TrendWest Resorts Inc. says it expects FY2001 net income toreach record levels, roughly 26% ahead of FY2000 results, onrevenues in excess of $460 million. For the fourth quarter,TrendWest reports vacation credit and fractional sales areestimated to reach $88.4 million, about 16% ahead of last year'sfourth quarter. Net income is expected to top $12 million, 16%ahead of last year's fourth quarter.

"This year's earnings growth began during the first quarter withstrong revenues and is continuing as we near year end. We havenoted a slowing of our growth momentum during this fourth quarterin reaction to the events of September 11th and tighter economicconditions, however, we expect to end the year well ahead of lastyear's levels," Bill Peare, President and CEO said in a newsrelease.

The company projects double-digit growth to continue in2002.