Wyndham Worldwide
(NYSE: WYN)
59.61
+0.43
+0.73%
+0.43
+0.73%
MORE ON WYN
COMPANY INFORMATION
| Exchange: | New York Stock Exchange |
| Stock: | Wyndham Worldwide Corporation |
| Industry: | Lodging |
| Employees: | 32,500 |
DESCRIPTION
| Wyndham Worldwide Corporation is a Delaware Corporation. It operates as a hospitality company and offers individual consumers and business customers a suite of hospitality products and services across various accommodation alternatives and price ranges through its portfolio of world-renowned brands. With more than 20 brands, which include Wyndham Hotels and Resorts, Ramada, Days Inn, Super 8, Wyndham Rewards, Wingate by Wyndham, Microtel, RCI, The Registry Collection, Endless Vacation Rentals, Landal GreenParks, Cottages4You, Novasol, Wyndham Vacation Resorts and WorldMark by Wyndham, it has built a significant presence in most major hospitality markets in the United States and throughout the rest of the world. The Company operates mainly in the lodging, vacation exchange and rentals, and vacation ownership segments of the hospitality industry. Through its lodging business, it franchises in the upscale, midscale, economy and extended stay segments of the lodging industry and providing hotel management services for full-service hotels globally. Through its vacation exchange and rentals business, it provides vacation exchange products and services and access to distribution systems and networks to resort developers and owners of intervals of vacation ownership interests, and it markets vacation rental properties mainly on behalf of independent owners, vacation ownership developers and other hospitality providers. Through its vacation ownership business, it develops, markets and sells vacation ownership interests to individual consumers, provide consumer financing in connection with the sale of vacation ownership interests and provide management services at resorts. The Company deploys a variety of marketing strategies and tactics depending on the needs of the specific brand and local market, including brand positioning, creative development, offline and online media planning and buying, promotions, sponsorships and direct marketing. The vacation exchange and rentals business faces competition throughout the world. The vacation rentals business faces competition from a variety of professional vacation rental managers and rent-by-owner channels that collectively use brokerage services, direct marketing and the Internet to market and rent vacation properties. The Company owns the trademarks 'Wyndham Vacation Ownership,' 'Wyndham Vacation Resorts,' 'WorldMark by Wyndham,' and 'FairShare Plus' and related trademarks and logos. The Company's businesses are regulated by federal, state and local governments in the countries in which its operations are conducted. |
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