• Wyndham buys James Villas

Wyndham Worldwide has purchased villa specialist James Villas for $77m from Vespa Capital.

James owns around 2,300 villa properties in more than 50 destinations, which will be added to the group’s existing rental business. "The acquisition of James Villa Holidays is consistent with our strategy to invest in fee-for-service businesses and represents another step forward in our strategic plan to grow our presence and leadership position within the global vacation rentals market," said Stephen P. Holmes, chairman and CEO.

See the full release here:
http://www.wyndhamworldwide.com/media_center/pr/show_release.cfm?id=860

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