 98 |
| Other items-Hotel Franchising Segment | 382 |
| Other overhead costs-Corporate | 297 |
| Net income | 193 |
| Depreciation and amortization | 62 |
| Development advance notes amortization | 32 |
| Provision for doubtful accounts and loan losses | 87 |
| Impairment | 86 |
| Deferred income taxes | -57 |
| Stock-based compensation | 43 |
| Early extinguishment of debt | 0 |
| Trade receivables | 48 |
| Prepaid expenses | -11 |
| Other current assets | 1 |
| Accounts payable, accrued expenses and other current liabilities | 38 |
| Deferred revenues | 62 |
| Payments of development advance notes | 112 |
| Proceeds from development advance notes | 7 |
| Other, net | 36 |
| Net cash provided by operating activities | 367 |
| Property and equipment additions | 46 |
| Loan advances | 58 |
| Loan repayments | 1 |
| Net cash used in investing activities | -103 |
| Proceeds from borrowings | 405 |
| Principal payments on long-term debt | 312 |
| Finance lease payments | 0 |
| Debt issuance costs | 3 |
| Dividends to stockholders | 127 |
| Repurchases of common stock | 266 |
| Exercise of stock options | 12 |
| Net share settlement of incentive equity awards | 23 |
| Other, net | 0 |
| Net cash used in financing activities | -314 |
| Effect of changes in exchange rates on cash, cash equivalents and restricted cash | 1 |
| Net (decrease)/increase in cash, cash equivalents and restricted cash | -49 |
| Cash, cash equivalents and restricted cash, beginning of period | 113 |
| Cash, cash equivalents and restricted cash, end of period | 64 |
WYNDHAM HOTELS & RESORTS, INC. (WH)
WYNDHAM HOTELS & RESORTS, INC. (WH)