Cendant Corp., the world's largest
hotel franchiser, has reached an agreement to purchase Redmond, Wash. - based timeshare resort developer Trendwest Resorts Inc. for approximately $ 900 million.
By forming alliances with vendors of home - related and unrelated products and services, HFS Inc., the world's largest
franchiser and owner of ERA, Century 21, Coldwell Banker, and a host of
hotels, has consistently taken advantage of its buying power.