1361658--2/27/2009--WYNDHAM_WORLDWIDE

related topics

{financial, litigation, operation}

{competitive, industry, competition}

{stock, price, operating}

{stock, price, share}

{regulation, change, law}

{personnel, key, retain}

{condition, economic, financial}

{property, intellectual, protect}

{operation, natural, condition}

{capital, credit, financial}

{tax, income, asset}

{provision, law, control}

{system, service, information}

{operation, international, foreign}

{cost, regulation, environmental}

{acquisition, growth, future}

The hospitality industry is highly competitive and we are subject to risks relating to competition that may adversely affect our performance. Our revenues are highly dependent on the travel industry and declines in or disruptions to the travel industry, such as those caused by economic slowdown, terrorism, acts of God and war may adversely affect us. We are subject to operating or other risks common to the hospitality industry. We may not be able to achieve our growth objectives. Our international operations are subject to risks not generally applicable to our domestic operations. We are subject to risks related to litigation filed by or against us. We are subject to certain risks related to our indebtedness, hedging transactions, our securitization of assets, our surety bond requirements, the cost and availability of capital and the extension of credit by us. Current economic conditions in the hospitality industry and in the global economy generally, including ongoing disruptions in the debt and equity capital markets, may adversely affect our business and results of operations, our ability to obtain financing and/or securitize our receivables on reasonable and acceptable terms, the performance of our loan portfolio and the market price of our common stock. Several of our businesses are subject to extensive regulation and the cost of compliance or failure to comply with such regulations may adversely affect us. We are dependent on our senior management. Our inability to adequately protect our intellectual property could adversely affect our business. Disruptions and other impairment of our information technologies and systems could adversely affect our business. Failure to maintain the security of personally identifiable information could adversely affect us. The market price of our shares may fluctuate. Your percentage ownership in Wyndham Worldwide may be diluted in the future. Provisions in our certificate of incorporation, by-laws and under Delaware law may prevent or delay an acquisition of our Company, which could impact the trading price of our common stock. We cannot provide assurance that we will continue to pay dividends. We are responsible for certain of Cendant s contingent and other corporate liabilities. We may be required to write-off a portion of the remaining goodwill value of companies we have acquired.

Full 10-K form ▸

1361658--2/27/2009--WYNDHAM_WORLDWIDE_CORP