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 Corporation (Formerly Wyndham Worldwide).[1] The original development partner of the club was Trendwest International (TWI), a subsidiary of Jeld-Wen, a door and window manufacturer.[2]
WorldMark by Wyndham logo
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.[2] 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.
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.
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.
^ abcThe History of WorldMark | WMOwners.com History and Background
Further reading
Plunkett, J.W. (2008). Plunkett's Real Estate & Construction Industry Almanac 2008. Plunkett's Real Estate & Construction Industry Almanac. Plunkett Research Limited. p. pt534. ISBN978-1-59392-112-5.
"Golden Beach resort joins Ramada family". Sunshine Coast Daily. December 3, 2015. Retrieved April 26, 2016.
"Trendwest Resorts ordered to pay penalties". Herald and News. February 12, 2016. Retrieved April 26, 2016.
"Cendant buys Trendwest Resorts". UPI. April 1, 2002. Retrieved April 26, 2016.
Adams, Steve (March 21, 2016). "Wyndham resort staff help victims of Cyclone Winston". RCI Ventures. Retrieved April 26, 2016.
External links
WorldMark by Wyndham
August 21, 2023
worldmark, wyndham, formerly, trendwest, developer, marketer, worldmark, club, vacation, ownership, program, worldmark, wyndham, part, travel, leisure, corporation, formerly, wyndham, worldwide, original, development, partner, club, trendwest, international, s. 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 Corporation Formerly Wyndham Worldwide 1 The original development partner of the club was Trendwest International TWI a subsidiary of Jeld Wen a door and window manufacturer 2 WorldMark by Wyndham logoWorldmark 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 2 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 Contents 1 Timeline 2 See also 3 References 4 Further reading 5 External linksTimeline EditWorldMark Timeline 2 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 acquires Jeld Wen 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 EditWyndham Vacation Resorts another timeshare company that is a division of Wyndham Worldwide Resort Condominiums International another timeshare company that is a division of Wyndham Worldwide References Edit WorldMark by Wyndham FAQs a b c The History of WorldMark WMOwners com History and BackgroundFurther reading EditPlunkett J W 2008 Plunkett s Real Estate amp Construction Industry Almanac 2008 Plunkett s Real Estate amp Construction Industry Almanac Plunkett Research Limited p pt534 ISBN 978 1 59392 112 5 Golden Beach resort joins Ramada family Sunshine Coast Daily December 3 2015 Retrieved April 26 2016 Trendwest Resorts ordered to pay penalties Herald and News February 12 2016 Retrieved April 26 2016 Cendant buys Trendwest Resorts UPI April 1 2002 Retrieved April 26 2016 Adams Steve March 21 2016 Wyndham resort staff help victims of Cyclone Winston RCI Ventures Retrieved April 26 2016 External links EditWorldMark by Wyndham Retrieved from https en wikipedia org w index php title WorldMark by Wyndham amp oldid 1166907636, wikipedia, wiki, book, books, library,
