Wyndham Vacation Clubs enters Japanese market
Wyndham Vacation Clubs has entered into an agreement to acquire the privately-held Resort Frontier Co. Ltd, management company of Sundance Resort Club, a points-based vacation club with over 11,000 members and 16 resort destinations.
The new addition to the portfolio expands the Club’s resort offerings in the Asia Pacific region to 52, and establishes its resort presence in Japan.
Under the terms of the agreement, Wyndham Vacation Clubs Asia Pacific will manage the resort portfolio across Japan and be responsible for the administration of Sundance Resort Club and the servicing of its club members. The acquisition also sees the company purchase the balance of unsold inventory in Sundance Resort Club.
Barry Robinson, president and managing director, International Operations, Wyndham Vacation Clubs, said: “We are pleased to be expanding our operations across Asia with this significant acquisition in Japan.
“This complements the steady growth of Wyndham Vacation Clubs in the region, specifically Club Wyndham Asia and Club Wyndham South Pacific by adding 16 more locations across our portfolio of resorts.
“We look forward to building upon the achievements of Resort Frontier Co. Ltd and Sundance Resort Club.”
The 16 resorts are all within a two-hour train ride from Tokyo and close to popular tourist hotspots such as the ski destination of Yuzawa, iconic Mt Fuji, hot springs locations of Azul Kogen and Hakone, and the famous beach destination of Onjuku, where surfing will debut as an Olympic sport in the 2020 Summer Olympics.
The latest expansion takes Wyndham Vacation Clubs Asia Pacific’s managed resort portfolio to 69 properties across Australia, New Zealand, Fiji, Indonesia, Thailand, Hawaii, Europe and now Japan.
More than 71,000 Asia Pacific vacation club members enjoy the flexibility of Wyndham Vacation Club’s points-based system, travelling to and exploring places they haven’t visited before, year after year, staying in spacious condominium style apartments, without sacrificing access to resort-style amenities and services.
Koki Kubota, CEO of Resort Frontier, said: “We’re excited to benefit from the significant size and scale of Wyndham Vacation Clubs, which is recognised for delivering exceptional vacation experiences the world over and we look forward to the opportunities that brings.”