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Wyndam warns of uncertain year 2009

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Published on 02/02/09 - Updated on 17/03/22

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Hotel group Wyndham Worldwide has attributed a $1.4bn Q4 loss to the global economic downturn and a drop in demand for timeshare properties. RevPAR was down 6.4% in the quarter, to December 2008, with overall sales dropping by 12%, to $911m. Full-year revenues were $4.3bn, with a full-year net loss...

Wyndham Hotel Group
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Wyndham Hotel Group

Hotel Group

  • Wyndham Hotel Group United-States
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