Wyndham Hotels & Resorts Inc. Looks to Continue to Trade Above its Annual-High Share Price Today

September 27, 2021 10:53:05

Wyndham Hotels & Resorts Inc. (NYSE:WH) traded today at a new 52-week high of $79.43. Approximately 130,000 shares have changed hands today, as compared to an average 30-day volume of 590,000 shares.

As of June 30, 2021, Wyndham Hotels & Resorts operates 798,000 rooms across 20 brands in the economy (around 51% of total U.S. rooms) and midscale (45%) segments. Super 8 is the largest brand, representing around 30% of all hotels, with Days Inn (18%) and La Quinta (10%) the next two largest brands. During the past several years, the company has expanded its extended stay/lifestyle brands (2% of total properties), which appeal to travelers seeking to experience the local culture of a given location. The United States represents 61% of total rooms. The company closed its La Quinta acquisition in the second quarter of 2018, adding around 90,000 rooms at the time the deal closed.

Wyndham Hotels & Resorts Inc. (NYSE:WH) is currently priced 209.2% above its average consensus analyst price target of $-86.62.

Wyndham Hotels & Resorts Inc. share prices have moved between a 52-week high of $79.43 and a 52-week low of $45.23 and are now trading 75% above that low price at $79.36 per share.

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