Goldman Sachs analyst Stephen Grambling started Wyndham Hotels & Resorts with a Buy rating and $82 price target. The analyst views the company as a growth opportunity. Its underlying fundamentals are "poised to inflect driving upside to conservative guidance," the analyst contends. He also reiterates a Buy rating on Wyndham Destinations (WYND).

Baird raised the firm's price target on Wyndham Hotels to $88 from $86 and keeps an Outperform rating on the shares. The firm said 1Q earnings were slightly ahead of low expectations, and estimates are increasing modestly.

Barclays analyst Brandt Montour raised the firm's price target on Wyndham Hotels to $88 from $87 and keeps an Overweight rating on the shares post the Q1 report. The company's guidance is "still a high bar, but things do get easier from here," the analyst tells investors in a research note.

Reports Q1 revenue $304M, consensus $308.26M. Global RevPAR grew 1% in constant currency and ancillary revenues grew 8% compared to Q1 2023. "We're thrilled to announce another strong quarter of progress in our executions, openings, franchisee retention and net room growth around the world," said CEO Geoff Ballotti. "Increased interest from hotel owners in our brands has propelled our development pipeline to a record 243,000 rooms, marking an impressive 8% increase. Our strong balance sheet and cash flow generation capabilities provide significant opportunity to continue to enhance returns to our shareholders over both the short and long-term, as evidenced by our Board of Directors' approval of a $400M increase in our share repurchase authorization."