Wyndham Hotels & Resorts, Inc. Common Stock (WH)

Wyndham Hotels & Resorts, Inc. (NYSE: WH) has caught the attention of the investment community today with its bullish price action. The company’s shares are currently up 10.38% on the day to $76.28.

There is little to no downside in owning Wyndham Hotels stock, these technical and fundamental developments will show investors why management is so optimistic

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Today, Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), announced a global collaboration with Wyndham Hotels & Resorts, Inc. (NYSE: WH), the world’s largest hotel franchising company, to upgrade its technology infrastructure and develop and deliver new guest services across its 21 hotel brands—including Days Inn, La Quinta, Microtel, Ramada, Super 8, and Wyndham. Moving to AWS enables Wyndham to enhance business performance, reinvest approximately 45% of reduced data center operating costs, and shut down additional physical datacenters, putting it on track to achieve its goal of running 90% of its infrastructure in the cloud. The announcement is part of Wyndham’s multiyear digital transformation and investment in technology that automates hotel reservations, supports its franchisees by helping simplify operations, and enhances the guest experience across Wyndham properties globally.