Resort Condominiums International

Resort Condominiums International

RCI (formerly, Resort Condominiums International) is a subsidiary of Group RCI which is a division of the firm Wyndham Worldwide (previously Cendant).

Founded in 1974 by Jon and Christel DeHaan, it has grown to become one of the larger brokers of timeshare trades. RCI has over 4,000 affiliated resorts in over 100 countries around the world [http://www.rci.com/RCI/RCIW/RCIW_index?body=RCIW_rdMain Browse all 4,704 RCI Affiliated Resorts] ] . Its membership base is approximately 3.6 million members worldwide.

Corporate structure

RCI's CEO and president is Geoffrey A. Ballotti. RCI's corporate headquarters is located in Parsippany, New Jersey. Its North American membership office is located in Indianapolis, Indiana and European membership office is located in Kettering, England, with several satellite servicing offices around world (ie. Saint John, Mexico City, Cork, Ireland, Manila, Philippines , Bangalore, India, Singapore, Singapore, Dubai, United Arab Emirates, Montevideo, Uruguay) etc.

Currently, RCI's biggest competitors in the timeshare market are Interval International [http://www.intervalworld.com/web/cs?a=60&p=about About Interval International] ] and Trading Places International [http://www.tradingplaces.com/aboutus/overview.asp Trading Places International] ] .

In July 2007, RCI grouped its subsidiaries in order to create brand awareness and to spread the company name. These subsidiaries will be held under the parent name Group RCI.

Litigation

A class action lawsuit is currently pending against RCI, being led by Green Welling LLP. The Plaintiff alleges that RCI actually rents out the most desirable and highly demanded vacation weeks from the spacebank, thus depleting the most desirable options available to Weeks Program members who seek exchanges. [http://www.classcounsel.com/news/rci.html Green Welling files a nationwide class action in New Jersey on behalf of RCI Weeks Program members.] ]

References

External links

* [http://www.rci.com/ RCI members website]
* [http://www.grouprci.com/ GroupRCI website]
* [http://www.holidaycottagesgroup.co.uk/ Holiday Cottages Group]


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