When did Vacasa buy Wyndham?
When did Vacasa buy Wyndham? The relationship between the two companies has gone from strength to strength since Vacasa acquired Wyndham Vacation Rentals from Wyndham Destinations for $162 million in October 2019.
Who bought Wyndham Vacation Resorts?
Vacasa to Acquire Wyndham Vacation Rentals for $162 Million.
Did Vacasa buy Wyndham?
Vacasa financed the acquisition of Wyndham Vacation Rentals through a combination of cash and equity. Wyndham Destinations received proceeds at closing of $156 million in cash and $10 million in Vacasa equity. The purchase agreement contains customary post-closing adjustments.
Why is Wyndham changing its name?
The Travel + Leisure acquisition will result in Wyndham Destinations becoming the Travel + Leisure Co. The name change is a further signal the company wants to tap into new market segments that may not have been possible under its current brand.
Why did Wyndham split?
The split will enable the companies to maintain a sharper focus on its core business and growth opportunities and ease capital raising, Wyndham said. Wyndham shareholders will be given shares in the newly created hotel company through a pro rata distribution.
Who is Wyndham partner with?
Please see below chart for information on earning with our other travel partners. Earning per stay at all participating AmericInn, Baymont, Days Inn, Dazzler, Esplendor, Howard Johnson, La Quinta, Microtel, Ramada, Super 8, Trademark, Travelodge and Wingate by Wyndham hotels.