SOURCE: Group RCI

May 07, 2008 16:10 ET

Hospitality Development Executive Is Appointed to Senior Vice President of Business Development at Group RCI

PARSIPPANY, NJ--(Marketwire - May 7, 2008) - Group RCI, a global leader in leisure real estate and one of the Wyndham Worldwide family of companies (NYSE: WYN), today announced the appointment of Jorge Boone to senior vice president, business development, The Americas. In his new role, Jorge will lead business development for the Eastern region of North America. He will play a key role in driving new mixed use business initiatives, helping Group RCI achieve its overall growth strategies in North America.

Jorge's background includes real estate development and business development roles. Most recently he served as vice president of real estate acquisitions and development at Starwood Hotels and Resorts, where he was responsible for the development of mixed-use projects including timeshare, fractional and hotels for its upscale and luxury brands. While at Starwood, he led the acquisitions and entitlements of several major investment transactions; negotiated and partnered with third parties; and led cross-functional teams through acquisition and predevelopment, maintaining his presence as the primary Starwood business contact throughout the development process.

Prior to Starwood, Jorge was vice president of business development for Link Systems, a real estate software company focused on the management of owned, leased and subleased commercial properties. At Link, Jorge secured and managed several key Fortune 500 accounts and led the company's product development team in creating significant innovations for its web based platform. Before Link, Jorge was at Bristol Hotels and Resorts where he was a project manager responsible for renovating and repositioning several key hotel assets.

Jorge is a graduate of the Hotel School at Cornell University and received his MBA from the Johnson School at Cornell University. He is a resident of Florida and will be working in the Orlando, Florida offices of Group RCI.

About Group RCI

Group RCI, part of the Wyndham Worldwide family of companies (NYSE: WYN), is the worldwide leader in vacation exchange and the European leader in vacation rentals, with exclusive access for specified periods to more than 67,000 vacation properties in approximately 100 countries. The company is comprised of vacation exchange, including RCI®, the worldwide leader in vacation exchange and provider of travel services to businesses and consumers and The Registry Collection®, the world's largest luxury exchange program; vacation rentals, including Endless Vacation Rentals(SM) , Landal Greenparks®, Novasol®, and more than 30 other vacation rental brands, through which vacationers can rent a variety of property types, from city apartments to villas; and NorthCourse®, Leisure Real Estate Solutions, an international leader in providing a full spectrum of advisory, research, and asset management services. Wyndham Worldwide Corporation is one of the world's largest hospitality companies with leading brands in lodging franchising, vacation ownership, vacation rentals and vacation exchange. For additional information visit www.grouprci.com or the media center of www.wyndhamworldwide.com.

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