Wyndham Worldwide (NYSE: WYN) announced that its two soon-to-be publicly traded companies – Wyndham Destinations and Wyndham Hotels & Resorts – will participate in the upcoming 2018 Goldman Sachs Lodging, Gaming, Restaurant and Leisure Conference as follows:
- Wyndham Destinations – Michael Brown, president and chief executive officer of Wyndham Destinations, and Michael Hug, executive vice president and chief financial officer, will speak at the conference on Monday, June 4, 2018 at 8:20 a.m. ET. Listeners can access a live webcast through the Company’s new website, which will launch later this week, at investor.wyndhamdestinations.com. A replay will be available for 90 days.
- Wyndham Hotels & Resorts – Geoffrey Ballotti, president and chief executive officer of Wyndham Hotels & Resorts, and David Wyshner, executive vice president and chief financial officer, will speak at the conference on Tuesday, June 5, 2018 at 1:25 p.m. ET. Listeners can access a live webcast through the Company’s new website, which will launch later this week, at investor.wyndham.com. A replay will be available for 90 days.
As previously announced, Wyndham Worldwide’s Board of Directors has approved the spin-off of its wholly-owned subsidiary Wyndham Hotels & Resorts, Inc., the world’s largest hotel franchisor with nearly 8,000 affiliated hotels. The distribution is expected to occur after the market close on May 31, 2018 to Wyndham Worldwide stockholders of record as of May 18, 2018. In conjunction with the spin-off, Wyndham Worldwide will be renamed Wyndham Destinations, Inc. and will continue to be the world’s largest vacation ownership and exchange company. Following the spin-off, Wyndham Hotels & Resorts will trade on the New York Stock Exchange under the symbol “WH”, and Wyndham Destinations will continue to trade on the New York Stock Exchange under the new symbol “WYND”. Wyndham Hotels & Resorts is expected to begin “regular-way” trading on June 1, 2018.
ABOUT WYNDHAM WORLDWIDE
Wyndham Worldwide (NYSE: WYN) is one of the largest global hospitality companies, providing travelers with access to a collection of trusted hospitality brands in hotels, vacation ownership, and unique accommodations including vacation exchange and managed vacation rentals. With a collective inventory of over 22,000 places to stay across 110 countries on six continents, Wyndham Worldwide and its more than 35,000 associates welcome people to experience travel the way they want. This is enhanced by Wyndham Rewards®, the Company’s award-winning guest loyalty program across its businesses, which is making it simpler for members to earn more rewards and redeem their points faster. For more information, please visit www.wyndhamworldwide.com.