Wyndham May Sell Its European Vacation Rental Brands on the Way to a Spinoff

This week, Wyndham Worldwide divulged its plans to spin off its hotel business and separate the organization into two separate companies: one primarily focused on timeshares and U.S.-based vacation rentals, and the other having to do solely with the hotel business. Thursday, during Wyndham's second quarter 2017 earnings call with investment analysts, CEO Stephen P. Holmes offered a few more details about that planned spinoff, as well as the possible sale of Wyndham's European vacation rental businesses. Holmes said that as the company follows the path toward a completed spinoff by the first half of 2018, it will "explore strategic alternatives" related to its European rental brands, which collectively account for approximately 110,000 properties. A spokesperson for Wyndham told Skift on Wednesday that Wyndham's North American rentals, which comprise approx