Unpacking Q4 Earnings: Wyndham (NYSE:WH) In The Context Of Other Hotels, Resorts and Cruise Lines Stocks

Let's dig into the relative performance of Wyndham (NYSE:WH) and its peers as we unravel the now-completed Q4 hotels, resorts and cruise lines earnings season.

Hotels, resorts, and cruise line companies often sell experiences rather than tangible products, and in the last decade-plus, consumers have slowly shifted from buying "things" (wasteful) to buying "experiences" (memorable). In addition, the internet has introduced new ways of approaching leisure and lodging such as booking homes and longer-term accommodations. Traditional hotel, resorts, and cruise line companies must innovate to stay relevant in a market rife with innovation.

The 12 hotels, resorts and cruise lines stocks we track reported a slower Q4; on average, revenues beat analyst consensus estimates by 0.9%. while next quarter's revenue guidance was 4.8% below consensus. Inflation progressed towards the Fed's 2% goal at the end of 2023, leading to strong stock market performance. The start of 2024 has been a bumpier ride, as the market switches between optimism and pessimism around rate cuts due to mixed inflation data, and hotels, resorts and cruise lines stocks have held roughly steady amidst all this, with share prices up 0.6% on average since the previous earnings results.

Wyndham (NYSE:WH)

Established in 1981, Wyndham (NYSE:WH) is a global hotel franchising company with over 9,000 hotels across nearly 95 countries on six continents.

Wyndham reported revenues of $321 million, down 3.9% year on year, falling short of analyst expectations by 0.9%. It was a weaker quarter for the company, with underwhelming earnings guidance for the full year.

"We are tremendously proud to report fourth quarter results that demonstrate the continued success of our global strategy and our accelerating momentum," said Geoff Ballotti, president and chief executive officer.

The stock is down 6% since the results and currently trades at $73.46.

Read our full report on Wyndham here, it's free.

Best Q4: Playa Hotels & Resorts (NASDAQ:PLYA)

Sporting a roster of beachfront properties, Playa Hotels & Resorts (NASDAQ:PLYA) is an owner, operator, and developer of all-inclusive resorts in prime vacation destinations.

Playa Hotels & Resorts reported revenues of $242.5 million, up 15% year on year, outperforming analyst expectations by 8.8%. It was an incredible quarter for the company, with an impressive beat of analysts' earnings estimates.

Playa Hotels & Resorts achieved the biggest analyst estimates beat among its peers. The stock is up 7.5% since the results and currently trades at $9.49.

Is now the time to buy Playa Hotels & Resorts? Access our full analysis of the earnings results here, it's free.

Soho House (NYSE:SHCO)

Boasting fancy locations in hubs such as NYC and Miami, Soho House (NYSE:SHCO) is a global hospitality brand offering exclusive private member clubs, hotels, and restaurants.

Soho House reported revenues of $290.8 million, up 7.5% year on year, falling short of analyst expectations by 3.7%. It was a weak quarter for the company, with full-year revenue guidance missing analysts' expectations and a miss of analysts' members estimates.

Soho House had the weakest performance against analyst estimates in the group. The stock is down 1% since the results and currently trades at $5.68.

Read our full analysis of Soho House's results here.

Hilton Grand Vacations (NYSE:HGV)

Spun off from Hilton Worldwide in 2017, Hilton Grand Vacations (NYSE:HGV) is a global timeshare company that provides travel experiences for its customers through its timeshare resorts and club membership programs.

Hilton Grand Vacations reported revenues of $1.02 billion, up 2.7% year on year, falling short of analyst expectations by 0.3%. It was a weak quarter for the company, with a miss of analysts' earnings estimates.

The stock is down 5.8% since the results and currently trades at $45.84.

Read our full, actionable report on Hilton Grand Vacations here, it's free.

Travel + Leisure (NYSE:TNL)

Formerly known as Wyndham Destinations, Travel + Leisure (NYSE:TNL) is a global vacation company that provides travelers with vacation ownership, exchange, and travel services.

Travel + Leisure reported revenues of $935 million, up 4% year on year, falling short of analyst expectations by 1%. It was a mixed quarter for the company, with an impressive beat of analysts' earnings estimates but a miss of analysts' tours estimates.

The stock is up 10.5% since the results and currently trades at $45.72.

Read our full, actionable report on Travel + Leisure here, it's free.

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