Exhibit 99.1

Wyndham Worldwide Reports Fourth Quarter and Full Year 2009 Results
Company Triples Dividend Payout
Resumes Share Repurchase Program

PARSIPPANY, N.J. (February 10, 2010) — Wyndham Worldwide Corporation (NYSE:WYN) today announced results for the three months and year ended December 31, 2009. Separately, the Company also announced an increase in its quarterly cash dividend and that it plans to resume its share repurchase program.

FOURTH QUARTER and FULL-YEAR HIGHLIGHTS:

Wyndham Worldwide generated fourth quarter diluted earnings per share (EPS) of $0.40, compared with Company-issued guidance of $0.35 — $0.38. For the year ended December 31, 2009, the Company generated net cash from operating activities of approximately $690 million, compared with $109 million in 2008.

“We are pleased to report solid earnings and increasing free cash flow for the quarter and the year, and to announce an increase in our dividend along with our intention to resume our share repurchase program. While continuing high unemployment and economic uncertainty created a difficult operating environment, our results reflect resilient business models and strong execution,” said Stephen P. Holmes, chairman and CEO, Wyndham Worldwide. “Going forward, we remain focused on cash flow generation, transforming the Company by rebalancing our worldwide business portfolio to our fee-for-service businesses and positioning our businesses for future earnings growth.”

Increases Quarterly Dividend Payout

The Company’s Board of Directors authorized an increase of the quarterly cash dividend to $0.12 from $0.04 per share, beginning with the dividend that is expected to be declared in the first quarter of 2010. With this increase, the dividend is equivalent to an annual rate of $0.48 per share.

Resumes Share Repurchase Program

The Company plans to resume repurchase of its common stock under its existing $200 million stock repurchase program, which currently has $157 million remaining capacity. The amount and timing of specific repurchases are subject to market conditions, applicable legal requirements and other factors. Repurchases may be conducted in the open market or in privately negotiated transactions.

FOURTH QUARTER 2009 OPERATING RESULTS

Revenues for the fourth quarter of 2009 were $913 million, relatively flat compared with the prior-year period. Net income for the fourth quarter of 2009 was $73 million, or $0.40 diluted EPS, compared with a fourth quarter of 2008 net loss of $1.4 billion, or $7.63 loss per diluted share. The prior-year period includes the after-tax impact of $1.4 billion, or $8.10 per diluted share, of goodwill impairments, foreign currency losses, restructuring costs and legacy items. Excluding these items, adjusted net income would have been $84 million, or $0.47 diluted adjusted EPS for the fourth quarter of 2008.

FULL YEAR 2009 OPERATING RESULTS

Revenues for full year 2009 were $3.8 billion, a decline of 12% over the prior-year period, reflecting the following:

	•		Lodging revenues were $660 million, a 12% decrease compared with 2008, primarily resulting from a global decline in revenue per available room (RevPAR).
	•		Exchange and Rentals revenues were $1.2 billion, an 8% decrease compared with 2008, primarily resulting from unfavorable foreign exchange rate movements. In constant currency, revenues declined 2%.
	•		Vacation Ownership revenues were $1.9 billion, a 15% decrease compared with 2008, primarily resulting from the Company’s previously announced initiative to reduce capital deployed in the business, which included sales office closures and the elimination of certain marketing programs that resulted in fewer tours.

Net income for full year 2009 was $293 million, or $1.61 diluted EPS, compared with a prior-year period net loss of $1.1 billion, or $6.05 loss per diluted share. Adjusted net income for full year 2009 was $327 million, or $1.80 diluted EPS, compared with adjusted net income of $388 million, or $2.18 diluted adjusted EPS for full year 2008. Adjusted net income for full year 2009 excludes the after-tax impact of $34 million, or $0.19 per diluted share, of restructuring costs and legacy items. Adjusted net income for the prior-year period excludes the after-tax impact of $1.5 billion, or $8.23 per diluted share, of goodwill and other impairments, foreign currency losses, restructuring costs and legacy items.

FOURTH QUARTER 2009 BUSINESS UNIT RESULTS

Wyndham Hotel Group

Revenues were $149 million in the fourth quarter of 2009, a decline of 12% compared with the fourth quarter of 2008, primarily reflecting the global RevPAR decline.

System-wide RevPAR declined 11.9% in the fourth quarter of 2009. In constant currency, fourth quarter 2009 system-wide RevPAR decreased 13.3%, reflecting declines of 13.8% and 15.4% in domestic and international RevPAR, respectively.

Fourth quarter 2009 EBITDA was $32 million, compared with $38 million in the fourth quarter of 2008, which included a $16 million non-cash impairment charge. The year-over-year change reflects the global RevPAR decline, increased bad debt reserve primarily related to the hotel management business, and a non-cash impairment charge associated with an underperforming joint venture in the hotel management business, partially offset by cost containment initiatives.

As of December 31, 2009, the Company’s hotel system consisted of approximately 7,110 properties and 597,700 rooms, of which 22% were international. The development pipeline included approximately 950 hotels and 108,100 rooms, of which 51% were new construction and 43% were international.

Wyndham Exchange and Rentals

Revenues were $258 million in the fourth quarter of 2009, a 3% increase compared with the fourth quarter of 2008. In constant currency, revenues were relatively flat.

Annual dues and exchange revenues were $106 million, a 5% increase from the prior-year period. In constant currency, revenues increased $2 million, or 2% compared with the fourth quarter of 2008, driven by a 2% growth in the average number of members.

Vacation rental revenues were $122 million, an 8% increase from the prior-year period. In constant currency, revenues increased $2 million, or 2%, compared with the fourth quarter of 2008, primarily driven by a 3% increase in average price per vacation rental, partially offset by a 1% decrease in rental transaction volume.

Ancillary revenues were $30 million, a 17% decrease from the fourth quarter of 2008. In constant currency, revenues decreased 19% due primarily to lower fees generated from programs with affiliated resorts and our termination of a low margin travel service contract.

Fourth quarter 2009 EBITDA was $48 million, compared with a loss of $4 million in the fourth quarter of 2008, which included $67 million of asset impairments, foreign currency conversion losses and restructuring costs. Excluding these items and an unfavorable 2009 net effect of foreign currency of $15 million, 2009 EBITDA was flat, compared with 2008 adjusted EBITDA.

Wyndham Vacation Ownership

Driven by the previously announced initiative to reduce capital deployed in this business, gross vacation ownership interest (VOI) sales declined 21%, from the prior-year period, to $343 million in the fourth quarter of 2009. The year-over-year change reflects a 36% increase in volume per guest which partially offset the planned reduction in tour flow of 41%.

Total segment revenues were $508 million in the fourth quarter of 2009, a 3% increase from the fourth quarter of 2008. This change was driven by a decline in our provision for loan losses, a favorable impact from the percentage-of-completion (POC) method of accounting and higher ancillary revenue, partially offset by lower VOI sales. Under the POC method of accounting for VOI sales, the Company recognized $47 million of previously deferred revenue during the fourth quarter of 2009, compared with $14 million in the fourth quarter 2008.

EBITDA for the fourth quarter of 2009 was $132 million, compared with a loss of $1.3 billion in the fourth quarter of 2008, which included $1.4 billion of goodwill, other impairments and restructuring costs. Excluding these items, 2009 EBITDA increased $41 million, compared with the prior-year period, reflecting the net impact of the planned reduction in the VOI business and its related expenses, a lower provision for loan losses, and the impact from the net increase in the recognition of revenue previously deferred under the POC method of accounting.

Other Items

Net interest expense in the fourth quarter of 2009 was $33 million, a $15 million increase from the fourth quarter of 2008. The increase reflected lower capitalized interest and long-term debt issuances in May 2009, the proceeds of which were used primarily to reduce revolving credit facility borrowings, which had a lower interest rate.

Balance Sheet Information as of December 31, 2009:

	•		Cash and cash equivalents of approximately $155 million compared with $135 million at December 31, 2008
	•		Vacation ownership contract receivables, net, of $3.1 billion compared with $3.3 billion at December 31, 2008
	•		Vacation ownership and other inventory of $1.3 billion, unchanged from December 31, 2008
	•		Securitized vacation ownership debt of $1.5 billion compared with $1.8 billion at December 31, 2008
	•		Other debt of $2.0 billion, unchanged from December 31, 2008; remaining borrowing capacity on the revolving credit facility was approximately $870 million compared with approximately $290 million as of December 31, 2008

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

Guidance

The Company’s full-year 2010 guidance is:

	•		Revenues of $3.5 — $3.9 billion
	•		Adjusted EBITDA of $775 — $800 million

The guidance reflects assumptions used for internal planning purposes. All guidance excludes legacy items and restructuring costs, if any, which may have a positive or negative impact on reported results. If economic conditions improve or deteriorate

materially from current levels, these assumptions and our guidance may change materially. It is not practicable to provide a reconciliation of forecasted adjusted EBITDA to the most directly comparable GAAP measure because certain items cannot be reasonably estimated or predicted at this time. Any such items could be significant to our financial results.

Conference Call Information

Wyndham Worldwide Corporation will provide a webcast of its conference call to discuss the Company’s fourth quarter and full year 2009 financial results on Wednesday, February 10, 2010 at 8:30 a.m. ET. Listeners can access the webcast live through the company’s website at www.wyndhamworldwide.com/investors/. The conference call also may be accessed by dialing (800) 369-2052 and providing the pass code “Wyndham.” Listeners are urged to call at least 10 minutes prior to the scheduled start time. An archive of this webcast will be available on the website for approximately 90 days beginning at 12:00pm ET on February 10, 2010. A telephone replay will be available for approximately 90 days beginning at 12:00pm ET on February 10, 2010 at (866) 490-2538.

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

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 and 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.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, conveying management’s

expectations for the future, including, without limitation the information under the “Guidance”, which are based on plans, estimates and projections at the time the Company makes the statements. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. The forward-looking statements contained in this press release include statements related to the Company’s revenues, earnings, related financial and operating measures, dividend policy and share repurchases.

You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Factors that could cause actual results to differ materially from those in the forward-looking statements include general economic conditions, the performance of the financial and credit markets, changes in interest expense relating to the Company’s existing or future indebtedness, the economic environment for the hospitality industry, the impact of war and terrorist activity, operating risks associated with the hotel, vacation exchange and rentals and vacation ownership businesses, as well as those described in the Company’s Quarterly Report on Form 10-Q, filed with the SEC on November 5, 2009. Except for the Company’s ongoing obligations to disclose material information under the federal securities laws, it undertakes no obligation to release publicly any revisions to any forward-looking statements, to report events or to report the occurrence of unanticipated events.

# # #

Investor and Media Contact:
Margo C. Happer
Senior Vice President, Investor Relations
Wyndham Worldwide Corporation
(973) 753-6472
Margo.Happer@wyndhamworldwide.com

Wyndham Worldwide Corporation
OPERATING RESULTS OF REPORTABLE SEGMENTS
(In millions)

In addition to other measures, management evaluates the operating results of each of its reportable segments based upon net revenues and “EBITDA,” which is defined as net income/(loss) before depreciation and amortization, interest expense (excluding consumer financing interest), interest income (excluding consumer financing interest) and income taxes, each of which is presented on the Company’s Consolidated Statements of Operations. The Company believes that EBITDA is a useful measure of performance for the Company’s industry segments which, when considered with GAAP measures, the Company believes gives a more complete understanding of the Company’s operating performance. The Company’s presentation of EBITDA may not be comparable to similarly-titled measures used by other companies.

The following tables summarize net revenues and EBITDA for reportable segments, as well as reconcile EBITDA to net income/(loss) for the three and twelve months ended December 31, 2009 and 2008:

		Three Months Ended December 31,
		2009								2008
		Net Revenues				EBITDA				Net Revenues				EBITDA (f)
Lodging		$	149			$	32	(c)		$	170			$	38	(g)
Vacation Exchange and Rentals			258				48				250				(4)	(h)
Vacation Ownership			508				132	(d)			492				(1,321)	(i)
Total Reportable Segments			915				212				912				(1,287	)
Corporate and Other (a) (b)			(2	)			(18	)			(1	)			7
Total Company		$	913			$	194			$	911			$	(1,280	)
Reconciliation of EBITDA to Net Income/(Loss)
EBITDA						$	194							$	(1,280	)
Depreciation and amortization							44								47
Interest expense							35								22
Interest income							(2	)							(4	)
Income/(loss) before income taxes							117								(1,345	)
Provision for income taxes							44								11
Net income/(loss)						$	73							$	(1,356	)
		Twelve Months Ended December 31,
		2009								2008
		Net Revenues				EBITDA (j)				Net Revenues				EBITDA (l)
Lodging		$	660			$	175	(c)		$	753			$	218	(g)
Vacation Exchange and Rentals			1,152				287				1,259				248	(h)
Vacation Ownership			1,945				387	(k)			2,278				(1,074	)  (i) (m)
Total Reportable Segments			3,757				849				4,290				(608	)
Corporate and Other (a) (e)			(7	)			(71	)			(9	)			(27	)
Total Company		$	3,750			$	778			$	4,281			$	(635	)
Reconciliation of EBITDA to Net Income/(Loss)
EBITDA						$	778							$	(635	)
Depreciation and amortization							178								184
Interest expense							114								80
Interest income							(7	)							(12	)
Income/(loss) before income taxes							493								(887	)
Provision for income taxes							200								187
Net income/(loss)						$	293							$	(1,074	)

Table 2

Wyndham Worldwide Corporation
CONSOLIDATED STATEMENTS OF OPERATIONS
(In millions, except per share data)

		Three Months Ended								Twelve Months Ended
		December 31,								December 31,
		2009				2008				2009				2008
Net revenues
Service fees and membership		$	371			$	360			$	1,613			$	1,705
Vacation ownership interest sales			287				309				1,053				1,463
Franchise fees			98				113				440				514
Consumer financing			109				112				435				426
Other			48				17				209				173
Net revenues			913				911				3,750				4,281
Expenses
Operating			356				337				1,501				1,622
Cost of vacation ownership interests			47				52				183				278
Consumer financing interest			37				37				139				131
Marketing and reservation			137				171				560				830
General and administrative (a) (b)			136				124				533				561
Goodwill and other impairments			7	(c)			1,398	(d)			15	(c)			1,426	(d)
Restructuring costs (e)			1				73				47				79
Depreciation and amortization			44				47				178				184
Total expenses			765				2,239				3,156				5,111
Operating income/(loss)			148				(1,328	)			594				(830	)
Other income, net			(2	)			(1	)			(6	)			(11	)
Interest expense			35				22				114				80
Interest income			(2	)			(4	)			(7	)			(12	)
Income/(loss) before income taxes			117				(1,345	)			493				(887	)
Provision for income taxes			44				11				200				187
Net income/(loss)		$	73			$	(1,356	)		$	293			$	(1,074	)
Earnings/(losses) per share
Basic		$	0.41			$	(7.63	)		$	1.64			$	(6.05	)
Diluted			0.40				(7.63	)			1.61				(6.05	)
Weighted average shares outstanding
Basic			179				178				179				178
Diluted			184				178				182				178

Table 3
(1 of 3)

Wyndham Worldwide Corporation
OPERATING STATISTICS

		Year				Q1				Q2				Q3				Q4				Full Year
Lodging (a)
Number of Rooms (b)			2009				588,500				590,200				590,900				597,700				N/A
			2008				551,100				551,500				583,400				592,900				N/A
			2007				539,300				541,700				540,900				550,600				N/A
			2006				525,500				535,900				533,700				543,200				N/A
RevPAR			2009			$	27.69			$	32.38			$	34.81			$	26.47			$	30.34
			2008			$	32.21			$	38.87			$	41.93			$	30.03			$	35.74
			2007			$	31.35			$	38.35			$	43.10			$	33.09			$	36.48
			2006			$	30.45			$	36.97			$	40.82			$	31.41			$	34.95
Vacation Exchange and Rentals
Average Number of Members (in 000s)			2009				3,789				3,795				3,781				3,765				3,782
			2008				3,632				3,682				3,673				3,693				3,670
			2007				3,474				3,506				3,538				3,588				3,526
			2006				3,292				3,327				3,374				3,429				3,356
Annual Dues and Exchange Revenue Per Member			2009			$	134.38			$	117.59			$	116.76			$	112.10			$	120.22
			2008			$	150.84			$	128.91			$	124.51			$	109.56			$	128.37
			2007			$	155.60			$	132.33			$	131.38			$	124.59			$	135.85
			2006			$	152.10			$	130.37			$	132.31			$	128.13			$	135.62
Vacation Rental Transactions (in 000s)			2009				387				324				367				278				1,356
			2008				387				319				360				282				1,347
			2007				398				326				360				293				1,376
			2006				385				310				356				293				1,344
Average Net Price Per Vacation Rental			2009			$	335.54			$	422.00			$	505.82			$	436.79			$	423.04
			2008			$	412.74			$	477.63			$	553.69			$	400.09			$	463.10
			2007			$	349.73			$	415.71			$	506.78			$	426.93			$	422.83
			2006			$	312.51			$	374.91			$	442.75			$	356.16			$	370.93
Vacation Ownership
Gross Vacation Ownership Interest Sales (in 000s)			2009			$	280,000			$	327,000			$	366,000			$	343,000			$	1,315,000
			2008			$	458,000			$	532,000			$	566,000			$	432,000			$	1,987,000
			2007			$	430,000			$	523,000			$	552,000			$	488,000			$	1,993,000
			2006			$	357,000			$	434,000			$	482,000			$	469,000			$	1,743,000
Tours			2009				137,000				164,000				173,000				142,000				617,000
			2008				255,000				314,000				334,000				240,000				1,143,000
			2007				240,000				304,000				332,000				268,000				1,144,000
			2006				208,000				273,000				312,000				254,000				1,046,000
Volume Per Guest (VPG)			2009			$	1,866			$	1,854			$	1,944			$	2,210			$	1,964
			2008			$	1,668			$	1,583			$	1,550			$	1,630			$	1,602
			2007			$	1,607			$	1,596			$	1,545			$	1,690			$	1,606
			2006			$	1,475			$	1,426			$	1,434			$	1,623			$	1,486

Table 3
(2 of 3)

Wyndham Worldwide Corporation
ADDITIONAL DATA

		Year				Q1				Q2				Q3				Q4				Full Year
Lodging (a)
Number of Properties (b)			2009				6,990				7,020				7,040				7,110				N/A
			2008				6,550				6,560				6,970				7,040				N/A
			2007				6,450				6,460				6,460				6,540				N/A
			2006				6,300				6,440				6,420				6,470				N/A
Vacation Ownership
Deferred Revenues (in 000s) (c)			2009			$	66,516			$	37,140			$	36,102			$	46,784			$	186,543
			2008			$	(81,716	)		$	(5,240	)		$	(2,023	)		$	13,870			$	(75,108	)
			2007			$	3,906			$	(4,908	)		$	506			$	(21,092	)		$	(21,588	)
			2006			$	12,708			$	(221	)		$	(23,491	)		$	(10,675	)		$	(21,679	)
Provision for Loan Losses (in 000s) (d)			2009			$	107,202			$	121,641			$	117,111			$	103,115			$	449,069
			2008			$	82,344			$	112,669			$	118,609			$	136,090			$	449,712
			2007			$	60,869			$	75,032			$	85,762			$	83,644			$	305,307
			2006			$	61,242			$	55,872			$	63,213			$	78,680			$	259,007

Table 3
(3 of 3)

Wyndham Worldwide Corporation
OPERATING STATISTICS

GLOSSARY OF TERMS

Number of Rooms: Represents the number of rooms at lodging properties at the end of the period which are either (i) under franchise and/or management agreements, (ii) properties affiliated with Wyndham Hotels and Resorts brand for which we receive a fee for reservation and/or other services provided or (iii) properties managed under a joint venture.

Average Occupancy Rate: Represents the percentage of available rooms occupied during the period.

Average Daily Rate (ADR): Represents the average rate charged for renting a lodging room for one day.

RevPAR: Represents revenue per available room and is calculated by multiplying average occupancy rate by ADR. Comparable RevPAR represents RevPAR of hotels which are included in both periods.

Average Number of Members: Represents members in our vacation exchange programs who pay annual membership dues. For additional fees, such participants are entitled to exchange intervals for intervals at other properties affiliated with our vacation exchange business. In addition, certain participants may exchange intervals for other leisure-related products and services.

Annual Dues and Exchange Revenue Per Member: Represents total revenues from annual membership dues and exchange fees generated for the period divided by the average number of vacation exchange members during the year.

Vacation Rental Transactions: Represents the number of transactions that are generated in connection with customers booking their vacation rental stays through us. In our European vacation rentals businesses, one rental transaction is recorded each time a standard one-week rental is booked; however, in the United States, one rental transaction is recorded each time a vacation rental stay is booked, regardless of whether it is less than or more than one week.

Average Net Price Per Vacation Rental: Represents the net rental price generated from renting vacation properties to customers divided by the number of rental transactions.

Gross Vacation Ownership Interest Sales: Represents gross sales of vacation ownership interests (including tele-sales upgrades, which are a component of upgrade sales) before deferred sales and loan loss provisions.

Tours: Represents the number of tours taken by guests in our efforts to sell vacation ownership interests.

Volume per Guest (VPG): Represents revenue per guest and is calculated by dividing the gross vacation ownership interest sales, excluding tele-sales upgrades, which are a component of upgrade sales, by the number of tours.

Constant Currency: Represents comparison eliminating the effects of foreign exchange rate fluctuations between periods.

Table 4

Wyndham Worldwide Corporation
Revenue Detail by Reportable Segment
(In millions)

		2009																				2008
			Q1				Q2				Q3				Q4			Year					Q1				Q2				Q3				Q4			Year
Lodging
Royalties and Franchise Fees		$	57			$	68			$	72				57				254			$	64			$	78			$	88			$	66			$	297
Marketing, Reservation and Wyndham Rewards Revenues (a)			54				66				73				53				246				60				75				84				61				280
Property Management Reimbursable Revenues (b)			22				23				21				19				85				27				26				25				21				100
Ancillary Revenues (c)			21				17				17				20				75				19				21				16				22				76
Total Lodging			154				174				183				149				660				170				200				213				170				753
Vacation Exchange and Rentals
Exchange Revenues			127				112				110				106				455				137				119				114				101				471
Rental Revenues			130				137				185				122				574				160				153				199				113				624
Ancillary Revenues (d)			30				31				32				30				123				44				42				41				36				164
Total Vacation Exchange and Rentals			287				280				327				258				1,152				341				314				354				250				1,259
Vacation Ownership
Vacation Ownership Interest Sales			239				242				285				287				1,053				294				414				446				309				1,463
Consumer Financing			109				109				108				109				435				99				104				111				112				426
Property Management Fees			91				94				96				95				376				85				84				89				89				346
Ancillary Revenues (e)			23				22				19				17				81				26				19				15				(18	)			43
Total Vacation Ownership			462				467				508				508				1,945				504				621				661				492				2,278
Total Reportable Segments		$	903			$	921			$	1,018			$	915			$	3,757			$	1,015			$	1,135			$	1,228			$	912			$	4,290
		2007																				2006
			Q1				Q2				Q3				Q4			Year					Q1				Q2				Q3				Q4			Year
Lodging
Royalties and Franchise Fees		$	63			$	78			$	89			$	67			$	296			$	59			$	75			$	81			$	63			$	278
Marketing, Reservation and Wyndham Rewards Revenues (a)			60				73				84				64				281				58				70				78				60				266
Property Management Reimbursable Revenues (b)			16				22				26				28				92				16				20				17				16				69
Ancillary Revenues (c)			13				13				12				17				56				11				11				13				13				48
Total Lodging			152				186				211				176				725				144				176				189				152				661
Vacation Exchange and Rentals
Exchange Revenues			135				116				116				112				479				125				108				112				110				455
Rental Revenues			139				136				182				125				582				120				116				158				105				498
Ancillary Revenues (d)			40				36				38				43				157				37				37				40				51				166
Total Vacation Exchange and Rentals			314				288				336				280				1,218				282				261				310				266				1,119
Vacation Ownership
Vacation Ownership Interest Sales			373				443				467				383				1,666				309				377				396				379				1,461
Consumer Financing			81				88				93				96				358				65				70				77				79				291
Property Management Fees			74				78				79				78				310				58				60				66				68				253
Ancillary Revenues (e)			21				20				32				19				91				13				11				12				28				63
Total Vacation Ownership			549				629				671				576				2,425				445				518				551				554				2,068
Total Reportable Segments		$	1,015			$	1,103			$	1,218			$	1,032			$	4,368			$	871			$	955			$	1,050			$	972			$	3,848

Table 5

Wyndham Worldwide Corporation
SCHEDULE OF DEBT
(In millions)

		December 31,				September 30,				June 30,				March 31,				December 31,
		2009				2009				2009				2009				2008
Securitized vacation ownership debt
Term notes		$	1,112			$	1,305			$	1,290			$	1,165			$	1,252
Bank conduit facilities (a)			395				299				340				569				558
Securitized vacation ownership debt (b)			1,507				1,604				1,630				1,734				1,810
Less: Current portion of securitized vacation ownership debt			209				291				288				305				294
Long-term securitized vacation ownership debt		$	1,298			$	1,313			$	1,342			$	1,429			$	1,516
Debt:
6.00% senior unsecured notes (due December 2016) (c)		$	797			$	797			$	797			$	797			$	797
Term loan (due July 2011)			300				300				300				300				300
Revolving credit facility (due July 2011) (d)			—				21				30				517				576
9.875% senior unsecured notes (due May 2014) (e)			238				237				237				—				—
3.50% convertible notes (due May 2012) (f)			367				309				253				—				—
Vacation ownership bank borrowings (g)			153				163				154				156				159
Vacation rentals capital leases			133				139				135				130				139
Other			27				23				22				13				13
Total debt			2,015				1,989				1,928				1,913				1,984
Less: Current portion of debt			175				176				169				166				169
Long-term debt		$	1,840			$	1,813			$	1,759			$	1,747			$	1,815

Table 6
(1 of 2)

Wyndham Worldwide Corporation
HOTEL BRAND SYSTEMS DETAILS

		As of and For the Three Months Ended December 31, 2009
Brand		Number of Properties				Number of Rooms				Average Occupancy Rate				Average Daily Rate (ADR)				Average Revenue Per Available Room (RevPAR)
Wyndham Hotels and Resorts			94				24,517				50.5	%		$	108.64			$	54.83
Wingate by Wyndham			166				15,239				49.3	%		$	78.41			$	38.65
Hawthorn Suites by Wyndham			89				8,238				46.7	%		$	76.24			$	35.62
Ramada			910				118,880				43.8	%		$	75.97			$	33.28
Baymont			240				20,459				40.2	%		$	58.50			$	23.50
Days Inn			1,858				149,633				39.0	%		$	58.96			$	23.01
Super 8			2,137				132,876				42.9	%		$	53.87			$	23.11
Howard Johnson			492				46,748				38.9	%		$	58.18			$	22.65
Travelodge			460				34,098				38.4	%		$	59.37			$	22.77
Microtel Inns & Suites			314				22,376				43.5	%		$	55.15			$	23.97
Knights Inn			343				21,061				33.7	%		$	40.24			$	13.57
Unmanaged, Affiliated and Managed, Non-Proprietary Hotels (*)			11				3,549				N/A				N/A				N/A
Total			7,114				597,674				41.6	%		$	63.62			$	26.47
		As of and For the Three Months Ended December 31, 2008
Brand		Number of Properties				Number of Rooms				Average Occupancy Rate				Average Daily Rate (ADR)				Average Revenue Per Available Room (RevPAR)
Wyndham Hotels and Resorts			82				21,724				53.2	%		$	111.86			$	59.49
Wingate by Wyndham			164				15,051				51.5	%		$	90.77			$	46.76
Hawthorn Suites by Wyndham			90				8,423				53.1	%		$	86.20			$	45.73
Ramada			897				114,986				48.1	%		$	79.31			$	38.15
Baymont			227				19,090				45.4	%		$	64.60			$	29.35
Days Inn			1,880				152,971				43.4	%		$	60.17			$	26.09
Super 8			2,110				130,920				47.2	%		$	55.82			$	26.37
Howard Johnson			482				47,177				41.9	%		$	60.04			$	25.16
Travelodge			479				36,154				41.2	%		$	57.40			$	23.63
Microtel Inns & Suites			308				22,106				51.4	%		$	56.88			$	29.22
Knights Inn			301				19,542				36.9	%		$	42.39			$	15.65
Unmanaged, Affiliated and Managed, Non-Proprietary Hotels (*)			23				4,736				N/A				N/A				N/A
Total			7,043				592,880				45.7	%		$	65.68			$	30.03

Table 6
(2 of 2)

Wyndham Worldwide Corporation
HOTEL BRAND SYSTEMS DETAILS

		As of and For the Twelve Months Ended December 31, 2009
Brand		Number of Properties				Number of Rooms				Average Occupancy Rate				Average Daily Rate (ADR)				Average Revenue Per Available Room (RevPAR)
Wyndham Hotels and Resorts			94				24,517				52.6	%		$	114.56			$	60.21
Wingate by Wyndham			166				15,239				53.6	%		$	83.16			$	44.54
Hawthorn Suites by Wyndham			89				8,238				51.6	%		$	83.55			$	43.10
Ramada			910				118,880				47.0	%		$	74.55			$	35.04
Baymont			240				20,459				45.2	%		$	62.46			$	28.25
Days Inn			1,858				149,633				44.9	%		$	62.24			$	27.95
Super 8			2,137				132,876				48.5	%		$	56.67			$	27.48
Howard Johnson			492				46,748				42.2	%		$	61.22			$	25.86
Travelodge			460				34,098				43.4	%		$	61.87			$	26.85
Microtel Inns & Suites			314				22,376				49.0	%		$	56.72			$	27.79
Knights Inn			343				21,061				37.2	%		$	42.46			$	15.79
Unmanaged, Affiliated and Managed, Non-Proprietary Hotels (*)			11				3,549				N/A				N/A				N/A
Total			7,114				597,674				46.3	%		$	65.52			$	30.34
		As of and For the Twelve Months Ended December 31, 2008
Brand		Number of Properties				Number of Rooms				Average Occupancy Rate				Average Daily Rate (ADR)				Average Revenue Per Available Room (RevPAR)
Wyndham Hotels and Resorts			82				21,724				61.0	%		$	120.79			$	73.67
Wingate by Wyndham			164				15,051				59.5	%		$	92.29			$	54.94
Hawthorn Suites by Wyndham			90				8,423				57.7	%		$	88.57			$	51.14
Ramada			897				114,986				52.6	%		$	81.62			$	42.94
Baymont			227				19,090				49.7	%		$	65.96			$	32.80
Days Inn			1,880				152,971				49.9	%		$	64.57			$	32.19
Super 8			2,110				130,920				53.8	%		$	59.38			$	31.95
Howard Johnson			482				47,177				46.9	%		$	64.62			$	30.28
Travelodge			479				36,154				48.3	%		$	67.50			$	32.64
Microtel Inns & Suites			308				22,106				54.3	%		$	60.00			$	32.55
Knights Inn			301				19,542				41.0	%		$	43.40			$	17.80
Unmanaged, Affiliated and Managed, Non-Proprietary Hotels (*)			23				4,736				N/A				N/A				N/A
Total			7,043				592,880				51.4	%		$	69.52			$	35.74