More than five million people vacationed using the company’s exchange businesses last year. Panorama aims to broaden the business, identify new capital efficient sources of supply, offer new and innovative products and develop new travel solutions in partnership with club affiliates in order to increase overall usage and satisfaction of club members. With more than 20 million timeshare and vacation club members globally, vacation ownership and exchange is a significant part of how the world enjoys vacation. Brown, president and CEO of Wyndham Destinations. “The creation of Panorama helps to reposition these businesses into a more holistic travel company squarely focused on profitable top-line growth by diversifying and expanding outside the exchange business, leveraging our strategic acquisition of ARN last year,” said Michael D. Hospitality industry veteran Olivier Chavy, who joined Wyndham Destinations in 2019 to lead the company’s Vacation Exchange businesses, was named president of Panorama.
The new Panorama portfolio will have three areas of focus, including timeshare exchange companies RCI - the world’s largest vacation exchange network - 7Across (formerly known as DAE), and The Registry Collection travel and leisure businesses Love Home Swap, TripBeat, and Extra Holidays and leading travel technology platforms International and Alliance Reservations Network (ARN). (July 27, 2020) – Wyndham Destinations (NYSE:WYND), the world’s largest vacation ownership and exchange company, today announced the creation of Panorama, a new business line to manage the company’s exchange, membership, and travel technology brands. New products and services present travelers a whole new range of opportunities for travel experiences beyond their traditional timeshare ownership.Business line will serve as the parent-brand for RCI and portfolio of exchange and other membership travel groups to set the stage for business expansion.
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