Wyndham Worldwide Records Q2 Revenue Rise

28th July 2011 (Last Updated July 28th, 2011 18:30)

Wyndham Worldwide registered a 13% year-on-year increase in revenue to $1.1bn for the second quarter of 2011. The company's Q2 net income increased by 20% to $114m, compared with $95m in the same period last year. As of 30 June 2011, Wyndham's hotel system consisted of 7,220

Wyndham Worldwide registered a 13% year-on-year increase in revenue to $1.1bn for the second quarter of 2011.

The company’s Q2 net income increased by 20% to $114m, compared with $95m in the same period last year.

As of 30 June 2011, Wyndham’s hotel system consisted of 7,220 properties and 612,900 rooms.

Its development pipeline includes over 840 hotels and approximately 111,000 rooms, of which 58% were new construction, and international rooms accounted for 64%.