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UNIQUE ITALIAN RESORT VENICE ON WATER JOINS THE REGISTRY COLLECTION EXCHANGE PROGRAMME

Venice, Italy. (September 11, 2009) – MAP Destinations today announced that Venice on Water in Italy has affiliated with The Registry Collection® exchange programme, the world’s largest luxury exchange network.

Venice on Water offers a unique holiday experience, allowing guests to visit the waterways of the iconic Italian city staying in luxury two-bedroom houseboats. Berthed at Marina Darsena DEC in Mestre, only five kilometers from the centre of Venice, the boats are fully furnished, equipped to the highest specifications and can accommodate up to six people. Venice on Water membership entitles members to stay in their houseboat for one week each year.

The perfect location offers easy access to all the attractions of the historic city of Venice with its galleries, museums, palaces, churches and piazzas. The boats can be used for limited navigation inside the lagoon (no license required), while more experienced sailors can take them further along the famed Venetian waterways. Owners will be given training, while owners’ guests staying on the boats unaccompanied will need to hire a captain to take the vessel out of its moorings.

The water-borne resort is the first to be developed by MAP Destinations, the largest timeshare marketer in Malta, with over 20 years’ experience in the industry. MAP currently markets five resorts in Malta and one in Venice.

“We are very proud to add a property of the caliber of Venice On Water to The Registry Collection programme,” said Jonathan Back, managing director, Group RCI EMEAI. “Our goal is to offer our members the finest vacation destinations in the world. Working with affiliates such as MAP ensures that our members receive exactly the world-class luxury travel experience they desire. In terms of its concept, this development will certainly be one of the most unique and exciting additions.”

“The Registry Collection offers a unique exchange programme for our fractional owners,” said Mary Anne Pulé. “The level of service and exclusivity that The Registry Collection programme provides is precisely what our owners are looking for. We are very pleased to be working with them.”