Benzinga | Jul 28, 2021 05:15PM EDT

Wyndham Hotels & Resorts Sees FY21 Adj. EPS $2.60-$2.70 vs $2.28 Est., Sees Fee-Related And Other Revenues $1.16B-$1.19B

2021 Outlook

The Company provided the following outlook for full-year 2021:

* Fee-related and other revenues of $1.16 billion to $1.19 billion.

* Adjusted net income of $244 million to $254 million.

* Adjusted EBITDA of $525 million to $535 million.

* Adjusted diluted EPS of $2.60 to $2.70, based on an adjusted diluted share count of 94.0 million that excludes any future share repurchases.

* Rooms growth of 1% to 2%.

* A RevPAR increase of approximately 40% versus 2020, or a decline of approximately 16% compared to 2019.

* Free cash conversion from Adjusted EBITDA of approximately 55%.