INTERVAL INTERNATIONAL WELCOMES
FIRST WHOLE OWNERSHIP RESORT COMMUNITY IN ARUBA
MIAMI, FL, December 15, 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 Gold Coast Aruba, to its vacation exchange network. The master-planned resort community will feature 270 whole ownership villas and townhouses in the island's Malmok area. It is the only development of its kind in Aruba that offers purchasers Interval’s upgraded membership program, Interval Gold®.
“Gold Coast Aruba will be selling its whole ownership product to an upscale clientele and we’re glad to be able to support them with our enhanced membership benefit product, which is specifically tailored to an affluent consumer,” said David Gilbert, executive vice president of resort sales and marketing for Interval International.
The resort community is located on 26 acres just a few minutes away from the scenic northwest coastline, and its architecture and interior design reflect a Mediterranean style with a contemporary Caribbean touch. It includes two- and three-bedroom townhomes and three-bedroom villas with well-appointed, spacious living and dining areas, state-of-the-art kitchens and bathrooms, large balconies, and secluded patios. The two-story townhomes range in size from approximately 900 to 1,600 square feet, while the villas have around 1,800 to 3,200 square feet of space.
“Gold Coast Aruba is situated in a very desirable area and features quality accommodations as well as a wide array of amenities that one would expect to find at a luxury resort,” said Fito Croes, director of sales and marketing for the property. “All owners will gain access to Interval’s valuable membership benefits, and those who participate in the rental program also will have the ability to trade their time for a comparable vacation experience at one of hundreds of quality resorts worldwide.”
Scheduled for completion in 2010 and 2011 is an amenity complex anchored by a multi-million-dollar clubhouse with a full-service spa, water feature, and infinity pool; a state-of-the-art fitness center; and two lighted tennis courts. The Tierra del Sol championship golf course, designed by Robert Trent Jones II, is conveniently located across from the property.
Membership in Interval Gold® further reinforces the value of ownership by giving new purchasers 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 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.
