---
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"
generated_at: "2026-06-28T11:37:57.952087+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Wyndham Hotels to exit select-service management; receives $84M termination fee from CorePoint Lodging

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-21-135244
- JSON: https://secwatch.observer/filing/0001104659-21-135244.json
- Plain text: https://secwatch.observer/filing/0001104659-21-135244.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.