PARSIPPANY, N.J., Oct. 9 /PRNewswire/ -- Group RCI, a global leader in leisure real estate, today announced the appointment of Kendall Oei as the new president and managing director of Group RCI, Asia Pacific, effective October 15, 2007.
Reporting to Kenneth May, chairman and chief executive officer of Group RCI, Kendall will lead the Asia Pacific region in growing Group RCI's existing business and pursuing new opportunities via new service and product lines and new markets and segments. He will be responsible for leading a team of 440 employees in 9 countries and managing relationships with 350 affiliated resorts.
"I am extremely pleased that Kendall has accepted this important position which will bring added focus to our strategic growth throughout the Asia Pacific region," said Kenneth N. May, chairman and chief executive officer of Group RCI. "He has over 30 years of experience as a business leader in Asia Pacific and an excellent track record of building relationships with developers and hoteliers across the hospitality industry. While Group RCI has been operating in Asia Pacific for the past 10 years, we are looking to significantly expand our presence in the area, especially as the Asia Pacific region is projected to be over 25% of global tourist arrivals by 2020.* Kendall's leadership in Asia Pacific and his impeccable credentials are in line with our vision for long-term, sustainable growth."
Oei most recently served as executive director at General Hotel Management (GHM), Ltd., a market leader in the development and operation of exclusive, luxurious hotels and resorts worldwide. While at GHM he was responsible for strategic planning, hotel management projects and operational management of the company. Kendall will continue his relationship with GHM as a non- executive director. Throughout his career, Oei has held various management positions in hotel development and commercial and investment banking in Asia and the US including GHM, Scandinavian Bank, Summa International Finance Company and Bank of America.
He received his Bachelor of Arts degree, cum laude, from Harvard University and a Master of Business Administration with a concentration in international finance from the Harvard Graduate School of Business Administration.
* Source: WTO Tourism 2020 Vision About Group RCI
Group RCI, part of the Wyndham Worldwide family of companies, is the global leader in non-hotel leisure accommodations with exclusive access for specified periods to more than 60,000 vacation properties in more than 100 countries. Organizationally, Group RCI is comprised of vacation exchange, including RCI(R), the worldwide leader in vacation exchange and provider of travel services to businesses and consumers and The Registry Collection(R), the world's largest luxury exchange program; vacation rentals, including Endless Vacation Rentals(SM), Landal Greenparks(R), Novasol(R), and more than 30 other vacation rental brands, through which vacationers can rent a wide variety of property types, from city apartments to country cottages to unique villas; and NorthCourse(SM) Leisure Real Estate Solutions, an international leader in providing a full spectrum of advisory, research, asset management and sales and marketing services to developers and investors worldwide. Collectively, the company delivers unique vacation experiences to leisure travelers around the world and provides products and services to business customers that support the growth of the leisure real estate industry. Wyndham Worldwide Corporation is one of the world's largest hospitality companies with leading brands in lodging franchising, vacation ownership, vacation rentals and vacation exchange. For additional information visit http://www.grouprci.com/ or the media center of http://www.wyndhamworldwide.com/.
