Wyndham National Harbor site 40 percent sold out Missy Frederick Staff Reporter

While timeshare sales have suffered like most of the hospitality industry, Wyndham Vacation Resorts National Harbor is 40 percent sold and still has about eight more months to sell.
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If a vacation home sounds like an unattainable luxury in a recession, buy a timeshare instead.

That?s the pitch Adam Schwartz and his team at Wyndham Vacation Ownership have been using to sell shares in the company?s National Harbor resort, which opens in February. The resort is 40 percent sold out so far.

The project was announced in 2006 and construction began in August 2007.

When complete, Wyndham Vacation Resorts National Harbor will be the Orlando, Fla.-based company?s second timeshare project in the Washington area. The company made its local debut in 1999 when it opened a property in Old Town Alexandria. It?s now 92 percent sold out, about average capacity for a Wyndham property, according to Adam Schwartz, the company?s chief communications officer.