Wyndham President and CEO Geoff Ballotti said the first quarter represented the company's "11th consecutive quarter of sequential growth in our development pipeline."

Year-over-year systemwide room growth in the first quarter was 4%, reflecting 1% growth in the U.S. and 9% growth internationally. That raised the company's room count to approximately 844,800 globally — 494,400 in the U.S. and 350,400 outside of the U.S. — compared to 813,300 rooms in its system as of March 31, 2022.

“The number of domestic contracts signed in the first quarter was 13% higher than what we awarded last year, reflecting continued developer interest in our new-construction prototype and conversion brands. If there's one thing that our franchise sales and development teams experienced at the Hunter Hotel Investment Conference last month and at the Asian American Hotel Owners Association convention a few weeks ago, it's that our owners believe that there has never been a better time to build or own another hotel than now, especially in the select-service segment."

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