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Press Release: Trendwest Resorts, Inc.
December 22, 2005
REDMOND, WA -- Trendwest Resorts, Inc., the West Coast's leading vacation ownership company, has announced the
opening of its newest resort, WorldMark Solvang, located in the Santa Ynez Valley approximately 40 miles north
of Santa Barbara, Calif. The 76-unit resort in the heart of downtown Solvang becomes WorldMark's 12th property
in California.
WorldMark Solvang currently has 38 of its units open and accepting guests, with the remaining 38 units expected
to be ready by January 2nd, 2006. The resort, which is walking distance to many of the town's shops, restaurants
and attractions, has been designed and decorated to reflect the town's European flavor.
It features a combination of studio, one-, two- and three-bedroom condominium-style units, as well as a select
number of two- and three-bedroom presidential suites. Resort amenities include a swimming pool, children's wading
pool, recreation facility and garden.
"We're pleased to be expanding our presence in California and in Solvang, we're adding a truly unique resort
destination that's rich in both culture and character," said Franz Hanning, president and CEO, Trendwest Resorts
and Cendant Timeshare Resort Group. "Solvang is centrally-located for many of our West Coast owners and we
know this resort will greatly enhance their vacation ownership experience with all that the Solvang area has to
offer."
Known as the Danish capital of the United States, Solvang is renowned for its Danish architecture and influence,
local wineries, shops and exceptional golf courses. A small town with a population of approximately 5,000 people,
Solvang is also known for its downtown shopping village, which features European imports and collectibles from
more than 200 merchants.
About Trendwest Resorts, Inc.: Trendwest Resorts, headquartered in Redmond, Wash., is a leader in the vacation
ownership industry, offering a network of drive-to and exotic resorts with a unique, flexible point-based system
of ownership. Trendwest currently operates 59 WorldMark resorts in the United States, British Columbia, Mexico
and Fiji. Trendwest is a wholly owned subsidiary of Cendant Corporation, the world leader in travel and real estate
services.
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Media Contact: Jim Cohn (407) 370-5321 or Jim.cohn@cendant-trg.com