CONSTRUCTION OF ITS FIFTH RESORT, THE WYNDHAM DESERT BLUE
ORLANDO, Fla. 04-07-2008 —Wyndham Vacation Ownership, the worlds largest vacation ownership company and a member of the Wyndham Worldwide family of companies (NYSE: WYN), is expanding its presence in Las Vegas with the construction of the Wyndham Desert Blue, the companys fifth resort in this highly popular vacation destination.
“Our Las Vegas operations have continued to experience tremendous growth since our arrival in 2000. To date, weve sold nearly $1 billion worth of product in this market alone,” said Franz Hanning, president and CEO of Wyndham Vacation Ownership. “We are committed to expanding our presence in this larger than life city, and once complete, Desert Blue will be one of the most in-demand properties in our portfolio.”
Situated on 14.75 acres adjacent to the world famous Las Vegas Strip and next to the Rio All-Suite Hotel & Casino, the Wyndham Desert Blue will include a full range of well-appointed studio, one-, two- and three-bedroom suites, and will feature amenities including pool, recreation room, computer library, game room and fitness center. Owners and guests at Wyndham Desert Blue will find all of the excitement of the Las Vegas atmosphere and nightlife as well as local activities including golf, shopping, tennis and boating nearby.
Wyndham Desert Blue will complement Wyndham Vacation Ownerships four existing resorts in Las Vegas: Wyndham Grand Desert, which is affiliated with the companys FairShare Plus by Wyndham portfolio; and WorldMark Las Vegas, WorldMark Las Vegas Spencer Street and WorldMark Las Vegas Tropicana, opening in April 2008, which are affiliated with the companys WorldMark by Wyndham portfolio.
