Wyndham Exchange & Rentals(SM) to Acquire Hoseasons

PARSIPPANY, New Jersey, February 22, 2010 - Wyndham Worldwide (NYSE: WYN) today announced that its Exchange & Rentals
business unit, the European leader in exclusive marketing of independent
holiday accommodation, has agreed to acquire Hoseasons Holdings Ltd, one of
the UK's most renowned holiday brands, from HgCapital and a number of
individual parties.

The acquisition price is approximately US$60 million, net of estimated
cash acquired. The transaction is subject to the consent of the Financial
Services Authority (FSA) in the UK, which the companies hope to obtain before
the end of the first quarter. Wyndham Worldwide expects this acquisition to
be accretive in 2011.

Hoseasons, with a proud and distinguished 65-year heritage, is one of the
best-known brand names in UK tourism. The company provides a wide range of
holiday offerings in over 15,000 lodges, cottages, villas, caravans and boats
across seven European countries.

Wyndham's European rentals business is the leading provider in exclusive
marketing of independent holiday accommodation across the continent and has
many of Europe's best-known holiday brands including English Country
Cottages, Scottish Country Cottages, cottages4you, Welcome Cottages, Chez
Nous and Canvas Holidays in the UK, and Landal GreenParks, Novasol, Dansommer
and Cuendet across Northern, Central and Southern Europe. These iconic brands
have a combined portfolio of over 60,000 holiday properties located in over
20 European countries.

"The purchase of Hoseasons is a great example of how we are deploying a
portion of our free cash flow to supplement organic growth with opportunistic
acquisitions," said Stephen P. Holmes, chairman and CEO, Wyndham Worldwide.
"Hoseasons offers a strong strategic fit with our European rentals business
and an attractively-priced opportunity to continue to grow our
fee-for-service businesses."

"We are delighted that Hoseasons is joining the Wyndham Exchange &
Rentals family," said Geoff Ballotti, CEO, Wyndham Exchange & Rentals.
"Hoseasons has been providing exceptional holidays at affordable prices for
65 years. Hoseasons is a highly successful business and a consumer icon in
the UK, complementing Wyndham's existing rentals brands in terms of product
offering, customer service and values. This acquisition enables us to provide
European vacationers with a great selection of inventory, all backed by
Wyndham Worldwide, one of the most trusted names in vacation rentals."

Ian Ailles, Managing Director, European Rentals, Wyndham Exchange &
Rentals said: "The addition of Hoseasons to our existing portfolio of
independent holiday accommodation brands means we can offer customers the
complete range of holiday experiences in Europe. The addition of the UK
holiday parks completes our suite of holiday offerings; from caravans to
castles, we now have it all!"

Wyndham Worldwide retained Credit Suisse Securities (USA) LLC as
financial advisor and Kirkland & Ellis LLP for corporate legal services
related to this transaction.

About Wyndham European Rentals

Wyndham's European Rentals business, part of Wyndham Exchange & Rentals
and the Wyndham Worldwide family of companies (NYSE: WYN), has the largest
and most diverse collection of vacation rental properties in the UK and
Continental Europe. A combined portfolio of over 60,000 vacation homes -
cottages, farmhouses, apartments, villas and even lighthouses and castles -
are available to rent in geographic regions ranging from the Arctic Circle to
the Mediterranean and from the Atlantic Ocean to the Black Sea.

Wyndham's European Rentals also offer customers a complete range of
vacation experiences, including beach holidays, country cottages, Tuscan
farmhouses, family lodges set in forests, boating holidays, ski lodges and
camping holidays with traditional gypsy roulottes.

Wyndham's European Rentals has some of the most iconic brands in the
European vacation market, including Landal GreenParks, with more than 60
holiday villages offering 11,000 bungalows and chalets in the Netherlands,
Belgium, Germany, Austria, Switzerland and the Czech Republic. Novasol, which
includes specialist brands Cuendet and Dansommer, is the largest provider of
holiday homes for Continental Europe, both in number of properties offered
and in geographic spread. The Holiday Cottages Group is the number one
provider of holiday homes in the UK and to UK travelers going abroad, with
leading brands including cottages4you, English Country Cottages, Welcome
Cottages, easycottages.com and a portfolio of Southern European homes with
Villas4you. Completing the portfolio, Canvas Holidays provides a unique
outdoor holiday experience for families with nearly 100 campsites in nine
European countries.

About Wyndham Worldwide

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 approximately 7,110 franchised hotels
and approximately 597,700 hotel rooms worldwide. Wyndham Exchange & Rentals
offers leisure travelers, including its 3.8 million members, access to over
65,000 vacation properties located in approximately 100 countries. Wyndham
Vacation Ownership develops, markets and sells vacation ownership interests
and provides consumer financing to owners through its network of over 155
vacation ownership resorts serving over 820,000 owners throughout North
America, the Caribbean and the South Pacific. Wyndham Worldwide,
headquartered in Parsippany, N.J., employs approximately 25,000 employees
globally.

For more information about Wyndham Worldwide, please visit the Company's
web site at www.wyndhamworldwide.com.

Forward-Looking Statements

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 for the future, including, without
limitation the information under the "Guidance", which are based on plans,
estimates and projections at the time the Company makes the statements.
Forward-looking statements involve known and unknown risks, uncertainties and
other factors which may cause the actual results, performance or achievements
of the Company to be materially different from any future results,
performance or achievements expressed or implied by such forward-looking
statements. The forward-looking statements contained in this press release
include statements related to the closing of the transaction discussed in
this release and the performance of the acquired business.

You are cautioned not to place undue reliance on these forward-looking
statements, which speak only as of the date of this press release. Factors
that could cause actual results to differ materially from those in the
forward-looking statements include general economic conditions, the economic
environment for the hospitality industry, the impact of war and terrorist
activity, operating risks associated with the vacation rentals business, as
well as those described in the Company's Annual Report on Form 10-K, filed
with the SEC on February 19, 2010. Except for the Company's ongoing
obligations to disclose material information under the federal securities
laws, it undertakes no obligation to release publicly any revisions to any
forward-looking statements, to report events or to report the occurrence of
unanticipated events.

Wyndham Exchange & Rentals, Nigel Main, +44-7960-037241, nigel.main at rci.com, or Investors, Margo C. Happer, Senior Vice President, Investor Relations, Wyndham Worldwide Corporation, +1-973-753-6472, Margo.Happer at wyndhamworldwide.com