Former Cendant Corp Chairman Walter Forbes was sentenced to 12 years and seven months in prison and ordered to pay $US3.3 billion ($A4.2 billion) for one of corporate Americas's biggest accounting scandals.
Cendant Corporation (NYSE:CD) today reported results for second quarter 2006. Revenue totaled $4.3 billion, an increase of 2% over second quarter 2005, reflecting growth across Wyndham Worldwide and the Company's Avis Budget businesses.
Wyndham Hotels and Resorts today debuted exterior and interior images of its three new hotel prototypes including guest rooms, lobbies, coffee bar and other public spaces.