Earnings Call Summary | Wyndham Hotels & Resorts(WH.US) Q1 2024 Earnings Conference
Earnings Call Summary | Wyndham Hotels & Resorts(WH.US) Q1 2024 Earnings Conference
The following is a summary of the Wyndham Hotels & Resorts, Inc. (WH) Q1 2024 Earnings Call Transcript:
以下是温德姆酒店及度假村公司（WH）2024年第一季度财报电话会议记录摘要：
Financial Performance:
财务业绩：
Wyndham Hotels & Resorts reported Q1 fee-related and other revenues of $304 million and adjusted EBITDA of $141 million.
Adjusted EBITDA grew 3% on a comparable basis and the adjusted EBITDA margin improved to 83%.
An increase of 8% in ancillary revenue streams was registered, driven by higher license fees and credit card revenues.
The company achieved a net leverage ratio of 3.4 times and plans to finish the year at a ratio of at least 3.5 times, providing over $400 million of capital available for share repurchases this year.
Earnings per share were upwardly adjusted by $0.07 to a range of $4.18 to $4.30 to account for Q1 share repurchase activity.
温德姆酒店及度假村报告称，第一季度费用相关收入和其他收入为3.04亿美元，调整后的息税折旧摊销前利润为1.41亿美元。
调整后的息税折旧摊销前利润同比增长了3％，调整后的息税折旧摊销前利润率提高至83％。
受许可费和信用卡收入上涨的推动，辅助收入来源增长了8％。
该公司实现了3.4倍的净杠杆率，并计划在今年年底至少达到3.5倍，为今年股票回购提供超过4亿美元的可用资本。
考虑到第一季度的股票回购活动，每股收益向上调整了0.07美元，至4.18美元至4.30美元之间。
Business Progress:
业务进展：
Wyndham opened over 13,000 rooms globally, a 27% increase from last year, marking their largest first quarter of room openings since going public nearly six years ago.
The development pipeline grew by 8% to record 243,000 rooms. Mid-scale and above brands in the pipeline increased by 4% to a record 168,000 rooms, nearly 70% of the pipeline.
The company added 11 hotel conversions under the newly created WaterWalk Extended Stay by Wyndham brand in key US markets.
Net rooms rose by 1% sequentially and by 8% versus prior year internationally with significant growth in Latin America and EMEA.
The company launched Wyndham Business to streamline the direct booking process for businesses and travel planners.
The company is expecting a lift from the infrastructure sector in the coming quarters due to rising interest and recent federal government allocations.
The first ECHO Suites locations are expected to open during summer, with multiple sites being developed across different states.
The company reported significantly better results in China due to increased domestic travel, despite limitations with flight capacity.
温德姆在全球开设了超过13,000间客房，比去年增长了27％，这是自近六年前上市以来最大的第一季度客房开放量。
开发项目增长了8％，达到创纪录的24.3万间客房。在建的中档及以上品牌增加了4％，达到创纪录的16.8万间客房，占管道的近70％。
该公司以新创建的温德姆WaterWalk长住酒店品牌在美国主要市场增加了11家酒店改建项目。
净房间量连续增长1％，在国际上与上年相比增长了8％，拉丁美洲和欧洲、中东和非洲地区显著增长。
该公司推出了温德姆商务舱，以简化企业和旅行规划者的直接预订流程。
该公司预计，由于利息上升和最近的联邦政府拨款，未来几个季度基础设施行业将有所提振。
ECHO Suites的首批分店预计将在夏季开放，将在不同的州开发多个场地。
该公司报告称，尽管飞行能力有限，但由于国内旅行的增加，在中国的业绩明显好转。
More details: Wyndham Hotels & Resorts IR
更多详情： 温德姆酒店及度假村 IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
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译文内容由第三方软件翻译。