Wyndham Worldwide Expects 2006 Revenues of over $3.7 Billion

Wyndham Worldwide, the successful hotel chain, is making plans to celebrate the clinching of as many as $3.7 billion by the end of the ongoing year, sources from the company said recently.

For the fourth quarter of 2006, the company expects depreciation and amortization of to be in the neighborhood of $38 to $40 million, net interest expense of approximately $17 to $19 million, effective tax rate of approximately 38 percent, and net income of roughly $77 to $87 million.

Looking to the upcoming year, Wyndham Worldwide hopes to nab nearly $4.3 billion worth of revenue and an adjusted EBITDA –excluding separation and related costs- of $820 to $855 million.

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 more than 6,400 franchised hotels and approximately 534,000 hotel rooms worldwide.