Hints and tips:
...Meanwhile, Wyndham Vacation Ownership will be a publicly traded timeshare company, headquartered in Florida and headed by its chief executive Michael Brown....
...As Morgan Stanley’s Adam Jonas noted after reviewing Hertz’ results this week: It’s hard enough running a car rental firm in a normal environment....
...In this case, it was the high-end timeshare resort membership model pioneered by the likes of Wyndham Vacation Ownership, Marriott Vacation Club and Sheraton Vistana....
...It also sealed the sale of its timeshare vacation business to Interval Leisure Group for $1.5bn, as part of its asset-lite strategy....
...Earlier this year, Starwood announced plans to spin off its timeshare business — vacation properties with shared ownership — into a separate publicly traded company as part of its so-called “asset-light...
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