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RCI® Launches First Cruise Vacation Exchange in Asia With a Choice of 10,000 Cruise Itineraries Through International Cruise & Excursions

SOURCE:

Group RCI

2008-04-07 09:44:00

RCI® Launches First Cruise Vacation Exchange in Asia With a Choice of 10,000 Cruise Itineraries Through International Cruise & Excursions

PARSIPPANY, NJ and SINGAPORE–( EMWNews – April 7, 2008) – RCI®, the global leader in

vacation exchange and timeshare exchange and one of the Wyndham Worldwide

family of brands (NYSE: WYN), today announced the launch of RCI Cruise, the

first cruise vacation exchange in Asia. RCI entered into an agreement with

ICE Gallery Asia Pacific (ICE) to offer RCI subscribing members in Asia a

choice of 10,000 cruise itineraries from among the world’s leading cruise

liners.

“We are very excited about RCI Cruise as it allows us to offer a new

dimension in vacation exchange to our members. In addition to offering

holiday exchanges at over 4,000 RCI affiliated resorts globally, the launch

of RCI Cruise will enable our members to enjoy the experience of a cruise

holiday from among 10,000 itineraries available across the globe. The debut

of RCI Cruise in Asia underlines our vision to identify innovative vacation

exchange options and we will continue to explore opportunities that will

enhance the vacation experiences of our members and their families,” said

Kendall Oei, president and managing director of Group RCI, Asia Pacific.

Group RCI’s foray into offering cruise exchange in Asia is timely as cruise

holidays are gaining popularity around the world. According to the UN-World

Travel Organization (WTO), 1.4 percent of international arrivals are cruise

passengers, generating rising revenues from all locations, and mainstream

liners are extending their itineraries into Asia. The World Cruise Shipping

Industry to 2020 report predicts that globally, world cruise passenger

aggregate is expected to reach 18 million by 2010, 22.6 million by 2015 and

27 million by 2020.

“We are delighted to have ICE steer our first cruise exchange in Asia. In

view of the growing demand for cruise holidays, working together with an

international and experienced cruise organization like ICE is key to the

success of RCI Cruise. We are confident that ICE’s expertise in cruise

programs and their array of cruise offerings will be most appreciated by

RCI members,” added Mr. Oei.

“The cruise market is growing rapidly in this region with the influx of new

ships providing seasonal itineraries. ICE is committed to delivering the

very best value in cruising across the world and working with the right

companies. As RCI’s chosen cruise provider for Asia, we are very excited to

be able to help convert the dream of cruise vacations into a reality for

RCI members, with the ease of RCI Cruise,” said Stuart Ockenden, Chief

Operating Officer for ICE.

ICE is one of the foremost worldwide cruise and leisure organizations

specializing in value-added cruise programs, internet marketing solutions

and unique technology solutions for a global portfolio of innovative travel

alliances among top corporations, resorts, cruise lines and vacation

suppliers.

ICE will manage and operate the RCI Cruise program and provide cruise

products and benefits to RCI members. Through RCI Cruise, RCI members will

have access to a vast network of renowned international cruise liners

including Royal Caribbean International, Cunard, Holland-America Line,

Princess, Norwegian, Celebrity, Disney Cruises and Carnival.

RCI members will be able to exchange their vacation week or RCI Points®

towards the purchase of up to four cabins at cruise exchange pricing plus

only one transaction fee on selected cruises, depending on the type of

cruise, cabin, date and destination. Alternatively, RCI Members and their

family and friends can avail themselves of member-only special rates should

they opt to purchase a cruise holiday outright through RCI, instead of

exchanging their week or RCI Points.

About Group RCI

Group RCI, part of the Wyndham Worldwide family of companies (NYSE: WYN),

is the global leader in non-hotel leisure accommodations with exclusive

access for specified periods to more than 67,000 vacation properties in

nearly 100 countries. Organizationally, Group RCI is comprised of vacation

exchange, including RCI®, the worldwide leader in timeshare and vacation

exchange and provider of travel services to businesses and consumers and

The Registry Collection®, the world’s largest luxury exchange program;

vacation rentals, including Endless Vacation RentalsSM, Landal

Greenparks®, Novasol®, and more than 30 other vacation rental brands,

through which vacationers can rent a wide variety of property types, from

city apartments to country cottages to unique villas; and NorthCourse®,

Leisure Real Estate Solutions, an international leader in providing a full

spectrum of advisory, research, asset management and turnkey solutions and

services. Collectively, the company delivers vacation experiences to

leisure travelers around the world and provides products and services to

business customers that support the growth of the leisure real estate

industry. 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.

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