Westgate Resorts, with more than 10,000 timeshare units, is the third largest timeshare in the world. Westgate has more than 400 owners and 6,500 employees, says the Westgate website. Westgate, the brainchild of David Siegel, was founded more than 40 years ago and grew from a garage business to an empire. Westgate has gone down in history as the largest privately owned timeshare in the world. One of the company’s proudest achievements is the construction of the PH tower, which, according to the company’s history, is the only timeshare tower connected to a casino in Las Vegas. According to the Westgate website, PH Tower will be worth more than $ 1 billion when completed. Westgate also reports that the building will have more than 2,850 units.
Some of Westgate’s other properties include Westgate Lakes Resort and Spa in Orlando, Westgate Miami Beach, and Westgate Towers near Disney World in Orlando. There are also properties in Utah and Tennessee.
Wyndham Worldwide is a leader in vacation rentals and vacation sharing and ownership. Properties range from resorts and residential clubs to yachts. Wyndham vacation rentals have more than 200,000 units and 155 vacation-owned resorts. People who choose vacation ownership through Wyndham have the flexibility to stay in spacious condos around the world. There are about 820,000 owners. One of the highlights of the Wyndham property collection is the Records Collection, comprised of 160 high-end properties. According to Wyndham, it is the largest luxury property exchange. Destination properties are located in Belize, Brazil, Canada, the Caribbean, Italy, Malta, Mexico, Portugal, Scotland, South Africa, Spain and the United States.
Wyndham Resorts is also a leader in vacation rentals, and according to company literature, Wyndham is the largest vacation rental marketer in Europe. Some of the rental brands Wyndham operates include Canvas Holidays with camp rentals, Cuendet, with villas in Europe, Hoseasons Group, with villas and cabins, Landal GreenParks, and Novasol. Wyndham Resorts has been named one of Fortune Magazine’s Most Admired Companies for 2010.
Worldmark Resorts is a division of Wyndham and has 60 resorts for vacation owners. Worldmark has studios and condo-style accommodations. One- and two-bedroom condos are 60 percent larger than hotel rooms, Worldmark reports. Penthouse suites are also available to owners. Locations are in the continental United States, Hawaii, and Fiji. Worldmark is also affiliated with another company, RCI, and therefore can offer properties in the Caribbean, New York, Paris, Mexico, Australia, Ireland, Venice, Egypt, India, Hong Kong, China, Japan, the South Pacific, and the Cayman Islands. .
Worldmark differs from other timeshare resorts in that it offers its owners more flexibility. The point system is not tied to unit size or location, so timeshare owners can stay at any of the resort’s 60 locations at any time.