#1WYNDHAM HOTELS & RESORTS Investor Presentation October 28, 2020 LAQUINTA BY WYNDHAM#2Introduction to Wyndham Hotels & Resorts Leading economy and midscale brands in attractive select- service space Asset-light business model with significant cash generation capabilities 2 Largest hotel franchisor by hotels worldwide 9,000 Hotels 85M Loyalty Members LAQUINTA BY WYNDHAM Days Inn BY WYNDHAM Super 8 804,000 Current Rooms TM TRADEMARK COLLECTION BY WYNDHAM HAWTHORN SUITES BY WYNDHAM $613M (a) FY2019 Adjusted EBITDA WYNDHAM GRAND RAMADA BY WYNDHAM AmericInn BY WYNDHAM Travelodge BY WYNDHAM BAYMONT BY WYNDHAM DOLCE HOTELS AND RESORTS BY WYNDHAM 90 Countries Howard Johnson BY WYNDHAM WYNDHAM GARDEN WINGATE BY WYNDHAM $360M (b) FY2019 Adjusted Free Cash Flow Primarily leisure-focused "drive to" portfolio of hotels MICROTEL BY WYNDHAM 185,000 Rooms in the Pipeline WYNDHAM esplendor. BY WYNDHAM DAZZLER BY WYNDHAM TRYP Data is approximated as of September 30, 2020. (a) Net income was $157 million for the year ended December 31, 2019. Reconciliations of non-GAAP financial measures to the most directly comparable GAAP financial measures can be found in the Appendix. (b) Excludes special item cash outlays of approximately $310 million related to one-time separation-related, transaction-related and contract termination expenses. Net cash provided by operating I activities was $100 million for the year ended December 31, 2019. Reconciliations of non-GAAP financial measures to the most directly comparable GAAP financial measures can be found in the Appendix. WYNDHAM HOTELS & RESORTS#3#4#5#6Year-over-Year Occupancy Declines Narrowing 6 44% 44% Jan 51% 50% Feb 58% 39% Mar 58% 25% Apr Monthly WH U.S. Occupancy 58% (33 points) 33% May 1 Note: October month-to-date includes occupancy through October 17, 2020. 67% 45% Jun 67% 49% Jul 63% 49% Aug 57% (11 points) 58% Sep 49% MTD 46% 2020 Occupancy Oct 2019 Occupancy 50% Nov 44% Dec WYNDHAM HOTELS & RESORTS#7#8#9Diversified Global Pipeline Provides Runway Long Term Growth 9 | Scale ~185K ~1,400 Global rooms Global hotels ↑ 5K or 3% Sequentially 23% of current system Days Inn BY WYMORAN + Composition 36% U.S. 76% New construction 64% International 24% Conversion LAQUINTA + 2 HAWTHORN SPAURANT ● ● ● Momentum in Q3 New Deals Signed ~17K Rooms Globally 152 Hotels Globally Domestic pipeline sequential growth of +3% International pipeline sequential growth of +2% Conversion hotel signings increased 41% sequentially MICROTEL BY WYNDHAM WYNDHAM HOTELS & RESORTS#10#11#12#13#14#15#16#17#18#19#20#21#22#23#24#25#26#27#28#29#30#31