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Press Release: Fairfield Resorts
September 27, 2002
ORLANDO, FL -- Fairfield Resorts, Inc., the largest vacation ownership company in the world with more than 450,000
owners, yesterday announced that Michael Powers has been appointed vice president of in-house sales at Fairfield
Williamsburg.
Powers first joined Fairfield in 1989 as a sales representative in Williamsburg, and most recently served as director
of in-house sales. Prior to entering the timeshare industry, Powers served as a detective with the New York City
Police Department. He has been a member of Fairfield's exclusive Presidents' Club since 1998.
"After nearly 20 years, Fairfield Resorts continues to enjoy tremendous success in Williamsburg," said
Mary Reinhardt, regional vice president of sales, Fairfield Resorts. "We've always benefited from leaders
who can maintain a positive work environment while consistently helping our salespeople achieve great results.
Mike is ideally qualified to continue this longstanding Fairfield Williamsburg tradition, and we are pleased to
elevate his role within our organization."
Fairfield is currently constructing its third resort property in the area, Fairfield Williamsburg at Governor's
Green. Other area properties include Fairfield Williamsburg at Kingsgate and Fairfield Williamsburg at Patriot's
Place.
About Fairfield Resorts
Fairfield Resorts, Inc., with more than 450,000 owners, is the largest vacation ownership company in the world.
Fairfield Resorts specializes in the development, marketing and sales of innovative travel and leisure products,
including vacation ownership intervals at the company's 65 nationwide resorts. Fairfield Resorts was one of the
first U.S. developers to move from traditional fixed-week timeshare ownership to a points-based ownership program
with the launch of FairShare Plus in 1991. Fairfield Resorts, headquartered in Orlando, is a subsidiary of Cendant
Corporation (NYSE: CD), a diversified global provider of business and consumer services primarily within real estate
and travel. Other Cendant brands include Cheap Tickets, AVIS, Days Inn, Ramada, Century 21, Coldwell Banker, and
RCI. http://www.fairfieldresorts.com
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Contact: Adam Schwartz (407) 666-2128 adam.schwartz@fairfieldresorts.com