The Online Investor
Daily M&A
Contrarian Outlook
Stock Option Ideas
Preferred Stock Newsletter
ChartZero.com
Hotels, Lodging, Restaurants & Travel M&A image Hotels, Lodging, Restaurants & Travel M&A » By The Online Investor Staff, updated Thu., Mar. 28, 6:48 PM Recent mergers and acquisitions in the Hotels, Lodging, Restaurants & Travel M&A category.

Slide #57. Wyndham Worldwide Shell Vacations LLC

Acquirer: Wyndham Worldwide (WYN)
Acquiree: Shell Vacations LLC
Details: Wyndham Worldwide announced that its subsidiary, Wyndham Vacation Ownership (WVO), has acquired privately held Shell Vacations LLC (Shell) and its subsidiaries. Shell is one of the largest independent vacation ownership club and property management groups, serving approximately 115,000 members and 19 managed resorts in North America. The purchase price for the equity of Shell is approximately $102 million in cash. The acquisition also includes $153 million of debt, which is primarily related to consumer loan receivables.

Wyndham Worldwide is a hospitality company. Co. has three segments: hotel group, which franchises in the upscale, upper midscale, midscale, economy and extended stay segments with a concentration in economy brands, and provides property management services; destination network, which provides vacation accommodations; and vacation ownership, which develops and markets Vacation Ownership Interests (VOIs) to individual consumers, provides consumer financing in connection with the sale of VOIs and provides property management services at resorts. Co.'s brands include Wyndham Hotels and Resorts, Days Inn, Super 8, Howard Johnson, Wingate by Wyndham, and Dolce Hotels and Resorts, among others.

Open the WYN Page at The Online Investor »

Company Name:  Wyndham Worldwide Corp
Website:  www.wyndhamworldwide.com
Sector:  Hotels, Lodging, Restaurants & Travel
 

Open the WYN Page at The Online Investor (in a new window) »

March 28, 2024    6:48 PM Eastern
Quotes delayed 20 minutes

Email EnvelopeFree WYN Email Alerts:
Get SEC Filing Alerts
Get Dividend Alerts

Buy (2.80 out of 4)
55th percentile
(ranked higher than approx. 55% of all stocks covered)
Based on Zacks ABR data;
powered by Xignite

Hotels, Lodging, Restaurants & Travel M&A - Slide 57 of 60 | www.TheOnlineInvestor.com | Copyright © 1998 - 2024, All Rights Reserved

Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes, powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.