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  "documentTitle": "2023 12 Investor Presentation",
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      "text": "Consistently identifying \"issues\" without discussing potential solutions is a disservice to all Wyndham shareholders.",
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      "text": "Adj. EBITDA Growth (374 to 538, +44%)",
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      "kind": "disclaimer",
      "text": "Note: For a discussion of some of the important factors that could prevent our strategy from being achieved, please consult the 'Risk Factors' section of our Annual Report on Form 10-K...",
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      "text": "Hart-Scott-Rodino (HSR) filed with the FTC; Regulatory review has already begun; Choice fully intends to complete the transaction within 12 months",
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      "text": "4 Offers; 4 Rejections and no constructive feedback; Consistently identifying 'issues' without discussing potential solutions is a disservice to all Wyndham shareholders",
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      "text": "Franchisees are supportive of the transaction; significantly reduces franchisee costs; drives direct business and revenue",
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      "text": "RevPAR growth of 12%; 6% sequential global pipeline growth; Superior reported royalty rates; Momentum to achieve 10% YoY EBITDA growth in 2024",
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      "text": "Setting the Record Straight on Choice",
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