RCI Premier Relaunched as RCI Timeshare Business; RCI Publication Goes Global With New Name and New Focus

Press Release
December 15, 2000
PARSIPPANY, NJ -- Resort Condominiums International, LLC (RCI) has renamed its vacation ownership industry publication RCI Timeshare Business, formerly titled RCI Premier. The publication has a renewed focus on delivering important news and information for RCI affiliates and timeshare developers around the world. It will be one of the few industry magazines with a truly global perspective.

The relaunch is part of a comprehensive program of new products and services, including RCI Points and RCI Weeks, and enhancements to existing RCI products and services announced today by RCI.

``RCI Timeshare Business presents vital information for resort developers, operators and homeowners associations on all subjects relating to vacation ownership development and management,'' said Geri Bain, director of publications, RCI. ``These days, developers are expanding beyond the borders of their countries, regions and even continents,'' she continued. ``Keeping pace with the trend toward globalization, RCI Premier magazine -- along with its counterparts RCI Timeshare World in Europe and RCI Timeshare Business Quarterly in Asia -- will have the same name -- RCI Timeshare Business, and a new global look.

``These changes are not just cosmetic,'' Bain added. ``RCI's industry magazines will now share themes and global content, including a global news page, a global questions-and-answer column and a more intense focus on global issues. But in addition to thinking globally, we're also acting locally -- producing the same in-depth regional coverage we always have.''

RCI's affiliate publication was first launched in 1985, and has been a staple of the industry ever since. The bi-monthly full-color publication features information on RCI services, as well as feature stories on innovative timeshare developers, tips for improving resort management, statistics and industry figures, and general timeshare industry news.

RCI (www.rci.com) is the world's leading global provider of products and services to the timeshare industry, with more than 3,700 affiliated resorts in 93 countries. In pursuit of its mission to be the market maker in global travel and leisure, RCI offers the world's leading timeshare exchange service, booking more than 2 million exchanges in 1999, sending an estimated 7.5 million people on vacation. RCI provides integrated timeshare solutions in addition to exchange including consulting, travel agency, technological support and lead-generation strategies along with club development and operations. RCI is a subsidiary of Cendant Corporation. Cendant Corporation (NYSE: CD) is a global provider of real estate, travel and direct marketing related consumer and business services.

SOURCE: Resort Condominiums International, LLC