WYND - Vacation ownership sales down 51.8% in Q4 at Wyndham Destinations

Wyndham Destinations (WYND) reports gross vacation ownership interest sales of $281M.VOI sales were impacted by increased restrictions related to COVID-19, particularly in Hawaii and California, where resorts were closed in December.Q4 gross VOI sales were down 51.8% Y/Y, with tours lower by 63.8%, partially offset by a 23.8% increase in VPG.In December, excluding Hawaii and California, Q4 gross VOI sales declined 48.5%, and tours declined 61.0% Y/Y.

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Vacation ownership sales down 51.8% in Q4 at Wyndham Destinations