Wyndham Hotels On Business Opportunities In Asia

The transcript discusses Wyndham's global performance, focusing on expansion plans and franchising opportunities in Asia Pacific. Despite challenges like COVID-19, Wyndham has seen growth in Greater China and other regions. The company is optimistic about future prospects, emphasizing the importance of positive experiences for outbound Chinese travelers.

What was a key factor in Wyndham's strong performance in Q2?

• Reduction in operating costs

• Increased domestic travel

• Expansion in Europe

• Asset-light, franchise business model

What is the biggest opportunity for Wyndham in the Asia Pacific region?

• Luxury hotel development

• Direct hotel ownership

• Franchising

• Partnerships with local governments

How did Wyndham's deal signings in China in the first half of 2022 compare to 2019?

• They were the same as in 2020

• They exceeded the 2019 levels

• They matched the 2019 levels

• They were lower than in 2019

What recent change in China is expected to boost international travel?

• Lifting of travel bans

• Reduction of quarantine period

• Opening of new airports

• Introduction of travel incentives

Which region is showing significant momentum in hotel openings according to Wyndham?

• Europe

• North America

• Southeast Asia

• Middle East

What is the expected impact of the return of Chinese outbound travelers?

• Minimal impact on global travel

• Significant boost to global travel

• Decrease in domestic travel

• No change in travel patterns

What is Wyndham's goal for the number of hotels in Asia Pacific by 2025?

• 1500 hotels

• 2000 hotels

• 2500 hotels

• 3000 hotels