PARSIPPANY, NJ RCI Management (RCIM) the resort property management unit of Cendant Corp. s subsidiary Resort Condominiums International, LLC (RCI) will be joined with the property management operations of Fairfield Communities, following the completion of Cendants acquisition of Fairfield earlier this week.
RCIM manages 19 resorts consisting of 23 resort associations and 15 service affiliations in the U.S., Mexico and Australia. Fairfield manages 34 resorts consisting of more than 110 timeshare and whole ownership resort associations in the U.S. and the Bahamas. The new combined property management organization, RCI Resort Management, will be placed under the direction of Senior Vice President Mark Nuzzo, formerly svp/Fairfield Communities and president of Fairfield Resort Management Services.
In conjunction with this consolidation, RCI announced that John Small, svp/COO of RCI Management, has been named managing director, RCI New Markets. He will manage RCIs growing service offerings to the premium segment of the vacation ownership industry, primarily focusing on high-end, fractional resort products on an international basis. (4/5/01)