Wyndham Worldwide Exceeds 2012 Supplier Diversity Goals

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
Wyndham Worldwide Exceeds 2012 Supplier Diversity Goals

PARSIPPANY, NJ--(Marketwired - Apr 16, 2013) - With an eye on both U.S. domestic and global growth, Wyndham Worldwide ( NYSE : WYN ), announced today it has again surpassed its annual goals in strengthening the diversity of its global supply chain. An industry leader in supplier diversity, the Company's diverse spend in 2012 increased by 19 percent over 2011. 

"As one of the world's largest hospitality companies, diversity is a fundamental part of how we do business in nearly 100 countries," says Stephen P. Holmes, chairman and chief executive officer, Wyndham Worldwide. "Increasing the diversity of our people, including the vendors we partner with, is especially important as we continue to grow around the world, as it provides us with a rich foundation of perspectives and experiences that benefit our company, our customers, and the communities in which we operate."

With over 100,000 locations in nearly 100 countries, Wyndham Worldwide includes Wyndham Hotel Group, the world's largest hotel company based on number of properties; Wyndham Exchange & Rentals, the world's largest member-based vacation exchange network and provider of serviced vacation rentals; and Wyndham Vacation Ownership, the world's largest vacation ownership business.

Through its supplier diversity program , Wyndham Worldwide includes diverse suppliers when possible in each request for proposal and bid notice, mentors existing and potential suppliers, builds partnerships with each supplier, increases internal and external awareness of its supplier diversity programs and goals, and expands its supply diversity outreach around the globe.

In the U.S., the program focuses on eight groups, including African-American; Hispanic-American; Asian-American; Native-American; lesbian, gay, bi-sexual and transgendered (LGBT); women; veteran and disabled-veteran; and disabled-owned businesses. Globally, Wyndham Worldwide is partnering with such organizations as Minority Supplier Development UK and Minority Supplier Development China which work to connect diverse suppliers with corporations, and WEConnect International, which seeks to empower women business owners to succeed in local and global markets.

"At Wyndham Worldwide, we believe in the power of diversity. Every day we see immense value and benefit of varied cultures, experiences and perspectives that allow us to best meet our needs as we continue to grow as a global company," said Paul Davis, senior vice president, Strategic Sourcing, Wyndham Worldwide. "Cultivating and expanding diversity throughout the entire company, including our supply partners is one of our core values."

The supplier diversity initiative at Wyndham Worldwide has received numerous accolades, including DiversityInc's 2012 Top 10 Companies for Supplier Diversity, DiversityPlus magazine's 2012 Champions of Diversity, Hispanic Network magazine's "Best of the Best" Top 50 Supplier Diversity Programs for Hispanics, Morris County (New Jersey) Hispanic-American Chamber of Commerce's 2012 Corporation of the Year, and Outstanding Corporate Partner by the Florida Minority Business Opportunity Center.

"As a global business, we aim for our suppliers to be as diverse as the communities we serve," said Jose Nido, vice president of Global Supplier Diversity, Wyndham Worldwide. "We take pride in knowing that our supplier diversity program includes many successful diverse-owned businesses that make vital contributions directly to our economy while maintaining a culture at our Company that combines individual strengths to help promote better business solutions."

About Wyndham Worldwide One of the world's largest hospitality companies, Wyndham Worldwide ( NYSE : WYN ) provides a wide range of hospitality products and services through its global portfolio of world-renowned brands. The world's largest hotel company based on the number of properties, Wyndham Hotel Group is home to many of the world's best-known hotel brands, with approximately 7,260 franchised hotels and 618,100 hotel rooms worldwide. Wyndham Exchange & Rentals is the worldwide leader in vacation exchange and the world's largest professionally managed vacation rentals business, providing more than 5 million leisure-bound families annually with access to approximately 100,000 vacation properties in 100 countries through its prominent exchange and vacation rental brands. The industry and timeshare ownership market leader, Wyndham Vacation Ownership develops, markets, and sells vacation ownership interests and provides consumer financing to owners through its network of over 180 vacation ownership resorts serving more than 915,000 owners throughout the United States, Canada, Mexico, the Caribbean, and the South Pacific. Based in Parsippany, NJ, Wyndham Worldwide employs approximately 27,800 associates globally.

For more information, please visit www.wyndhamworldwide.com .

Contact: Stacy Dixson Manager, Public Relations Wyndham Worldwide 973-753-7424 stacy.dixson@wyn.com

Scroll down for more posts ▼

Top 10 Most Recent News Articles

CrossCountry Mortgage Boosts Loan Limits, Flexibility for 2027

Updated Category News Views 27

Trailblazing in the Mortgage Game Well, what do we have here? CrossCountry Mortgage, the big cheese of retail mortgage lenders, is cranking up their conforming loan limits to a hefty $845,000. They're jumping the gun on the Federal Housing Finance Agency's official 2027 announcement. It's a classic move—proactive, bold, and a bit of a gamble, if you ask me. They’re...

Continue Reading
Jari Spirits Set to Shake Up U.S. Market After Big Wins

Updated Category News Views 1

Korean Spirits Jari Eyes U.S. Market Entry Some stories just have that perfect 'right time, right place' vibe, and CJ Foods' recent splash with their Korean spirits brand jari is one of them. Buckle up, because this one's about a Korean distilling sensation gearing up to hit American shores with a bang. Accolades Pave the Path Jari, the premium Korean distilled spirits...

Continue Reading
Oil Markets Shift Focus: Pipelines Trump Drilling

Updated Category News Views 3

Decoupling Oil Price and Production Response This oil market isn’t your usual rodeo. With Brent flirting with $100, it’s a seismic shift that’s not yielding new drills but redirecting capital to the existing infrastructure landscape. Ask yourself why we're not seeing the usual cavalry charge of new rigs. It’s simple: Pipeline mileage and producing wells have...

Continue Reading
Havoc, CSBC Partner for Autonomous Maritime Future

Updated Category News Views 7

A Strategic Move Across the Pacific Well, folks, in an era where the seas aren't just blue but powered by tech-backed autonomy, here's a new chapter—the kind that doesn't just hint at innovation, it screams it. Havoc, that crafty leader in all things autonomous, inked a game-changing deal with Taiwan's shipbuilding behemoth, CSBC Corporation. They're not just building...

Continue Reading
Flex Dental Solutions Adds BNPL, Surcharging to FlexPayments

Updated Category News Views 7

Diving into Dental Finances: A New Moneymaker? It's about time someone shook up the dental payment scene, and Flex Dental Solutions seems to be the one doing it. They rolled out some intriguing new features for their FlexPayments platform aimed squarely at dental practices using Open Dental. What we're seeing here is their attempt to bridge a couple of financial headaches...

Continue Reading
Fermi's Founder Pushes for Board Overhaul: What's Next?

Updated Category News Views 2

Fermi's Roller Coaster: A Founder’s Stand Seems like Fermi Inc. is on a wild ride through the business landscape, and it's giving shareholders more whiplash than satisfaction these days. Toby Neugebauer, co-founder of Fermi and the loudest voice in the room, is feeling like his company is facing some serious turbulence and seems determined not to sit idly by as it hits...

Continue Reading
Modeling and Mental Health Join Forces for Wellness

Updated Category News Views 2

A Fresh Alliance for Mental Wellness in Modeling Alright, let's shine a spotlight on a significant step in the modeling industry, a place typically less vocal about mental health. In a move that feels long overdue, Brain-Body Therapy and Mother Model Management have joined forces, marking the beginning of a collaborative effort to propel mental wellness to the forefront...

Continue Reading
Intus Bio Secures $2.7M for Colorectal Cancer Test

Updated Category News Views 4

Pioneering Efforts in Early-Onset Colorectal Cancer Detection The battlefield of colorectal cancer prevention just got a serious upgrade with Intus Bio grabbing a $2.7 million award. This ain't just pocket change—it's a shot at rewriting the script on how we approach early-onset colorectal cancer, the pesky number one cancer gnawing at the under-50 crowd. Partnering...

Continue Reading
Veteran Marketer Joins The Wisory's Advisory Board

Updated Category News Views 5

Tyrrell Schmidt Joins The Wisory's Board Out of the blue, The Wisory has snatched Tyrrell Schmidt right off the retirement bench. This doesn't seem like just another board seating; it smells like a calculated power play. Schmidt, fresh from her heavyweight stint as Global CMO at TD Bank, adds a spicy dose of marketing prowess to The Wisory's already loaded Advisory Board....

Continue Reading
OneAscent Welcomes Monica Stoudemire as New CCO

Updated Category News Views 5

New Leadership in Compliance Diving straight into the tumultuous sea of securities compliance, OneAscent's got a fresh captain at the helm. Monica Stoudemire's stepped into the Chief Compliance Officer's shoes with a track record that'd make any investor breathe a sigh of relief. After all, blending two decades of on-the-ground experience with regulatory acumen ain't...

Continue Reading
n>

Top 5 Most Recently Viewed Articles

3 Buy-Now-Pay-Later Stocks Set for Holiday Season Gains

Updated Category News Views 74

Exciting Prospects for BNPL Stocks This Holiday Season As we step into the vibrant holiday shopping season, consumers find themselves preparing to splurge on gifts and holiday cheer. With inflationary pressures and high-interest rates shaping spending behavior, many shoppers are seeking alternatives, such as Buy Now Pay Later (BNPL) solutions that cater to their financial...

Continue Reading
Supreme Court Ruling Enhances Corporate Transparency Efforts

Updated Category News Views 141

Supreme Court Ruling Enhances Corporate Transparency Efforts The U.S. Supreme Court has made a significant decision that reinforces the enforcement of federal anti-money laundering regulations. Corporations will now be required to disclose the identities of their true beneficial owners to the U.S. Treasury Department, marking an important shift in corporate governance and...

Continue Reading
Breakthrough Medical Device Addresses Lipohypertrophy in Diabetes

Updated Category News Views 522

Revolutionizing Diabetes Treatment with Embrace Patch Recent clinical trials have shed light on the embrace Active Site Care compression patch, a pioneering medical device that has demonstrated its efficacy in treating lipohypertrophy (LH) in individuals using insulin for diabetes management. This breakthrough reveals how comprehensive care and innovative technology can...

Continue Reading
Sobi Experiences Increase in Shares and Voting Rights

Updated Category News Views 242

Significant Changes in Shares and Votes at Sobi As of the recent announcement, the total number of shares in Swedish Orphan Biovitrum AB (publ) (Sobi) has reached an impressive 357,412,837. This total is made up of 356,000,049 common shares and 1,412,788 C-shares. Notably, the increase of shares and corresponding voting rights is attributed to the recent issuance of...

Continue Reading
Rapid Expansion of the Drug Screening Market Overview

Updated Category News Views 122

Transformation in the Rapid Drug Screening Market The rapid drug screening market is currently experiencing a remarkable transformation, fueled by growing public health concerns, evolving workplace safety regulations, and significant technological advancements. The market, valued at approximately USD 2.4 billion, is expected to expand at a compound annual growth rate...

Continue Reading