| January 3, 2014
Hatteras Realty is sold to worldwideHatteras
Realty, one of the island’s largest real estate and property management
businesses has been sold to Wyndham Vacation Rentals, the world’s
largest professionally managed vacation rentals business.
company, Wyndham Vacation Rentals
By IRENE NOLAN
The sale was completed on Jan. 1.
Vacation Rentals is part of Wyndham Exchange & Rentals and the
Wyndham Worldwide family of brands, a publicly traded company on the
New York Stock exchange. (NYSE: WYN).
The former owner of
Hatteras Realty was Stewart Couch, who died at age 61 on last Feb. 21,
2012 while vacationing with friends in Nicaragua.
Couch was a
community leader who grew up on Hatteras Island and graduated from Cape
Hatteras School. He went to work for Wallace Beckham, then the owner of
Outer Beaches Realty in Avon.
Couch went on to purchase
the fledgling Hatteras Realty from former Hatteras islander Pete
Costenbader and to grow it into the company that it is today, one of
the largest on the island, with offices in Avon, Hatteras village, and
in an old, historic island cottage in Waves.
The company was
located in a cottage in Avon, back when Stewart bought it, John Couch,
Stewart’s brother, said in a news story about his death.
“He was driven,” John said, “to take something and make it as good as he could and to take it as far as he could.
“He loved his family. He loved his career. He loved Hatteras Island,” said John.
announcement of the sale to Hatteras Realty homeowners was made jointly
yesterday by Bob Milne, president of Wyndham Rentals North America and
Amy Helle, general manager of Hatteras Realty.
Today Helle had
this to say about the sale, “Joining a global hospitality leader like
Wyndham is great news not only for our employees but for our guests and
owners as well. Stewart Couch’s wish has always been to find a buyer
that would be an ideal fit -- one that has similar philosophies about
providing our guests the best vacation, our homeowners outstanding
property management, our sales clients superior brokerage services and
each of us a positive fun work environment in which we can fulfill our
professional and personal goals.
“Hatteras Realty and its
employees are thrilled to welcome Wyndham Vacation Rentals to Hatteras
Island,” she added. “The opportunities that Wyndham will open up for us
as a company are vast and the positive influence and exposure it will
provide for Hatteras Island can be seen worldwide.”
by one of the world’s largest hospitality companies, Wyndham Vacation
Rentals provides access to more than 100,000 vacation rental properties
in over 600 unique destinations worldwide.
the managed vacation rental segment, Wyndham works closely with
property owners to ensure all rentals meet its standards for customer
service, quality and comfort,” the company said in an e-mail. “With a
diverse and celebrated collection of more than 25 rental brands
including Canvas Holidays by Wyndham Vacation Rentals, Hoseasons by
Wyndham Vacation Rentals, James Villa Holidays by Wyndham Vacation
Rentals, Landal GreenParks®, Novasol® by Wyndham Vacation Rentals, and
The Resort Company® by Wyndham Vacation Rentals, Wyndham Vacation
Rentals delivers distinct vacation experiences, ranging from beachfront
condos, private homes, villas, castles and houseboats, with many
properties offering kitchens, washers and dryers, maid service, spa and
fitness centers, and golf courses.”
For additional information on the new owner, you can visit the media center or wyndhamvacationrentals.com. Wyndham Vacation Rentals also can be found on Facebook.
joining the Wyndham Vacation Rentals family,” the company said in its
e-mail to homeowners, “you will benefit from Wyndham's size and scale,
which brings opportunities to market Hatteras Realty to millions of new
consumers through our enhanced global distribution channels.”
part of this transaction, the company said that Helle and the entire
management team of Hatteras Realty will continue to serve homeowners
and work with them regarding the future management of their property.
the Wyndham e-mail said that “the hospitality professionals many of you
have come to know at Hatteras Realty will remain in their positions.”
company assured homeowners that it has “gone to great lengths to ensure
the transition will be transparent and smooth. With that said, we will
continue to focus on the day-to-day operations, including reservations,
housekeeping, front desk, accounting, and oversight and management of
your property. In addition, the terms, fees, and provisions of
your existing Property Management Agreement remain the same.”
For more information, you can go to the Hatteras Realty website at http://www.hatterasrealty.com/ or visit the company’s Facebook page.