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Wyndham Worldwide’s Q3 Performance

Wyndham Worldwide recently announced results for the third quarter of this year (Q3).

The company's results were in line with its prior expectations despite recent hurricanes negatively impacting its operations.

Net income in Q3 was USD203 million compared with USD196 million for the third quarter of 2016. Diluted earnings per share (EPS) increased 11 percent to USD1.97, versus USD1.78 in 2016.

Stephen Holmes, CEO, Wyndham Worldwide, highlighted, "While the barrage of recent hurricanes negatively impacted our results, our efforts to drive revenue and control costs successfully mitigated their impact in the quarter. I am especially proud of how our employees and affiliates in affected areas have served our guests throughout a difficult period.”