Wyndham to Enter Turks and Caicos Market

. October 14, 2008

JULY 1, 2008. Wyndham Hotels and Resorts today announced it will expand its Caribbean portfolio into the Turks and Caicos Islands with the development of a luxury 251-unit oceanfront resort at Pirate's Bay on the west coast of Grand Turk Island. The Wyndham(R) Cacique Royale Beach Resort is being developed in two phases by Prestigious Properties Ltd., the largest real estate brokerage firm in the Turks and Caicos, and will be managed by Wyndham Hotel Management Inc.

Cacique Royale is the Lucayan Indian term for Royal King, chosen for the hotel's name as a tribute to the island's natives. The resort's individual buildings also will receive Lucayan names including Baqua Cottages, which translates as Sea Cottages, and Nanichi Spa, which means My Heart Spa.

Construction is under way on both Phase I and Phase II of the project. Phase I is expected to be available for occupancy during the first quarter of next year.

The resort will feature oceanfront beach cottages and suites located in 14 low-rise buildings situated throughout the resort's Caribbean landscaping.

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