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WorldMark by Wyndham (formerly Trendwest) is the developer and marketer of ''WorldMark, The Club'', a vacation ownership program. Worldmark by Wyndham is part of the WorldMark by Wyndham: FAQs
/ref> The original development partner of ''the club'' was Trendwest International (TWI), a subsidiary of
/ref> Worldmark by Wyndham (WbW), which does not own ''WorldMark, the club'' (WMtC or "the Club"), has a dual role for the club. First, WbW develops new properties for the club and sells vacation credits for these properties at a profit. Additionally, WbW manages existing WMtC resort properties, the funds for which come from annual maintenance dues commensurate with the number of vacation credits each WMtC owner's account contains. WorldMark by Wyndham operates nearly 100 vacation club properties across the United States, Canada, and Mexico.
WorldMark by Wyndham
{{Timeshare chains Wyndham brands Timeshare chains
WorldMark by Wyndham (formerly Trendwest) is the developer and marketer of ''WorldMark, The Club'', a vacation ownership program. Worldmark by Wyndham is part of the Travel + Leisure Co.
Travel is the movement of people between distant geographical Location (geography), locations. Travel can be done by Pedestrian, foot, bicycle, automobile, train, boat, bus, airplane, ship or other means, with or without Baggage, luggage, a ...
family of travel brands (Formerly Wyndham Worldwide and Wyndham Destinations)./ref> The original development partner of ''the club'' was Trendwest International (TWI), a subsidiary of
Jeld-Wen
JELD-WEN is an American company with its headquarters in Charlotte, North Carolina. The company operates more than 120 manufacturing facilities in 19 countries. JELD-WEN designs, produces and distributes interior and exterior doors, wood, vinyl ...
, a door and window manufacturer.The History of WorldMark , WMOwners.com History and Background/ref> Worldmark by Wyndham (WbW), which does not own ''WorldMark, the club'' (WMtC or "the Club"), has a dual role for the club. First, WbW develops new properties for the club and sells vacation credits for these properties at a profit. Additionally, WbW manages existing WMtC resort properties, the funds for which come from annual maintenance dues commensurate with the number of vacation credits each WMtC owner's account contains. WorldMark by Wyndham operates nearly 100 vacation club properties across the United States, Canada, and Mexico.
Timeline
WorldMark Timeline * 1989: The club, then known as Club Esprit, is founded by Bill Peare, with TWI as developer. * 1991: The Club Esprit name is dropped due to a trademark conflict with a similarly named manufacturer of clothing. * 1993: Club Esprit officially renamed WorldMark, The club. * 1998: Trendwest is spun off from Jeld-Wen, and Trendwest filed to become a closely held company recognized by the NYSE. At this time Jeld-Wen owned 80% of TrendWest, with the remaining being owned by TrendWest Management. * May 2002: Cendant Corp. acquiresJeld-Wen
JELD-WEN is an American company with its headquarters in Charlotte, North Carolina. The company operates more than 120 manufacturing facilities in 19 countries. JELD-WEN designs, produces and distributes interior and exterior doors, wood, vinyl ...
’s interest in Trendwest.
* July 2002: By this time all shares in Trendwest had been tendered, and Trendwest became a wholly owned subsidiary of Cendant Corp, and part of the Wyndham Worldwide brand.
* April 2006: Cendant Corp spins off Wyndham Worldwide as a separate entity.
* April 2007: Wyndham Worldwide renames Trendwest (TWI) as WorldMark by Wyndham.
See also
* Wyndham Vacation Resorts, a division ofTravel + Leisure Co
Travel is the movement of people between distant geographical locations. Travel can be done by foot, bicycle, automobile, train, boat, bus, airplane, ship or other means, with or without luggage, and can be one way or round trip. Travel can ...
.
* RCI, another timeshare company that is a division of Travel + Leisure Co.
Travel is the movement of people between distant geographical Location (geography), locations. Travel can be done by Pedestrian, foot, bicycle, automobile, train, boat, bus, airplane, ship or other means, with or without Baggage, luggage, a ...
References
Further reading
* * * * *External links
WorldMark by Wyndham
{{Timeshare chains Wyndham brands Timeshare chains