Timeshare Resort Under the Wyndham Banner
|ORLANDO, Fla., March 27, 2007 - Wyndham Vacation Ownership, the world's
largest vacation ownership company and a member of the Wyndham Worldwide
family of companies (NYSE: WYN), today announced it has re-flagged its
premier Bonnet Creek Resort under the Wyndham banner. Bonnet Creek Resort,
which is situated on 70 acres, is currently under expansion and when completed
will include up to 1,596 proposed vacation ownership units -- the most
of any of the company's vacation ownership resort properties. The company
maintains an Orlando headquarters and is supported by more than 2,200 employees
in Central Florida.
Wyndham Bonnet Creek Resort
9560 Via Encinas
Lake Buena Vista, FL 32830
Marking one of the first milestones in the recently announced re-branding initiative, Fairfield Orlando at Bonnet Creek Resort will change to Wyndham Bonnet Creek Resort and all exterior and interior signage, collateral and marketing materials will reflect the Wyndham brand. The property is affiliated with the company's FairShare Plus by Wyndham portfolio of vacation ownership resorts.
"Our world-class Wyndham Bonnet Creek Resort embodies the distinguished, upscale Wyndham brand," said Franz Hanning, Wyndham Vacation Ownership president and chief executive officer. "We're extremely proud to showcase our flagship resort to the community and our timeshare owners who rank Orlando as one of their most popular vacation destinations."
Wyndham Bonnet Creek opened in 2004, boasts more than 25,000 owners and currently has 294 condominium-style units.
Properties in Daytona Beach, Myrtle Beach, Washington D.C. and Missouri are also among the first to be re-flagged under the Wyndham brand. The company's headquarters now also reflect the new brand.
In October 2006, Wyndham Worldwide Corporation announced that it would re-brand its industry-leading timeshare companies -- Fairfield Resorts, Trendwest Resorts and Trendwest South Pacific -- under the Wyndham brand. The re-branding process is anticipated to occur over 12 months.
Collectively, these brands operate under Wyndham Vacation Ownership, one of the three business units that comprise Wyndham Worldwide.
About Wyndham Vacation Ownership
Wyndham Vacation Ownership
|Also See:||Fairfield Resorts Now Has 71 Resorts with Over 500,000 Timeshare Owners / May 2005|
|The Shuttered Grand Beach Palace (Formerly the Renaissance Grand Hotel) on St. Thomas in the U.S. Virgin Islands Acquired by Wyndham Vacation Ownership; Will Under Go $40 million Conversion from Hotel to Timeshare Resort / January 2007|
|Fairfield Resorts, Inc. Developing a 744-unit Timeshare Resort at the Bonnet Creek Resort Development in Orlando / June 2002|