Exhibit 99.1
FOR IMMEDIATE RELEASE
Wyndham Worldwide extends exchange offer for 6.00% Senior Notes
PARSIPPANY, N.J. (June 8, 2007) — Wyndham Worldwide Corporation (NYSE:WYN) (the “Company”)
announced today the extension of its offer to exchange $800,000,000 aggregate principal amount of
the Company’s 6.00% Senior Notes due 2016 (the “Old Notes”) for $800,000,000 aggregate principal
amount of the Company’s new 6.00% Senior Notes due 2016 that have been registered under the
Securities Act of 1933, as amended. The exchange offer is now scheduled to expire at 5:00 p.m., New
York City time, on June 11, 2007.
The extension of the exchange offer has been made to allow holders of outstanding Old Notes who
have not yet tendered their Old Notes for exchange to do so.
As of 5:00 p.m., New York City time, on June 8, 2007, which was the original expiration date for
the exchange offer, 98.75% of the outstanding principal amount of the Old Notes had been validly
tendered and not withdrawn pursuant to the exchange offer. Other than the extension described
herein, all of the terms of the exchange offer remain unchanged.
This announcement does not constitute an offer to sell or buy any security or a solicitation of any
offer to buy securities. The exchange offer is made by means of a prospectus dated May 9, 2007,
which has been filed with the U.S. Securities and Exchange Commission.
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 almost 6,500 franchised hotels and over 539,000 hotel rooms
worldwide. RCI Global Vacation Network offers its more than 3.4 million members access to over
60,000 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 approximately 150 vacation ownership resorts serving over 800,000 owners
throughout North America, the Caribbean and the South Pacific. Wyndham Worldwide, headquartered in
Parsippany, N.J., employs more than 30,000 employees globally.
For more information about Wyndham Worldwide, please visit the Company’s web site at
www.wyndhamworldwide.com.