Wyndham Hotels & Resorts Inc, founded in 2018 and headquartered in Parsippany, New Jersey, is a leading global hotel franchisor with a mission to provide exceptional hospitality experiences. The company offers a diverse portfolio of hotel brands, including Super 8, Days Inn, and Ramada, catering to a wide range of travelers across various market segments.
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Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Wyndham Hotels began issuing bonds in 2020, with a notable issuance of $500 million in senior unsecured notes in June of that year to strengthen its balance sheet following the pandemic's impact on the hospitality sector. These 10-year notes carried a yield of 5.125%, positioning them competitively within the industry at the time. In recent developments, Wyndham announced plans to refinance some of its existing debt, highlighting its commitment to manage financial flexibility amid fluctuating market conditions.