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Wyndham agrees sale of European rentals business for $1.3 billion
Reading Time: 2 minutesUS: Wyndham Worldwide Corporation has agreed to sell its European vacation rental business to Platinum Equity for around $1.3 billion. The European vacation rental business has entered into a 20-year agreement under which it will pay a royalty fee of one per cent of net revenue to Wyndham’s hotel business for the right to use the “by […]