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Hotel brand Wyndham Destinations, formerly known as Wyndham Worldwide Corporation, has completed a ‘spin-off’ from Wyndham Hotels & Resorts.
The group has a global presence in 110 countries at more than 220 vacation ownership resorts and 4,300 affiliated exchange properties.
Michael Brown, president and chief executive officer for Wyndham Destinations, said: “Over the past decade, we have built the world’s largest vacation ownership and exchange company thanks to the hard work of our employees and the loyalty of our customers.
“We are excited to move forward as a focused, pure-play company with a leading market position and significant growth opportunities.”
He added: “With our experienced management team, robust sales and marketing platform, and increased financial flexibility, we look forward to providing our owners and guests with great vacation experiences and delivering value for our shareholders in the years to come.”
