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Travel Leisure
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, WorldMark by Wyndham, Margaritaville Vacation Club, and Accor Vacation Club. The company provides timeshare exchange services, primarily through RCI, and travel clubs including Travel + Leisure GO. The company operates two business lines: Vacation Ownership and Travel & Membership. Wyndham Worldwide was formed as a 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 Wyndham Destinations and then to Travel + Leisure in 2021 following the acquisition of the brand from Meredith Corporation, later known as Dotdash Meredith. The '' Travel + Le ...
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Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), 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 so 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 Kin ...
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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 Syste ...
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Love Home Swap
Love Home Swap is a subscription-based, peer-to-peer holiday home exchange or home swapping website. Members of the website swap homes with each other, either simultaneously or using a points system. The company is based in London, United Kingdom. Love Home Swap was acquired by Travel + Leisure Co. (formerly Wyndham Worldwide Corporation) in August 2017. In March of 2023, HomeExchange.com purchased Love Home Swap. History Love Home Swap was founded in 2011 by Debbie Wosskow OBE after being inspired by the film The Holiday featuring Kate Winslet and Cameron Diaz. The company was founded during a phase of rapid growth in the sharing economy or collaborative consumption space, of which Wosskow was a strong proponent. * 2014 Love Home Swap acquired 1st Home Exchange * 2015 Received first investment from Wyndham (now operating as Travel + Leisure Co.) * 2015 Acquired Dutch rival Home For Exchange * August 2017 Love Home Swap was acquired by Travel + Leisure Co. Trave ...
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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. Travel is the movement of people between distant geographical Location (geography), locations. Travel can be done by Pedestrian, foot, bicycle, automobile, train, boat, bus, airplane, ship or other means, with or without Baggage, luggage, a ... 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), Hawth ...
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Oceania
Oceania ( , ) is a region, geographical region including Australasia, Melanesia, Micronesia, and Polynesia. Outside of the English-speaking world, Oceania is generally considered a continent, while Mainland Australia is regarded as its continental landmass. Spanning the Eastern Hemisphere, Eastern and Western Hemisphere, Western hemispheres, at the centre of the land and water hemispheres, water hemisphere, Oceania is estimated to have a land area of about and a population of around 46.3 million as of 2024. Oceania is the smallest continent in land area and the list of continents and continental subregions by population, second-least populated after Antarctica. 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, New Caledonia, and New Zealand, which rank high in quality of life and Human Development Index, to the much least developed countries ...
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Caribbean
The Caribbean ( , ; ; ; ) is a region in the middle of the Americas centered around the Caribbean Sea in the Atlantic Ocean, North Atlantic Ocean, mostly overlapping with the West Indies. Bordered by North America to the north, Central America to the west, and South America to the south, it comprises numerous List of Caribbean islands, islands, cays, islets, reefs, and banks. It includes the Lucayan Archipelago, Greater Antilles, and Lesser Antilles of the West Indies; the Quintana Roo Municipalities of Quintana Roo#Municipalities, islands and Districts of Belize#List, Belizean List of islands of Belize, islands of the Yucatán Peninsula; and the Bay Islands Department#Islands, Bay Islands, Miskito Cays, Archipelago of San Andrés, Providencia and Santa Catalina, Archipelago of San Andrés, Providencia, and Santa Catalina, Corn Islands, and San Blas Islands of Central America. It also includes the coastal areas on the Mainland, continental mainland of the Americas bordering the ...
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North America
North America is a continent in the Northern Hemisphere, Northern and Western Hemisphere, Western hemispheres. North America 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 south and west by the Pacific Ocean. The region includes Middle America (Americas), Middle America (comprising the Caribbean, Central America, and Mexico) and Northern America. North America covers an area of about , representing approximately 16.5% of Earth's land area and 4.8% of its total surface area. It is the third-largest continent by size after Asia and Africa, and the list of continents and continental subregions by population, fourth-largest continent by population after Asia, Africa, and Europe. , North America's population was estimated as over 592 million people in list of sovereign states and dependent territories in North America, 23 independent states, or about 7.5% of the world's popula ...
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Blackstone Group
Blackstone Inc. is an American alternative investment management company based in New York City. It was founded in 1985 as a mergers and acquisitions firm by Peter Peterson and Stephen Schwarzman, who had previously worked together at Lehman Brothers. 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 across the globe. Blackstone is also active in credit, infrastructure, hedge funds, secondaries, growth equity, and insurance solutions. As of May 2024, Blackstone has more than $1 trillion in total assets under management, making it the world's largest alternative investment firm. History Founding and early history Blackstone was founded in 1985 by Peter G. Peterson and Stephen A. Schwarzman with (equivalent to $million in ) in seed capital. The founders derived their firm's name from their names: "Schwarz" is German for ...
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Trendwest Resorts
WorldMark by Wyndham (formerly Trendwest) is the developer and marketer of ''WorldMark, The Club'', a vacation ownership program. Worldmark by Wyndham is part of the Travel + Leisure Co. family of travel brands (Formerly Wyndham Worldwide and Wyndham Destinations). The original development partner of ''the club'' was Trendwest International (TWI), a subsidiary of Jeld-Wen, a 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. WorldMark by Wyndham operates nearly 100 vacation club properties across the United States, Canada, and Mexico. Timeline WorldMark Timeline * 1989: The clu ...
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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, US, 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 operat ...
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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 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 Singapore, officially the Republic of Singapore, is an island country and city-state in Southeast Asia. The country's territory comprises one main island, 63 satellite islands and islets, and one outlying ...
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Super 8 (hotel)
Super 8 by Wyndham, commonly known as Super 8, is an American hotel brand, being the world's largest budget hotel chain with over 2,600 locations worldwide. The chain is a subsidiary of Wyndham Hotels and Resorts. The original room cost was $8.88 per night. As of December 2022, the brand website listed 2,691 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. D ...
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