Affordable Vacation Condos Are Now A Click Away; RCI Presents ResorTrip.com® Vacation Rental Store

- New Web Site Offers Convenience, Outstanding Selection of Condos From
Around the World -

October 11, 2001
PARSIPPANY, N.J. -- Quality condominium vacation accommodations around the world at affordable prices are now available online at ResorTrip.com, a new online vacation rental store created by Resort Condominiums International, LLC (RCI).

ResorTrip.com is a one-stop-shopping online destination for booking reservations at quality holiday resorts around the world. The accommodations include studio, 1-, 2- and 3-bedroom condominiums with full kitchens, baths and laundry facilities; hotel rooms, cottages and lodges; villas and chalets; and even houseboats.

"ResorTrip.com helps make it easy for anyone to experience the benefits of vacationing at resort condominiums," said Peter Giamalva, executive vice president and chief marketing officer, RCI. "And RCI members benefit from having an even larger pool of accommodations at which to vacation."

The site features a list of daily specials, and offers a search engine that allows consumers to specify dates and regional locations for vacation rentals. Details of each resort's amenities and nearby attractions are available, along with photographs of the resort, maps and contact information.

RCI (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 100 countries. In pursuit of its mission to be the market maker in global travel and leisure, RCI offers the world's leading timeshare exchange services through RCI Points, the first worldwide points-based exchange system, and RCI Weeks, RCI's traditional week-for-week exchange system. Last year, more than 2 million exchanges were confirmed through RCI, sending an estimated 7.5 million people on vacation. RCI provides integrated timeshare solutions in addition to exchange through RCI Market Links, including consulting, travel agency and technological support. RCI is a subsidiary of Cendant Corporation (NYSE: CD).

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Media Contact: John R. Barrows
973.496.8687
john.barrows@cendant.com