Wyndham Destinations Brings 200 New Jobs to Orange County
Orange County Mayor Teresa Jacobs joined Florida Gov. Rick Scott to announce that Wyndham Destinations, Inc. has selected Orange County for their new global headquarters on June 1. The company will create 200 new jobs and make a $7.5 million capital investment in Orlando.
“Wyndham Destinations is the latest in a growing list of companies that have recently decided to operate their headquarters in Orange County,” Mayor Jacobs said. “Our community’s culture of collaboration has led to incredible economic development opportunities, and the creation of high-value jobs and significant capital investments in Orange County.”
This announcement marked the relocation of Wyndham Worldwide’s headquarters from New Jersey to Orange County.
“Today, I am proud to join Wyndham Destinations as they move their headquarters to Orlando and create 200 jobs in our state,” said Florida Gov. Rick Scott. “By cutting taxes and creating an environment where our private sector can grow, we have made it easier for major businesses to move their operations to Florida. Wyndham Destinations made a great choice by picking Orlando for their headquarters.”
The move comes after the approval of the Qualified Target Industry (QTI) financial incentive for the project – the incentive is available for companies that create high wage jobs in targeted high value-added industries.
Wyndham Destinations is one of the world’s largest hospitality companies across six continents. With more than 55 brands throughout the world, the company serves individual consumers and business customers an array of hospitality products and services as well as various accommodation alternatives and price ranges through a premier portfolio of world-renowned brands.
“Over the past decade, we have built the world’s largest vacation ownership and exchange company thanks to the hard work of our employees and the loyalty of our customers,” said Michael D. Brown, president and chief executive officer for Wyndham Destinations. “We are excited to move forward as a focused, pure-play company with a leading market position and significant growth opportunities. With our experienced management team, robust sales and marketing platform, and increased financial flexibility, we look forward to providing our owners and guests with great vacation experiences and delivering value for our shareholders in the years to come.”
The project was made possible through strong partnerships with Orange County Government, Enterprise Florida, the Florida Department of Economic Opportunity and the Orlando Economic Partnership.