Leading global travel membership organisation, RCI has teamed up with Lynch Hotels to affiliate three properties to the RCI network in key tourist spots around the country. One of Ireland�s best known hotel operators, Lynch Hotels, recently launched Holiday Ownership Ireland (HOI) in 2004 adapting three of its most popular hotels to a mixed-used model to build brand new, two bedroom, two bathroom apartments on each existing complex.

For a one-off payment including maintenance fees and RCI membership, customers are entitled to 5 years of holidays in any of the three hotels in Dublin, Clare and Mayo. HOI will be managed as a white label club by RCI who will provide a full range of travel, reservation and exchange services to members and will be run on a Points scheme.

Chief Executive & President of RCI Europe & Middle East, Preben Vestdam said: �Ireland is a destination that is ripe for timeshare type development right now. The product offers hospitality brands and developers a natural diversification path that increases brand loyalty and guarantees higher occupancy year-round and while the property market for second homes is continuing to escalate in Ireland, holiday ownership schemes make sense to anyone looking for a savvy financial solution to planning their leisure time.�

He goes onto say: �Ireland has always been a popular destination for our members and continues to grow in demand. The three properties we have affiliated provide a good mix of country and urban destinations in some of the most beautiful parts of the country.�

Lynch Breaffy House Hotel Spa & Suites in Castlebar, Co Mayo, nominated alongside Gleneagles in Scotland in the 2004 World Travel Awards, is a baronial country house estate with a world-class spa. Deep in the wooded countryside of Co Clare, Lynch Clare Inn Hotel & Suites overlooks Domoland Castle�s championship 18-hole golf course and the nearby Shannon estuary. And by contrast, the Lynch Green Isle Hotel based in the heart of Dublin is minutes from world class shopping, dining and nightlife.

Michael B. Lynch, Group Managing Director Lynch Hotels, says " The introduction of HOI and now our affiliation to RCI is unique to the Irish market and comes at a time when Irish people are increasingly keen to invest in holiday homes abroad. Our HOI programme addresses this trend also in that we are offering a degree of ownership that comes with the flexibility in terms of when and where you holiday. Being a HOI owner means you can holiday both at home and abroad without feeling guilty about a second home that goes unused."

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Media Contacts: Media Contacts: Sarah Long at RCI on 020 8762 6582 or slong@europe.rci.com, or call the Red Consultancy on 0207 465 7700 and ask for the RCI team.

Notes to Editors � RCI's points exchange program allows timeshare owners to have the relative value of the holiday ownership interests that they own expressed as an annual quantity of points, which can be used to obtain holiday accommodation around the world as well as a wide variety of other travel products, including airfare, car rental, hotel stays, cruises, golf outings and tickets to theme parks. � About RCI: RCI is a global provider of leisure travel services to businesses and consumers, and the worldwide leader in holiday ownership exchange. As a growth partner to its business clients, RCI leverages core competencies in exchange/barter networks, business partnering and travel currency arbitrage to build membership in travel and unlock the value of leisure assets in vacation ownership, real estate, hospitality, travel and tourism, and with affinities. RCI is a subsidiary of Cendant Corporation (NYSE: CD), a provider of travel and real estate services. � About Lynch Hotels: Lynch Hotels is one of Ireland�s leading hotels brands with 8 3- and 4-star hotels throughout Ireland. See www.lynchotels.com and www.holidayownershipireland.com for further details.