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To: Blue h2o who wrote (107485)	2/5/2004 5:23:12 PM
From: BarbaraT	Respond to of 208838

Wyndham International Sells Three More Non-Strategic Hotels; Company Focuses on Remaining 24 Non-Strategic Assets Left to Sell via COMTEX February 5, 2004 DALLAS, Feb 5, 2004 (BUSINESS WIRE) -- Wyndham International, Inc. (AMEX:WBR) announced today the sale of three non-strategic hotel assets: the 266-room Doubletree Hotel in Miami Lakes, Fla. to Garber Hotel Investments, LLC; the 128-room Radisson Hotel in Akron, Ohio to Akron Hospitality Group, L.L.C., an affiliate of Parikh and Parikh Associates; and the 224-room Holiday Inn San Francisco to Lotus Hospitality, Inc. Terms of the transactions were not disclosed. 'We will continue to divest non-strategic assets at pricing that is forward-moving to our company as we continue to reduce our debt and focus on our proprietary Wyndham brand,'stated Fred J. Kleisner, chairman and chief executive officer of Wyndham International, Inc. At the beginning of 1999, Wyndham International identified its non-strategic, owned assets. Including these three assets, the Company has successfully disposed of 129 properties, raising approximately $1.85 billion. In addition, Wyndham has converted another 20 properties to the proprietary Wyndham brand, leaving 24 non-strategic assets to sell. Wyndham International is continuing to pursue the sale of the remaining non-strategic assets with interested parties. Wyndham International, Inc. offers upscale and luxury hotel and resort accommodations through proprietary lodging brands and a management services division. Based in Dallas, Wyndham International owns, leases, manages and franchises hotels and resorts in the United States, Canada, Mexico, the Caribbean and Europe. For more information, visit www.wyndham.com. For reservations, call 800-WYNDHAM.