By: Hotel News Resource
(27-04-2001)

ORLANDO, Fla., April 23 /PRNewswire Interactive News Release/ -- Resort
Condominiums International, LLC (RCI), today announced an exclusive
affiliation agreement with Intrawest Resort Ownership Corporation to provide
external exchange services for Club Intrawest's members.

All 10,000 existing Intrawest owners as well as new owners will
immediately become RCI members and have access to RCI's 3,700 resorts
worldwide. RCI members will also have access to Intrawest's world-renowned
resorts in locations such as Whistler/Blackcomb and Panorama, B.C.; Mt.
Tremblant, Quebec; Kauai, Hi.; Palm Desert, Calif. and Vancouver, B.C.

Club Intrawest is among the elite brands in our industry; their
locations are truly outstanding, said Ken May, CEO of RCI. We are pleased to add
these exceptional resorts to our already vast selection of vacation choices
for our members.

Jim Gibbons, president of Club Intrawest and CEO of IROC, said, We have
selected RCI to be our exclusive exchange partner because of its proven and
passionate service commitment, their forward thinking and the superior
network of vacation options that we will now be able to provide to our members.

Club Intrawest is the Vacation Ownership/Membership arm of Intrawest
Corporation, the leading developer and operator of village centered resorts
across North America. The company owns Whistler/Blackcomb, North America's
most popular mountain resort. It also owns Panorama, B.C., Blue Mountain in
Ontario (50 percent), Tremblant and Mont St. Marie in Quebec, Copper, Colo.,
Stratton, Vt., Snowshoe, W.V., Mountain Creek, N.J., Mammoth, Calif. (59
percent), and Sandestin Golf and Beach resort in Florida. Intrawest is also
creating world-class four-season resort villages at Keystone, Colo.,
Solitude, Ut., Squaw Valley near Lake Tahoe, Calif., Les Arcs, France and Lake Las
Vegas Resort, Nev.

Intrawest has a significant investment in Compagnie des Alpes, the
largest ski company in the world in terms of ski visits and a 45 percent interest in Helicopters Ltd., owner of Canadian Mountain Holidays, the largest heli-ski
operator in the world. Intrawest Corporation shares are listed on the New
York (IDR) and Toronto (ITW) stock exchanges. The company is headquartered
in Vancouver B.C., Canada.

RCI (RCI.com) is the world's leading global provider of products and
services to the timeshare industry, with more than 3,700 affiliated resorts
in 100 countries. In pursuit of its mission to be the market maker in global
travel and leisure, RCI offers the world's leading timeshare exchange
services through RCI Points, the first worldwide points-based exchange system, and
RCI Weeks, RCI's traditional week-for-week exchange system. Last year, more
than 2 million exchanges were confirmed through RCI, sending an estimated 7.5
million people on vacation. RCI provides integrated timeshare solutions in
addition to exchange services through RCI Market Links, including consulting,
travel agency and technological support. RCI is a subsidiary of Cendant Corporation (NYSE: CD).