Wyndham Worldwide Corporation
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| Public | |
| Traded as | : WYN S&P 500 Component |
| Industry |
Hospitality Conglomerate |
| Founded | July 8, 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$ 1,625.0 million (2013) Wyndham Worldwide Corporation is an American hospitality company, 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 more than 9,000 hotels under 21 brands spanning more than 75 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.
In late 2016, Wyndham Hotel Group announced its acquisition of Latin America's leading Fën Hotels, adding 26 management contracts across Argentina, Peru, Costa Rica, Uruguay, Paraguay, Bolivia, and the U.S. including two new Fën-built Wyndham Grand hotels opening in Montevideo, Uruguay, and Asunción, Paraguay. With the addition of Fën Hotels’ signature Esplendor Boutique Hotel and Dazzler Hotel brands, Wyndham Hotel Group’s portfolio of distinct brands grew to 18.
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Wikipedia