It's been a good couple of months for Wyndham Vacation Ownership. Last month, the company reported that sales in the fourth quarter of 2006 topped $469 million, up 30 percent over the same quarter in ‘05. The increase was driven by a 17-percent rise in tour flow and an eight-percent increase in volume per guest. The company has also been busy on the development front:

  • Early January marked the opening of the Wyndham Waikiki Beach Walk, a 195-unit project that's part of Honolulu's largest-ever redevelopment project. The property is the result of a $54-million renovation of the former Ohana Reef Tower hotel.

  • The firm purchased the Grand Beach Palace, a former Renaissance Hotel, on St. Thomas in the U.S. Virgin Islands. Wyndham plans to spend $40 million to convert the 290 hotel rooms into 143 timeshare units.

Reprints and Licensing
© 2014 Penton Media Inc.

Acceptable Use Policy
blog comments powered by Disqus

Most Recent

More Recent Articles

Career Center

Quick Job Search
Enter Keyword(s):
Enter a City:

Select a State:

Select a Category:

Franchise Fact File Top Brands
Brand Company Basics Top Management Companies
Owners & Operators Industry Consultants
Industry Associations Industry Events
Design Firms Purchasing Companies
Top Ownership Groups  


Click here to view all of the Lodging Hospitality Photo Galleries

Accor Best Western
Carlson Rezidor Choice
Hilton Hyatt
IHG La Quinta
Marriott Starwood
Vantage Wyndham

Free Product Information
News and Trends for the Hotel, Motel, and Hospitality Markets.

Lodging Hospitality eReport
Lodging Hospitality electronic newsletters are FREE to requested subscribers.

Lodging Hospitality Resource Center
The Lodging Hospitality Resource Center is the ultimate resource to find products and services to build, equip, and renovate hotels, motels and resorts.

Subscribe / Renew
Visit our subscription center to subscribe or renew your subscription to Lodging Hospitality.

Visit our webinars page to view all our upcoming and on demand webinars.

Visit our White Papers page to view all our current White Papers.