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Freda Stemick Joins The Trades Publishing Company Family

Crossville, TN (PRWEB) February 8, 2010
The Trades Publishing Company has welcomed Freda Stemick to its ranks as Business Development Executive. She will represent three entities: The Resort Trades, RT Management & Operations and AskMando.Com.

The Trades Publishing Company has welcomed Freda Stemick to its ranks as Business Development Executive. She will represent three entities: The Resort Trades, RT Management & Operations and AskMando.Com.“We are thrilled to have Freda on board,” said Managing Director, David Kerr. “She has that rare combination of vitality matched by a long history in the resort industry, with good solid relationships and an unbridled enthusiasm for what we as publishers bring to the table.”

Freda, previously with Sell My Timeshare NOW in the capacity of B2B Marketing and Sales development, got her start in the industry with Massanutten Resort, McGaheysville, VA where she worked in numerous capacities over the years. She virtually grew up in the industry as a child of timeshare professionals.

“I’ve been on both sides of the timeshare equation,” says Freda. “Being with The Trades gives me the opportunity to connect and network with people as we show them the various options available for them to incorporate into their B2B marketing plans.”

With nearly 30 years of publishing experience, The Trades Publishing Company has become a leader in targeted trade publication and marketing. All five of the Trades Publishing Company’s existing publications have emerged as market leaders in their respective industries.

The Resort Trades, established 1986, with a readership of more than 6,000, is a super-tabloid news and information source publication targeted specifically at the Resort and Timeshare sales industry. The Resort Trades offers display advertising, classified advertising, Trade Member listings, as well as monthly industry news and press releases, global analysis articles, and in-depth interviews with industry professionals and business leaders.

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Wyndham Worldwide moves to 4th-quarter profit

(From the Associated Press) – Feb. 10 2010

PARSIPPANY, N.J. — Wyndham Worldwide Corp. said Wednesday that it moved to a fourth-quarter profit, helped by a slight increase in revenue for its timeshare business as the year-earlier period was weighed down by hefty charges.

The lodging company earned $73 million, or 40 cents per share, for the quarter. That compares with a loss of $1.36 billion, or $7.63 per share.

The prior-year period’s results included $8.10 per share in charges.

Analysts polled by Thomson Reuters, whose estimates usually exclude include one-time items, predicted a profit of 37 cents per share, on average.

The performance also beat Wyndham’s guidance for earnings between 35 cents and 38 cents per share.

Revenue for the three months ended Dec. 31 improved to $913 million from $911 million, topping Wall Street’s estimate of $855.7 million.

Vacation ownership revenue edged up 3 percent to $508 million, while exchange and rental revenue rose 3 percent to $258 million.

Systemwide revenue per available room, a key gauge of a hotel operator’s performance, declined 11.9 percent. The figure fell 13.3 percent in constant currency. Wyndham brands include Ramada, Days Inn and Super 8.

For the year, Wyndham’s profit was $293 million or $1.61 per share. In 2008 Wyndham posted had a loss of approximately $1.1 billion, or $6.05 per share.

Adjusted earnings were $327 million, or $1.80 per share, which removes 19 cents per share in restructuring costs and other items.

Annual revenue fell about 12 percent to $3.75 billion.

Looking ahead, Wyndham anticipates 2010 revenue between $3.5 billion and $3.9 billion. Analysts expect revenue of $3.61 billion for the year.

Separately, the company raised its dividend and said it will resume share repurchases.

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