Wyndham Chairman Says They Don't Feel Impact of Trade Wars

The transcript discusses Wyndham's global economic perspective, highlighting mixed growth trends across regions. It covers Wyndham's expansion in China, noting minimal impact from trade tensions. The partnership with PGA is explored, emphasizing its alignment with Wyndham's values and business strategy. Wyndham Rewards and golf sponsorships are detailed, showcasing their role in brand visibility and customer engagement. The impact of these sponsorships on business growth and customer relationships is also examined.

What is the current state of the global economy according to Wyndham Destinations?

• All regions are accelerating in growth.

• The entire world is experiencing a slowdown.

• The US economy is shrinking rapidly.

• There is a mixed economic growth with some regions slowing down and others accelerating.

How has the trade war affected Wyndham's business operations in China?

• It has significantly hindered their expansion plans.

• They have not felt a significant impact due to local partnerships.

• They have had to close several hotels.

• It has caused them to halt all operations in China.

What is the main reason Wyndham Destinations sponsors the PGA?

• To focus solely on the US market.

• To promote their new line of golf equipment.

• To create a presence in the marketplace and align with golf's characteristics.

• To compete with other hotel chains sponsoring sports events.

Who is the golfer sponsored by Wyndham that won the tournament the first year they sponsored?

• Tiger Woods

• Webb Simpson

• Brandt Snedeker

• JT Poston

What is the benefit of Wyndham's association with the PGA and golf tournaments?

• It reduces their advertising costs.

• It allows them to host more tournaments.

• It strengthens their brand and customer relationships.

• It helps them sell more golf equipment.