Wyndham Vacation Ownership, the biggest time-share company on the planet has plans to develop its fifth property near the Rio All Suite hotel and Casino in Las Vegas. The company has announced its plan to build a 19-story Wyndham Desert Blue on

West Twain Avenue

at

Dean Martin Drive

. Wyndham also announcement was made during the Resort Development Association conference that is being held in Las Vegas. The project plans to start the fist phase of the construction works for the 281 condominium-style units by 2009 and it is expected to be finished by 2010.

“Our Las Vegas operations have continued to experience tremendous growth since our arrival in 2000. To date, we’ve sold nearly $1 billion worth of product in this market alone. We are committed to expanding our presence in this larger-than-life city and, once complete, Desert Blue will be one of the most in-demand properties in our portfolio.” said Franz Hanning, president and chief executive of Wyndham Vacation Ownership..

Wyndham’s latest  investment in Sin City counts with a total area of 14.75 acres and will consist of a variety of one, two and three-bedroom suites, including 50 Presidential suites.The project also plans to include a swimming pool, recreation area, computer room and library, game room and gym.Wyndham Desert Blue will be developed in three phases; however, the company hasn’t released any details about how many extra units would be added and when it’s likely to happen. With this project Wyndham will count with a total of 2,400 time-share units in the Las Vegas Hotel and real state market. The company already owns the WyndhamGrandDesert, the WorldMark Las Vegas; and the

WorldMark Las Vegas Spencer Street

.