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4-Traders Homepage  >  Equities  >  Nyse  >  Wyndham Worldwide Corporation    WYN

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Wyndham Worldwide Corporation : Kevin Kobishop Named Vice President of Operations for Upscale Wyndham Brand

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05/04/2012 | 03:59pm CEST

PARSIPPANY, N.J. (May 4, 2012) -PARSIPPANY, N.J. (May 4, 2012) - Wyndham Hotel Group, the world's largest hotel company with over 7,150 hotels and part of Wyndham Worldwide Corporation (NYSE: WYN), today announced the appointment of Kevin Kobishop as vice president of operations for the upscale Wyndham Hotels and Resorts® brand.

A hospitality industry veteran with over 20 years of experience, Kobishop is responsible for helping to drive the brand's strategic direction and overseeing operational functions including revenue management, sales, financial reporting and human resources for the brand's portfolio of managed and franchised hotels. He is based in Parsippany, N.J. and reports directly to John Green, brand senior vice president for Wyndham Hotels and Resorts.

Most recently, Kobishop served as the corporate director of food and beverage for Amalgamated Holdings Limited in Sydney, Australia. There, he implemented programs and processes for the company's 50 hotels, 80 movie theaters and Australia's largest ski resort.

Kobishop returns to the Wyndham brand after serving the former Wyndham International from 1988 to 2005, where he held various corporate and on-property positions in the areas of food and beverage, conference management and operations. He also served as general manager at Wyndham hotels in Philadelphia, Penn., Brookfield, Wisc., and Indianapolis, Ind.

"Kevin is an experienced and knowledgeable operations executive and we are thrilled to welcome him back to the Wyndham family," said Green. "His property management expertise and familiarity with the company will play an important role in helping to ensure the success of our properties."

Wyndham Hotels and Resorts, LLC, a subsidiary of Wyndham Worldwide Corporation (NYSE: WYN), offers upscale hotel and resort accommodations throughout the United States, Europe, Canada, Mexico, China and the Caribbean. All Wyndham® hotels are either franchised by the company or managed by Wyndham Hotel Management, Inc., one of its affiliates or through a joint-venture partner. Additional information and reservations for all Wyndham hotels are available by calling (800) WYNDHAM - (800) 996-3426 - or visiting www.wyndham.com.

Wyndham Hotel Group, part of the Wyndham Worldwide (NYSE:WYN) family of companies, is the world's largest hotel company with over 7,150 hotels and approximately 609,300 rooms in 65 countries under the hotel brands: Wyndham Hotels and Resorts®, Ramada®, Days Inn®, Super 8®, Wingate by Wyndham®, Baymont Inn & Suites®, Microtel Inn & Suites® by Wyndham, Hawthorn Suites® by Wyndham, TRYP by Wyndham™, Howard Johnson®, Travelodge® and Knights Inn®.  In addition, the company has license agreements to franchise the Planet Hollywood Hotels, Dream® and Night® brands and provide management services globally.

All hotels are independently owned and operated excluding certain Wyndham and TRYP by Wyndham hotels as well as certain international Ramada, Days Inn and Super 8 hotels, which may be managed by one of the affiliates of Wyndham Hotel Group. Wyndham Hotel Group is based in Parsippany, N.J. Additional information is available at www.wyndhamworldwide.com. For more information about hotel franchising opportunities visit www.whgdevelopment.com.

MEDIA CONTACT:

Kathryn Zambito
Public Relations Manager
Wyndham Hotel Group
22 Sylvan Way
Parsippany, NJ  07054
(973) 753-6590
kathryn.zambito@wyn.com

EDITORS: A high resolution version of the above image may be downloaded by clicking here. Photos and logos can be downloaded from the Wyndham Worldwide Media Center, available here. For more information about Wyndham Worldwide Corporation and its businesses, go to www.wyndhamworldwide.com.

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Financials ($)
Sales 2016 5 655 M
EBIT 2016 1 115 M
Net income 2016 624 M
Debt 2016 3 177 M
Yield 2016 2,71%
P/E ratio 2016 12,95
P/E ratio 2017 11,34
EV / Sales 2016 1,96x
EV / Sales 2017 1,86x
Capitalization 7 882 M
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Mean consensus OUTPERFORM
Number of Analysts 11
Average target price 82,0 $
Spread / Average Target 14%
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NameTitle
Stephen P. Holmes Chairman & Chief Executive Officer
Thomas G. Conforti Chief Financial Officer & Executive Vice President
Myra J. Biblowit Independent Director
James Edward Buckman Lead Independent Director
George Herrera Independent Director
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