PARSIPPANY, NJ--(Marketwire - Dec 12, 2012) - Wyndham Vacation Rentals, the world's largest professionally managed vacation rentals business, today announced the launch of Wyndham Home Exchange(SM). The program allows homeowners of vacation rental properties to trade weeks at their rental property for access to accommodations at more than 4,000 RCI affiliated resorts around the world.
"With Wyndham Home Exchange, we are leveraging our network as part of one of the world's largest hospitality providers to give homeowners an added benefit to renting their homes with Wyndham," said Geoff Ballotti, president and CEO, Wyndham Exchange & Rentals. "By deciding to rent with us, homeowners gain access to thousands of vacation opportunities in nearly 100 countries. It's a very exciting way for owners of vacation homes to see the world by exchanging a week or more of their rental home for vacations at more resorts than anyone else has on offer for exchange."
The new program, administered by RCI, the world's largest vacation exchange company, gives Wyndham Vacation Rentals® homeowners access to additional vacation options by allowing them to deposit weeks of their choosing at their rental property to RCI. The week is then converted to points that homeowners can use to exchange for a stay in another available accommodation within the exchange network. Homeowners will be able to deposit up to five weeks per year, which also expands the vacation options available to RCI subscribing members.
"We've piloted the program in Europe with great success. Hundreds of owners have found themselves on vacations they've always dreamed of and come home with rave reviews. And for our RCI exchange network, the rental properties that are deposited into our system are in great demand by the millions of RCI members who are always on the look-out for new and unique products, locations and vacation destinations. It's a win-win for both our vacation rental owners and RCI members," added Ballotti.
Many of Wyndham Vacation Rentals' properties in North America are currently eligible for the Wyndham Home Exchange program, with properties from English Country Cottages, cottages4you, Hoseasons, The Resort Company® by Wyndham Vacation Rentals and Novasol® expected to join the program in the coming months.
For more information, visit www.WyndhamVacationRentals.com.
About Wyndham Vacation Rentals
Wyndham Vacation Rentals, the world's largest professionally managed vacation rentals business, is part of Wyndham Exchange & Rentals and the Wyndham Worldwide family of brands (