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WYNDHAM HOTELS AND RESORTS TO ENTER NEW CARIBBEAN MARKET: ST. CROIX

PARSIPPANY, N.J., February 27, 2008 — Wyndham Hotels and Resorts today announced it will enter a new Caribbean market with the development of the luxury 400-room Wyndham® St. Croix Golf Resort and Casino, which will become the keystone of a $250 million complex that includes a new 43,000-square foot conference center on St. Croix, U.S. Virgin Islands. The conference center will share the resort's amenities and services including entertainment and food and beverage facilities.

The 294-acre property, scheduled to break ground this spring and open in 2010, will be developed by New Jersey-based Golden Resorts LLLP in joint ownership with Jericho All-Weather Opportunity Fund of Boca Raton, Fla., and managed by Wyndham Hotel Management Company.

The resort will feature a 25,000 square-foot casino; 18-hole Jack Nicklaus signature golf course; 17,000 square-foot world-class spa and fitness center; four restaurants; lounges; retail stores; and kid's club.

The property will be located on the south shore of St. Croix, near downtown Christiansted and 15 minutes from Henry E. Rohlsen International Airport.

Peter Strebel, Wyndham Hotels and Resorts president, said the introduction of the Wyndham brand in St. Croix will build upon its 24-resort portfolio in the Caribbean and Mexico, which includes properties in Puerto Rico, St. Thomas, Dominican Republic, Bahamas, Cozumel and the Riviera Maya.

Paul Golden, Golden Resorts chief executive officer, said construction and operation of the hotel and casino will be an "economic catalyst" for the island and its citizens, "creating more than 1,000 construction jobs and 1,200 permanent jobs."

Wyndham Hotels and Resorts, a subsidiary of Wyndham Worldwide Corporation (NYSE: WYN), offers upscale hotel and resort accommodations throughout the United States, Canada, Mexico and the Caribbean. All hotels are either franchised or managed by Wyndham Hotels and Resorts or an affiliate. Additional information is available at www.wyndhamworldwide.com.

Contact:
Evy Apostolatos Email: evy.apostolatos@wyndhamworldwide.com