HOTEL FINANCIAL-READING RECORD
Guide: https://yenra.com/wyndham/
Prepared October 2, 2026. Editable plain text.

USE
Record the legal issuer and reporting period before comparing numbers.
Separate the property owner's room revenue, franchisor revenue and profit.
This example explains arithmetic; its 5% royalty is fictional and is not
a Wyndham rate or franchise offer. Read the actual agreement for terms.

FILING RECORD
Legal issuer / ticker:
Filing or release URL:                  Filing date / period end:
Currency / scale:
Revenue components:
Associated expenses and contractual spending obligations:
System room growth / openings / removals:
Comparable RevPAR and its population:
Recast comparator / exclusions / changed definitions:
Pipeline definition, stage and expected timing:
GAAP result:
Adjusted measure and each reconciliation item:
Operating cash flow / investment / debt / capital returns:
Historical result or forward-looking guidance:
Documented explanation:                 Unresolved question:

WORKED FICTIONAL HOTEL - USD
100 rooms available every night for 30 nights = 3,000 room nights.
Both scenarios have identical capacity and period.

                                    Base          Alternative
Occupancy                            70%                  75%
Rooms sold                         2,100                2,250
Average daily rate (ADR)             $120                 $116
Room revenue                    $252,000             $261,000
Revenue per available room           $84                  $87
Assumed royalty at 5%            $12,600              $13,050

FORMULAS
Rooms sold = available room nights x occupancy.
Room revenue = rooms sold x ADR.
RevPAR = room revenue / available room nights = occupancy x ADR.
Illustrative royalty = eligible room revenue x assumed rate.
Alternative revenue increase = $261,000 - $252,000 = $9,000.
Illustrative royalty increase = $13,050 - $12,600 = $450.
Excludes taxes, non-room revenue, other fees, all operating/financing
costs and contractual adjustments. Royalty revenue is not profit.
In a real period, use actual available room nights, allowing for changes
in capacity; a period-end count alone may be insufficient.

YOUR HOTEL EXERCISE
Available rooms by date / available room nights:
Rooms sold:                             Room revenue:
Occupancy = sold / available:
ADR = revenue / sold:
RevPAR = revenue / available:
Contractual fee base, rate, adjustments and source:
Fee calculation:
Excluded costs and next evidence needed:

PRIMARY STARTING POINTS
https://investor.wyndhamhotels.com/financial-information
https://investor.travelandleisureco.com/company-info/company-separation
Match Wyndham Hotels & Resorts to hotel-company reporting and
Travel + Leisure Co. to the separate vacation-ownership company.
Check fresh filings for changes after the dated guide examples.