International Business News - Wyndham http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Wyndham Worldwide Corp., which operates hotels and vacation rentals, said Monday it appointed Eric A. Danziger as president and chief executive of the company's franchise group Wyndham Hotel Group. http://www.ibtimes.com/articles/20081117/wyndham-worldwide-appoints-ceo-of-franchise-group.htm Mon, 17 Nov 2008 09:59:25 EST Wyndham Worldwide Corp., which operates hotels and vacation rentals, said Monday it has closed on a new $943 million conduit facility backed by its timeshare receivables. http://www.ibtimes.com/articles/20081110/wyndham-worldwide-closes-on-943m-debt-facility.htm Mon, 10 Nov 2008 15:59:05 EST Wyndham Worldwide Corp., which operates hotels and vacation rentals, on Thursday cut its 2008 profit target and said it will incur a bigger-than-expected restructuring charge in the fourth quarter. http://www.ibtimes.com/articles/20081030/wyndham-cuts-2008-profit-revenue-target.htm Thu, 30 Oct 2008 07:56:31 EDT Wyndham Worldwide Corp., which operates hotels and vacation rentals, said Thursday third-quarter earnings jumped 21 percent on higher revenue from more hotel rooms and lower expenses. http://www.ibtimes.com/articles/20081030/wyndham-3q-profit-rises-21-percent.htm Thu, 30 Oct 2008 07:38:17 EDT Shares of Wyndham Worldwide Corp. plunged with the broader market on Monday after the hotel company announced changes to its timeshare business and restructuring charges. http://www.ibtimes.com/articles/20081006/wyndham-shares-plunge-after-charges-announced.htm Mon, 06 Oct 2008 15:48:03 EDT Wyndham Worldwide Corp. on Monday reaffirmed third-quarter earnings expectations amid restructuring charges as the company focuses on cash flow instead of sales growth in a tightening credit environment. http://www.ibtimes.com/articles/20081006/wyndham-affirms-3q-profit-outlook-to-post-charges.htm Mon, 06 Oct 2008 10:38:49 EDT Wyndham Worldwide Corp.'s shares fell Wednesday afternoon after an analyst lowered his 2009 estimates for the lodging company, citing lower room revenue, slower timeshare sales and an uncertain economic outlook. http://www.ibtimes.com/articles/20081001/wyndham-shares-fall-after-analyst-cuts-estimates.htm Wed, 01 Oct 2008 17:49:06 EDT The chief financial officer of Wyndham Worldwide Corp. said at an investor conference on Monday that there are alternatives to the asset-backed securities market for her company to create liquidity from its timeshare portfolio. http://www.ibtimes.com/articles/20080922/wyndham-cfo-cites-options-to-create-liquidity.htm Mon, 22 Sep 2008 18:18:24 EDT Wyndham Hotel Group announced Monday an exclusive agreement with a South Korean company to develop 20 Ramada Encore hotels throughout that country during the next six years. The move would nearly triple the brand's presence there. http://www.ibtimes.com/articles/20080825/wyndhams-ramada-to-expand-in-south-korea.htm Mon, 25 Aug 2008 09:48:47 EDT Wyndham Hotel Group announced Monday an exclusive agreement with a South Korean company to develop 20 Ramada Encore hotels throughout that country during the next six years. The move would nearly triple the brand's presence there. http://www.ibtimes.com/articles/20080825/wyndhams-ramada-to-expand-in-south-korea.htm Mon, 25 Aug 2008 08:21:30 EDT The hotel segment of Wyndham Worldwide Corp. said Wednesday it signed an agreement with Green Hospitality Management Co. of Tokyo to open nine hotels in Japan during the next five years under its Ramada and Days Inn brands. http://www.ibtimes.com/articles/20080820/wyndham-to-open-9-hotels-in-japan.htm Wed, 20 Aug 2008 08:02:20 EDT Among the earnings stories for Thursday, July 31, from AP Financial News: Wyndham Worldwide Corp. said Thursday that its second-quarter earnings gained 2 percent, beating Wall Street's profit expectations, although its revenue missed forecasts and it cut its full-year guidance. http://www.ibtimes.com/articles/20080731/earnings-roundup-wyndham-international-paper.htm Thu, 31 Jul 2008 14:28:34 EDT Wyndham Worldwide Corp., which franchises hotels and sells vacation timeshares, reduced its full-year earnings and revenue guidance on Thursday despite reporting that second-quarter profit gained 2 percent. http://www.ibtimes.com/articles/20080731/wyndham-worldwide-lowers-full-year-forecast.htm Thu, 31 Jul 2008 09:18:56 EDT Wyndham Worldwide Corp. said Thursday that its second-quarter earnings gained 2 percent, beating Wall Street's profit expectations, although its revenue missed forecasts and the company cut its full-year guidance. http://www.ibtimes.com/articles/20080731/wyndham-worldwide-2q-earnings-gain-2-percent.htm Thu, 31 Jul 2008 17:42:56 EDT Wyndham Worldwide Corp., which franchises hotels and sells vacation timeshares, reports second-quarter results on Thursday. The following is a summary of key developments and analyst opinion related to the period. http://www.ibtimes.com/articles/20080730/earnings-preview-wyndham-worldwide.htm Wed, 30 Jul 2008 20:18:12 EDT Standard & Poor's Ratings Services downgraded its corporate credit and senior unsecured debt ratings for Wyndham Worldwide Corp. on Tuesday citing the company's high level of leverage and predicting slowing growth through 2009. http://www.ibtimes.com/articles/20080722/s-p-cuts-ratings-on-wyndham-worldwide.htm Tue, 22 Jul 2008 14:32:49 EDT Wyndham Hotels and Resorts said Tuesday it will develop a luxury 251-unit oceanfront resort at Pirate's Bay on the west coast of Grand Turk Island, expanding the company's Caribbean and Mexican portfolio to 25 properties. http://www.ibtimes.com/articles/20080701/wyndham-hotels-moves-into-turks-and-caicos-market.htm Tue, 01 Jul 2008 12:36:23 EDT Hotel operator Wyndham Worldwide Corp. said Tuesday it will buy US Franchise Systems Inc., which includes the Microtel Inns & Suites and Hawthorn Suites hotel brands, from a unit of Global Hyatt Corp. http://www.ibtimes.com/articles/20080603/wyndham-to-buy-microtel-hawthorn-hotel-brands.htm Tue, 03 Jun 2008 07:22:07 EDT Wyndham Worldwide Corp.'s stock climbed Friday as analysts were relatively pleased with the hotel operator's first-quarter results amid an uncertain economy. http://www.ibtimes.com/articles/20080502/analysts-pleased-with-wyndhams-1st-quarter-performance.htm Fri, 02 May 2008 11:07:40 EDT Among the earnings stories for Thursday, May 1, from AP Financial News: PARSIPPANY, N.J. (AP)_ Hotel operator Wyndham Worldwide Corp. said Thursday its first-quarter profit dropped 51 percent on legacy and rebranding charges, but adjusted results surpassed analysts' estimates. http://www.ibtimes.com/articles/20080501/earnings-roundup-wyndham-worldwide-elizabeth-arden.htm Thu, 01 May 2008 10:48:16 EDT