Wyndham CEO Says Vacation Occupancies 'Extremely Strong'

The video discusses the high consumer confidence in the U.S. and its positive impact on business performance, particularly in the vacation ownership sector. It highlights Wyndham's successful spinout from Wyndham Hotels, focusing on unlocking shareholder value and maintaining strong market performance. The video also addresses industry challenges, such as competition from Airbnb, and emphasizes the importance of meeting the preferences of Gen X and millennial demographics, who seek comfort, space, and amenities during vacations.

What is a key indicator of consumer confidence mentioned in the video?

• Stock prices

• Default rates

• Occupancy rates

• Gross vacation ownership sales

What was the primary reason for Wyndham Destinations' spinout from Wyndham Hotels?

• To expand into new markets

• To reduce operational costs

• To unlock shareholder value

• To merge with another company

How has the vacation industry changed since the recession according to the video?

• It has decreased in value

• It has remained stagnant

• It has grown significantly

• It has become less competitive

What demographic is highlighted as a significant part of the vacation industry's customer base?

• Generation Z

• Gen X and millennials

• Baby Boomers

• Retirees

What do consumers primarily seek when choosing vacation properties, as mentioned in the video?

• Unique experiences

• Proximity to city centers

• Low prices

• Space, amenities, and predictability