Daily Archives: August 3, 2017

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Wyndham to Spin Off Time-Share Unit

PARSIPPANY, N.J., Aug. 2, 2017 /PRNewswire/ — Wyndham Worldwide (NYSE: WYN) today announced plans to spin off the company’s hotel business resulting in two separate, publicly traded companies.  Wyndham Hotel Group, with headquarters in Parsippany, NJ, will become a new, publicly traded pure-play hotel company with a portfolio of renowned brands.  Wyndham Vacation Ownership, with headquarters in Orlando, Florida, will be the…

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