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The spin-off of Wyndham's hotel business occurred on May 31, 2018, creating Wyndham Hotels & Resorts. In June 2024, the hotel chain has more than 9,200 hotels in over 95 countries, represented by 24 brands. [22] In October 2023, Choice Hotels announced a proposal to purchase all outstanding shares of Wyndham for $90 per share. [23]
An all-inclusive resort is a holiday resort that generally includes, in the price of booking a stay, lodging, unlimited food and drink, alcoholic drinks, entertainment, and other recreational activities like sports or watersports. [1] They are often located in warmer regions of the world, particularly in the Mediterranean, Mexico and the Caribbean.
Travel + Leisure Co. (formerly Wyndham Destinations, Inc., and Wyndham Worldwide Corporation) is an American timeshare company headquartered in Orlando, Florida. [7] It develops, sells, and manages timeshare properties under several vacation ownership clubs, including Club Wyndham, WorldMark by Wyndham, Margaritaville Vacation Club, and Accor Vacation Club.
Wyndham last year rejected a hostile takeover offer from rival Choice Hotels. The company’s shares are down about 9.5% year to date, but have been on something of a rebound for the past month.
WorldMark by Wyndham (formerly Trendwest) is the developer and marketer of WorldMark, The Club, a vacation ownership program. Worldmark by Wyndham is part of the Travel + Leisure Co. family of travel brands (Formerly Wyndham Worldwide and Wyndham Destinations ). [ 1 ]
Wingate opened its first hotel in July 1996. Since then, over 100 new Wingate by Wyndhams have been opened. Wingate by Wyndham is a part of Wyndham Hotels & Resorts, formerly part of Cendant. In late 2007, Wingate Inn officially changed its name to Wingate by Wyndham. As of December 31, 2023, it had 205 properties with 18,652 rooms. [1]