SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT
                       PURSUANT TO SECTION 13 OR 15(d) OF
                       THE SECURITIES EXCHANGE ACT OF 1934

         Date of Report (Date of earliest event reported): June 12, 2000

                             TRENDWEST RESORTS, INC.
             (Exact name of registrant as specified in its charter)

         Oregon                         000-22979                93-1004403
(State or other jurisdiction      (Commission File No.)        (IRS Employer
   of incorporation)                                         Identification No.)

                               98052 Willows Road
                            Redmond, Washington 98052
                     (Address of principal executive office)

                                 (425) 498-2500
               (Registrant's telephone number including area code)


Item 2.  Acquisition or Disposition of Assets.

     Trendwest Resorts, Inc. has signed a definitive agreement with its majority
shareholder  JELD-WEN to acquire the JELD-WEN property located in Upper Kittitas
County in Washington  State. Part of the property being acquired by Trendwest is
the 6,200 acre site for the proposed MountainStar Resort. The Company intends to
develop  the  MountainStar  Resort  into a  destination  resort,  located on the
eastern  slopes of the  Cascade  Mountains  less than two hours from the Seattle
Metropolitan area.  Trendwest will also be acquiring JELD-WEN land designated as
an urban  growth area for the City of Cle Elum,  Washington.  It is  anticipated
that the acquisition will close by the end of June.

     The acquisition is structured as a stock purchase of a JELD-WEN  subsidiary
which owns the property. The aggregate purchase price is to $47,599,905.95.  The
purchase  price will be paid by a cash payment of  $25,000,000  at closing,  the
assumption by Trendwest of  $4,868,905.95  of debt and a promissory  note in the
principal  amount of $17,731,000.  The note bears interest at 9% per annum,  has
scheduled quarterly payments of principal and interest and is due and payable on
June 1, 2003.  The cash  portion of the  purchase  price will be funded  through
Trendwest's existing credit facilities.



Item 7.  Financial Statements, Pro Forma Financial Information and Exhibits

         (c) Exhibits

             10.1     Stock  Purchase Agreement between  Trendwest Resorts, Inc.
                      and JELD-WEN, inc. dated June 12, 2000.

             10.2     Form of Promissory Note

             99.1     Press Release dated June 12, 2000.



                                    SIGNATURE

     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
Company  has  duly  caused  this  report  to be  signed  on  its  behalf  by the
undersigned hereunto duly authorized.

                                                   TRENDWEST RESORTS, INC.


                                                   By: /s/ Timothy P. O'Neil
                                                       Timothy P. O'Neil
                                                       Chief Financial Officer