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In an "Executive Decision" segment, Cramer sat down with Steve Holmes, chairman and CEO of Wyndham Worldwide (WYN) , which just reported strong quarterly results and announced that it will be splitting itself into a hotel company and a time share company.
Holmes said that most companies in his industry start with hotels, then add time shares, but Wyndham started the other way, which meant that they were never really as connected as some of their peers. Splitting the two will allow the true value of the company to be unlocked.
When asked about their time share business, Holmes said that after focusing on their existing customers, Wyndham is once again turning toward getting new owners into the time share market. He said his company's rental business in Europe is doing extremely well, but that model is difficult for investors in the U.S. to understand.
Cramer said that Holmes has made investors a lot of money and he can't wait to see what he does next.
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