Press Release: Fairfield Resorts
August 2, 2002
Kill Devil Hills, NC -- Fairfield Resorts, Inc., the world's largest vacation ownership company with more than
450,000 owners, today announced the opening of the company's first-ever Outer Banks sales office, located at 1106
South Virginia Dare Trail in Kill Devil Hills, N.C.
Founded in 1966, Fairfield Resorts specializes in the development, marketing and sales of innovative travel and
leisure products, including vacation ownership intervals at its 64 resort properties nationwide. Fairfield Resorts
is a subsidiary of Cendant Corporation (NYSE: CD), a leader in travel services and real estate with well-known
brands like Avis, Days Inn and Century 21 - all trusted by millions of consumers worldwide.
"We're tremendously pleased to establish a presence in one of the most popular vacation spots on the Eastern
seaboard," said Vance Silva, vice president of sales for Fairfield's Outer Banks sales office. "Our
owners enjoy the world's most flexible vacation ownership products, and we're looking forward to introducing the
Fairfield lifestyle to the many thousands who visit the Outer Banks each year."
The establishment of the new Fairfield sales office will result in 25-35 new jobs locally, mostly in sales and
marketing. For employment information or questions regarding vacation ownership, please call Vance Silva at (252)
449-2244.
http://www.fairfieldresorts.com
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Contact: Adam Schwartz (407) 666-2128 adam.schwartz@efairfield.com