INTERVAL INTERNATIONAL AFFILIATES CABO VILLAS BEACH RESORT IN MEXICO
Miami, Florida, December 22, 2004 - Interval International, a leading global vacation exchange company, is pleased to announce the affiliation of Cabo Villas Beach Resort, located in Cabo San Lucas, Baja California Sur, Mexico. Cabo San Lucas is 20 miles from the San José del Cabo airport.
Upon its completion in the first quarter of 2005, Cabo Villas Beach Resort will have 83 luxury units. Its amenities will include an infinity pool and swim-up bar, a full-service spa, whirlpool, restaurants, beach club, and a gym.
"The development will include a variety of units - from five bedrooms to studio-size -offering great flexibility and many lock-off possibilities," said Chris Erickson, General Director of Cabo Villas Beach Resort. "Another key element of this property is its location in downtown San Lucas overlooking the well-known Medano Beach."
"In the last few years, Los Cabos has become one of the best-known Mexican leisure destinations, as well as a one of the preferred destinations for our members wishing to exchange their vacations," said Marcos Agostini, Interval International's Regional Director, Resort Sales and Service for the Caribbean and Latin America.
Located at the southern tip of the Baja California peninsula, Cabo San Lucas and San José del Cabo - known as Los Cabos - have a unique landscape created by the contrast between desert mountains, blue sea, and golden sand beaches. For example, the Arch - a natural rock formation at the juncture of the Sea of Cortez and the Pacific Ocean, has become a well-known landmark in Cabo San Lucas.
Los Cabos is also recognized worldwide as a destination for marlin sports fishing and ideal for such water sports as diving and snorkeling, as fish species teem in bay waters. Golf is another of its major attractions as it is the home of great annual championships that attract top professional figures. Additionally, Los Cabos is renowned for its popular nightlife with an array of diverse restaurants, bars, and discotheques.
New purchasers at Cabo Villas Beach Resort become members of Interval Gold - the industry's first and foremost value-added, membership upgrade program. This entitles them to enjoy an extensive array of discounts and services, including worldwide hotel and dining discounts, provided by best-in-class hospitality and travel industry vendors. Interval Gold members have 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. Members also receive quarterly travel magazines and newsletters, printed and electronic international resort directories, and a host of other privileges.
About Interval International
Since 1976, Interval International has led the vacation ownership industry with its hallmarks of quality and innovation. Interval has a global network of more than 2,000 resorts in 75 countries, and serves its developer clients and over 1.6 million members - worldwide timeshare vacation owners - through 26 offices in 17 countries. Interval provides a variety of exchange services and year-round travel related benefits to enhance member vacation experiences. Headquartered in Miami, Florida, Interval International is an operating business of IAC, which also includes such well-known brands as Expedia, Inc., Hotels.com, and Ticketmaster.
