WorldMark by Wyndham Acquires Stablewood Springs Resort in Hunt, Texas
Anticipates opening to WorldMark owners and guests in early 2015
September 18, 2014 // Franchising.com // ORLANDO, Fla. – WorldMark® by Wyndham, one of Wyndham Vacation Ownership's four primary consumer brands, today announced it has expanded its presence in Texas with the acquisition of Stablewood Springs Resort, located in Hunt, Texas. The resort is the Company's second in Texas and is anticipated to open to WorldMark owners in early 2015. Terms of the deal were not disclosed.
"The acquisition and development of this resort is an exciting opportunity for us to provide additional vacation options for our owners and guests traveling to Texas," said Geoff Richards, chief operations officer, Wyndham Vacation Ownership, part of the Wyndham Worldwide family of brands. "Our valued owners will be able to experience beautiful accommodations and amenities, while enjoying the highly-sought after area of the Texas hill country."
Stablewood Springs, located on a ridge in the Guadalupe River Valley, sits on 140 acres of land and includes a swimming complex, a fitness center, hiking and biking trails and a fishing pond. It is anticipated that 31 units will be available to WorldMark owners in early 2015, and new construction will begin soon to create additional units by 2016.
Hunt, Texas is known for its tranquil scenery, and is filled with meandering rivers, rugged mountains, valleys and canyons. Visitors can enjoy Los Maples, a 2,200-acre wildlife park, or the nearby town of Fredricksburg featuring quaint shops and antiques.
Currently, WorldMark New Braunfels is the only Texas resort in the WorldMark portfolio. However, through the company's new WYNDHAM Club Pass program, WorldMark owners and guests can also visit Wyndham La Cascada and Wyndham Riverside Suites, both located in San Antonio and operated by CLUB WYNDHAM®.
About WorldMark by Wyndham
WorldMark by Wyndham provides a wide range of vacation options to thousands of families each year. Its resorts can be found in some of the most beautiful locations on earth – from Canada, the West Coast of the United States, Hawaii and Florida to Mexico and Fiji. A brand of Wyndham Vacation Ownership, WorldMark by Wyndham broke new ground in the vacation ownership industry by creating a network of drive-to resort properties and off-site sales offices.
WorldMark by Wyndham's innovative credit-based system, WorldMark, The Club, is a diverse and flexible vacation ownership club. Depending on the number of vacation credits owned, and subject to availability, vacations can be taken any time during the year, in a variety of unit sizes, for a day, a week, or more. By using vacation credits as a form of currency, WorldMark's owners can choose among more than 70 resorts in some of the most highly sought-after locales.
SOURCE WorldMark by Wyndham
Director, Corporate Communications
Wyndham Vacation Ownership
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