Wyndham Bonnet Creek Resort Now Boasts 1,150 Units As Wyndham Vacation Ownership Unveils Newly Developed 19-Story Tower
August 6, 2010– Latest Expansion Adds 300 Units to Company’s Flagship Resort Property –
Wyndham Vacation Ownership, a member of the Wyndham Worldwide (NYSE: WYN) family of companies, today announced it has welcomed its first CLUB WYNDHAM® Plus owners to the long-anticipated, 19-story tower at Wyndham Bonnet Creek Resort in Orlando, Fla. This latest expansion adds 300 units to the world-class property, which is situated immediately adjacent to the Walt Disney World Resort. The property now boasts approximately 1,150 units sprawled across 58 acres.
“When we broke ground on this project in 2002 we knew we were taking a calculated risk since Orlando was one of the most heavily saturated timeshare markets in the country,” said Franz Hanning, president and chief executive officer, Wyndham Vacation Ownership. “The fact that we continued to expand this site in spite of the current marketplace is a testament to the popularity of both the resort and our points product. We originally intended to build 744 units, but we had to keep on building because we kept on selling.”
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