Friday, July 28, 2006


Marriott Timeshare Vacation Club International Expands Presence in Asia

MVCI Asia Pacific will introduce a new Club Points product uniquely tailored to the vacationing habits of consumers in Asia. The program offers flexibility of use such as duration of stay, timeshare size and location at Club resorts in addition to exchange at MVCI timeshare resorts around the world.

"The development of Marriott's Phuket Beach Club in 2001 was just the beginning of our long-range plans for the Asia Pacific region. We have recognized for quite some time that while timeshare is booming elsewhere in the world, Asia is still a relatively untapped market. I am excited about the opportunities that are upon us to offer exceptional vacation experiences to consumers in Asia," said Steve Weisz, president, Marriott Vacation Club International.

The regional Asia Pacific team based in Singapore is lead by Harold Derrah, senior vice president and managing director, MVCI Asia Pacific.

MVCI will continue to develop its core product of deeded or right-to-use timeshare resorts in addition to the points-based product for consumers in Asia. Current Asia Pacific plans include developing properties across the region, and utilizing inventory at the existing Marriott's Phuket Beach Club. Marriott's Grand Chateau in Las Vegas, and Marriott's Ko Olina Beach Club, Oahu, Hawaii will also provide timeshare inventory to the Club Points product.

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