Franz S. Hanning

Fairfield Resorts, Inc. is a vacation ownership company. Fairfield Resorts specializes in the development, marketing and sales of innovative travel and leisure products, including vacation ownership intervals at the company’s 71 resorts. Fairfield Resorts was one of the first U.S. developers to move from traditional fixed-week timeshare ownership to a points-based exchange program with the launch of FairShare Plus in 1991. Fairfield Resorts, headquartered in Orlando, FL.

Trendwest Resorts, Inc. develops and markets resorts. It is focused on travel and real estate industries. Its brands including Avis and Budget Rental a Car, Howard Johnson, Ramada Inn, Fairfield Resorts, Century 21, Coldwell Banker and Jackson Hewitt Tax Services. It operates 52 WorldMark resorts in US, British Columbia, Mexico and Fiji. It is a wholly owned subsidiary of Cendant Corp. It was founded in 1989 and is headquartered in Redmond, WA

Wyndham Vacation Ownership, Inc. owns and operates hotels and resorts. The firm markets and sells vacation ownership interests, consumer financing in conjunction with purchase of vocation ownership interests, property management services to property owners associations and development and acquisition of vacation ownership resorts. The company is headquartered in Orlando, FL.

Part of Vivendi SE, Cendant Software is an American company that manufactures educational and entertainment software. The company is based in NJ. Cendant Software was acquired by Havas SA, a subsidiary of Vivendi SE from Avis Budget Group, Inc. on January 12, 1999 for $1,000 million.

Equivest Finance, Inc. finances the development of resorts and provides other financial services. The company is headquartered in Greenwich, CT.

Pahio Resorts, Inc. develops, markets, and operates hotels and resorts. The company was founded on April 5, 1982 and is headquartered in Honolulu, HI.

NSD Mission Grove LLC engages in the commercial real estate business. The company is headquartered in Orlando, FL.