March 17, 2008 // Franchising.com // PARSIPPANY, New Jersey —Wyndham Worldwide (NYSE:WYN) has been listed as one of FORTUNE Magazine's Most Admired Companies for 2008.
Ranked second in the hotels, casinos and resorts category, Wyndham joins only 13 other New Jersey-based companies who were also named to the list, including Johnson & Johnson, Prudential Financial, Merck, Chubb and Honeywell International. "To be recognized as one of these highly reputable companies is a great honor for Wyndham Worldwide" said Stephen P. Holmes, President and Chief Executive Officer. "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 operational and financial performance."
To produce the listings, 15,000 top executives, directors and analysts were asked to rate all FORTUNE 1,000 companies in their own industry on eight criteria. A company's score must rank in the top half of its industry survey to appear in the listing and only the best are listed as a Most Admired Company. The full list of companies will appear in the March 17 edition of FORTUNE.
As one of the world 's largest hospitality companies, Wyndham Worldwide offers individual consumers and business-to-business customers a broad suite of hospitality products and services across various accommodation alternatives and price ranges through its premier portfolio of world-renowned brands. Wyndham Hotel Group encompasses almost 6,540 franchised hotels and almost 550,600 hotel rooms worldwide. Group RCI offers its more than 3.5 million members access to over 60,000 vacation properties located in approximately 100 countries. Wyndham Vacation Ownership develops, markets and sells vacation ownership interests and provides consumer financing to owners through its network of approximately 140 vacation ownership resorts serving over 800,000 owners throughout North America, the Caribbean and the South Pacific. Wyndham Worldwide, headquartered in Parsippany, N.J., employs more than 30,000 employees globally.
For more information about Wyndham Worldwide, please visit the Company's web site at www.wyndhamworldwide.com.