As the world's largest developer and marketer of flexible, points -
based vacation ownership products, Wyndham Vacation Ownership has developed or acquired more than 220 vacation ownership resorts...
Revenues from the sale of
vacation ownership products, net of expenses, were $ 12 million, $ 5 million lower than the first quarter of 2011 on an adjusted
basis and $ 3 million lower than the first quarter of 2011 on an as reported
basis, primarily from the impact of revenue reportability.