Wyndham Enters Canadian Market With Toronto's Bristol Place Hotel

Business Wire, August 16, 1996

DALLAS--(BUSINESS WIRE)--Aug. 16, 1996--Wyndham Hotel Corporation (NYSE: WYN) announced today that on August 30, 1996 it will purchase and take over the management of the Bristol Place Hotel in Toronto.

The hotel will be known as the Wyndham Bristol Place Hotel at Toronto Airport. Terms of the transaction were not disclosed.

"We are delighted that this well-respected hotel is joining the Wyndham family," said James D. Carreker, chairman and CEO of Wyndham Hotel Corporation. "Toronto is an exciting city and our presence there is integral to our future plans for the Wyndham chain."

Located at 950 Dixon Road at Pearson International Airport, the Wyndham Bristol Place Hotel has 287 rooms and suites, banquet and meeting facilities for 500, as well as an indoor-outdoor pool and a health club.

It is also easily accessible to Toronto's major attractions including: Niagara Falls, CN Tower, SkyDome, Ontario Place, Ontario Science Center and the Maple Leaf Gardens. Nearby is the Canadian Exposition and Conference Center as well as six major shopping centers.

Wyndham will spend more than $3 million to renovate the public areas and upgrade all bathrooms.

Wyndham Hotels are upscale properties in primarily metropolitan locations, which offer a full range of guest services and amenities. These properties are targeted principally at business groups and other group customers, as well as individual business travelers.

Dallas-based Wyndham Hotel Corporation operates or franchises more than 65 upscale hotels and resorts in the U.S. and the Caribbean. For information or reservations, call your travel agent or Wyndham Hotels & Resorts at 800-WYNDHAM.

CONTACT: Corporate Contact:

Cary Jehl Broussard

Wyndham Hotels & Resorts

(214) 863-1337

or

National Media Relations:

Wendy May

Patrice Tanaka & Company, Inc.

(212) 229-0500

or

Investor Relations:

Trina Hardiman

McDonough & Associates

(212) 334-0033