PARSIPPANY, NJ (Jan. 29, 2010) — RCI, the global leader in vacation exchange and one of the Wyndham Worldwide family of companies (NYSE:WYN), today announced the renewal of its affiliation with Bluegreen Vacations Unlimited, Inc. and Bluegreen Corporation, who are amongst the largest vacation ownership companies in the industry. This new agreement grants Bluegreen Club Members continued access to a broad array of exciting vacation experiences utilizing the RCI exchange networks.
“We are extremely pleased to renew our partnership with the Bluegreen family and their fantastic owners,” said Geoff Ballotti, CEO, RCI. “By building on our great relationship with Bluegreen, we can continue to offer RCI members around the world the opportunity to experience the wonderful collection of resorts that Bluegreen has to offer.”
As part of the multi-year agreement, RCI’s more than 3.7 million members will enjoy the opportunity to exchange into Bluegreen resorts across the globe. Similarly, Bluegreen Club Members will have access to vacations at a variety of destinations at RCI’s more than 4,000 affiliated properties worldwide in over 100 countries.
“By extending our existing relationship, we are continuing to give our owners the chance to enjoy all the opportunities that RCI offers,” said David L. Pontius, president of Bluegreen Management Services, Bluegreen Corporation. “RCI offers our Bluegreen Club Members access to terrific vacation resorts around the world and we’re glad to continue providing this service to our valued owners.”
RCI is part of Wyndham Exchange and Rentals, the worldwide leader in vacation exchange and the European leader in vacation rentals, with exclusive access for specified periods to more than 73,000 vacation properties in approximately 100 countries. Wyndham Exchange and Rentals is comprised of vacation exchange, including RCI, the worldwide leader in vacation exchange and provider of travel services to businesses and consumers and The Registry Collection® program, the world’s largest luxury exchange program; vacation rentals, including Endless Vacation Rentals®, Landal GreenParks®, Novasol®, and other renowned vacation rental brands, through which vacationers can rent a variety of property types, from city apartments to villas; and NorthCourse® Leisure Real Estate Solutions, an international leader in providing a full spectrum of advisory, research, and asset management services. Wyndham Worldwide Corporation is one of the world’s largest hospitality companies with leading brands in lodging franchising, vacation ownership, vacation rentals and vacation exchange. For additional information visit www.grouprci.com or the media center of www.wyndhamworldwide.com
For additional information on the services offered to developers by RCI and how they can add potential value to leisure real estate projects, visit www.grouprci.com
About Bluegreen Corporation
Founded in 1966 and headquartered in Boca Raton, FL, Bluegreen Corporation (NYSE:BXG) is the leader in providing Colorful Places to Live and Play through its vacation ownership resort and residential real estate business segments. Our more than 3,100 employees are passionate about delivering extraordinary experiences for our owners, travelers and business partners. Since 1996, Bluegreen has managed, marketed and sold a flexible, real estate-based vacation ownership plan with more than 208,000 owners, over 45 owned or managed resorts, and access to more than 4,000 resorts worldwide. Since 1985, Bluegreen Communities has developed master-planned residential and golf communities primarily in the southern and southeastern U.S., and has sold over 55,000 home sites. We also offer a portfolio of comprehensive, turnkey, fee-for-service resort management, financial services, customer generation and sales solutions to third-party developers and lenders. For more information, visit http://www.bluegreencorp.com