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Wyndham Taps Asia Market With Plan to Offer Timeshares
20 Nov 2014

Wyndham Taps Asia Market With Plan to Offer Timeshares

Wyndham Worldwide Corp. plans to introduce its timeshare business in southeast Asia by the end of this year. The company is in talks to buy properties in Thailand, Indonesia and Malaysia and expects to close on at least one by Christmas, said Barry Robinson, managing director for southeast Asia and the Pacific rim at Wyndham’s vacation resorts and hotel divisions. The company will also open an office in Singapore by year end to headquarter its southeast Asian timeshare and hotels businesses, he said. “There’s a huge opportunity in Asia for the vacation ownership business, which hasn’t really been tapped yet,” Gold Coast,...