Generator Systems Announces Rebrand as Light Enterprises
This month saw a new beginning for Generator Systems who revealed they had been working hard on a rebrand strategy. Now operating as Light Enterprises, the new name came with a fresh new look, website and approach. “We will continue to create interactive sales presentation tools with the focus remaining on the compelling nature of our content.” says Steve Pentland, CEO, who started the company back in 1990. “We want to make more of an impact in the industry and create thought-leadership content which we hope will inspire our audience. It’s about sharing knowledge and starting thought-provoking conversations. This is what...
Wyndham Worldwide announces plan to become two publicly traded hospitality companies
Wyndham Worldwide has announced plans to spin off the company's hotel business resulting in two separate, publicly traded companies. Wyndham Hotel Group will become a new, publicly traded pure-play hotel company with a portfolio of renowned brands. Wyndham Vacation Ownership will be the world's largest publicly traded timeshare company and will be joined with Wyndham Destination Network, home to RCI. The Company will also explore strategic alternatives for its European rental brands. The two public companies intend to enter into long-term exclusive license agreements to retain their affiliation with one of the industry's top rated loyalty programs, Wyndham Rewards, as well...
Vacation Ownership Industry Outlook is Strong According to Latest RCI® Research
The future of the vacation ownership industry looks bright based on findings announced by RCI. RCI released the results of its annual membership profile survey, offering perspective into the purchasing patterns, travel intentions, and key demographics of U.S. owners. RCI also shared findings from another survey which analyzed the perceptions and expectations of vacation ownership among consumers. “Our latest research shows that consumers are happy with the ownership experience, and the flexibility and choice they receive through vacation exchange programs play a big part in that” said Phil Brojan, senior vice president of marketing, RCI. The 2013 RCI® Membership Profile Survey, conducted...