SOURCE: Wyndham Worldwide

Wyndham Worldwide

April 16, 2013 09:00 ET

Wyndham Worldwide Exceeds 2012 Supplier Diversity Goals

Global Hospitality Company Exceeds 2012 Targets; Increases Total Diverse Supplier Spend by 19 Percent

PARSIPPANY, NJ--(Marketwired - Apr 16, 2013) - With an eye on both U.S. domestic and global growth, Wyndham Worldwide (NYSE: WYN), announced today it has again surpassed its annual goals in strengthening the diversity of its global supply chain. An industry leader in supplier diversity, the Company's diverse spend in 2012 increased by 19 percent over 2011. 

"As one of the world's largest hospitality companies, diversity is a fundamental part of how we do business in nearly 100 countries," says Stephen P. Holmes, chairman and chief executive officer, Wyndham Worldwide. "Increasing the diversity of our people, including the vendors we partner with, is especially important as we continue to grow around the world, as it provides us with a rich foundation of perspectives and experiences that benefit our company, our customers, and the communities in which we operate."

With over 100,000 locations in nearly 100 countries, Wyndham Worldwide includes Wyndham Hotel Group, the world's largest hotel company based on number of properties; Wyndham Exchange & Rentals, the world's largest member-based vacation exchange network and provider of serviced vacation rentals; and Wyndham Vacation Ownership, the world's largest vacation ownership business.

Through its supplier diversity program, Wyndham Worldwide includes diverse suppliers when possible in each request for proposal and bid notice, mentors existing and potential suppliers, builds partnerships with each supplier, increases internal and external awareness of its supplier diversity programs and goals, and expands its supply diversity outreach around the globe.

In the U.S., the program focuses on eight groups, including African-American; Hispanic-American; Asian-American; Native-American; lesbian, gay, bi-sexual and transgendered (LGBT); women; veteran and disabled-veteran; and disabled-owned businesses. Globally, Wyndham Worldwide is partnering with such organizations as Minority Supplier Development UK and Minority Supplier Development China which work to connect diverse suppliers with corporations, and WEConnect International, which seeks to empower women business owners to succeed in local and global markets.

"At Wyndham Worldwide, we believe in the power of diversity. Every day we see immense value and benefit of varied cultures, experiences and perspectives that allow us to best meet our needs as we continue to grow as a global company," said Paul Davis, senior vice president, Strategic Sourcing, Wyndham Worldwide. "Cultivating and expanding diversity throughout the entire company, including our supply partners is one of our core values."

The supplier diversity initiative at Wyndham Worldwide has received numerous accolades, including DiversityInc's 2012 Top 10 Companies for Supplier Diversity, DiversityPlus magazine's 2012 Champions of Diversity, Hispanic Network magazine's "Best of the Best" Top 50 Supplier Diversity Programs for Hispanics, Morris County (New Jersey) Hispanic-American Chamber of Commerce's 2012 Corporation of the Year, and Outstanding Corporate Partner by the Florida Minority Business Opportunity Center.

"As a global business, we aim for our suppliers to be as diverse as the communities we serve," said Jose Nido, vice president of Global Supplier Diversity, Wyndham Worldwide. "We take pride in knowing that our supplier diversity program includes many successful diverse-owned businesses that make vital contributions directly to our economy while maintaining a culture at our Company that combines individual strengths to help promote better business solutions."

About Wyndham Worldwide
One of the world's largest hospitality companies, Wyndham Worldwide (NYSE: WYN) provides a wide range of hospitality products and services through its global portfolio of world-renowned brands. The world's largest hotel company based on the number of properties, Wyndham Hotel Group is home to many of the world's best-known hotel brands, with approximately 7,260 franchised hotels and 618,100 hotel rooms worldwide. Wyndham Exchange & Rentals is the worldwide leader in vacation exchange and the world's largest professionally managed vacation rentals business, providing more than 5 million leisure-bound families annually with access to approximately 100,000 vacation properties in 100 countries through its prominent exchange and vacation rental brands. The industry and timeshare ownership market leader, Wyndham Vacation Ownership develops, markets, and sells vacation ownership interests and provides consumer financing to owners through its network of over 180 vacation ownership resorts serving more than 915,000 owners throughout the United States, Canada, Mexico, the Caribbean, and the South Pacific. Based in Parsippany, NJ, Wyndham Worldwide employs approximately 27,800 associates globally.

For more information, please visit www.wyndhamworldwide.com.

Contact Information

  • Contact:

    Stacy Dixson
    Manager, Public Relations
    Wyndham Worldwide
    973-753-7424
    stacy.dixson@wyn.com