The news has a week after final sale papers for its Malmaisonbrand and hotel properties in England and Scotland. MaryleboneWarwick Balfour Group has paid $111 million for the hotels. To datethis year, Wyndham has reaped $406 million in propertydispositions, surpassing its $300-million goal for 2000. Thesell-offs are critical to a strategic realignment to focus onWyndham-branded hotel and resort operations. Malmaison hotels arelocated in Leeds, Manchester, Newcastle, Glasgow and Edinburgh,with hotels planned in Birmingham and London.

Meanwhile, the third-quarter reporting reflects record occupancyrates. Wyndham Hotels & Resorts has increased occupancy to anaverage of 71.8%. Average room rates are $113.78 per night. WyndhamLuxury Resorts has experienced a 54.6% occupancy average, withaverage daily rates of $229.79. Summerfield by Wyndham is averaging88.7% occupancy in the third quarter and average daily rates of$127.16. Wyndham Garden's occupancy average is 72.1% and itsaverage daily rate is $88.27.

Wyndham's EBITDA has increased 13.9% to $131.9 million in thethird quarter, up from $115.8 million in third quarter 1999. Theadjusted EBITDA totals $132.3 million, a 5% increase over lastyear.

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