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Wyndham Worldwide (WYN)
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WYN » Topics » Business Description

This excerpt taken from the WYN 10-Q filed May 7, 2009.
        Business Description
 
The Company operates in the following business segments:
 
  ·   Lodging—franchises hotels in the upscale, midscale, economy and extended stay segments of the lodging industry and provides property management services to owners of the Company’s luxury, upscale and midscale hotels.
 
  ·   Vacation Exchange and Rentals—provides vacation exchange products and services to owners of intervals of vacation ownership interests (“VOIs”) and markets vacation rental properties primarily on behalf of independent owners.
 
  ·   Vacation Ownership—develops, markets and sells VOIs to individual consumers, provides consumer financing in connection with the sale of VOIs and provides property management services at resorts.
 
This excerpt taken from the WYN 10-K filed Feb 27, 2009.
Business Description
 
The Company operates in the following business segments:
 
  •   Lodging—franchises hotels in the upscale, midscale, economy and extended stay segments of the lodging industry and provides property management services to owners of the Company’s luxury, upscale and midscale hotels.
 
  •   Vacation Exchange and Rentals—provides vacation exchange products and services to owners of intervals of vacation ownership interests (“VOIs”) and markets vacation rental properties primarily on behalf of independent owners.
 
  •   Vacation Ownership—develops, markets and sells VOIs to individual consumers, provides consumer financing in connection with the sale of VOIs and provides property management services at resorts.


F-7

Table of Contents

 
2.   Summary of Significant Accounting Policies
 
This excerpt taken from the WYN 10-K filed Feb 29, 2008.
Business Description
 
The Company operates in the following business segments:
 
  •   Lodging—franchises hotels in the upscale, middle and economy segments of the lodging industry and provides property management services to owners of luxury, upscale and midscale hotels.


F-7

Table of Contents

  •   Vacation Exchange and Rentals—provides vacation exchange products and services to owners of intervals of vacation ownership interests (“VOIs”) and markets vacation rental properties primarily on behalf of independent owners.
 
  •   Vacation Ownership—markets and sells VOIs to individual consumers, provides consumer financing in connection with the sale of VOIs and provides property management services at resorts.
 
2.   Summary of Significant Accounting Policies
 
This excerpt taken from the WYN 10-K filed Mar 7, 2007.
Business Description
 
The Company operates in the following business segments:
 
  •   Lodging—franchises hotels in the upscale, middle and economy segments of the lodging industry and provides property management services to owners of luxury and upscale hotels.


F-7

Table of Contents

 
  •   Vacation Exchange and Rentals—provides vacation exchange products and services to owners of intervals of vacation ownership interests and markets vacation rental properties primarily on behalf of independent owners.
 
  •   Vacation Ownership—markets and sells vacation ownership interests (“VOIs”) to individual consumers, provides consumer financing in connection with the sale of VOIs and provides property management services at resorts.
 
2.   Summary of Significant Accounting Policies
 
This excerpt taken from the WYN 8-K filed Jul 19, 2006.

Business Description

The Company operates in the following business segments:

 

  •   Lodging—franchises hotels in the upscale, middle and economy segments of the lodging industry and provides property management services to owners of upscale branded hotels.

 

  •   Vacation Exchange and Rental—provides vacation exchange products and services to owners of intervals of vacation ownership interests and markets vacation rental properties primarily on behalf of independent owners.

 

  •   Vacation Ownership—markets and sells vacation ownership interests (“VOIs”) to individual consumers, provides consumer financing in connection with the sale of VOIs and provides property management services at resorts.

Throughout the Notes to Combined Financial Statements, we refer to Cendant’s Real Estate Services business as Realogy or the Real Estate Services business and to Cendant’s Travel Distribution Services business as Travelport or the Travel Distribution Services business.

 

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Table of Contents
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

EXCERPTS ON THIS PAGE:

10-Q
May 7, 2009
10-K
Feb 27, 2009
10-K
Feb 29, 2008
10-K
Mar 7, 2007
8-K
Jul 19, 2006

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