Profile: Wyndham Worldwide Corp (WYN.N)
Wyndham Worldwide Corporation, incorporated on May 30, 2003, is a hospitality company. The Company offers a range of hospitality services and products through its global portfolio of brands. The Company operates through three segments: Hotel Group, Destination Network and Vacation Ownership. The Company's brands include Wyndham Hotels and Resorts, Ramada, Days Inn, Super 8, Howard Johnson, Wingate by Wyndham, Microtel Inns & Suites by Wyndham, TRYP by Wyndham, Dolce Hotels and Resorts, RCI, Landal GreenParks, Novasol, Hoseasons, cottages.com, James Villa Holidays, Wyndham Vacation Rentals, Wyndham Vacation Resorts, Shell Vacations Club and WorldMark by Wyndham.
The Hotel Group segment has approximately 7,800 hotels and over 678,000 hotel rooms around the world. The Destination Network segment has over 112,000 vacation accommodations located in approximately 100 countries, and includes vacation ownership condominiums, traditional hotel rooms, villas, cottages, chalets, city apartments, second homes, fractional resorts, private residence clubs and yachts. The Vacation Ownership segment has over 220 resorts and approximately 897,000 owners. The Company develops and markets Vacation Ownership Interests (VOIs) to individual consumers, provides consumer financing in connection with the sale of VOIs, and provides property management services at resorts.
Wyndham Hotel Group
Wyndham Hotel Group is a hotel franchisor based on various properties, with approximately 7,800 franchised hotels and over 678,000 hotel rooms around the world. The Company's owned hotel portfolio consists of the Wyndham Grand Rio Mar Beach Resort and Spa in Puerto Rico (Rio Mar hotel) and the Wyndham Grand Orlando Bonnet Creek (Bonnet Creek hotel). It franchises in the upscale, upper midscale, midscale, economy and extended stay segments with a concentration in economy brands.
Wyndham Destination Network
The Destination Network segment offers non-hotel accommodations that include vacation ownership exchange and vacation rentals. These non-hotel accommodations provide leisure travelers access to various leisure options that include privately owned vacation homes, villas, cottages, apartments, condominiums and vacation ownership resorts. The Company connects vacation suppliers, including affiliated timeshare developers, individual homeowners, and vacation park operators with vacationers. The vacation exchange brand (RCI) operates over three around the world vacation exchange programs, such as RCI Weeks, RCI Points and The Registry Collection. RCI offers Platinum level memberships, which provide exclusive benefits to weeks and points members. Wyndham Vacation Rentals U.K. operates brands within the vacation rental market, including Hoseasons, cottages.com, and James Villa Holidays, and offers access to approximately 42,000 properties across the United Kingdom and continental Europe. Novasol features properties in over 30 European countries with approximately 43,000 exclusive holiday homes available for rent through brands, such as Novasol, Dansommer and Cuendet. Landal GreenParks is a holiday park company, which owns, manages and franchises over 70 holiday parks offering over 12,000 holiday park chalets, and over 1,300 campsite pitches throughout the Netherlands, Germany, Austria, the Czech Republic, Belgium, Switzerland and Hungary. Wyndham Vacation Rentals N.A. offers over 10,000 rental properties, in beach, ski, mountain, theme park, golf and tennis resort destinations, such as Florida, South Carolina, Colorado, Delaware, North Carolina, Alabama, Tennessee, Utah, California and British Columbia.
Wyndham Vacation Ownership
The Vacation Ownership segment develops and acquires vacation ownership resorts, markets and sells vacation ownership interests (VOIs), provides consumer financing, and provides property management services to property owners' associations. The Company has approximately 220 vacation ownership resorts in the United States, Canada, Mexico, the Caribbean and the South Pacific that represent over 24,000 individual vacation ownership units and approximately 897,000 owners of VOIs. The WorldMark by Wyndham is a club consisting of over 90 resorts and represents approximately 6,800 units, which are located in the Western United States, Canada and Mexico. The Company has over 232,000 owners held vacation credits in the club. The Company has approximately 52,000 owner-held vacation credits for Wyndham Vacation Resorts Asia Pacific, which consists of over 30 resorts representing approximately 1,300 units that are located exclusively in the South Pacific. The Shell Vacations Club consists of over 30 resorts representing over 2,200 units, which are located in Hawaii, California, Arizona, Texas, Nevada, Oregon, New Hampshire, North Carolina, Wisconsin and Canada. The Company has over 93,000 owners held vacation points in the Shell Vacations Club.
Wyndham Worldwide Corp
22 SYLVAN WAY
PARSIPPANY NJ 07054-3801
Company Web Links
- BRIEF-Wyndham Hotel Group unveils strategic global transformation across 16 brands
- BRIEF-Wyndham Worldwide Q1 earnings per share $0.84
- BRIEF-Wyndham Worldwide says CEO Stephen Holmes' 2015 total compensation was $14.9 mln vs $14.1 mln in 2014
- Fitch Rates Wyndham's Sr. Unsecured Term Loan 'BBB-'
- BRIEF-Wyndham Worldwide enters into $325 mln term loan credit agreement