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The spin-off of Wyndham's hotel business occurred on May 31, 2018, creating Wyndham Hotels & Resorts. In June 2024, the hotel chain has more than 9,200 hotels in over 95 countries, represented by 24 brands. [22] In October 2023, Choice Hotels announced a proposal to purchase all outstanding shares of Wyndham for $90 per share. [23]
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Travel + Leisure Co. (formerly Wyndham Destinations, Inc., and Wyndham Worldwide Corporation) is an American timeshare company headquartered in Orlando, Florida. [7] 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 trademark rights and franchise system were acquired for $39 million by HFS Inc., owner of other hotel brands such as Days Inn and Ramada. [5] [6] HFS was later merged into Cendant Corporation, [7] and Cendant's hotel services, including Travelodge, were spun off as Wyndham Hotels and Resorts in 2006. [8]
Wyndham's portfolio at the time of the sale included ownership of 32 hotels, [15] plus management agreements for 29 other properties and franchise agreements for 82 other Wyndham-branded hotels. [16] In the months following the sale, Blackstone transferred 14 of the owned-and-operated hotels to its newly created LXR Luxury Resorts brand, [ 14 ...
Wyndham Vacation Resorts Asia Pacific, a vacation ownership company and subsidiary of Wyndham Destinations; Wyndham Hotels & Resorts, an international hotel chain Wyndham Championship, a PGA golf tournament in the United States; Wyndham College, a senior high school in Sydney, Australia; Wyndham School, the former name of West Lakes Academy in ...