• Overseas hit for Wyndham

Wyndham reported first quarter revenues up 5% at US1.2bn, of which USD237m came from the hotels division. Systemwide revpar was up 4% while domestic revpar growth accelerated, up 7.6%.

International revpar reported a 4.3% decline, primarily due to currency movements. The portfolio is up 2.4% in size on Q1 of 2013, while the pipeline stands at 117,000 rooms in over 955 new hotels.
Read the full story here:
http://www.wyndhamworldwide.com/news-media/press-releases/wyndham-worldwide-reports-first-quarter-2014-earnings

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