Wyndham Worldwide Corp, franchiser of Ramada, Super 8, and timeshare resorts, posted better than expected earnings estimates, boosting it’s stock to a 10 month high. Doubling in price this year, Wyndham has enjoyed a recent run up in their price. Travel patterns have shown vacationers staying a little closer to home and business travel has shown a decline for everyone – including others like Marriott and Starwood Resorts. Marriott and Starwood have experienced a rise in their stock price, but not to the extent of Wyndham.
Wyndham timeshare resorts, a big part of Wyndham Worldwide, account for a large holding of timeshare resorts: Over 100 timeshare resorts scattered from coast to coast, Hawaii, and Mexico. Having said all that, if you own a Wyndham timeshare, you can find some confidence that the parent company is doing well. Even if not, as in the case of Consolidated Resorts, day to day operations should not be negatively impacted by financial distress. As always, it is good to stay in touch with the Property Owners Association, or whatever they may call it for your timeshare resort. I talk to timeshare owners every day who have no idea what is going on with their resort. Stay informed and follow what’s happening.