NEW BALI PROPERTY ADDED TO
GLOBAL EXCHANGE NETWORK
Peninsula Bay Resort Chooses Interval International
LONDON, March 12, 2010 – Interval International, a prominent worldwide provider of vacation services and an operating segment of Interval Leisure Group, Inc (Nasdaq: IILG), has added the Peninsula Bay Resort, situated on the Indonesian island of Bali, to its resort network. It is the latest vacation ownership property developed by British entrepreneurs, Roger and Alan Thomas, and is located on the waterfront of Nusa Dua overlooking the golden sand beaches of Benoa Bay.
“We have had an excellent partnership with the Thomases since they affiliated Peninsula Beach Resort with Interval more than 10 years ago,” said Joe Hickman, Interval International’s executive director for Asia Pacific. “We look forward to working with them on the new Peninsula Bay Resort, which is certain to prove as remarkable.”
Upon completion, the purpose-built project will feature 65 one- and two-bedroom units, all with sea-facing views. The resort is being built using contemporary Balinese architecture and is set within lush tropical gardens to create an eco- friendly atmosphere. The new property is just a five-minute drive from Peninsula Beach Resort, with shuttle service between the two, so that owners are free to enjoy the amenities at both.
"Our second resort in Bali, Peninsula Bay Resort, offers unrivalled spaciousness and luxurious comfort in an idyllic tropical setting,” Roger Thomas offered. “From our years of experience, we know that only one exchange company is capable of providing the highest standard and quality of services, along with exchange accommodations commensurate with our members’ expectations and requirements. Not surprisingly, we chose to affiliate with Interval International so that our members could enjoy the benefits and the efficient and caring service that the company unfailingly provides."
Planned amenities at the new property are an on-site spa, swimming pool, gym, two restaurants, and three bars. In nearby Nusa Dua, there are a number of golf courses, water sport offerings that include surfing and scuba diving, and day trips to Serangan Island, a local turtle conservation area. Visitors can also shop at the Bali Collection, with its selection of upscale shops and restaurants.
Further reinforcing the value of ownership, new purchasers at Peninsula Bay Resort will be enrolled as individual members of Interval International, as well as Interval Gold®, its upgraded membership programme. 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, worldwide hotel and dining discounts, and the complimentary services of Traveller’s Assistance, providing peace of mind when travelling.
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 33 years. Today, Interval has an exchange network of more than 2,500 resorts in over 75 nations. Through offices in 16 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.
