Wyndham’s Impressive China Growth Continues in 2011

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PARSIPPANY, N.J. 01-11-2011

After last year’s successful growth in China, Wyndham Hotel Group, part of Wyndham Worldwide Corporation (NYSE: WYN), is off to a strong start in 2011. The hotel company today announced the signing of a management agreement to open a Wyndham Hotels and Resorts® property in the major municipality city of Chongqing.
The 350-room Wyndham Chongqing North Hotel The 48-story, 350-room Wyndham Chongqing North Hotel, owned by Chongqing Bei Cheng Real Estate Development Co., Ltd., will be one of the tallest buildings in the Yubei district.
The announcement strengthens Wyndham Hotel Group’s position as the largest U.S.-based hotel company in China with 270 hotels representing over 42,000 rooms under the Wyndham Hotels and Resorts, Ramada®, Howard Johnson®, Days Inn® and Super 8® brands. With the addition of this new signing, there are now 13 Wyndham branded properties currently open or under development in China.
“China continues to be a key strategic focus for development in 2011,” said Eric Danziger, Wyndham Hotel Group President and Chief Executive Officer. “We are delighted to be working with one of the major real estate companies in the area, Chongqing Bei Cheng Real Estate Development Co., Ltd., for the first time on this exciting project in one of China’s thriving industrial centers.”
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