Businessweek

ansommer, Cuendet, and Canvas Holidays, as well as ResortQuest by Wyndham Vacation Rentals, Steamboat Resorts by Wyndham Vacation Rentals and The Resort Company by Wyndham Vacation Rentals. Additionally, the company markets vacation rental properties through select private-label arrangements. Its vacation rentals business has over 95,000 properties with approximately 88,000 properties in Europe and approximately 7,000 properties in the U.S. The Hoseasons Group operates various brands with in the vacation rental market, including Hoseasons, cottages4you and James Villa Holidays, and offers unparalleled access to approximately 44,000 properties across the U.K. and Europe. Novasol is a rental company in Europe featuring properties in approximately 20 European countries, including holiday homes in Denmark, Norway, Sweden, France, Italy, and Croatia, with approximately 30,000 holiday homes available for rent through brands, such as Novasol, Dansommer, and Cuendet. Landal GreenParks is a holiday park company in Holland with approximately 70 holiday parks offering approximately 11,000 holiday park bungalows, villas and apartments in the Netherlands, Germany, Belgium, Austria, Switzerland, and the Czech Republic. Canvas Holidays is a specialist tour operator offering luxury camping holidays in Europe at 90 of the finest European campsites with approximately 2,500 accommodation units. It has a choice of luxury accommodations — spacious lodges, comfortable mobile homes and the Maxi Tent, plus an exciting range of children’s and family clubs. ResortQuest by Wyndham Vacation Rentals provides full-service, wholly-owned vacation condominiums and home rentals in the U.S. ResortQuest represents a portfolio of approximately 6,000 vacation rental properties, marketed through brands, in resort destinations across the United States, such as Colorado, Utah, South Carolina, Florida, and Delaware. The Resort Company operates under The Resort Company by Wyndham Vacation Rentals and Steamboat Resorts by Wyndham Vacation Rentals brands and provides full-service management through hotel-type services to owners and guests. Their portfolio of approximately 1,000 vacation properties is concentrated in the Colorado Rocky Mountains in world class resorts. The majority of the rental activity under its brands takes place in Europe and the U.S. The company’s vacation rentals business also has the opportunity to provide inventory to its approximately 3.7 million vacation exchange members and its exchange and rentals business has the ability to source and rent inventory in approximately 100 countries. Wyndham Vacation Rentals offers travelers vacation experiences. The company’s vacation rentals business has relationships with approximately 55,000 independent property owners in 32 countries, including the Netherlands, the United Kingdom, Germany, Denmark, Sweden, France, Ireland, Belgium, Italy, Spain, Portugal, Norway, Greece, Austria, Croatia, certain countries in eastern Europe, and the U.S. Property owners typically enter into annual contracts with its vacation rentals subsidiaries to market the rental of their properties with in its rental portfolio. The company’s vacation rentals business also has an ownership interest in, or capital leases under its Landal GreenParks brand. Vacation Ownership The company’s Vacation Ownership business, Wyndham Vacation Ownership, includes marketing and sales of vacation ownership interests, consumer financing in connection with the purchase by individuals of vacation ownership interests, property management services to property owners’ associations and development and acquisition of vacation ownership resorts. As of December 31, 2011, the company developed or acquired approximately 160 vacation ownership resorts in the U.S., Canada, Mexico, the Caribbean, and the South Pacific that represent approximately 20,800 individual vacation ownership units and approximately 813,000 owners of vacation ownership interests. The company operates its vacation ownership business through its two primary brands, Wyndham Vacation Resorts and WorldMark by Wyndham. During 2011, Wyndham Vacation Ownership ex