The average third-quarter daily rate at Wyndham Worldwide increased 2.5 percent year over year to $72.34,

according to the company. Systemwide occupancy increased 1.2 percentage points to 60.4 percent. The company's total system as of Sept. 30 consisted of 7,590 properties and 655,300 rooms, a 2.7 percent room increase compared with the end of the third quarter of 2013. The current development pipeline stands at more than 960 hotels and more than 116,000 rooms, the latter of which is 57 percent international and 66 percent new construction. The company reported net income of $206 million for the quarter, up from $187 million in the third quarter of 2013.