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Cayman Compass - Reef Resort joins Wyndham
I met a person that did the presentation this week at the resort and they are already telling 'potential owners" that they will only be able to trade in once every 4 years - Thank you Wyndham/RCI 
http://www.compasscayman.com/caycomp...y-hotel-chain/
East End resort joins luxury hotel chain
Reef Resort in East End will become part of the world famous luxury hotel chain Wyndham in a franchise agreement from 2015.
The owners hope the deal, which will involve more than $1 million of renovations, will give the resort name recognition across the U.S. and help bring more visitors to the island.
“We will have much better name recognition in our core market, which is the United States,” said Kel Thompson, managing director of the resort. “When an American hears the name Wyndham, they immediately associate that with a certain level of service and quality.”
The switch will involve changes to the signage as well as renovations over the next three years to fit the Wyndham profile.
Mr. Thompson said he hoped the development would put the East End “on the map.”
He added, “Ownership and management will be untouched and remain the same. Our flying the Wyndham flag will bring a wealth of recognition and exposure that will benefit both our resort and, equally important, the East End area. With this development, East End now has a brand named resort and we are pleased to be the resort to bring that distinction to this district.”
Wyndham is a Texas-based hotel chain with resorts across the U.S. and Canada, as well as in Mexico, Ecuador, Turkey and Germany.
Gaetan Babin and Charlie Thompson, directors of the Reef Resort, said in a joint statement, “We are confident that, as a Wyndham resort, we will exceed expectations as a premier holiday destination for years to come, and look forward to working with the team from Wyndham.
“This new partnership agreement is the beginning of what we are sure will be a long-term successful relationship between the two companies, and we will continue to develop programs to increase benefits for customers.”
http://www.compasscayman.com/caycomp...y-hotel-chain/
East End resort joins luxury hotel chain
Reef Resort in East End will become part of the world famous luxury hotel chain Wyndham in a franchise agreement from 2015.
The owners hope the deal, which will involve more than $1 million of renovations, will give the resort name recognition across the U.S. and help bring more visitors to the island.
“We will have much better name recognition in our core market, which is the United States,” said Kel Thompson, managing director of the resort. “When an American hears the name Wyndham, they immediately associate that with a certain level of service and quality.”
The switch will involve changes to the signage as well as renovations over the next three years to fit the Wyndham profile.
Mr. Thompson said he hoped the development would put the East End “on the map.”
He added, “Ownership and management will be untouched and remain the same. Our flying the Wyndham flag will bring a wealth of recognition and exposure that will benefit both our resort and, equally important, the East End area. With this development, East End now has a brand named resort and we are pleased to be the resort to bring that distinction to this district.”
Wyndham is a Texas-based hotel chain with resorts across the U.S. and Canada, as well as in Mexico, Ecuador, Turkey and Germany.
Gaetan Babin and Charlie Thompson, directors of the Reef Resort, said in a joint statement, “We are confident that, as a Wyndham resort, we will exceed expectations as a premier holiday destination for years to come, and look forward to working with the team from Wyndham.
“This new partnership agreement is the beginning of what we are sure will be a long-term successful relationship between the two companies, and we will continue to develop programs to increase benefits for customers.”
) much the way Smugglers Notch has been with unsold inventory being branded as Wyndham and other week owners offered a conversion at a discounted price…..time will tell.
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