Updating Wyndham Worldwide, Aeropostale Inc., and Restaurant Brands International

Article Excerpt

WYNDHAM WORLDWIDE $87.29 (New York symbol WYN; TSINetwork Rating: Extra Risk) (973- 753-6000; www.wyndhamworldwide.com; Shares outstanding: 120.0 million; Market cap: $10.4 billion; Dividend yield: 1.9%) is one of the world’s largest hospitality companies, with 7,670 franchised hotels worldwide. In addition to hotels, Wyndham manages vacation resorts, rental properties, luxury clubs and time-shares. This wide range of operations gives it more consistent cash flow than most of its competitors, which mainly focus on hotels. Wyndham has just bought ResortQuest Whistler, which manages nearly 600 vacation properties at the popular ski resort, for an undisclosed amount. ResortQuest’s properties are fully furnished and offer amenities like full kitchens, fireplaces and large living areas. This is Wyndham’s first acquisition in Canada. This business joins Wyndham Vacation Rentals’ portfolio of more than 25 brands, including Hoseasons, James Villa Holidays, Landal GreenParks and Novasol. Collectively, Wyndham Vacation Rentals accounts for more than 10 million nights a year booked at the 105,000 rental properties it manages across…