Trading Places International opened its doors in 1973 as a full-service travel agency in Southern California. Today, with a focus on quality, value, and personalized service, Trading Places is a vertically-integrated provider of exchange and leisure services to more than 200,000 vacation owners including onsite property management at over 20 resorts located throughout the mainland United States, Hawaii, Mexico, and Canada. Trading Places is headquartered in Lake Forest, California, and is operating business of Interval Leisure Group (Nasdaq: IILG), a leading global provider of non-traditional lodging, encompassing a portfolio of leisure businesses from exchange and vacation rental to vacation ownership..