INTERVAL INTERNATIONAL AND THE BERKLEY GROUP
EXTEND LONG-TERM RELATIONSHIP
MIAMI, Florida, June 3, 2010 – Interval International, a prominent worldwide provider of vacation services and an operating segment of Interval Leisure Group, Inc. (Nasdaq: IILG), today announced the extension of its affiliation agreement with The Berkley Group. The multi-year contract extends the relationship established in 1992 and comprises two resorts located in the Williamsburg, Virginia, area.
“We are proud to be associated with The Berkley Group, one of the most successful companies in the vacation ownership industry,” said David Gilbert, Interval’s executive vice president of resort sales and marketing. “Their commitment to building and delivering quality products and services aligns perfectly with Interval’s position as The Quality Vacation Exchange Network.”
“Interval’s management team has proven through the years that they understand and appreciate our business. They have provided exceptional sales, marketing, and operations support, which has played an important role in the success of our Williamsburg projects,” noted Bruce Polansky, The Berkley Group’s senior vice president of sales.
The resorts located in “America’s Colonial Capital” include Williamsburg Plantation and The Colonies at Williamsburg. Situated on more than 70 acres, Williamsburg Plantation offers owners and guests two- and four-bedroom units with a full range of on-site amenities, including a clubhouse, tennis and basketball courts, and indoor and outdoor swimming pools. The Colonies at Williamsburg also offers spacious accommodations and a variety of on-site amenities in a charming, residential setting.
The family-friendly destination is most renowned for Colonial Williamsburg, the oldest and, at 174 acres, largest outdoor living-history museum in the United States. Although Colonial Williamsburg is considered by many to be the nation’s first theme park, two other nearby attractions also fit that description: Water Country USA and Busch Gardens. Williamsburg also has more than a dozen golf courses designed by some of golf’s best, including Pete Dye, Robert Trent Jones Sr., and Arnold Palmer.
The Berkley Group will continue to enroll new purchasers as individual members of Interval International, as well as Interval Gold®, the upgraded membership program. This gives owners the opportunity to exchange their accommodations for those at other resorts in Interval’s worldwide network, as well as the ability to relinquish their resort weeks toward the purchase of cruise, golf, and spa vacations. They also will enjoy an extensive menu of Gold benefits, including discounts on resort Getaways, ShortStay Exchangesm, access to a personal concierge service available 24 hours a day via phone and e-mail, complimentary Hertz #1 Gold® membership, and worldwide hotel and dining discounts.
About Interval International
Interval International operates membership programs for vacationers and provides value-added services to its developer clients worldwide. Based in Miami, Florida, the company has been a pioneer and innovator in serving the vacation ownership market for more than 34 years. Today, Interval has an exchange network of more than 2,500 resorts in over 75 nations. Through offices in 15 countries, Interval offers high-quality products and benefits to resort clients and approximately 2 million families who are enrolled in various membership programs. Interval is an operating segment of Interval Leisure Group, Inc. (Nasdaq: IILG), a leading global provider of membership and leisure services to the vacation industry.
