Wyndham Worldwide
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| Public | |
| Traded as | : WYN S&P 500 Component |
| Industry |
Hospitality Conglomerate |
| Founded | July 2006 |
| Headquarters |
Parsippany-Troy Hills, New Jersey, United States |
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Key people
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Stephen Holmes (Chairman & CEO) Tom Conforti(CFO) |
| Revenue |
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| Total assets |
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| Total equity |
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Number of employees
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33,200 (2007) |
| Subsidiaries |
Wyndham Hotels & Resorts RCI |
| Website | www.wyndhamworldwide.com |
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Footnotes / references |
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US$ 5,009.0 million (2013) 
US$ 400.0 million (2012) Wyndham Worldwide Corporation is an American business, it is the holding company for Wyndham Hotels & Resorts, RCI and other lodging brands. It was spun off from Cendant Corporation in July 2006.
Wyndham Worldwide, headquartered in Parsippany-Troy Hills, New Jersey, operates several hotel brands across the world.
Wyndham Hotel Group offers brands in lodging franchising, vacation ownership, vacation rentals and vacation exchange. It is composed of nearly 7,400 hotels under 15 brands spanning 66 countries in six continents, competing in brand markets ranging from economy to upscale. Wyndham Worldwide is headquartered in Parsippany, New Jersey and has more than 40,000 employees around the world. Lodging management services are provided to upscale properties through Wyndham Hotel Management.
In early 2008, Global Hyatt Corporation announced that the Wyndham Worldwide Group would purchase US Franchise Systems, Inc., owner of the Microtel and Hawthorn Suites brands, for $150 million. The transaction closed July 21, 2008. US Franchise Systems had previously sold the America's Best Inn (formerly Best Inns) chain to the Country Hearth Inns chain in 2005. That holding company is now known as America's Best Franchising Inc.
Wyndham bought the Wisconsin-based Exel Inn chain in 2008, and converted all 22 of its properties to Wyndham brands.
In 2010, Wyndham Worldwide acquired the TRYP hotel brand from Sol Meliá Hotels & Resorts of Spain. The brand, subsequently renamed Tryp by Wyndham, is positioned as a "select-service, midmarket" brand representing approximately 13,000 rooms and caters to business and leisure travelers in cosmopolitan cities including Madrid, Barcelona, Paris, Lisbon, New York, Frankfurt, Montevideo, Buenos Aires, São Paulo, Istanbul, etc.
Wyndham Hotel Group includes 15 brands including:
Wyndham Worldwide's franchisees have formed an independent association called Owners 8 Association to present their concerns and grievances to Wyndham Worldwide. The association has argued that individual franchisees have currently limited role in Wyndham's decision making.
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Wikipedia