Geoffrey A. Ballotti has been the CEO of Wyndham Hotels & Resorts, Inc. since June 2018. His journey in the hospitality industry spans decades, previously leading Wyndham Hotel Group and holding key positions at Starwood Hotels and Resorts. Under his...
Geoffrey A. Ballotti has been the CEO of Wyndham Hotels & Resorts, Inc. since June 2018. His journey in the hospitality industry spans decades, previously leading Wyndham Hotel Group and holding key positions at Starwood Hotels and Resorts. Under his leadership, Wyndham has focused on expanding its global footprint, emphasizing growth in the number of hotel rooms and enhancing overall guest experience. This work aligns with impressive performance metrics which include adjustments in EBITDA and room growth globally. In 2023, Ballotti's total compensation reached about $10.66 million, showcasing a static salary structure as the company aims to attract and retain talent while keeping bonuses at bay, focusing instead on long-term value creation. He's an industry veteran, holding nearly 932,000 shares of Wyndham's stock, an amount that reflects over 1% of the company's overall shares. Interestingly, his stock holdings have fluctuated significantly over the years, peaking at around $22 million in early 2024, a testament to the market's evolving perception of Wyndham's growth potential. The recently extended contract through May 2029 indicates confidence in his strategic vision as Wyndham adjusts to changing market dynamics.