PARSIPPANY, N.J. (October 20, 2010) — Wyndham Exchange & Rentals, part of Wyndham Worldwide (NYSE:WYN), welcomed ResortQuest to its family of brands following the previously announced acquisition, which was completed on September 30, 2010.
ResortQuest, a leading provider of full-service vacation rentals in the U.S. with a diverse collection of nearly 6,000 high-quality U.S. vacation rental properties, joins Wyndham Exchange & Rentals to form the largest full-service vacation rentals business in the world with a diverse portfolio of more than 85,000 vacation properties in over 100 countries.
"We couldn't be more excited to combine the talents, leadership and outstanding vacation rental services of both teams to deliver a superior product to our customers," said Geoff Ballotti, president and CEO, Wyndham Exchange & Rentals, who visited ResortQuest's Destin, Fla., headquarters October 19-20th to celebrate with employees. "Together with ResortQuest, we now offer the greatest and best selection of vacation rentals as well as the opportunity for second homeowners to rent their properties through a trusted, well-known brand."
Added Park Brady, CEO, ResortQuest: "This marks the beginning of a mutually rewarding relationship between two great businesses that will benefit consumers, homeowners and employees alike. Building off of ResortQuest's presence in North America and Wyndham's strong market leadership position in Europe, we're excited to work together as one team to deliver a customer service experience that is unmatched by any other global organization in the vacation rental industry."
|Geoff Ballotti, president and CEO, Wyndham Exchange & Rentals, visits the|
ResortQuest headquarters in Destin, Fla., to celebrate with employees.
About Wyndham Exchange & Rentals
Wyndham Exchange & Rentals, part of the Wyndham Worldwide family of companies (NYSE: WYN), is the worldwide leader in vacation exchange and the European leader in vacation rentals, with access for specified periods to more than 80,000 vacation properties in approximately 100 countries. The vacation exchange business includes RCI, the worldwide leader in vacation exchange and provider of travel services to businesses and consumers, and The Registry Collection® program, the world's largest luxury exchange program. The vacation rentals business includes Hoseasons, cottages4you, Novasol®, Cuendet®, Landal GreenParks®, Endless Vacation Rentals®, and other renowned vacation rental brands through which vacationers can rent a variety of property types, from city apartments to villas. Wyndham Worldwide Corporation is one of the world's largest hospitality companies with leading brands in lodging franchising, vacation ownership, vacation rentals and vacation exchange. For additional information visit our media center.
Headquartered in Fort Walton Beach, Fla., ResortQuest is a leading provider of full-service vacation condominiums and home rentals in the U.S., with a portfolio of approximately 6,000 U.S. vacation rental properties.
Wyndham Exchange & Rentals