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2016: Time to Celebrate!

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2016: Time to Celebrate! 

 By Howard Nusbaum, President and CEO, ARDA  

Anniversary Article

This year marks two huge anniversaries for two companies that have made an outstanding impact in the timeshare industry. There are a few milestone markers around the industry this year but none as auspicious as that of Wyndham Vacation Ownership (WVO) marking its 50th anniversary and Interval International, celebrating its 40th anniversary.

WVO is a company that truly represents the pioneer spirit of the early days. WVO’s President & CEO, Franz Hanning says: “Anytime you look back over 50 years, you’re going to see peaks and valleys—it’s not always been a smooth path or an easy road. But to be where we are now looking back from this vantage point, it’s pretty overwhelming. Our company
has changed people’s lives—the lives of our owners, our associates, and probably my life more than anyone else’s. It’s been a total rewarding career for me, built on relationships and friends—core people who have been critical to our overall success.”

But WVO isn’t the only one celebrating this year…so is Interval International. The Miami, Florida-based industry pioneer remains an innovator in serving the vacation ownership market, and today its exchange network comprises approximately 3,000 resorts in more than 80 nations. Through offices in 16 countries, Interval offers high-quality products and benefits to resort clients and approximately two million families who are enrolled in its membership programs. That’s quite an achievement for a company that started with just three employees and one affiliated resort.

The timeshare industry would not be where it is today if it wasn’t for these two different companies and what they each have done over the previous decades. We want to be one of the first to wish each of these two companies a happy anniversary this year—thank you for building our industry into what it is today! To learn more about them, read our entire articles about Interval International and Wyndham Vacation Ownership in this month's Developments magazine.