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Travel + Leisure Co. (formerly Wyndham Destinations, Inc. and Wyndham Worldwide Corporation) is an American timeshare company headquartered in Orlando, Florida. It develops, sells, and manages timeshare properties under several vacation ownership clubs, including Club Wyndham and WorldMark by Wyndham, and provides timeshare exchange services, primarily through RCI (company), RCI. The company operates three business lines: Wyndham Destinations, the world's largest vacation ownership business; Panorama, operating vacation exchange, membership travel, and travel technology businesses; and Travel + Leisure Group, offering consumer travel products, including online and subscription travel services and product licensing. Wyndham Worldwide was formed as a Corporate spin-off, spin-off from Cendant Corporation in 2006, with ownership of Cendant's hotel and timeshare businesses. In 2018, Wyndham Worldwide spun off its hotel division as Wyndham Hotels & Resorts and changed its own name to ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Hospitality Franchise Systems
Cendant Corporation was an American provider of business and consumer services, primarily within the real estate and travel industries. In 2005 and 2006, it broke up and spun off or sold its constituent businesses. Although it was based in New York City, the majority of its headquarters employees were in Parsippany-Troy Hills, New Jersey. Its last CEO was Henry Silverman. History Founding Hospitality Franchise Systems Inc. (HFS) was created as an affiliate of the Blackstone Group, a private equity firm, as a vehicle to acquire hotel franchises. It was led by Henry Silverman, a Blackstone partner and former CEO of Days Inn. It began in 1990 by buying Howard Johnson's and the U.S. rights to the Ramada brand from Prime Motor Inns for $170 million. In 1992, HFS bought the Days Inn franchise out of bankruptcy for $290 million. This purchase made HFS the largest hotel franchisor in the world, with its brands licensed to 2,300 hotels. Blackstone took Hospitality Franchise Systems pu ...
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Wyndham Vacation Resorts Asia Pacific
Club Wyndham South Pacific (formerly Wyndham Vacation Resorts Asia Pacific and Trendwest South Pacific) is a wholly owned subsidiary of Travel + Leisure Co. which operates as a vacation ownership, allowing vacationers to own real estate interest in one of the Wyndham resorts. History 20th century Wyndham Vacation Resorts Asia-Pacific was founded in November 1999 and opened its Corporate Offices at Bundall on Australia's Gold Coast in January 2000. Wyndham Vacation Resorts Asia Pacific opened its first South Pacific sales center at WorldMark Denarau Island, Fiji in March 2000. This was followed by sales centers at Upper Mount Gravatt & Lutwyche (Brisbane), Lane Cove, Parramatta (Sydney), Newcastle (NSW), Port Macquarie (NSW), Hawthorn and Doncaster (Melbourne), Kirra Beach (Gold Coast), and Auckland (New Zealand). See also * Wyndham Hotels and Resorts * Resort Condominiums International RCI (formerly Group RCI and, before that, Resort Condominiums International) is a timeshare ...
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Oceania
Oceania (, , ) is a region, geographical region that includes Australasia, Melanesia, Micronesia, and Polynesia. Spanning the Eastern Hemisphere, Eastern and Western Hemisphere, Western hemispheres, Oceania is estimated to have a land area of and a population of around 44.5 million as of 2021. When compared with (and sometimes described as being one of) the continents, the region of Oceania is the smallest in land area and the list of continents and continental subregions by population, second least populated after Antarctica. Its major population centres are Sydney, Melbourne, Brisbane, Perth, Auckland, Adelaide, Honolulu, and Christchurch. Oceania has a diverse mix of economies from the developed country, highly developed and globally competitive market economy, financial markets of Australia, French Polynesia, Hawaii, Hawaii, New Caledonia, and New Zealand, which rank high in quality of life and Human Development Index, to the much least developed countries, less developed ...
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Caribbean
The Caribbean (, ) ( es, El Caribe; french: la Caraïbe; ht, Karayib; nl, De Caraïben) is a region of the Americas that consists of the Caribbean Sea, its islands (some surrounded by the Caribbean Sea and some bordering both the Caribbean Sea and the North Atlantic Ocean) and the surrounding coasts. The region is southeast of the Gulf of Mexico and the North American mainland, east of Central America, and north of South America. Situated largely on the Caribbean Plate, the region has more than 700 islands, islets, reefs and cays (see the list of Caribbean islands). Island arcs delineate the eastern and northern edges of the Caribbean Sea: The Greater Antilles and the Lucayan Archipelago on the north and the Lesser Antilles and the on the south and east (which includes the Leeward Antilles). They form the West Indies with the nearby Lucayan Archipelago (the Bahamas and Turks and Caicos Islands), which are considered to be part of the Caribbean despite not bordering the Caribbe ...
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North America
North America is a continent in the Northern Hemisphere and almost entirely within the Western Hemisphere. It is bordered to the north by the Arctic Ocean, to the east by the Atlantic Ocean, to the southeast by South America and the Caribbean Sea, and to the west and south by the Pacific Ocean. Because it is on the North American Plate, North American Tectonic Plate, Greenland is included as a part of North America geographically. North America covers an area of about , about 16.5% of Earth's land area and about 4.8% of its total surface. North America is the third-largest continent by area, following Asia and Africa, and the list of continents and continental subregions by population, fourth by population after Asia, Africa, and Europe. In 2013, its population was estimated at nearly 579 million people in List of sovereign states and dependent territories in North America, 23 independent states, or about 7.5% of the world's population. In Americas (terminology)#Human ge ...
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Blackstone Group
Blackstone Inc. is an American alternative investment management company based in New York City. Blackstone's private equity business has been one of the largest investors in leveraged buyouts in the last three decades, while its real estate business has actively acquired commercial real estate. Blackstone is also active in credit, infrastructure, hedge fund solutions, insurance solutions, secondaries and growth equity. As of Q3 2022, the company's total assets under management were approximately US$951 billion, making it the largest alternative investment firm globally. Blackstone was founded in 1985 as a mergers and acquisitions firm by Peter G. Peterson and Stephen A. Schwarzman, who had previously worked together at Lehman Brothers. History Founding and early history Blackstone was founded in 1985 by Peter G. Peterson and Stephen A. Schwarzman with $400,000 in seed capital. The founders named their firm "Blackstone," using a cryptogram derived from the names of the ...
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Trendwest Resorts
WorldMark by Wyndham (formerly Trendwest) is the developer and marketer of WorldMark, The club, a vacation ownership program and part of the Wyndham Worldwide Corporation. The original development partner of the club was Trendwest International (TWI), a subsidiary of Jeld-Wenn Industries, a privately held door and window manufacturer. Worldmark by Wyndham (WbW), which does not own WorldMark, the club (WMtC or "the Club"), has a dual role for the club. First, WbW develops new properties for the club and sells vacation credits for these properties at a profit. Additionally, WbW manages existing WMtC resort properties, the funds for which come from annual maintenance dues commensurate with the number of vacation credits each WMtC owner's account contains. Timeline WorldMark Timeline * 1989: The club, then known as Club Esprit, is founded by Bill Peare, with TWI as developer. * 1991: The Club Esprit name is dropped due to a trademark conflict with a similarly named manufacturer of cl ...
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Fairfield Communities
Fairfield may refer to: Places Australia * Fairfield, New South Wales, a western suburb of Sydney. **Electoral district of Fairfield, the corresponding seat in the New South Wales Legislative Assembly * Fairfield, Queensland * Fairfield, Victoria * Fairfield West, New South Wales * Fairfield Heights, New South Wales * Fairfield East, New South Wales Canada * Fairfield (Greater Victoria), a neighbourhood of Victoria, British Columbia New Zealand * Fairfield, Otago, a suburb of Dunedin * Fairfield, Waikato, a suburb of Hamilton * Fairfield, Wellington, a suburb of Lower Hutt United Kingdom * Fairfield (Croydon ward) * Fairfield (Wandsworth ward) * Fairfield, Bedfordshire, a village * Fairfield, Bromsgrove, a village in north-east Worcestershire * Fairfield, Bury, part of Bury, Greater Manchester * Fairfield, Clackmannanshire, a location in Scotland * Fairfield, County Durham, a suburb * Fairfield, Derbyshire, a village * Fairfield, Evesham, a part of the town of Evesham ...
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CUC International
CUC (Comp-U-Card) International Inc. was a membership-based consumer services conglomerate with travel, shopping, auto, dining, home improvement and financial services offered to more than 60 million customers worldwide based in Stamford, Connecticut, USA, and founded in 1973 by Kirk Shelton and Walter Forbes. In 1998, it became involved in a Securities and Exchange Commission investigation into what, at the time, was the biggest accounting scandal in corporate history. History Their main product, a shopping service, originally a membership telephone-based drop-ship service called Comp-U-Card begun in 1973, was made available online to users of The Source in the mid-1980s, and later CompuServe after its purchase of The Source. It later offered its Shoppers Advantage service on America Online, Prodigy, GEnie and Delphi as well. It was perhaps the first company conducting electronic commerce, although its web based service first went online in 1995. CUC's main line of operations w ...
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Resort Condominiums International
RCI (formerly Group RCI and, before that, Resort Condominiums International) is a timeshare exchange company with over 4,300 affiliated resorts in 100 countries. Founded in Indiana in 1974 by Jon and Christel DeHaan, RCI is one of the two main timeshare exchange businesses, along with Interval International (II). RCI is part of Wyndham Destination Network and the Wyndham Worldwide family of brands. Corporate structure RCI's president is Olivier Chavy. RCI's corporate headquarters is in Parsippany, New Jersey. ln India, RCI's corporate office is in Bangalore, India. Its North American membership office is in Carmel, Indiana, and its European membership office is in Kettering, England, with several satellite servicing offices around the world. Its Asia Pacific membership office is in Singapore. In July 2007, RCI was merged with Holiday Cottages Group, another of Wyndham Worldwide's subsidiaries. The two would still retain their individual names but operated under the parent name ...
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Super 8 (hotel)
Super 8, formerly Super 8 Motels, is an American hotel brand, being the world's largest budget hotel chain with over 2,000 locations worldwide. The chain is a subsidiary of Wyndham Hotels and Resorts. The original room cost was $8.88 per night. As of October 2022, the brand website listed 2,091 hotels worldwide. History Launch Ron Rivett and Dennis Brown created the new Super 8 Motel corporation with each of them owning 50% of the stock in the new company. The original room rate was US$8.88 (equivalent to $50.07 in 2021), hence the numeric brand name. The first Super 8, with 60 rooms, opened in Aberdeen, South Dakota, in 1974, built near a Holiday Inn with just some drawings made by Rivett as blueprints. The stucco exterior with an English Tudor style was inspired by Rivett's father-in-law, who was a stuccoer; the English Tudor style and placing of Super 8's near Holiday Inns was an established procedure for setting up new Super 8's for years to come. Dennis Brown died in 1 ...
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