GRAND LODGES MOUNT HOOD CHOOSES TO AFFILIATE ITS FRACTIONAL SKI-IN, SKI-OUT RESORT WITH

INTERVAL INTERNATIONAL

 

MIAMI, FL, December 10, 2009 – Interval International, a leading global provider of vacation services and an operating segment of Interval Leisure Group (Nasdaq: IILG), today announced the addition of Grand Lodges to its vacation exchange network. Tucked into Oregon’s majestic Cascade Mountain Range a few miles from Mt. Hood, this new fractional resort offers four seasons of recreation, including year-round downhill and cross-country skiing.

“The central location of Grand Lodges adjacent to three ski areas is ideal for our upscale members, who will have the opportunity to visit this high-quality ski-in/ski-out resort,” said David Gilbert, executive vice president of resort sales and marketing for Interval International. “This destination offers a wonderful variety of recreational options, including an extensive night skiing area at Mt. Hood Skibowl and summer skiing at Timberline Palmer Snow Field.”  

Today, owners of 1/16 shares at Grand Lodges can catch the Porch-to-Powder shuttle to Mt. Hood Skibowl, Timberline Lodge, and Collins Lake Resort and ski back from Timberline via the glade trail to within steps of their front doors. A proposed aerial tramway connecting the three ski areas promises to further expand ski-in options.

With panoramic views of Multorpor Mountain, Mt. Hood Skibowl, and Collins Lake, 16 open-plan units are designed for a cosmopolitan market coming from the Pacific Northwest’s large metropolitan hubs (Portland International Airport is 53 miles away). Three floor plans ranging from 1,800 to 2,300 square feet offer owners and guests three bedrooms, a gourmet kitchen, and a private balcony off the living room and master bedroom. In most units, Brazilian cherry hardwood floors and Cascadian stone fireplaces lend to an ambiance of rustic elegance.     

“Our vision was to create the ultimate balance between a getaway retreat and a comfortable home,” says Kirk Hanna, managing member of Mt. Hood LLC II, the developer of Grand Lodges. Hanna also owns Mt. Hood Skibowl. “Units are acoustically engineered to give owners a quiet appreciation of the stunning panoramas. The on-site recreation center and full-service concierge and spa will provide first-class pampering. And, our affiliation with Interval International completes the picture by expanding our owners’ vacation options to other quality locations worldwide.”

Planned on-site amenities include a fully equipped fitness center, heated outdoor pool, hot tub and sauna, wireless Internet access, and shuttle service for skiers. Situated in the slope side village of Government Camp, the resort also offers visitors easy access to the surrounding Mt. Hood National Forest, with more than 1,200 miles of hiking and biking trails, as well as world-class rafting, fishing, canoeing and kayaking.

Further reinforcing the value of ownership, new purchasers will be enrolled as individual members of Interval International, as well as Interval Gold®, its upgraded membership program. This gives them 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 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. 

Interval International operates membership programs for vacation owners 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 33 years. Today, Interval has a network of approximately 2,500 resorts in more than 75 countries and offers its resort clients and about 2 million member families high-quality products and programs through offices in 26 cities in 16 countries. 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.

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