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This excerpt taken from the WYN 10-K filed Feb 27, 2009. Customer
Development
In our vacation exchange business, we affiliate with vacation
ownership developers directly as a result of the efforts of our
in-house sales teams. Affiliated developers typically sign
long-term agreements each with a duration of up to ten years.
Our members are acquired primarily through our affiliated
developers as part of the vacation ownership purchase process.
In our vacation rentals business, we enter into exclusive rental
agreements with property owners and primarily market properties
online and offline to large databases of customers, which
generate repeat bookings. Additional customers are sourced
through bookable websites and offline advertising and
promotions, and through the use of third party travel agencies,
tour operators, and online distribution channels to drive
additional occupancy. We have also developed specific branded
websites, such as EVrentals.com and cottages4you.co.uk, to
promote, sell and inform new customers about vacation rentals.
Given the diversified nature of our rental brands, there is
limited dependence on a single customer group or business
partner.
This excerpt taken from the WYN 10-K filed Feb 29, 2008. Customer
Development
In our vacation exchange business, we affiliate with vacation
ownership developers directly as a result of the efforts of our
in-house sales teams. Affiliated developers typically sign
long-term agreements with durations of five to ten years. Our
members are acquired primarily through our affiliated developers
as part of the vacation ownership purchase process. In our
vacation rentals business, we primarily acquire exclusive rental
agreements through direct interaction with owners of various
types of vacation rental inventory. We have also developed
specific branded websites such as EVrental.com to promote, sell
and inform new customers about vacation rentals. Given the
diversified nature of our rental brands, there is limited
dependence on a single customer group or business partner.
This excerpt taken from the WYN 10-K filed Mar 7, 2007. Customer
Development
In our vacation exchange business we affiliate with vacation
ownership developers directly as a result of the efforts of our
in-house sales teams. Affiliated developers typically sign
long-term agreements with durations of five to ten years. Our
members are acquired primarily through our affiliated developers
as part of the vacation ownership purchase process. In our
vacation rentals business, we primarily acquire exclusive rental
agreements through direct interaction with owners of various
types of vacation rental inventory.
This excerpt taken from the WYN 8-K filed Jul 19, 2006. Customer Development In our vacation exchange business we affiliate with vacation ownership developers directly as a result of the efforts of our in-house sales teams. Affiliated developers typically sign long-term agreements with durations of five to ten years. Our members are acquired primarily through our affiliated developers as part of the vacation ownership purchase process. In our vacation rental business, we primarily acquire exclusive rental agreements through direct interaction with owners of various types of vacation rental inventory. | EXCERPTS ON THIS PAGE:
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