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WYNDHAM VACATION OWNERSHIP OPENS THIRD SAN DIEGO RESORT

Company Continues to Expand Presence in Southern California and Add Urban Destinations to its Resort Portfolio

ORLANDO, Fla. (Jan. 4, 2008) - Wyndham Vacation Ownership, the world's largest vacation ownership company and a member of the Wyndham Worldwide family of companies (NYSE: WYN), has opened WorldMark Mission Valley, its third resort in San Diego, Calif., joining Wyndham Harbour Lights and WorldMark San Diego. Operating under the WorldMark by Wyndham portfolio of products, the 167-unit WorldMark Mission Valley resort is the company's latest urban destination property.

"San Diego is a destination rich with entertainment opportunities and we are pleased to create another resort for our owners in an area with such a wide range of nightlife, restaurants, shops, recreational activities and attractions," said Franz Hanning, president and CEO, Wyndham Vacation Ownership. "As one of the largest urban timeshare resort developers, San Diego is an important market for us. By continuing to expand our portfolio of urban properties, we offer our owners and their guests the comfort they have come to expect from our resorts, close to the city amenities they desire."

Featuring a mix of well-appointed one- and two-bedroom units, WorldMark Mission Valley has several amenities for owners and their guests to enjoy, including a pool, hot tub, exercise facility and on-site parking. Each spacious unit has a living room, dining room, full kitchen and washer and dryer for added convenience.

Named for the historic Mission San Diego de Alcala founded in 1769, the Mission Valley area of San Diego offers plenty for owners to enjoy, from dining and shopping to recreational activities and historical sites. For sports fans, Mission Valley is the location of Qualcomm Stadium, the home of the National Football League's San Diego Chargers and San Diego State University's Aztecs football team. In addition, WorldMark Mission Valley is conveniently located near the attractions, nightlife and amenities of San Diego including SeaWorld San Diego, San Diego Zoo, Presidio Park and Balboa Park.

Wyndham Vacation Ownership continues to expand its presence in Southern California. In addition to its three San Diego area resorts, the company will also open its second resorts in both Oceanside and Anaheim in 2008. These properties complement Wyndham Vacation Ownership's established resorts in Big Bear, Indio and Palm Springs. All told there are ten Wyndham Vacation Ownership resorts in this region.

WorldMark Mission Valley also becomes the company's latest urban destination resort. In addition to San Diego, Wyndham Vacation Ownership has recently opened or is developing resorts in Washington, D.C.; San Antonio; San Francisco; and New Orleans.

About Wyndham Vacation Ownership
Wyndham Vacation Ownership, a member of Wyndham Worldwide's (NYSE: WYN) family of companies, is the world's largest vacation ownership business, as measured by the number of vacation ownership resorts, individual vacation ownership units and owners of vacation ownership interests. Wyndham Vacation Ownership develops, markets and sells vacation ownership interests and provides consumer financing to owners through its three primary consumer brands, Wyndham Vacation Resorts, WorldMark by Wyndham, and Wyndham Vacation Resorts Asia Pacific. As of July 31, 2007, Wyndham Vacation Ownership had developed or acquired more than 135 vacation ownership resorts throughout the United States, Canada, Mexico, the Caribbean and the South Pacific that represent more than 17,000 individual vacation ownership units and more than 800,000 owners of vacation ownership interests. Wyndham Vacation Ownership is headquartered in Orlando, Florida, and is supported by more than 16,000 employees globally.

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