Travel and Vacation Providers Stocks Q4 Teardown: Wyndham (NYSE:WH) Vs The Rest

Travel and Vacation Providers Stocks Q4 Teardown: Wyndham (NYSE:WH) Vs The Rest

The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how travel and vacation providers stocks fared in Q4, starting with Wyndham (NYSE:WH).

Airlines, 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 airlines, hotel, resorts, and cruise line companies must innovate to stay relevant in a market rife with innovation.

The 19 travel and vacation providers stocks we track reported a satisfactory Q4. As a group, revenues beat analysts’ consensus estimates by 2.2% while next quarter’s revenue guidance was 6.9% above.

Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 18.5% since the latest 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 $341 million, up 6.2% year on year. This print fell short of analysts’ expectations by 1.9%. Overall, it was a mixed quarter for the company with a decent beat of analysts’ EPS estimates but a miss of analysts’ adjusted operating income estimates.

Travel and Vacation Providers Stocks Q4 Teardown: Wyndham (NYSE:WH) Vs The Rest

The stock is down 18.6% since reporting and currently trades at $88.71.

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

Best Q4: Pursuit (NYSE:PRSU)

With attractions ranging from glacier tours in the Canadian Rockies to an oceanfront geothermal lagoon in Iceland, Pursuit Attractions and Hospitality (NYSE:PRSU) operates iconic travel experiences, experiential marketing services, and exhibition management across North America and Europe.

Pursuit reported revenues of $45.8 million, down 84.3% year on year, outperforming analysts’ expectations by 8.8%. The business had a stunning quarter with an impressive beat of analysts’ EPS estimates and full-year EBITDA guidance exceeding analysts’ expectations.

Travel and Vacation Providers Stocks Q4 Teardown: Wyndham (NYSE:WH) Vs The Rest

Although it had a fine quarter compared to its peers, the market seems unhappy with the results as the stock is down 6.9% since reporting. It currently trades at $34.59.

Is now the time to buy Pursuit? Access our full analysis of the earnings results here, it’s free .

Weakest Q4: Hyatt Hotels (NYSE:H)

Founded in 1957, Hyatt Hotels (NYSE:H) is a global hospitality company with a portfolio of 20 premier brands and over 950 properties across 65 countries.

Hyatt Hotels reported revenues of $1.60 billion, down 3.5% year on year, falling short of analysts’ expectations by 3.1%. It was a softer quarter as it posted a significant miss of analysts’ adjusted operating income and EPS estimates.

Hyatt Hotels delivered the weakest performance against analyst estimates in the group. As expected, the stock is down 26.1% since the results and currently trades at $119.80.

Read our full analysis of Hyatt Hotels’s results here.

Royal Caribbean (NYSE:RCL)

Established in 1968, Royal Caribbean Cruises (NYSE:RCL) is a global cruise vacation company renowned for its innovative and exciting cruise experiences.

Royal Caribbean reported revenues of $3.76 billion, up 12.9% year on year. This print met analysts’ expectations. Aside from that, it was a satisfactory quarter as it also logged EPS guidance for next quarter exceeding analysts’ expectations but a miss of analysts’ EBITDA estimates.

The stock is down 13.6% since reporting and currently trades at $204.79.

Read our full, actionable report on Royal Caribbean 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 $971 million, up 3.9% year on year. This number topped analysts’ expectations by 1.2%. Zooming out, it was a mixed quarter as it also produced a decent beat of analysts’ adjusted operating income estimates but a miss of analysts’ tours conducted estimates.

The stock is down 20.8% since reporting and currently trades at $45.50.

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


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