SOURCE: Wyndham Exchange & Rentals

Wyndham Exchange & Rentals

September 07, 2011 09:09 ET

Vacation Rental Veteran Bob Milne Appointed President, Wyndham Vacation Rentals North America

PARSIPPANY, NJ--(Marketwire - Sep 7, 2011) - Wyndham Exchange & Rentals, part of the Wyndham Worldwide family of companies (NYSE: WYN), today announced the appointment of Bob Milne to the position of president, Wyndham Vacation Rentals North America. In this newly-created role, Milne will be responsible for leading and growing the company's North American rental businesses which include such well-known brands as ResortQuest, Steamboat Resorts and The Resort Company. He will be based in Parsippany, N.J. and report directly to Geoff Ballotti, president and CEO, Wyndham Exchange & Rentals.

"We are extremely excited to have someone with Bob's experience lead our North American operations for Wyndham Vacation Rentals," said Ballotti. "Bob's reputation, integrity and passion for this business will allow us to continue to grow within the fully-serviced vacation rentals market across the U.S."

Milne brings more than 25 years of experience in hospitality and resort property management to his role. He began his career in the sales and marketing department with Steamboat Resorts in 1985. Over the next ten years, Milne held several operations positions of increasing responsibility before becoming president and ultimately buying The Resort Company. In 2007, Milne sold The Resort Company to a private equity firm to help grow the business and stayed on after the sale as both a minority owner and the company's CEO. During his tenure, Milne helped grow The Resort Company into a leading vacation rental and property management company with a portfolio of approximately 1,000 rental units in the most sought after Colorado mountain destinations.

About Wyndham Exchange & Rentals

Wyndham Exchange & Rentals is the worldwide leader in vacation exchange and the world's largest serviced vacation rentals business, providing access to approximately 97,000 vacation properties in nearly 100 countries. The vacation exchange business includes RCI, the worldwide leader in vacation exchange, The Registry Collection®, the world's largest luxury exchange program, and Endless Vacation Rentals®. The vacation rentals business is comprised of a diverse and celebrated collection of more than 25 brands including Hoseasons, Novasol®, Landal GreenParks®, ResortQuest®, James Villa Holidays and Canvas Holidays. Each year, Wyndham Exchange & Rentals provides more than 4.9 million leisure-bound families with vacation exchange and rentals services and products. Wyndham Exchange & Rentals is part of the Wyndham Worldwide family of companies (NYSE: WYN). For additional information visit our media center.

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