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RCI (formerly Group RCI and, before that, Resort Condominiums International) is a timeshare exchange company with over 4,300 affiliated resorts in 100 countries. Founded in Indiana in 1974 by Jon and Christel DeHaan , RCI is one of the two main timeshare exchange businesses, along with Interval International (II).
Similar to RCI, TPI works directly with resorts and individual owners in affiliate programs. If the owner of a timeshare unit at one of TPI's member resorts is in good financial standing with their resort, then TPI allows the owner to deposit their timeshare week(s) and exchange their week(s) with TPI's available inventory. [2]
The company has 108 luxury hotels and resorts in 30 countries and territories with 29,158 rooms, in addition to 46 hotels with 8,755 rooms planned for the future. [ 4 ] [ 3 ] The current company was founded in 1983, when the previous owners sold the Ritz-Carlton brand name and the Ritz-Carlton hotel in Boston , Massachusetts . [ 3 ]
Originally, Marriott Vacation Club properties were sold as weeks. A "fixed week" granted the owner the right to use their villa during a specific week each year (such as week 52, which includes New Year's Eve), or the right to use their villa during a specific "season" (defined on a per-resort basis), which granted the owner the right to reserve their villa for any available week within that ...
Marriott Vacations Worldwide Corporation is a pure-play public timeshare company. [2] Formerly a division of Marriott International, Marriott Vacations Worldwide was established as a separate, publicly traded entity focusing primarily on vacation ownership in November 2011. [3]
ILG, Inc. is an American timeshare company and a subsidiary of Marriott Vacations Worldwide.It was formerly a subsidiary of the corporation IAC.ILG is the parent company of Interval International, a provider of membership and leisure services to the vacation industry.
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