Trading Places Int'l Expands Into Caribbean Market

Trading Places selected as resort management company to offer professional services to new project on Isla Mujeres

Press Release: Trading Places Int'l
April 3, 2002
LAGUNA NIGUEL, CA -- Trading Places International has been retained by Avalon Resorts to provide professional resort management services for its newly opened resort on Isla Mujeres near Cancun, Mexico. Trading Places will provide maintenance and note fee billings, reservations, accounting, rentals and lead generation for the Avalon Reef Club; now celebrating its grand opening.

A spectacular Spa and Fitness Center, similar to one that Avalon has at its Avalon Grand resort in Cancun, will mark the completion of the Avalon Reef Club. The full-service facility is currently under construction. It should be completed next quarter.

The Avalon Reef Club, built on the tip of Isla Mujeres and surrounded by water on three sides, consists of 56 vacation ownership units. The Avalon Reef Club, the fourth Avalon Resort in Cancun, offers a combination of studio, one-and two-bedroom villas. The resort also includes a hotel, the Avalon Reef Tower with 75 guest rooms, six one-bedroom and three two-bedroom suites. Both properties offer all-inclusive vacations and share amenities, such as the water sports activity center, the soon-to-open spa and fitness center, restaurant and bar.

Trading Places International, headquartered in Laguna Niguel, Calif., works as a strategic partner with Avalon Resorts. Avalon Resorts also retains Trading Places to manage its Avalon Grand and Baccara Resorts in the Cancun Hotel Zone. Trading Places brings to Avalon Resorts its vacation ownership expertise, staff and systems to increase owner value.

Marcus C. Wood, a principal and executive vice president at Trading Places, says of his company's relationship with Avalon, "We look forward to growing along with Avalon Resorts, including expansion into additional areas of Latin America and the Caribbean." Avalon Resorts owns and operates vacation ownership resorts and hotel properties in Belize, Panama, and Cancun.

Trading Places International is a 28-year veteran of the travel and vacation ownership industries. It is the only vertically-integrated timeshare company that provides developers with program support for their sales and marketing efforts plus resort management, timeshare exchange and rentals in addition to a full-service travel agency. It currently oversees more than 40,000 timeshare owners at 28 resort locations in the United States, Mexico and Hawaii.

-------------------------------------------------

CONTACT:  
Carol Martens
(949) 448-5150
carolm@tradingplaces.com
http://www.tradingplaces.com