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Royal Orchid Hotels Ltd. Investing $100 million
to Build 10 Ramada Hotels in India
PARSIPPANY, N.J. (Dec. 8, 2006) � Wyndham Hotel Group, the lodging unit of Wyndham Worldwide (NYSE: WYN),  today announced it has signed an agreement with Royal Orchid Hotels Ltd. of Bangalore, India, to develop 10 Ramada® hotels totaling at least 1,000 rooms in the Indian states of Karnataka, Tamil Nadu, Maharashtr, Andhra Pradesh and Rajasthan.

Chender Baljee, Royal Orchid chairman, said his company would invest 5 billion Indian rupees, or about $100 million, to build four-star-quality Ramada hotels during the next three to four years.

Steven. A. Rudnitsky, Wyndham Hotel Group president and chief executive officer, said India represents a �significant, ongoing opportunity� for hotel development in the Asia-Pacific region.  He said a recent PricewaterhouseCoopers report indicates the India market will require up to 125,000 new hotel rooms in India during the next five years.

�With international tourism receipts of $5.7 billion and a record 3.9 million foreign visitors in 2005, India is critically important to our Asia-Pacific development plans,� Rudnitsky said.  �The agreement with Royal Orchid Hotels enables us to accelerate the expansion of our Ramada brand in the Indian market.�

Wyndham Hotel Group franchises Ramada, Days® and Howard Johnson® hotels in India.  Royal Orchid Hotels is one of the largest lodging chains in Bangalore. The company, established in 1973, operates four hotels: Hotel Royal Orchid, Royal Orchid Central, Royal Orchid Harsha in Bangalore and Royal Orchid Metropole in Mysore.

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. 

This press release contains �forward-looking statements� within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, conveying management�s expectations as to the future based on plans, estimates and projections at the time the Company makes the statements. 

Contact:

Rich Roberts
Vice President, Communications
Wyndham Hotel Group
1 Sylvan Way
Parsippany, NJ  07054
(973) 753-6590
[email protected]

 

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Also See: Hindustan Construction Company Ltd. Selects Accor as the Operator for the First Two Hotels Within its Pioneering Lavasa Township near Pune, India / December 2006
The Asian Lodging Development Pipeline Moving at a Feverish Pitch; China and India Under Roomed / October 2006
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