Vacation Planning and Demystifying Timeshares from the Comfort of the Couch

Planning a vacation has never been easier – just ask the viewers that have already tuned in to RCI® TV more than 1 million times for advice on where to eat, stay and play in the most popular destinations around the globe. The web-based television network, once exclusive to RCI subscribing members, began granting public access in November 2009 to its entertaining and educational high-definition videos narrated by the enigmatic “RCI Guy” on www.RCI.com. This 1 million-view milestone demonstrates that travelers are interested in not only learning more about the timeshare industry, but also visiting the hundreds of RCI’s more than 4,000 resorts who are showcasing their vacation destinations in high-definition video on-line. To celebrate this landmark number, RCI is giving away a choice of either an all-inclusive vacation at an RCI affiliated resort for up to four people valued at up to $5,000 USD for one week at any one of the stunning all-inclusive properties featured on RCI TV, or a one week stay for up to four people at any of the beautiful non all-inclusive “Resort Showcase” properties featured on RCI TV.

Recognizing that timeshare is still unfamiliar territory for many, RCI, the global leader in vacation exchange and one of the Wyndham Worldwide family of brands (NYSE: WYN), launched RCI TV in an effort to more heavily promote the benefits of owning or vacationing in a timeshare resort through a network of channels including: An Inside Look, What You Need to Know, Ask the RCI Guy, Resort Showcase, All Inclusive Resorts and Destination Reviews. Through tailored on-line and on-air programming, RCI provides travelers with answers to the age-old questions – How do timeshares work? What is the quality of the resorts, houses, condos and villas? Why are timeshare resorts the preferred vacation option for over 6 million owners and millions more non-owners who like the space, comfort, amenities and value that they offer?

“Since inventing the concept of timeshare exchange more than 35 years ago, RCI has been devoted to providing innovative technology and marketing solutions that add value for both our members and our affiliates,” said Geoff Ballotti, CEO, RCI. “The overwhelming usage and success of RCI TV is beyond anything we originally envisioned when we launched it nearly a year ago. Moms and dads who are planning vacations want to see more than just pretty pictures as they plan their vacations. They want to be able to show their kids and email their friends links to beautiful videos that show where they’re headed or where they’ve just returned from as a family. With RCI TV surpassing 1 million views in such a short period of time, we’re happy that we’re giving our members what they’re looking for in this regard. Our commitment to adding more high-def video programming is stronger than ever and film crews are spanning the globe to bring these vacation resorts and destinations to life on peoples’ home computers, laptops, tablets and iPhones®. And most importantly, once a vacationer has experienced what we offer on RCI TV, our commitment is to then link them back to our affiliates’ websites, so that they can tell them more about their resorts.”

RCI also has notably made its debut into the mobile marketing world with the launch of an RCI application for the iPhone®, iPod touch® and iPadTM available through the Apple Store® retail store services. The RCI TV feature grants users immediate access to a list of featured Destination Channel videos currently available on RCI.com that they can then share or save. Additionally, RCI has launched a YouTube Channel (http://www.youtube.com/rcitimeshare) that contains dozens of quality resort videos from RCI TV that showcase affiliated properties around the world. These new resources enhance the trip planning process for savvy travelers who tweet, text and blog and allows users to share vacation experiences with their social networks.

Consumers can visit http://rcisurvey.bgtpartners.com/rci-promotion.aspx to enter to win and can use their Resort & Residence TV promo code, ‘ThinkBig,’ for an extra 10 chances to win.

NO PURCHASE NECESSARY. The RCI® TV Prize Draw is open to legal residents of the fifty (50) United States (including D.C.) and Canada (excluding Quebec) who are at least twenty-one (21) years old at the time of entry.  See the link above for Official Rules, prize description and odds disclosure. Void where prohibited.

iPhone®, iPod touch® , and Apple Store® are registered trademarks of Apple Inc., and iPadTM  is a trademark of Apple, Inc. This press release is an independent announcement and has not been authorized, sponsored or otherwise approved by Apple Inc.

About RCI
RCI is part of Wyndham Exchange & Rentals, the worldwide leader in vacation exchange and the European leader in vacation rentals, with exclusive access for specified periods to more than 65,000 vacation properties in approximately 100 countries. Wyndham Exchange & Rentals is comprised of vacation exchange, including RCI, the worldwide leader in vacation exchange and provider of travel services to businesses and consumers and The Registry Collection program, the world’s largest luxury exchange program; vacation rentals, including Endless Vacation Rentals, Landal GreenParks®, Novasol®, and other renowned vacation rental brands, through which vacationers can rent a variety of property types, from city apartments to villas; and NorthCourse® Leisure Real Estate Solutions, a research and consultancy firm providing advisory services to the global leisure real estate industry. Wyndham Worldwide Corporation is one of the world’s largest hospitality companies with leading brands in lodging franchising, vacation ownership, vacation rentals and vacation exchange. For additional information visit our media center.

Wyndham Worldwide Corporation (NYSE:WYN) today announced its Board of Directors declared a cash dividend of $0.12 per share on its common stock, payable June 11, 2010 to shareholders of record as of May 27, 2010.

About Wyndham Worldwide Corporation
As one of the world’s largest hospitality companies, Wyndham Worldwide offers individual consumers and business-to-business customers a broad suite of hospitality products and services across various accommodation alternatives and price ranges through its premier portfolio of world-renowned brands. Wyndham Hotel Group encompasses approximately 7,090 franchised hotels and approximately 593,300 hotel rooms worldwide. Wyndham Exchange & Rentals offers leisure travelers, including its 3.8 million members, access to over 65,000 vacation properties located in approximately 100 countries. Wyndham Vacation Ownership develops, markets and sells vacation ownership interests and provides consumer financing to owners through its network of over 155 vacation ownership resorts serving over 820,000 owners throughout North America, the Caribbean and the South Pacific. Wyndham Worldwide, headquartered in Parsippany, N.J., employs approximately 25,000 employees globally.

For more information about Wyndham Worldwide, please visit the Company’s website at www.wyndhamworldwide.com.

Wyndham Worldwide Corporation (NYSE:WYN) today announced results for the three months ended March 31, 2010.

FIRST QUARTER HIGHLIGHTS:

* Adjusted first quarter 2010 diluted earnings per share (EPS) was $0.34, compared with Company-issued guidance of $0.27 – $0.32.
* Reported first quarter 2010 diluted EPS was $0.27, compared with $0.25 in the first quarter of 2009.
* Free cash flow, which the Company defines as net cash from operations less capital expenditures, equity investments and development advances, increased 7% to $166 million in the first quarter of 2010, compared with $155 million during the same period in 2009.
* For the quarter, the Company repurchased approximately 757,000 shares of its common stock at an average price of $24.20. The repurchase program was reactivated on February 19, 2010.
* As previously announced, the Company tripled its quarterly dividend, paying its first dividend at the $0.12 per share level on March 15, 2010.

“Each of our three business units met or exceeded expectations in the first quarter, delivering terrific results while continuing to generate strong free cash flow.  We are seeing great momentum at Wyndham Hotels and Resorts, with our flagship brand gaining significant market presence this year.  Wyndham Exchange & Rentals continues to deliver stable, fee-for-service results from two fantastic business models, and Wyndham Vacation Ownership is performing better than ever, reflecting transformational changes implemented over the past 18 months,” said Stephen P. Holmes, chairman and CEO, Wyndham Worldwide. “We are sharply focused to execute on our growth opportunities, not only as the economy recovers, but well into the future.”

FIRST QUARTER 2010 OPERATING RESULTS
First quarter revenues of $886 million declined 2% from the prior-year period, due to the fact that first quarter 2009 revenues included a $67 million benefit from the recognition of revenues previously deferred under the percentage-of-completion (POC) accounting method associated with the Company’s Vacation Ownership business. Excluding the effects of the POC method of accounting and favorable foreign currency of $12 million, adjusted revenue grew by 5%. The Company has decided to alter its business approach so that POC deferred revenue is eliminated going forward.

Reported net income for the first quarter of 2010 grew 11% to $50 million, or $0.27 per diluted share, compared with net income of $45 million, or $0.25 per diluted share, for the first quarter of 2009.

Adjusted net income for the first quarter of 2010 was $64 million, or $0.34 per diluted share, compared with $74 million, or $0.41 per diluted share, in the first quarter of 2009. The 2010 results reflect the absence of deferred revenues from the POC method of accounting included in 2009 and higher interest expense.

Excluded from the first quarter of 2010 adjusted net income are after-tax costs of $10 million associated with the early extinguishment of debt, $3 million of expenses related to the acquisition of Hoseasons Holdings Ltd. and $1 million of legacy expenses. Excluded from the first quarter of 2009 adjusted net income are after-tax costs of $27 million related to restructuring and $2 million of legacy expenses.

BUSINESS UNIT RESULTS
Lodging (Wyndham Hotel Group)
Revenues were $144 million in the first quarter of 2010, a decline of 6% compared with the first quarter of 2009, primarily reflecting a decline in RevPAR of 6.8% or 8.7% in constant currency.

First quarter 2010 EBITDA was $33 million compared with $38 million of adjusted EBITDA in the first quarter of 2009, which excluded $3 million of restructuring costs. The decrease reflects the decline in RevPAR, which was partially offset by expense reductions.

As of March 31, 2010, the Company’s hotel system consisted of approximately 7,090 properties and 593,300 rooms, of which 22% were international. The development pipeline included approximately 910 hotels and 106,500 rooms, of which 53% were new construction and 45% were international.

Vacation Exchange and Rentals (Wyndham Exchange & Rentals)
Revenues were $300 million in the first quarter of 2010, a 5% increase compared with the first quarter of 2009. In constant currency, revenues were flat.

Exchange revenues were $189 million, a 2% increase compared with the first quarter of 2009. In constant currency, exchange revenues were flat compared with the first quarter of 2009, reflecting relatively flat performance in exchange revenue per member and average number of members.

Vacation rental revenues were $105 million, a 9% increase compared with the first quarter of 2009. In constant currency, vacation rental revenues increased 2% compared with the first quarter of 2009, reflecting the acquisition of UK rental brand Hoseasons, which closed in March.

First quarter 2010 Exchange and Rentals adjusted EBITDA was $84 million, which excluded $4 million of costs related to the Hoseasons acquisition, compared with $80 million in the first quarter of 2009, which excluded $4 million of restructuring costs. Excluding a favorable net effect of foreign currency of $2 million, first quarter 2010 adjusted EBITDA increased 3% compared with the first quarter of 2009.

Vacation Ownership (Wyndham Vacation Ownership)
Gross Vacation Ownership Interest (VOI) sales were $308 million in the first quarter of 2010, up 10% from the first quarter of 2009, reflecting an increase of 25% in volume per guest, partially offset by a 10% decrease in tour flow consistent with the Company’s planned restructuring of the business.

Total segment revenues were $444 million in the first quarter of 2010 compared with $462 million in the first quarter of 2009, which included the recognition of $67 million of previously deferred POC revenues. This unfavorable impact was partially offset by the increase in gross VOI sales and a reduction in the provision for loan losses of $21 million, primarily related to improved credit metrics of the portfolio.

EBITDA for the first quarter of 2010 was $82 million, compared with adjusted EBITDA of $79 million in the first quarter of 2009, which excluded $35 million of restructuring costs. Excluding an estimated $31 million impact from the POC method of accounting in the first quarter of 2009, first quarter 2010 adjusted EBITDA increased 71%, reflecting the increase in gross VOI sales and the lower provision for loan losses.
Other Items

* The Company repurchased approximately 757,000 shares of stock during the first quarter of 2010 at an average price of $24.20 and an additional 474,000 shares at an average price of $26.53 through April 27, 2010.
* Interest expense in the first quarter of 2010 was $50 million, an increase of $31 million from the first quarter of 2009, reflecting a $16 million charge primarily related to the early extinguishment of the Company’s term loan facility in March 2010 and higher interest expense related to long-term debt issuances in May 2009 and February 2010.
* On March 29, 2010, the Company closed on a new $950 million revolving credit facility, which matures October 1, 2013.

Balance Sheet Information as of March 31, 2010:

* Cash and cash equivalents of approximately $165 million, compared with $155 million at December 31, 2009
* Vacation ownership contract receivables, net, of $3.0 billion, compared with $3.1 billion at December 31, 2009
* Vacation ownership and other inventory of approximately $1.3 billion, unchanged from December 31, 2009
* Securitized vacation ownership debt of $1.5 billion, unchanged from December 31, 2009
* Other debt of $2.1 billion, compared with $2.0 billion at December 31, 2009, reflecting an increase in fair value of the conversion feature related to the Company’s convertible notes. The remaining borrowing capacity on the revolving credit facility was $721 million, compared with $869 million as of December 31, 2009.

A schedule of debt is included in the financial tables section of this press release.
Outlook

The Company increased full-year 2010 guidance:

* Revenues increased to $3.6 – $3.9 billion from $3.5 – $3.9 billion
* Adjusted EBITDA increased to $805 – $840 million from $775 – $825 million
* Adjusted diluted EPS increased to $1.56 – $1.71 from $1.48 – $1.69

For the second quarter of 2010, the Company expects adjusted diluted EPS of $0.38 – $0.42 based on weighted average shares of 189 million.

The guidance reflects assumptions used for internal planning purposes. All guidance excludes legacy items, restructuring costs, debt extinguishment and acquisition costs, if any, which may have a positive or negative impact on reported results. If economic conditions change materially from current levels, these assumptions and our guidance may change materially.

Conference Call Information
Wyndham Worldwide Corporation will hold a conference call with investors to discuss this news on Wednesday, April 28, 2010 at 8:30 a.m. EDT. Listeners may access the webcast live through the Company’s website at www.wyndhamworldwide.com/investors/.  An archive of this webcast will be available at the website for approximately 90 days beginning at noon EDT on April 28, 2010. The conference call may also be accessed by dialing (800) -369-2052 and providing the passcode “WYNDHAM.” Listeners are urged to call at least 10 minutes prior to the scheduled start time. A telephone replay will be available for approximately 90 days beginning at noon EDT on April 28, 2010, at (888) -566-0509.

Presentation of Financial Information
Financial information discussed in this press release includes both GAAP and non-GAAP measures, which include or exclude certain items. These non-GAAP measures differ from reported results and are intended to illustrate what management believes are relevant period-over-period comparisons.  A complete reconciliation of reported GAAP results to the comparable non-GAAP information appears in the financial tables section of the press release.

About Wyndham Worldwide Corporation
As one of the world’s largest hospitality companies, Wyndham Worldwide offers individual consumers and business-to-business customers a broad suite of hospitality products and services across various accommodation alternatives and price ranges through its premier portfolio of world-renowned brands. Wyndham Hotel Group encompasses approximately 7,090 franchised hotels and approximately 593,300 hotel rooms worldwide. Wyndham Exchange & Rentals offers leisure travelers, including its 3.8 million members, access to over 65,000 vacation properties located in approximately 100 countries. Wyndham Vacation Ownership develops, markets and sells vacation ownership interests and provides consumer financing to owners through its network of over 155 vacation ownership resorts serving over 820,000 owners throughout North America, the Caribbean and the South Pacific. Wyndham Worldwide, headquartered in Parsippany, N.J., employs approximately 25,000 employees globally.

For more information about Wyndham Worldwide, please visit the Company’s website at www.wyndhamworldwide.com.

Resort in renowned Colorado ski area extends relationship with the world’s largest vacation exchange program.

RCI, the worldwide leader in vacation exchange and one of the Wyndham Worldwide family of brands (NYSE: WYN), and The Christie Lodge in Avon, Colorado, recently announced the renewal of their longstanding affiliation agreement.

Pictured from left to right at the American Resort Development Association (ARDA) 2010 Convention and Exposition in Las Vegas, Nevada, are Gordon Gurnik, president of RCI North America; Lisa Siegert-Free, general manager, The Christie Lodge; and Geoff Ballotti, CEO, RCI.

“We are honored and extremely pleased to continue this great relationship with The Christie Lodge,” said Geoff Ballotti, CEO, RCI. “The fantastic location of this resort along with the quality of its accommodations offers a vacation experience that is consistent with what our members are seeking.”

Located in Avon, Colorado, The Christie Lodge is only one block away from the new Avon Gondola with direct access to Beaver Creek. The resort boasts 280 one- and three-bedroom condos and amenities that will accentuate any trip to the Colorado Rockies.

“It is an easy decision to continue working with RCI,” said Lisa Siegert-Free, general manager, The Christie Lodge. “RCI is the world’s largest vacation exchange company and maintaining access to their network is very valuable for our resort and owners.”

About RCI
RCI is part of Wyndham Exchange and Rentals, the worldwide leader in vacation exchange and the European leader in vacation rentals, with exclusive access for specified periods to more than 65,000 vacation properties in approximately 100 countries.

Wyndham Exchange and Rentals is comprised of vacation exchange, including RCI, the worldwide leader in vacation exchange and provider of travel services to businesses and consumers and The Registry Collection program, the world’s largest luxury exchange program; vacation rentals, including Endless Vacation Rentals, Landal GreenParks®, Novasol®, and other renowned vacation rental brands, through which vacationers can rent a variety of property types, from city apartments to villas; and NorthCourse® Leisure Real Estate Solutions, a research and consultancy firm providing advisory services to the global leisure real estate industry. Wyndham Worldwide Corporation is one of the world’s largest hospitality companies with leading brands in lodging franchising, vacation ownership, vacation rentals and vacation exchange. For additional information visit our media center.

Wyndham Exchange & Rentals, the worldwide leader in vacation exchange and the European leader in vacation rentals and one of the Wyndham Worldwide family of companies (NYSE: WYN), today announced it was named one of the 2010 ‘Best Places to Work’ in New Jersey at a ceremony held last Thursday evening at the Hilton East Brunswick.

“We are both honored and humbled to be recognized as one of the Best Places to Work in New Jersey where our global headquarters is located,” said Geoff Ballotti, president and CEO, Wyndham Exchange & Rentals. “It is because of our passionate, dedicated and incredibly enthusiastic associates that we continue to generate tremendous engagement and a caring community culture throughout our offices here in New Jersey and around the world.”

Created in 2005 by NJBIZ, the award was designed to identify, recognize and honor the best places of employment in New Jersey that benefit the state’s economy, workforce and businesses. The 2010 Best Places to Work in New Jersey program consisted of 55 companies split into two groups: 30 medium-sized companies (25-249 employees) and 25 large-sized companies (more than 250 employees), the category in which Wyndham Exchange & Rentals was honored.

To be considered for participation, companies had to fulfill the following eligibility requirements:
• Have at least 25 employees in New Jersey
• Be a for-profit or not-for-profit business or government entity
• Be a publicly or privately held business
• Have a facility in the state of New Jersey

Companies from across the state entered a two-part process that determined the top companies and final rankings. The first part consisted of evaluating each nominated company’s workplace policies, practices and demographics, and the second part consisted of an employee survey to measure the employee experience.

“We are also honored that our Indianapolis location was named among the top companies to work for in Indiana in 2010 for the second year in a row,” added Ballotti. “Our companywide service platform, Count On Me!, places an emphasis on being responsive, respectful and delivering a great experience to all those we work with and serve. It is this platform, backed by the most passionate people in the industry that enables us to truly differentiate ourselves from other companies.”

About Wyndham Exchange & Rentals
Wyndham Exchange & Rentals, part of the Wyndham Worldwide family of companies (NYSE: WYN), is the worldwide leader in vacation exchange and the European leader in vacation rentals, with exclusive access for specified periods to more than 65,000 vacation properties in approximately 100 countries. Wyndham Exchange & Rentals is comprised of vacation exchange, including RCI, the worldwide leader in vacation exchange and provider of travel services to businesses and consumers and The Registry Collection program, the world’s largest luxury exchange program; vacation rentals, including Endless Vacation Rentals, Landal GreenParks®, Novasol®, and other renowned vacation rental brands, through which vacationers can rent a variety of property types, from city apartments to villas; and NorthCourse® Leisure Real Estate Solutions, a research and consultancy firm providing advisory services to the global leisure real estate industry. Wyndham Worldwide Corporation is one of the world’s largest hospitality companies with leading brands in lodging franchising, vacation ownership, vacation rentals and vacation exchange. For additional information visit our media center.

WyndhamGreen’s Sustainability Effort Benefits Consumers and the Lives of Future Generations

Wyndham Worldwide (NYSE:WYN), one of the world’s largest hospitality companies, with its commitment to global sustainability proudly announces “WyndhamGreen Kids,” a program designed to teach children ages three to fourteen about our environment, our community, and our world. Children from all around the world will be able to learn how to take care of our planet using our six core strategies: Energy conservation, Water conservation, Recycling/re-using, Education, Community Involvement, and Innovation.

Wyndham Worldwide is celebrating Earth Day by educating kids about sustainability locally at its headquarters in Parsippany, NJ as well as nationally through the WyndhamGreen Kids website where children can find workbook activities and hands-on activities arranged by their local environmental organizations.

“We are proud to be one of the first hospitality companies to launch a dedicated sustainability program for children,” said Faith Taylor, Wyndham Worldwide vice president, sustainability and innovation. “This program is just one pillar of Wyndham’s overall commitment to sustainability. As a global company, we are committed to conserving resources, preserving natural habitats and preventing pollution in order to meet the needs of our customers and the lives of future generations.”

WyndhamGreen by Wyndham Worldwide, the company’s recently launched sustainability program, is seizing the opportunity to manage energy consumption as a part of the Company’s overall green strategy across its businesses and brands, which together encompass nearly 70,000 properties in 100 countries. Due to its numerous brands, properties and distribution points, WyndhamGreen is expected to have a large impact on the Company’s overall carbon footprint.

The recently released WyndhamGreen Global Best Practices document showcases the company’s initiatives in energy and water conservation, recycling, education, community programs and innovation. Kicking off the company’s commitment is Wyndham Worldwide’s Silver LEED certified 250,000-square-foot headquarters, located in Parsippany, New Jersey. The building is expected to reduce water, energy and waste by 10 to 30 percent. The Company also recently received the “Green Pioneer” award from ConEdison Solutions for purchasing 100 percent of the building’s electricity from wind generation.

Wyndham Hotel Group, the world’s largest hotel company with more than 7,000 hotels and 11 brands, is implementing the EarthSmart linen reuse program to save resources and operational costs. The company’s Super 8®, Howard Johnson®, Travelodge®, Days Inn® and Ramada® brands currently participate.

The Wyndham Hotels and Resorts brand developed uniforms spun from recycled plastic bottles. Each uniform requires 66 percent less energy and 90 percent less water to produce than a standard uniform. The upscale hotel chain’s Wyndham ClearAir(sm) initiative features allergy-friendly rooms designed at improving air quality. The Wyndham chain also incorporates ecologically-friendly initiatives including use of energy-efficient compact fluorescent lighting; low-flow water practices; EarthSmart guest linen reuse program; Starbucks® organic coffees in its restaurants; guestroom key cards made from recycled material; biodegradable guest laundry bags; and numerous recycling efforts.

Wyndham Exchange & Rentals, the worldwide leader in vacation exchange and the European leader in vacation rentals, saved 1.3 million kilowatts annually at its Parsippany headquarters and Indianapolis call center by replacing lighting fixtures and bulbs and installing motion sensors to control lighting and heating, ventilation and air conditioning units. Last year, RCI was the first in the vacation exchange industry to begin printing all of its resort directories and Endless Vacation magazines for members on FSC (Forest Stewardship Council) paper. RCI also converted vacation confirmations and notifications to members from direct mail to e-mail, saving more than 5 million pieces of paper and an estimated 435 trees.

Wyndham Vacation Ownership, the world’s largest vacation ownership business, provides low- and no-phosphate laundry and dish detergent in its resorts, an initiative that has reduced pollutants by 90,000 pounds since its inception in 2008.

Wyndham Vacation Ownership’s Asia Pacific division developed a sustainable destination resort on the Australian island Tasmania that practices conservation of biodiversity and restoration of the natural habitat. The resort utilizes a state-of-the art wastewater treatment plant, and its villas were designed to resemble sea shells to fit into the environment.

Globally Wyndham Worldwide received recognition in Two Tomorrows Top 10 Sustainable rankings. In Europe, Wyndham’s Exchange & Rental Holiday Cottages Group was awarded the Green Tourism Business Scheme (GTBS) Silver Award, which is the United Kingdom’s recognition for green tourism. While in the United States, Wyndham was named to Newsweek’s Green Ranking as one of the top 100 greenest companies in America and was just recently announced as a finalist in the USGBC’s fourth annual “Building a Greener New Jersey” award, which will be announced on May 20, 2010. Wyndham Worldwide is one of three finalists in the Corporate Commitment category.

About Wyndham Worldwide Corporation
As one of the world’s largest hospitality companies, Wyndham Worldwide offers individual consumers and business-to-business customers a broad suite of hospitality products and services across various accommodation alternatives and price ranges through its premier portfolio of world-renowned brands. Wyndham Hotel Group encompasses approximately 7,110 franchised hotels and approximately 597,700 hotel rooms worldwide. Wyndham Exchange & Rentals offers leisure travelers, including its 3.8 million members, access to over 65,000 vacation properties located in approximately 100 countries. Wyndham Vacation Ownership develops, markets and sells vacation ownership interests and provides consumer financing to owners through its network of over 155 vacation ownership resorts serving over 820,000 owners throughout North America, the Caribbean and the South Pacific. Wyndham Worldwide, headquartered in Parsippany, N.J., employs approximately 25,000 employees globally.

For more information about Wyndham Worldwide, please visit the Company’s web site at www.wyndhamworldwide.com.

Sweepstakes recognizes RCI affiliates’ sales teams; 80 iPod® Touches will be given away leading up to final award celebration

RCI, the global leader in vacation exchange and one of the Wyndham Worldwide family of brands (NYSE: WYN), today announced the launch of the “RCI’s Transforming Your Success Sweepstakes” resort salesperson incentive program where RCI will award four iPod® Touches each week throughout the 20-week program and a Grand Prize one-week vacation at an RCI affiliated resort including airfare to the vacation destination, accommodations, car rental during the vacation and spending money. The goal of the program, which will run through September 6, 2010, is to reward resort sales staff for their efforts and to recognize the important contribution they make to the vacation ownership industry.

During the 20 consecutive weeks, the contest manager at each qualifying RCI affiliated resorts will submit the name of their top salesperson for that week and one Weekly First Prize Winner and three Weekly Second Prize Winners will be randomly selected from the names submitted for that week. Each Winner will received an iPod® Touch. The Weekly First Prize Winners will also be invited to a final event recognizing the top sales people. At the end of the 20 weeks, the 20 Weekly First Prize Winners, along with his or her sales manager, will be invited to the RCI Grand Prize Event as guests of RCI. During the event, one of the Weekly First Prize Winners will be selected randomly as the Grand Prize Winner and receive a one-week vacation at an RCI affiliated resort including airfare, accommodations, car rental and spending money.

“This is the third year in a row that we’re recognizing the contributions of our affiliates’ sales teams and we’re excited to once again celebrate and show our appreciation to their talented sales associates,” said Geoff Ballotti, CEO, RCI. “Because of last year’s tremendous success, we’ve expanded the reach of affiliated resorts that can participate. We realize that the dedication, commitment and hard work of their salespeople are crucial to the success of their resort along with the timeshare industry, and we’re very excited to highlight and recognize their efforts.”

At the recent American Resort Development Association (ARDA) 2010 Convention and Exposition in Las Vegas, Nevada, RCI unveiled the newest of its technology initiatives: two new RCI® applications for the iPhone® digital mobile device. The RCI TV application for the iPhone and iPod® touch, currently available through the Apple® store, grants users immediate access to the quality destination videos currently available on RCI.com that they can then share or save. The RCI SnapBook™ application allows users to capture pictures, videos, voice memos and texts on their iPhone during a vacation, with the application automatically logging when and where the event took place.

The “RCI’s Transforming Your Success Sweepstakes” is open to qualifying RCI Affiliates in the United Sates (including D.C.), Canada (except Quebec), Mexico, Aruba, Dominican Republic and St. Maarten. Affiliated resorts can ask their RCI account executive for more information. No purchase is necessary; to view complete rules log in to www.rciaffiliates.com.

* iPhone®, iPod®  and Apple® are registered trademarks of Apple Inc. This press release is an independent announcement and has not been authorized, sponsored or otherwise approved by Apple Inc.

About RCI
RCI is part of Wyndham Exchange and Rentals, the worldwide leader in vacation exchange and the European leader in vacation rentals, with exclusive access for specified periods to more than 65,000 vacation properties in approximately 100 countries. Wyndham Exchange and Rentals is comprised of vacation exchange, including RCI, the worldwide leader in vacation exchange and provider of travel services to businesses and consumers and The Registry Collection program, the world’s largest luxury exchange program; vacation rentals, including Endless Vacation Rentals, Landal GreenParks®, Novasol®, and other renowned vacation rental brands, through which vacationers can rent a variety of property types, from city apartments to villas; and NorthCourse® Leisure Real Estate Solutions, a research and consultancy firm providing advisory services to the global leisure real estate industry. Wyndham Worldwide Corporation is one of the world’s largest hospitality companies with leading brands in lodging franchising, vacation ownership, vacation rentals and vacation exchange.

For additional information visit www.wyndhamer.com or the media center of www.wyndhamworldwide.com.

RCI to co-host Shared Ownership Summit at the Middle East’s leading hotel investment event

RCI, the global leader in vacation exchange and one of the Wyndham Worldwide family of brands (NYSE: WYN), will partner with Middle East Economic Digest (MEED) and Bench Events, organizers of AHIC, to host industry leaders at the 2010 Middle East Shared Ownership Summit.

The Shared Ownership Summit is part of the three-day AHIC programme which will take place 1 -3 May at the Madinat Jumeirah, Dubai, UAE, with the half-day Summit taking place on Saturday, 1 May. For a complete list of regional and international leaders who will be speaking at the Summit, please visit www.arabianconference.com.

Shared ownership refers to a set of leisure oriented real estate and hospitality products that include timeshare, fractional, private residence club and destination clubs. Timeshare, or vacation ownership as it is often called, is very well established in Middle East and North Africa (MENA) markets like Egypt with industry observers more recently noting the tremendous potential for both vacation ownership and fractional development in Dubai and other key Arabian Gulf leisure destinations.

Attendees will hear firsthand from the leaders of some of the most successful regional and global vacation ownership companies, whose experience will help highlight opportunities for growth in MENA. Similarly, leaders from companies who helped pioneer the luxury branded residential and private residence club concepts will serve as trend spotters as they consider how luxury brands will unlock value from real estate products in the future.

The Summit will offer significant value to timeshare and fractional developers as they share best practices, receive industry updates and explore new opportunities.

“The Shared Ownership Summit offers hospitality companies and mixed-use developers an efficient forum in which to better understand the immediate benefits and long-term value that vacation ownership can infuse in their overall business strategy,” said Jeff Tisdall, managing director, RCI MENA. “We are encouraged by the continued strong interest international vacation ownership companies are expressing in the Dubai market.

The Summit offers international companies a venue to explore opportunities to enter the regional market via partnership or through outright asset acquisition.”

“We are honoured to have such an experienced set of business leaders confirmed as Shared Ownership Summit speakers,” said Jonathan Worsley of Bench Events. “This really is an unprecedented gathering of vacation ownership, fractional and luxury residential development leaders.”

Summit attendees will not only receive a copy of the 2010 Shared Ownership Study including important global and regional industry updates, but also experience three essential panel discussions. The first panel will aim to provide attendees with the tools and insights they need to determine if now is the right time to add Shared Ownership to their business strategy. A second panel discussion focuses on the latest sales and marketing insights, solutions and alternative approaches to developing sales capabilities. The luxury segment discussion considers recent innovations in the category and takes a look forward to consider how luxury brands will unlock value from real estate products in the future.

“This is a very timely discussion as the Middle East and North Africa region has seen significant innovations in the luxury segment,” said Gregg Anderson, vice president, The Registry Collection program. “This is a great opportunity for firms to consider how they will position themselves to capture new opportunities in the future.”

In addition, Jeff Tisdall, managing director, RCI MENA, will offer a sneak preview of the Summit when he hosts a free webinar on 7 April. The webinar will share an advance look at trends and opportunities in hotel shared ownership and reveal the potential of timeshare, fractional and private residence club concepts to the real estate development and hospitality industry. Those interested in attending the free webinar can register at www.arabianconference.com/webinar.

About The Shared Ownership Summit
The Shared Ownership Summit is offered as an optional upgrade to attendees of the Arabian Hotel Investment Conference. It will also be possible to register directly in the Shared Ownership Summit. The Summit begins at 1:00pm on Saturday, May 1, 2010 and is immediately followed by a reception and networking event. For registration details please call 00971 (0)4 390 0049, email ahic@meed-dubai.com or visit www.arabianconference.com.

About RCI
RCI is part of Wyndham Exchange and Rentals, the worldwide leader in vacation exchange and the European leader in vacation rentals, with exclusive access for specified periods to more than 65,000 vacation properties in approximately 100 countries. Wyndham Exchange and Rentals is comprised of vacation exchange, including RCI, the worldwide leader in vacation exchange and provider of travel services to businesses and consumers and The Registry Collection® program, the world’s largest luxury exchange program; vacation rentals, including Endless Vacation Rentals®, Landal GreenParks®, Novasol®, and other renowned vacation rental brands, through which vacationers can rent a variety of property types, from city apartments to villas; and NorthCourse® Leisure Real Estate Solutions, a research and consultancy firm providing advisory services to the global leisure real estate industry. Wyndham Worldwide Corporation is one of the world’s largest hospitality companies with leading brands in lodging franchising, vacation ownership, vacation rentals and vacation exchange.
For additional information visit www.wyndhamer.com or the media center of www.wyndhamworldwide.com.

Bench Events
Bench Events has a long track record of hosting the premier hotel investment events in the world. Bench Events’ Chairman, Jonathan Worsley, is one of the organisers and founders of the highly successful International Hotel Investment Forum now in its thirteenth year (www.berlinconference.com). In 2005, he was responsible for launching the Arabian Hotel Investment Conference in Dubai and in 2008 launched the Russia & CIS Hotel Investment Conference which was a sell out success (www.russia-cisconference.com). Bench Event’s sister company, JW Bench, is a benchmarking company that has successfully launched the Conference Bench and the Productivity Bench. An industry first, the Conference Bench, measures performance data for conference and banqueting space in hotels in Stockholm, Oslo, London, Brussels with other capital cities contributing shortly. www.benchevents.com

MEED
For 50 years business leaders have been relying on MEED (Middle East Economic Digest) to give them a wealth of factual, unbiased business information that they need to be successful. The MEED brand represents an unrivalled portfolio of high calibre business information products, online services and premier networking events. MEED Conferences is part of the leading information brand in the Middle East working to provide delegates with the very latest business sensitive information. Over the past 12 years, MEED Conferences has organised events attended by senior government officials and thousands of international business people. The conference series is aimed at companies actively seeking business in the markets of the Middle East. MEED is well established as the source of strategic and accurate regional information placing it in a unique position to bring together high-calibre speakers. www.meed.com

Endless Vacation Rentals (EVR), one of the Wyndham Worldwide family of brands (NYSE: WYN), recently honored the top 20 agents from its VacationRentals4Agents.com program at a special event held at the Wyndham Bonnet Creek.

Recognized for attaining the highest revenues in 2009, the agents and their guests spent March 3-5 at the Orlando resort where they were honored with a Travel Agent of the Year Award. A special ceremony and other events were held throughout the two-night, three-day celebration.

“As one of the world’s largest vacation rental providers, we’re thrilled to recognize these top agents for the great work they did in 2009,” said Sean Lowe, managing director, Endless Vacation Rentals. “We’re glad these agents worked to send their clients on quality vacations through Endless Vacations Rentals, allowing them to experience the great value our vacation rentals offer.”

The agents honored at the event were:

•    Debora Amman, On The Go Travel
•    Sherry Andrews, Sylvan Travel
•    Pat Baker, Funseekers Vacations
•    Penny Bond, Surrey Cruiseship Center
•    Kim Burdell, Funseekers Vacations
•    Natalie Burton, WorldVentures
•    Brenda Cooley, Grand Incentives
•    Janine Coursey, ResorTime.com
•    Jan Damm, Funseekers Vacations
•    Kasey Davis, Mann Travels
•    Tracy Dennis, Four Seasons’ Travel
•    Christine Fixmer, TSN International, Inc.
•    Joyce Gieri, Leisure Vacation Travel
•    Linda Gonding, A Dream Realized
•    Helen Graf, Carlson Wago Ellison Travel
•    Mary Macias, TSN International, Inc.
•    Beverly Pillow, Beverly’s Tour & Travel
•    Lorna Slattery, World Wide Travel
•    Diane Weinstein, Coral Sands Travel
•    Shannon Williams, Prestige Travel
•    Gordon Yam, TPI Travel

Hear what the agents had to say about working with Endless Vacation Rentals:

“My customers are very impressed with the quality of the accommodations along with the prices when booked through Endless Vacation Rentals – great vacation value for your customers!” – Penny Bond, Surrey Cruiseship Center

“It is important that we satisfy our customers with quality accommodations and affordable pricing. Vacation Rentals 4 Agents allows me to do exactly that, which in turn creates repeat business. Thank you VR4A.” – Brenda Cooley, Grand Incentives

“Endless Vacation Rentals has a wide variety of resorts that meet all of my clients travel needs. The booking process is easy and effortless, with instant confirmations and commissions earned with every booking. I use Endless Vacations Rentals every opportunity possible.” – Christine Fixmer, TSN International, Inc.

“Working with Endless Vacation Rentals has been a complete pleasure. They have a vast variety of quality properties in fantastic locations. The space and amenities their condos and villas provide are perfect for any family vacation. The prices they offer are unmatchable and practically sell themselves. Commissions are also always paid promptly. I highly recommend them to anyone. Five stars all around!” – Diane Weinstein, Coral Sands Travel

VacationRentals4Agents.com is your travel agent portal to vacation villas, cottages, homes, and resort condominium rentals in premier locations around the world. With access to approximately 200,000 accommodations, the possibilities are endless. Call to speak to one of our dedicated Vacation Guides at 1-866-844-2017.

About Endless Vacation Rentals
Endless Vacation Rentals, one of the Wyndham Worldwide family of brands (NYSE: WYN), provides access to one of the largest collection of global vacation rentals in the industry, allowing travelers to browse from more than 200,000 accommodations. At www.EVRentals.com it’s as easy and convenient to search for, view availability, and book vacation rentals as booking typical hotel accommodations online. For more information on Endless Vacation Rentals or to book a vacation rental, visit www.EVRentals.com or call 1-877-STAY-EVR (1-877-782-9387).

High-end resort in renowned Colorado ski area joins world’s largest luxury exchange program

The Registry Collection program, the world’s largest luxury exchange program and one of the Wyndham Worldwide family of brands (NYSE: WYN), and The Innsbruck Aspen Residences, a luxury residence located in the town of Aspen, Colo., today announced a long-term affiliation agreement.

We are honored and excited to welcome the highly-acclaimed The Innsbruck Aspen Residences to The Registry Collection’s portfolio of luxury affiliates,” said Geoff Ballotti, CEO, RCI. “This mountain resort offers elegant accommodations and first-class service and amenities; consistent with what The Registry Collection program stands for.

This affiliation will help provide both The Registry Collection members and Innsbruck Aspen owners with the type of luxury lifestyle vacation experiences they desire.” Located in the heart of Aspen, The Innsbruck Aspen Residences offers 17 luxury units and is conveniently located in walking distance to the ski slopes and all the nightlife Aspen has to offer.

“The Registry Collection program expands the enjoyment of our owners’ second home vacation purchase as they will now have the ability to exchange into a quality selection of luxury destinations around the world,” said R.J Gallagher Jr., Partner in Forte International, the organization chosen by The Innsbruck Aspen Residences to manage the marketing and sales. “We are excited to offer this unique benefit to our valued owners and look forward to having them enjoy these benefits in the years to come.”

About The Registry Collection
The Registry Collection program is a global network comprising over 30,000 members and more than 130 affiliates on five continents. More than 175 properties are available through The Registry Collection® program and are either  accessible for exchange or under development. As the world’s largest luxury exchange program, The Registry Collection program provides members with access to an elite global network of the very finest vacation properties at some of the world’s premier destinations, as well as personal concierge services that are available 24-hours a day. From condo hotels and high-end fractional resorts to private residence clubs and fractional yachts, The Registry Collection program facilitates exchanges around the world and redefines the vacation experience for owners and developers. The Registry Collection program is offered by Wyndham Exchange and Rentals, the worldwide leader in vacation exchange and the European leader in vacation rentals and one of the Wyndham Worldwide family of  companies (NYSE: WYN). For additional information, visit the media center at www.wyndhamer.com.

For additional information on the services offered to developers and members by The Registry Collection program and to learn how it can add value and distinction to leisure real estate projects, visit www.theregistrycollection.com.

About the Innsbruck Aspen
The Innsbruck Aspen Residences are a wonderful collection of seventeen intimate and warm residences located in the heart of Aspen. Each residence has been thoughtfully designed with the finest finishes and amenities and ownership comes with all the benefits of private home ownership, combined with the unsurpassed services and privileges of a private club. The intimate feel of a historic Inn, with the amenities, services, and staff attention you would expect at a five-star hotel. Ownership at The Innsbruck Aspen Residences is a valuable real estate asset that can be resold or transferred. Each Owner will own a 1/12 undivided, deeded, fee simple interest in real estate, evidenced by a real estate deed recorded in the county records and insured by a title insurance policy.
For additional information visit www.theinnsbruckaspen.com.