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Wyndham announces affiliation with Smugglers’ Notch Vermont

first_imgSmugglers’ Notch Resort,Wyndham Vacation Ownership (WVO), the world’s largest vacation ownership company and a member of the Wyndham Worldwide family of companies (NYSE:WYN), has announced it has entered into an exclusive sales and marketing agreement with Smugglers’ Notch Management Company, Ltd. Terms of the agreement were not disclosed.WVO is expected to become the exclusive sales and marketing agent for the sale of vacation ownershipinterests at Smugglers’ Notch Vermont Resort; sales are anticipated to begin in the second quarter of2011. Through this arrangement, it is anticipated that all unsold interests will become part of thecompany’s flexible, club-based CLUBWYNDHAM Access product. Completion of the transaction issubject to customary closing conditions.‘This is another significant step in executing our fee-for-service timeshare sales model while bringing atruly premier destination into our world-class portfolio of resorts,’ said Franz Hanning, president and chiefexecutive officer, Wyndham Vacation Ownership. ‘Smugglers’ Notch has a proud history of providingfamily-friendly vacations, which aligns with our business model of providing memorable vacationexperiences for families. The affiliation with Smugglers’ Notch facilitates our expansion in New Englandand is also a win-win for two great brands.’The property is also expected to operate as a WVO affiliated resort within CLUB WYNDHAM Plus®, thecompany’s points-based internal exchange program that allows owners to vacation at more than 70resorts and enjoy other vacation options and access to special travel opportunities such as cruises andguided tours. It is anticipated that Wyndham’s timeshare owners can begin vacationing at Smugglers’Notch Vermont® Resort in the second quarter of 2011. Residential home purchases and rentals at theResort, as well as property management services, will continue to be managed by Smugglers’ NotchManagement Company, Ltd.‘Wyndham’s selection of Smugglers’ Notch as one of their affiliated properties underscores the benefitsassociated with ownership at Smugglers’, known for our dedication to great customer service andinnovative children’s and family programs,’ said Bill Stritzler, Smugglers’ Notch owner and managingdirector. ‘We believe the relationship between Wyndham Vacation Ownership and Smugglers’ NotchResort will enhance the overall opportunities for both brands.’Consistently mentioned by major newspapers and ski magazines as a top-rated destination for skiing andfamily programs, the Resort is located in the Green Mountains of Vermont and features mountainsidecondominiums ranging from studios to five-bedroom homes, clustered around a Village core. Guests canenjoy a wide variety of year-round recreational programs and facilities including over 1,000 acres of skiingand snowboarding terrain in the winter and eight heated pools and four waterslides in the summer.With this latest project, WVO will continue to capitalize upon the momentum that began in March 2010 when it announced an exclusive sales and marketing fee-for-service agreement for 137 condominium style units at the newly re-branded Wyndham Vacation Resorts Towers on the Grove at North Myrtle Beach, SC. In August, the company announced an exclusive sales and marketing agreement with Reunion Resort for the sale of vacation ownership interests in up to 256 condominium-style units at the rebranded Wyndham Vacation Resorts Reunion at Orlando.ABOUT SMUGGLERS’ NOTCH VERMONT RESORTSmugglers’ Notch Resort is a year-round family vacation destination featuring outdoor and indooractivities. During summertime, the Resort offers eight pools and four waterslides, children’s all-dayprograms, guided hiking, and numerous activities for all ages. Winter fun features skiing andsnowboarding for all abilities on 78 trails and 1,000 acres of terrain on three mountains. New this seasonis a zipline canopy tour provided in partnership with ArborTrek Canopy Adventures. The Resort’sextensive family programs have been recognized by SKI Magazine, the Family Travel Forum, FamilyFunMagazine, and Conde Nast Traveler magazine, among others. The Resort is the only vacation property inVermont to be designated an Environmental Leader. Smugglers’ is located in the Green Mountains about45-minutes northeast of Burlington, Vermont. For more information, visit www.smuggs.com(link is external).ABOUT WYNDHAM VACATION OWNERSHIPWyndham Vacation Ownership, a member of the Wyndham Worldwide (NYSE: WYN) family ofcompanies, is the world’s largest vacation ownership business, as measured by the number of vacationownership resorts, individual vacation ownership units and owners of vacation ownership interests.Wyndham Vacation Ownership develops, markets and sells vacation ownership interests and providesconsumer financing to owners through its three primary consumer brands, Wyndham Vacation Resorts,WorldMark by Wyndham, and Wyndham Vacation Resorts Asia Pacific. As of January 1, 2010,Wyndham Vacation Ownership had developed or acquired over 155 vacation ownership resortsthroughout the United States, Canada, Mexico, the Caribbean and the South Pacific that representapproximately 20,000 individual vacation ownership units and more than 820,000 owners of vacationownership interests. Wyndham Vacation Ownership is headquartered in Orlando, Fla., and is supportedby approximately 12,500 employees globally.Source: ORLANDO, Fla. (January 6, 2011) ‘ Wyndham Vacation Ownershiplast_img read more