GOLD COAST, QLD (June 6, 2012) — Wyndham Vacation Resorts Asia Pacific, a division of world leading hospitality company Wyndham Worldwide (NYSE:WYN), has announced the addition of the Ramada Resort Phillip Island property to its expanding portfolio of resorts in the South Pacific.
The agreement for the property, formerly known as All Seasons Phillip Island Resort, is for management rights of a selection of villas providing a combination of studio, two and three bedroom self-contained holiday apartments which will serve as a mixed-use property. In addition to the franchise agreement with Wyndham Hotel Group, the world’s largest hotel company with approximately 7,200 hotels, Wyndham Vacation Resorts Asia Pacific has also contracted to acquire a number of rooms and the common areas in the resort from Moss Capital who has acquired the freehold land including the common areas and 74 villas. A selection of villas will transfer into WorldMark South Pacific Club by Wyndham, for use by its more than 44,000 timeshare owners.
“The re-branding of Ramada Phillip Island is an integral step in our company’s strategic direction to grow our portfolio in key tourism destinations with properties that are suitable for both hotel and apartment-style vacationing,” said Barry Robinson, Managing Director of both Wyndham Vacation Resorts Asia Pacific and Wyndham Hotel Group in the South Pacific.
“Phillip Island as identified and communicated by the Victorian Tourism Board, is one key tourism and event destination in Victoria that appeals to both domestic and international travellers with over 3.5 million people visiting the island annually. We immediately recognised this resort as an ideal holiday destination to complement our recent Torquay acquisition.”
Ramada Phillip Island, located at 2128 Phillip Island Road, Cowes, Victoria, features 211 free-standing, villas situated on 65 acres of picturesque countryside. With excellent onsite facilities including restaurant and bar, conference rooms, swimming pool, tennis courts, kid’s playground, BBQ areas and numerous walking tracks, Ramada Phillip Island will appeal to families, conference and leisure visitors alike.
The resort is less than two hours drive from Melbourne and centrally located to take full advantage of the variety of attractions Phillip Island has to offer, from bay and surf beaches to the Penguin Parade, Phillip Island Grand Prix Circuit and the bustling seaside town of Cowes.
With this latest acquisition, Wyndham Vacation Resorts Asia Pacific continues to expand its portfolio of resorts with quality facilities in locations that provide a lifetime of holiday choices for its vacation ownership base of more than 44,000 owners.
About Wyndham Vacation Resorts Asia Pacific
Wyndham Vacation Resorts Asia Pacific develops, markets and sells Vacation Ownership interests in a network of 23 vacation ownership resorts in the Asia Pacific region at locations including: Denarau Island, Fiji; Port Douglas, Cairns, Marcoola Beach, Caloundra and Gold Coast in Queensland, Australia; Coffs Harbour, Hunter Valley, Port Macquarie, Port Stephens and Sydney in New South Wales, Australia; Torquay, Ballarat and Lakes Entrance in Victoria, Australia; Dunsborough and Perth in Western Australia; Seven Mile Beach in Tasmania, Australia; and Rotorua and Wanaka in New Zealand and serves more than 44,000 vacation owners throughout Australia, New Zealand and Fiji.
Wyndham Vacation Resorts Asia Pacific (a division of Wyndham Vacation Ownership, part of Wyndham Worldwide) has its Asia Pacific corporate office on the Gold Coast, Queensland, Australia and employs more than 1300 staff throughout the South Pacific. www.wyndhamvrap.com
About Wyndham Hotel Group
Wyndham Hotel Group 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® in USA 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