RCI Holiday Network Selects LastMinuteTravel To Offer Vacation Property Rentals

The RCI Holiday Network
and The LastMinuteTravel‰ Network are joining forces to provide RCI
Holiday Network condominiums, homes, boats and other vacation property
rentals to the Last MinuteTravel® market.

In June 2002, the LastMinuteTravel Network will introduce
LastMinuteTravel‰ Vacation Rentals, a new category on its
industry-leading online destinations, LastMinuteTravel.com®
and Last
Minute Travel on AOL.  Travelers taking advantage of the tremendous
discounts on airfare and other travel products via the LastMinuteTravel
Network websites will now also be able to obtain RCI Holiday Network
vacation property rentals with as little as one week advance time. 

“RCI Holiday Network has more than four times as many units available as
any other company specializing in family-friendly vacation rental
accommodations such as condominiums and vacation homes,” said Peter
Giamalva, president, RCI Holiday Network.  “That portion of our total
inventory that is available on short notice will be highly attractive to
LastMinuteTravel`s fast-growing market, while building our brand
identity and providing consumers with more ways to access our

“We are delighted to offer the highly motivated consumers who frequent
our sites and subscribe to our e-mail the ability to instantly access
RCI`s last-minute inventory of vacation rental condominiums and homes
around the world,” said Alan Greenberg, chairman and CEO, The
LastMinuteTravel Network.  “The RCI vacation rental inventory
complements other significant enhancements to our premier site,
LastMinuteTravel.com, that are forthcoming in the next few weeks.  These
additional improvements will both increase the variety of offerings as
well as simplify the booking process,” added Greenberg.

The LastMinuteTravel partnership complements RCI Holiday Network`s
existing agreement with Trip.com, a full-service travel website,
offering access to RCI`s unique vacation rentals up to 12 months in