Wyndham Worldwide Begins Trading as WYN

In a move that will create one of the world's largest publicly traded hospitality companies, Wyndham Worldwide Corporation will spin off from Cendant Corporation and begin trading on the New York Stock Exchange under the symbol WYN. Wyndham Worldwide, which became a member of Standard & Poor's S&P 500 index this week, is a global leader in leisure travel accommodations and a major provider of products and services to business-to-business customers. Its three business segments include Wyndham Hotel Group, one of the world's largest hotel franchisors and a provider of hotel management services; RCI Global Vacation Network, operator of the world's largest vacation exchange network and one of the largest vacation rental networks; and Wyndham Vacation Ownership, the world's largest developer of vacation ownership resorts in terms of owners and resorts.

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