Fractional Real Estate News

Company Owns More Real Estate than All Other Destination Clubs Combined

DENVER, MAY 10, 2007 – Exclusive Resorts today announced that it has surpassed the $1 billion mark in the value of its owned residential resort real estate, which it believes is greater than the owned portfolios of all other destination clubs combined. The Club also announced new destinations and new experiences for its members, further confirming its place as the industry leader in providing families the best luxury vacation experiences possible.

ST. THOMAS, U.S.V.I., - April 10, 2007 – The Ritz-Carlton Club, St. Thomas recently named Ralph Mottinger as the new director, sales and marketing for the oceanfront, fractional ownership property. In this role, Mottinger is responsible for the management of all sales and marketing activities for The Club.

Acquisition of Tanner & Haley

ORLANDO, FL (May 9, 2007) — Ultimate Resort, LLC announced today that it has closed the acquisition of substantially all of the real estate assets of Tanner & Haley, transforming Ultimate Resort into the industrys second largest destination club with over 750 club members and an extensive portfolio of luxury club residences located in 25 world-class resort destinations in the United States, the Caribbean, Mexico and Europe. CapitalSource and JDI Realty provided over $100 million in debt and equity financing for the acquisition.

Miami-based GT Development Group Enters into Joint Venture Agreement with BelleHavens

Salt Lake City, UT (May 9, 2007) – BelleHavens, the worlds premier equity destination club, is pleased to announce a joint venture partnership with Global Development Group (GDG), a subsidiary of GT Development Group. GT Development, based in Miami, Florida, develops unique urban concepts for residential and commercial properties in South Florida. The objective of this joint venture is to build a platform of strategic partnerships that will raise BelleHavens brand awareness and continue to grow BelleHavens into an outstanding destination club for its members.

(FORT COLLINS, COLORADO) – May 1, 2007 – Private Escapes Destination Clubs, the leading club in the industry, offering three smart, luxury travel experiences, announces the today the launch of Space Available reservations, an enhancement to the clubs membership offering that allows greater flexibility for those members traveling last minute.

Re-flags Premier Timeshare Resort as Wyndham Property

ORLANDO, Fla. 04-27-2007 — Wyndham Vacation Ownership, the worlds largest vacation ownership company and a member of the Wyndham Worldwide family of companies (NYSE: WYN), today announced it has introduced the Wyndham brand to Sevierville, TN by re-flagging one of its premier resorts in Tennessee under the Wyndham banner.  This change marks one of the first milestones in the recently-announced re-branding initiative bringing the number of Wyndham Vacation Resort properties currently in Tennessee to three.

Re-flags Timeshare Resort in Old Town Alexandria as Wyndham Property

ORLANDO, Fla. 04-25-2007 — Wyndham Vacation Ownership, the world's largest vacation ownership company and a member of the Wyndham Worldwide family of companies (NYSE: WYN), today announced that is has expanded Wyndham's presence in the metro Washington area by unveiling one of its premier resorts in Old Town Alexandria under the Wyndham flag.  This change marks one of the first milestones in the recently-announced re-branding initiative.  The number of Wyndham resorts in the Washington D.C. area will expand to two with the scheduled opening of a Wyndham Vacation Ownership resort at the National Harbor entertainment complex in Prince George's County, Maryland in 2009.

PARSIPPANY, NJ (April 25, 2007) - The Registry Collection program, the worlds largest luxury exchange program, announced today the addition of Las Palomas Beach and Golf Resort to its network of more than 100 exclusive high-end leisure assets.

April 7, 2007 - Construction of Meriwether Ranchs first three Private Residence Club homes reached a critical point as the buildings have been closed in with completed roof structures.

Upscale Timeshare Resort will become the company's second property in the Washington, D.C. area

ORLANDO, Fla. 04-03-2007 —Wyndham Vacation Ownership, the world's largest vacation ownership company and a member of the Wyndham Worldwide family of companies (NYSE: WYN), today announced it has finalized a deal with The Peterson Companies, the developer of the highly anticipated National Harbor complex, to purchase the right to build an upscale 250-unit vacation ownership resort on nearly two acres of land.  Terms of the deal were not disclosed.