Wyndham Timeshares
If you are an owner or planning to buy into the Wyndham family of timeshares you can rest assured you are with a stable company. Wyndham Worldwide just reported a significant 10 month high of its stock price. Besides some reductions in expenses, the fact that they also own Ramada and Super 8, where economy travelers go in tight times like this, contributed to their good report. Steve Holmes, their chief executive, also reported that a change which streamlined the timeshare exchange process contributed to a savings of a "couple of million dollars" during this first half of 2009. Wyndham is the world's largest timeshare operator.
I think this is a good sign for the timeshare industry overall.
__________________ Camama |