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INDIANAPOLIS - Dec. 14, 1998--Condominium resorts hold broad
appeal among leisure travelers, according to a recent national consumer
study showing that over 80 percent of timeshare owners are satisfied with
their resort purchasers.
More than half (54 percent) of the people surveyed for the 1998 YPB
National Leisure Travel MONITOR expressed interest in staying in a condominium
resort during the next two years. Timeshare owners, who regularly vacation
at resort condominiums, may hold the key to
In a survey conducted by RCI Consulting -- the research arm of Resort
Condominiums International LLC -- almost 1700 timeshare owners revealed
why this type of vacation is of interest to so many vacationers. For example:
"People who want the certainty of staying in quality resort condominiums should look into timesharing and timeshare exchange," said Ron E. Jackson, president and COO of RCI North America, the world's premier timeshare-exchange company. "Although there is a more than 80 percent satisfaction rate, the more telling statistic is that more than 75 percent said they recommend resort timesharing to their friends." The Yankelovich MONITOR is a syndicated study of changing social values
now in its 27th year. The YPB National Leisure Travel MONITOR zeroes in
on travel trends among pleasure travelers. The study is sponsored by several
companies involved in the travel industry,
Also in the MONITOR survey, 62 percent of respondents agree with the statement "even though there are many things I would like to own, I prefer spending money on experiences that will enrich my life, like travel, vacations, theater, good restaurants, etc." Jackson said, "That may explain why nearly 4 million people living in more than 200 countries currently own timesharing." RCI, founded in 1974 in Indianapolis, Ind., is the leading timeshare-exchange company with more than 3,400 affiliated resorts in nearly 90 countries. In 1997, RCI booked more than 1.8 million exchanges, sending more than 6.5 million people on vacation. For more information, visit RCI's website at www.rci.com. RCI is a subsidiary of Cendant Corp. (NYSE:CD). Cendant is one of the foremost providers of consumer and business services. Cendant operates in three principal segments: Travel Services, Real Estate Services and Alliance Marketing. In Travel Services, Cendant is the leading franchisor of hotels and rental car agencies worldwide; the largest provider of vacation exchange services; a leading fleet management company; the UK's largest private car park operator; and a leading motorist assistance group in the UK. In Real Estate Services, Cendant is the world's largest franchisor of residential real estate brokerage offices, a major provider of mortgage services to consumers and a global leader in corporate employee relocation. In Alliance Marketing, Cendant provides access to insurance, travel, shopping, auto, and other services, primarily through direct marketing to customers of its affinity partners. Headquartered in Parsippany, New Jersey, the Company has more than 40,000 employees and operates in more than 100 countries. |
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