Cendant Corporation (NYSE: CD) announced today that it has completed the previously announced spin-off of its mortgage and fleet management businesses through the distribution to its stockholders of 100 percent of the shares of its previously wholly-owned subsidiary, PHH Corporation. In addition, Ce

Cendant Corporation (NYSE: CD) Chairman and Chief Executive Officer, Henry R. Silverman, increased his direct ownership of Cendant stock today through the exercise of approximately five million options that were set to expire on January 22, 2006. Net of shares withheld for the payment of the optio

Cendant Corporation (NYSE: CD) today announced an update to its financial projections that reflects continuing challenges at its Travel Distribution Services (TDS) division. The Company also announced specific actions to address these challenges and said its previously announced plan to separate Cen

One of the world's largest economy lodging operators, Super 8 Hotels officially opened six new China properties in September 2006. Super 8 is now the largest foreign economy hotel operator in mainland China. The openings have also helped make its parent company, Wyndham Worldwide, China's la

Super 8 Hotels (China) Co. Ltd. today announced that it has exceeded its 2006 development projection of 100 properties either open or signed by year end by 10 percent ? the second consecutive year the company has exceeded its development goals ? due to continued strong growth in domestic demand for