Back to top

Analyst Blog

Wyndham Vacation Rentals, one of the brands of  Wyndham Worldwide Corporation (WYN - Analyst Report) recently completed the renovation of The Borders Lodge in Beaver Creek, CO. The cost of renovation was $1.6 million.

The renovation work began in 2013 and included significant interior and exterior upgrades to enhance the overall guest experience. The lodge was re-opened recently for the ski-season.

Located 40 feet from the Elkhorn lift and near the Beaver Creek Village, this lodge offers a wide range of amenities and services including, a spa, fitness center, meeting room and access to Beaver Creek Resort's complimentary shuttle service. This strategically positioned and renovated mountain lodge is likely to generate significant business.

It is difficult to survive in this competitive industry without renovating properties. Renovation brings in novelty, thereby increasing traffic. Recently, the company completed the renovation of three buildings of its Lion Square Lodge at the Gondola in Vail, Colo. The cost of renovation was $53.0 million. The renovation work of the three buildings, the Lodge's East Building, South Building and the North Building began in 2008 and included significant interior and exterior upgrades.

Other companies in the hotels and motels industry like Hyatt Hotels Corp. (H - Snapshot Report), Starwood Hotels & Resorts Worldwide Inc. (HOT - Analyst Report) and Marriott International, Inc. (MAR - Analyst Report) are also investing in renovating their properties.

Wyndham that currently has Zacks Rank #3 (Hold) posted mixed fourth quarter 2013 results on Feb 7, 2014 with adjusted earnings of 73 cents per share missing the Zacks Consensus Estimate of 74 cents by a penny which we believe was due to higher expenses. However, quarterly earnings were up 15.9% year over year. Net revenue grew 9.2% year over year and beat the consensus mark by 1.7%.

Please login to Zacks.com or register to post a comment.

New to Zacks?

Start Here

Zacks Investment Research

Close

Are you a new Zacks Member or a visitor to Zacks.com?

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 Zacks.com. 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
RPC INC RES 24.91 +8.35%
LITHIA MOTO… LAD 94.59 +4.60%
DELTA AIR L… DAL 39.15 +3.90%
FLAMEL TECH… FLML 14.51 +3.50%
SOUTHWEST A… LUV 28.87 +2.92%