{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-21-135244","form_type":"8-K","ticker":"WH","cik":"0001722684","company_name":"WYNDHAM HOTELS & RESORTS, INC.","filed_at":"2021-11-08T23:59:59+00:00","discovered_at":"2026-05-14T18:04:13.834974+00:00","generated_at":"2026-06-28T11:37:57.952087+00:00","sec_items":["7.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Wyndham Hotels to exit select-service management; receives $84M termination fee from CorePoint Lodging","bullets":["CorePoint Lodging will pay Wyndham approx $84M termination fees upon closing of CPLG's merger, targeted Q1 2022.","Wyndham's franchise agreements with CorePoint remain in place at current fee structure (5% royalties + 4.5% marketing).","CEO says exit from lower margin select-service management allows focus on asset-light franchising business.","Additional materials on potential financial impact posted on Wyndham's IR website."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-21-135244","json":"https://secwatch.observer/filing/0001104659-21-135244.json","markdown":"https://secwatch.observer/filing/0001104659-21-135244.md","text":"https://secwatch.observer/filing/0001104659-21-135244.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1722684/000110465921135244/0001104659-21-135244-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1722684/000110465921135244/tm2131897d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-28T11:37:57.952087+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}