Wyndham Worldwide to Rebrand Its Timeshare Properties World's
Largest Vacation Ownership Business Will Carry the Wyndham Flag
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PARSIPPANY, N.J., Oct 12, 2006 /PRNewswire-FirstCall via COMTEX/ --
Wyndham Worldwide Corporation (WYN : wyndham worldwide corp com
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Last: 28.59-0.65-2.22%
4:15am 10/12/2006
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WYN28.59, -0.65, -2.2%) , one of the world's largest hospitality
companies, today announced that it will rebrand its industry-leading
timeshare properties -- Fairfield Resorts(R), Trendwest(R) North
America and Trendwest South Pacific -- under the Wyndham(R) name.
"Adopting the Wyndham name within our timeshare business is a
significant leap forward in our global brand strategy and sets the
stage for further development of mixed-use hotel and timeshare
properties throughout our system," said Stephen P. Holmes, Wyndham
Worldwide chairman, president and chief executive officer.
"Associating the Wyndham brand with our world-class vacation
ownership resorts dramatically broadens the presence of our flagship
brand throughout the marketplace, both in the United States and
abroad," he said. "It also signifies a major evolution for the
Wyndham brand as it now extends to include upscale timeshare
products consumers can own and enjoy for life."
The rebranding process will begin with the Fairfield Resorts
transition to Wyndham Vacation Resorts, effective immediately.
Trendwest South Pacific will become Wyndham Vacation Resorts-Asia
Pacific later this year, followed by Trendwest North America, which
will transition its WorldMark by Trendwest brand to WorldMark by
Wyndham in early 2007.
Collectively, these brands will continue to operate as Wyndham
Vacation Ownership, one of three business units that comprise
Wyndham Worldwide.
The Wyndham brand will begin to appear on timeshare resorts as well
as Wyndham Vacation Ownership's sales, marketing and service centers
around the world in concurrent stages over a 12-month period. By the
end of the year, 15 to 18 high quality resorts in key markets will
prominently carry the Wyndham flag. When completed, more than 140
timeshare resorts throughout the United States, Canada, Mexico, the
Caribbean and South Pacific will be associated with the Wyndham
brand.
"We're excited to begin introducing our products to consumers under
the highly regarded Wyndham banner," said Franz S. Hanning, Wyndham
Vacation Ownership president and chief executive officer.
"For more than 40 years, we've built our success on the quality of
our resorts, the flexibility of our vacation ownership programs and
the talent and dedication of our more than 14,000 employees," he
said. "Matching these strengths with a world-class brand presents us
with substantial growth opportunities as we begin to reach new
consumers through a name they know and trust."
In conjunction with the reflagging of its timeshare properties,
Wyndham Vacation Ownership will launch comprehensive marketing
campaigns in national broadcast and print media as well as direct-
mail and e-commerce applications in support of its Wyndham-branded
vacation ownership products. The company also will develop
additional cross-marketing programs designed to introduce its full
spectrum of Wyndham-branded products to timeshare owners and hotel
guests.
Largest Vacation Ownership Business Will Carry the Wyndham Flag
PrintE-mailDisable live quotesRSSDigg itDel.icio.usLast Update: 7:30
AM ET Oct 12, 2006
PARSIPPANY, N.J., Oct 12, 2006 /PRNewswire-FirstCall via COMTEX/ --
Wyndham Worldwide Corporation (WYN : wyndham worldwide corp com
News , chart, profile, more
Last: 28.59-0.65-2.22%
4:15am 10/12/2006
Delayed quote dataAdd to portfolio
Analyst
Create alertInsider
Discuss
Financials
Sponsored by:
WYN28.59, -0.65, -2.2%) , one of the world's largest hospitality
companies, today announced that it will rebrand its industry-leading
timeshare properties -- Fairfield Resorts(R), Trendwest(R) North
America and Trendwest South Pacific -- under the Wyndham(R) name.
"Adopting the Wyndham name within our timeshare business is a
significant leap forward in our global brand strategy and sets the
stage for further development of mixed-use hotel and timeshare
properties throughout our system," said Stephen P. Holmes, Wyndham
Worldwide chairman, president and chief executive officer.
"Associating the Wyndham brand with our world-class vacation
ownership resorts dramatically broadens the presence of our flagship
brand throughout the marketplace, both in the United States and
abroad," he said. "It also signifies a major evolution for the
Wyndham brand as it now extends to include upscale timeshare
products consumers can own and enjoy for life."
The rebranding process will begin with the Fairfield Resorts
transition to Wyndham Vacation Resorts, effective immediately.
Trendwest South Pacific will become Wyndham Vacation Resorts-Asia
Pacific later this year, followed by Trendwest North America, which
will transition its WorldMark by Trendwest brand to WorldMark by
Wyndham in early 2007.
Collectively, these brands will continue to operate as Wyndham
Vacation Ownership, one of three business units that comprise
Wyndham Worldwide.
The Wyndham brand will begin to appear on timeshare resorts as well
as Wyndham Vacation Ownership's sales, marketing and service centers
around the world in concurrent stages over a 12-month period. By the
end of the year, 15 to 18 high quality resorts in key markets will
prominently carry the Wyndham flag. When completed, more than 140
timeshare resorts throughout the United States, Canada, Mexico, the
Caribbean and South Pacific will be associated with the Wyndham
brand.
"We're excited to begin introducing our products to consumers under
the highly regarded Wyndham banner," said Franz S. Hanning, Wyndham
Vacation Ownership president and chief executive officer.
"For more than 40 years, we've built our success on the quality of
our resorts, the flexibility of our vacation ownership programs and
the talent and dedication of our more than 14,000 employees," he
said. "Matching these strengths with a world-class brand presents us
with substantial growth opportunities as we begin to reach new
consumers through a name they know and trust."
In conjunction with the reflagging of its timeshare properties,
Wyndham Vacation Ownership will launch comprehensive marketing
campaigns in national broadcast and print media as well as direct-
mail and e-commerce applications in support of its Wyndham-branded
vacation ownership products. The company also will develop
additional cross-marketing programs designed to introduce its full
spectrum of Wyndham-branded products to timeshare owners and hotel
guests.