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Wyndham Worldwide At The Height Of Timeshare Companies List

February 19, 2012 | Comments: 0 | Views: 268

Timeshare Companies List Wyndham Worldwide

When it comes to the top timeshare companies list, Wyndham Worldwide is likely to be the first name that you come into contact with. In 2009, it was ranked as one of FORTUNE Magazine's Most Admired Companies. Said Chairman Stephen P. Holmes, Chairman and CEO, "Wyndham Worldwide is honored to join such world renowned and global leaders on the Most Admired List. As a company, we look forward to celebrating many more of these accomplishments as we continue to drive success through exceptional customer service and strong operation and financial performance." This seems to be exactly what the company has done. Today, Wyndham Worldwide is still at the top of the timeshare companies list.

More On Wyndham Worldwide

With more than 160 vacation resorts in America, Canada, Mexico, the Caribbean, and the southern Pacific, Wyndham Worldwide is currently the biggest timeshare company in the world. Their total timeshare units amount to more than 800,000, and in the year 2010 alone, their total sales amounted to $1.5 billion. Wyndham offers a different kind of trip for every kind of traveler, with a wide variety of accommodations, price ranges, and locations. And the most surprising factor of all is that the corporation was only founded in 2006.

Proving Speculation On Withdrawal Wrong

In a market where even the top timeshare companies list are reporting losses, Wyndham Worldwide is bucking the trend by reporting growth, even in the face of buying back $200 million in stock. Last year, there was speculation that Wyndham Worldwide might have been following Marriott International's move in removing themselves from their struggling timeshare business. If the beginning of this year has anything to say about the future, however, it looks like the company is going to be just fine.

Avoiding Scam Artist Companies

With the way that the timeshare market continues to struggle, would-be buyers should be prepared for and arm themselves against those who would seek to scam them out of their money. The FBI has actually warned timeshare owners to beware of certain fraud techniques used by scam artists. Companies exist that are robbing the unsuspecting of millions of dollars every year. There are even scams these con artists use on people who already own timeshares. In resale fraud, timeshare companies list your property on a poorly marketed website, but only after they've taken a fee from you of thousands of dollars. Then, when you call to follow up on how your property's doing, the company has disappeared. Whether you're buying or selling, in order to avoid being conned, you must observe the number one rule: never pay a fee up front.

Robyn Parson is the creator of the Buy Timeshare website. She developed the website as a one-stop-shop for people in need of information on Find Timeshare Resale.

Source: EzineArticles
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