PARSIPPANY, NJ— RCI Resort Management (RCIRM), a leading resort management company in the vacation ownership industry, announced that Timeshare Management Service International (TMSI), formerly a division of RCI Europe, will become part of RCIRM and operate under the name RCI Resort Management – Europe (RCIRM-Europe). TMSI, acquired by RCI Europe in April 2001, currently manages 15 resorts located throughout Europe. RCIRM and RCIRM-Europe together offer developer and homeowners association clients centralized resort management functions that create operating efficiencies and reduced overheard in human resources, information technology, legal, finance and call center operations. RCIRM manages more than 280 resorts and associations around the world representing nearly 600,000 owners. RCIRM said it plans to continue to pursue its expansion into international markets. Currently, RCIRM is planning continued growth in Europe as well as in the Asia Pacific region and Latin America.
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