Wyndham Destinations Plans To Double Its Solar Capacity By End Of 2023
World’s largest vacation ownership business celebrates new solar installations that continue to drive alternative energy across portfolio of vacation ownership resorts
ORLANDO, Fla. (April 21, 2022) – Wyndham Destinations, the world’s largest vacation ownership business as part of Travel + Leisure Co. (NYSE:TNL), today announced the completion of its latest solar installations and its commitment to further investments in alternative energy.
The company recently turned on solar panels at its Limetree Beach Resort by Club Wyndham in St. Thomas, and is finishing installation at the WorldMark Clear Lake Resort in Nice, Calif., this spring. With the two new resorts online, the company will have an estimated annual solar output of more than nine million kilowatt hours at 19 properties across the U.S. that are powered by more than 18,000 solar panels.
As part of its Environmental, Social, and Governance (ESG) strategy, the company is planning to invest in opportunities to reduce water and energy usage across its portfolio of 245 resorts.
In addition, the company is installing water use reduction and leak detection technologies in guest suites that cut water use on average by 15-17%. Resort staff is working to have this equipment installed in as many as 25% of the Wyndham Destinations managed resort portfolio by the end of 2022.
In the Environmental Sustainability goals published in its 2021 ESG Report, the company is working to drive the following goals:
20% renewable energy consumption of total electricity at our managed resorts by 2030
40% reduction in greenhouse gas emissions by 2025 from a 2010 baseline
35% reduction in water withdrawal per square foot by 2025 from a 2010 baseline
“In partnership with our home owners associations, we’re investing in environmentally sustainable operations to protect the beautiful destinations our members enjoy visiting,” said Geoff Richards, chief operating officer of Wyndham Destinations. “As a part of our responsible operations, we place a high value on protecting the environment and communities in which we live and operate.”
Wyndham Destinations’ vacation club resorts offer a more comfortable way to travel, with most suites featuring multiple bedrooms, fully equipped kitchens and relaxed living spaces. Guests who stay at Wyndham Destinations resorts will experience all the comforts and amenities of home while living their bucket lists – and, with 95% of the U.S. population living within 300 miles of nearly 200 Wyndham Destinations resorts, finding home-away-from-home accommodations in sought-after destinations is easier than ever.
About Wyndham Destinations Wyndham Destinations is the world’s largest vacation ownership business with more than 245 vacation club resorts around the world that offer a contemporary take on the timeshare model. The brand portfolio — featuring Club Wyndham®, WorldMark® by Wyndham, Margaritaville Vacation Club® by Wyndham, and Shell Vacations Club — offers travelers the chance to own their vacation and explore places they’ve never visited before, year after year. More than 850,000 owners enjoy stays in a home away from home, featuring spacious suites with separate bedrooms, fully-equipped kitchens, living and dining areas, as well as resort-style amenities and services. Wyndham Destinations is part of Travel + Leisure Co. (NYSE:TNL). Learn more at WyndhamDestinations.com.