Wyndham Vacation Ownership Unveils Highly Anticipated Flagship Urban Property at National Harbor
Wyndham Vacation Resorts at National Harbor Expands Company's Metropolitan Portfolio
January 26, 2010 // Franchising.com // Orlando, Fla. — Wyndham Vacation Ownership, the world's largest vacation ownership company and a member of the Wyndham Worldwide family of companies (NYSE: WYN), today announced it has welcomed its first CLUB WYNDHAM® Plus owners to its highly anticipated urban property – Wyndham Vacation Resorts at National Harbor. In development for more than three years, this 250-unit resort is the company's second resort in the popular Washington D.C. market, joining Wyndham Old Town Alexandria.
"Our nation's capital has always been a popular vacation destination. Wyndham Old Town Alexandria was wildly successful when it opened in 1999 and it remains one of our most popular resorts so it was a natural decision to double our presence in this market," said Franz Hanning, president and chief executive officer, Wyndham Vacation Ownership. "The fact that our National Harbor property is more than 75% sold out is a testament to the popularity of our urban properties and the Washington D.C. area."
Situated within National Harbor – a 300-acre waterfront community in Prince George's County, Md. on the banks of the Potomac River – this purpose-built resort property features 250 condominium-style, fully furnished units, including 42 opulent, presidential suites. Built in an 11-story tower, the resort also boasts an expansive health and fitness club, indoor and outdoor heated swimming pools, an outdoor terrace with a spa and wading pool as well as a recreation room. Owners and guests will also enjoy the ever-growing popular urban vacation experience by having immediate access to the wide variety of shopping and dining options within the National Harbor complex, such as McCormick & Schmick's, Dolce Enoteca, Ketchup, Grace's Mandarin and Rosa Mexicano.
Located just minutes from the countless landmarks and attractions of Washington D.C., Wyndham Vacation Resorts at National Harbor, which will operate within the company's CLUB WYNDHAM Plus exchange program, caters to a growing travel trend among timeshare owners to take vacations to major metropolitan centers. In an owner survey, Wyndham owners indicated that nine of the top ten destinations they'd like to visit next are urban.
National Harbor was still being built when we bought," said Eva and Al James of Oxford, NC, CLUB WYNDHAM Plus owners. "The location of the capital was a draw and the resort is right in the heart of the action."
This resort property is the latest addition to the company's portfolio of urban resorts, which are designed to offer owners convenient access to the exciting shopping, dining and nightlife located in or near the epicenters of major metropolitan destinations throughout the United States, Canada and Australia. The company also boasts properties in other popular urban markets, including San Francisco, Calif., Seattle, Wash., Las Vegas, Nev., San Antonio, Texas, Vancouver, BC and Sydney, Australia.
ABOUT WYNDHAM VACATION OWNERSHIP
Wyndham Vacation Ownership, a member of the Wyndham Worldwide (NYSE: WYN) family of companies, is the world's largest vacation ownership business, as measured by the number of vacation ownership resorts, individual vacation ownership units and owners of vacation ownership interests. Wyndham Vacation Ownership develops, markets and sells vacation ownership interests and provides consumer financing to owners through its three primary consumer brands, Wyndham Vacation Resorts, WorldMark by Wyndham, and Wyndham Vacation Resorts Asia Pacific. As of January 1, 2009, Wyndham Vacation Ownership had developed or acquired approximately 150 vacation ownership resorts throughout the United States, Canada, Mexico, the Caribbean and the South Pacific that represent approximately 20,000 individual vacation ownership units and more than 830,000 owners of vacation ownership interests. Wyndham Vacation Ownership is headquartered in Orlando, Fla., and is supported by approximately 13,800 employees globally.
ABOUT NATIONAL HARBOR
National Harbor is a community unlike any other in the D.C. region, designed to take full advantage of the most historic river in the nation. Rising from the banks of the Potomac River just south of the Woodrow Wilson Bridge in Prince George's County, Md., National Harbor is a 300-acre, mixed-used development designed to include five hotels (including the Gaylord National Resort and Convention Center), thousands of residential and office units, tree-lined promenades with scores of shops and restaurants, a marina and much more.