"This location offers many recreational activities, including skiing, woodland hikes and golf, and is a great complement to the WorldMark resort family," says Gary Olmeim, vice president of resort development. Olmeim says the Tahoe project will allow Trendwest to offer a limited number of units for sale through the Trendwest Fractional Interest program with the remaining units assigned to WorldMark, The Club.

The first phase of the 110-unit year-round resort is scheduled to open in spring 2002. This phase includes a lodge with check-in area, workout facility and owner amenities, and six residential resort buildings. Built with an alpine mountain character, the resort will also feature an outdoor pool and multiple spas.

As of June 30, Trendwest had 45 sales offices, and 128,000 WorldMark and WorldMark South Pacific owners held over 2,350 condominium units at 44 resort locations in the United States, British Columbia, Mexico, Fiji and Australia.