INTERVAL INTERNATIONAL AFFILIATES MARRIOTT'S ST. KITTS BEACH CLUB
Marriott Vacation Club's First Resort on the Island of St. Kitts Receives Industry Renowned Interval International Five Star Award®
Miami, FL, October 19, 2006 — Interval International, a leading global vacation exchange company and operating business of IAC (Nasdaq: IACI), announced the affiliation and Interval International Five Star recognition of Marriott's St. Kitts Beach Club in the West Indies. The resort will be located on-property with the St. Kitts Marriott Resort & The Royal Beach Casino and will include 88, two- and three-bedroom villas (at build-out). Initial occupancy is slated for January 2007.
Created in 1982, the Interval International Five Star Award® recognizes resorts that provide exceptional vacation experiences. Today, it is one of the most prestigious awards in the vacation ownership industry and continues to be synonymous with excellence.
"We are delighted to affiliate Marriott Vacation Club International's newest Caribbean property to our quality network," said Craig M. Nash, chairman and chief executive officer of Interval International. "This exceptional resort will offer owners and exchange guests deluxe accommodations and a full range of first-class amenities and services, further reinforcing Marriott's significant presence and commitment to the Caribbean."
"St. Kitts is a tremendous addition to our growing Caribbean portfolio of resorts," said Stephen P. Weisz, president of Marriott Vacation Club International. "Our owners have made it clear that they enjoy vacationing in this destination, so we are pleased to deliver yet another oceanfront island experience to our nearly 320,000 owners."
The spacious Garden House villas will be designed with "island life" in mind using a tropical color palette of orange, blues, and greens, with red accents, and touches of yellow and gold. Vacationers can enjoy luxurious amenities, including fully equipped kitchens with stainless steel appliances and walnut finished cabinetry, tile floors and granite counters; generous living and dining areas; washer/dryer; oversized shower and soaking tub in master suite; multiple flat-panel televisions; DVD players in living room and bedrooms; and Wi Fi Internet accessibility.
The 26-acre St. Kitts Marriott Resort & The Royal Beach Casino affords guests additional amenities and concierge services such as restaurants catering to everyone's tastes; state-of-the-art fitness center; sauna, steam room, and whirlpools at the 15,000 sq. ft. Emerald Mist Spa; sundries store; retail shops; and gaming at the adjacent casino. The nearby 18-hole Royal St. Kitts Golf Club offers guests preferred tee times and discounted greens fees.
Visitors to St. Kitts take pleasure in balmy year-round temperatures, spectacular beaches, mountainous terrain and breezy tropical winds. St. Kitts is known for being uncrowned, unspoiled and recognized for excellence in ecosystem preservation. Nature lovers can take advantage of the various tours of lava formations, tropical forest areas, and seaside lagoons. Boating tours and scuba diving expeditions are also favorite activities. Quaint shopping areas, beautiful Colonial architecture, and historic sites can be found throughout Basseterre, the capital, and in the small parishes on the island. The resort is a 10-minute drive from Basseterre and the Saint Kitts - Robert Bradshaw International Airport.
About Interval International
Interval International, a leading vacation ownership exchange company, is celebrating 30 years of quality and innovation. Interval has a global network of more than 2,000 affiliated resorts in over 75 countries, and serves its developer clients and in excess of 1.8 million member families through 28 offices in 19 countries. The company provides a variety of services and year-round travel-related benefits to enhance members' vacation experiences. Headquartered in Miami, Florida, Interval International is part of IAC, which operates leading and diversified businesses in sectors being transformed by the Internet, online and offline. Other IAC companies include Ask.com, Citysearch, Entertainment Publications, HSN, LendingTree, and Ticketmaster.
About Marriott Vacation Club International
Marriott Vacation Club International is the recognized worldwide leader in vacation ownership with a program highly regarded for its quality and unique flexibility. In 1984, Marriott became the first branded hospitality company by nearly a decade to enter the timeshare industry. MVCI continues to expand with a diverse portfolio of over 8,000 timeshare resort villas throughout the U.S., Caribbean, Europe and Asia. Today, nearly 320,000 vacation owners around the globe own their vacations "the Marriott way," offering options to exchange weeks with priority within the MVCI portfolio or within Interval International's global system of more than 2,000 resorts in over 75 countries, trade their week(s) for Marriott Rewards points, or rent their week(s). For more information, please visit www.marriott-stkitts.com or call (866) 300-3032.
