THE COTTAGES AT WINDERMERE HOUSE SELECTS PREFERRED RESIDENCES
Iconic Lakefront Cottage-Country Resort Is Only Two Hours' Drive From Toronto
Miami, FL, August 7, 2009 – Preferred Residences™, a hospitality branded membership and exchange program for luxury shared ownership resorts offered by a subsidiary of Interval Leisure Group (Nasdaq: IILG), today announced that The Cottages at Windermere House has joined its exchange network. The historic Windermere House Resort, located on Ontario's renowned Lake Rosseau in Canada's Muskoka Region, has been welcoming visitors for 140 years. Now, it is being transformed into a mixed-use property with a fractional component comprising new waterfront cottages. A wealth of on-site amenities, including three restaurants, fitness center, beach, boat slips, spa, and golf at the adjacent Windermere Golf Course, completes the upscale experience.
The Cottages at Windermere House will feature two- and three-bedroom units with living space ranging from 1,500 to 1,900 square feet. Residences will be furnished with an eye toward maintaining the high-end lake-house experience, with hardwood flooring, heritage-style lantern lighting, beamed ceilings, and stone-façade gas fireplaces. Fully equipped, state-of-the-art kitchens are planned to complement the over-sized dining room tables, which are designed for entertaining. The Cottages also will have screened-in three-season Muskoka rooms and large, open-air lakeview decks to maximize enjoyment of Lake Rosseau, where noted celebrities have vacation homes.
“This luxury resort is an impressive property and wonderful addition to the Preferred Residences network,” said David Gilbert, executive vice president of resort sales and marketing for Preferred Residences. “Its discerning owners and guests will appreciate the high-quality accommodations, first-class services and amenities, and spectacular setting.”
“Muskoka is an incredibly beautiful and scenic part of Canada that reminds visitors of the gracious vacation styles of another era. Our iconic resort is very much a part of that tradition and now, with the addition of The Cottages at Windermere House, a
broader clientele also can take ownership in this special experience,” said Paul Jeffrey, chairman of Windermere House Resort. “We’re excited to be affiliating with the exclusive Preferred Residences program, so that our owners can enjoy additional vacation experiences and leisure and lifestyle benefits.”
In addition to the sales and marketing opportunities for developers, Preferred Residences offers owners “high-touch” exchange services and year-round leisure and lifestyle benefits tailored especially for sophisticated, affluent travelers. These include preferential pricing at participating Preferred Hotel Group affiliated properties worldwide, complimentary Prestige membership in Priority Pass™ airport VIP lounge program, personal concierge services accessible 24/7 online and via phone, discounts on the Delta AirElite private jet program, and complimentary annual membership in Hertz #1 Club Gold®.
About Preferred Residences™
Preferred Residences™ is a hospitality branded membership and exchange program for luxury fractional resorts, private residence clubs, and condominium-style hotels. The program gives developers the opportunity to promote their upscale vacation residences within a network of exclusive accommodations and to deliver high-quality vacation experiences to owners of exceptional real estate. Members have access to a rich menu of benefits and services designed to enhance a sophisticated lifestyle. Preferred Residences is an alliance between Interval International, a leader in vacation ownership for more than 33 years and an operating segment of Interval Leisure Group, and the Preferred Hotel Group, representing more than 700 of the world’s finest independently owned hotels in over 75 countries.
