Wyndham Sees Strong revPAR With Signs of Room Growth Acceleration on the Horizon; Shares Undervalued
Wyndham's brand advantage, the key source of its narrow moat, was evident in its third-quarter results that showed revenue per available room share gains with signals that organic unit growth is near a potential acceleration, in line with our forecast. Although we don't plan a big change to our $72 fair value estimate, we find shares attractive, even after a 4% uptick, trading at just 11 times our 2019 EV/EBITDA, an unwarranted discount to the 13.5 times multiple investors currently award peer C...Wyndham Hotels & Resorts is a hotel franchisor, licensing its hotel brands to hotel owners around the world. The company operates in the following segments: Hotel franchising, which licenses the company's lodging brands and provides related services to third-party hotel owners and others; and Hotel management, which provides hotel management services for full-service and limited-service hotels as well as several hotels that are owned by the company
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.