Type
|
Public |
---|---|
Traded as | NYSE: WYN S&P 500 Component |
Industry | Hospitality Conglomerate |
Founded | July 8, 2006 |
Headquarters | Parsippany-Troy Hills, New Jersey, United States |
Key people
|
Stephen Holmes (Chairman & CEO) Tom Conforti(CFO) |
Revenue |
|
Operating income
|
|
Net income
|
|
Total assets |
|
Total equity |
|
Number of employees
|
33,200 (2007) |
Subsidiaries | Wyndham Hotels & Resorts RCI |
Website | www.wyndhamworldwide.com |
Footnotes / references |
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 nearly 8,000 hotels under 20 brands spanning 153 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 18 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.
Wyndham Hotel Group's Former CEO Eric A. Danziger, in an interview in 2009 with Asian Indian Hotel Owners magazine, emphasized that Wyndham maintains cordial relationship with franchisees. He also stated that each of Wyndham brands maintain an advisory board of individual property owners.
Wyndham Rewards (formerly known as TripRewards) is a branded, points-based rewards program for frequent travelers, featuring over 7,700 participating hotels worldwide. It also features a Wyndham Rewards Credit Card which allows owners to build up 2-13 points per USD to offset costs of maintenance in regards to vacation ownership. It currently holds the highest return of all rewards programs and the highest offset yield.
Wyndham Vacation Ownership, headquartered in Orlando, Florida, is the largest vacation ownership program in the world. It includes a network of 213 properties, 25,000 individual units, and over 925,000 property owners. Locations are in North America, the Caribbean, and the South Pacific. Wyndham Vacation Ownership includes marketing and sales of vacation ownership interests, consumer financing in conjunction with the purchase of vacation ownership interests, property management services to property owners' associations, and development and acquisition of vacation ownership resorts.
Wyndham Exchange and Rentals officially changed its name to Wyndham Destination Network on January 1, 2016, and operates over 110,000 vacation properties worldwide in more than 100 countries.
Wyndham has been the focus of several investigations regarding their sales practices. Most recently in Pennsylvania [2]. The Real Estate Commission for Pennsylvania fined Wyndham and their broker at their Shawnee-on-Delaware location, Craig Roberts, a total of $15,000. Eight months earlier, Wyndham settled similar allegations in Wisconsin paying $655,000 in restitution to 29 consumers.[3] A San Francisco jury awarded $20 million to Trish Williams, a former Wyndham timeshare sales representative, who was wrongfully terminated for reporting time share fraud on the elderly (San Francisco Superior Court Case No. CGC-12-526187). The verdict, read late on Thursday, November 17, 2016 …
2016-07-06 | Initiated Coverage | Wolfe Research | Outperform | |
2016-06-26 | Reiterated Rating | Deutsche Bank | Hold | |
2016-06-26 | Reiterated Rating | Deutsche Bank AG | Hold | |
2016-04-27 | Boost Price Target | MKM Partners | Buy | $88.00 to $89.00 |
2016-04-27 | Boost Price Target | Telsey Advisory Group | Outperform | $93.00 to $95.00 |
2016-03-15 | Boost Price Target | Stifel Nicolaus | Buy | $80.00 to $83.00 |
2016-02-09 | Reiterated Rating | Deutsche Bank | Hold | $71.00 to $65.00 |
2016-02-08 | Lower Price Target | Nomura | $84.00 to $72.00 | |
2016-02-08 | Lower Price Target | Nomura Holdings Inc. | $84.00 to $72.00 | |
2016-02-04 | Initiated Coverage | Credit Suisse | Neutral | $63.00 |
2016-02-04 | Initiated Coverage | Credit Suisse Group AG | Neutral | $63.00 |
2016-01-14 | Lower Price Target | MKM Partners | Buy | $104.00 to $77.00 |
2016-01-11 | Upgrade | Deutsche Bank | Sell to Hold | $71.00 |
2016-01-04 | Initiated Coverage | Telsey Advisory Group | Outperform | $97.00 |
2015-12-11 | Lower Price Target | Stifel Nicolaus | Buy | $95.00 to $90.00 |
2015-11-02 | Boost Price Target | JPMorgan Chase & Co. | Outperform | $86.00 to $96.00 |
2015-10-29 | Downgrade | Goldman Sachs | Conviction-Buy to Buy | $97.00 |
2015-10-29 | Downgrade | Goldman Sachs Group Inc. | Conviction-Buy to Buy | $97.00 |
2015-10-28 | Lower Price Target | MKM Partners | Buy | $107.00 to $104.00 |
2015-10-26 | Lower Price Target | Nomura | Neutral | $93.00 to $84.00 |
2015-10-08 | Lower Price Target | JPMorgan Chase & Co. | Overweight | $96.00 to $93.00 |
2015-08-12 | Reiterated Rating | Deutsche Bank | Sell | $70.00 |
2015-07-29 | Boost Price Target | MKM Partners | Buy | $105.00 to $107.00 |
2015-04-30 | Reiterated Rating | JMP Securities | Market Outperform | |
2015-04-29 | Lower Price Target | FBR & Co. | Outperform | $96.00 to $95.00 |
2015-04-29 | Lower Price Target | FBR & Co | Outperform | $96.00 to $95.00 |
2015-02-11 | Boost Price Target | JMP Securities | Market Outperform | $88.00 to $102.00 |
2015-02-11 | Boost Price Target | SunTrust | Buy | $86.00 to $94.00 |
2015-02-11 | Boost Price Target | Deutsche Bank | Sell | $69.00 to $71.00 |
2015-02-11 | Boost Price Target | FBR & Co. | Buy | $88.00 to $96.00 |
2015-02-11 | Boost Price Target | SunTrust Banks Inc. | Buy | $86.00 to $94.00 |
2015-02-02 | Downgrade | Deutsche Bank | Hold to Sell | $70.00 to $69.00 |
2014-10-27 | Reiterated | FBR Capital | Outperform | $87 to $90 |
2014-10-27 | Reiterated Rating | JMP Securities | Market Outperform | $90.00 to $80.00 |
2014-10-27 | Reiterated Rating | FBR & Co. | Outperform | $87.00 to $90.00 |
2014-09-04 | Boost Price Target | Stifel Nicolaus | Buy | $85.00 to $95.00 |
2014-08-11 | Boost Price Target | MKM Partners | Positive to Buy | $82.00 to $96.00 |
2014-07-25 | Reiterated Rating | JMP Securities | Market Outperform | $84.00 to $90.00 |
2014-07-25 | Boost Price Target | FBR & Co. | Outperform | $85.00 to $87.00 |
2014-07-09 | Reiterated Rating | Deutsche Bank | Hold | $68.00 to $73.00 |
2014-06-06 | Boost Price Target | JPMorgan Chase & Co. | Overweight | $82.00 to $85.00 |
2014-05-30 | Boost Price Target | Nomura | $71.00 to $81.00 | |
2014-05-09 | Boost Price Target | FBR & Co. | $10.00 to $95.00 | |
2014-04-25 | Reiterated Rating | Deutsche Bank | Hold | $68.00 |
2014-02-07 | Boost Price Target | SunTrust | $72.00 to $82.00 | |
2014-01-23 | Initiated Coverage | JMP Securities | Outperform | |
2014-01-08 | Reiterated | FBR Capital | Outperform | $72 to $84 |
2014-01-08 | Boost Price Target | FBR & Co. | Outperform | $72.00 to $84.00 |
2013-12-18 | Boost Price Target | MKM Partners | Buy | $75.00 to $82.00 |
2013-12-03 | Boost Price Target | Stifel Nicolaus | Buy | $75.00 to $85.00 |
2013-10-25 | Boost Price Target | Janney Montgomery Scott | Neutral | $67.00 to $70.00 |
2013-10-24 | Boost Price Target | Telsey Advisory Group | Not Rated | $68.00 to $72.00 |
2013-10-24 | Reiterated Rating | Deutsche Bank | Hold | $62.00 to $67.00 |
2013-10-24 | Boost Price Target | FBR & Co. | Outperform | $70.00 to $72.00 |
2013-10-22 | Reiterated Rating | JPMorgan Chase & Co. | Overweight | $70.00 to $78.00 |
2012-10-25 | Downgrade | Deutsche Bank | Buy to Hold | |
2010-09-29 | Reiterated | Deutsche Bank | Buy | $32 to $34 |
2016-07-06 | Initiated Coverage | Wolfe Research | Outperform | |
2016-06-26 | Reiterated Rating | Deutsche Bank | Hold | |
2016-06-26 | Reiterated Rating | Deutsche Bank AG | Hold | |
2016-04-27 | Boost Price Target | MKM Partners | Buy | $88.00 to $89.00 |
2016-04-27 | Boost Price Target | Telsey Advisory Group | Outperform | $93.00 to $95.00 |
There is presents forecasts of rating agencies and recommendations for investors about this ticker
In WYN 64 funds of 2213 total. Show all
Fund name | Ticker shares |
---|---|
BlackRock Institutional Trust Company, N.A. | 2.91M |
BlackRock Fund Advisors | 1.86M |
BlackRock Group LTD | 1.06M |
BLACKROCK ADVISORS LLC | 0.66M |
Apex Capital Management | 0.66M |
RUSSELL FRANK CO/ | 0.61M |
OPPENHEIMER FUNDS INC | 0.34M |
TIAA CREF INVESTMENT MANAGEMENT LLC | 0.31M |
MANAGED ACCOUNT ADVISORS LLC | 0.28M |
TEACHERS ADVISORS INC | 0.28M |
BlackRock Investment Management, LLC | 0.28M |
AHL Partners LLP | 0.17M |
BlackRock Japan Co. Ltd | 0.15M |
Aperio Group, LLC | 0.14M |
EverPoint Asset Management, LLC | 0.12M |
Name Relationship | Total Shares | Holding stocks |
---|---|---|
Ballotti Geoffrey A Pres./CEO WER | 0.09% (117843) | WYN / |
Conforti Thomas G. Exec. VP and CFO | 0.07% (92458) | WYN / |
HOLMES STEPHEN P Chairman, Pres. and CEO | 0.07% (84649) | WYN / |
Hanning Franz S Pres. CEO Wyndham Vac. Own. | 0.05% (62084) | WYN / |
MANDEL GAIL PRES./CEO WER | 0.04% (47350) | WYN / |
Wyshner David B Executive VP & CFO | 0.04% (46335) | CAR / WYN / |
Falvey Mary R Exec. VP and Chief HR Officer | 0.03% (42093) | WYN / |
McLester Scott G Exec. VP and General Counsel | 0.02% (25254) | WYN / |
Anderson Thomas F EVP and Chief RE Dev. Off. | 0.02% (24043) | WYN / |
Danziger Eric A Pres./CEO Wyndham Hotel Grp. | 0.02% (22995) | WYN / |
BIBLOWIT MYRA J | 0.01% (7924) | WYN / |
Brown Michael Dean President/CEO WVO | 0.01% (6700) | WYN / |