Back to top

Analyst Blog

In a bid to expand its global coverage, Wyndham Worldwide Corp’s (WYN - Analyst Report) leading vacation exchange network, RCI, recently declared the inclusion of 35 affiliated resorts to its portfolio during the first quarter of 2013. These properties are located in various popular tourist destinations across the world.

Some of the resorts worth a mention here are Tides Boutique Spa Resort in Samui, Thailand, Dom Pedro Laguna Beach Villas & Golf Resort, Brazil and Royal Sun Resort in Tenerife. All these properties feature restaurants, swimming pool, spa and fitness center and are located by the sea, which make them the perfect choice for leisure travelers.

RCI, a unit of Wyndham’s Vacation Exchange and Rentals segment, markets vacation rental properties primarily on behalf of independent owners. RCI offered its clients the privilege to access more than 4,000 vacation properties and resorts located in about 100 countries. During 2012, Wyndham added 120 properties to its vacation exchange network.

This Zacks Rank #3 (Hold) company is a star performer in the vacation exchange and rental business. We believe this fee-for-service model reduces the company’s capital requirements, resulting in higher free cash flow, which in turn will be beneficial for the company.

Revenues from the Vacation Exchange and Rentals segment increased 3.6% year over year to $374.0 million, gaining from the introduction of several new initiatives, such as online tour generation, timeshare, online listing center and technology upgrades.

Apart from Wyndham, several other hoteliers such as Marriott Vacations Worldwide Corp. (VAC - Snapshot Report), Starwood Hotels & Resorts Worldwide Inc. (HOT - Analyst Report) and Hyatt Hotels Corporation (H - Snapshot Report) are also focusing on expanding their vacation exchange and timeshare business in an attempt to go global.

Please login to or register to post a comment.

New to Zacks?

Start Here

Zacks Investment Research


Are you a new Zacks Member or a visitor to

Top Zacks Features

My Portfolio Tracker

Is it Time to Sell?

One of the most important steps you can take today is to set up your portfolio tracker on Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
ERBA DIAGNO… ERB 3.80 +7.04%
BANCO DO BR… BDORY 14.74 +5.66%
AIR INDUSTR… AIRI 9.99 +4.15%
EQT MIDSTRE… EQM 98.14 +3.38%
WEATHERFORD… WFT 23.64 +3.10%