RCI Timeshare

Make the most of your timeshare ownership by taking advantage of bonus time opportunities

Until you own a timeshare, you may not fully appreciate bonus time. The term bonus time means deeply discounted vacation rates offered either by a timeshare resort, a group of resorts, or through a timeshare exchange company.

Resort Condominiums International, for example, offers two types of bonus timeshare to its members. Extra Vacations are the available days created when RCI members trade their timeshare points or weeks for another travel product, such as discount airfares or a cruise. The result is extra timeshare inventory in certain resort locations and great deals for RCI members. Members can purchase Extra Vacations for a period of one-week and use them for themselves or give them to someone else through a gift certificate.

Last Call is RCI’s clearance-priced bonus timeshare. Last Call timesharing is truly last minute planning, but the prices are incredible. Currently RCI Last Call reservations for studio units are $129 per week; one bedroom units at $179 per week; and two bedroom units priced at $219 per week – discounts well worth making a last minute effort to enjoy.

Hospitality industry giant Cendant will create Wyndham Worldwide, a new business entity

Cendant Corporation is expected to spin off Wyndham Worldwide during the third quarter of 2006, making Wyndham Worldwide the largest hospitability company in the world to offer a range of lodging products and services. The spin off will establish Wyndham Worldwide an independent, publicly traded company, with the following branded products: Wyndham®, Ramada®, Super 8®, Wingate Inn® and Days Inn®; the vacation exchange and rental businesses of RCI®, Novasol® and Landal GreenParks®, and the timeshare businesses, Fairfield® Resorts (FairShare Plus®) and Trendwest® Resorts (WorldMark®)

The company has mentioned no plans for merging the two timeshare giants, Fairfield and TrendWest. As Stephen P. Holmes, Cendant vice chairman explains, “Even as we adopt a new corporate brand to represent the sum of our hospitality businesses, we recognize the tremendous value and equity of each of our brands. Our commitment to our total brand portfolio remains just as strong, and we will continue to grow and enhance the presence of our brands within their respective market segments.”

Timeshare industry leaders will meet in Dubai to chart a path as industry prepares for serious growth.

Resort Condominiums International’s (RCI) Middle East operations headquarters is now located in Dubai. From their offices, they oversee all of their rapidly growing timeshare business in India, China, the Middle East, East Africa, and Turkey. It is no coincidence that the April 2006 international timeshare symposium, hosted by RCI (Cendant) and Ragatz Consulting, will he held in Dubai—at the hub of much of this growth explosion.

Global timeshare industry specialists have great expectations for timeshare development in Dubai, India, and other parts of the region. During this year’s symposium, entitled “New Horizons in Shared Ownership,” officials are expected to voice timeshare industry growth expectations of more than of 50% over the next five years, with India and Dubai being pacesetter locations expected to see the greatest increases.

Preben Vestdam, President and CEO for Europe and the Middle East (RCI) says, “(timeshare) is a brilliant business model for Dubai when you think of the volume of real estate. In this region, in 10 years time, I can see there being an additional 500-1,000 timeshare resorts.”

The symposium expects to attract business investors, real estate developers, and international specialists from the timeshare industry.