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1978: Fairfield introduces its first time-share plan called FairShare.
In June 1983, he appointed his longtime associate Donovan as president of Fairfield, who assumed control midway through the company's most ambitious expansion phase in its history.
By the end of 1986, the company had set a new record by losing $17.6 million.
Warner redoubled his efforts in 1987.
1989: Fairfield experiences the worst financial year in its history, losing nearly $25 million.
Fairfield Starts Anew in 1992
Carnival, an operator of 45 cruise ships under the names Carnival Cruise Line, Holland America Line, Windstar Cruises, and Cunard Line Limited, had been a partner with Fairfield since 1996, offering its cruises to Fairfield members.
After moving its headquarters from Little Rock to Orlando in 1999, the company became the third largest time-share organization in the country, trailing only Marriott Vacation Club and Sunterra Corp., both of which were also based in Orlando.
As Fairfield entered the 21st century, an announcement in January 2000 suggested the beginning of a new era for the company.
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