Wyndham International's term loan "B" traded in the 79 context before changing hands slightly above 80, noted market players. One dealer suggested that the paper was propped up on expectations that as the economy recovers Wyndham will do better. "But is the economy improving?" another dealer questioned, pointing out the company's weak cash flow for the last quarter. According to a company statement, pro forma EBITDA for the third quarter was $55.2 million, down 14.5% compared to last year. Questions to Richard Smith, Wyndham cfo, were referred to a spokesman, who did not return calls.