EXHIBIT 99.1

Wyndham Worldwide Corporation

2013 Earnings and Driver Guidance

As of February 6, 2013

(In millions, except per share data)

Full Year 2013 Earnings Guidance (a) (b)

 

     Low     High  

Net Revenues

    

Lodging

   $ 945      $ 995   

Vacation Exchange and Rentals

     1,525        1,600   

Vacation Ownership

     2,425        2,550   
  

 

 

   

 

 

 

Total Reportable Segments

   $ 4,925      $ 5,100   
  

 

 

   

 

 

 

EBITDA

    

Lodging

   $ 290      $ 305   

Vacation Exchange and Rentals

     355        370   

Vacation Ownership

     595        620   

Corporate and Other

     (120     (115
  

 

 

   

 

 

 

Total EBITDA

     1,140        1,165   

Depreciation and amortization

     (222     (217

Interest expense, net

     (130     (125
  

 

 

   

 

 

 

Income before income taxes

     796        825   

Provision for income taxes (c)

     (297     (307
  

 

 

   

 

 

 

Net income

   $ 499      $ 518   
  

 

 

   

 

 

 

Diluted earnings per share

   $ 3.57      $ 3.70   

Diluted shares

     140        140   

Full Year 2013 Driver Guidance (b) (d)

 

              EBITDA Impact of
100bps Change
 
     Low   High   Low      High  

Lodging

         

RevPAR

   4%   6%   $ 2       $ 3   

Number of Rooms

   2%   4%     2         3   

Vacation Exchange and Rentals

         

Average Number of Members

   flat   flat   $ 3       $ 4   

Exchange Revenue Per Member

   1%   3%     6         7   

Vacation Rental Transactions

   6%   9%     1         2   

Average Net Price Per Vacation Rental

   6%   9%     7         8   

Vacation Ownership

         

Tours

   5%   8%   $ 3       $ 4   

Volume Per Guest

   2%   4%     4         5   

Notes:

 

(a) 

Projections do not total because the Company does not expect the actual results of all segments to be at the highest or lowest end of any projected range simultaneously.

(b) 

Guidance is based upon December 31, 2012 foreign exchange rates.

(c) 

Full year tax rate is expected to be approximately 37.25%.

(d) 

A glossary of terms is included in Table 3 (3 of 3) of the Company’s Quarterly 2012 Earnings Release on Form 8-K, filed with the SEC on February 6, 2013.

Forward-Looking Statements

Guidance contains “forward-looking statements” as defined under U.S. securities laws, conveying management’s expectations as to future results. Forward-looking statements involve risks and uncertainties that may cause the Company’s actual results to be materially different from the future results expressed or implied by the statements. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this guidance. Factors that could cause actual results to differ materially from those in the forward-looking statements include the risk factors described in the Company’s SEC filings. Except for the Company’s obligations to disclose material information under 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.