WorldMark by Wyndham WorldMark by Wyndham The Club , a vacation ownership program and part of the Wyndham Worldwide Corporation . The original development partner of the Club was Trendwest International, a subsidiary of Jeld-Wenn Industries, a privately held door and window manufacturer.dual role for the Club. First, WbW develops new properties for the Club and sells vacation credits for these properties at a profit. Additionally, WbW manages existing WMtC resort properties, the funds for which come from annual maintenance dues commensurate with the number of vacation credits each WMtC owner's account contains.Timeline WorldMark Timeline 1989: The Club, then known as Club Esprit, is founded by Bill Peare, with TWI as developer. 1991: The Club Esprit name is dropped due to a trademark conflict with a similarly named manufacturer of clothing . 1993: Club Esprit officially renamed WorldMark, The Club. 1998: Trendwest is spun off from Jeld-Wen, and Trendwest filed to become a closely held company recognized by the NYSE. At this time Jeld-Wen owned 80% of TrendWest, with the remaining being owned by TrendWest Management. May 2002: Cendant Corp. acquires Jeld-Wen’s interest in Trendwest. July 2002: By this time all shares in Trendwest had been tendered , and Trendwest became a wholly owned subsidiary of Cendant Corp, and part of the Wyndham WorldWide brand. April 2006: Cendant Corp spins off Wyndham WorldWide as a separate entity. April 2007: Wyndham WorldWide renames Trendwest as WorldMark by Wyndham.
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