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Wyndham Palm Springs and The St. Anthony 
Now Managed by Wyndham

Franchise Agreements Converted to Management Contracts

DALLAS (Oct. 23, 2001) - Wyndham International (NYSE:WYN) today announced its agreement with an affiliate of Apollo Real Estate Advisors, L.P. to convert two existing 10-year Wyndham franchise agreements to management contracts.  Under the terms of the agreement, Wyndham will now manage the 410-room Wyndham Palm Springs in California and the 352-room St. Anthony - A Wyndham Historic Hotel in San Antonio, Texas.

"As one of the first properties to carry the Wyndham flag, the Wyndham Palm Springs helped lay the foundation for our hotel brand," remarked Fred J. Kleisner, chairman and chief executive officer for Wyndham.  "Wyndham has always been known for its superior management capabilities, and this new agreement underscores our position, while creating a long-term affiliation with the Wyndham Palm Springs and The St.  Anthony."  

The Wyndham Palm Springs, with its Spanish-colonial architecture, is the focal point of a 40-acre development offering scenic views of the San Jacinto mountain range.  It features a 60,000 sq. ft. courtyard with a 5,000 sq. ft. pool, spa, and children's pool, sauna and sand volleyball court.  Other features include a Body Spa, car rental service, concierge and business center, hair and nail salon, gift shop, health club and two restaurants.    The hotel has 25,000 sq. ft. of meeting space and is connected to the 100,000 sq. ft. Palm Springs Convention Center.  

Designated a Texas and National Historical Landmark, The St. Anthony - A Wyndham Historic Hotel is decorated with French Empire antiques, bronzes and other works of art.  It has been consistently rated a four-star hotel for the past 15 years and features over 22,000 sq. ft. of meeting space, including 15 conference rooms, a heated rooftop pool, 24-hour valet parking, fitness center, business center  and concierge services.  The hotel is also distinguished by its close proximity to the famed Riverwalk and the Alamo.

Based in Dallas, Wyndham International owns, leases, manages and franchises hotels and resorts in the United States, Canada, Mexico, the Caribbean and Europe. 

 
 

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Contact:

Wyndham International 
Darcie M. Brossart
[email protected]
214-863-1335
www.wyndham.com

 
Also See Investor Group Providing $1 Billion Equity Investment in Wyndham International, Inc. Will Convert From REIT to C Corporation / March 1999 
Meadowbrook Golf Group and Apollo Real Estate Advisors Acquire KSL Fairways Golf Corp. / Oct 1999 

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