Shares of Wyndham Hotels & Resorts Inc. (NYSE:WH) traded today at $64.70, eclipsing its 52-week high. Approximately 200,000 shares have changed hands today, as compared to an average 30-day volume of 739,000 shares.
In the past 52 weeks, shares of Wyndham Hotels & Resorts Inc. have traded between a low of $14.50 and a high of $64.70 and is now at $64.52, which is 345% above that low price.
As of Dec. 31, 2020, Wyndham Hotels & Resorts operates 796,000 rooms across 20 brands in the economy (around 61% of total properties) and midscale (32%) segments. Super 8 is the largest brand, representing around 30% of all hotels, with Days Inn (18%) and L Quinta (10%) the next two largest brands. During the past several years, the company has expanded its extended stay/lifestyle brands (3% of total properties), which appeal to travelers seeking to experience the local culture of a given location. The United States represents 69% of total properties. The company closed its La Quinta acquisition in the second quarter of 2018, adding around 90,000 rooms at the time the deal closed.
Based on a current price of $64.52, Wyndham Hotels & Resorts Inc. is currently 6.7% above its average consensus analyst price target of $60.21.
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