Wyndham Destinations, Inc.

Detailed Description

Wyndham Destinations, Inc. provides hospitality services and products in the United States and internationally. The company operates in two segments, Vacation Ownership and Vacation Exchange. The Vacation Ownership segment develops, markets, and sells vacation ownership interests (VOIs) to individual consumers; provides consumer financing in connection with the sale of VOIs; and provides property management services at resorts. The Vacation Exchange segment offers vacation exchange services and products to owners of VOIs. As of December 31, 2019, it had approximately 230 vacation ownership resorts. The company also offers private-label travel booking technology solutions. The company's travel business Panorama includes vacation exchange, leisure travel, and technology brands, including RCI, vacation exchange that provides access to 4,200+ affiliated resorts worldwide; and Extra Holidays, offering condo vacations at hotel prices. The company was formerly known as Wyndham Worldwide Corporation and changed its name to Wyndham Destinations, Inc. in May 2018. Wyndham Destinations, Inc. was founded in 1990 and is headquartered in Orlando, Florida.

Product & Services

timeshare, vacation rentals, resorts

Key People

Michael D. Brown (president​ & CEO) Michael Hug (CFO) Noah Brodsky (chief brand​ officer)

Financials

Revenue: US$4.043 billion (2019)

Operating income: US$812 million (2019)

Net income: US$507 million (2019)