Occupancy, rate and profit up at Wyndham Worldwide

The average daily rate at Wyndham Worldwide properties increased 1.3% year over year during the fourth quarter of 2012, and occupancy increased 1.2 percentage points to 48.2%.

Average daily rate increased across all major Wyndham brands except Tryp, Hawthorn Suites and Super 8, where it was down slightly.

Wyndham Worldwide's net income for the quarter was $81 million, up from $56 million the prior year.

Source: Business Travel News

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