Wyndham Hotels & Resorts said its Board of Directors approved a $400 million increase in the company’s share repurchase authorization on Sept. 29, 2026. President and chief executive officer Geoff Ballotti said the decision reflected the board’s confidence in Wyndham’s business model, cash-flow generation and commitment to shareholder returns. Repurchases may be conducted through open-market purchases or privately negotiated transactions, with timing and amounts determined by market conditions and other applicable factors. The program has no termination date but may be suspended or discontinued at any time. Wyndham is one of the world’s largest hotel franchising companies, with approximately 8,400 hotels and more than 873,000 franchised and affiliated rooms across approximately 100 countries and six continents. Its portfolio comprises 25 brands, while Wyndham Rewards has more than 126 million enrolled members.