WYNDHAM WORLDWIDE CORPORATION

ental bookings a year. We market vacation rental properties under proprietary brand names, such as Landal
GreenParks, Hoseasons, Villas4You, cottages4you, English Country Cottages, James Villa Holidays, Novasol,
Dansommer, Cuendet, Canvas Holidays, ResortQuest and Endless Vacation Rentals and through select private-label
arrangements. The following is a description of some of our major vacation rental brands:
k Novasol » is one of continental Europe’s largest rental companies, featuring properties in more than 20
European countries including holiday homes in Denmark, Norway, Sweden, France, Italy and Croatia, with
over 29,000 exclusive holiday homes available for rent through established brands such as Novasol,
Dansommer and Cuendet.
k The Hoseasons Group operates a number of well-recognized and established brands within the vacation
rental market, including Hoseasons, English Country Cottages, cottages4you, Welcome Cottages and James
Villa Holidays, and offers unparalleled access to over 44,000 properties across the U.K. and Europe.
k Landal GreenParks » is one of Holland’s leading holiday park companies, with over 70 holiday parks
offering approximately 11,000 holiday park bungalows, villas and apartments in the Netherlands, Germany,
Belgium, Austria, Switzerland and the Czech Republic. Every year more than 2 million guests visit
Landal’s parks, many of which offer dining, shopping and wellness facilities.
k Canvas Holidays is a specialist tour operator offering luxury camping holidays in Europe at over 90 of the
finest European campsites with almost 3,000 accommodation units. It has a wide choice of luxury
accommodations — spacious lodges, comfortable mobile homes and the unique Maxi Tent, plus an exciting
range of children’s and family clubs.
k ResortQuest is a leading provider of full-service, wholly-owned vacation condominiums and home rentals
in the U.S. With more than 20 years of experience in the industry, ResortQuest represents a portfolio of
approximately 6,000 vacation rental properties in premier beach, ski, golf and tennis resort destinations
across North America — from ski-in/ski-out townhomes in Breckenridge, Colorado and Sundance Film
Festival lodging in Park City, Utah, to golf course villas on Hilton Head Island in South Carolina and
Gulf-front condos along Florida’s Emerald Coast.
Most of the rental activity under our brands takes place in Europe and the U.S., although we have the ability to
source and rent inventory in approximately 100 countries. Our vacation rentals business also has the opportunity to
provide inventory to our 3.8 million vacation exchange members.
Our vacation rentals business currently has relationships with over 51,000 independent property owners in 32
countries, including the Netherlands, United Kingdom, Germany, Denmark, Sweden, France, Ireland, Belgium, Italy,
Spain, Portugal, Norway, Greece, Austria, Croatia, certain countries in Eastern Europe, the U.S., the Pacific Rim and
Latin America. Property owners typically enter into one year or multi-year contracts with our vacation rentals
subsidiaries to market the rental of their properties within our rental portfolio. Our vacation rentals business also has
an ownership interest in, or capital leases under, approximately 10% of the properties in our Landal GreenParks
rental portfolio.
Customer Development
In our vacation exchange business, we affiliate with vacation ownership developers directly as a result of the
efforts of our in-house sales teams. Affiliated developers sign long-term agreements each with a duration of up to
12 years. Our members are acquired primarily through our affiliated developers as part of the vacation ownership
purchase process. In our vacation rentals business, we primarily enter into exclusive annual rental agreements with
property owners. We market rental properties online and offline to large databases of customers which generate
repeat bookings. Additional customers are sourced through bookable websites and offline advertising and promotions,
and through the use of third-party travel agencies, tour operators, and online distribution channels to drive
additional occupancy. We have a number of specific branded websites, such as http://www.cottages4you.co.uk and
http://www.resortquest.com as well as a new global portal highlighting all of our vacation rental brands across
product type and geography, http://www.wyndhamvacationrentals.com, to promote, sell and inform new customers
about vacation rentals. Given the diversified nature of our rental brands, there is limited dependence on a single
customer group or business partner.
Loyalty Program
Our U.S. vacation exchange business’ member loyalty program is RCI Elite Rewards», which offers a branded
credit card, the RCI Elite Rewards credit card. The card allows members to earn reward points that can be redeemed
for items related to our exchange programs, including annual membership dues and exchange fees for transactions,
and other services and products offered by our vacation exchange business or certain third parties, including airlines
and retailers.
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