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Wyndham Worldwide (WYN)
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WYN » Topics » Lodging Acquisition

This excerpt taken from the WYN 10-Q filed Aug 8, 2008.
        Lodging Acquisition
 
On July 21, 2008, the Company announced the completion of its acquisition of U.S. Franchise Systems, Inc. and its Microtel Inns & Suites (“Microtel”) and Hawthorn Suites (“Hawthorn”) hotel brands from a subsidiary of Global Hyatt Corporation for a purchase price of $131 million. The addition of Microtel, a chain of economy hotels, and Hawthorn, a chain of extended-stay hotels, expands the Wyndham Hotel Group system to 12 brands.


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Item 2.  Management’s Discussion and Analysis of Financial Condition and Results of Operations.
 
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