Group RCI Timeshare Exchange Signs Agreement with Resort Owners Group
Saturday, February 7, 2009
Group RCI timeshare exchange has announced an agreement with the Resort Owners Group that will allow member/ owners at Resort Owners Group to participate in RCI’s The Registry Collection (RCI’s luxury exchange program) or in RCI Weeks, the timeshare exchange company’s traditional interval exchange program.
Geoff Ballottii, president and CEO of Group RCI says, “These fine properties (the vacation homes of Resort Owners Group) will be complementary to our global portfolio and owners at Resort Owners Group affiliated resorts will greatly benefit from the services and benefits we provide through our unsurpassed global vacation exchange networks.”
CEO Gary Carter of Resort Owners Group was quoted in Hotel Interactive as saying, “Our affiliation with RCI now provides our owners with even more vacation options and a great value-added selling feature for Resort Owners Group developer partners.”
Group RCI, a subsidiary of Wyndham Worldwide Corporation, is the leading timeshare exchange company for vacation exchange and European vacation rentals, and this affiliation clearly expands options for owners with the Resort Owners Group. Based in Canada, Resort Owners Group is known for offering a unique platform approach for independent developers. With destinations in Canada, Mexico, the Caribbean, Europe, Asia, and the US, Resort Owners Group has created a global brand of professionally managed, rental-ready, resort vacation homes. The company markets their properties as being, “more affordable, more usable, and more exchangeable, with ownership options of fractional, whole, Private Residence Club and the new BuyWithFriends.com model of ownership.”
… A Little More Insight on this Type of Vacation Ownership
If you haven’t run across the concept of buying a vacation property “with friends,” Resort Owners Group is one company marketing a purchasing structure that lets you share ownership of a vacation property with your friends and family on the assumption that this is more desirable than ownership shared with strangers such as a fractional or a timeshare. How correct this theory is, has a lot to do with your friends and your family members and whether you see them as ideal property ownership partners or as contractual partners with whom complexities or problems could arise.