Wyndham Worldwide Corporation (WYN): Lodging Industry Set to Reap Huge Profits
Wyndham Worldwide Corporation (NYSE:WYN) is perhaps the most profitable firm in the timeshare business because it has made the market a key component of its strategy. As a result, the company earns higher margins than most other companies in the timeshare business.
Wyndham Worldwide Corporation (NYSE:WYN)’s real strength is its attention to shareholder return. The company has repurchased a significant number of shares over the last few years and management recently increased the dividend. Shareholder-friendly management is one of the key reasons why Wyndham Worldwide Corporation (NYSE:WYN) could be a good investment over the next decade.
On June 12, 2013 Wyndham Worldwide Corporation’s (Wyndham, Wyndham Hotel Group) announced the rebranding of the former Hotel 71 in downtown Chicago. the 334-room Wyndham Grand Chicago Riverfront. ”Wyndham Grand Chicago Riverfront is a new Premiere Property.
Wyndham Worldwide Corporation continues to be competitive against other Timeshare Developers such as Marriott Vacation Club International, Sheraton, Starwood Resorts, Bluegreen Resorts and Diamond Resorts International.
There are plans to expand in many locations that are not currently tapped into such as downtown Chicago.