Wyndham Destinations

From Wikipedia, the free encyclopedia
  (Redirected from Wyndham Worldwide)
Jump to navigation Jump to search
Wyndham Destinations
Traded as
Industry Hospitality
Founded July 8, 2006
Headquarters Orlando, Florida, U.S.
Key people
Michael D. Brown (President & CEO)[1]
Products Hotels, resorts
Revenue Increase US$5.07 billion (2017)[2]
Increase US$712 million (2017)[2]
Increase US$871 million (2017)[2]
Total assets Increase US$10.4 billion (2017)[2]
Total equity Increase US$878 million (2017)[2]
Number of employees
25,000 (2017)
Subsidiaries Wyndham Hotels & Resorts
Website wyndhamdestinations.com
Footnotes / references
Suite room at the Wyndham Grand Istanbul Europe Hotel

Wyndham Destinations, formerly Wyndham Worldwide Corporation, is an American hospitality company. It is the holding company for Wyndham Hotels & Resorts, RCI and other lodging brands. It was spun off from Cendant Corporation in July 2006.

Wyndham Destinations, headquartered in Orlando, Florida,[5] operates several hotel brands across the world.[6]

Wyndham Hotel Group[edit]

Wyndham Hotel Group offers brands in lodging franchising, vacation ownership, vacation rentals and vacation exchange. It is composed of more than 9,000 hotels under 21 brands spanning more than 75 countries in six continents, competing in brand markets ranging from economy to upscale. Wyndham Worldwide is headquartered in Orlando, Florida and has more than 40,000 employees around the world.[7] Lodging management services are provided to upscale properties through Wyndham Hotel Management.

In early 2008, Global Hyatt Corporation announced that Wyndham Destinations would purchase US Franchise Systems, Inc., owner of the Microtel and Hawthorn Suites brands, for $150 million. The transaction closed July 21, 2008. US Franchise Systems had previously sold the America's Best Inn (formerly Best Inns) chain to the Country Hearth Inns chain in 2005. That holding company is now known as America's Best Franchising Inc.

Wyndham bought the Wisconsin-based Exel Inn chain in 2008, and converted all 22 of its properties to Wyndham brands.[8]

In 2010, Wyndham Destinations acquired the TRYP hotel brand from Sol Meliá Hotels & Resorts of Spain. The brand, subsequently renamed Tryp by Wyndham, is positioned as a "select-service, midmarket" brand representing approximately 13,000 rooms and caters to business and leisure travelers in cosmopolitan cities including Madrid, Barcelona, Paris, Lisbon, New York, Frankfurt, Montevideo, Buenos Aires, São Paulo, Istanbul, etc.[9]

In late 2016, Wyndham Hotel Group announced its acquisition of Latin America's leading Fën Hotels, adding 26 management contracts across Argentina, Peru, Costa Rica, Uruguay, Paraguay, Bolivia, and the U.S. including two new Fën-built Wyndham Grand hotels opening in Montevideo, Uruguay, and Asunción, Paraguay. With the addition of Fën Hotels’ signature Esplendor Boutique Hotel and Dazzler Hotel brands, Wyndham Hotel Group’s portfolio of distinct brands grew to 18. [10]

In the summer of 2017,Wyndham Hotel Group announced plans to acquire the Minnesota-based AmericInn hotel brand and its management company, Three Rivers Hospitality, from Northcott Hospitality for $170 million. AmericInn’s portfolio consisted of 200 primarily franchised hotels with approximately 11,600 rooms in 21 states, predominately in the Midwestern U.S., Ohio Valley, and Mountain states including Minnesota, Wisconsin, Iowa, Michigan, and North Dakota.[11]

In October 2017, Wyndham launched its first soft brand product, the Trademark Hotel Collection, a collection of more than 50 upper-midscale-and-above hotels in Europe and the U.S.[12]

In late 2017 Wyndham Hotel Group announced an agreement with American Hotel Income Properties REIT Inc. (AHIP) to convert 44 existing hotels across the U.S. to Wyndham’s Baymont Inn & Suites, Travelodge, and Super 8 brands. Furthermore, AHIP has also newly acquired two additional hotels joining the Wyndham portfolio. The agreement boosted the company’s already strong presence in the U.S. midscale and economy hotel landscape with locations near Nashville, Tenn.; Kansas City, Kan.; Jefferson City, Mo.; Lincoln, Neb.; and Buffalo, N.Y.[13]

In January 2018 Wyndham Hotel Group announced that they have entered into a definitive agreement under which Wyndham Destinations will acquire La Quinta Holdings hotel franchise and hotel management businesses for $1.95 billion in cash. The acquisition is expected to close in the second quarter of 2018. With the acquisition of La Quinta’s asset-light, fee-for-service business consisting of nearly 900 managed and franchised hotels, Wyndham Hotel Group will span 21 brands and over 9,000 hotels across more than 75 countries.[14]

Wyndham Hotel Group brands[edit]

Wyndham Hotel Group includes 20 brands including:[15]

Wyndham Franchisee Association[edit]

Wyndham Destinations' franchisees have formed an independent association called Owners 8 Association to present their concerns and grievances to Wyndham Destinations.[16] The association has argued that individual franchisees have currently limited role in Wyndham's decision making.

Wyndham Hotel Group's Former CEO Eric A. Danziger, in an interview in 2009 with Asian Indian Hotel Owners magazine, emphasized that Wyndham maintains cordial relationship with franchisees. He also stated that each of Wyndham brands maintain an advisory board of individual property owners.[17]

Wyndham Vacation Ownership[edit]

Wyndham Vacation Ownership, headquartered in Orlando, Florida, is the largest vacation ownership program in the world.[18] It includes a network of 213 properties, 25,000 individual units, and over 925,000 property owners.[19] Locations are in North America, the Caribbean, and the South Pacific. Wyndham Vacation Ownership includes marketing and sales of vacation ownership interests, consumer financing in conjunction with the purchase of vacation ownership interests, property management services to property owners' associations, and development and acquisition of vacation ownership resorts.[19]

Wyndham Vacation Ownership brands[edit]

  • Club Wyndham
  • Club Wyndham Asia
  • Margaritaville Vacation Club
  • Shell Vacations Club
  • WorldMark by Wyndham
  • WorldMark South Pacific Club by Wyndham
  • Club Wyndham Brasil
  • Wyndham ® Extra Holidays [20]

Wyndham Destination Network[edit]

Wyndham Exchange and Rentals officially changed its name to Wyndham Destination Network on January 1, 2016, and operates over 110,000 vacation properties worldwide in more than 100 countries.[21]

Wyndham Destination Network brands[edit]

Sales Practices[edit]

Wyndham has been the focus of several investigations regarding their sales practices. Most recently in Pennsylvania [2]. The Real Estate Commission for Pennsylvania fined Wyndham and their broker at their Shawnee-on-Delaware location, Craig Roberts, a total of $15,000. Eight months earlier, Wyndham settled similar allegations in Wisconsin paying $655,000 in restitution to 29 consumers.[3] A San Francisco jury awarded $20 million to Trish Williams, a former Wyndham timeshare sales representative, who was wrongfully terminated for reporting timeshare fraud on the elderly (San Francisco Superior Court Case No. CGC-12-526187). The verdict, read late on Thursday, November 17, 2016 …


  1. ^ "Wyndham Worldwide Completes Spin-off of Wyndham Hotels & Resorts; Becomes Wyndham Destinations." CNBC. Retrieved on June 20, 2018.
  2. ^ a b c d e "Wyndham Destinations 2017 Annual Report (Form 10-K)". Wyndham Destinations. February 2018. 
  3. ^ "Wyndham Worldwide Corporation". Google Finance. Retrieved 2008-08-26. 
  4. ^ "Wyndham Worldwide: At a Glance". Wyndham Worldwide. Retrieved 2008-08-26. 
  5. ^ "Contact Us." Wyndham Destinations. Retrieved on August 3, 2009.
  6. ^ "Wyndham Worldwide: Company Profile". Wyndham Destinations. Retrieved 2008-08-26. 
  7. ^ "Getting to Know Wyndham Hotel Group". Wyndham Hotel Group website. Retrieved 27 July 2013. 
  8. ^ "Archived copy". Archived from the original on June 4, 2013. Retrieved August 15, 2013. 
  9. ^ "Wyndham Hotel Group to Acquire Tryp Hotel Brand from Sol Meliá". Wyndham Destinations Press Releases. Wyndham Destinations. Retrieved 9 November 2012. 
  10. ^ "Wyndham Hotel Group Acquires Fën Hotels - Wyndham Worldwide". www.wyndhamworldwide.com. Retrieved 5 April 2018. 
  11. ^ "Wyndham Hotel Group Strengthens Its Midscale Bench with Acquisition of AmericInn - Wyndham Worldwide". www.wyndhamworldwide.com. Retrieved 5 April 2018. 
  12. ^ "Wyndham's Trademark Hotel Collection Spans U.S. with Six New Additions - Wyndham Worldwide". wyndhamworldwide.com. Retrieved 5 April 2018. 
  13. ^ "Wyndham Hotel Group Inks Deal with American Hotel Income Properties for 46 Hotels Across U.S. - Wyndham Worldwide". www.wyndhamworldwide.com. Retrieved 5 April 2018. 
  14. ^ "Wyndham Worldwide and La Quinta Holdings Announce Acquisition Agreement - Wyndham Worldwide". www.wyndhamworldwide.com. Retrieved 5 April 2018. 
  15. ^ "Wyndham Destinations". Wyndham Destinations. Retrieved August 19, 2017. 
  16. ^ "Super8 Owners Form Association". [1]. 2008-03-30. Retrieved 2008-05-04.  External link in |work= (help)
  17. ^ "Wyndham appreciates the role of Asian Indian Hotel Owners". Hotel Vikas. 2009-01-30. Archived from the original on February 21, 2009. Retrieved 2009-02-24. 
  18. ^ "Wyndham Timeshares". VacationOwnership.com. Retrieved December 25, 2014. 
  19. ^ a b "Wyndham Worldwide: Wyndham Vacation Ownership". Wyndham Destinations. Retrieved 2008-08-26. 
  20. ^ "Wyndham ® Extra Holidays". 
  21. ^ "Wyndham Exchange and Rentals". Wyndham Destinations. Retrieved 20 November 2015. 

External links[edit]