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 Fairfield Opens Daytona Resort!

LITTLE ROCK, Ark.--(BUSINESS WIRE)--March 15, 1999--Fairfield Communities, Inc. (NYSE:FFD) announced plans to add 124 vacation ownership villas in Daytona Beach, Florida, to its portfolio of properties. The villas are part of the 19-story oceanfront complex known as Ocean Walk Resort.

Sales of the Fairfield villas at the resort commenced in the third quarter of 1999 and the first guests arrived in 2000. Ocean Walk Resort is located on a stretch of beachfront property that is zoned exclusively for pedestrians and permanently closed to all motor vehicle traffic.

Amenities at the resort include indoor and free-form outdoor

heated swimming pools, a large heated whirlpool spa and a health and fitness center complete with an exercise room, golf training simulation center, and game room. The complex also includes an 80,000 square foot space for restaurants and specialty shops. Outdoors, vacationers can enjoy patio dining, a 235-foot "lazy river" for tubing, and an island putting green.

Local attractions include Daytona International Speedway, the Boardwalk, free concerts at the Bandshell, and the quarter-mile Ocean Pier, with its gondola skyride and revolving "Space Needle," and the nature trails and recreational activities at nearby Ponce de Leon Inlet Lighthouse, a national landmark. In addition, Daytona is less than an hour's drive from both

Cape Canaveral and Fairfield's Orlando resort. Using the Company's points-based system, Fairfield owners may purchase stays at both properties and enjoy all the attractions of Orlando and Daytona within a single vacation. "Fairfield has always been committed to offering its owners a wide variety of vacation options," said Bill Schnepp, Regional Vice President. "By developing this property, we can offer our owners a range of experiences on one vacation.

Using our points-based system, Fairfield owners will be able to enjoy a customized vacation that
includes the family fun and excitement of Walt Disney World and a few days of relaxation and recreation in beautiful Daytona Beach."

Click on any item below to go directly to that topic.

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Last Updated on January 31, 2001

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