Wyndham Hotels & Resorts (WH) 10-K13 Feb 252024 FY Annual reportFinancial data

Company Profile

Cover Page

Cover Page - USD ($)	12 Months Ended
Cover Page - USD ($)	Dec. 31, 2024	Jan. 31, 2025	Jun. 30, 2024
Cover [Abstract]
Document Type	10-K
Document Annual Report	true
Document Period End Date	Dec. 31, 2024
Current Fiscal Year End Date	--12-31
Document Transition Report	false
Entity File Number	001-38432
Entity Registrant Name	Wyndham Hotels & Resorts, Inc.
Entity Incorporation, State or Country Code	DE
Entity Address, Address Line One	22 Sylvan Way
Entity Address, City or Town	Parsippany,
Entity Address, State or Province	NJ
Entity Tax Identification Number	82-3356232
Entity Address, Postal Zip Code	07054
City Area Code	973
Local Phone Number	753-6000
Title of 12(b) Security	Common Stock, Par Value $0.01 per share
Trading Symbol	WH
Security Exchange Name	NYSE
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
ICFR Auditor Attestation Flag	true
Entity Shell Company	false
Entity Public Float			$ 5,780,000,000
Entity Common Stock, Shares Outstanding		77,745,945
Documents Incorporated by Reference	Portions of the Proxy Statement prepared for the 2025 Annual Meeting of Stockholders are incorporated by reference into Part III of this report.
Amendment Flag	false
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	FY
Entity Central Index Key	0001722684
Document Financial Statement Error Correction [Flag]	false

Audit Information

Audit Information	12 Months Ended
Audit Information	Dec. 31, 2024
Auditor Information [Abstract]
Auditor Name	Deloitte & Touche LLP
Auditor Location	New York, New York
Auditor Firm ID	34

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) $ in Millions	12 Months Ended
Consolidated Statements of Income - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Net revenues
Fee-related and other revenues	$ 1,404	$ 1,384	$ 1,354
Net revenues	1,408	1,397	1,498
Expenses
Operating	81	94	106
General and administrative	130	130	123
Depreciation and amortization	71	76	77
Gain on asset sale, net	0	0	(35)
Separation-related	(11)	1	1
Impairment	12	0	0
Transaction-related, net	47	11	0
Total expenses	913	894	940
Operating income	495	503	558
Interest expense, net	124	102	80
Early extinguishment of debt	3	3	2
Income before income taxes	368	398	476
Provision for income taxes	79	109	121
Net income	$ 289	$ 289	$ 355
Earnings per share
Basic (in usd per share)	$ 3.64	$ 3.43	$ 3.93
Diluted (in usd per share)	$ 3.61	$ 3.41	$ 3.91
Restructuring	$ 15	$ 0	$ 0
Royalties and franchise fees
Net revenues
Fee-related and other revenues	555	532	512
Marketing, reservation and loyalty
Net revenues
Fee-related and other revenues	563	578	544
Expenses
Cost of revenues	564	569	524
Management and other fees
Net revenues
Fee-related and other revenues	10	14	57
License and other fees
Net revenues
Fee-related and other revenues	119	112	100
Cost reimbursements
Net revenues
Cost reimbursements	4	13	144
Expenses
Cost of revenues	4	13	144
Other
Net revenues
Fee-related and other revenues	$ 157	$ 148	$ 141

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Statement of Comprehensive Income [Abstract]
Net income	$ 289	$ 289	$ 355
Other comprehensive income/(loss), net of tax
Foreign currency translation adjustments	(6)	12	(5)
Unrealized gains/(losses) on cash flow hedges	4	(31)	58
Other comprehensive (loss)/income, net of tax	(2)	(19)	53
Comprehensive income	$ 287	$ 270	$ 408

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) shares in Millions, $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 103	$ 66
Trade receivables, net	271	241
Prepaid expenses	44	27
Other current assets	49	39
Total current assets	467	373
Property and equipment, net	94	88
Goodwill	1,525	1,525
Other non-current assets	589	468
Total assets	4,223	4,033
Current liabilities:
Current portion of long-term debt	43	37
Accounts payable	37	32
Deferred revenues	121	91
Accrued expenses and other current liabilities	265	299
Total current liabilities	466	459
Long-term debt	2,420	2,164
Deferred income taxes	332	325
Deferred revenues	169	167
Other non-current liabilities	186	172
Total liabilities	3,573	3,287
Commitments and contingencies (Note 13)
Stockholders’ equity:
Preferred stock, $0.01 par value, authorized 6.0 shares, none issued and outstanding	0	0
Common stock, $0.01 par value, 102.8 and 102.1 issued at December 31, 2024 and 2023	$ 1	$ 1
Treasury Stock, Common, Shares	24.8	20.7
Treasury stock, at cost – 24.8 and 20.7 shares at December 31, 2024 and 2023	$ (1,669)	$ (1,361)
Additional paid-in capital	1,647	1,599
Retained earnings	654	488
Accumulated other comprehensive income	17	19
Total stockholders’ equity	650	746
Total liabilities and stockholders’ equity	4,223	4,033
Trademarks, net
Current assets:
Intangible assets, net	1,230	1,232
Franchise agreements and other intangibles, net
Current assets:
Intangible assets, net	$ 318	$ 347

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Dec. 31, 2024	Dec. 31, 2023
Statement of Financial Position [Abstract]
Preferred Stock, par value (in usd per share)	$ 0.01	$ 0.01
Preferred stock, authorized (in shares)	6,000,000	6,000,000
Preferred stock, issued (in shares)	0	0
Preferred stock, outstanding (in shares)	0	0
Common stock, par value (in usd per share)	$ 0.01	$ 0.01
Common stock, shares issued (in shares)	102,800,000	102,100,000

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Operating activities
Net income	$ 289	$ 289	$ 355
Adjustments to reconcile net income to net cash provided by/(used in) operating activities:
Depreciation and amortization	71	76	77
Provision for/(recovery of) doubtful accounts	4	3	(2)
Impairment	12	0	0
Deferred income taxes	4	(17)	(39)
Stock-based compensation	45	39	33
Gain on asset sale, net	0	0	(35)
Early extinguishment of debt	3	3	2
Net change in assets and liabilities:
Trade receivables	(39)	(10)	16
Prepaid expenses	(18)	5	(6)
Other current assets	2	37	(3)
Accounts payable, accrued expenses and other current liabilities	(33)	(4)	14
Deferred revenues	36	10	22
Payments of development advances	114	73	52
Proceeds from development advance notes	5	1	4
Other, net	23	17	13
Net cash provided by operating activities	290	376	399
Investing activities
Property and equipment additions	(49)	(37)	(39)
Acquisition of hotel brand	0	0	(44)
Loan advances	(17)	(29)	0
Loan repayments	1	0	0
Proceeds from asset sales, net	0	0	263
Other, net	0	0	(1)
Net cash (used in)/provided by investing activities	(65)	(66)	179
Financing activities
Proceeds from borrowings	1,835	1,378	400
Principal payments on long-term debt	(1,539)	(1,245)	(404)
Finance lease, principal payments	(39)	(5)	(5)
Debt issuance costs	(1)	(10)	(4)
Dividends to stockholders	(122)	(118)	(116)
Repurchases of common stock	(310)	(393)	(448)
Exercise of stock options	22	0	4
Net share settlement of incentive equity awards	(20)	(9)	(11)
Other, net	(1)	0	0
Net cash used in financing activities	(175)	(402)	(584)
Effect of changes in exchange rates on cash, cash equivalents and restricted cash	(3)	(3)	(4)
Net increase/(decrease) in cash, cash equivalents and restricted cash	47	(95)	(10)
Cash, cash equivalents and restricted cash, beginning of period	66	161	171
Cash, cash equivalents and restricted cash, end of period	$ 113	$ 66	$ 161

Consolidated Statements of Equi

Consolidated Statements of Equity - USD ($) shares in Millions, $ in Millions	Total	Common Stock	Additional Paid-in Capital	Retained Earnings/(Accumulated Deficit)	Accumulated Other Comprehensive Income/(Loss)	Treasury Stock, Common
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Shares, Outstanding		92
Balance as of beginning of period, value at Dec. 31, 2021	$ 1,089	$ 1	$ 1,543	$ 79	$ (15)	$ (519)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	355			355
Other comprehensive income (loss)	53				53
Dividends	116			116
Stock Repurchased During Period, Shares		(6)
Repurchase of common stock	(445)					(445)
Net Share Settlement of Incentive Equity Awards	(11)		(11)
Net income	33		33
Stock Issued During Period, Value, Stock Options Exercised	4		4
Balance as of end of period, value at Dec. 31, 2022	962	$ 1	1,569	318	38	(964)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Shares, Outstanding		86
Net income	289			289
Other comprehensive income (loss)	(19)				(19)
Dividends	119			119
Stock Repurchased During Period, Shares		(5)
Repurchase of common stock	(397)					(397)
Net Share Settlement of Incentive Equity Awards	(9)		(9)
Net income	38		38
Stock Issued During Period, Value, Stock Options Exercised			1
Stockholders' Equity, Other	1
Balance as of end of period, value at Dec. 31, 2023	746	$ 1	1,599	488	19	(1,361)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Shares, Outstanding		81
Net income	289
Other comprehensive income (loss)	(2)				(2)
Dividends	123			123
Stock Repurchased During Period, Shares		(4)
Repurchase of common stock	(308)					(308)
Net Share Settlement of Incentive Equity Awards	(20)		(20)
Net income	$ 45		45
Exercised (in shares)	0.4	1
Stock Issued During Period, Value, Stock Options Exercised	$ 22		22
Stockholders' Equity, Other	1		1
Balance as of end of period, value at Dec. 31, 2024	$ 650	$ 1	$ 1,647	$ 654	$ 17	$ (1,669)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Shares, Outstanding		78

Basis of Presentation

Basis of Presentation	12 Months Ended
Basis of Presentation	Dec. 31, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	1. BASIS OF PRESENTATION Wyndham Hotels & Resorts, Inc. (collectively with its consolidated subsidiaries, “Wyndham Hotels” or the “Company”) is a leading global hotel franchisor, licensing its renowned hotel brands to hotel owners in over 95 countries around the world. The Consolidated Financial Statements have been prepared on a stand-alone basis. The Consolidated Financial Statements include the Company’s assets, liabilities, revenues, expenses and cash flows and all entities in which it has a controlling financial interest. The accompanying Consolidated Financial Statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”). All intercompany balances and transactions have been eliminated in the Consolidated Financial Statements. In presenting the Consolidated Financial Statements, management makes estimates and assumptions that affect the amounts reported and related disclosures. Estimates, by their nature, are based on judgment and available information. Accordingly, actual results could differ from those estimates. In management’s opinion, the Consolidated Financial Statements contain all normal recurring adjustments necessary for a fair presentation of annual results reported. Business Description Wyndham Hotels’ primary segment is hotel franchising which principally consists of licensing the Company’s lodging brands and providing related services to third-party hotel owners and others. Beginning with the first quarter of 2023, as a result of the changes in its Hotel Management segment including the exit from the select-service management business, the sale of its two owned hotels and the exit from substantially all of its U.S. full-service management business, the Hotel Management segment no longer met the quantitative thresholds to be disclosed as a reportable segment. As a result, the Company has aggregated, on a prospective basis, the remaining hotel management business, which is predominately the full-service international managed business within its Hotel Franchising segment.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
Summary of Significant Accounting Policies	Dec. 31, 2024
Accounting Changes and Error Corrections [Abstract]
Summary of Significant Accounting Policies	2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Principles of Consolidation When evaluating an entity for consolidation, the Company first determines whether an entity is within the scope of the guidance for consolidation of variable interest entities (“VIEs”) and if it is deemed to be a VIE. If the entity is considered to be a VIE, the Company determines whether it would be considered the entity’s primary beneficiary. The Company consolidates those VIEs for which it has determined that it is the primary beneficiary. The Company will consolidate an entity not deemed a VIE upon a determination that it has a controlling financial interest. For entities where the Company does not have a controlling financial interest, the investments in such entities are classified as available-for-sale securities or accounted for using the equity method, as appropriate. Use of Estimates and Assumptions The preparation of the Consolidated Financial Statements requires the Company to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses and the disclosure of contingent assets and liabilities in the Consolidated Financial Statements and accompanying notes. Although these estimates and assumptions are based on the Company’s knowledge of current events and actions it may undertake in the future, actual results may ultimately differ from estimates and assumptions. Revenue Recognition The principal source of revenues from franchising hotels is ongoing royalty, marketing and reservation fees, which are typically a percentage of gross room revenues of each franchised hotel. For a more detailed description of revenue recognition see Note 3 - Revenue Recognition. Loyalty Program The Company operates the Wyndham Rewards loyalty program. Loyalty members primarily accumulate points by staying in hotels operated under one of the Company’s brands. Wyndham Rewards members may also accumulate points by purchasing everyday services and products with their Wyndham Rewards co-branded credit card. The Company earns revenue from these programs (i) when a member stays at a participating hotel or club resort or vacation rental from a fee charged by the Company to the property owner or manager, which is based upon a percentage of room revenues generated from such stay which the Company recognizes, net of redemptions, over time based upon loyalty point redemption patterns, including an estimate of loyalty points that will expire or will never be redeemed, and (ii) based upon a percentage of the member’s spending on the Wyndham Rewards co-branded credit cards for which revenues are paid to the Company by a third-party issuing bank which the Company primarily recognizes over time based upon the redemption patterns of the loyalty points earned under the program, including an estimate of loyalty points that will expire or will never be redeemed. As members earn points through the loyalty program, the Company records a liability for the estimated future redemption costs, which is calculated based on (i) an estimated cost per point and (ii) an estimated redemption rate of the overall points earned, which is determined with the assistance of a third-party actuarial firm through historical experience, current trends and the use of an actuarial analysis. The Company estimates the value of the future redemption obligations by projecting the timing of future point redemptions based on historical levels, including an estimate of the points that will expire or never be redeemed, and an estimate of the points members will eventually redeem. The recorded liability related to the program totals $105 million and $117 million as of December 31, 2024 and 2023, respectively, of which $65 million and $75 million, respectively, are included in accrued expenses and other current liabilities, and $40 million and $42 million, respectively, are included in other non-current liabilities on the Company’s Consolidated Balance Sheets. Cash and Cash Equivalents The Company considers highly-liquid investments purchased with an original maturity of three months or less to be cash equivalents. Valuation of Accounts Receivable The Company measures the expected credit losses of its receivables on a collective (pool) basis which aggregates receivables with similar risk characteristics and uses historical collection attrition rates for ten years to estimate its expected credit losses. For a more detailed description of the valuation of accounts receivable see Note 5 - Accounts Receivable. Advertising Expense Advertising costs are expensed in the period incurred. Advertising expenses, which are primarily recorded within marketing and reservation expenses on the Consolidated Statements of Income, were $110 million, $127 million and $124 million in 2024, 2023 and 2022, respectively. Property and Equipment Property and equipment (including building and leasehold improvements) are recorded at cost and presented net of accumulated depreciation and amortization. Depreciation, recorded as a component of depreciation and amortization on the Consolidated Statements of Income, is calculated utilizing the straight-line method over the lesser of the lease terms or estimated useful lives of the related assets. Amortization of leasehold improvements, also recorded as a component of depreciation and amortization, is calculated utilizing the straight-line method over the lesser of the estimated benefit period of the related assets or the lease terms. Useful lives are generally up to 20 years for leasehold improvements, 30 years for buildings, up to 15 years for building improvements and from three The Company capitalizes the costs of software developed for internal use in accordance with the guidance for accounting for costs of computer software developed or obtained for internal use. Capitalization of software developed for internal use commences during the development phase of the project. The Company amortizes software developed or obtained for internal use on a straight-line basis over its estimated useful life, which is generally three The net carrying value of software developed or obtained for internal use was $50 million and $47 million as of December 31, 2024 and 2023, respectively. Depreciation expense on capitalized software developed or obtained for internal use was $36 million, $40 million and $37 million for the twelve months ended December 31, 2024, 2023 and 2022, respectively, which is reported within depreciation and amortization on the Consolidated Statements of Income. Impairment of Long-Lived Assets Goodwill is reviewed annually (during the fourth quarter of each year subsequent to completing the Company’s annual forecasting process), or more frequently if circumstances indicate that the value of goodwill may be impaired, to the reporting units’ carrying values as required by the guidance. This is done either by performing a qualitative assessment or utilizing the one-step impairment test, with an impairment being recognized only where the fair value is less than carrying value. In any given year, the Company can elect to perform a qualitative assessment to determine whether it is more likely than not that the fair value of a reporting unit is in excess of its carrying value. If it is not more likely than not that the fair value is in excess of the carrying value, or the Company elects to bypass the qualitative assessment, the Company would use the one-step impairment test. The qualitative factors evaluated include macroeconomic conditions, industry and market considerations, cost factors, overall financial performance, its historical share price as well as other industry-specific considerations. The Company performed its annual quantitative assessment for impairment on each reporting unit’s goodwill as of October 1, 2024 and determined that no impairments existed and that it was more likely than not that the fair value of its reporting units continued to substantially exceed their carrying values. The Company also determines whether the carrying values of other indefinite-lived intangible assets are impaired on an annual basis or more frequently if indicators of potential impairment exist. Application of the other indefinite-lived intangible assets impairment test requires judgment in the assumptions used to determine fair value. The fair value of each other indefinite-lived intangible asset is estimated using a discounted cash flow methodology. This analysis requires significant judgments, including estimation of future cash flows, which are dependent on internal forecasts, discount rates and to a lesser extent, estimation of long-term rates of growth. The estimates used to calculate the fair value of other indefinite-lived intangible assets change from year to year based on operating results and market conditions. Changes in these estimates and assumptions could materially affect the determination of fair value and the other indefinite-lived intangible assets’ impairment. The Company performed its annual quantitative assessment for impairment on its indefinite-lived intangible assets as of October 1, 2024 and determined that no impairments existed and that it was more likely than not that the fair value of its indefinite-lived intangible assets continued to exceed their carrying values. The Company also evaluates the recoverability of each of its definite-lived intangible assets by performing a qualitative assessment to determine if circumstances indicate that impairment may have occurred. If such circumstances exist, the Company performs a quantitative assessment by comparing the respective carrying value of the assets to the expected future cash flows, on an undiscounted basis, to be generated from such assets. The Company also evaluates the recoverability of its other long-lived assets, including property and equipment, if circumstances indicate impairment may have occurred, pursuant to guidance for impairment or disposal of long-lived assets. This analysis is performed by comparing the respective carrying values of the assets to the current and expected future cash flows, on an undiscounted basis, to be generated from such assets. If such analysis indicates that the carrying value of these assets is not recoverable, the carrying value of such assets is reduced to fair value. Business Combinations The Company accounts for business combinations in accordance with the guidance for business combinations and related literature. Accordingly, the Company allocates the purchase price of acquired companies to the tangible and intangible assets acquired and liabilities assumed based upon their estimated fair values at the date of purchase. The difference between the purchase price and the fair value of the net assets acquired is recorded as goodwill. In determining the fair values of assets acquired and liabilities assumed in a business combination, the Company uses various recognized valuation methods including present value modeling and referenced market values, where available. Further, the Company makes assumptions within certain valuation techniques including discount rates and timing of future cash flows. Valuations are performed by management or external valuation specialists under management’s supervision, where appropriate. The Company believes that the estimated fair values assigned to the assets acquired and liabilities assumed are based on reasonable assumptions that marketplace participants would use. However, such assumptions are inherently uncertain and actual results could differ from those estimates. Income Taxes The Company recognizes deferred tax assets and liabilities based on the differences between the financial statement carrying amounts and the tax basis of assets and liabilities using currently enacted tax rates. The Company regularly reviews its deferred tax assets to assess their potential realization and establishes a valuation allowance for portions of such assets that the Company believes will not be ultimately realized. In performing this review, the Company makes estimates and assumptions regarding projected future taxable income, the expected timing of the reversals of existing temporary differences and the implementation of tax planning strategies. A change in these assumptions may increase or decrease the Company’s valuation allowance resulting in an increase or decrease in its effective tax rate, which could materially impact the Company’s results of operations. For tax positions the Company has taken or expects to take in a tax return, it applies a more likely than not threshold, under which the Company must conclude a tax position is more likely than not to be sustained, based on the technical merits, assuming that the position will be examined by the appropriate taxing authority that has full knowledge of all relevant information, in order to recognize or continue to recognize the benefit. In determining the Company’s provision for income taxes, the Company uses judgment, reflecting its estimates and assumptions, in applying the more likely than not threshold. The Company accounts for the global intangible low-taxed income provisions under the period cost method. Stock-Based Compensation In accordance with the guidance for stock-based compensation, the Company measures all employee stock-based compensation awards using a fair value method and records the related expense in its Consolidated Statements of Income. The Company recognizes the cost of stock-based compensation awards to employees as they provide services, and the expense is recognized ratably over the requisite service period. The requisite service period is the period during which an employee is required to provide services in exchange for an award. Forfeitures are recorded upon the actual employee termination for each outstanding grant. Derivative Instruments The Company uses derivative instruments as part of its overall strategy to manage its exposure to market risks primarily associated with fluctuations in interest rates and currency exchange rates. As a matter of policy, the Company does not use derivatives for trading or speculative purposes. All derivatives are recorded at fair value as either assets or liabilities. Changes in fair value of derivatives not designated as hedging instruments and of derivatives designated as fair value hedging instruments are recognized currently in operating income and interest expense, net in the Consolidated Statements of Income, based upon the nature of the hedged item. The effective portion of changes in fair value of derivatives designated as cash flow hedging instruments is recorded as a component of other comprehensive income. The ineffective portion is reported immediately in earnings as a component of operating or interest expense, based upon the nature of the hedged item. Amounts included in other comprehensive income are reclassified into earnings in the same period during which the hedged item affects earnings. Accumulated Other Comprehensive Income/(Loss) Accumulated other comprehensive income (“AOCI”) (loss) consists of accumulated foreign currency translation adjustments and unrealized gains or losses on the Company’s cash flow hedges. Foreign currency translation adjustments exclude income taxes related to indefinite investments in foreign subsidiaries. Assets and liabilities of foreign subsidiaries having non-U.S.-dollar functional currencies are translated at exchange rates at the balance sheet dates. Revenues and expenses are translated at average exchange rates during the periods presented. The gains or losses resulting from translating foreign currency financial statements into U.S. dollars, net of hedging gains or losses and taxes, are included in AOCI on the Consolidated Balance Sheets. Recently Issued Accounting Pronouncements In November 2024, the Financial Accounting Standards Board (“FASB”) issued an accounting update, Income Statement – Reporting Comprehensive Income – Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement Expenses , which requires disaggregated disclosure of income statement expenses on an annual and interim basis. This update requires disaggregation of certain expense captions into specified categories in disclosures within the footnotes to the financial statements. This guidance is effective for fiscal years beginning after December 15, 2026 and interim periods within fiscal years beginning after December 15, 2027. Other than additional disclosure, the Company does not expect a change to its consolidated financial statements. The Company will adopt the guidance on January 1, 2027, as required. In December 2023, the FASB issued an accounting update, Income Taxes (Topic 740): Improvements to Income Tax Disclosures, which modifies the rules on income tax disclosures to require entities to disclose (1) specific categories in the rate reconciliation, (2) the income or loss from continuing operations before income tax expense or benefit (separated between domestic and foreign) and (3) income tax expense or benefit from continuing operations (separated by federal, state and foreign). This update also requires entities to disclose their income tax payments to international, federal, state and local jurisdictions, among other changes. The guidance is effective for annual periods beginning after December 15, 2024. Early adoption is permitted for annual financial statements that have not yet been issued or made available for issuance. This update should be applied on a prospective basis, but retrospective application is permitted. The Company is currently evaluating the potential impact of adopting this new guidance on its consolidated financial statements and related disclosures. Other than additional disclosure, the Company does not expect a change to its consolidated financial statements. The Company will adopt the guidance on January 1, 2025, as required. Recently Adopted Accounting Pronouncements In November 2023, the FASB issued an accounting update, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures

Revenue Recognition

Revenue Recognition	12 Months Ended
Revenue Recognition	Dec. 31, 2024
Revenue from Contract with Customer [Abstract]
Revenue Recognition	3. REVENUE RECOGNITION The principal source of revenues from franchising hotels is ongoing royalty fees, which are typically a percentage of gross room revenues of each franchised hotel. The Company recognizes royalty fee revenues as and when the underlying sales occur. The Company also receives non-refundable initial franchise fees, which are recognized as revenues over the initial non-cancellable period of the franchise agreement, commencing when all material services or conditions have been substantially performed. This occurs when a hotel opens for business in the Company’s system or when a franchise agreement is terminated after it has been determined that the hotel will not open. The Company’s standard franchise agreement typically has a term of 10 to 20 years. Additionally, the Company recognizes occupancy taxes on a net basis. The Company’s franchise agreements also require the payment of marketing and reservation fees, which are intended to reimburse the Company for expenses associated with operating an international, centralized reservation system, e-commerce channels such as the Company’s brand.com websites, as well as access to third-party distribution channels, such as online travel agents, advertising and marketing programs, global sales efforts, operations support, training and other related services. Marketing and reservation fees are recognized as revenue when the underlying sales occur. The Company is generally contractually obligated to spend the marketing and reservation fees it collects from franchisees, in accordance with the franchise agreements. Marketing and reservations costs are expensed as incurred, which may not occur in the same period as the recognition of marketing and reservation revenues. The Company earns revenues from its Wyndham Rewards loyalty program when a member stays at a participating hotel, club resort or vacation rental. These revenues are derived from a fee the Company charges a franchised or managed hotel based upon a percentage of room revenues generated from a Wyndham Rewards member’s stay. These fees are to reimburse the Company for expenses associated with member redemptions and activities that are related to the administering and marketing of the program. Revenues related to the loyalty program represent variable consideration and are recognized net of redemptions over time based upon loyalty point redemption patterns, which include an estimate of loyalty points that will expire or will never be redeemed. The Company earns revenue from its Wyndham Rewards co-branded credit card program, which is primarily generated by cardholder spending and the enrollment of new cardholders. The advance payments received under the program are recognized as a contract liability. The program primarily contains two performance obligations: (i) brand performance services, for which revenue is recognized over the contract term on a straight-line basis, and (ii) issuance and redemption of loyalty points, for which revenue is recognized over time based upon the redemption patterns of the loyalty points earned under the program, including an estimate of loyalty points that will expire or will never be redeemed. The Company provides management services for certain international hotels under management contracts. The Company’s standard management agreement typically has a term of 10 to 20 years. The Company’s management fees are comprised of base fees, which are typically a specified percentage of gross revenues from hotel operations, and, in some cases, incentive fees, which are typically a specified percentage of a hotel’s gross operating profit. The base fees are recognized when the underlying sales occur and the management services are performed. Incentive fees are recognized when determinable, which is when the Company has met hotel operating performance metrics and the Company has determined that a significant reversal of revenues recognized will not occur. The Company also recognizes reimbursable payroll costs for operational employees and other reimbursable costs at certain of the Company’s managed hotels as revenue. In 2024, these costs and revenues relate to the Company’s international managed portfolio. Although these costs are funded by hotel owners, accounting guidance requires the Company to report these fees on a gross basis as both revenues and expenses. The Company recognizes license and other revenues from Wyndham Worldwide (“former Parent”), now known as Travel + Leisure Co. and other affiliates, for use of the “Wyndham” trademark and certain other trademarks. In addition, the Company earned revenues from its previously two owned hotels (sold in 2022), which consisted primarily of (i) gross room rentals, (ii) food and beverage services and (iii) on-site spa, casino, golf and shop revenues. These revenues were recognized upon the completion of services. Deferred Revenues Deferred revenues, or contract liabilities, generally represent payments or consideration received in advance for goods or services that the Company has not yet provided to the customer. Deferred revenues as of December 31, 2024 and 2023 are as follows: December 31, 2024 December 31, 2023 Deferred initial franchise fee revenues $ 145 $ 145 Deferred loyalty program revenues 97 95 Deferred co-branded credit card program revenues 22 3 Deferred other revenues 26 15 Total $ 290 $ 258 Deferred initial franchise fees represent payments received in advance from prospective franchisees upon the signing of a franchise agreement and are generally recognized to revenue within 13 years. Deferred loyalty revenues represent the portion of loyalty program fees charged to franchisees, net of redemption costs, that have been deferred and will be recognized over time based upon loyalty point redemption patterns. Deferred co-branded credit card program revenue represents payments received in advance from the Company’s co-branded credit card partners, primarily for card member activity, which is typically recognized within one year. Performance Obligations A performance obligation is a promise in a contract to transfer a distinct good or service to a customer. The consideration received from a customer is allocated to each distinct performance obligation and recognized as revenue when, or as, each performance obligation is satisfied. The following table summarizes the Company’s remaining performance obligations for the years set forth below: 2025 2026 2027 Thereafter Total Initial franchise fee revenues $ 17 $ 8 $ 7 $ 113 $ 145 Loyalty program revenues 60 25 10 2 97 Co-branded credit card program revenues 22 — — — 22 Other revenues 22 1 — 3 26 Total $ 121 $ 34 $ 17 $ 118 $ 290 Disaggregation of Net Revenues The table below presents a disaggregation of the Company’s net revenues from contracts with customers by major services and products for each of the Company’s segments: Year Ended December 31, 2024 2023 2022 Hotel Franchising (a) Royalties and franchise fees $ 555 $ 532 $ 496 Marketing and reservation fees 467 487 457 Loyalty revenue 96 91 86 Management and other fees 10 14 — License and other fees 119 112 100 Cost reimbursements 4 13 — Other (b) 157 148 138 Total Hotel Franchising 1,408 1,397 1,277 Hotel Management Royalties and franchise fees n/a n/a 16 Marketing, reservation and loyalty n/a n/a 1 Owned hotel revenues n/a n/a 42 Management fees n/a n/a 15 Cost reimbursements n/a n/a 144 Other n/a n/a 3 Total Hotel Management n/a n/a 221 Net revenues $ 1,408 $ 1,397 $ 1,498 _____________________ (a) For 2024 and 2023, the Hotel Franchising segment includes the former Hotel Management segment, which is primarily comprised of the Company's remaining international full-service managed business. (b) The Company’s other revenues are primarily related to revenues from its co-branded credit card program and property management systems. Capitalized Contract Costs

Earnings Per Share

Earnings Per Share	12 Months Ended
Earnings Per Share	Dec. 31, 2024
Earnings Per Share [Abstract]
Earnings Per Share	4. EARNINGS PER SHARE The computation of basic and diluted earnings per share (“EPS”) is based on net income divided by the basic weighted average number of common shares and diluted weighted average number of common shares, respectively. The following table sets forth the computation of basic and diluted EPS (in millions, except per-share data) for the years ended December 31: 2024 2023 2022 Net income $ 289 $ 289 $ 355 Basic weighted average shares outstanding 79.5 84.4 90.3 Stock options and restricted stock units (“RSUs”) (a) 0.6 0.5 0.5 Diluted weighted average shares outstanding 80.1 84.9 90.8 Earnings per share: Basic $ 3.64 $ 3.43 $ 3.93 Diluted 3.61 3.41 3.91 Dividends: Cash dividends declared per share $ 1.52 $ 1.40 $ 1.28 Aggregate dividends paid to stockholders $ 122 $ 118 $ 116 _____________________ (a) Diluted shares outstanding exclude shares related to stock options which were immaterial for both 2024 and 2023 and 0.4 million for 2022. Diluted shares outstanding exclude shares related to RSUs of 0.3 million, 0.4 million and 0.2 million for 2024, 2023 and 2022, respectively. Such options and RSUs were excluded as their effect would have been anti-dilutive under the treasury stock method. Stock Repurchase Program The following table summarizes stock repurchase activity under the current stock repurchase program (in millions, except per share data): Shares Cost Average Price Per Share As of December 31, 2023 20.7 $ 1,361 $ 65.69 For the twelve months ended December 31, 2024 4.1 308 75.63 As of December 31, 2024 24.8 $ 1,669 $ 67.32 The Company had $538 million of remaining availability under its program as of December 31, 2024.

Accounts Receivables

Accounts Receivables	12 Months Ended
Accounts Receivables	Dec. 31, 2024
Receivables [Abstract]
Accounts and Nontrade Receivable	5. ACCOUNTS RECEIVABLE Allowance for Doubtful Accounts The Company generates trade receivables in the ordinary course of its business and provides for estimated bad debts on such receivables. The Company measures the expected credit losses of its receivables on a collective (pool) basis which aggregates receivables with similar risk characteristics and uses historical collection attrition rates for ten years to estimate its expected credit losses. As such, the Company measures the expected credit losses of its receivables by segment and geographical area. The Company provides an estimate of expected credit losses for its receivables immediately upon origination or acquisition and may adjust this estimate in subsequent reporting periods as required. When the Company determines that an account is not collectible, the account is written-off to the allowance for doubtful accounts. The Company also considers whether the historical economic conditions are comparable to current economic conditions. If current or expected future conditions differ from the conditions in effect when the historical experience was generated, the Company would adjust the allowance for doubtful accounts to reflect the expected effects of the current environment on the collectability of the Company’s trade receivables which may be material. The following table sets forth the activity in the Company’s allowance for doubtful accounts on trade accounts receivables for the years ended: December 31, 2024 December 31, 2023 December 31, 2022 Beginning balance $ 60 $ 64 $ 81 Provision for/(recovery of) doubtful accounts 6 3 (2) Bad debt write-offs (5) (7) (15) Ending balance $ 61 $ 60 $ 64 Notes Receivable

Property and Equipment, Net Pro

Property and Equipment, Net Property and Equipment, Net	12 Months Ended
Property and Equipment, Net Property and Equipment, Net	Dec. 31, 2024
Property, Plant and Equipment [Abstract]
Property and Equipment, net	6. PROPERTY AND EQUIPMENT, NET In the fourth quarter of 2024, the Company purchased its corporate headquarters which was previously accounted for as a finance lease. The Company paid $48 million, of which $33 million was recorded to finance lease liability within long-term debt on the Consolidated Balance Sheet and the remaining $15 million was recorded to land and building within property and equipment, net on its Consolidated Balance Sheet. Additionally, the Company recorded an $18 million non-cash reclass representing the net book value of the finance lease asset, to land and building which is reported within property and equipment, net on its Consolidated Balance Sheet. In connection with this transaction, the Company reported $33 million within financing activities as principal payments on finance lease obligations and $15 million within investing activities as property and equipment on its Consolidated Statement of Cash Flows. Property and equipment, net consisted of: As of December 31, 2024 2023 Land 7 — Building 26 — Building improvements 2 — Leasehold improvements 1 29 Capitalized software 166 258 Furniture, fixtures and equipment 16 24 Finance leases — 64 Construction in progress 7 13 225 388 Less: Accumulated depreciation 131 300 $ 94 $ 88 The Company recorded depreciation expense of $44 million, $49 million, and $46 million during 2024, 2023 and 2022, respectively, related to property and equipment.

Intangible Assets

Intangible Assets	12 Months Ended
Intangible Assets	Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets	7. INTANGIBLE ASSETS Intangible assets consisted of the following: December 31, 2024 December 31, 2023 Gross Gross Goodwill $ 1,525 $ 1,525 December 31, 2024 December 31, 2023 Gross Accumulated Net Gross Accumulated Net Unamortized intangible assets: Trademarks $ 1,230 $ 1,232 Amortized intangible assets: Franchise agreements $ 912 $ 594 $ 318 $ 913 $ 567 $ 346 Management agreements 1 1 — 1 1 — Other — — — 1 — 1 $ 913 $ 595 $ 318 $ 915 $ 568 $ 347 The changes in the carrying amount of goodwill by reporting unit are as follows: Balance as of December 31, 2022 Adjustments to Goodwill Balance as of December 31, 2024 Hotel Franchising $ 1,441 $ — $ 1,441 Hotel Management 84 — 84 Total $ 1,525 $ — $ 1,525 Amortization expense relating to amortizable intangible assets was as follows for the years ended December 31: 2024 2023 2022 Franchise agreements $ 27 $ 26 $ 26 Management agreements — 1 5 Total (a) $ 27 $ 27 $ 31 ______________________ (a) Included as a component of depreciation and amortization on the Consolidated Statements of Income. Based on the Company’s amortizable intangible assets as of December 31, 2024, the Company expects related amortization expense as follows: Amount 2025 $ 27 2026 26 2027 25 2028 25 2029 24 In March 2022, the Company completed the exit of its select-service hotel management business and received an $84 million termination fee, which under the terms of the agreement with CorePoint Lodging (“CPLG”) effectively resulted in the sale of the rights to the management contracts that were acquired as part of the La Quinta Holdings purchase in 2018. The termination fee proceeds were completely offset by the write-off of the remaining balance of the related hotel management contract intangible asset and thus resulted in a full recovery of such asset. The proceeds were reported in proceeds from asset sales, net on the Consolidated Statement of Cash Flows. The franchise agreements for these hotels remained in place at their stated fee structure.

Franchising, Marketing and Rese

Franchising, Marketing and Reservation Activities	12 Months Ended
Franchising, Marketing and Reservation Activities	Dec. 31, 2024
Franchisors [Abstract]
Franchising and Marketing and Reservation Activities	8. FRANCHISING, MARKETING AND RESERVATION ACTIVITIES Royalties and franchise fee revenues on the Consolidated Statements of Income include initial franchise fees of $22 million, $16 million and $15 million in 2024, 2023 and 2022, respectively. In accordance with its franchise agreements, the Company is generally contractually obligated to expend the marketing and reservation fees it collects from franchisees for the operation of an international, centralized, brand-specific reservation system and for marketing purposes such as advertising, promotional and co-marketing programs, and training for the respective franchisees. Development Advance Notes The Company may, at its discretion, provide development advance notes to certain franchisees/hotel owners in order to assist them in converting to one of its brands, in building a new hotel to be flagged under one of its brands or in assisting in other franchisee expansion efforts. Provided the franchisee/hotel owner is in compliance with the terms of the franchise agreement, all or a portion of the development advance notes may be forgiven by the Company over the period of the franchise agreement. Otherwise, the related principal is due and payable to the Company. In certain instances, the Company may earn interest on unpaid franchisee development advance notes. The Company’s Consolidated Financial Statements include the following with respect to development advances: Consolidated Balance Sheets: As of December 31, 2024 2023 Other non-current assets $ 308 $ 228 During 2024, the Company made a non-cash reclass of $10 million from loan receivables to development advance notes, both of which were reported within other non-current assets. During 2023, the Company made a non-cash reclass of $29 million to development advance notes in connection with the execution of franchise agreements, of which $25 million was from other current assets and $4 million was from other non-current assets. As a result of the Company’s evaluation of the recoverability of the carrying value of the development advance notes, the Company recorded an impairment charge of $10 million during the first quarter of 2024. Consolidated Statements of Income: Year Ended December 31, 2024 2023 2022 Forgiveness of notes (a) $ 24 $ 15 $ 12 Impairment (b) 10 — — Bad debt expense related to notes — 1 1 _____________________ (a) Amounts are recorded as a reduction of royalties and franchise fees and marketing, reservation and loyalty revenues on the Consolidated Statements of Income. (b) Amount is recorded within impairment on the Consolidated Statements of Income. Restricted Cash As of December 31, 2024, the Company had $10 million of restricted cash that is reported within other non-current assets on the Condensed Consolidated Balance Sheet. The Company had no restricted cash on its Condensed Consolidated Balance Sheet as of December 31, 2023.

Accrued Expenses and Other Curr

Accrued Expenses and Other Current Liabilities Accrued Expenses and Other Current Liabilities	12 Months Ended
	Dec. 31, 2024
Accrued Expenses and Other Current Liabilities [Abstract]
Accrued Expenses and Other Current Liabilities	9. ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES Accrued expenses and other current liabilities consisted of: As of December 31, 2024 2023 Accrued taxes payable $ 66 $ 64 Accrued loyalty program liabilities (Note 2) 65 75 Accrued payroll and related expenses 55 57 Accrued self-insurance liabilities 17 21 Accrued professional expenses 14 19 Accrued interest 9 10 Due to former Parent (Note 17) 8 20 Accrued restructuring (Note 16) 5 — Accrued legal settlements (Note 13) 3 7 Operating lease liabilities (Note 18) 3 4 Accrued marketing expenses 2 4 Other 18 18 $ 265 $ 299

Income Taxes

Income Taxes	12 Months Ended
Income Taxes	Dec. 31, 2024
Income Tax Disclosure [Abstract]
Income Taxes	10. INCOME TAXES The income tax provision consists of the following: Year Ended December 31, 2024 2023 2022 Current Federal $ 43 $ 72 $ 116 State 12 14 22 Foreign 20 40 22 75 126 160 Deferred Federal 4 (6) (30) State 2 (4) (9) Foreign (2) (7) — 4 (17) (39) Provision for income taxes $ 79 $ 109 $ 121 Pretax income for domestic and foreign operations consisted of the following: Year Ended December 31, 2024 2023 2022 Domestic $ 264 $ 332 $ 432 Foreign 104 66 44 Pretax income $ 368 $ 398 $ 476 Deferred Taxes Deferred income tax assets and liabilities are comprised of the following: As of December 31, 2024 2023 Deferred income tax assets: Accrued liabilities and deferred revenues $ 85 $ 95 Tax credits (a) 8 9 Other comprehensive income and other 16 13 Provision for doubtful accounts 9 8 Net operating loss carryforward (b) 20 23 Valuation allowance (c) (19) (23) Deferred income tax assets 119 125 Deferred income tax liabilities: Depreciation and amortization 404 412 Other comprehensive income and other 34 26 Deferred income tax liabilities 438 438 Net deferred income tax liabilities $ 319 $ 313 Reported in: Other non-current assets $ 13 $ 12 Deferred income taxes 332 325 Net deferred income tax liabilities $ 319 $ 313 _____________________ (a) As of December 31, 2024, the Company had $7 million of foreign tax credits. The foreign tax credits expire no later than 2034. (b) As of December 31, 2024, the Company’s net operating loss carryforwards primarily relate to state net operating losses, which are due to expire at various dates, but no later than 2044. (c) The valuation allowance of $19 million as of December 31, 2024 relates to net operating loss carryforwards, certain deferred tax assets and foreign tax credits of $9 million, $3 million and $7 million, respectively. The valuation allowance of $23 million as of December 31, 2023 relates to net operating loss carryforwards, certain deferred tax assets and foreign tax credits of $12 million, $2 million and $9 million, respectively. The valuation allowance will be reduced when and if the Company determines it is more likely than not that the related deferred income tax assets will be realized. Although the one-time mandatory deemed repatriation tax during 2017 and the territorial tax system created as a result of U.S. tax reform generally eliminate U.S. federal income taxes on dividends from foreign subsidiaries, the Company continues to assert that all of the undistributed foreign earnings of $143 million will be reinvested indefinitely as of December 31, 2024. In the event the Company determines not to continue to assert that all or part of its undistributed foreign earnings are permanently reinvested, such a determination in the future could result in the accrual and payment of additional foreign withholding taxes and U.S. taxes on currency transaction gains and losses, the determination of which is not practicable due to the complexities associated with the hypothetical calculation. The Company’s effective income tax rate differs from the U.S. federal statutory rate as follows for the years ended December 31: 2024 2023 2022 Federal statutory rate 21.0 % 21.0 % 21.0 % State and local income taxes, net of federal tax benefits 3.0 2.5 2.8 Taxes on foreign operations at rates different than U.S. federal statutory rates 0.8 2.6 1.9 Taxes on foreign income, net of tax credits 0.2 0.3 0.4 Nondeductible executive compensation 1.7 1.2 0.7 Foreign-derived intangible income (1.1) (0.8) (0.5) Valuation allowances — 0.1 (0.6) Puerto Rico tax credits (3.7) — — Other (0.4) 0.5 (0.3) 21.5 % 27.4 % 25.4 % The effective income tax rate for 2024, 2023 and 2022 differs from the U.S. Federal income tax rate of 21% primarily due to state taxes and U.S. and foreign taxes, including withholding taxes on the Company’s international operations. During 2024, the effective income tax rate was lower primarily due to tax credits received in Puerto Rico. The following table summarizes the activity related to the Company’s unrecognized tax benefits as of December 31: 2024 2023 2022 Beginning balance $ 11 $ 8 $ 7 Increases related to tax positions taken during a prior period — 7 4 Increases related to tax positions taken during the current period 2 2 — Decreases related to settlements with taxing authorities — (2) — Decreases as a result of a lapse of the applicable statute of limitations (2) (4) (3) Ending balance $ 11 $ 11 $ 8 The gross amount of the unrecognized tax benefits that, if recognized, would affect the Company’s effective tax rate was $11 million as of December 31, 2024 and 2023 and $8 million as of December 31, 2022. The Company recorded both accrued interest and penalties related to unrecognized tax benefits as a component of provision for income taxes on the Consolidated Statements of Income. The amount of potential penalties and interest related to these unrecognized tax benefits recorded in the provision for income taxes were immaterial during 2024, 2023 and 2022. The Company had a liability for potential penalties of $1 million as of December 31, 2024, 2023 and 2022, and potential interest of $3 million as of December 31, 2024 and 2023 and $2 million as of December 31, 2022, respectively. Such liabilities are reported as a component of accrued expenses and other current liabilities and other non-current liabilities on the Consolidated Balance Sheets. The Company files income tax returns in the U.S. federal and state jurisdictions, as well as in foreign jurisdictions. With certain exceptions, the Company is no longer subject to federal income tax examinations for years prior to 2021. The 2018 through 2023 tax years generally remain subject to examination by many state tax authorities. In significant foreign jurisdictions, the 2017 through the 2023 tax years generally remain subject to examination by their respective tax authorities. The statute of limitations is scheduled to expire and current open examinations are expected to be resolved within 12 months of the reporting date in certain taxing jurisdictions, and the Company therefore believes that it is reasonably possible that the total amount of its unrecognized tax benefits could decrease by $9 million to $10 million, inclusive of interest and penalties. The Company made cash income tax payments, net of refunds, of $95 million during both 2024 and 2023 and $123 million during 2022. Various jurisdictions in which the Company operates have enacted the Pillar II directive which establishes a global minimum corporate tax rate of 15% initiated by the Organization for Economic Co-operation and Development with an effective date of January 1, 2024. Based on the Company's current analysis, Pillar II did not have a material impact on its financial results, including its annual estimated effective tax rate or liquidity for 2024.

Long-Term Debt and Borrowing Ar

Long-Term Debt and Borrowing Arrangements	12 Months Ended
Long-Term Debt and Borrowing Arrangements	Dec. 31, 2024
Debt Disclosure [Abstract]
Long-Term Debt and Borrowing Arrangements	11. LONG-TERM DEBT AND BORROWING ARRANGEMENTS The Company’s indebtedness consisted of: As of December 31, 2024 2023 Long-term debt: (a) Amount Weighted Average Rate (b) Amount Weighted Average Rate (b) $750 million revolving credit facility (due April 2027) $ 88 7.17% $ 160 7.30% $400 million term loan A (due April 2027) 364 7.02% 384 6.82% $1.5 billion term loan B (due May 2030) 1,515 4.20% 1,123 4.10% $500 million 4.375% senior unsecured notes (due August 2028) 496 4.38% 495 4.38% Finance leases — 4.50% 39 4.50% Total long-term debt 2,463 4.84% 2,201 4.77% Less: Current portion of long-term debt 43 37 Long-term debt $ 2,420 $ 2,164 _____________________ (a) The carrying amount of the term loans and senior unsecured notes are net of deferred debt issuance costs of $13 million and $16 million as of December 31, 2024 and 2023, respectively. The carrying amount of the term loan B is net of unamortized discounts of $5 million as of both December 31, 2024 and 2023. (b) Weighted average interest rates are based on the stated interest rate for the year-to-date periods and include the effects from hedging. Maturities and Capacity The Company’s outstanding debt as of December 31, 2024 matures as follows: Long-Term Debt Within 1 year $ 43 Between 1 and 2 years 45 Between 2 and 3 years 410 Between 3 and 4 years 512 Between 4 and 5 years 15 Thereafter 1,438 Total $ 2,463 As of December 31, 2024, the available capacity under the Company’s revolving credit facility was as follows: Revolving Credit Facility Total capacity $ 750 Less: Borrowings 88 Available capacity $ 662 Long-Term Debt $750 million Revolving Credit Facility In April 2022, the Company entered into the Third Amendment to the credit agreement dated May 30, 2018 (“Third Amendment”) which amended its original five-year $750 million revolver to extend the term to April 2027. The benchmark rate applicable to the revolver has changed from LIBOR to Secured Overnight Funding Rate (“SOFR”). The revolver is subject to an interest rate equal to, at the Company’s option, either (i) a base rate plus a margin ranging from 0.50% to 1.00% or (ii) SOFR, plus a margin ranging from 1.50% to 2.00% and an additional 0.10% SOFR adjustment, in either case based upon the total leverage ratio of the Company and its restricted subsidiaries. The revolver is subject to the same prepayment provisions and covenants applicable to the previous revolver. The Company had $88 million and $160 million of outstanding borrowings on its revolving credit facility as of December 31, 2024 and 2023, respectively. Such borrowings are included within long-term debt on the Consolidated Balance Sheet. $400 million Term Loan A Agreement The Third Amendment provides for a new senior secured term loan A facility (“Term Loan A”) in an aggregate principal amount of $400 million maturing in April 2027, the proceeds of which were used to repay a portion of the existing Term Loan B facility in 2022. The Term Loan A is subject to an interest rate equal to, at the Company’s option, either (i) a base rate plus a margin ranging from 0.50% to 1.00% or (ii) SOFR, plus a margin ranging from 1.50% to 2.00% and an additional 0.10% SOFR adjustment, in either case based upon the total leverage ratio of the Company and its restricted subsidiaries. The Term Loan A is subject to the same prepayment provisions and covenants applicable to the existing Term Loan B. The Term Loan A is subject to quarterly principal payments as follows: (i) 0.0% per year of the initial principal amount during the first year, (ii) 5.0% per year of the initial principal amount payable in equal quarterly installments during the second and third years and (iii) 7.5% per year of the initial principal amount payable in equal quarterly installments during the fourth and fifth years, with final payments of all amounts outstanding, plus accrued interest, being due on the maturity date in April 2027. $1.5 billion Term Loan B Agreement In May 2024, the Company entered into a Fifth Amendment to the credit agreement dated May 30, 2018 (the “Fifth Amendment”), in which the Company repriced all of its Term Loan B loans (“Prior Term Loan B Facility”) and borrowed an incremental $400 million. The new Senior Secured Term Loan B Facility (“New Term Loan B”) had an outstanding principal balance of $1.5 billion as of December 31, 2024. The incremental proceeds of the New Term Loan B were used for general corporate purposes, including the repayment of then-outstanding balances under the Company’s revolving credit facility. The New Term Loan B has substantially the same terms as the Prior Term Loan B Facility. The New Term Loan B bears interest at the Borrower’s option at a rate of (a) base rate, plus an applicable rate of 0.75% or (b) Term SOFR, plus an applicable rate of 1.75%. The New Term Loan B is subject to the same prepayment provisions and covenants applicable to the Prior Term Loan B facility. The Term SOFR with respect to the New Term Loan B is subject to a “floor” of 0.00%. The New Term Loan B is subject to the same prepayment provisions and covenants applicable to the Prior Term Loan B facility, subject to customary exceptions and limitations. These provisions include a standard mandatory prepayment provisions including (i) 100% of the net cash proceeds from issuances or incurrence of debt by the Company or any of its restricted subsidiaries (other than with respect to certain permitted indebtedness); (ii) 100% (with step-downs to 50% and 0% based upon achievement of specified first-lien leverage ratios) of the net cash proceeds from certain sales or other dispositions of assets by the Company or any of its restricted subsidiaries in excess of a certain amount and subject to customary reinvestment provisions and certain other exceptions; and (iii) 50% (with step-downs to 25% and 0% based upon achievement of specified first-lien leverage ratios) of annual (commencing with the 2019 fiscal year) excess cash flow of the Company and its restricted subsidiaries, subject to customary exceptions and limitations. The revolving credit facility and term loans (the “Credit Facilities”) are guaranteed, jointly and severally, by certain of the Company’s wholly-owned domestic subsidiaries and secured by a first-priority security interest in substantially all of the assets of the Company and those subsidiaries. The Credit Facilities were initially guaranteed by former Parent, which guarantee was released immediately prior to the consummation of the spin-off. The Credit Facilities contain customary covenants that, among other things, restrict, subject to certain exceptions, the Company and its restricted subsidiaries’ ability to grant liens on the Company and its restricted subsidiaries’ assets, incur indebtedness, sell assets, make investments, engage in acquisitions, mergers or consolidations and pay certain dividends and other restricted payments. The Credit Facilities require the Company to comply with financial maintenance covenants to be tested quarterly, consisting of a maximum first-lien leverage ratio. Subject to customary conditions and restrictions, the Company may obtain incremental term loans and/or revolving loans in an aggregate amount not to exceed (i) the greater of $650 million and 100% of EBITDA, plus (ii) the amount of all voluntary prepayments and commitment reductions under the Credit Facilities, plus (iii) additional amounts subject to certain leverage-based ratio tests. The Credit Facilities also contain certain customary events of default, including, but not limited to: (i) failure to pay principal, interest, fees or other amounts under the Credit Facilities when due, taking into account any applicable grace period; (ii) any representation or warranty proving to have been incorrect in any material respect when made; (iii) failure to perform or observe covenants or other terms of the Credit Facilities subject to certain grace periods; (iv) a cross-default and cross-acceleration with certain other material debt; (v) bankruptcy events; (vi) certain defaults under ERISA; and (vii) the invalidity or impairment of security interests. The New Term Loan B is subject to equal quarterly amortization of principal of 0.25% of the initial principal amount, starting in the third quarter of 2024, the first full fiscal quarter after the closing date. 4.375% Senior Unsecured Notes In August 2020, the Company issued $500 million of senior unsecured notes, which mature in 2028 and bear interest at a rate of 4.375% per year, for net proceeds of $492 million. Interest is payable semi-annually in arrears on February 15 and August 15 of each year, commencing on February 15, 2021. Finance Leases Prior to the fourth quarter of 2024, the Company’s finance leases consisted of the lease of its corporate headquarters. In connection with the Company’s separation from former Parent, it was assigned the lease for its corporate headquarters located in Parsippany, New Jersey from its former Parent, which resulted in the Company recording a finance lease obligation and asset. In the fourth quarter of 2024, the Company purchased the property for its corporate headquarters. See Note 6, Property and Equipment, net for more details. Deferred Debt Issuance Costs The Company classifies deferred debt issuance costs related to its revolving credit facility within other non-current assets on the Consolidated Balance Sheets. Such deferred debt issuance costs were $2 million and $3 million as of December 31, 2024 and 2023, respectively. Cash Flow Hedge As of December 31, 2024, the Company has pay-fixed/receive-variable interest rate swaps which hedge the interest rate exposure on $1.4 billion, effectively representing over 94% of the outstanding amount of its term loan B. The interest rate swaps have weighted average fixed rates (plus applicable spreads) ranging from 3.31% to 3.84% based on various effective dates for each of the swap agreements, with $475 million of swaps expiring in the fourth quarter of 2027, $600 million expiring in the second quarter of 2028, and $350 million expiring in the third quarter of 2028. For the year ended December 31, 2024 and 2023, the weighted average fixed rate (plus applicable spreads) for the swaps were 1.86% and 1.77%, respectively. The aggregate fair value of these interest rate swaps was a net asset of $18 million and $13 million as of December 31, 2024 and 2023, respectively, which was included within other non-current assets on the Consolidated Balance Sheets, respectively. The effect of interest rate swaps on interest expense, net on the Consolidated Statements of Income were $36 million of income during both 2024 and 2023 and $2 million of expense during 2022. There was no hedging ineffectiveness recognized in 2024, 2023 or 2022. The Company expects to reclassify approximately $8 million of gains from AOCI to interest expense during the next 12 months. Interest Expense, Net The Company incurred interest expense of $129 million, $108 million and $85 million in 2024, 2023 and 2022, respectively. Cash paid related to such interest was $126 million, $103 million and $82 million for 2024, 2023 and 2022, respectively. Interest income was $5 million, $6 million and $5 million for 2024, 2023 and 2022, respectively. Early Extinguishment of Debt

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
Commitments and Contingencies	Dec. 31, 2024
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	13. COMMITMENTS AND CONTINGENCIES Litigation The Company is involved, at times, in claims, legal and regulatory proceedings and governmental inquiries arising in the ordinary course of its business, including but not limited to: breach of contract, fraud and bad faith claims with franchisees in connection with franchise agreements and with owners in connection with management contracts, as well as negligence, breach of contract, fraud, employment, consumer protection and other statutory claims asserted in connection with alleged acts or occurrences at owned, franchised or managed properties or in relation to guest reservations and bookings. The Company may also at times be involved in claims, legal and regulatory proceedings and governmental inquiries relating to bankruptcy proceedings involving efforts to collect receivables from a debtor in bankruptcy, employment matters, claims of infringement upon third parties’ intellectual property rights, claims relating to information security, privacy and consumer protection, fiduciary duty/trust claims, tax claims, environmental claims and landlord/tenant disputes. Along with many of its competitors, the Company and/or certain of its subsidiaries have been named as defendants in litigation matters filed in state and federal courts, alleging statutory and common law claims related to purported incidents of sex trafficking at certain franchised and managed hotel facilities. Many of these matters are in the pleading or discovery stages at this time. In certain matters, discovery has closed and the parties are engaged in dispositive motion practice. As of December 31, 2024, the Company is aware of approximately 50 pending matters filed naming the Company and/or subsidiaries. Due to the cadence of litigation filings, dismissals and settlements, including litigants attempting to preserve claims by filing within applicable statutory limitations periods, the number of pending matters may fluctuate from time to time. Based upon the status of these matters, the Company has not made a determination as to the likelihood of any probable loss of any one of these matters and is unable to estimate a range of losses at this time. The Company records an accrual for legal contingencies when it determines, after consultation with outside counsel, that it is probable that a liability has been incurred and the amount of the loss can be reasonably estimated. In making such determinations, the Company evaluates, among other things, the degree of probability of an unfavorable outcome, and when it is probable that a liability has been incurred, its ability to make a reasonable estimate of loss. The Company reviews these accruals each reporting period and makes revisions based on changes in facts and circumstances, including changes to its strategy in dealing with these matters. The Company believes that it has adequately accrued for such matters with reserves of $3 million and $7 million as of December 31, 2024 and 2023, respectively. The Company also had receivables for certain matters which are covered by insurance. Such receivables were immaterial as of December 31, 2024 and were $4 million as of December 31, 2023 and are included within other current assets on the Company’s Consolidated Balance Sheets. Litigation is inherently unpredictable and, although the Company believes that its accruals are adequate and/or that it has valid defenses in these matters, unfavorable results could occur. As such, an adverse outcome from such proceedings for which claims are awarded in excess of the amounts accrued, if any, could be material to the Company with respect to earnings and/or cash flows in any given reporting period. As of December 31, 2024, the potential exposure resulting from adverse outcomes of such legal proceedings could, in the aggregate, range up to approximately $11 million in excess of recorded accruals. However, the Company does not believe that the impact of such litigation will result in a material liability to the Company in relation to its combined financial position or liquidity. Guarantees Separation-Related Guarantees The Company assumed one-third of certain contingent and other corporate liabilities of former Parent incurred prior to the spin-off, including liabilities of former Parent related to, arising out of or resulting from certain terminated or divested businesses, certain general corporate matters of former Parent and any actions with respect to the separation plan or the distribution made or brought by any third party. Credit Support Provided and Other Indemnifications Relating to former Parent’s Sale of its European Vacation Rentals Business In May 2018, former Parent completed the sale of its European Vacation Rentals business to Compass IV Limited, an affiliate of Platinum Equity, LLC (“Buyer”). In connection with the sale of the European Vacation Rentals business, the Company provided certain post-closing credit support in the form of guarantees to help ensure that the business meets the requirements of certain credit card service providers, travel association and regulatory authorities. Such post-closing credit support may be enforced or called upon if the European vacation rentals business fails to meet its primary obligation to pay certain amounts when due. The European vacation rentals business has provided an indemnity to former Parent in the event that the post-closing credit support is enforced or called upon. Pursuant to the terms of the Separation and Distribution Agreement that was entered into in connection with the Company’s spin-off, the Company will assume one-third and former Parent will assume two-thirds of losses that may be incurred by former Parent or the Company in the event that these credit support arrangements are enforced or called upon by any beneficiary in respect of any indemnification claims made. The table below summarizes the post-closing credit support guarantees related to the sale of the European Vacation Rentals business, the fair values of such guarantees and the receivables from its former Parent representing two-thirds of such guarantees as of December 31, 2024: Guarantees Fair Value of Guarantees Receivable from former Parent Post-closing credit support at time of sale $ 81 $ 39 $ 26 Additional post-closing credit support 46 22 15 Total $ 127 $ 61 $ 41 The fair value of the guarantees was $61 million as of December 31, 2024 and 2023 and were included in other non-current liabilities on the Consolidated Balance Sheets. In connection with these guarantees the Company had receivables from its former Parent of $41 million as of December 31, 2024 and 2023, which were included in other non-current assets on its Consolidated Balance Sheets.

Stock-Based Compensation

Stock-Based Compensation	12 Months Ended
Stock-Based Compensation	Dec. 31, 2024
Share-Based Payment Arrangement [Abstract]
Stock-Based Compensation	14. STOCK-BASED COMPENSATION The Company has a stock-based compensation plan available to grant non-qualified stock options, incentive stock options, stock-settled appreciation rights (“SSARs”), RSUs, performance-vesting restricted stock units (“PSUs”) and/or other stock-based awards to key employees and non-employee directors. Under the Amended and Restated Wyndham Hotels & Resorts, Inc. 2018 Equity and Incentive Plan (“Stock Plan”), which originally became effective on May 14, 2018 and was amended and restated on November 20, 2024, a maximum of 10.0 million shares of common stock may be awarded. As of December 31, 2024, 4.4 million shares remained available. During 2024, the Company granted incentive equity awards totaling $36 million to key employees and senior officers in the form of RSUs. The RSUs generally vest ratably over a period of four years based on continuous service. Additionally, the Company approved incentive equity awards to key employees and senior officers in the form of PSUs with a maximum grant value of $18 million. The PSUs generally cliff vest on the third anniversary of the grant date based on continuous service with the number of shares earned (0% to 200% of the target award) dependent upon the extent to which the Company achieves certain performance metrics. Incentive Equity Awards Granted by the Company The activity related to the Company’s incentive equity awards for the year ended December 31, 2024 consisted of the following: RSUs PSUs Number of Weighted Number Weighted Balance as of December 31, 2023 1.0 $ 72.80 0.5 $ 76.56 Granted (a) 0.5 76.94 0.2 (b) 76.55 Vested (0.5) 68.86 (0.1) 65.21 Canceled (0.1) 76.72 — — Balance as of December 31, 2024 0.9 (c) $ 76.55 0.6 (d) $ 78.43 _____________________ (a) Represents awards granted by the Company primarily in February 2024. (b) Represents awards granted by the Company at the maximum achievement level of 200% of target payout. Actual shares that may be issued can range from 0% to 200% of target. (c) RSUs outstanding as of December 31, 2024 have an aggregate unrecognized compensation expense of $48 million, which is expected to be recognized over a weighted average period of 2.5 years. (d) PSUs outstanding as of December 31, 2024 have an aggregate maximum potential unrecognized compensation expense of $22 million, which may be recognized over a weighted average period of 1.8 years based on attainment of targets. There were no stock options granted in 2024 or 2023. The activity related to stock options for the year ended December 31, 2024 consisted of the following: Number of Options Weighted Average Exercise Price Weighted Average Remaining Contractual Life (Years) Aggregate Intrinsic Value (in millions) Outstanding as of December 31, 2023 1.0 $ 55.89 Granted — — Exercised (0.4) 58.43 Canceled — — Outstanding as of December 31, 2024 0.6 $ 54.45 2.5 $ 31 Unvested as of December 31, 2024 — $ — 0 $ — Exercisable as of December 31, 2024 0.6 $ 54.11 2.5 $ 31 The fair value of stock options granted by the Company were estimated on the date of the grant using the Black-Scholes option-pricing model with the relevant assumptions outlined in the table below. Expected volatility is based on both historical and implied volatilities of the stock of comparable companies over the estimated expected life of the options. The expected life represents the period of time the options are expected to be outstanding. The risk-free interest rate is based on yields on U.S. Treasury strips with a maturity similar to the estimated expected life of the options. The projected dividend yield was based on the Company’s anticipated annual dividend divided by the price of the Company’s stock on the date of the grant. Stock-Based Compensation Expense Stock-based compensation expense was $45 million, $39 million and $33 million for 2024, 2023 and 2022, respectively. For 2024, $2 million of stock-based compensation expense was recorded within both restructuring costs and transaction-related costs on the Consolidated Statements of Income.

Segment Information

Segment Information	12 Months Ended
Segment Information	Dec. 31, 2024
Segment Reporting [Abstract]
Segment Information	15. SEGMENT INFORMATION Wyndham Hotels’ primary segment is Hotel Franchising which principally consists of licensing the Company’s lodging brands and providing related services to third-party hotel owners and others. This reportable segment represents the Company’s operating segment for which separate financial information is available and is utilized on a regular basis by its chief operating decision maker to assess performance and allocate resources. The Company’s chief operating decision maker (“CODM”) is the chief executive officer. In identifying its reportable segment, the Company also considers the nature of services provided by its operating segment. Due to the adoption of the 2023 Accounting Update , the Company changed its primary measure of segment profit or loss from adjusted EBITDA to net income. The CODM evaluates the operating results of the Company on a consolidated basis based upon net revenues and net income, which is the measure of profit or loss that is most consistent with GAAP measurement principles and is used by the CODM internally to assess operating performance. The CODM also uses adjusted EBITDA to evaluate the operating results of its Hotel Franchising reportable segment. Beginning with the first quarter of 2023, as a result of the changes in its Hotel Management segment including the exit from the select-service management business, the sale of its two owned hotels and the exit from substantially all of its U.S. full-service management business, the Hotel Management segment no longer met the quantitative thresholds to be disclosed as a reportable segment. As a result, the Company has aggregated, on a prospective basis, the remaining hotel management business, which is predominately the full-service international managed business within its Hotel Franchising segment. Provided below is the Company’s segment profitability measure and significant segment expenses. Year Ended December 31, 2024 2023 Net revenues $ 1,408 $ 1,397 Less expenses (a) Compensation (255) (241) Selling and advertising (119) (136) Outsourced services and information technology (b) (127) (120) Professional fees (90) (85) Other segment items (c) (189) (209) Corporate expenses (d) (339) (317) Consolidated net income $ 289 $ 289 _____________________ (a) The significant expense categories and amounts align with the segment-level information that is regularly provided to the Company’s CODM. (b) Information technology costs primarily include maintenance costs and software as a service cost. (c) Other segment items include depreciation and amortization, stock-based compensation, restructuring costs, impairment charge, cost reimbursements, travel and entertainment, insurance and other operating expenses. (d) Corporate expenses include interest expense, net, transaction and separation-related expenses, provision for income taxes, early extinguishment of debt, compensation costs, and other overhead costs. Provided below is the Company’s significant segment expense disclosure for 2022. Due to the adoption of the 2023 Accounting Update, the Company is a single reporting segment managed on a consolidated basis and therefore the 2023 and 2024 significant segment expense disclosure is not comparable to 2022 as the Company had two reportable segments. Year Ended December 31, 2022 Hotel Franchising Hotel Management Total Net revenues $ 1,277 $ 221 $ 1,498 Less expenses (a) Compensation (213) (9) Selling and advertising (134) — Outsourced services and information technology (b) (119) (1) Professional fees (80) (2) Other segment items (c) (148) (148) Segment net income $ 583 $ 61 $ 644 Reconciliation of profit or loss (segment profit/(loss)) Adjustments and reconciling items Corporate (d) (289) Consolidated net income $ 355 _____________________ (a) The significant expense categories and amounts align with the segment-level information that is regularly provided to the Company’s CODM. (b) Information technology costs primarily include maintenance costs and software as a service cost. (c) Other segment items include depreciation and amortization, stock-based compensation, gain on asset sale, net, cost reimbursements, travel and entertainment, insurance and other operating expenses. (d) Corporate includes provision for income taxes, interest expense, net, compensation costs, and other overhead costs. Provided below is the Company’s segment disclosure for certain financial information for 2022. Due to the adoption of the 2023 Accounting Update, the Company is a single reporting segment managed on a consolidated basis and therefore the 2023 and 2024 information is provided elsewhere in the financial statements. Hotel Franchising (a) Hotel Management Corporate (b) Total Year Ended or as of December 31, 2022 Depreciation and amortization $ 63 $ 5 $ 9 $ 77 Segment assets 3,711 113 299 4,123 Capital expenditures 33 — 6 39 _____________________ (a) For 2024 and 2023, the Hotel Franchising segment includes the former Hotel Management segment, which is primarily comprised of the Company's remaining international full-service managed business. (b) Includes the elimination of transactions between segments. The geographic segment information provided below is classified based on the geographic location of the Company’s subsidiaries. United States All Other Countries (a) Total Year Ended or As of December 31, 2024 Net revenues $ 1,125 $ 283 $ 1,408 Net long-lived assets 2,979 188 3,167 Year Ended or As of December 31, 2023 Net revenues $ 1,142 $ 255 $ 1,397 Net long-lived assets 3,002 190 3,192 Year Ended or As of December 31, 2022 Net revenues $ 1,271 $ 227 $ 1,498 Net long-lived assets 3,126 104 3,230 _____________________ (a) Includes U.S. territories.

Other Expenses and Charges

Other Expenses and Charges	12 Months Ended
Other Expenses and Charges	Dec. 31, 2024
Discontinued Operations and Disposal Groups [Abstract]
Other Expenses and Charges	16. OTHER EXPENSES AND CHARGES Transaction-Related The Company recognized transaction-related expenses of $47 million during the year ended December 31, 2024, primarily related to costs associated with the failed hostile takeover defense and costs related to the repricing of the Company’s term loan B. Such amounts primarily consisted of legal and advisory costs. The Company recognized transaction-related expenses of $11 million during the year ended December 31, 2023 related to corporate transactions, including costs associated with the failed hostile takeover defense and the refinancing of the Company’s term loan B. The following table presents activity for the year ended December 31, 2024: 2024 Activity Liability as of December 31, 2023 (a) Costs Recognized Cash Payments Other (b) Liability as of December 31, 2024 (a) Hostile takeover defense $ 7 $ 43 $ (47) $ (3) $ — Debt repricing — 4 (4) — — Total accrued transaction-related expenses $ 7 $ 47 $ (51) $ (3) $ — _____________________ (a) Reported within accrued expenses and other current liabilities on the Consolidated Balance Sheets. (b) Represents non-cash retention-related payments in Company stock. Impairment As a result of the Company’s evaluation of the recoverability of the carrying value of certain assets, the Company recorded an impairment charge of $12 million, primarily related to development advance notes, during the first quarter of 2024. The impairment charge was reported within the impairment line item on the Consolidated Statements of Income. Restructuring During 2024, the Company approved a restructuring plan focused on enhancing its organizational efficiency. As a result, during 2024, the Company incurred $15 million of restructuring expenses, relating to 135 employees primarily in its Hotel Franchising segment. The following table presents activity for the year ended December 31, 2024: 2024 Activity Liability as of December 31, 2023 (a) Costs Recognized Cash Payments Other (b) Liability as of December 31, 2024 (a) 2024 Plan Personnel-related $ — $ 15 $ (8) $ (2) $ 5 Total accrued restructuring $ — $ 15 $ (8) $ (2) $ 5 _____________________ (a) Reported within accrued expenses and other current liabilities on the Consolidated Balance Sheets. (b) Represents non-cash payments in Company stock. Separation-Related Separation-related costs associated with the Company’s spin-off from former parent were $11 million of income during 2024, which were primarily due to the reversal of a reserve related to the expiration of a tax matter. The Company recognized expenses of $1 million during both 2023 and 2022, which primarily consisted of legal and tax-related costs. Gain on Asset Sale, Net In March 2022, the Company completed the sale of its Wyndham Grand Bonnet Creek Resort for gross proceeds of $121 million ($118 million, net of transaction costs) and recognized a $35 million gain, net of transaction costs, for the year ended December 31, 2022. Such amounts were attributable to the Company’s hotel management business and were reported within gain on asset sale, net on the Consolidated Statement of Income. Additionally, the Company entered into a 20 year franchise agreement with the buyer. In May 2022, the Company completed the sale of its Wyndham Grand Rio Mar Resort for gross proceeds of $62 million ($61 million, net of transaction costs). There was no gain or loss on the sale. Additionally, the Company entered into a 20 year franchise agreement with the buyer.

Transactions With Former Parent

Transactions With Former Parent	12 Months Ended
Transactions With Former Parent	Dec. 31, 2022
Related Party Transactions [Abstract]
Transactions With Former Parent	17. TRANSACTIONS WITH FORMER PARENT The Company has a number of arrangements with its former Parent for services provided between both parties as described below. License Agreement and Other Agreements with Former Parent In connection with the Company’s spin-off, the Company and former Parent entered into long-term exclusive license agreements to retain former Parents’ affiliations with one of the hospitality industry’s top-rated loyalty programs, Wyndham Rewards, as well as to continue to collaborate on inventory-sharing and customer cross-sell initiatives. In connection with the Company’s license, development and non-competition agreement, the Company recorded license fees from former Parent in the amounts of $94 million, $90 million and $83 million during 2024, 2023 and 2022, respectively. Further, the Company recorded revenues of $19 million, $15 million and $10 million during 2024, 2023 and 2022, respectively, for activities associated with the Wyndham Rewards program. The Company also recorded license fees from a former affiliate of $6 million during 2024 and $7 million during both and 2023 and 2022. Such fees are recorded within license and other fees on the Consolidated Statements of Income. Transfer of Former Parent Liabilities and Issuances of Guarantees to Former Parent and Affiliates Upon the distribution of the Company’s common stock to former Parent stockholders, the Company entered into certain guarantee commitments with its former Parent. These guarantee arrangements relate to certain former Parent contingent tax and other corporate liabilities. The Company assumed and is responsible for one-third of such contingent liabilities while its former Parent is responsible for the remaining two-thirds. The amount of liabilities assumed by the Company in connection with the spin-off was $8 million and $20 million as of December 31, 2024 and 2023, respectively, which were included within accrued expenses and other current liabilities on its Consolidated Balance Sheets. In addition, the Company had $3 million of receivables due from former Parent as of December 31, 2023 which were included within current assets on its Consolidated Balance Sheets. Such receivables were immaterial as of December 31, 2024.

Leases

Leases	12 Months Ended
Leases	Dec. 31, 2024
Leases [Abstract]
Leases	18. LEASES The Company leases property and equipment under finance and operating leases. For leases with terms greater than one year, the Company records the related asset and obligation at the present value of lease payments over the term. The Company does not separate lease and non-lease components of equipment leases. In the fourth quarter of 2024, the Company purchased the property for its corporate headquarters which was previously accounted for as a finance lease. See Note 6, Property and Equipment, net for more details. The table below presents the lease-related assets and liabilities recorded on the Consolidated Balance Sheets. Classification on the Balance Sheets December 31, 2024 December 31, 2023 Assets Operating lease assets Other non-current assets $ 10 $ 10 Finance lease assets Property and equipment, net — 22 Total lease assets $ 10 $ 32 Liabilities Current Operating lease liabilities Accrued expenses and other current liabilities $ 3 $ 4 Finance lease liabilities Current portion of long-term debt — 6 Non-current Operating lease liabilities Other non-current liabilities 6 6 Finance lease liabilities Long-term debt — 33 Total lease liabilities $ 9 $ 49 The table below presents the remaining lease term and discount rates for finance and operating leases. December 31, 2024 December 31, 2023 Weighted-average remaining lease term Operating leases 3.3 years 3.6 years Finance leases 0 5.7 years Weighted-average discount rate Operating leases 5.4 % 4.9 % Finance leases 4.5 % 4.3 % Undiscounted Cash Flows The table below reconciles the undiscounted cash flows for each of the first five years and total of the remaining years to the operating lease liabilities recorded on the Company’s Consolidated Balance Sheet as of December 31, 2024. 2025 $ 4 2026 3 2027 2 2028 1 2029 — Thereafter — Total minimum lease payments 10 Less: amount of lease payments representing interest 1 Present value of future minimum lease payments 9 Less: current obligations under leases 3 Long-term lease obligations $ 6 Other Information The Company recorded the following related to leases on the Consolidated Financial Statements: Consolidated Statements of Cash Flows: Year Ended December 31, 2024 2023 2022 Operating activities Cash payments related to operating and finance leases $ 6 $ 6 $ 6 Financing activities Cash payments related to finance leases 39 (a) 5 5 _____________________ (a) 2024 finance lease payments include $33 million relating to the purchase of the Company's corporate headquarters. Consolidated Statements of Income: Year Ended December 31, 2024 2023 2022 Operating lease expense $ 5 $ 5 $ 4 Finance lease expense Amortization of right-of-use assets 4 4 4 Interest expense 1 2 2
Leases	18. LEASES The Company leases property and equipment under finance and operating leases. For leases with terms greater than one year, the Company records the related asset and obligation at the present value of lease payments over the term. The Company does not separate lease and non-lease components of equipment leases. In the fourth quarter of 2024, the Company purchased the property for its corporate headquarters which was previously accounted for as a finance lease. See Note 6, Property and Equipment, net for more details. The table below presents the lease-related assets and liabilities recorded on the Consolidated Balance Sheets. Classification on the Balance Sheets December 31, 2024 December 31, 2023 Assets Operating lease assets Other non-current assets $ 10 $ 10 Finance lease assets Property and equipment, net — 22 Total lease assets $ 10 $ 32 Liabilities Current Operating lease liabilities Accrued expenses and other current liabilities $ 3 $ 4 Finance lease liabilities Current portion of long-term debt — 6 Non-current Operating lease liabilities Other non-current liabilities 6 6 Finance lease liabilities Long-term debt — 33 Total lease liabilities $ 9 $ 49 The table below presents the remaining lease term and discount rates for finance and operating leases. December 31, 2024 December 31, 2023 Weighted-average remaining lease term Operating leases 3.3 years 3.6 years Finance leases 0 5.7 years Weighted-average discount rate Operating leases 5.4 % 4.9 % Finance leases 4.5 % 4.3 % Undiscounted Cash Flows The table below reconciles the undiscounted cash flows for each of the first five years and total of the remaining years to the operating lease liabilities recorded on the Company’s Consolidated Balance Sheet as of December 31, 2024. 2025 $ 4 2026 3 2027 2 2028 1 2029 — Thereafter — Total minimum lease payments 10 Less: amount of lease payments representing interest 1 Present value of future minimum lease payments 9 Less: current obligations under leases 3 Long-term lease obligations $ 6 Other Information The Company recorded the following related to leases on the Consolidated Financial Statements: Consolidated Statements of Cash Flows: Year Ended December 31, 2024 2023 2022 Operating activities Cash payments related to operating and finance leases $ 6 $ 6 $ 6 Financing activities Cash payments related to finance leases 39 (a) 5 5 _____________________ (a) 2024 finance lease payments include $33 million relating to the purchase of the Company's corporate headquarters. Consolidated Statements of Income: Year Ended December 31, 2024 2023 2022 Operating lease expense $ 5 $ 5 $ 4 Finance lease expense Amortization of right-of-use assets 4 4 4 Interest expense 1 2 2

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income/(Loss)	12 Months Ended
Accumulated Other Comprehensive Income/(Loss)	Dec. 31, 2024
Statement of Other Comprehensive Income [Abstract]
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	19. ACCUMULATED OTHER COMPREHENSIVE INCOME/(LOSS) The components of AOCI are as follows: Net of Tax Foreign Currency Translation Adjustments Cash Flow Hedges Accumulated Other Comprehensive Income/(Loss) Balance as of December 31, 2021 $ 2 $ (17) $ (15) Period change (5) 58 53 Balance as of December 31, 2022 $ (3) $ 41 $ 38 Period change 12 (31) (19) Balance as of December 31, 2023 $ 9 $ 10 $ 19 Period change (6) 4 (2) Balance as of December 31, 2024 $ 3 $ 14 $ 17

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Millions	12 Months Ended
Pay vs Performance Disclosure - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Pay vs Performance Disclosure
Net income	$ 289	$ 289	$ 355

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
Insider Trading Arrangements	Dec. 31, 2024
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

Insider Trading Policies and Pr

Insider Trading Policies and Procedures	12 Months Ended
Insider Trading Policies and Procedures	Dec. 31, 2024
Insider Trading Policies and Procedures [Line Items]
Insider Trading Policies and Procedures Adopted	true

Cybersecurity Risk Management a

Cybersecurity Risk Management and Strategy Disclosure	12 Months Ended
Cybersecurity Risk Management and Strategy Disclosure	Dec. 31, 2024
Cybersecurity Risk Management, Strategy, and Governance [Line Items]
Cybersecurity Risk Management Processes for Assessing, Identifying, and Managing Threats [Text Block]	Our cybersecurity program incorporates a robust process for the assessment, identification, and management of material risks from cybersecurity threats. This begins with our threat intelligence program that integrates several methods to identify potential threats to the Company, including paid/unpaid threat feeds, custom threat alerts, keeping abreast of the latest threats to the technologies that exist within our information systems and daily dialogue with industry peers to the threats to the hospitality industry as a whole. Information regarding these threats is then built into our security tools. This takes the form of hardening systems through vulnerability identification and patching, as well as enabling early detection and response capabilities across our network and endpoints. Any detected threat or potential cybersecurity incident is handled by our hybrid Security Operations Center, or “SOC” which utilizes both internal and external resources for monitoring 24/7 and is responsible for triaging and appropriately handling or escalating the potential incident. Other than the incidents that occurred prior to the Spin-Off, described in more detail in “Item 1A. Risk Factors—Failure to maintain the security of personally identifiable and proprietary information, non-compliance with our contractual obligations regarding such information or a violation of our privacy and security policies or processes with respect to such information could adversely affect us” as of the date of this Annual Report, we are not aware of any risks from cybersecurity threats that have materially affected or are reasonably likely to materially affect our business strategy, results of operation, or financial condition. There is no guarantee that such risks will not evolve in the future and materially adversely affect the Company or that our processes to manage cybersecurity risks, including those described here, will operate effectively and as designed. Third Party Risk Program The Company’s third-party risk program includes a process for assessing and overseeing the risk profile of third parties we do business with at the time of contract execution and also in the event that the scope of the work done with any third party materially changes. Our teams conduct vendor risk assessments of third-party suppliers that may receive access to personal data or connectivity to Wyndham’s systems, for which such vendor risk assessments include information security control assessments and privacy impact assessments, regardless of the sensitivity of personal data potentially involved. The teams conduct similar internal assessments should any process potentially result in a significant change to the Company’s data processing practices concerning sensitive data or have a potentially material impact on individuals’ data and respective rights. The data from the threat intelligence program mentioned above also feeds into a third-party risk evaluation to ensure that any impactful event (cyber or otherwise) experienced by a third-party doing business with Wyndham is considered in the risk profile of that organization. Cybersecurity Insurance
Cybersecurity Risk Management Processes Integrated [Flag]	true
Cybersecurity Risk Management Processes Integrated [Text Block]	Our cybersecurity program incorporates a robust process for the assessment, identification, and management of material risks from cybersecurity threats. This begins with our threat intelligence program that integrates several methods to identify potential threats to the Company, including paid/unpaid threat feeds, custom threat alerts, keeping abreast of the latest threats to the technologies that exist within our information systems and daily dialogue with industry peers to the threats to the hospitality industry as a whole. Information regarding these threats is then built into our security tools. This takes the form of hardening systems through vulnerability identification and patching, as well as enabling early detection and response capabilities across our network and endpoints. Any detected threat or potential cybersecurity incident is handled by our hybrid Security Operations Center, or “SOC” which utilizes both internal and external resources for monitoring 24/7 and is responsible for triaging and appropriately handling or escalating the potential incident.
Cybersecurity Risk Management Third Party Engaged [Flag]	true
Cybersecurity Risk Third Party Oversight and Identification Processes [Flag]	true
Cybersecurity Risk Materially Affected or Reasonably Likely to Materially Affect Registrant [Flag]	false
Cybersecurity Risk Board of Directors Oversight [Text Block]	The Audit Committee of the Board is the Board-level committee with oversight of privacy and security matters. The IRC updates the Audit Committee quarterly to provide risk updates and general education on privacy and information risk trends. The Board is made aware promptly of any cybersecurity incidents that are deemed critical or that could potentially have an impact on the business. The Board also receives periodic privacy and security awareness training from third-party subject matter experts.
Cybersecurity Risk Board Committee or Subcommittee Responsible for Oversight [Text Block]	The Audit Committee of the Board is the Board-level committee with oversight of privacy and security matters. The IRC updates the Audit Committee quarterly to provide risk updates and general education on privacy and information risk trends. The Board is made aware promptly of any cybersecurity incidents that are deemed critical or that could potentially have an impact on the business. The Board also receives periodic privacy and security awareness training from third-party subject matter experts.
Cybersecurity Risk Process for Informing Board Committee or Subcommittee Responsible for Oversight [Text Block]	The IRC updates the Audit Committee quarterly to provide risk updates and general education on privacy and information risk trends. The Board is made aware promptly of any cybersecurity incidents that are deemed critical or that could potentially have an impact on the business. The Board also receives periodic privacy and security awareness training from third-party subject matter experts.
Cybersecurity Risk Role of Management [Text Block]	As part of the Company’s enterprise risk program, the Information Risk Committee (“IRC”) is responsible for developing and coordinating the Company’s cybersecurity policy and strategy, and for managing the prevention, detection, mitigation and remediation of cybersecurity incidents. The IRC is chaired by the Chief Information Security Officer (“CISO”) and the Senior Vice President – Legal (“SVP – Legal)” responsible for Privacy and Compliance Issues, with the Chief Financial Officer and Head of Strategy, Chief Commercial Officer, and the General Counsel and Chief Compliance Officer as members. The IRC meets regularly to review operations of the Company’s cybersecurity programs and processes, and to discuss emerging legal, technical, or other risks. The Audit Committee of the Board is the Board-level committee with oversight of privacy and security matters. The IRC updates the Audit Committee quarterly to provide risk updates and general education on privacy and information risk trends. The Board is made aware promptly of any cybersecurity incidents that are deemed critical or that could potentially have an impact on the business. The Board also receives periodic privacy and security awareness training from third-party subject matter experts. Our CISO has been with Wyndham since 2012 and has worked in the cybersecurity industry for over 20 years. Prior to his time at Wyndham, as a forensic investigator, he performed cyber investigations in both civil and criminal matters and has worked closely with various industries to educate and provide guidance on cybersecurity best practices. The SVP – Legal has been with the Company since 2010 and has served in his current role since 2019. The SVP – Legal leads the legal team responsible for, among other things, corporate secretary matters, SEC reporting, privacy, compliance and legal operations. The SVP – Legal has several years of experience managing risks related to the Company’s operations, including data privacy. The IRC also includes our Chief Commercial Officer, Chief Compliance Officer and Chief Financial Officer and Head of Strategy, each whom has over 15 years of business and senior leadership experience managing risks in their respective fields, collectively covering aspects of cybersecurity, technology strategy, capital allocation and compliance. Cybersecurity Incident Response Plan We have established a Cybersecurity Incident Response Plan (“CIRP”), which details the steps to be followed to properly respond to, contain, and remediate a cybersecurity incident. Within this plan, there are also engagement processes for our external cybersecurity incident response firm, which also assists Wyndham’s cybersecurity team by annually testing the CIRP through custom tabletop exercises. The CIRP provides a process for escalating certain cybersecurity incidents to the IRC and to other members of management to facilitate management-level consideration as to whether a cybersecurity incident may be material to the Company and whether public disclosure of the incident is required. Information Security Program Access to our information systems is managed through our Identity and Access Management process, which governs the appropriate level of access for each user on an ongoing basis. Wyndham performs a certification process bi-annually to ensure the accuracy and completeness of each user’s access. Tracking and measuring of the above certification processes takes place within our Information Security Program. This program reports on the risks and remediation progress across our information systems, as well as measures them against our own standards and processes, which have been developed in part using the National Institute of Standards and Technology Cybersecurity Framework 2.0. The Information Security Program also measures the overall cybersecurity program against other key regulatory standards such as the Payment Card Industry standard known as PCI 4.0 and the Sarbanes-Oxley Act of 2002.
Cybersecurity Risk Management Positions or Committees Responsible [Flag]	true
Cybersecurity Risk Management Positions or Committees Responsible [Text Block]	As part of the Company’s enterprise risk program, the Information Risk Committee (“IRC”) is responsible for developing and coordinating the Company’s cybersecurity policy and strategy, and for managing the prevention, detection, mitigation and remediation of cybersecurity incidents. The IRC is chaired by the Chief Information Security Officer (“CISO”) and the Senior Vice President – Legal (“SVP – Legal)” responsible for Privacy and Compliance Issues, with the Chief Financial Officer and Head of Strategy, Chief Commercial Officer, and the General Counsel and Chief Compliance Officer as members. The IRC meets regularly to review operations of the Company’s cybersecurity programs and processes, and to discuss emerging legal, technical, or other risks. The Audit Committee of the Board is the Board-level committee with oversight of privacy and security matters. The IRC updates the Audit Committee quarterly to provide risk updates and general education on privacy and information risk trends. The Board is made aware promptly of any cybersecurity incidents that are deemed critical or that could potentially have an impact on the business. The Board also receives periodic privacy and security awareness training from third-party subject matter experts. Our CISO has been with Wyndham since 2012 and has worked in the cybersecurity industry for over 20 years. Prior to his time at Wyndham, as a forensic investigator, he performed cyber investigations in both civil and criminal matters and has worked closely with various industries to educate and provide guidance on cybersecurity best practices. The SVP – Legal has been with the Company since 2010 and has served in his current role since 2019. The SVP – Legal leads the legal team responsible for, among other things, corporate secretary matters, SEC reporting, privacy, compliance and legal operations. The SVP – Legal has several years of experience managing risks related to the Company’s operations, including data privacy. The IRC also includes our Chief Commercial Officer, Chief Compliance Officer and Chief Financial Officer and Head of Strategy, each whom has over 15 years of business and senior leadership experience managing risks in their respective fields, collectively covering aspects of cybersecurity, technology strategy, capital allocation and compliance.
Cybersecurity Risk Management Expertise of Management Responsible [Text Block]	Our CISO has been with Wyndham since 2012 and has worked in the cybersecurity industry for over 20 years. Prior to his time at Wyndham, as a forensic investigator, he performed cyber investigations in both civil and criminal matters and has worked closely with various industries to educate and provide guidance on cybersecurity best practices. The SVP – Legal has been with the Company since 2010 and has served in his current role since 2019. The SVP – Legal leads the legal team responsible for, among other things, corporate secretary matters, SEC reporting, privacy, compliance and legal operations. The SVP – Legal has several years of experience managing risks related to the Company’s operations, including data privacy. The IRC also includes our Chief Commercial Officer, Chief Compliance Officer and Chief Financial Officer and Head of Strategy, each whom has over 15 years of business and senior leadership experience managing risks in their respective fields, collectively covering aspects of cybersecurity, technology strategy, capital allocation and compliance.
Cybersecurity Risk Process for Informing Management or Committees Responsible [Text Block]	The IRC updates the Audit Committee quarterly to provide risk updates and general education on privacy and information risk trends. The Board is made aware promptly of any cybersecurity incidents that are deemed critical or that could potentially have an impact on the business. The Board also receives periodic privacy and security awareness training from third-party subject matter experts. Our CISO has been with Wyndham since 2012 and has worked in the cybersecurity industry for over 20 years. Prior to his time at Wyndham, as a forensic investigator, he performed cyber investigations in both civil and criminal matters and has worked closely with various industries to educate and provide guidance on cybersecurity best practices. The SVP – Legal has been with the Company since 2010 and has served in his current role since 2019. The SVP – Legal leads the legal team responsible for, among other things, corporate secretary matters, SEC reporting, privacy, compliance and legal operations. The SVP – Legal has several years of experience managing risks related to the Company’s operations, including data privacy. The IRC also includes our Chief Commercial Officer, Chief Compliance Officer and Chief Financial Officer and Head of Strategy, each whom has over 15 years of business and senior leadership experience managing risks in their respective fields, collectively covering aspects of cybersecurity, technology strategy, capital allocation and compliance. Cybersecurity Incident Response Plan We have established a Cybersecurity Incident Response Plan (“CIRP”), which details the steps to be followed to properly respond to, contain, and remediate a cybersecurity incident. Within this plan, there are also engagement processes for our external cybersecurity incident response firm, which also assists Wyndham’s cybersecurity team by annually testing the CIRP through custom tabletop exercises. The CIRP provides a process for escalating certain cybersecurity incidents to the IRC and to other members of management to facilitate management-level consideration as to whether a cybersecurity incident may be material to the Company and whether public disclosure of the incident is required. Information Security Program Access to our information systems is managed through our Identity and Access Management process, which governs the appropriate level of access for each user on an ongoing basis. Wyndham performs a certification process bi-annually to ensure the accuracy and completeness of each user’s access. Tracking and measuring of the above certification processes takes place within our Information Security Program. This program reports on the risks and remediation progress across our information systems, as well as measures them against our own standards and processes, which have been developed in part using the National Institute of Standards and Technology Cybersecurity Framework 2.0. The Information Security Program also measures the overall cybersecurity program against other key regulatory standards such as the Payment Card Industry standard known as PCI 4.0 and the Sarbanes-Oxley Act of 2002.
Cybersecurity Risk Management Positions or Committees Responsible Report to Board [Flag]	true

Basis of Presentation (Policies

Basis of Presentation (Policies)	12 Months Ended
Basis of Presentation (Policies)	Dec. 31, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Consolidation	The Consolidated Financial Statements have been prepared on a stand-alone basis. The Consolidated Financial Statements include the Company’s assets, liabilities, revenues, expenses and cash flows and all entities in which it has a controlling financial interest.All intercompany balances and transactions have been eliminated in the Consolidated Financial Statements. Principles of Consolidation When evaluating an entity for consolidation, the Company first determines whether an entity is within the scope of the guidance for consolidation of variable interest entities (“VIEs”) and if it is deemed to be a VIE. If the entity is considered to be a VIE, the Company determines whether it would be considered the entity’s primary beneficiary. The Company consolidates those VIEs for which it has determined that it is the primary beneficiary. The Company will consolidate an entity not deemed a VIE upon a determination that it has a controlling financial interest. For entities where the Company does not have a controlling financial interest, the investments in such entities are classified as available-for-sale securities or accounted for using the equity method, as appropriate.
Basis of Accounting	The accompanying Consolidated Financial Statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”).

Summary of Significant Accoun_2

Summary of Significant Accounting Policies Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2024
Accounting Policies [Abstract]
Consolidation	The Consolidated Financial Statements have been prepared on a stand-alone basis. The Consolidated Financial Statements include the Company’s assets, liabilities, revenues, expenses and cash flows and all entities in which it has a controlling financial interest.All intercompany balances and transactions have been eliminated in the Consolidated Financial Statements. Principles of Consolidation When evaluating an entity for consolidation, the Company first determines whether an entity is within the scope of the guidance for consolidation of variable interest entities (“VIEs”) and if it is deemed to be a VIE. If the entity is considered to be a VIE, the Company determines whether it would be considered the entity’s primary beneficiary. The Company consolidates those VIEs for which it has determined that it is the primary beneficiary. The Company will consolidate an entity not deemed a VIE upon a determination that it has a controlling financial interest. For entities where the Company does not have a controlling financial interest, the investments in such entities are classified as available-for-sale securities or accounted for using the equity method, as appropriate.
Use of Estimate	Use of Estimates and Assumptions The preparation of the Consolidated Financial Statements requires the Company to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses and the disclosure of contingent assets and liabilities in the Consolidated Financial Statements and accompanying notes. Although these estimates and assumptions are based on the Company’s knowledge of current events and actions it may undertake in the future, actual results may ultimately differ from estimates and assumptions.
Revenue Recognition and Loyalty Programs	Revenue Recognition The principal source of revenues from franchising hotels is ongoing royalty, marketing and reservation fees, which are typically a percentage of gross room revenues of each franchised hotel. For a more detailed description of revenue recognition see Note 3 - Revenue Recognition. Loyalty Program The Company operates the Wyndham Rewards loyalty program. Loyalty members primarily accumulate points by staying in hotels operated under one of the Company’s brands. Wyndham Rewards members may also accumulate points by purchasing everyday services and products with their Wyndham Rewards co-branded credit card. The Company earns revenue from these programs (i) when a member stays at a participating hotel or club resort or vacation rental from a fee charged by the Company to the property owner or manager, which is based upon a percentage of room revenues generated from such stay which the Company recognizes, net of redemptions, over time based upon loyalty point redemption patterns, including an estimate of loyalty points that will expire or will never be redeemed, and (ii) based upon a percentage of the member’s spending on the Wyndham Rewards co-branded credit cards for which revenues are paid to the Company by a third-party issuing bank which the Company primarily recognizes over time based upon the redemption patterns of the loyalty points earned under the program, including an estimate of loyalty points that will expire or will never be redeemed. As members earn points through the loyalty program, the Company records a liability for the estimated future redemption costs, which is calculated based on (i) an estimated cost per point and (ii) an estimated redemption rate of the overall points earned, which is determined with the assistance of a third-party actuarial firm through historical experience, current trends and the use of an actuarial analysis. The Company estimates the value of the future redemption obligations by projecting the timing of future point redemptions based on historical levels, including an estimate of the points that will expire or never be redeemed, and an estimate of the points members will eventually redeem. The recorded liability related to the program totals $105 million and $117 million as of December 31, 2024 and 2023, respectively, of which $65 million and $75 million, respectively, are included in accrued expenses and other current liabilities, and $40 million and $42 million, respectively, are included in other non-current liabilities on the Company’s Consolidated Balance Sheets.
Cash and Cash Equivalents	Cash and Cash Equivalents The Company considers highly-liquid investments purchased with an original maturity of three months or less to be cash equivalents.
Valuation of Accounts Receivable	Valuation of Accounts Receivable
Advertising Expense	Advertising Expense Advertising costs are expensed in the period incurred. Advertising expenses, which are primarily recorded within marketing and reservation expenses on the Consolidated Statements of Income, were $110 million, $127 million and $124 million in 2024, 2023 and 2022, respectively.
Property and Equipment	Property and Equipment Property and equipment (including building and leasehold improvements) are recorded at cost and presented net of accumulated depreciation and amortization. Depreciation, recorded as a component of depreciation and amortization on the Consolidated Statements of Income, is calculated utilizing the straight-line method over the lesser of the lease terms or estimated useful lives of the related assets. Amortization of leasehold improvements, also recorded as a component of depreciation and amortization, is calculated utilizing the straight-line method over the lesser of the estimated benefit period of the related assets or the lease terms. Useful lives are generally up to 20 years for leasehold improvements, 30 years for buildings, up to 15 years for building improvements and from three The Company capitalizes the costs of software developed for internal use in accordance with the guidance for accounting for costs of computer software developed or obtained for internal use. Capitalization of software developed for internal use commences during the development phase of the project. The Company amortizes software developed or obtained for internal use on a straight-line basis over its estimated useful life, which is generally three
Impairment of Long-Lived Assets	Impairment of Long-Lived Assets Goodwill is reviewed annually (during the fourth quarter of each year subsequent to completing the Company’s annual forecasting process), or more frequently if circumstances indicate that the value of goodwill may be impaired, to the reporting units’ carrying values as required by the guidance. This is done either by performing a qualitative assessment or utilizing the one-step impairment test, with an impairment being recognized only where the fair value is less than carrying value. In any given year, the Company can elect to perform a qualitative assessment to determine whether it is more likely than not that the fair value of a reporting unit is in excess of its carrying value. If it is not more likely than not that the fair value is in excess of the carrying value, or the Company elects to bypass the qualitative assessment, the Company would use the one-step impairment test. The qualitative factors evaluated include macroeconomic conditions, industry and market considerations, cost factors, overall financial performance, its historical share price as well as other industry-specific considerations. The Company performed its annual quantitative assessment for impairment on each reporting unit’s goodwill as of October 1, 2024 and determined that no impairments existed and that it was more likely than not that the fair value of its reporting units continued to substantially exceed their carrying values. The Company also determines whether the carrying values of other indefinite-lived intangible assets are impaired on an annual basis or more frequently if indicators of potential impairment exist. Application of the other indefinite-lived intangible assets impairment test requires judgment in the assumptions used to determine fair value. The fair value of each other indefinite-lived intangible asset is estimated using a discounted cash flow methodology. This analysis requires significant judgments, including estimation of future cash flows, which are dependent on internal forecasts, discount rates and to a lesser extent, estimation of long-term rates of growth. The estimates used to calculate the fair value of other indefinite-lived intangible assets change from year to year based on operating results and market conditions. Changes in these estimates and assumptions could materially affect the determination of fair value and the other indefinite-lived intangible assets’ impairment. The Company performed its annual quantitative assessment for impairment on its indefinite-lived intangible assets as of October 1, 2024 and determined that no impairments existed and that it was more likely than not that the fair value of its indefinite-lived intangible assets continued to exceed their carrying values. The Company also evaluates the recoverability of each of its definite-lived intangible assets by performing a qualitative assessment to determine if circumstances indicate that impairment may have occurred. If such circumstances exist, the Company performs a quantitative assessment by comparing the respective carrying value of the assets to the expected future cash flows, on an undiscounted basis, to be generated from such assets. The Company also evaluates the recoverability of its other long-lived assets, including property and equipment, if circumstances indicate impairment may have occurred, pursuant to guidance for impairment or disposal of long-lived assets. This analysis is performed by comparing the respective carrying values of the assets to the current and expected future cash flows, on an undiscounted basis, to be generated from such assets. If such analysis indicates that the carrying value of these assets is not recoverable, the carrying value of such assets is reduced to fair value.
Business Combinations	Business Combinations The Company accounts for business combinations in accordance with the guidance for business combinations and related literature. Accordingly, the Company allocates the purchase price of acquired companies to the tangible and intangible assets acquired and liabilities assumed based upon their estimated fair values at the date of purchase. The difference between the purchase price and the fair value of the net assets acquired is recorded as goodwill. In determining the fair values of assets acquired and liabilities assumed in a business combination, the Company uses various recognized valuation methods including present value modeling and referenced market values, where available. Further, the Company makes assumptions within certain valuation techniques including discount rates and timing of future cash flows. Valuations are performed by management or external valuation specialists under management’s supervision, where appropriate. The Company believes that the estimated fair values assigned to the assets acquired and liabilities assumed are based on reasonable assumptions that marketplace participants would use. However, such assumptions are inherently uncertain and actual results could differ from those estimates.
Income Taxes	Income Taxes The Company recognizes deferred tax assets and liabilities based on the differences between the financial statement carrying amounts and the tax basis of assets and liabilities using currently enacted tax rates. The Company regularly reviews its deferred tax assets to assess their potential realization and establishes a valuation allowance for portions of such assets that the Company believes will not be ultimately realized. In performing this review, the Company makes estimates and assumptions regarding projected future taxable income, the expected timing of the reversals of existing temporary differences and the implementation of tax planning strategies. A change in these assumptions may increase or decrease the Company’s valuation allowance resulting in an increase or decrease in its effective tax rate, which could materially impact the Company’s results of operations. For tax positions the Company has taken or expects to take in a tax return, it applies a more likely than not threshold, under which the Company must conclude a tax position is more likely than not to be sustained, based on the technical merits, assuming that the position will be examined by the appropriate taxing authority that has full knowledge of all relevant information, in order to recognize or continue to recognize the benefit. In determining the Company’s provision for income taxes, the Company uses judgment, reflecting its estimates and assumptions, in applying the more likely than not threshold. The Company accounts for the global intangible low-taxed income provisions under the period cost method.
Stock-Based Compensation	Stock-Based Compensation In accordance with the guidance for stock-based compensation, the Company measures all employee stock-based compensation awards using a fair value method and records the related expense in its Consolidated Statements of Income. The Company recognizes the cost of stock-based compensation awards to employees as they provide services, and the expense is recognized ratably over the requisite service period. The requisite service period is the period during which an employee is required to provide services in exchange for an award. Forfeitures are recorded upon the actual employee termination for each outstanding grant.
Derivative Instruments	Derivative Instruments The Company uses derivative instruments as part of its overall strategy to manage its exposure to market risks primarily associated with fluctuations in interest rates and currency exchange rates. As a matter of policy, the Company does not use derivatives for trading or speculative purposes. All derivatives are recorded at fair value as either assets or liabilities. Changes in fair value of derivatives not designated as hedging instruments and of derivatives designated as fair value hedging instruments are recognized currently in operating income and interest expense, net in the Consolidated Statements of Income, based upon the nature of the hedged item. The effective portion of changes in fair value of derivatives designated as cash flow hedging instruments is recorded as a component of other comprehensive income. The ineffective portion is reported immediately in earnings as a component of operating or interest expense, based upon the nature of the hedged item. Amounts included in other comprehensive income are reclassified into earnings in the same period during which the hedged item affects earnings.
Accumulated Other Comprehensive Income (Loss)	Accumulated Other Comprehensive Income/(Loss) Accumulated other comprehensive income (“AOCI”) (loss) consists of accumulated foreign currency translation adjustments and unrealized gains or losses on the Company’s cash flow hedges. Foreign currency translation adjustments exclude income taxes related to indefinite investments in foreign subsidiaries. Assets and liabilities of foreign subsidiaries having non-U.S.-dollar functional currencies are translated at exchange rates at the balance sheet dates. Revenues and expenses are translated at average exchange rates during the periods presented. The gains or losses resulting from translating foreign currency financial statements into U.S. dollars, net of hedging gains or losses and taxes, are included in AOCI on the Consolidated Balance Sheets.
Recently Issued and Adopted Accounting Pronouncements	Recently Issued Accounting Pronouncements In November 2024, the Financial Accounting Standards Board (“FASB”) issued an accounting update, Income Statement – Reporting Comprehensive Income – Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement Expenses , which requires disaggregated disclosure of income statement expenses on an annual and interim basis. This update requires disaggregation of certain expense captions into specified categories in disclosures within the footnotes to the financial statements. This guidance is effective for fiscal years beginning after December 15, 2026 and interim periods within fiscal years beginning after December 15, 2027. Other than additional disclosure, the Company does not expect a change to its consolidated financial statements. The Company will adopt the guidance on January 1, 2027, as required. In December 2023, the FASB issued an accounting update, Income Taxes (Topic 740): Improvements to Income Tax Disclosures, which modifies the rules on income tax disclosures to require entities to disclose (1) specific categories in the rate reconciliation, (2) the income or loss from continuing operations before income tax expense or benefit (separated between domestic and foreign) and (3) income tax expense or benefit from continuing operations (separated by federal, state and foreign). This update also requires entities to disclose their income tax payments to international, federal, state and local jurisdictions, among other changes. The guidance is effective for annual periods beginning after December 15, 2024. Early adoption is permitted for annual financial statements that have not yet been issued or made available for issuance. This update should be applied on a prospective basis, but retrospective application is permitted. The Company is currently evaluating the potential impact of adopting this new guidance on its consolidated financial statements and related disclosures. Other than additional disclosure, the Company does not expect a change to its consolidated financial statements. The Company will adopt the guidance on January 1, 2025, as required. Recently Adopted Accounting Pronouncements In November 2023, the FASB issued an accounting update, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures

Revenue Recognition Revenue Rec

Revenue Recognition Revenue Recognition (Policies)	12 Months Ended
Revenue Recognition Revenue Recognition (Policies)	Dec. 31, 2024
Revenue Recognition [Abstract]
Revenue [Policy Text Block]	The principal source of revenues from franchising hotels is ongoing royalty fees, which are typically a percentage of gross room revenues of each franchised hotel. The Company recognizes royalty fee revenues as and when the underlying sales occur. The Company also receives non-refundable initial franchise fees, which are recognized as revenues over the initial non-cancellable period of the franchise agreement, commencing when all material services or conditions have been substantially performed. This occurs when a hotel opens for business in the Company’s system or when a franchise agreement is terminated after it has been determined that the hotel will not open. The Company’s standard franchise agreement typically has a term of 10 to 20 years. Additionally, the Company recognizes occupancy taxes on a net basis. The Company’s franchise agreements also require the payment of marketing and reservation fees, which are intended to reimburse the Company for expenses associated with operating an international, centralized reservation system, e-commerce channels such as the Company’s brand.com websites, as well as access to third-party distribution channels, such as online travel agents, advertising and marketing programs, global sales efforts, operations support, training and other related services. Marketing and reservation fees are recognized as revenue when the underlying sales occur. The Company is generally contractually obligated to spend the marketing and reservation fees it collects from franchisees, in accordance with the franchise agreements. Marketing and reservations costs are expensed as incurred, which may not occur in the same period as the recognition of marketing and reservation revenues. The Company earns revenues from its Wyndham Rewards loyalty program when a member stays at a participating hotel, club resort or vacation rental. These revenues are derived from a fee the Company charges a franchised or managed hotel based upon a percentage of room revenues generated from a Wyndham Rewards member’s stay. These fees are to reimburse the Company for expenses associated with member redemptions and activities that are related to the administering and marketing of the program. Revenues related to the loyalty program represent variable consideration and are recognized net of redemptions over time based upon loyalty point redemption patterns, which include an estimate of loyalty points that will expire or will never be redeemed. The Company earns revenue from its Wyndham Rewards co-branded credit card program, which is primarily generated by cardholder spending and the enrollment of new cardholders. The advance payments received under the program are recognized as a contract liability. The program primarily contains two performance obligations: (i) brand performance services, for which revenue is recognized over the contract term on a straight-line basis, and (ii) issuance and redemption of loyalty points, for which revenue is recognized over time based upon the redemption patterns of the loyalty points earned under the program, including an estimate of loyalty points that will expire or will never be redeemed. The Company provides management services for certain international hotels under management contracts. The Company’s standard management agreement typically has a term of 10 to 20 years. The Company’s management fees are comprised of base fees, which are typically a specified percentage of gross revenues from hotel operations, and, in some cases, incentive fees, which are typically a specified percentage of a hotel’s gross operating profit. The base fees are recognized when the underlying sales occur and the management services are performed. Incentive fees are recognized when determinable, which is when the Company has met hotel operating performance metrics and the Company has determined that a significant reversal of revenues recognized will not occur. The Company also recognizes reimbursable payroll costs for operational employees and other reimbursable costs at certain of the Company’s managed hotels as revenue. In 2024, these costs and revenues relate to the Company’s international managed portfolio. Although these costs are funded by hotel owners, accounting guidance requires the Company to report these fees on a gross basis as both revenues and expenses. The Company recognizes license and other revenues from Wyndham Worldwide (“former Parent”), now known as Travel + Leisure Co. and other affiliates, for use of the “Wyndham” trademark and certain other trademarks. In addition, the Company earned revenues from its previously two owned hotels (sold in 2022), which consisted primarily of (i) gross room rentals, (ii) food and beverage services and (iii) on-site spa, casino, golf and shop revenues. These revenues were recognized upon the completion of services. Deferred Revenues Deferred revenues, or contract liabilities, generally represent payments or consideration received in advance for goods or services that the Company has not yet provided to the customer. Deferred revenues as of December 31, 2024 and 2023 are as follows: December 31, 2024 December 31, 2023 Deferred initial franchise fee revenues $ 145 $ 145 Deferred loyalty program revenues 97 95 Deferred co-branded credit card program revenues 22 3 Deferred other revenues 26 15 Total $ 290 $ 258 Deferred initial franchise fees represent payments received in advance from prospective franchisees upon the signing of a franchise agreement and are generally recognized to revenue within 13 years. Deferred loyalty revenues represent the portion of loyalty program fees charged to franchisees, net of redemption costs, that have been deferred and will be recognized over time based upon loyalty point redemption patterns. Deferred co-branded credit card program revenue represents payments received in advance from the Company’s co-branded credit card partners, primarily for card member activity, which is typically recognized within one year. Performance Obligations A performance obligation is a promise in a contract to transfer a distinct good or service to a customer. The consideration received from a customer is allocated to each distinct performance obligation and recognized as revenue when, or as, each performance obligation is satisfied. The following table summarizes the Company’s remaining performance obligations for the years set forth below: 2025 2026 2027 Thereafter Total Initial franchise fee revenues $ 17 $ 8 $ 7 $ 113 $ 145 Loyalty program revenues 60 25 10 2 97 Co-branded credit card program revenues 22 — — — 22 Other revenues 22 1 — 3 26 Total $ 121 $ 34 $ 17 $ 118 $ 290 Disaggregation of Net Revenues The table below presents a disaggregation of the Company’s net revenues from contracts with customers by major services and products for each of the Company’s segments: Year Ended December 31, 2024 2023 2022 Hotel Franchising (a) Royalties and franchise fees $ 555 $ 532 $ 496 Marketing and reservation fees 467 487 457 Loyalty revenue 96 91 86 Management and other fees 10 14 — License and other fees 119 112 100 Cost reimbursements 4 13 — Other (b) 157 148 138 Total Hotel Franchising 1,408 1,397 1,277 Hotel Management Royalties and franchise fees n/a n/a 16 Marketing, reservation and loyalty n/a n/a 1 Owned hotel revenues n/a n/a 42 Management fees n/a n/a 15 Cost reimbursements n/a n/a 144 Other n/a n/a 3 Total Hotel Management n/a n/a 221 Net revenues $ 1,408 $ 1,397 $ 1,498 _____________________ (a) For 2024 and 2023, the Hotel Franchising segment includes the former Hotel Management segment, which is primarily comprised of the Company's remaining international full-service managed business. (b) The Company’s other revenues are primarily related to revenues from its co-branded credit card program and property management systems. Capitalized Contract Costs

Revenue Recognition (Tables)

Revenue Recognition (Tables)	12 Months Ended
Revenue Recognition (Tables)	Dec. 31, 2024
Revenue from Contract with Customer [Abstract]
Schedule of Contract Liabilities	Deferred revenues as of December 31, 2024 and 2023 are as follows: December 31, 2024 December 31, 2023 Deferred initial franchise fee revenues $ 145 $ 145 Deferred loyalty program revenues 97 95 Deferred co-branded credit card program revenues 22 3 Deferred other revenues 26 15 Total $ 290 $ 258
Schedule of Performance Obligations	Performance Obligations A performance obligation is a promise in a contract to transfer a distinct good or service to a customer. The consideration received from a customer is allocated to each distinct performance obligation and recognized as revenue when, or as, each performance obligation is satisfied. The following table summarizes the Company’s remaining performance obligations for the years set forth below: 2025 2026 2027 Thereafter Total Initial franchise fee revenues $ 17 $ 8 $ 7 $ 113 $ 145 Loyalty program revenues 60 25 10 2 97 Co-branded credit card program revenues 22 — — — 22 Other revenues 22 1 — 3 26 Total $ 121 $ 34 $ 17 $ 118 $ 290
Schedule of Disaggregation of Net Revenues	Disaggregation of Net Revenues The table below presents a disaggregation of the Company’s net revenues from contracts with customers by major services and products for each of the Company’s segments: Year Ended December 31, 2024 2023 2022 Hotel Franchising (a) Royalties and franchise fees $ 555 $ 532 $ 496 Marketing and reservation fees 467 487 457 Loyalty revenue 96 91 86 Management and other fees 10 14 — License and other fees 119 112 100 Cost reimbursements 4 13 — Other (b) 157 148 138 Total Hotel Franchising 1,408 1,397 1,277 Hotel Management Royalties and franchise fees n/a n/a 16 Marketing, reservation and loyalty n/a n/a 1 Owned hotel revenues n/a n/a 42 Management fees n/a n/a 15 Cost reimbursements n/a n/a 144 Other n/a n/a 3 Total Hotel Management n/a n/a 221 Net revenues $ 1,408 $ 1,397 $ 1,498 _____________________ (a) For 2024 and 2023, the Hotel Franchising segment includes the former Hotel Management segment, which is primarily comprised of the Company's remaining international full-service managed business. (b) The Company’s other revenues are primarily related to revenues from its co-branded credit card program and property management systems.

Earnings Per Share (Tables)

Earnings Per Share (Tables)	12 Months Ended
Earnings Per Share (Tables)	Dec. 31, 2024
Earnings Per Share [Abstract]
Schedule of Computation of Basic and Diluted EPS	The following table sets forth the computation of basic and diluted EPS (in millions, except per-share data) for the years ended December 31: 2024 2023 2022 Net income $ 289 $ 289 $ 355 Basic weighted average shares outstanding 79.5 84.4 90.3 Stock options and restricted stock units (“RSUs”) (a) 0.6 0.5 0.5 Diluted weighted average shares outstanding 80.1 84.9 90.8 Earnings per share: Basic $ 3.64 $ 3.43 $ 3.93 Diluted 3.61 3.41 3.91 Dividends: Cash dividends declared per share $ 1.52 $ 1.40 $ 1.28 Aggregate dividends paid to stockholders $ 122 $ 118 $ 116
Schedule of Stock Repurchase Activity	The following table summarizes stock repurchase activity under the current stock repurchase program (in millions, except per share data): Shares Cost Average Price Per Share As of December 31, 2023 20.7 $ 1,361 $ 65.69 For the twelve months ended December 31, 2024 4.1 308 75.63 As of December 31, 2024 24.8 $ 1,669 $ 67.32

Accounts Receivables (Tables)

Accounts Receivables (Tables)	12 Months Ended
Accounts Receivables (Tables)	Dec. 31, 2024
Receivables [Abstract]
Accounts Receivable, Allowance for Credit Loss	The following table sets forth the activity in the Company’s allowance for doubtful accounts on trade accounts receivables for the years ended: December 31, 2024 December 31, 2023 December 31, 2022 Beginning balance $ 60 $ 64 $ 81 Provision for/(recovery of) doubtful accounts 6 3 (2) Bad debt write-offs (5) (7) (15) Ending balance $ 61 $ 60 $ 64

Property and Equipment, Net (Ta

Property and Equipment, Net (Tables)	12 Months Ended
Property and Equipment, Net (Tables)	Dec. 31, 2024
Property, Plant and Equipment [Abstract]
Schedule of Property and Equipment, Net	Property and equipment, net consisted of: As of December 31, 2024 2023 Land 7 — Building 26 — Building improvements 2 — Leasehold improvements 1 29 Capitalized software 166 258 Furniture, fixtures and equipment 16 24 Finance leases — 64 Construction in progress 7 13 225 388 Less: Accumulated depreciation 131 300 $ 94 $ 88

Intangible Assets (Tables)

Intangible Assets (Tables)	12 Months Ended
Intangible Assets (Tables)	Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Intangible Assets and Goodwill	Intangible assets consisted of the following: December 31, 2024 December 31, 2023 Gross Gross Goodwill $ 1,525 $ 1,525 December 31, 2024 December 31, 2023 Gross Accumulated Net Gross Accumulated Net Unamortized intangible assets: Trademarks $ 1,230 $ 1,232 Amortized intangible assets: Franchise agreements $ 912 $ 594 $ 318 $ 913 $ 567 $ 346 Management agreements 1 1 — 1 1 — Other — — — 1 — 1 $ 913 $ 595 $ 318 $ 915 $ 568 $ 347
Change in Goodwill	The changes in the carrying amount of goodwill by reporting unit are as follows: Balance as of December 31, 2022 Adjustments to Goodwill Balance as of December 31, 2024 Hotel Franchising $ 1,441 $ — $ 1,441 Hotel Management 84 — 84 Total $ 1,525 $ — $ 1,525
Amortization Expense of Amortizable Intangible Assets	Amortization expense relating to amortizable intangible assets was as follows for the years ended December 31: 2024 2023 2022 Franchise agreements $ 27 $ 26 $ 26 Management agreements — 1 5 Total (a) $ 27 $ 27 $ 31 ______________________ (a) Included as a component of depreciation and amortization on the Consolidated Statements of Income.
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense	Based on the Company’s amortizable intangible assets as of December 31, 2024, the Company expects related amortization expense as follows: Amount 2025 $ 27 2026 26 2027 25 2028 25 2029 24

Franchising, Marketing and Re_2

Franchising, Marketing and Reservation Activities (Tables)	12 Months Ended
Franchising, Marketing and Reservation Activities (Tables)	Dec. 31, 2024
Franchisors [Abstract]
Schedule of Franchisor Disclosure [Table Text Block]	Consolidated Balance Sheets: As of December 31, 2024 2023 Other non-current assets $ 308 $ 228 During 2024, the Company made a non-cash reclass of $10 million from loan receivables to development advance notes, both of which were reported within other non-current assets. During 2023, the Company made a non-cash reclass of $29 million to development advance notes in connection with the execution of franchise agreements, of which $25 million was from other current assets and $4 million was from other non-current assets. As a result of the Company’s evaluation of the recoverability of the carrying value of the development advance notes, the Company recorded an impairment charge of $10 million during the first quarter of 2024. Consolidated Statements of Income: Year Ended December 31, 2024 2023 2022 Forgiveness of notes (a) $ 24 $ 15 $ 12 Impairment (b) 10 — — Bad debt expense related to notes — 1 1 _____________________ (a) Amounts are recorded as a reduction of royalties and franchise fees and marketing, reservation and loyalty revenues on the Consolidated Statements of Income. (b) Amount is recorded within impairment on the Consolidated Statements of Income.

Accrued Expenses and Other Cu_2

Accrued Expenses and Other Current Liabilities (Tables)	12 Months Ended
Accrued Expenses and Other Current Liabilities (Tables)	Dec. 31, 2024
Accrued Expenses and Other Current Liabilities [Abstract]
Schedule of Accrued Liabilities	Accrued expenses and other current liabilities consisted of: As of December 31, 2024 2023 Accrued taxes payable $ 66 $ 64 Accrued loyalty program liabilities (Note 2) 65 75 Accrued payroll and related expenses 55 57 Accrued self-insurance liabilities 17 21 Accrued professional expenses 14 19 Accrued interest 9 10 Due to former Parent (Note 17) 8 20 Accrued restructuring (Note 16) 5 — Accrued legal settlements (Note 13) 3 7 Operating lease liabilities (Note 18) 3 4 Accrued marketing expenses 2 4 Other 18 18 $ 265 $ 299 2024 Activity Liability as of December 31, 2023 (a) Costs Recognized Cash Payments Other (b) Liability as of December 31, 2024 (a) Hostile takeover defense $ 7 $ 43 $ (47) $ (3) $ — Debt repricing — 4 (4) — — Total accrued transaction-related expenses $ 7 $ 47 $ (51) $ (3) $ — _____________________ (a) Reported within accrued expenses and other current liabilities on the Consolidated Balance Sheets. (b) Represents non-cash retention-related payments in Company stock.

Income Taxes Income Taxes (Tabl

Income Taxes Income Taxes (Tables)	12 Months Ended
Income Taxes Income Taxes (Tables)	Dec. 31, 2024
Income Tax Disclosure [Abstract]
Schedule of Components of Income Tax Expense (Benefit)	The income tax provision consists of the following: Year Ended December 31, 2024 2023 2022 Current Federal $ 43 $ 72 $ 116 State 12 14 22 Foreign 20 40 22 75 126 160 Deferred Federal 4 (6) (30) State 2 (4) (9) Foreign (2) (7) — 4 (17) (39) Provision for income taxes $ 79 $ 109 $ 121
Schedule of Income before Income Tax, Domestic and Foreign	Pretax income for domestic and foreign operations consisted of the following: Year Ended December 31, 2024 2023 2022 Domestic $ 264 $ 332 $ 432 Foreign 104 66 44 Pretax income $ 368 $ 398 $ 476
Schedule of Deferred Tax Assets and Liabilities	Deferred income tax assets and liabilities are comprised of the following: As of December 31, 2024 2023 Deferred income tax assets: Accrued liabilities and deferred revenues $ 85 $ 95 Tax credits (a) 8 9 Other comprehensive income and other 16 13 Provision for doubtful accounts 9 8 Net operating loss carryforward (b) 20 23 Valuation allowance (c) (19) (23) Deferred income tax assets 119 125 Deferred income tax liabilities: Depreciation and amortization 404 412 Other comprehensive income and other 34 26 Deferred income tax liabilities 438 438 Net deferred income tax liabilities $ 319 $ 313 Reported in: Other non-current assets $ 13 $ 12 Deferred income taxes 332 325 Net deferred income tax liabilities $ 319 $ 313 _____________________
Schedule of Effective Income Tax Rate Reconciliation	The Company’s effective income tax rate differs from the U.S. federal statutory rate as follows for the years ended December 31: 2024 2023 2022 Federal statutory rate 21.0 % 21.0 % 21.0 % State and local income taxes, net of federal tax benefits 3.0 2.5 2.8 Taxes on foreign operations at rates different than U.S. federal statutory rates 0.8 2.6 1.9 Taxes on foreign income, net of tax credits 0.2 0.3 0.4 Nondeductible executive compensation 1.7 1.2 0.7 Foreign-derived intangible income (1.1) (0.8) (0.5) Valuation allowances — 0.1 (0.6) Puerto Rico tax credits (3.7) — — Other (0.4) 0.5 (0.3) 21.5 % 27.4 % 25.4 %
Schedule of Unrecognized Tax Benefits	The following table summarizes the activity related to the Company’s unrecognized tax benefits as of December 31: 2024 2023 2022 Beginning balance $ 11 $ 8 $ 7 Increases related to tax positions taken during a prior period — 7 4 Increases related to tax positions taken during the current period 2 2 — Decreases related to settlements with taxing authorities — (2) — Decreases as a result of a lapse of the applicable statute of limitations (2) (4) (3) Ending balance $ 11 $ 11 $ 8

Long-Term Debt and Borrowing _2

Long-Term Debt and Borrowing Arrangements (Tables)	12 Months Ended
Long-Term Debt and Borrowing Arrangements (Tables)	Dec. 31, 2024
Debt Disclosure [Abstract]
Schedule of Company's Indebtedness	The Company’s indebtedness consisted of: As of December 31, 2024 2023 Long-term debt: (a) Amount Weighted Average Rate (b) Amount Weighted Average Rate (b) $750 million revolving credit facility (due April 2027) $ 88 7.17% $ 160 7.30% $400 million term loan A (due April 2027) 364 7.02% 384 6.82% $1.5 billion term loan B (due May 2030) 1,515 4.20% 1,123 4.10% $500 million 4.375% senior unsecured notes (due August 2028) 496 4.38% 495 4.38% Finance leases — 4.50% 39 4.50% Total long-term debt 2,463 4.84% 2,201 4.77% Less: Current portion of long-term debt 43 37 Long-term debt $ 2,420 $ 2,164 _____________________ (a) The carrying amount of the term loans and senior unsecured notes are net of deferred debt issuance costs of $13 million and $16 million as of December 31, 2024 and 2023, respectively. The carrying amount of the term loan B is net of unamortized discounts of $5 million as of both December 31, 2024 and 2023. (b) Weighted average interest rates are based on the stated interest rate for the year-to-date periods and include the effects from hedging.
Schedule of Outstanding Debt Maturities	The Company’s outstanding debt as of December 31, 2024 matures as follows: Long-Term Debt Within 1 year $ 43 Between 1 and 2 years 45 Between 2 and 3 years 410 Between 3 and 4 years 512 Between 4 and 5 years 15 Thereafter 1,438 Total $ 2,463
Schedule of Available Capacity Under Borrowing Arrangements	As of December 31, 2024, the available capacity under the Company’s revolving credit facility was as follows: Revolving Credit Facility Total capacity $ 750 Less: Borrowings 88 Available capacity $ 662

Fair Value (Tables)

Fair Value (Tables)	12 Months Ended
Fair Value (Tables)	Dec. 31, 2024
Fair Value Disclosures [Abstract]
Schedule of Carrying Amount and Estimated Fair Value of Financial Instruments	The carrying amounts and estimated fair values of all other financial instruments are as follows: December 31, 2024 Carrying Amount Estimated Fair Value Debt $ 2,463 $ 2,460

Commitments and Contingencies P

Commitments and Contingencies Post Closing Credit Support Guarantees (Tables)	12 Months Ended
	Dec. 31, 2024
Guarantor Obligations [Line Items]
Schedule of Guarantor Obligations [Table Text Block]	The table below summarizes the post-closing credit support guarantees related to the sale of the European Vacation Rentals business, the fair values of such guarantees and the receivables from its former Parent representing two-thirds of such guarantees as of December 31, 2024: Guarantees Fair Value of Guarantees Receivable from former Parent Post-closing credit support at time of sale $ 81 $ 39 $ 26 Additional post-closing credit support 46 22 15 Total $ 127 $ 61 $ 41

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	12 Months Ended
Stock-Based Compensation (Tables)	Dec. 31, 2024
Share-Based Payment Arrangement [Abstract]
Activity Related to Incentive Equity Awards	The activity related to the Company’s incentive equity awards for the year ended December 31, 2024 consisted of the following: RSUs PSUs Number of Weighted Number Weighted Balance as of December 31, 2023 1.0 $ 72.80 0.5 $ 76.56 Granted (a) 0.5 76.94 0.2 (b) 76.55 Vested (0.5) 68.86 (0.1) 65.21 Canceled (0.1) 76.72 — — Balance as of December 31, 2024 0.9 (c) $ 76.55 0.6 (d) $ 78.43 _____________________ (a) Represents awards granted by the Company primarily in February 2024. (b) Represents awards granted by the Company at the maximum achievement level of 200% of target payout. Actual shares that may be issued can range from 0% to 200% of target. (c) RSUs outstanding as of December 31, 2024 have an aggregate unrecognized compensation expense of $48 million, which is expected to be recognized over a weighted average period of 2.5 years. (d) PSUs outstanding as of December 31, 2024 have an aggregate maximum potential unrecognized compensation expense of $22 million, which may be recognized over a weighted average period of 1.8 years based on attainment of targets. There were no stock options granted in 2024 or 2023. The activity related to stock options for the year ended December 31, 2024 consisted of the following: Number of Options Weighted Average Exercise Price Weighted Average Remaining Contractual Life (Years) Aggregate Intrinsic Value (in millions) Outstanding as of December 31, 2023 1.0 $ 55.89 Granted — — Exercised (0.4) 58.43 Canceled — — Outstanding as of December 31, 2024 0.6 $ 54.45 2.5 $ 31 Unvested as of December 31, 2024 — $ — 0 $ — Exercisable as of December 31, 2024 0.6 $ 54.11 2.5 $ 31

Segment Information (Tables)

Segment Information (Tables)	12 Months Ended
Segment Information (Tables)	Dec. 31, 2024
Segment Reporting [Abstract]
Summary of Segment Information	Provided below is the Company’s segment profitability measure and significant segment expenses. Year Ended December 31, 2024 2023 Net revenues $ 1,408 $ 1,397 Less expenses (a) Compensation (255) (241) Selling and advertising (119) (136) Outsourced services and information technology (b) (127) (120) Professional fees (90) (85) Other segment items (c) (189) (209) Corporate expenses (d) (339) (317) Consolidated net income $ 289 $ 289 _____________________ (a) The significant expense categories and amounts align with the segment-level information that is regularly provided to the Company’s CODM. (b) Information technology costs primarily include maintenance costs and software as a service cost. (c) Other segment items include depreciation and amortization, stock-based compensation, restructuring costs, impairment charge, cost reimbursements, travel and entertainment, insurance and other operating expenses. (d) Corporate expenses include interest expense, net, transaction and separation-related expenses, provision for income taxes, early extinguishment of debt, compensation costs, and other overhead costs. Provided below is the Company’s significant segment expense disclosure for 2022. Due to the adoption of the 2023 Accounting Update, the Company is a single reporting segment managed on a consolidated basis and therefore the 2023 and 2024 significant segment expense disclosure is not comparable to 2022 as the Company had two reportable segments. Year Ended December 31, 2022 Hotel Franchising Hotel Management Total Net revenues $ 1,277 $ 221 $ 1,498 Less expenses (a) Compensation (213) (9) Selling and advertising (134) — Outsourced services and information technology (b) (119) (1) Professional fees (80) (2) Other segment items (c) (148) (148) Segment net income $ 583 $ 61 $ 644 Reconciliation of profit or loss (segment profit/(loss)) Adjustments and reconciling items Corporate (d) (289) Consolidated net income $ 355 _____________________ (a) The significant expense categories and amounts align with the segment-level information that is regularly provided to the Company’s CODM. (b) Information technology costs primarily include maintenance costs and software as a service cost. (c) Other segment items include depreciation and amortization, stock-based compensation, gain on asset sale, net, cost reimbursements, travel and entertainment, insurance and other operating expenses. (d) Corporate includes provision for income taxes, interest expense, net, compensation costs, and other overhead costs. Hotel Franchising (a) Hotel Management Corporate (b) Total Year Ended or as of December 31, 2022 Depreciation and amortization $ 63 $ 5 $ 9 $ 77 Segment assets 3,711 113 299 4,123 Capital expenditures 33 — 6 39 _____________________ (a) For 2024 and 2023, the Hotel Franchising segment includes the former Hotel Management segment, which is primarily comprised of the Company's remaining international full-service managed business. (b) Includes the elimination of transactions between segments.
Revenue from External Customers by Geographic Areas	The geographic segment information provided below is classified based on the geographic location of the Company’s subsidiaries. United States All Other Countries (a) Total Year Ended or As of December 31, 2024 Net revenues $ 1,125 $ 283 $ 1,408 Net long-lived assets 2,979 188 3,167 Year Ended or As of December 31, 2023 Net revenues $ 1,142 $ 255 $ 1,397 Net long-lived assets 3,002 190 3,192 Year Ended or As of December 31, 2022 Net revenues $ 1,271 $ 227 $ 1,498 Net long-lived assets 3,126 104 3,230 _____________________ (a) Includes U.S. territories.
Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas	The geographic segment information provided below is classified based on the geographic location of the Company’s subsidiaries. United States All Other Countries (a) Total Year Ended or As of December 31, 2024 Net revenues $ 1,125 $ 283 $ 1,408 Net long-lived assets 2,979 188 3,167 Year Ended or As of December 31, 2023 Net revenues $ 1,142 $ 255 $ 1,397 Net long-lived assets 3,002 190 3,192 Year Ended or As of December 31, 2022 Net revenues $ 1,271 $ 227 $ 1,498 Net long-lived assets 3,126 104 3,230 _____________________ (a) Includes U.S. territories.
Long-lived Assets by Geographic Areas	The geographic segment information provided below is classified based on the geographic location of the Company’s subsidiaries. United States All Other Countries (a) Total Year Ended or As of December 31, 2024 Net revenues $ 1,125 $ 283 $ 1,408 Net long-lived assets 2,979 188 3,167 Year Ended or As of December 31, 2023 Net revenues $ 1,142 $ 255 $ 1,397 Net long-lived assets 3,002 190 3,192 Year Ended or As of December 31, 2022 Net revenues $ 1,271 $ 227 $ 1,498 Net long-lived assets 3,126 104 3,230 _____________________ (a) Includes U.S. territories.

Other Expenses and Charges (Tab

Other Expenses and Charges (Tables)	12 Months Ended
Other Expenses and Charges (Tables)	Dec. 31, 2024
Discontinued Operations and Disposal Groups [Abstract]
Schedule of Accrued Liabilities	Accrued expenses and other current liabilities consisted of: As of December 31, 2024 2023 Accrued taxes payable $ 66 $ 64 Accrued loyalty program liabilities (Note 2) 65 75 Accrued payroll and related expenses 55 57 Accrued self-insurance liabilities 17 21 Accrued professional expenses 14 19 Accrued interest 9 10 Due to former Parent (Note 17) 8 20 Accrued restructuring (Note 16) 5 — Accrued legal settlements (Note 13) 3 7 Operating lease liabilities (Note 18) 3 4 Accrued marketing expenses 2 4 Other 18 18 $ 265 $ 299 2024 Activity Liability as of December 31, 2023 (a) Costs Recognized Cash Payments Other (b) Liability as of December 31, 2024 (a) Hostile takeover defense $ 7 $ 43 $ (47) $ (3) $ — Debt repricing — 4 (4) — — Total accrued transaction-related expenses $ 7 $ 47 $ (51) $ (3) $ — _____________________ (a) Reported within accrued expenses and other current liabilities on the Consolidated Balance Sheets. (b) Represents non-cash retention-related payments in Company stock.
Schedule of Restructuring Reserve by Type of Cost	The following table presents activity for the year ended December 31, 2024: 2024 Activity Liability as of December 31, 2023 (a) Costs Recognized Cash Payments Other (b) Liability as of December 31, 2024 (a) 2024 Plan Personnel-related $ — $ 15 $ (8) $ (2) $ 5 Total accrued restructuring $ — $ 15 $ (8) $ (2) $ 5 _____________________ (a) Reported within accrued expenses and other current liabilities on the Consolidated Balance Sheets. (b) Represents non-cash payments in Company stock.

Leases (Tables)

Leases (Tables)	12 Months Ended
Leases (Tables)	Dec. 31, 2024
Leases [Abstract]
Assets And Liabilities, Leases	The table below presents the lease-related assets and liabilities recorded on the Consolidated Balance Sheets. Classification on the Balance Sheets December 31, 2024 December 31, 2023 Assets Operating lease assets Other non-current assets $ 10 $ 10 Finance lease assets Property and equipment, net — 22 Total lease assets $ 10 $ 32 Liabilities Current Operating lease liabilities Accrued expenses and other current liabilities $ 3 $ 4 Finance lease liabilities Current portion of long-term debt — 6 Non-current Operating lease liabilities Other non-current liabilities 6 6 Finance lease liabilities Long-term debt — 33 Total lease liabilities $ 9 $ 49
Lease, Cost	The table below presents the remaining lease term and discount rates for finance and operating leases. December 31, 2024 December 31, 2023 Weighted-average remaining lease term Operating leases 3.3 years 3.6 years Finance leases 0 5.7 years Weighted-average discount rate Operating leases 5.4 % 4.9 % Finance leases 4.5 % 4.3 %
Lessee, Operating Lease, Liability, Maturity	The table below reconciles the undiscounted cash flows for each of the first five years and total of the remaining years to the operating lease liabilities recorded on the Company’s Consolidated Balance Sheet as of December 31, 2024. 2025 $ 4 2026 3 2027 2 2028 1 2029 — Thereafter — Total minimum lease payments 10 Less: amount of lease payments representing interest 1 Present value of future minimum lease payments 9 Less: current obligations under leases 3 Long-term lease obligations $ 6
Finance Lease, Liability, Maturity	The table below reconciles the undiscounted cash flows for each of the first five years and total of the remaining years to the operating lease liabilities recorded on the Company’s Consolidated Balance Sheet as of December 31, 2024. 2025 $ 4 2026 3 2027 2 2028 1 2029 — Thereafter — Total minimum lease payments 10 Less: amount of lease payments representing interest 1 Present value of future minimum lease payments 9 Less: current obligations under leases 3 Long-term lease obligations $ 6
Leases, Other Information	The Company recorded the following related to leases on the Consolidated Financial Statements: Consolidated Statements of Cash Flows: Year Ended December 31, 2024 2023 2022 Operating activities Cash payments related to operating and finance leases $ 6 $ 6 $ 6 Financing activities Cash payments related to finance leases 39 (a) 5 5 _____________________ (a) 2024 finance lease payments include $33 million relating to the purchase of the Company's corporate headquarters. Consolidated Statements of Income: Year Ended December 31, 2024 2023 2022 Operating lease expense $ 5 $ 5 $ 4 Finance lease expense Amortization of right-of-use assets 4 4 4 Interest expense 1 2 2

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Income/(Loss) (Tables)	12 Months Ended
Accumulated Other Comprehensive Income/(Loss) (Tables)	Dec. 31, 2024
Accumulated Other Comprehensive Income (Loss) [Line Items]
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	The components of AOCI are as follows: Net of Tax Foreign Currency Translation Adjustments Cash Flow Hedges Accumulated Other Comprehensive Income/(Loss) Balance as of December 31, 2021 $ 2 $ (17) $ (15) Period change (5) 58 53 Balance as of December 31, 2022 $ (3) $ 41 $ 38 Period change 12 (31) (19) Balance as of December 31, 2023 $ 9 $ 10 $ 19 Period change (6) 4 (2) Balance as of December 31, 2024 $ 3 $ 14 $ 17

Basis of Presentation (Details)

Basis of Presentation (Details)	Dec. 31, 2024 country	Dec. 31, 2022 hotel
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Number of countries operating in (more than) \| country	95
Owned hotel properties \| hotel		2

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Narrative) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Accrued expenses and other current liabilities	$ 265,000,000	$ 299,000,000
Accrued expenses and other current liabilities	186,000,000	172,000,000
Cumulative-effect benefit to retained earnings	654,000,000	488,000,000
Deferred loyalty program revenue
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Loyalty program liability	105,000,000	117,000,000
Accrued expenses and other current liabilities	65,000,000	75,000,000
Accrued expenses and other current liabilities	$ 40,000,000	$ 42,000,000
Maximum
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Historical collection attrition rate, period	10 years

Summary of Significant Accoun_4

Summary of Significant Accounting Policies (Advertising Expense) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Accounting Changes and Error Corrections [Abstract]
Advertising Expense	$ 110	$ 127	$ 124

Summary of Significant Accoun_5

Summary of Significant Accounting Policies (Property, Plant and Equipment) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Property, Plant and Equipment [Line Items]
Property and equipment, net	$ 94	$ 88
Depreciation expense	44	49	$ 46
Software and Software Development Costs
Property, Plant and Equipment [Line Items]
Property and equipment, net	50	47
Depreciation expense	$ 36	$ 40	$ 37
Building
Property, Plant and Equipment [Line Items]
Useful life	30 years
Building improvements
Property, Plant and Equipment [Line Items]
Useful life	15 years
Leasehold Improvements
Property, Plant and Equipment [Line Items]
Useful life	20 years
Minimum \| Furniture, fixtures and equipment
Property, Plant and Equipment [Line Items]
Useful life	3 years
Minimum \| Software and Software Development Costs
Property, Plant and Equipment [Line Items]
Useful life	3 years
Maximum \| Furniture, fixtures and equipment
Property, Plant and Equipment [Line Items]
Useful life	7 years
Maximum \| Software and Software Development Costs
Property, Plant and Equipment [Line Items]
Useful life	5 years

Summary of Significant Accoun_6

Summary of Significant Accounting Policies (Allowance for Doubtful Accounts) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Accounts Receivable, Allowance for Credit Loss [Roll Forward]
Accounts Receivable, Allowance for Credit Loss, Beginning Balance	$ 60	$ 64	$ 81
Provision for/(recovery of) doubtful accounts	4	3	(2)
Accounts Receivable, Allowance for Credit Loss, Writeoff	(5)	(7)	(15)
Accounts Receivable, Allowance for Credit Loss, Ending Balance	$ 61	$ 60	$ 64

Revenue Recognition (Narrative)

Revenue Recognition (Narrative) (Details) $ in Millions	12 Months Ended
Revenue Recognition (Narrative) (Details) $ in Millions	Dec. 31, 2024 USD ($)	Dec. 31, 2023 USD ($)	Dec. 31, 2022 hotel
Capitalized Contract Cost [Line Items]
Capitalized contract costs	$ 76	$ 68
Number of hotels from hotel ownership portfolio earning revenue \| hotel			2
Franchise agreement, revenue recognition period (within)	13 years
Minimum
Capitalized Contract Cost [Line Items]
Standard Management Agreement, Term	10 years
Standard Franchise Agreement, Term [Line Items]	10 years
Standard Management Agreement, Term	10 years
Maximum
Capitalized Contract Cost [Line Items]
Standard Management Agreement, Term	20 years
Standard Franchise Agreement, Term [Line Items]	20 years
Standard Management Agreement, Term	20 years
Other current assets
Capitalized Contract Cost [Line Items]
Capitalized contract costs	$ 5	4
Other non-current assets
Capitalized Contract Cost [Line Items]
Capitalized contract costs	$ 71	$ 64

Revenue Recognition (Contract L

Revenue Recognition (Contract Liabilities) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Disaggregation of Revenue [Line Items]
Contract liabilities	$ 290	$ 258
Remaining performance obligation	290
Deferred initial franchise fee revenue
Disaggregation of Revenue [Line Items]
Contract liabilities	145	145
Remaining performance obligation	145
Deferred loyalty program revenue
Disaggregation of Revenue [Line Items]
Contract liabilities	97	95
Remaining performance obligation	97
Deferred other revenue
Disaggregation of Revenue [Line Items]
Remaining performance obligation	26
Product and Service, Other [Member]
Disaggregation of Revenue [Line Items]
Contract liabilities	26	15
Co-branded credit card programs revenue
Disaggregation of Revenue [Line Items]
Contract liabilities	22	$ 3
Remaining performance obligation	$ 22
Maximum
Disaggregation of Revenue [Line Items]
Standard Management Agreement, Term	20 years
Minimum
Disaggregation of Revenue [Line Items]
Standard Management Agreement, Term	10 years

Revenue Recognition (Performanc

Revenue Recognition (Performance Obligations) (Details) $ in Millions	Dec. 31, 2024 USD ($)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation	$ 290
Initial franchise fee revenue
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation	145
Loyalty program revenue
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation	97
Other revenue
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation	26
Co-branded credit card programs revenue
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation	22
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2025-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation	$ 121
Remaining performance obligation, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2025-01-01 \| Initial franchise fee revenue
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation	$ 17
Remaining performance obligation, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2025-01-01 \| Loyalty program revenue
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation	$ 60
Remaining performance obligation, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2025-01-01 \| Other revenue
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation	$ 22
Remaining performance obligation, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2025-01-01 \| Co-branded credit card programs revenue
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation	$ 22
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2026-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation	$ 34
Remaining performance obligation, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2026-01-01 \| Initial franchise fee revenue
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation	$ 8
Remaining performance obligation, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2026-01-01 \| Loyalty program revenue
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation	$ 25
Remaining performance obligation, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2026-01-01 \| Other revenue
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation	$ 1
Remaining performance obligation, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2026-01-01 \| Co-branded credit card programs revenue
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation	$ 0
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2027-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation	$ 17
Remaining performance obligation, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2027-01-01 \| Initial franchise fee revenue
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation	$ 7
Remaining performance obligation, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2027-01-01 \| Loyalty program revenue
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation	$ 10
Remaining performance obligation, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2027-01-01 \| Other revenue
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation	$ 0
Remaining performance obligation, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2027-01-01 \| Co-branded credit card programs revenue
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation	$ 0
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2028-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation	$ 118
Remaining performance obligation, period
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2028-01-01 \| Initial franchise fee revenue
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation	$ 113
Remaining performance obligation, period
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2028-01-01 \| Loyalty program revenue
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation	$ 2
Remaining performance obligation, period
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2028-01-01 \| Other revenue
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation	$ 3
Remaining performance obligation, period
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2028-01-01 \| Co-branded credit card programs revenue
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation	$ 0

Revenue Recognition (Disaggrega

Revenue Recognition (Disaggregation of Net Revenues) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Disaggregation of Revenue [Line Items]
Fee-related and other revenues	$ 1,404	$ 1,384	$ 1,354
Net revenues	1,408	1,397	1,498
Royalties and franchise fees
Disaggregation of Revenue [Line Items]
Fee-related and other revenues	555	532	512
Marketing, reservation and loyalty
Disaggregation of Revenue [Line Items]
Fee-related and other revenues	563	578	544
License and other fees
Disaggregation of Revenue [Line Items]
Fee-related and other revenues	119	112	100
Other
Disaggregation of Revenue [Line Items]
Fee-related and other revenues	157	148	141
Hotel Franchising
Disaggregation of Revenue [Line Items]
Net revenues	1,408	1,397
Hotel Franchising \| Royalties and franchise fees
Disaggregation of Revenue [Line Items]
Fee-related and other revenues		532	496
Hotel Franchising \| License and other fees
Disaggregation of Revenue [Line Items]
Fee-related and other revenues		112	100
Hotel Franchising \| Hotel management - managed properties
Disaggregation of Revenue [Line Items]
Fee-related and other revenues		14	0
Hotel Franchising \| Cost reimbursements
Disaggregation of Revenue [Line Items]
Fee-related and other revenues		13	0
Hotel Franchising \| Other
Disaggregation of Revenue [Line Items]
Fee-related and other revenues		148	138
Hotel Management \| Royalties and franchise fees
Disaggregation of Revenue [Line Items]
Fee-related and other revenues			16
Hotel Management \| Marketing, reservation and loyalty
Disaggregation of Revenue [Line Items]
Fee-related and other revenues			1
Hotel Management \| Hotel management - owned properties
Disaggregation of Revenue [Line Items]
Fee-related and other revenues			42
Hotel Management \| Hotel management - managed properties
Disaggregation of Revenue [Line Items]
Fee-related and other revenues			15
Hotel Management \| Cost reimbursements
Disaggregation of Revenue [Line Items]
Fee-related and other revenues			144
Hotel Management \| Other
Disaggregation of Revenue [Line Items]
Fee-related and other revenues			3
Reportable Segments
Disaggregation of Revenue [Line Items]
Net revenues			1,498
Reportable Segments \| Marketing and reservation fees
Disaggregation of Revenue [Line Items]
Fee-related and other revenues	467	487	457
Reportable Segments \| Deferred loyalty program revenue
Disaggregation of Revenue [Line Items]
Fee-related and other revenues	96	91	86
Reportable Segments \| Hotel Franchising
Disaggregation of Revenue [Line Items]
Fee-related and other revenues	$ 1,408	$ 1,397	1,277
Net revenues			1,277
Reportable Segments \| Hotel Management
Disaggregation of Revenue [Line Items]
Fee-related and other revenues			221
Net revenues			$ 221

Earnings Per Share (Narrative)

Earnings Per Share (Narrative) (Details) - USD ($) shares in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Earnings Per Share [Abstract]
Share repurchase, remaining availability	$ 538
Options
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	0	0	0.4
Restricted Stock Units (RSUs) [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	0.3	0.4	0.2

Earnings Per Share (Computation

Earnings Per Share (Computation of Basic and Diluted EPS) (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Earnings Per Share [Abstract]
Net income	$ 289	$ 289	$ 355
Basic weighted average shares outstanding (in shares)	79.5	84.4	90.3
Stock Options and restricted stock units (RSUs) (in shares)	0.6	0.5	0.5
Diluted weighted average shares outstanding (in shares)	80.1	84.9	90.8
Earnings per share
Basic (in usd per share)	$ 3.64	$ 3.43	$ 3.93
Diluted (in usd per share)	3.61	3.41	3.91
Dividends:
Cash dividends declared per share (in usd per share)	$ 1.52	$ 1.40	$ 1.28
Aggregate dividends paid to stockholders	$ 122	$ 118	$ 116

Earnings Per Share (Stock Repur

Earnings Per Share (Stock Repurchase Activity) (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Cost
Treasury stock, cost, beginning	$ 1,361
Treasury stock, cost, acquired	308
Treasury stock, cost, ending	$ 1,669
Average Price Per Share
Treasury stock, average price per share, beginning (in usd per share)	$ 65.69
Treasury stock, average price per share, acquired (in usd per share)	75.63
Treasury stock, average price per share, ending (in usd per share)	$ 67.32
Treasury Stock, Common, Shares	24.8	20.7
Treasury stock, acquired (in shares)	4.1

Accounts Receivables (Details)

Accounts Receivables (Details) - USD ($) $ in Millions	12 Months Ended
Accounts Receivables (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Receivables [Abstract]
Accounts Receivable, Allowance for Credit Loss	$ 61	$ 60	$ 64	$ 81
Financing Receivable, Allowance for Credit Loss [Line Items]
Provision (benefit) for income taxes	79	109	121
Accounts Receivable, Allowance for Credit Loss	61	60	64	$ 81
Provision for/(recovery of) doubtful accounts	4	3	(2)
Accounts Receivable, Allowance for Credit Loss, Writeoff	(5)	(7)	$ (15)
Accounts and Financing Receivable, Allowance for Credit Loss	31	28
Financing Receivable, Allowance for Credit Loss	1	1
Accounts Receivable, Credit Loss Expense (Reversal) And Impairment	$ 6
Maximum
Financing Receivable, Allowance for Credit Loss [Line Items]
Credit Loss Estimate, Historical Collection Period Measured	10 years
Financing Receivable with Deferred Income Offset [Member]
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing Receivable, after Allowance for Credit Loss	$ 19	$ 15

Property and Equipment, Net (Na

Property and Equipment, Net (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Property, Plant and Equipment [Line Items]
Payments to acquire leased building	$ 48
Decrease in finance lease liability	(33)
Non-cash reclass to land and building	18
Finance lease, principal payments	33	$ 39	$ 5	$ 5
Payments to acquire buildings	15
Depreciation expense		$ 44	$ 49	$ 46
Land and Building
Property, Plant and Equipment [Line Items]
Increase in land and building	$ 15

Property and Equipment, Net P_2

Property and Equipment, Net Property and Equipment, Net (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 225	$ 388
Less: Accumulated depreciation	131	300
Property and equipment, net	94	88
Land
Property, Plant and Equipment [Line Items]
Property and equipment, gross	7	0
Building
Property, Plant and Equipment [Line Items]
Property and equipment, gross	26	0
Building improvements
Property, Plant and Equipment [Line Items]
Property and equipment, gross	2	0
Leasehold improvements
Property, Plant and Equipment [Line Items]
Property and equipment, gross	1	29
Capitalized software
Property, Plant and Equipment [Line Items]
Property and equipment, gross	166	258
Furniture, fixtures and equipment
Property, Plant and Equipment [Line Items]
Property and equipment, gross	16	24
Finance leases
Property, Plant and Equipment [Line Items]
Property and equipment, gross	0	64
Construction in progress
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 7	$ 13

Intangible Assets (Goodwill and

Intangible Assets (Goodwill and Intangible Assets) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2024	Dec. 31, 2022
Finite-Lived Intangible Assets [Line Items]
Goodwill	$ 1,525	$ 1,525	$ 1,525
Gross Carrying Amount	915	913
Accumulated Amortization	568	595
Net Carrying Amount	347	318
Goodwill, Gross	1,525	1,525
CorePoint payment for management contract rights	84
Hotel Franchising
Finite-Lived Intangible Assets [Line Items]
Goodwill		1,441	1,441
Hotel Management
Finite-Lived Intangible Assets [Line Items]
Goodwill		84	$ 84
Franchise agreements
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	913	912
Accumulated Amortization	567	594
Net Carrying Amount	346	318
Management agreements
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	1	1
Accumulated Amortization	1	1
Net Carrying Amount	0	0
Other
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	1	0
Accumulated Amortization	0	0
Net Carrying Amount	1	0
Trademarks
Finite-Lived Intangible Assets [Line Items]
Unamortized Intangible Assets	$ 1,232	$ 1,230

Intangible Assets (Change in Go

Intangible Assets (Change in Goodwill) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Goodwill [Roll Forward]
Goodwill, Beginning	$ 1,525	$ 1,525
Goodwill, Other Increase (Decrease)	0	0
Goodwill, Ending	1,525	1,525
Hotel Franchising
Goodwill [Roll Forward]
Goodwill, Beginning		1,441
Goodwill, Other Increase (Decrease)	0	0
Goodwill, Ending	1,441
Hotel Management
Goodwill [Roll Forward]
Goodwill, Beginning		84
Goodwill, Other Increase (Decrease)	0	$ 0
Goodwill, Ending	$ 84

Intangible Assets (Amortization

Intangible Assets (Amortization Expense of Amortizable Intangible Assets) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Finite-Lived Intangible Assets [Line Items]
Amortization expense	$ 27	$ 27	$ 31
2025	27
2026	26
2027	25
2028	25
2029	24
Franchise agreements
Finite-Lived Intangible Assets [Line Items]
Amortization expense	27	26	26
Management agreements
Finite-Lived Intangible Assets [Line Items]
Amortization expense	$ 0	$ 1	$ 5

Franchising, Marketing and Re_3

Franchising, Marketing and Reservation Activities (Narrative) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Disaggregation of Revenue [Line Items]
Fee-related and other revenues	$ 1,404	$ 1,384	$ 1,354
Restricted cash	10	0
Forgiveness of note receivable
Disaggregation of Revenue [Line Items]
Fee-related and other revenues	(24)	(15)	(12)
Deferred initial franchise fee revenue
Disaggregation of Revenue [Line Items]
Fee-related and other revenues	$ 22	$ 16	$ 15

Franchising, Marketing and Re_4

Franchising, Marketing and Reservation Activities Development Advance Note Financial Statement Location (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Disaggregation of Revenue [Line Items]
Fee-related and other revenues	$ (1,404)	$ (1,384)	$ (1,354)
Impairment	12	0	0
Bad debt expense related to notes	0	1	1
Non Cash Development Advance Note		29
Development advance notes
Disaggregation of Revenue [Line Items]
Impairment	10	0	0
Other current assets
Disaggregation of Revenue [Line Items]
Non Cash Development Advance Note		25
Other non-current assets
Disaggregation of Revenue [Line Items]
Non Cash Development Advance Note	10	4
Franchisees and hotel owners
Disaggregation of Revenue [Line Items]
Development advance notes	308	228
Forgiveness of note receivable
Disaggregation of Revenue [Line Items]
Fee-related and other revenues	$ 24	$ 15	$ 12

Accrued Expenses and Other Cu_3

Accrued Expenses and Other Current Liabilities (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Accrued Expenses and Other Current Liabilities [Abstract]
Accrued payroll and related expenses	$ 55	$ 57
Accrued loyalty program liabilities		75
Accrued taxes payable	66	64
Accrued self-insurance liabilities	17	21
Accrued marketing expenses	2	4
Accrued interest	9	10
Accrued professional expenses	14	19
Litigation reserves	3	7
Due to former Parent (Note 17)	8	20
Accrued restructuring (Note 16)	5	0
Operating lease liabilities	3	4
Other	18	18
Accrued expenses and other current liabilities	$ 265	$ 299
Operating Lease, Liability, Current, Statement of Financial Position [Extensible List]	Accrued expenses and other current liabilities	Accrued expenses and other current liabilities

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Millions	12 Months Ended
Income Taxes (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Operating Loss Carryforwards [Line Items]
Undistributed foreign earnings	$ 143
Penalties and interest related to unrecognized tax benefits	0	$ 0	$ 0
Accrued interest	3	3	2
Unrecognized tax benefits	11	11	8	$ 7
Accrued penalties	1	1	1
Cash income tax payments, net of refunds	(95)	$ (95)	$ (123)
Minimum \| Federal
Operating Loss Carryforwards [Line Items]
Unrecognized tax benefits	9
Maximum \| Federal
Operating Loss Carryforwards [Line Items]
Unrecognized tax benefits	$ 10

Income Taxes (Income tax provis

Income Taxes (Income tax provision) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Current
Federal	$ 43	$ 72	$ 116
State	12	14	22
Foreign	20	40	22
Current Income Tax Expense (Benefit)	75	126	160
Deferred
Federal	4	(6)	(30)
State	2	(4)	(9)
Foreign	(2)	(7)	0
Deferred income taxes	4	(17)	(39)
Provision (benefit) for income taxes	$ 79	$ 109	$ 121

Income Taxes (Income before Inc

Income Taxes (Income before Income Taxes) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Income Tax Disclosure [Abstract]
Domestic	$ 264	$ 332	$ 432
Foreign	104	66	44
Income before income taxes	$ 368	$ 398	$ 476

Income Taxes (Deferred tax asse

Income Taxes (Deferred tax assets and liabilities) (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Deferred Tax Assets, Gross [Abstract]
Accrued liabilities and deferred revenues	$ 85	$ 95
Tax credits	8	9
Provision for doubtful accounts	9	8
Net operating loss carryforward	20	23
Other comprehensive income and other	16	13
Valuation allowance	(19)	(23)
Deferred income tax assets	119	125
Deferred income tax liabilities:
Depreciation and amortization	404	412
Other comprehensive income and other	34	26
Deferred income tax liabilities	438	438
Deferred Tax Liabilities, Net	319	313
Foreign tax credits	7
Net Operating Loss Carryforward
Deferred Tax Assets, Gross [Abstract]
Valuation allowance	(9)	(12)
Deferred Tax Asset
Deferred Tax Assets, Gross [Abstract]
Valuation allowance	(3)	(2)
Foreign Tax Credit
Deferred Tax Assets, Gross [Abstract]
Valuation allowance	(7)	(9)
Other non-current assets
Deferred income tax liabilities:
Deferred Tax Liabilities, Net	13	12
Deferred income taxes
Deferred income tax liabilities:
Deferred Tax Liabilities, Net	$ 332	$ 325

Income Taxes (Effective Income

Income Taxes (Effective Income Tax Reconciliation) (Details)	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Income Tax Disclosure [Abstract]
Federal statutory rate	21%	21%	21%
State and local income taxes, net of federal tax benefits	3%	2.50%	2.80%
Taxes on foreign operations at rates different than U.S. federal statutory rates	0.80%	2.60%	1.90%
Taxes on foreign income, net of tax credits	0.20%	0.30%	0.40%
Nondeductible executive compensation	1.70%	1.20%	0.70%
Foreign-derived intangible income	(1.10%)	(0.80%)	(0.50%)
Valuation allowances	0%	0.10%	(0.60%)
Puerto Rico tax credits	(3.70%)	0%	0%
Other	(0.40%)	0.50%	(0.30%)
Effective income tax rate, percent	21.50%	27.40%	25.40%

Income Taxes (Unrecognized Tax

Income Taxes (Unrecognized Tax Benefit) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Unrecognized Tax Benefits [Roll Forward]
Beginning balance	$ 11	$ 8	$ 7
Increases related to tax positions taken during a prior period	0	7	4
Increases related to tax positions taken during the current period	2	2	0
Decreases related to settlements with taxing authorities	0	(2)	0
Decreases as a result of a lapse of the applicable statute of limitations	(2)	(4)	(3)
Ending balance	11	11	8
Accrued penalties	1	1	1
Accrued interest	3	3	2
Unrecognized Tax Benefits, Income Tax Penalties and Interest Expense	$ 0	$ 0	$ 0

Long-Term Debt and Borrowing _3

Long-Term Debt and Borrowing Arrangements (Schedule of Company's Indebtedness) (Details) - USD ($)	Dec. 31, 2024	Dec. 31, 2023	Apr. 08, 2022	Aug. 31, 2020	May 31, 2018
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage	4.84%	4.77%
Finance leases	$ 0	$ 39,000,000
Total long-term debt	2,463,000,000	2,201,000,000
Less: Current portion of long-term debt	43,000,000	37,000,000
Long-term debt	2,420,000,000	2,164,000,000
Senior Unsecured Notes due August 2028 [Member]
Debt Instrument [Line Items]
Debt instrument, face amount				$ 500,000,000
Debt instrument, interest rate, stated percentage				4.375%
$750 million revolving credit facility (due May 2023)
Debt Instrument [Line Items]
Maximum borrowing capacity	750,000,000				$ 750,000,000
Debt issuance costs	2,000,000	$ 3,000,000
Line of Credit \| $750 million revolving credit facility (due May 2023)
Debt Instrument [Line Items]
Debt instrument, face amount	750,000,000
Debt instrument, interest rate, stated percentage		7.30%
Long-term debt	$ 88,000,000	$ 160,000,000
Debt, Weighted Average Interest Rate	7.17%
Long-term Debt \| $400 million term loan A (due April 2027)
Debt Instrument [Line Items]
Debt instrument, face amount	$ 1,500,000,000
Debt instrument, interest rate, stated percentage		4.10%
Long-term debt		$ 1,123,000,000
Long-term Debt \| Term Loan due 2027
Debt Instrument [Line Items]
Debt instrument, face amount	400,000,000
Debt instrument, interest rate, stated percentage		6.82%
Long-term debt	$ 364,000,000	$ 384,000,000	$ 400,000,000
Debt, Weighted Average Interest Rate	7.02%
Long-term Debt \| Term Loan due 2030
Debt Instrument [Line Items]
Debt instrument, face amount	$ 1,500,000,000
Debt instrument, interest rate, stated percentage	4.20%
Long-term debt	$ 1,515,000,000
Senior Notes \| Senior Unsecured Notes due August 2028 [Member]
Debt Instrument [Line Items]
Debt instrument, face amount	$ 500,000,000
Debt instrument, interest rate, stated percentage	4.375%			4.375%
Long-term debt	$ 496,000,000	$ 495,000,000
Debt, Weighted Average Interest Rate	4.38%	4.38%
Term loan and senior unsecured notes
Debt Instrument [Line Items]
Debt issuance costs	$ 13,000,000	$ 16,000,000
Wyndham Worldwide \| Capital lease
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage	4.50%	4.50%

Long-Term Debt and Borrowing _4

Long-Term Debt and Borrowing Arrangements (Schedule of Outstanding Debt Maturities) (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Debt Disclosure [Abstract]
Within 1 year	$ 43
Between 1 and 2 years	45
Between 2 and 3 years	410
Between 3 and 4 years	512
Between 4 and 5 years	15
Thereafter	1,438
Total	$ 2,463
Debt Instrument, Unamortized Discount		$ 5

Long-Term Debt and Borrowing _5

Long-Term Debt and Borrowing Arrangements (Schedule of Available Capacity Under Borrowing Arrangements) (Details) - $750 million revolving credit facility (due May 2023) - USD ($)	Dec. 31, 2024	Dec. 31, 2023	May 31, 2018
Debt Instrument [Line Items]
Total capacity	$ 750,000,000		$ 750,000,000
Available capacity	662,000,000
Line of Credit
Debt Instrument [Line Items]
Long-term debt	$ 88,000,000	$ 160,000,000

Long-Term Debt and Borrowing _6

Long-Term Debt and Borrowing Arrangements (Narrative) (Details) - USD ($)			1 Months Ended		12 Months Ended
	May 25, 2023	Apr. 08, 2022	May 31, 2024	Aug. 31, 2020	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022	May 31, 2018
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage					4.84%	4.77%
Hedging ineffectiveness recognized					$ 0	$ 0	$ 0
Reclassification during next twelve months					8,000,000
Interest expense, debt					129,000,000	108,000,000	85,000,000
Interest paid					126,000,000	103,000,000	82,000,000
Interest income, other					5,000,000	6,000,000	5,000,000
Early extinguishment of debt					3,000,000	3,000,000	2,000,000
Interest Rate Swap
Debt Instrument [Line Items]
Notional amount								$ 1,400,000,000
Effect of interest rate swaps in interest expense					(36,000,000)	(36,000,000)	$ 2,000,000
Interest Rate Swap 1
Debt Instrument [Line Items]
Notional amount					475,000,000
Interest Rate Swap 2
Debt Instrument [Line Items]
Notional amount					600,000,000
Interest Rate Swap 3
Debt Instrument [Line Items]
Notional amount					350,000,000
Senior Secured Credit Facility
Debt Instrument [Line Items]
Aggregate amount of revolving loans (not to exceed)					650,000,000
Senior Unsecured Notes due August 2028 [Member]
Debt Instrument [Line Items]
Debt instrument, face amount				$ 500,000,000
Debt instrument, interest rate, stated percentage				4.375%
Proceeds from issuance of unsecured debt				$ 492,000,000
Long-term Debt \| Term Loan due 2027
Debt Instrument [Line Items]
Long-term debt		$ 400,000,000			364,000,000	$ 384,000,000
Periodic payment, year one, percentage		0%
Periodic payment, year two and three, percentage		5%
Periodic payment, year four and five, percentage		7.50%
Debt instrument, face amount					400,000,000
Debt instrument, interest rate, stated percentage						6.82%
Long-term Debt \| Term Loan due 2030
Debt Instrument [Line Items]
Long-term debt					1,515,000,000
Debt instrument, face amount					$ 1,500,000,000
Debt instrument, interest rate, stated percentage					4.20%
Long-term Debt \| Term Loan Due 2030, Additional Tranche
Debt Instrument [Line Items]
Debt instrument, face amount					$ 400,000,000
Long-term Debt \| $400 million term loan A (due April 2027)
Debt Instrument [Line Items]
Long-term debt						$ 1,123,000,000
Debt instrument, face amount					1,500,000,000
Debt instrument, interest rate, stated percentage						4.10%
Interest rate cash flow hedge asset at fair value					18,000,000	$ 13,000,000
Senior Notes \| Senior Unsecured Notes due August 2028 [Member]
Debt Instrument [Line Items]
Long-term debt					496,000,000	$ 495,000,000
Debt instrument, face amount					$ 500,000,000
Debt instrument, interest rate, stated percentage				4.375%	4.375%
Base Rate \| Long-term Debt \| Term Loan due 2030
Debt Instrument [Line Items]
Basis spread on variable rate (as a percent)			0.75%
Secured Overnight Financing Rate (SOFR) \| Long-term Debt \| Term Loan due 2030
Debt Instrument [Line Items]
Basis spread on variable rate (as a percent)			1.75%
Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate \| Term Loan due 2027
Debt Instrument [Line Items]
Basis spread on variable rate, floor (as a percent)		0.10%
Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate \| Term Loan due 2030
Debt Instrument [Line Items]
Basis spread on variable rate, floor (as a percent)	0%
Minimum \| Interest Rate Swap
Debt Instrument [Line Items]
Fixed interest rate on interest rate swap					3.31%
Minimum \| Base Rate \| Term Loan due 2027
Debt Instrument [Line Items]
Basis spread on variable rate (as a percent)		0.50%
Minimum \| Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate \| Term Loan due 2027
Debt Instrument [Line Items]
Basis spread on variable rate, floor (as a percent)		1.50%
Maximum \| Interest Rate Swap
Debt Instrument [Line Items]
Fixed interest rate on interest rate swap					3.84%
Maximum \| Base Rate \| Term Loan due 2027
Debt Instrument [Line Items]
Basis spread on variable rate (as a percent)		1%
Maximum \| Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate \| Term Loan due 2027
Debt Instrument [Line Items]
Basis spread on variable rate, floor (as a percent)		2%
Weighted Average
Debt Instrument [Line Items]
Fixed interest rate on interest rate swap					1.86%	1.77%
$750 million revolving credit facility (due May 2023)
Debt Instrument [Line Items]
Debt instrument term					5 years
Line of Credit Facility, Maximum Borrowing Capacity					$ 750,000,000			$ 750,000,000
Debt issuance costs					2,000,000	$ 3,000,000
$750 million revolving credit facility (due May 2023) \| Line of Credit
Debt Instrument [Line Items]
Long-term debt					88,000,000	$ 160,000,000
Debt instrument, face amount					$ 750,000,000
Debt instrument, interest rate, stated percentage						7.30%
$750 million revolving credit facility (due May 2023) \| Secured Overnight Financing Rate (SOFR) \| Variable Rate Component Two
Debt Instrument [Line Items]
Basis spread on variable rate (as a percent)		0.10%
$750 million revolving credit facility (due May 2023) \| Minimum \| Base Rate
Debt Instrument [Line Items]
Basis spread on variable rate (as a percent)		0.50%
$750 million revolving credit facility (due May 2023) \| Minimum \| Secured Overnight Financing Rate (SOFR) \| Variable Rate Component One
Debt Instrument [Line Items]
Basis spread on variable rate (as a percent)		1.50%
$750 million revolving credit facility (due May 2023) \| Maximum \| Base Rate
Debt Instrument [Line Items]
Basis spread on variable rate (as a percent)		1%
$750 million revolving credit facility (due May 2023) \| Maximum \| Secured Overnight Financing Rate (SOFR) \| Variable Rate Component One
Debt Instrument [Line Items]
Basis spread on variable rate (as a percent)		2%

Fair Value (Details)

Fair Value (Details) - USD ($)	12 Months Ended
Fair Value (Details) - USD ($)	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Losses recognized in income from freestanding foreign currency exchange contracts	$ 3,000,000	$ (3,000,000)	$ 2,000,000
Foreign currency impact of highly inflationary countries	0	$ 14,000,000	$ 4,000,000
Carrying Amount
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt	2,463,000,000
Estimated Fair Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt	$ 2,460,000,000
TEXAS \| Customer Concentration Risk \| Net revenue
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Concentration risk, percentage	11%	10%	10%
Florida
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Percentage Of Sales Revenue Generated From Geographic Transactions Included In Consolidated Statement Of Income	8%	7%	16%
Florida \| Customer Concentration Risk \| Net revenue
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Concentration risk, percentage	18%	17%	24%

Commitments and Contingencies (

Commitments and Contingencies (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Loss Contingencies [Line Items]
Impairment	$ 12	$ 0	$ 0
Contract liabilities	290	258
Post-closing credit support (up to)	61	61
Litigation reserves	3	7
Litigation receivable covered by insurance		$ 4
Maximum
Loss Contingencies [Line Items]
Range of possible loss, portion not accrued (up to)	$ 11

Commitments and Contingencies_2

Commitments and Contingencies (Summary of Post-Closing Guarantees) (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Guarantor Obligations [Line Items]
Total	$ 61	$ 61
Guarantees
Guarantor Obligations [Line Items]
Post-closing credit support at time of sale	81
Additional post-closing credit support	46
Total	127
Fair Value of Guarantees
Guarantor Obligations [Line Items]
Post-closing credit support at time of sale	39
Additional post-closing credit support	22
Total	61
Receivable from former Parent
Guarantor Obligations [Line Items]
Post-closing credit support at time of sale	26
Additional post-closing credit support	15
Total	$ 41	$ 41

Stock-Based Compensation (Narra

Stock-Based Compensation (Narrative) (Details) - USD ($) $ / shares in Units, shares in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022	May 14, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense	$ 45,000,000	$ 39,000,000	$ 33,000,000
Restructuring Charges
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense	2,000,000
Transaction-related charges
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense	$ 2,000,000
RSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted (in shares)	0.5
Grant date fair value (in dollars per share)	$ 76.55	$ 72.80
Vested (in shares)	0.5
RSUs \| Key Employees And Senior Officers
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock Issued During Period, Value, Restricted Stock Award, Gross	$ 36,000,000
Vesting period	4 years
Performance Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted (in shares)	0.2
Grant date fair value (in dollars per share)	$ 78.43	$ 76.56
Vested (in shares)	0.1
Performance Shares \| Key Employees And Senior Officers
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-Based Compensation Arrangement By Share-Based Payment Award, Maximum Value Of Awards Authorized	$ 18,000,000
Performance Shares \| Key Employees And Senior Officers \| Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Target award percentage	0%
Performance Shares \| Key Employees And Senior Officers \| Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Target award percentage	200%
Wyndham Hotels & Resorts, Inc. 2018 Equity and Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Maximum number of shares approved (in shares)				10
Remaining shares available (in shares)	4.4

Stock-Based Compensation (Incen

Stock-Based Compensation (Incentive Equity Awards Activity) (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Number of Options
Outstanding, beginning balance (in shares)	1
Granted (in shares)	0
Exercised (in shares)	(0.4)
Canceled (in shares)	0
Outstanding, ending balance (in shares)	0.6
Unvested (in shares)	0
Exercisable (in shares)	0.6
Weighted Average Exercise Price
Outstanding (in dollars per share)	$ 54.45	$ 55.89
Granted (in dollars per share)	0
Exercised (in dollars per share)	58.43
Canceled (in dollars per share)	0
Unvested (in dollars per share)	0
Exercisable (in dollars per share)	$ 54.11
Outstanding, weighted average remaining contractual term	2 years 6 months
Exercisable, weighted average remaining contractual term	2 years 6 months
Outstanding, intrinsic value	$ 31
Unvested, intrinsic value	0
Exercisable, intrinsic value	$ 31
RSUs
Number of RSUs and PSUs
Beginning balance (in shares)	1
Granted (in shares)	0.5
Vested/exercised/canceled (in shares)	(0.5)
Canceled (in shares)	(0.1)
Ending balance (in shares)	0.9
Weighted Average Grant Price
Nonvested (in dollars per share)	$ 76.55	72.80
Granted (in dollars per share)	76.94
Vested/exercised/canceled (in dollars per share)	68.86
Canceled (in dollars per share)	$ 76.72
Compensation expense not yet recognized, weighted average period	2 years 6 months
Aggregate unrecognized compensation expense	$ 48
Performance Shares
Number of RSUs and PSUs
Beginning balance (in shares)	0.5
Granted (in shares)	0.2
Vested/exercised/canceled (in shares)	(0.1)
Ending balance (in shares)	0.6
Weighted Average Grant Price
Nonvested (in dollars per share)	$ 78.43	$ 76.56
Granted (in dollars per share)	76.55
Vested/exercised/canceled (in dollars per share)	65.21
Canceled (in dollars per share)	$ 0
Compensation expense not yet recognized, weighted average period	1 year 9 months 18 days
Aggregate unrecognized compensation expense	$ 22
Weighted Average Exercise Price
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Forfeited in Period	0
Performance Shares \| Maximum \| Key Employees And Senior Officers
Weighted Average Grant Price
Target award percentage	200%
Performance Shares \| Minimum \| Key Employees And Senior Officers
Weighted Average Grant Price
Target award percentage	0%
Options
Weighted Average Exercise Price
Unvested, weighted average remaining contractual term	0 years

Segment Information (Narrative)

Segment Information (Narrative) (Details)	12 Months Ended
Segment Information (Narrative) (Details)	Dec. 31, 2024 segment	Dec. 31, 2023 segment hotel	Dec. 31, 2022 segment
Segment Reporting [Abstract]
Number of hotels sold \| hotel		2
Number of reportable segments \| segment	1	1	2

Segment Information (Schedule o

Segment Information (Schedule of Segment Profitability Measure and Significant Segment Expenses) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Segment Reporting Information [Line Items]
Net revenues	$ 1,408	$ 1,397	$ 1,498
Net income	289	289	355
Hotel Franchising
Segment Reporting Information [Line Items]
Net revenues	1,408	1,397
Compensation	(255)	(241)
Selling and advertising	(119)	(136)
Outsourced services and information technology	(127)	(120)
Professional fees	(90)	(85)
Other items	(189)	(209)
Net income	289	289
Corporate Segment
Segment Reporting Information [Line Items]
Other overhead costs	$ 339	$ 317
Reportable Segments
Segment Reporting Information [Line Items]
Net revenues			1,498
Compensation
Selling and advertising
Outsourced services and information technology
Professional fees
Other items
Net income			644
Reportable Segments \| Hotel Franchising
Segment Reporting Information [Line Items]
Net revenues			1,277
Compensation			(213)
Selling and advertising			(134)
Outsourced services and information technology			(119)
Professional fees			(80)
Other items			(148)
Net income			583
Reportable Segments \| Hotel Management
Segment Reporting Information [Line Items]
Net revenues			221
Compensation			(9)
Selling and advertising			0
Outsourced services and information technology			(1)
Professional fees			(2)
Other items			(148)
Net income			61
Corporate And Reconciling Items
Segment Reporting Information [Line Items]
Net income			$ (289)

Segment Information (Summary of

Segment Information (Summary of Certain Financial Information) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Segment Reporting Information [Line Items]
Depreciation and amortization	$ 71	$ 76	$ 77
Segment assets	$ 4,223	$ 4,033	4,123
Capital expenditures			39
Corporate Segment and Other Operating Segment
Segment Reporting Information [Line Items]
Depreciation and amortization			9
Capital expenditures			6
Other Operating Segment
Segment Reporting Information [Line Items]
Segment assets			299
Reportable Segments \| Hotel Franchising
Segment Reporting Information [Line Items]
Depreciation and amortization			63
Segment assets			3,711
Capital expenditures			33
Reportable Segments \| Hotel Management
Segment Reporting Information [Line Items]
Depreciation and amortization			5
Segment assets			113
Capital expenditures			$ 0

Segment Information (Reconcilia

Segment Information (Reconciliation of Net Income to Adjusted EBITDA) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Segment Reporting Information [Line Items]
Net income	$ 289,000,000	$ 289,000,000	$ 355,000,000
Provision for income taxes	79,000,000	109,000,000	121,000,000
Depreciation and amortization	(71,000,000)	(76,000,000)	(77,000,000)
Interest expense, net	124,000,000	102,000,000	80,000,000
Early extinguishment of debt	3,000,000	3,000,000	2,000,000
Stock-based compensation	(45,000,000)	(39,000,000)	(33,000,000)
Fee-related and other revenues	(1,404,000,000)	(1,384,000,000)	(1,354,000,000)
Gain on asset sale, net	0	0	(35,000,000)
Impairment	12,000,000	0	0
Transaction-related, net	(47,000,000)	(11,000,000)	0
Foreign currency impact of highly inflationary countries	0	14,000,000	4,000,000
Forgiveness of note receivable
Segment Reporting Information [Line Items]
Fee-related and other revenues	$ 24,000,000	$ 15,000,000	$ 12,000,000

Segment Information (Summary _2

Segment Information (Summary of Net Revenues and Net Long-lived Assets by Geography) (Details) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Revenues from External Customers and Long-Lived Assets [Line Items]
Net revenues	$ 1,408	$ 1,397	$ 1,498
Long-Lived Assets	3,167	3,192	3,230
UNITED STATES
Revenues from External Customers and Long-Lived Assets [Line Items]
Net revenues	1,125	1,142	1,271
Long-Lived Assets	2,979	3,002	3,126
Non-US
Revenues from External Customers and Long-Lived Assets [Line Items]
Net revenues	283	255	227
Long-Lived Assets	$ 188	$ 190	$ 104

Other Expenses and Charges (Det

Other Expenses and Charges (Details) - USD ($) $ in Millions	1 Months Ended		12 Months Ended
	May 31, 2022	Mar. 31, 2022	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from asset sales, net			$ 0	$ 0	$ 263
Gain on asset sale, net			0	0	35
Impairment			(12)	0	0
Separation-related			(11)	1	1
Transaction Related Costs			47	11	0
Accrued transaction-related			0	7
Transaction-related payments			(51)
Accrued transaction-related, settled without cash			(3)
Accrued restructuring (Note 16)			5	0
Restructuring			15	0	0
Payments for Restructuring			(8)
Restructuring Reserve, Settled without Cash			(2)
Employee Severance [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Accrued restructuring (Note 16)			5	0
Restructuring			15
Payments for Restructuring			(8)
Restructuring Reserve, Settled without Cash			(2)
Choice hostile takeover cost
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Transaction Related Costs			43
Accrued transaction-related			0	7
Transaction-related payments			(47)
Accrued transaction-related, settled without cash			(3)
Debt refinancing cost
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Transaction Related Costs			4
Accrued transaction-related			0	$ 0
Transaction-related payments			$ (4)
Wyndham Grand Bonnet Creek Resort Sale
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from Sale of Productive Assets, Gross					121
Proceeds from asset sales, net					$ 118
Number of franchise agreements		20 years
Wyndham Grand Rio Mar Resort Sale
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from Sale of Productive Assets, Gross	$ 62
Proceeds from asset sales, net	$ 61
Number of franchise agreements	20 years

Transactions With Former Pare_2

Transactions With Former Parent (Narrative) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Related Party Transaction [Line Items]
Accrued Liabilities, Current	$ 265	$ 299
Net revenues	1,408	1,397	$ 1,498
Due to former Parent (Note 17)	8	20
Other current assets
Related Party Transaction [Line Items]
Receivables due from former parent	0	3
Affiliated Entity \| Licensing Agreements
Related Party Transaction [Line Items]
Net revenues	6	7	7
Affiliated Entity \| Wyndham Rewards
Related Party Transaction [Line Items]
Net revenues	19	15	10
Wyndham Worldwide \| Licensing Agreements
Related Party Transaction [Line Items]
Net revenues	$ 94	$ 90	$ 83

Leases - Lease Related Assets a

Leases - Lease Related Assets and Liabilities (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Assets
Operating lease assets	$ 10	$ 10
Finance lease assets	0	22
Total lease assets	10	32
Liabilities
Operating lease liabilities, current	$ 3	$ 4
Finance Lease, Liability, Current, Statement of Financial Position [Extensible Enumeration]	Accrued Liabilities, Current	Accrued Liabilities, Current
Finance lease liabilities, current	$ 0	$ 6
Operating lease liabilities, noncurrent	6	6
Finance lease liabilities, noncurrent	0	33
Total lease liabilities	$ 9	$ 49
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]	Other non-current assets	Other non-current assets
Finance Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]	Property and equipment, net	Property and equipment, net

Leases - Remaining Lease Term a

Leases - Remaining Lease Term and Discount Rate (Details)	Dec. 31, 2024	Dec. 31, 2023
Leases [Abstract]
Operating lease, weighted average remaining lease term	3 years 3 months 18 days	3 years 7 months 6 days
Finance lease, weighted average remaining lease term	0 years	5 years 8 months 12 days
Operating lease, weighted average discount rate	5.40%	4.90%
Finance lease, weighted average discount rate	4.50%	4.30%

Leases - Lease Maturity (Detail

Leases - Lease Maturity (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Lessee, Operating Lease, Liability, to be Paid, Fiscal Year Maturity [Abstract]
2020	$ 4
2021	3
2022	2
2023	1
2024	0
Thereafter	0
Total minimum lease payments	10
Less: amount of lease payments representing interest	$ 1
Finance Lease, Liability, Statement of Financial Position [Extensible Enumeration]	Liabilities	Liabilities
Present value of future minimum lease payments	$ 9
Less: current obligations under leases	3	$ 4
Long-term lease obligations	$ 6	$ 6
Operating Lease, Liability, Current, Statement of Financial Position [Extensible List]	Accrued Liabilities, Current	Accrued Liabilities, Current
Finance Lease, Liability, Noncurrent, Statement of Financial Position [Extensible Enumeration]	Other non-current liabilities	Other non-current liabilities
Operating Lease, Liability, Noncurrent, Statement of Financial Position [Extensible List]	Other non-current liabilities	Other non-current liabilities

Leases - Other Information (Det

Leases - Other Information (Details) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Leases [Abstract]
Operating lease, payments		$ 6	$ 6	$ 6
Finance lease, principal payments	$ 33	39	5	5
Operating lease expense		5	5	4
Finance lease, right-of-use asset, amortization		4	4	4
Finance lease, interest expense		$ 1	$ 2	$ 2

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Income/(Loss) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Accumulated Other Comprehensive Income (Loss) [Line Items]
Other Comprehensive Income (Loss), Net of Tax	$ (2)	$ (19)	$ 53
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Gain (Loss) Arising During Period, Net of Tax		12
Accumulated Other Comprehensive Income (Loss), Net of Tax	17	19	38	$ (15)
Stockholders' Equity Attributable to Parent	650	746	962	1,089
Accumulated Foreign Currency Adjustment Attributable to Parent [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Gain (Loss) Arising During Period, Net of Tax			(5)
Stockholders' Equity Attributable to Parent	3	9	(3)	2
Accumulated Net Gain (Loss) from Cash Flow Hedges Attributable to Parent [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Other Comprehensive Income (Loss), Net of Tax		(31)	58
Stockholders' Equity Attributable to Parent	$ 14	$ 10	$ 41	$ (17)