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Richard Jackson Joins Fairfield Resorts as Vice President of Rental Sales and Channel Marketing

Press Release: Fairfield Resorts
March 22, 2005
ORLANDO, FL -- Fairfield Resorts, Inc., the largest vacation ownership company in the world with more than 450,000 owners, announced March 14 that Richard M. Jackson has joined the company as vice president of rental sales and channel marketing.

A veteran of 25 years in the travel and hospitality industries, Jackson comes to Fairfield from Universal Orlando Resort, where he spent 18 years and most recently served as vice president of domestic and international sales. In his new role with Fairfield, Jackson will be responsible for the development and execution of profitable strategies for rental operations company-wide. In addition, he will oversee a variety of owner and guest reservation services for a portfolio of 70 resorts throughout the U.S. Jackson will be based at Fairfield Resorts’ corporate headquarters in Orlando.

“Richard brings a wealth of experience in the tourism, travel and hospitality industries, and his track record speaks for itself,” said Mary Mahoney, executive vice president, hospitality and resort operations at Fairfield. “Richard is a highly-visible and very well-respected person both in the industry and our community, and we look forward to his ideas, leadership and expertise in this very important position.”

During his tenure with Universal Orlando, Jackson served in a variety of leadership roles including vice president of sales, vice president of marketing operations and vice president of corporate sponsorships. Jackson managed a variety of sales channels, including timeshare, and directed a staff of 375 employees.

Jackson plays an active role in the Orlando community, serving on boards for Visit Florida, House of Hope, Florida Citrus Sports and the Travel Industry Association. He was also recently appointed to the Florida Commission on Tourism. Jackson’s first day with Fairfield is March 14, 2005.

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 resorts. Fairfield Resorts was one of the first U.S. developers to move from traditional fixed-week timeshare ownership to a points-based exchange 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, Orbitz, AVIS, Days Inn, Ramada Century 21, Coldwell Banker and RCI. www.fairfieldresorts.com

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For more information contact: 
Jim Cohn 
(407) 370-5321 
Jim.cohn@fairfieldresorts.com