Wyndham Destination Network has positioned itself as one of the largest property management company in vacation rentals, and is now using its size to optimize performance by rolling out company-wide yield management and cross-selling abilities.
— Dave Montali
Recently, the latest on Wyndham was reported in Skift Research Reports service, The State of the Global Vacation Rental Market 2017.
The research report dived into the vacation rental industry and explored what role technology has played in its growth. Larger companies have been able to leverage technology alongside mergers and acquisitions to build giant companies, compared to the traditional size of vacation rental companies.
With 112,000 properties in their inventory, Wyndham is by far one of the largest property management companies in the industry, working with 64,000 homeowners directly. Wyndham Destination Network, the vacation rental and vacation exchange segment of the company, represents roughly a third of the overall company’s revenues.
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