Why Wyndham isn't necessarily much of a hotel business

Photo Credit: Wyndham is known for its hotels, such as the Ramada Plaza Hotel Anaheim, but the bulk of the company's business is in vacation ownership, exchange and rentals. Wyndham
Skift Take
While some hotel companies are worried about disruptive vacation rentals, Wyndham did $125 million in the sector in the fourth quarter. While vacation rental revenue was flat and rates were down, Wyndham has a big hedge against that disruption.