Exhibit 99.1
Table 1        
Wyndham Worldwide Corporation
2007 Earnings and Seasonality Guidance
(In millions, except per share data)
                 
    Low     High  
Net Revenues
                
Lodging
   $ 700     $ 730  
Vacation Exchange and Rentals
     1,240       1,290  
Vacation Ownership
     2,400       2,500  
 
            
Total Reportable Segments
   $ 4,350     $ 4,510  
 
            
 
                
Adjusted EBITDA
                
Lodging
   $ 215     $ 230  
Vacation Exchange and Rentals
     310       330  
Vacation Ownership
     380       400  
Corporate and Other
     (80 )     (65 )
 
            
 
                
Total Adjusted EBITDA
     835       875  
 
                
Depreciation and amortization
     (170 )     (160 )
 
                
Interest expense, net
     (80 )     (70 )
 
            
 
                
Income before income taxes
     585       645  
 
                
Provision for income taxes
     (220 )     (245 )
 
            
 
                
Adjusted net income
   $ 365     $ 400  
 
            
 
                
Diluted earnings per share
   $ 1.98     $ 2.17  
 
            
 
                
Diluted shares
     184       184  
 
                                                                 
  2007 Seasonality 
 
 
    Q1     Q2     Q3     Q4  
    LOW     HIGH     LOW     HIGH     LOW     HIGH     LOW     HIGH  
 
                                                                
Net Revenues
                                                                
Lodging
     20 %     22 %     25 %     27 %     27 %     29 %     24 %     26 %
Vacation Exchange and Rentals
     23 %     25 %     23 %     25 %     27 %     29 %     23 %     25 %
Vacation Ownership
     21 %     23 %     24 %     26 %     26 %     28 %     25 %     27 %
 
                                                                
Total Reportable Segments
     22 %     24 %     24 %     26 %     26 %     28 %     24 %     26 %
 
                                                                
EBITDA
                                                                
Lodging
     20 %     22 %     24 %     26 %     30 %     32 %     22 %     24 %
Vacation Exchange and Rentals
     26 %     28 %     16 %     18 %     36 %     38 %     18 %     20 %
Vacation Ownership
     16 %     18 %     24 %     26 %     26 %     28 %     30 %     32 %
 
                                                                
Total Reportable Segments
     20 %     22 %     22 %     24 %     30 %     32 %     24 %     26 %
 
Note 1:   Projections do not total because we do not expect the actual results of all segments to be at the highest or lowest end of any projected range simultaneously.
 
Note 2:   Projections exclude separation and related as well as legacy adjustments.
 
Note 3:   It is not practical to provide a reconciliation of forecasted Adjusted EBITDA for the full year 2007 to the most directly comparable GAAP measure, net income, because certain items cannot be reasonably estimated or predicted at this time. Any of those items could be significant to our financial results.

 

Table 2
Wyndham Worldwide Corporation
2007 Driver Guidance

Lodging Low High
RevPAR 5% 7%
     
Weighted Average Rooms Available 2% 4%
     
Vacation Exchange and Rentals    
Average Number of Members 4% 6%
     
Annual Dues and Exchange Revenue per Member 1% 3%
     
Vacation Rental Transactions 6% 8%
     
Average Net Price per Vacation Rental 6% 8%
     
Vacation Ownership    
Tours 9% 11%
     
Volume per Guest (VPG) 4% 6%