The move will allow WHR to focus exclusively on the group’s hotel arm. WWC, meanwhile, has been rebranded Wyndham Destinations Inc.
WHR claims to be the world’s largest hotel franchisor with nearly 9,000 franchised hotels in 80 countries across 20 brands.
Geoff Ballotti, WHR chief executive, said: “We’re thrilled to begin a new era in which we will continue to build upon our powerful asset-light and fee-based business model driven by an exceptional portfolio of market-leading economy and mid-scale brands.
”As the world’s largest hotel franchisor with a proven ability to create value through acquisitions and organic growth, we will focus on strengthening our industry-leading loyalty and technology platforms to drive more direct distribution to our owners and franchisees at a lower cost, while serving everyday travellers exceptionally well."
