Wyndham Destinations Releases Preliminary Fourth Quarter Operating Metrics
ORLANDO, Fla.--(BUSINESS WIRE)--Wyndham Destinations, Inc. (NYSE:WYND) is releasing preliminary operating metrics for the fourth quarter of 2020:
Gross vacation ownership interest (VOI) sales of $281 million (1)
VOI sales were impacted by increased restrictions related to COVID-19, particularly in Hawaii and California where resorts were closed in December
Fourth quarter gross VOI sales were 51.8% lower than the prior year with tours 63.8% lower year-over-year, partially offset by a 23.8% increase in VPG
Excluding Hawaii, and California in December, fourth quarter gross VOI sales declined 48.5% and tours declined 61.0% year-over-year
“We were pleased to finish the year str
