Lone Pine Hikes Stake In Top Hotelier Wyndham

A filing in Form 13G by Stephen Mandel’s Lone Pine Capital revealed it had boosted its holding in Wyndham Worldwide Corporation (NYSE:WYN) to 5.2%.

Mandel is a ‘Tiger Cub’ who left Robertson in 1997 to float Lone Pine Capital. He is said to have $17B in AUM and is renowned for his stock-picking abilities.

Wyndham is one of the world’s largest hospitality companies. Its brands include the Wyndham Hotel Group, Wyndham Exchange & Rentals and Wyndham Vacation Ownership – all market leaders in their businesses.

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