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. Wyndham’s solid Q3 results The stock hit a 52-week high last month, and in November…