Wyndham Vacation Clubs has entered the Japanese market after assuming management of 16 resorts in Japan.
The group's Asia Pacific branch announced last week that it had entered in an agreement to acquire privately held Resort Frontier Co. Ltd, the management company for points-based vacation club Sundance Resort Club.
With over 11,000 members across Japan, the new addition to Wyndham's portfolio expands the Clubs' resort offerings in the Asia Pacific region to 52.
The acquisition sees Wyndham Vacation Clubs purchase the balance of the unsold inventory in the Sundance Resort Club, as well assuming responsibility for the administration of the Sundance Resort Club and the servicing of its club members.
“We are pleased to be expanding our operations across Asia with this significant acquisition in Japan," said Barry Robinson, President and Managing Director, International Operations, Wyndham Vacation Clubs.
"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 newly acquired resorts are all within a two-hour train ride from Tokyo, and close to popular tourist hotspots such as Mt Fuji, Yuzawa, Azul Kogen, and Hakone, as well as the famous beach destination of Onjuku where surfing will debut as an Olympic sport in the 2020 Summer Olympics.
Wyndham Vacation Clubs are a part of Wyndham Destinations, the world’s largest vacation ownership and exchange company. With close to one million members worldwide, Wyndham Destinations is larger than the next two largest vacation ownership companies combined.