DALLAS— Wyndham International reported a slightly narrower quarterly loss as the slump in travel and weak economic conditions continue. For the third quarter ended Sept. 30, 2002, the company reported a loss of $77 million, or 68 cents per share, compared with a loss of $83 million, or 66 cents per share, in the same period last year. RevPAR declined about 1.5% in the quarter, which the company attributed to a “slower-than-expected return of the business traveler.” Wyndham said it expects RevPAR in the fourth quarter to rise between 5% and 7% from a year earlier, with earnings before interest, taxes, depreciation and amortization growing to between $70 million and $75 million. The company said earnings before interest, taxes, depreciation and amortization for the third quarter fell to $55 million from $64 million a year earlier, which includes 13 properties to be sold in the fourth quarter. Wyndham last month predicted it would earn $60 million in the third quarter, not including the sale of those assets.
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